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Form FR-285 For immediate release STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System BANK DEBITS January 29, 1938 . Debits to individual accounts, as reported by banks in leading cities for the week ended January 26, aggregated $7,-452,000,000, or 10 percent below the total re ported for the preceding week and 19 percent below the total for the corresponding week of last year. Aggregate debits for the 1-41 cities for which a separate total has been main tained since January 1919 amounted to $6,869,000,000, compared with §7,646,000,000 the preceding week and $8,543,000,000 the week ended January 27 of last year. SUMMARY BY FEDERAL RESERVE DISTRICTS Week end e d Number J an. 27, Jan. 19, Jan. 26, of centers 1938 1937 included 1938 509,994 444,248 400,299 17 4,484,148 3,800,821 15 3,317,153 427,854 413,816 18 379,657 495,722 546,257 470,752 25 299,354 24 258,262 274,531 211,786 231,105 26 228,318 1,213,774 1 ,002,116 4l 1,108,575 207,292 242,292 16 220,872 137,746 145,553 130,242 17 258,728 301,032 28 240,205 199,432 185,187 18 209,613 670,697 669,283 594,812 29 9,186,381 8,292,846 274 . 7,452,301 TOTAL DEBITS BY BANKS IN EAGH REPORTING CENTER (In thousands of dollars)________ _ Week ended Week ended Jan. 26, 1938 Jan. 26, 193Q DISTRICT NO. 1 - BOSTON DISTRICT NO. 2 - NEW YORK Cont1d) Bangor, Maine 3,306 Northern New Jersey 33,619 Clearing House Assn. Boston, Mass. 259,912 4-,981 Passaic, N. J. Brockton, Mass. 3,308 3,212 Poughkeepsie, N. Y. Burlington, Vt. 1,894 24,767 Rochester, N. Y. Fall River, Mass. 3,199 4,049 Stamford, Conn. Hartford, Conn. 33,334 15,687 Syracuse, N. Y. Holyoke, Mass. 2,370 6,543 Utica, N. Y, Lowell, Mass. 2,865 Lynn, Mass. 3,977 DISTRICT NO. 3 - PHILADELPHIA Manchester, N. H, 2,669 Allentown, Pa. ' 4,431 New Bedford, Mass. 3,338 Altoona, Pa. 2„066 New Haven, Conn. 16,217 Camden, N. J. 8,655 Portland, Maine 7,267 Chester, Pa. 2,6.18 Providence, R. I. 27,089 Harrisburg, Pa. 7,636 Springfield, Mass. 13,406 Hazleton, Pa. 2,476 Waterbury, Conn. 5,560 Johnstown, Pa. 3,032 Worcester, Mass. 10,588 Lancaster, Pa. 4,552 Lebanon, Pa. 1,320 DISTRICT NO. 2 - NEW YORK Norristown, Pa. 2,048 Albany, N. Y. 42,156 Philadelphia, Pa. 282,414 Binghamton, N. Y. 4,427 Readimg, ?&’» 5,900 Buffalo, N. Y. 52,459 Scranton, Pa. 9,436 Elmira, N. Y. 2,653 Trenton, N. j. 13,084 Jamestown, N. y. 2,417 Wilkes-Barre, Pa. 4,598 Montclair, N. J. 3,381 Williamsport, Pa. 2,015 Newark, N. J. 63,424 Wilmington, Del. 19,241 New York, N. Y. 3,053,378 York, Pa. 4,135 Federal Reserve District No. 1 - Boston 2 - New York 3 - Philadelphia 4 - Cleveland 5 - Richmond 6 - Atlanta 7 - Chicago 8 - St. Louis 9 - Minneapolis 10 - Kansas City 11 — Dallas 12 - San Francisco Form FR-285-a DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars)_________ Week ended Week ended Jan. 26, 1938 Jan. 26, 1938 DISTRICT NO. 4 - CLEVELAND DISTRICT NO. 6 - ATLANTA (Cont»d) Akron, Ohio Elberton, Ga. 252 12,295 Butler, Pa. Hattiesburg, Miss. 1,077 1,754 Canton, Ohio Jackson, Miss, 6,696 6,275 Cincinnati, Ohio Jacksonville, Fla. 20,947 63,771 Cleveland, Ohio Knoxville, Tenn* 6,686 108,262 Columbus, Ohio Macon, Ga, 2,831 36,435 Dayton, Ohio Meridian, Miss. 2,205 13,239 Erie, Pa. Miami, Fla, 11,412 6,287 Franklin, Pa. 666 Mobile, Ala, 8,812 4,560 Greensburg, Pa. Montgomery, Ala. 1,651 11,474 2,578 Nashville, Tenn. Hamilton, Ohio 616 322 Homestead, Pa. Newnan, Ga, 45,100 Lexington, Ky. New Orleans, La, 12,345 1,894 2,858 Pensacola, Fla. Lima, Ohio 7,215 Lorain, Ohio 937 Savannah, Ga. 8,021 1,855 Middletown, Ohio Tampa, Fla. 848 2,343 Valdosta, Ga. Oil City, Pa. 151,992 1,809 Vicksburg, M ss. Pittsburgh, Pa. 3,470 Springfield, Ohio 1,548 DISTRICT NO. 7 - CHICAGO Steubenville, Ohio 647 Adrian, Mich. 23,283 Toledo, Ohio 2,271 Aurora, 111, 1,759 Warren, Ohio Battle Creek, Mich. 2,423 Wheeling, W. Va. 4,895 2,236 Bay City, Mich. Youngstown, Ohio 8,052 Bloomington, 111, 1,586 2,385 Zanesville, Ohio 4,446 Cedar Rapids, Iowa Champaign-Urbana, 111,. 2,402 DISTRICT NO. 5 - RICHMOND Chicago, 111, 566,571 Asheville, N. C. 2,996 Clinton, Iowa Baltimore, Md. 67,066 1,129 Danville, 111, Charleston, S. C. 2,195 4,030 3,801 Davenport, Iowa Charleston, W. Va. 10,459 12,216 3,417 Decatur, 111. Charlotte, N. C. 17,455 Des Moines, Iowa 5,390 Columbia, S. C. Detroit, Mich. 1,248 199,103 Cumberland, Md, 1,686 Dubuque, Iowa Danville, Va, 2,425 1,534 Durham, N. C. 6,561 Elgin, 111. 5,184 Flint, Mich. 4,180 Greensboro, N. C. Fort Wayne, Ind. Greenville, S. C ., 3,967 6,215 Gary, Ind. Hagerstown, Md. 3,151 1,449 9,734 Grand Rapids, Mch. Huntington, W. Va. 3,371 2,591 Green Bay, U s , Lynchburg, Va. 3,655 1,361 Hammond, Ind, 1,991 Newport News, Va. 39,942 12,044 Indianapolis, Ind, Norfolk, Va. 3,067 Jackson, Mch. Portsmouth, Va. 935 4,061 6,691 Kalamazoo, Mch. Raleigh, N. C. 3,898 Lansing, Mch. Richmond, Va. 42}112 1,287 Manitowoc, Wis, 5,003 Roanoke, Va, 2,036 2,053 Mason Gity, Iowa Spartanburg, S. C. 50,248 ■#,200 : Milwaukee, Wis, IfaaWjftg% m 9 8. 0. 1,479 2,353 Moline, 111, aiming ton, S. 0. 8,884 539 Muscatine, Iowa Winston-Salem, N. G. 1,669 Oshkosh, WLs. 11,447 DISTRICT NO. 6 - ATLANTA Peoria, 111, 4,797 1,154 Rockford, 111. Albany, Ga, 4,136 48,134 Saginaw, Mch. Atlanta, Ga. 2,649 3,443 Sheboygan, Wis, Augusta, Ga. 8,906 20,950 Sioux City, Iowa Birmingham, Ala. 7,002 South Bend, Ind, 683 Brunswick, Ga, 8,118 5,037 Springfield, 111, Chattanooga, Tenn. 2,846 Terre Haute, Ind, 4,347 Columbus, Ga. Waterloo, Iowa Dothan, Ala. 3,615 829 Form FR-285-b DEBITS BY BANKS IN EACH REPORTINQ CENTER (In thousands of dollars)_________ Week ended Week ended Jan. 26, 1938 Jan. 26, 1938 DISTRICT XOXrvJ.wX NO. 1MU• 10 - KANSAS CITY (Cont’d) DISTRICT NO. 8 - ST, LOUIS 32,277 Omaha, Neb. East St. Louis & Nat’l 994 6,700 Pittsburg, Kans. Stock Yards, 111. 2,490 1,264 Pueblo, Colo. Eldorado, Ark* 5,841 St. Joseph, Mo. 4,939 Evansville, Ind. 2 , 9a Topeka, Kans. 2,669 Fort Smith, Ark. 28,036 Tulsa, Okla. 1,431 Greenville, M ss. 9,712 382 Wichita, Kans. Helena, Ark. 6,632 Little Rock, Ark. 40,496 DISTRICT NO. 11 - DALLAS Louisville, Ky. Abilene, Tex. 1>975 31,367 Memphis, Tenn. ' Austin, Tex. 7,358 1,544 Owensboro, Ky, Beaumont, Tex. 6,183 1,4-29 Pine Bluff, Ark. 1,546 Gorsicana, Tex. 799 Quincy, 111. Dallas, Tex, 59,496 116,000 St. Louis, Mo. El Paso, Tex. 7,058 360 Sedalia, Mo. Fort Worth, Tex* 20,129 3,585 Springfield, Mo. Galveston, Tex. 6,398 528 Texarkana,Ark.(See also Tex.) Houston, Tex, 54,486 Port Arthur, Tex. 2,870 DISTRICT NO. 9 ~ MINNEAPOLIS Roswell, N. M. 692 848 Aberdeen, S. D, San Antonio, Tex, 16,167 1,648 Billings, Mont. Shreveport, La. 11,131 173 Dickinson, N. D. Texarkana, Tex, 8,507 Duluth, Minn. (See also Ark.) 1,003 3,469 Fargo, N. D. Tucson, Ariz, 2,861 776 Grand Forks, N. D. Tyler, Tex, 3,175 2,297 Helena, Mont. Waco, Tex* 3,059 257 Jamestown, N. D. Wichita Falls, Tex. 4,773 1,651 La Crosse, Wis. 67,472 Minneapolis, Minn. FRANCISCO 621 Minot, N. D. 4,289 358 Red Wing, Minn* Bellingham, Wash, 1,555 31,241 St. Paul, Minn* 4,381 Berkeley, Calif. 3,660 Sioux Falls, S. D. Boise, Idaho 3.553 5,273 South St. Paul, Minn, Eugene, Ore, 1,323 893 Superior, Wis, 1,098 Everett, Wash. 1.553 Winona, Minn, 7,262 Fresnoy Calif. 7,870 Long Beach, Calif* DISTRICT NO, 10 - KANSAS CITY 187,387 Los Angeles, Calif< 2,796 Albuquerque, N. M. 19,892 581 Atchison, Kans. 2,649 6,042 Bartlesville, Okla, 5,484 1,162 Casper, Wyo. 9,781 1,579 Cheyenne, Wyo. 31,280 r oiMjxanu y \jxt;• 4,207 Colorado Springs, Colo* 2,205 31,954 Reno, Nev. Denver, Colo* 25,753 2,210 Sacramento, Calif* Enid, Okla. 3,164 468 Salem, Ore. Fremont, Neb, 13,176 Salt Lake City, Utah 719 Grand Junction, Colo* 2,667 356 San Bernardino, Calif* Guthrie, Okla, 9,652 2,494 San Diego, Calif* Hutchinson, Kane* 181,401 672 San Francisco, Calif* Independence, Kans. 5,139 1,943 San Jose, Calif* Joplin, Mo. 2,394 3,730 Santa Barbara, Calif* Kansas Oity, Kans* 38,919 65,261 Seattle, Wash. Kansas City, Mo. 8,184 Spokane, Wash. 655 Lawrence, Kans* 4,081 5,341 Stockton, Calif* Lincoln, Neb. 6,533 Tacoma, Wash. 1,993 Muskogee, Okla* 979 23,146 Walla Walla, Wash. Oklahoma City, Okla. 2,306 Yakima, Wash. 565 Okmulgee, Okla* Note* Revised figures for week ended January 19, 1938* Tacoma, Wash., 7,397*