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Form Fft-285 STATEMENT FOR THE PRESS For immediate release BANK DEBITS Board of Governors of the Federal Reserve System January 8, 1938. Debits to individual accounts,as reported by banks in leading cities for the week ended January 5, aggregated $10,019,000,000, or 18 percent above the total re ported for the preceding week and 4 percent below the total for the corresponding week of last year. Each of the three weeks included only five business days. Aggregate debits for th© l4l cities for which a separate total has been main tained since January 1919 amounted to $9,259,000,000, compared with $7,884,000,000 the preceding week and $9,695,000,000 the week ended January 6 of last year. SUMMARY BY FEDERAL RESERVE DISTRICTS Federal Reserve District No* 1 2 3 4 5 - Boston - New York - Philadelphia - Cleveland - Richmond 6 - Atlanta 7 - Chicago ■ - St. Louis 8 9 - Minneapolis 10 - Kansas City 11 - Dallas 12 - San Francisco TOTAL Number of centers included 17 15 Jan. 5, 1938 17 28 18 29 542,311 4,475,996 528,756 651,436 331,630 305,700 1,392,111 276,044 167,018 320,496 270,802 756,219 273 10,018,519 18 25 23 26 4l 16 Week end e d Jan. 6 , Dec. 29, 1937 1937 461,746 581,670 4,721,647 3,896,629 495,567 409,167 714,086 625,165 374,530 267,621 306,405 227,863 1,163,326 1,443,633 293,450 222,989 166,486 150,835 326,443 270,015 261,190 188,111 793*7 a 639,562 8,523,029 10,478,888 DEBITS BY BANKS IN EACH REPORTING CENTER 'In thousands of dollars) Week ended Week ended Jan. 5, 1938 Jan. 5, 1938 DISTRICT NO. 2 - NEW Y R - (Cont*d) OK DISTRICT NO. 1 - BOSTON Northern New Jersey 3,514 Bangor, Maine Clearing House Assn. 57,965 343,962 Boston, Mass. 7,4o4 Passaic, N. J. Brockton, Mass. 4,002 Poughkeepsie, N. Y* 3,439 Burlington, Vt. 2,623 Rochester, N. Y. 35,833 4,332 Fall River, Mass. Stamford, Conn. 4,987 56,502 Hartford, Conn. Syracuse, N. Y. 2,798 Holyoke, Mass. 21,593 Utica, N. Y. 9,667 Lowell, Mass. 3,513 Lynn, Mass. 5,219 DISTRICT NO. 3 “ PHILADELPHIA 3,881 Manchester, N. H. Allentown, Pa. 6,852 3,934 New Bedford, Mass. Altoona, Pa. 2,625 New Haven, Conn. 18,977 Camden, N. J. 9,902 9,906 Portland, Maine 2,864 Chester, Pa. 40,378 ' Providence, R. I . Harrisburg, Pa. 7,921 17,417 Springfield, Mass. 3,067 7,521 Hazleton, Pa* Waterbury, Conn. Johnstown, Pa. 3,854 13,832 Worcester, Mass. Lancaster, Pa. 5,439 Lebanon, Pa. 1,392 DISTRICT NO. 2 - NEW YORK Norristown, Pa. Albany, N. Y. 2,435 36,037 Philadelphia, Pa. 372,660 Binghamton, N. Y. 5,5 62 Reading, Pcu 68,756 9,085 Buffalo, N. Y. Scranton, Pa. 13,519 3,740 Elmira, N. Y. Trenton, N. J . 21,373 Jamestown, N. Y. 3,327 Wilkes-Barre, Pa. 6,921 Montclair, N. J. . 4,271 Williamsport, Pa* 2,367 ' 82,560 Newark, N. J, Wilmington, Del. 50,922 New York, N. Y. 4,130,855 York, Pa. 5,508 28 3 3 3 Form FR-285-a DEBITS BX BANKS IN EACH REPORTING CENTER fin thousands of dollars) Week ended Week ended Jan. 5, 1938 Jan. 5, 1938 DISTRICT NO. 6 - ATLANTA (Cont*d) . DISTRICT NO. 4 - CLEVELAND 318 Elberton, Ga, 17,451 Akron, Ohio 1,218 Hattiesburg, Miss. 3,149 Butler, Pa, 7,223 Jackson, Miss. 9,565 Canton, Ohio 25,586 Jacksonville, Fla* 86,566 Cincinnati, Ohio 9,61-4 Knoxville,Tenn. 150,956 Cleveland, Ohio 3,880 Macon, Ga. 46,383 Columbus, Ohio 2,243 Meridian, Miss* 20,285 Dayton, Ohio 9,792 Miami, Fla. 8,150 Erie, Pa. 11,383 Mobile, Ala* 846 Franklin, Pa. 5,807 Montgomery, Ala. 1,923 Greensburg, Pa. 21,881 Nashville, Tenn. 2,534 Hamilton, Ohio 627 Newnan, Ga. 866 Homestead, Pa. 68,379 New Orleans, La. 7,808 Lexington, Ky. 2,738 Pensacola,Fla, 4,381 Lima, Ohio 8,780 Savannah, Ga. 1,213 Lorain, Ohio 8,089 Tampa, Fla. 2,176 Middletown, Ohio 983 Valdosta, Ga. 2,872 Oil City, Pa. 1,637 Vicksburg, Miss. 215,654 Pittsburgh, Pa. 5,068 Springfield, Ohio DISTRICT NO. 7 - CHICAGO 2,155 Steubenville, Ohio 1,063 Adrian, Mich. 34,690 Toledo, Ohio 2,752 Aurora, 111. 1,963 Warren, Ohio 3,220 Battle Creek, Mich. 10,322 Wheeling, W. Va. 2,550 Bay City, Mich. 12,383 Youngstown, Ohio 3,130 Bloomington, 111. 2,077 Zanesville, Ohio '7,104 Cedar Rapids, Iowa 2,754 Champaign-Urbana, 111* DISTRICT NO. 5 - RICHMOND 830,273 Chicago, 111* 2,939 Asheville, N. C. 1,524 Clinton, Iowa 92,363 Baltimore, Md. 2,229 Danville, 111* 4,679 Charleston, S, C«. 5,925 Davenport, Iowa 18,205 Charleston, W. Va. 3,973 13,696 Decatur, 111* Charlotte, N. C, 25,831 Des Moines, Iowa 9,639 Columl?ia,S. C. 246,320 Detroit, Mich. 1,933 Cumberland, Md. 2,240 Dubuque, Iowa 1,917 Danville, Va. 1,772 Elgin, 111* 6,577 Durham, N. C. 7.221 Flint, Mich. 4,635 Greensboro, N. C, 9.221 Fort Wayne, Ind* 5,051 Greenville, S. C. 2.961 Gary, Ind. Hagerstown, Md. 12,845 Grand Rapids, Mich. 4,722 Huntington, W. Va. 3,173 Green Bay, Wis* 3,527 Lynchburg,Va. 1,862 Hammond, Ind. 2,550 Newport News, Va. 50,669 Indianapolis, Ind. 14,178 Norfolk, Va. 4,018 Jackson, Mich. 1,256 Portsmouth, Va. 5,377 Kalamazoo, Mich. 12,150 Raleigh, N. C. 6,176 Lansing, Kich. 43,471 Richmond, Va. 1,604 Manitowoc, Wis* 8,431 Roanoke, Va. 2,448 2,904 Mason City, Iowa Spartanburg, S. C. 70,384 Milwaukee, Wis* 63,000 Washington, D. C. 2,202 Moline, 111. 3,089 Wilmington, N. C. 823 Muscatine, Iowa 10,718 Winston-Salem, N. C. 2,355 Oshkosh, Wis. 13,950 Peoria, 111. DISTRICT NO. 6 - ATLANTA 5.961 Rockford, 111* 1,746 Albany, Ga. 5,557 Saginaw, Mich, 59,501 Atlanta, Ga. 4,226 Sheboygan, Wis. 4,456 Augusta, Ga. 9,387 Sioux City, Iowa 32,243 Birmingham, Ala* 9,827 South Bend, Ind. 738 Brunswick, Ga. 8,071 Springfield, 111. 11,839 Chattanooga, Tenn. 5,427 Terre Haute, Ind. 4,093 Columbus, Ga. 3,706 906 Waterloo, Iowa Dothan, Ala, Form Fr-285'»b DEBITS BY BANKS IN EACH REPORTING CENTER fin thousands of dollars).________ Week ended Week ended Jan. 5, 1938 Jan. 5, 1938 DISTRICT NO, 10 - KANSAS CITY (Cont»d) DISTRICT NO. 8 1 ST.LOUIS 34,182 Omaha, Neb, East St. Lo^is & Nat’l. 1,166 Pittsburg, Kans, Stock Yards, 111. 6 >909 5,102 Pueblo, Colo, Eldorado, Ark, 1,341 7,227 St. Joseph, Mo, Evansville, Ind, 9,520 5,318 Topeka, Kans, Fort Smith, Ark, 3,239 44,295 Tulsa, Okla, Greenville, Miss. 1,267 11,564 Wichita, Kans. Helena, Ark. 527 Little Rock, Ark. 9,519 DISTRICT NO. 11 - DALLAS Louisville, Ky. 48,533 2,893 Abilene, Tex, Memphis, Term. 6,721 Austin, Tex, Owensboro, Ky, 1,596 6,233 Beaumont, Tex. Pine Bluff, Ark. 2,748 1,312 Corsicana, Tex. Quincy, 111, 1,879 76,379 Dallas, Tex, St. Louis, Mo, 151,500 7,361 El Paso, Tex, Sedalia, Mo, 47,922 Fort Worth, Tex, Springfield, Mo, ava 7,702 Galveston, Tex, Texarkana, Ark.(See also Tex.) S13 62,163 Houston, Tex, 2,206 Port Arthur, Tex, DISTRICT NO. 9 - MINNEAPOLIS 853 Roswell, N. M, 1,162 Aberdeen, S. D. 19,123 San Antonio, Tex, 2,266 Billings, Mont, 12,340 Shreveport, La, 266 Dickinson, N. D, Texarkana, Tex, 10,996 Duluth, Minn. 2,049 (See also Ark,) 3,935 Fargo, N. D. 2,783 Tucson, Ariz, 1,082 Grand Forks, N. D. 3,504 Tyler, Tex, 3,376 Helena, Mont, 4,854 Waco, Tex, 339 Jamestown, N. D, 4,4o4 Wichita Falls, Tex, 2,105 La Crosse, Wis, 82,979 Minneapolis, Minn, DISTRICT NO. 12 - SAN FRANCISCO 861 Minot, N. D, 5,914 Bakersfield, Calif. 546 Red Wing, Minni. 2,018 Bellingham, Wash. 45,461 St. Paul, Minn, 5,500 Berkeley, Calif. 4,194 Sioux Falls, S. D, 4,620 Boise, Idaho 4,502 South St. Paul, Minn, Eugene, Ore, 1,605 1,077 Superior, Wis. I,74S Everett, Wash. 1,871 Winona, Minn. 9,114 Fresno, Calif, 8,412 Long Beach, Calif, DISTRICT NO. 10 - KANSAS CITY 231,691 Los Angeles, Calif, 3,275 Albuquerque, N. M, 30,129 Oakland, Calif, 700 Atchison, Kans, 3,774 Ogden, Utah 6,696 Bartlesville, Okla, 7,754 Pasadena, Calif, 2,053 Casper, Wyo, 11,607 Phoenix, Ariz, 2,125 Cheyenne, Wyo. 38,923 Portland, Ore. 3,820 Colorado Springs, Colo, 2,811 Reno, Nev, 37,814 Denver, Colo, 27,779 Sacramento, Calif, 3,098 Enid, Okla, 3,191 Salem, Ore, 750 Fremont, Neb. 18,014 Salt Lake City, Utah 840 Grand Junction, Colo, 3 ,7 a 478 San Bernardino, Calif, Guthrie, Okla, 13,561 San Diego, Calif. 2,547 Hutchinson, Kans, 235,633 San Francisco, Calif. 550 Independence, Kans, 7,318 San Jose,Calif, 2,712 Joplin, Mo. 4,597 Santa Barbara, Calif, 3,701 Kansas City, Kans, 47,592 Seattle, Wash. 96,919 Kansas City, Mo, II,088 Spokane, Wash. 1,210 Lawrence, Kans, 5,422 Stockton, Calif, 7,263 Lincoln, Neb, 8,349 2,564; Tacoma, Wash. Muskogee, Okla, 1,394 Walla Walla, Wash. 31,795 Oklahoma.City,. Okla, 2,940 Yakima, Wash. 732 Okmulgee, Okla,