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Form FR-285 STATEMENT FOR THE PRESS For immediate release BANK DEBITS Board of Governors of the Federal Reserve System January 9, 1939 Debits to individual accounts, as reported by banks in leading cities for the week ended January 4,^aggregated 110,509,000,000, or 33 percent above the total re ported for the preceding week and 5 percent above the total for the corresponding week of last year* Each of the three weeks included only five business days. Aggregate debits for the l4l cities for which a separate total has been main tained since January 1919 amounted to $9,773,000,000, compared with 07,316,000,000 the preceding week and 09,262,000,000 the week ended January 5 of last year. SUMMARY BY FEDERAL RESERVE DISTRICTS Federal Number Reserve of centers District included No# 1 — Boston 17 2 — New York 15 3 — Philadelphia 18 4 - Cleveland 25 5 — Richmond 24 6 — Atlanta 26 7 — Chicago 4i 8 — St, Louis 16 9 — Minneapolis 17 10 - Kansas City 28 11 — Dallas 18 12 — San Francisco 29 TOTAL 274 W eek e nd ed Dec, 28, Jan, 5, 1938 1938 428,680 542,311 4,475,996 3,659,469 401,724 528,756 651,436 515,653 262,561 333,810 295,001 237,201 307,230 1,392,111 1,514,169 1,062,279 261,4l4 206,618 276,044 126,874 167,621 167,018 249,938 320,496 315,133 266,826 193,596 273,348 578,441 700,943 756,219 10,509,295 7,923,034 10,024,775 DEBITS BY BANKS IN EACH REPORTING CENTER (in thousands of dollars)_______ Week ended Week ended Jan, 4, 1939 Jan, 4, 1939 DISTRICT NO. 1 - BOSTON DISTRICT NO. 2 - NEW YORK (Cont*d) Bangor, Me. Northern New Jersey 3,314 Boston, Mass. Cleaning House Ass*n 355,425 52,738 Brockton, Mass, Passaic, N. J, 4,108 7,145 Burlington, Vt. Poughkeepsie, N. Y, 2,569 3,340 Fall River, Mass. Rochester, N. Y. 4,687 32,544 Hartford, Conn. Stamford, Conn. 50,196 5,025 Holyoke, Mass, Syracuse, N. Y. 2,445 21,064 Lowell, Mass, Utica, N. Y. 3,251 12,572 Lynn, Mass. 4,838 Manchester, N. H.' DISTRICT NO. 3 - PHILADELPHIA 4,756 New Bedford, Mass, Allentown, Pa. 4,213 6,120 New Haven, Conn, Altoona, Pa, 19,745 2,795 Portland, Maine Camden, N. J. 8,852 10,751 Providence, R. I, Chester, Pa. 42,173 3,568 Springfield, Maes. Harrisburg, Pa. 15,891 10,855 Waterbury, Conn, Hazleton, Pa. ' 7,200 3,665 Worcester, Mass. Johnstown, Pa. 13,690 3,324 Lancaster, Pa, 6,076 DISTRICT NO. 2 - NEW YORK Lebanon, Pa. 1,702 Albany, N. Y. Norristown, Pa. 57,931 2,308 Binghamton, N. Y. 5,24l Philadelphia, Pa, 384,417 Buffalo, N. Y. Reading, Pa, 60,742 10,344 Elmira, N, Y, Scranton, Pa, 3,283 12,621 Jamestown, N. Y, Trenton, N. J. 2,542 20,751 Montclair, N. J# Wilkes-Barre, Pa. 4,000 7,688 Newark, N. j# Williamsport, Pa, 82,629 2,255 New York, N. Y. 4,619,781 Wilmington,Del. 4o,lll York, Pa, 4,971 Jan. 4, 1939 , 547,353 4,970,577 534,322 605,897 330,039 Form Ffr-285~a DEBITS BY BANKS IN EACH REPORTING CENTER (in thousands of dollars)_____ Week ended Week ended Jan. 4, 1939 DISTRICT NO. 4 - CLEVELAND DISTRICT NO. 6 - ATLANTA (Cont*d) Akron, Ohio 16,821 Elberton, Ga* 271 Butler, Pa. 2,381 Hattiesburg, Miss# 1,006 Canton, Ohio 7,811 Jackson, Miss. 7,361 Cincinnati, Ohio 76,371 Jacksonville, Fla* 19,686 Cleveland, Ohio 192,068 Knoxville, Tenn* 10,833 Columbus, Ohio 37$035 Macon, Ga. 3,620 Dayton, Ohio 16,350 Meridian, Miss. 2,516 Erie, Pa. 6,370 Miami, Fla* 11,598 Franklin, Pa. 605 Mobile, Ala. 11,306 Greensburg, Pa. 1,733 Montgomery, Ala. 6,386 Hamilton, Ohio 2 3A1 Nashville, Tenn* 29,028 Homestead, Pa. 652 Newnan, Ga. 564 Lexington, Ky. 8,525 New Orleans, La* 62,469 Lima, Ohio 3 933 Pensacola, Fla* 2,118 Lorain, Ohio lll60 Savannah, Ga. 8,668 Middletown, Ohio 2 234 Tampa, Fla. 6,856 Oil City, Pa. 2^218 Valdosta,Ga. 862 Pittsburgh, Pa. 165,913 Vicksburg, Miss, 1,521 Springfield, Ohio 4,468 Steubenville, Ohio 1,937 DISTRICT NO. 7 - CHICAGO Toledo, Ohio 32,426 Adrian, Mich. 1,102 Warren, Ohio 1,813 Aurora, 111, 2,281 Wheeling, W. Va. 8,672 Battle Creek, Mich* 2,834 Youngstown, Ohio 10,003 Bay City, Mich. 2,674 Zanesville, Ohio 2,057 Bloomington, 111, 2,515 Cedar Rapids, Iowa 7,269 DISTRICT NO. 5 - RICHMOND Champaign-Urbana, 111, 2,865 Asheville, N. C. 3,34l Chicago, 111* 936,735 Baltimore, Md. 89,805 Clinton, Iowa 1,400. Charleston, S. C. 4,34l Danville, 111, 2 ,166' Charleston, W. Va. 14,629 Davenport, Iowa 6,704 Charlotte, N, C. 13,544 Decatur, 111. 4,409 Columbia,S. C. 7,215 Des Moines, Iowa 37,018 Cumberland, Md. 1,739 Detroit, Mich, 262,546 Danville, Va. 2,361 Dubuque, Iowa 2,964 Durham, N. C, 5,4l3 Elgin, 111, 1,719 Greensboro, N, C. 4,375 Flint, Mich, 5,971 Greenville, S, C. 5,587 Fort Wayne, Ind, 8,456 Hagerstown, Md. 2,072 Gary, Ind. 3,839 Huntington, W. Va. 4,806 Grand Rapids, Mich. 14,053 Lynchburg, Va. 3,889 Green Bay, Wis. 3,184 Newport News, Va. 2,001 Hammond, Ind. 2,154 Norfolk, Va. 13,634 Indianapolis, Ind* 50,713 Portsmouth, Va. 1,187 Jackson, Mich. 3,5*4 Raleigh,N. C. 15,104 Kalamazoo, Mich. 5,582 Richmond,Va, 42,964 Lansing, Mich, 5,613 Roanoke, Va. 7,!223 Manitowoc ,Wia, 1,430 Spartanburg, S. C. 2,758 Mason City, Iowa 2,713 Washington, D. C. 67,452 Milwaukee, Wis* 63,028 Wilmington, N. C. 2,799 Moline, 111, 1,967 Winston-Salem, N. C. 11,800 Muscatine, Iowa 1,118 Osfofeosh, Wis. 2,368 DISTRICT NO. 6 - ATLANTA Peoria, 111, 12,710 Albany, Ga. 1,447 Rockford, 111* 5,386 Atlanta, Ga. 58,028 Saginaw, Mich, 4,415 Augusta, Ga. 4,574 Sheboygan, Wis* 3,942 Birmingham, Ala. 24,428 Sioux City, Iowa 9,246 Brunswick, Ga* 735 South Bend, Ind. 9,195 Chattanooga, Tenn, 13,754 Springfield, 111* 6,195 Columbus, Ga* 4,668 Terre Haute, Ind* 6,192 Dothan, Ala* 698 Waterloo, Iowa 3,944 Fora FRr-285-b DEBITS BY BANKS IN EACH REPOKTINQ CENTER (In thousands of dollars)_____ _ Week ended Week ended Jan, 4, 1939 Jan, 4, 1939 DISTRICT NO. 8 - ST. LOUIS DiBIiUW WJ, XU - IUUMD4U3 UXXi Omaha, Neb, East St. Louis & Nat»l Pittsburg, Kans, Stock Yards, 111, 7,511 Pueblo, Colo, Eldorado, Ark. 1,313 St. Joseph, Mo, Evansville, Ind. 8,166 Fort Smith, Ark. 3>505 Topeka, Kans, Tulsa, Okla, Greenville, Miss. 1,0-45 Helena, Ark. 4-21 Wichita, Kans. Little Rock, Ark, 9,073 DISTRICT NO. 11 - DALLAS Louisville, % . 4-5,764 Abilene, Tex, Memphis, Tenn, 3-4,258 2,305 4,714 Austin, Tex. Owensboro, Ky, 1,605 Beaumont, Tex. Pine Bluff, Ark. 2,056 4,905 Corsicana, Tex, Quincy, 111, 1,860 1,3^1 79,204 Dallas, Tex, St. Louis, Mo, 1-40,300 8,554 El Paso, Tex. Sedalia, Mo, 502 Fort Worth, Tex. Springfield, Mo, 3,252 36,173 Galveston,Tex, Texarkana,Ark.(See also Tex.) 783 7,890 Houston, Tex, 72,783 Port Arthur,Tex, DISTRICT NO. 9 — MINNEAPOLIS 2,011 Roswell, N. M. 1,234 Aberdeen, S. D, 1,063 San Antonio,Tex. Billings, Mont, 2,308 17,918 Shreveport, La, Dickinson, N, D, 177 12,417 Texarkana, Tex, Duluth, Minn, 9,782 (See also Ark.) Fargo, N. D, 3,462 1,435 Tucson, Ariz, Grand Forks, N.D. 1,069 2,631 Tyler, Tex, Helena, Mont, 2,553 2,897 Waco, Tex, Jamestoim, N. D, 283 4,704 Wichita Falls, Tex, La Crosse,Wis, 1,999 3,710 Minneapolis, Minn. 93,784 DISTRICT NO. 12 - SAN FRANCISCO Minot, N. D. 648 Bakersfield,Calif, Red Wing, Minn, 430 4,158 Bellingham, Wash, St, Paul, Minn, 37,74-7 1,449 Berkeley, Calif, Sioux Falls, S.D, -4,823 4,290 Boise, Idaho South St, Paul, Minn, 4-,873 4,323 Eugene, Ore, Superior, Wis, 987 1,916 Everett, Wash. Winona, Minn, 1,633 1,798 Fresno, Calif, 9,492 __^ Beach, Calif, DISTRICT NO, 10 - KANSAS CITY 8,999 Los Angeles, Calif, Albuquerque, N, M, 3,525 211,050 Oakland, Calif, Atchison, Kans. 702 28,93$ Of?den. Utah Ogden, Bartlesville, Okla, 8,594 4,795 Pasadena, Calif, Casper, Wyo, 2,618 7,345 13,541 Phoenix, Ariz, Cheyenne, Wyo, 2,66l Portland, Ore, Colorado Springs, Colo, 3,472 38,045 Reno, Nev, Denver, Colo, 38,287 2,853 Sacramento, Calif, 14,710 Enid, Okla, 2,609 Fremont, Neb, 642 Salem, Ore, 3,975 Salt Lake City, Utah Grand Junction, Colo, 934 16,231 San lemardino, Calif, Guthrie, Okla, 317 2,909 San ftlsgo, Calif, Hutchinson, Kans, 2,249 11,767 San Francisco, Calif, Independence, Kans, 767 226,109 San Jose, Calif, Joplin,Mo# 2,520 6,445 Santa Barbara, Calif, Kansas City, Kans. 3,380 3,296 Seattle, Wash. Kansas City, Mo, 86,459 44,882 Spokane,Wash. Lawrence, Kans, 94.1 11,234 Stockton, Calif, Lincoln, Neb, 6,307 4,693 Tacoma,Wash. Muskogee, Okla. 2,301 7,155 Walla Walla, Wash, Oklahoma City, Okla, 30,310 1,246 Yakima, Wash, Okmulgee, Okla, 974 3,302 7
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