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STATEMENT FOR THE PRESS

Form Eft-285
For immediate release

BANK DEBITS

Board of Governors
of the Federal Reserve System
June 20, 1938

Debits to individual accounts, as reported by banks in leading cities for the
week ended June 15, aggregated $8,629,000,000, or 2 percent above the total reported
for the preceding week and 11 percent below the total for the corresponding week
of last year.
Aggregate debits for the l4l cities for which a separate total has been main­
tained since January 1919 amounted to #8,010,000,000, compared with $7,835,000,000
the preceding week and $8,872,000,000 the week ended June 16 of last year.

SUMMARY BY FEDERAL RESERVE DISTRICTS
L C U O J ---

Federal
Number
Reserve
of centers
District
included
1 - Boston
17
2 - New York
15
3 - Philadelphia
18
4 — Cleveland
25
24
5 ~ Richmond
26
6 - Atlanta
4i
7 - Chicago
16
8 — St, Louis
17
9 - Minneapolis
28
10 - Kansas City
18
11 - Dallas
29
12 - San Francisco
TOTAL

274

June 15,
1938
433,187
4,325,444
413,684
449,135
277,307
207,814
1 , 100,230
209,348
139,155
266,149
193,137
613,976
8,628,566

.

: _

e n d e d
W e e k
June 8,
1938
420,645
4,192,254
445,936
469,096
263,870
194,402
1,124,154
225,906
146,416

233,226

175,686
562,130

DISTRICT NO, 2 - NEW YORK
Albany, N. Y.
Binghamton, N, Y.
Buffalo, H. Y.
Elmira, N, Y,
Jamestown, N. Y.
Montclair, N. J,
Newark, N. J.
New York, N. Y.



3,583
281,869
3,260
2,266
3,668
39,786
2,285
3,264
3,705
3,053
3,244
14,686 .
8,184
29,669
13,475
6,394
10,796
46,796
4,600
46,116
3,765
2,673
4,121
65,534
4,052,550

163,063
314,549

215,631
732,516

8,453,721________9,642.770

DEBITS BY BANKS IN EACH REPORTING CENTER
(in thousandLs of dollars)
Week ended
June 15, 1938
DISTRICT NO, 1 - BOSTON
Bangor, Maine
Boston, Mass,
Brockton, Mass,
Burlington, Vt,
Fall River, Mass,
Hartford, Conn,
Holyoke, Mass,
Lowell, Mass,
Lynn, Mass.
Manchester, N. H.
New Bedford, Mass.
New Haven, Conn.
Portland , Maine
Providence, R. I .
Springfield, Mass*
Waterbury, Conn.
Worcester, Mass,

June 16 ,
1937
545,702
4,392,805
443,087
642,262
317,948
232,196
1,376,130
266,881

Week ended
June 15, 1938

DISTRICT NO. 2 - NEW YORK (Cont’d)
Northern New Jersey
36,145
Clearing House Ass*n
5,030
Passaic, N. J.
2,898
Poughkeepsie, N, Y*
26,180
Rochester, II, Y.
5,027
Stamford, Conn*
Syracuse, N. Y*
16,859
7,150
Utica, N. Y.
DISTRICT NO, 3 - PHILADELPHIA
4,245.
Allentown, Pa*
Altoona, Pa,
1,805
Camden, N. J*
8,155
Chester, Pa*
2,153
8,558
Harrisburg, Pa*
2,036
Hazleton, P a ,'
Johnstown., Pa*
2,533
4,560
Lancaster,' Pa*
1,249
Lebanon, Pa*
1,885
Norristown, Pa*
314,665
Philadelphia, Pa*
7,194
Reading, Pa*
8,469
Scranton, Pa*
17,843
Trenton, N. J*
4,751
Wilkes-Barre, Pa*
1,826
Williamsport, Pa*
17,104
Wilmington, Del*
4,653
York, Pa.

Form FR-285-a
DEBITS BY BANKS IN EACH REPORTING CENTER
_____________________
(In thousands of dollars)______
Week ended
June 15, 1938
DISTRICT HO, 4 - CLEVELAND
Akron, Ohio
Butler, Pa,
Canton, Ohio
Cincinnati, Ohio
Cleveland, Ohio
Columbus, Ohio
Dayton, Ohio
Erie, Pa,
Franklin, Pa,
Greensburg, Pa,
Hamilton, Ohio
Homestead, Pa*
Lexington, Ky,
Lima, Ohio
Lorain, Ohio
Middletown, Ohio
Oil City, Pa.
Pittsburgh, Pa,
Springfield, Ohio
Steubenville, Ohio
Toledo, Ohio
Warren, Ohio
Wheeling, W. Va,
Youngstown, Ohio
Zanesville, Ohio
DISTRICT NO, 5 - RICHMOND
Asheville, N. C,
Baltimore, Md,
Charleston, S, C,
Charleston, W. Va.
Charlotte, N. C.
Columbia, S, C.
Cumberland, Md.
Danville, Va.
Durham, N. C,
Greensboro, N. C.
Greenville, S. C.
Hagerstown, Md*
Huntington, W. Va,
Lynchburg, Va.
Newport News, Va.
Norfolk, Va.
Portsmouth, Va*
Raleigh, N .' C,
Richmond ,Va,
Roanoke, Va,
Spartanburg, S, C,
Washington, D, 0, /
Wilmington, N. C,
Winston-Salem, N. C,
DISTRICT NO. 6 - ATLANTA
Albany, Ga.
Atlanta, Ga.
Augusta, Ga.
Birmingham, Ala,
Brunswick, Ga,
Chattanooga, Tenn,
Columbus, Ga.
Dothan, Ala,



13,159
1,879
6,875
69,719
113,765
36,087
14,497
4,933
748
1,473
2,601
594
4,509
3,090
1,095
1,847
1,601
119,315
3,883
2,145
26,544
2,603
6,099
8,199
1,875
1,587
80,433
3,989
9,117
14,324
5,408
1,864
1,567
6,760
4,236
3,504
1,853
3,653
2,951
1,604

10,136
910
6,621
31,886
5,230
1,708
66,237
2,561
9,168
834
40,997
3,826
17,949
560
9,930
2,880
550

Week ended
June 15, 1938

DISTRICT NO, 6 - ATLANTA (Cont»d)
287
Elberton, Ga,
864
Hattiesburg, M s s ,
5,519
Jackson, Miss,
14,988
Jacksonville, Fla*
6,091
Knoxville, Tenn*
3,350
Macon, Ga,
2,060
Meridian, Miss,
6,500
Miami, Fla*
7,641
Mobile, Ala,
5,128
Montgomery, Ala,
Nashville, Tenn,
17,685
322
Newnan, Ga*
New Orleans, La*
44,353
1,917
Pensacola, Fla*
Savannah, Ga,
5,815
5,428
Tampa, Fla,
762
Valdosta, Ga.
1,578
Vicksburg, Miss*
DISTRICT NO. 7 - CHICAGO
Adrian, Mich.
Aurora, 111*
Battle Creek, Hich.
Bay City, Mich.
Bloomington, 111*
Cedar Rapids, Iowa
ChampaignrUrbana, 111.
Chicago, 111*
Clinton, Iowa
Danville, 111*
Davenport, Iowa
Decatur, 111*
Des Moines, Iowa
Detroit, Mich.
Dubuque, Iov/a
Elgin, 111.
Flint, Mich.
Fort Wayne, Ind*
Gary, Ind.
Grand Rapids, Mich.
Green Bay, Wis*
Hammond, Ind*
Indianapolis, ‘ Ind*
Jackson, Mich,
Kalamazoo, Mich,
Lansing, M ich,'
Manitowoc, Wis,
Mason City, Iowa
Milwaukee, Wis,
Moline, 111,
Muscat^e, Iowa
Oshkosh,- Wis*
Peoria, 111*’
Rockford,111*
Saginaw, H i ch.
Sheboygans, Wis,
Sioux City, Iowa
South Bend, Ind,
Springfield, 111*
Terre Haute, Ind,
Waterloo, Iowa

727
2,835
i-1
3,048
2,282
3,357
4,862
2,973
684,497
i^
1,148
2,255
4,910
3,482
19,251
159,279
2,017
1,935
4,974
7,105
3,576
10,015
3,093
1,472
44,704
2,933
3,962
4,707
1,730
2,080
53,711
2,192
749
1,839
11,933
5,288
3,887
3,252
7,880
6 ,388
5,833
4,274
3,795

Form FR-285-b
DEBITS BY BANKS IN EACH REPORTING CENTER
(In thousands of dollars)_______
Week ended
June 15, 1938
DISTRICT NO, 8 - ST. LOUIS
East St, Louis & Nat*l
Stock Yards, 111*
7,735
Eldorado, Ark.
1,189
Evansville, Ind.
6,334Fort Smith, Ark.
2,348
Greenville, Mis s.
787
Helena, Ark.
304
Little Rock, Ark,
6,717
Louisville, Ky,
34,665
Memphis, Tenn,
21,806
Owensboro, Ky.
1,091
Pine Bluff, Ark,
1,256
Quincy, 111,
1,792
St. Louis, Mo.
119,400
Sedalia, Mo*
389
Springfield, Mo,
3,001
Texarkana,Ark.(See also Tex.)
534
DISTRICT NO. 9 - MINNEAPOLIS
Aberdeen, S. D.
Billings, Mont,
Dickinson, N, D.
Duluth, Minn.
Fargo, N, D,
Grand Forks, N, D*
Helena, Mont.
Jamestown, N. D.
La Crosse, Wis,
Minneapolis, Minn.
Minot, N. D,
Red Wing, Minn.
St. Paul, Minn.
Sioux Falls, S. D.
South St, Paul, Minn.
Superior, Wis,
Winona, Minn,

1,031
2,098
213
8,405
3,857
1,065
2,198
379
1,986
73,067
794
367
33,690
3,269
4,358
846
1,532

DISTRICT NO. 10 - KANSAS CITY
Albuquerque, N. M,
Atchison, Kans,
Bartlesville, Okla.
Casper, Wyo.
Cheyenne, Wyo.
Colorado Springs, Colo*
Denver, Colo.
Enid, Okla.
Fremont, Neb.
Grand Junction, Colo*
Guthrie, Okla,
Hutchinson, Kans*
Independence, Kans.
Joplin,Mo,
Kansas City, Kans,
Kansas City, Mo*
Lawrence, Kans.
Lincoln, Neb.
Muskogee, Okla.
Oklahoma City, Okla*
Okmulgee, Okla,

3,633
762
5,869
1,482
2,245
2,933
33,451
2,307
604
709
'466
2,426
609
2,153
3,139
67,342
790
7,175
1,382
23,681
565




Week ended
June 15, 1938
DISTRICT NO* 10 - KANSAS CITY (Cont»d)
Omaha, Neb<_
31,201
Pittsburg, Kans*
834
Pueblo, Colo*
2,527
St, Joseph, Mo*
5,330
Topeka, Kans*
3,582
Tulsa, Okla*
48,424
Wichita, Kans.
10,528
DISTRICT NO. 11 - DALLAS
Abilene, Tex.
Austin, Tex.
Beaumont, Tex.'
Corsicana, Tex,
Dallas, Tex.
El Paso, Tex.
Fort Worth, Tex.
Galveston, Tex.
Houston, Tex,
Port Arthur, Tex,
Roswell, N. M,
San Antonio, Tex*
Shreveport, La*
Texarkana,Tex*
(See also Ark.)
Tucson, Ariz*
Tyler, Tex*
Waco, Tex*
Wichita Falls, Tex*

1,881
7,232
5,481

656
55,623
5,795
19,549
7,597
45,850
1,692
952
16,540
11,173
1,042
2,727
2,668
2,972
3,707
4,216
1,504
3,840
3,420
1,625

2,096
6,660

Pasadena, Cali:
Phoenix, Ariz*
Portland, Ore*
Reno, Nev.
Sacramento Calif.
Salem, Ore
Ore.
Ci n l 4
1*
i
Salt
Lake
City, Utah
Sai> Bernardino, Calif,
San Diego, Calif,
San Francisco, Calif*
San Jose, Galif*
Santa Barbara, Calif.
Seattle, Wash,
Spokane, Wash.
Stockton, Calif*
Tacoma, Wash,
t ~ W —*1 1 ~
W
#nV
A

7,630
191,236
20,702
2,742
5,763
9,459
34,356
3,117
15,147
3,155
15,053
3,267
10,875
189,740
4,822

2,632

44,460
9,684
4,854
7,646
1,378
2,897