Full text of G.6 Bank Debits and Deposit Turnover : June 5, 1939

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STATEMENT FOR THE PRESS

► Form PH-285

BANK DEBITS

For ionediate release

Board of Governors
of the Federal Reserve System
June 5, 1939

Debits to individual accounts, &s reported by bariKts j.n leading cities for the
week ended May 31, 'which included only five business days in nost of the reporting
centers, aggregated $7,059,000,000, or 5 percent below the total reported for the
preceding week and 3 percent above the total for the corresponding week of last
year, which also included only five business days in nost of the reporting centers.
Aggregate debits for the l4l cities for which a separate total has been main­
tained since January 1919 amounted to $6,517,000,000, compared with $6,850,000,000
r the preceding week and $6,300,000,000 the week ended June 1 of last year.

SUMMARY BY FEDERAL RESERVE DISTRICTS
(in thousands of dollars)
W eek
ended
Number
Federal
May 24,
Reserve
May 31,
of centers
District
1939
included
1^9.._ ...
No, 1 - Boston
389,188
355,914
17
2 - New York
3,302,236
15
2,988,095
3 - Philadelphia
18
375,209
497,820
4 - Cleveland
463,171
419,754
25
5 - Richmond
252,444
24
229,451
6 - Atlanta
26
209,847
200,079
7 - Chicago
41
1,056,251
1,002,975
8 - St. Louis
227,784
16
321,614
9 - Minneapolis
142,025
17
127,534
246,568
10 - Kansas City
28
229,642
189,092
11 - Dallas
18
157,901
528,096
12 - San Francisco 29 '
577,151
TOTAL

274

7,058,875

7,430,966

'June 1,
1938
351,145
2,927,715
482,607
421,945
236,906
198,761
926,905
270,391
131,202
211,706
164,853
526,949
6,851,085

DEBITS BY BANKS IN EACH REPORTING CENTER
rIn thousands of dollars)
Week ended
Week ended
May
31, 1939
May 31, 1939
DISTRICT NO. 2 - NEW YORK (Cont’d)
DISTRICT NO. 1 - BOSTON
Northern New Jersey
Bangor, Me,
2,677
Clearing House Ass*n
Boston, Mass.
31,424
228,397
Passaic, N. J,
5,212
Brockton, Mass.
3,114
Poughkeepsie, N. Y,
Burlington, Vt.
2,332
1,914
Rochester, N. Y«
Fall River, Mass.
a , 795
3,075
3,966
Stamford, Conn,
Hartford, Conn,
34,079
Syracuse, N. Y#
Holyoke, Mass,
15,519
2,008
Utica, N. Y.
Lowell, Mass,
5,047
2,514 ;
Lyirn, Mass,
3,055
DISTRICT NO. 3 - PHILADELPHIA
Manchester, N. H.
2,830
Allentown, Pa,
New Bedford, Mass,
4,685
3,025
Altoona, Pa,
New Haven, Conn,
1,841
12,507
Camden, N. J.
9,011
Portland, Main©
6,412
Chester, Pa,
Providence, R. I.
2,447
23,534
Harrisburg, Pa,
7,068
Springfield, Mass,
12,215
Hazleton, Pa,
Waterbury, Conn.
3,054
5,046
Johnstown," Pa#
Worcester, Mass,
2,500
9,512
Lancaster, Pa.
4,497
Lebanon, Pa,
DISTRICT NO. 2 - NEW YORK
1,105
Norristown, Pa.
Albany, N. Y,
1,621
31,514
Philadelphia,
Pa,
Binghamton, N. Y,
389,877
4,015
Reading, Pa,
9,316
Buffalo, N. Y.
43,544
Scranton,
Pa,
Elmira, N. Y.
11,925
2,419
Trenton, N. J,
21,506
Jamestown, N. y .
2,165
Wilkes-Barre,
Pa*
Montclair, N. J,
4,203
2,497
Williamsport, Pa#
1,969
Newark, N. J,
60,756
Wilmington,
Del#
New York, N. Y.
16,451
2,755,890
4,744
York, Pa.




Form FR—285~a
DEBITS BI BANKS IN EACH REPORTING CENTEK
_______ (In thousands of dollars)______
Week ended
Week ended
May 31, 1939
May 31, 1939
DISTRICT NO. 4 - CLEVELAND
DISTRICT NO. 6 - ATLANTA (Cont»d)
Akron, Ohio
13,228
Elberton, Ga.
221
Butler, Pa.
1,452
Hattiesburg, Miss,
968
Canton, Ohio
6,003
Jackson, Miss.
5,746
Cincinnati, Ohio
63,677
Jacksonville, Fla.
15,735
Cleveland, Ohio
103,560
Knoxvilie, Tenn.
4,997
Columbus, Ohio
29,682
Macon, Ga.
2,787
Dayton, Ohio
12,094
Meridian, Miss.
2,100
Erie, Pa.
5,050
Miami, Fla.
7,935
Franklin, Pa,
475
Mobile, Ala.
7,762
Greensburg, Pa.
1,218
Montgomery, Ala.
4,748
Hamilton, Ohio
1,884
Nashville, Tenn.
15,655
Homestead, Pa.
546
Newnan, Ga,
412
Lexington,. Ky.
2,998
New Orleans, La*
41,771
Lima, Ohio
2,324
Pensacola, Fla.
1 ,629
Lorain, Ohio
1>008
Savannah, Ga.
5,844
Middletown. Ohio
? 02©
Tampa, Fla.
5,266
Oil City, Pa.
f ;749
Valdosta, Ga.
1,050
Pittsburgh, Pa.
124,159
Vicksburg, Miss.
1,083
Springfield, Ohio
3,501
Steubenville, Ohio
2,016
DISTRICT NO. 7 - CHICAGO
Toledo, Ohio
23,609
Adrian, Mich.
734
Warren, Ohio
1 933
Aurora, 111.
2,654
Wheeling, W. Va.
5*562
Battle Creek, Mich.
2,082
Youngstown, Ohio
8,400
Bay City, Mich.
1,894
Zanesville, Ohio
1,597
Bloomington, 111#
2,970
Cedar Rapids, Iowa
4,582
DISTRICT NO. 5 - RICHMOND
Champaign-Urbana, 111*
2,669
Asheville, N. C.
2,218
Chicago, 111.
583,469
Baltimore, Md.
62,919
Clinton, Iowa
996
Charleston, S. C.
3,602
Danville, 111,
2,221
Charleston, W. Va.
7,707
Davenport, Iowa
3,867
Charlotte, N. C.
10,615
Decatur, 111,
3,308
Columbia, S. C.
6,072
Des Moines, Iowa
16,177
Cumberland, Md.
1,491
Detroit, Mich.
194,964
Danville, Va.
1,477
Dubuque, Iowa
1,531
Durham, N. C.
5,240
Elgin, 111.
1,352
Greensboro,N. C.
3,530
Flint, Mich.
4,437
Greenville, S. C.
3,396
Fort Wayne, Ind,
5,865
Hagerstown, Md.
1,587
Gary, Ind.
3,196
Huntington, W. Va.
3,164
Grand Rapids, Mich.
9,834
Lynchburg, Va.
2,501
Green Bay, Wis.
3,174
Newport News, Va.
1,797
Hammond, Ind.
1,637
Norfolk, Va.
9,173
Indianapolis, Ind.
34,552
Portsmouth, Va.
870
Jackson, Mich.
2,643
Raleigh, N. C.
8,187
Kalamazoo, Mich.
4,467
Richmond,Va.
26,203
Lansing, Mich.
3,969
Roanoke, Va.
4,625
Manitowoc, Wis*
1,201
Spartanburg, S. C.
1,814
Mason City, Iowa
1,768
Washington, D. C.
51,070
Milwaukee, Wis*
48,514
Wilmington, N.O,
2,189
Moline, 111*
1,529
Winston-Salem, N. C.
8,004
Muscatine, Iowa
571
Oshkosh, Wis*
1,633
DISTRICT NO. 6 - ATLANTA
Peoria, 111,
11,9.58
Albany, Ga.
g70
Rockford, 111,
5,063
Atlanta, Ga.
997
Saginaw, Mich.
3,583
Augusta, Ga.
3 567
Sheboygan, Wis*
2,666
Birmingham, Ala.
16*365
Sioux City, Iowa
6,848
Brunswick, Ga.
492
South Bend, Ind,
6,113
Chattanooga, Tenn.
7,001
Springfield, 111,
4,850
Columbus, Ga.
2,469
Terre Haute, Ind,
3,835
Dothan, Ala.
615
Waterloo,Iowa
3,499



Form Fft-285-b
DEBITS BY BANKS IN EACH
(In thousands oi
Week ended
May 31, 1939
DISTRICT NO. 8 - ST. LOUIS
East St. Louis & Nat*l
Stock Yards, 111.
7,892
Eldorado, Ark.
947
Evansville, Ind.
5,580
Fort Smith, Ark.
2,258
Greenville,Miss.
847
Helena, Ark.
287
Little Rock, Ark,
7,730
Louisville, Ky.
29,405
Memphis, Tenn*
21,392
Owensboro, Ky.
963
Pine Bluff, Ark.
1,374
Quincy, 111.
1,753
St. Louis, Mo*
2^,800
Sedalia, Mo.
358
Springfield, Mo.
3,524
Texarkana, Ark. (See also Tex.)
504DISTRICT 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.

834
1,909
276
9,206
3,281
986
1,933
278
1,473
68,085
782
387
28,714
3,170
4,474
776
970

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.

3,040
517
7,958
1,132
1,444
1,951
26,323
1,845
584
617
232
1,990
459
1,932
2,655
79,162
680
4,828
1,941
24,077
401




REPORTING CENTER
dollars)
Week ended
May 31, 1939
DISTRICT NO. 10 - KANSAS CITY (Cont*d)
Omaha, Neb.
25,186
Pittsburg, Kans,
716
Pueblo, Colo.
1,966
St, Joseph, Mo.
4,902
Topeka, Kans.
2,323
Tulsa, Okla.
23,458
Wichita, Kans.
7,323
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*

' 1,706
6,197
3,944
474
41,936
5,786
15,773
4,316
39,718
1,389
984
17,801
7,533
768
2,415
2,023
2,309
2,829

DISTRICT NO. 12 - SAN FRANCISCO
Bakersfield, Calif.
2,861
Bellingham, Wash.
1,006
Berkeley, Calif,
2,864
Boise, Idaho
3,055
Eugene, Ore.
1,444
Everett, Wash.
1,536
Fresno, Calif.
4,683
Long Beach, Calif*
6,307
Los Angeles, Calif*
156*824
Oakland, Calif.
16,573
Ogden, Utah
2,563
Pasadena, Calif.
3,938
Phoenix, Ariz.
6,941
Portland, Ore.
30,261
Reno, Nev.
2,073
Sacramento,Calif•
52,557
2,483
Salem, Ore.
Salt Lake City, Utah
12,860
2,262
San Bernardino, Calif*
6,830
San Diego, Calif, '
144,774
San Francisco, Calif*
3,750
San Jose, Calif,
Santa Barbara, Calif,
1,754
37,478
Seattle,Wash,
7,688
Spokane,Wash.
Stockton, Calif,4
3,445
Tacoma, Wash.
6,203
Walla Walla, Wash.
1,090
Yakima, Wash.
1,993