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Form FK-285

STATEMENT FOR THE PRESS

For Immediate release

BARK DEBITS

Board of Governors
of the Federal Reserve System
March 12, 1938

Debits to individual accounts, as reported by banks in leading cities for the
week ended March 9, aggregated #7,306,OCX),000, or 15 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 l4l cities for which a separate total has been main­
tained since January 1919 amounted to 06,727,000,000, compared with $7,910,000,000
the preceding week and $8,3^7,000,000 the week ended March 10 of last year.

SUMMARY BY FEDERAL RESERVE DISTRICTS
(In 1
thousands of dollars)
Federal
Number
We e k
i
e n d (5 d
Reserve
of centers
Mar. 2,
Mar. 10,
Mar. 9,
District
included
1938
1937
1938
No, 1 - Boston
17
376,196
466,338
499,720
2 - New York
15
3,381,546
4,400,278
3,867,163
3 - Philadelphia
18
440,683
420,784
363,352
4 - Cleveland
25
408,432
524,036
534,975
5 — Richmond
24
291,976
246,785
284,707
6 - Atlanta
26
235,986
245,699
234,533
7 - Chicago
4l
937,272
1,157,540
1,223,983
8 - St. Louis
16
193,404
230,530
231,030
9 - Minneapolis
17
133,079
153,132
141,459
10 - Kansas City
28
218,981
261,024
254,077
193,784
11 - Dallas
18
176,048
191,237
607,716
12 — San Francisco
29
701,321
661,262
TOTAL

,

274
7,306,246
8,572,220
9 011,602
DEBITS BY BANKS IN EACH REPORTING CENTER
(in thousands of dollars)_________
Week ended
Week ended
Mar. 9, 1938
Mar. 9, 1938
DISTRICT NO. 1 - BOSTON
DISTRICT NO. 2 - NEW YORK (Cont*d)
Bangor, Maine
2,746
Northern New Jersey
Boston, Mass.
237,117
Clearing House Ass’n
34,l4l
Brockton, Mass.
2,733
Passaic, N. J,
4,743
Burlington, Vt.
1,876
Poughkeepsie, N. Y.
2,698
Fall River, Mass.
3,200
Rochester, N. Y.
25,657
Hartford, Conn.
38,750
Stamford, Conn.
3,182
Holyoke, Mass.
2,053
Syracuse, N. Y.
14,510
Lowell, Mass.
2,903
Utica, N. Y.
6,387
Lynn, Mass.
3,537
Manchester, N. H.
2,9l4
DISTRICT NO. 3 - PHILADELPHIA
New Bedford, Mass.
3,023
Allentown, Pa.
4,717
New Haven, Conn.
13,695
Altoona, Pa,
2,077
Portland, Maine
6,804
Camden, N, J,
8,553
Providence, R. I .
26,271
Chester, Pa,
2,503
Springfield, Mass.
12,5-43
Harrisburg, Pa,
7,545
Waterbury, Conn,
5,475
Ha2leton, Pa,
1,923
Worcester, Mass,
10,556
Johnstown, Pa,
3,172
Lancaster, Pa,
5,321
DISTRICT NO. 2 - NEW YORK
Lebanon, Pa.
1,272
Albany, N. Y.
48,526
Norristown, Pa,
1,828
Binghamton, N. Y,
4,512
Philadelphia, Pa,
268,066
Buffalo, N. Y.
40,876
Reading, Pa,
6,118
Elmira, N. Y,
2,476
Scranton, Pa,
8,589
Jamestown, N. Y.
2,830
Trenton, N. J ,
12,67-4
Montclair, N. J.
3,366
Wilkes-Barre, Pa,
4,439
Newark, N. J.
57,501
Williamsport, Pa,
1,982
New York, N. Y,
3,130,l4l
Wilmington, Del,
18,719
York, Pa,
3,854



Form FR-285-a
DEBITS BY BANKS IK EACH REPORTING CENTER
(in thousands of dollars)________
Week ended
Mar. 9, 1938
DISTRICT NO. 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

11,-490
1,703
6,451
64,398
92,232
33,284
12,939
5,418
677
1,370
2,4-90
648
4,485
3,588
960
1,822
1,722
116,864
3,654
1,572
23,640
1,634
6,191
7,613
1,587

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. C.
Wilmington, N. C,
Winston-Salem, N. C,

2,391
71,212
3,707
10,020
11,232
5,019
1,542
1,481
5,355
3,54l
3,512
1,813
3,473
3,027
1,723
9,247
839
8,656
30,149
5 012
2^071
52,699
2,096
6,968

DISTRICT NO, 6 - ATLANTA
Albany, Ga.
Atlanta, Ga.
Augusta, Ga.
Birmingham, Ala.
Brunswick, Ga.
Chattanooga, Tenn.
Columbus, Ga.
Dothan, Ala.

45,354
3,562
17,444
638
9,107
2,784
694




1,132

Week ended

DISTRICT NO. 6 - ATLANTA (Cont’d)
226
Elberton, Ga.
1,050
Hattiesburg,' Miss•
Jackson, Miss.
10,235
15,892
Jacksonville, Fla.
Knoxville, Tenn.
6,562
2,844
Macon, Ga.
Meridian, Illss.
2,987
Miami, Fla.
11,289
Mobile, Ala.
8,679
4,892
Montgomery, Ala.
Nashville, Tenn,
22,889
Newnan, Ga,
366
New Orleans, La,
60,869
Pensacola, Fla,
1,709
Savannah, Ga,
5,812
Tampa, Fla,
5,881
Valdosta, Ga,
739
Vicksburg, Miss.
2,063
DISTRICT NO. 7 - CHICAGO
Adrian, Mich.
Aurora, 111.
Battle Creek, Mich.
Bay City, Mich.
Bloomington, 111,
Cedar Rapids, Iowa
Champaign—
Urbana, 111.
Chicago, 111.
Clinton, Iowa
Danville, 111.
Davenport, Iowa
Decatur, 111.
Des Moines, Iowa
Detroit, Mich.
Dubuque, Ioxra
Elgin,111.
Flint, Mich.
. Fort Wayne, Ind.
Gary, Ind.
Grand Rapids, Mich.
Green Bay, Wis,
Hammond, Ind,
Indianapolis, Ind,
Jackson, Mich,
Kalamazoo, Mich.
Lansing, Mich.
Manitowoc, Wis,
Mason City, Iowa
Milwaukee, Wis,
Moline, 111.
Muscatine, Iowa
Oshkosh, Wis.
Peoria, 111,
Rockford, 111,
Saginaw, Mich,
Sheboygan, Wis,
Sioux City, Iowa
South Bend, Ind,
Springfield, 111,
Terre Haute, Ind,
Waterloo, Iowa

800
2,333
2,566
2,153
2,855
5,348
3,336
556,392
1,353
1,926
4,182
3,6 31
21,178
138,374
1,852
1,509
4,875
6,570
2,875
9,24l
3,123
1,376
36,244
2,904
3,530
4,024
1,319
2,380
54,618
1,538
553
1,773
11,674
4,434
3,945
2,971
7,076
7,143
5,469
4,564
3,265

Fom FR-285“b
DEBITS BY BANKS IN EACH REPORTING CENTER
______________________________
(in thousands of dollars)________
Week ended
Week ended
Mar. 9, 1938
Mar. 9, 1938
DISTRICT NO. 8 - ST. LOUIS
DISTRICT HO. 10 - KANSAS CITY (Cont*d)
30,366
East St, Louis & Nat'l
Omaha, Neb,
Pittsburg, Kans.
Stock Yards, 111.
6,6-45
695
1 ,1 1 1
Eldorado, Ark,
Pueblo, Colo.
3,194
5,168
5,248
St. Joseph, Mo.
Evansville, Ind.
2,698
Fort Snith, Ark.
Topeka, Kans,
4,297
22,154
Tulsa, Okla,
1,192
Greenville, Miss.
-2
46
Helena, Ark,
Wichita, Kans.
9,235
Little Rock, Ark.
7,051
28,578
Louisville, Ky.
DISTRICT NO. 11 - DALLAS
28,360
Memphis, Tonn,
Abilene, Tex.
2,223
1,487
9,230
Austin, Tex.
0wensfooro.r Ky,
5,2l4
Beaumont, Tex.
1,863
Pine Bluff, Ark,
Quincy, 1 1 1 .
1,634
Corsicana, Tex.
777
55,142
Dallas, Tex.
St. .Louis, Mo.
102,400
7,225
Sedalia, Mo.
El Paso, Tex.
382
Fort Worth, Tex.
18,429
Springfield, Mo.
3,021
6,372
Galveston, Tex.
Texarkana, Ark,(See also Tex.)1,388
47,782
Houston, Tex*
2,572
Port Arthur, Tex.
DISTRICT NO. 9 - MINNEAPOLIS
874
Roswell, N. M,
Aberdeen, S. D.
863
15,236 '
San Antonio, Tex.
Billings, Mont.
1,820
8,158
Shreveport, La.
Dickinson, N. D.
271
Texarkana, Tex.
Duluth, Minn,
8,110
868
(See also Ark,)
Fargo, N. D.
3,540
2,329
Tucson, Ariz,
Grand Forks, N. D,
947
3,899
Tyler, Tex,
Helena, Mont,
2,262
3,312
Waco, Tex,
Jamestown, N. D.
363
4,142
Wichita Falls, Tex,
La Crosse, Wis.
1,596
Minneapolis, Minn.
64,305
DISTRICT NO. 12 - SAN FRANCISCO
Minot, N. D,
782
3,844
Bakersfield, Calif,
402
Red Wing, Minn.
Bellingham, Wash.
St. Paul, Minn.
37,125
1,403
Berkeley, Calif.
Sioux Falls, S* D,
3,991
4,315
4,413
Boise, Idaho
South St, Paul, Minn,
3,339
Eugene, Ore,
1,428
Superior, Wis.
960
Everett, Wash,
Winona, Minn,
1,588
1,329
Fresno, Calif,
5,740
Long Beach, Calif,
DISTRICT NO. 10 - KANSAS CITY
7,491
Albuquerque, N. M.
165,154
Los Angeles, Calif.
2,832
697
Oakland, Calif.
24,036
Atchison, Kans.
4,600
Ogden, Utah
Bartlesville, Okla.
3,1^9
1,197
Pasadena, Calif.
6,802
Casper, Wyo.
l,84l
Phoenix, Ariz.
Cheyenne, Wyo.
8,965
2,227
31,954
Portland, Ore*
Colorado Springs, Colo.
32,224
2,436
Reno, Nev,
Denver, Colo*
2,109
Sacramento, Calif*
19,062
Enid, Okla*
538
Salem, Ore.
Fremont, Neb*
3,550
827
Salt Lake City, Utah
Grand Junction, Colo.
11,997
346
San Bernardino, Calif,
Guthrie, Okla*
2,005
2,498
San Diego, Calif,
Hutchinson, Kans*
10,589
557
San Francisco, Calif,
221,970
Independence, Kans.
2,011
San Jose, Calif.
5,160
Joplin,Mo.
3,040
Santa Barbara, Calif.
2,824
Kansas City, Kans.
56,770
Seattle, Wash.
35,848
Kansas City, Mo.
819
Spokane, Wash.
8,424
Lawrence, Kans.
5,026
Stockton, Calif.
4,088
Lincoln, Neb.
1,444
Tacoma,Wash.
Muskogee, Okla.
6,651
21,726
Walla Walla, Wash.
Oklahoma City, Okla,
1,332
463
Yakima, Wash.
Okmulgee, Okla.
2,572