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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 1thousands of dollars) Federal Number W ei e k 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. -426 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