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► Form FR-285 For immediate release STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve Systeir BANK DEBITS March 13 , 1939 Debits to individual accounts, as reported by banks in leading cities for the week ended March 8, aggregated $8,258,000,000, or 5 percent below the total re ported for the preceding week and 13 percent above the total for the corresponding week of last year. •%gregate debits for the l4l cities for which a separate total has been main tained since January 1919 amounted to $7,637,000,000, compared with §8,010,000,000 r the preceding week and $6,730,000,000 the week ended March 9 of last year. SUMMARY BY FEDERAL RESERVE DISTRICTS (In thousands of dollars) Federal Number eek ended Reserve of centers Mar, 8, Mar, 1, Mar, 9, District included 1939 1939 1938 IIo, 1 - Boston 434,368 17 487,454 376,196 2 - New York 15 3,887,281 4,030,607 3,381,546 3 ~ Philadelphia 18 452,528 407,316 363,352 4 - Cleveland 465,570 25 530,148 408,4-32 5 - Richmond 2-4 265,390 305,356 246,785 6 - Atlanta 26 237,734 261,400 247,895 7 - Chicago 4l 1,204,492 993,067 937,272 8 - St. Louis 16 244,074 193,404 208,335 9 ~ Minneapolis 17 142,066 146,790 133,079 10 — Kansas City 28 219,66-4 263,020 218,981 11 - Dallas 18 184,552 209,587 196,515 12 - San Francisco 29 669,642 607,716 696,957 TOTAL 274 8,258,311 8,689,087 7,311,173 DEBITS BY BANKS IN EACH REPORTING CENTER ______ IIn thousands of dollars)_______ Week ended Week ended Mar. 8, 1939 Mar. 8, 1939 DISTRICT I©, 1 - BOSTON DISTRICT IK). 2 - NEW YORK (Cont*d) Bangor, Me. Northern New Jersey 2,591 Boston, Mass. 285,244 Clearing House Ass*n 34,243 Brockton, Mass. 3,222 Passaic, 11. J, 5,525 Burlington, Vt, 2,270 Poughkeepsie, N, Y, 3,356 Fall River, Mass. 3,748 Rochester, N. Y. 25,315 Hartford, Conn, 40,175 Stamford, Conn. 3,647 Holyoke, Mass. 2,305 Syracuse, N. Y, 15,975 Lowell, Mass. 2,870 Utica, N. Y, 6,235 Lynn, Mass. 3,607 Manchester, N. H. 3,113 DISTRICT NO. 3 - PHILADELPHIA New Bedford, Mass. 3,376 Allentown, Pa, 4,64l New Haven, Conn, 14,545 Altoona, Pa. 2,390 Portland, Maine 6,912 Camden, N. J, 11,601 Providence, R. I. 30,062 Chester, Pa, 2,878 Springfield, Mass. 13,481 Harrisburg, Pa, 8,859 Waterbury, Conn. 6,002 Hazleton, Pa. 2,490 Worcester, Mass, 10,845 Johnstown, Pa, 3 ,229 Laneaster, Pa, 5 ,446 DISTRICT NO. 2 - NEW YORK Lebanon, Pa. 1,436 Albany, N. Y. 60,072 Norristown, Pa, 1,928 Binghamton, N. Y. 4,429 Philadelphia, Pa. 298,105 Buffalo, N. Y. 42,797 Reading, Pa. 7,796 Elmira, N. Y. 2,909 Scranton, Pa, 9,482 Jamestown, U. Y. 2,801 Trenton, N. J, 15,24l Montclair, N. J, Wilkes-Barre, Pa* 4,788 3,323 Newark, N. J. 65,402 Williamsport, Pa. 2,266 New York, N. Y, 3,754,578 Wilmington, Del. 19,878 York, Pa, 4,362 Form FR-285-a DEBITS BY BANKS IN EACH REPORTING CENTER ______ (in thousands of dollars)____ Week ended Week ended Mar. 8, 1939 Mar. 8, 1939 DISTRICT NO. A - CLEVELAND DISTRICT NO, 6 - ATLANTA (Cont*d) Akron, Ohio Elberton, Ga, 238 12,355 Butler, Pa, Hattiesburg, Miss, 2,022 1,215 Canton, Ohio 8,065 Jackson, Miss, 7,197 Cincinnati, Ohio 65,670 Jacksonville, Fla, 18,102 Cleveland, Ohio Knoxville, Tenn, 6,418 111,545 Columbus, Ohio Macon, Ga, 2,888 50,605 Dayton, Ohio Meridian, Miss, 13,138 2,730 Erie, Pa, 5,523 Miami, Fla,' 14,595 6AA Franklin, Pa, Mobile, Ala, 7,827 1,366 Greensburg, Pa, Montgomery, Ala, 4,777 2,360 Hamilton, Ohio Nashville, Tenn, 19,079 Homestead, Pa, 729 Newnan, Ga, 387 56,363 4,631 Lexington, Ky. New Orleans, La, 2,712 1,790 Lima, Ohio Pensacola, Fla, 5,910 Lorain, Ohio 1,038 Savannah, Ga, 2,432 Middletown, Ohio 6,260 Tampa, Fla, 2,046 Oil City, Pa, Valdosta, Ga, 907 Pittsburgh, Pa, 129,259 Vicksburg, Miss, 1,835 3,798 Springfield, Ohio 1,748 Steubenville, Ohio DISTRICT NO, 7 - CHICAGO 25,218 Toledo, Ohio Adrian, Mich. 797 Warren, Chio 1,851 2,698 Aurora, 111* Wheeling, W. Va, 6,087 Battle Creek, Mich. 2,64l 8,941 Youngstorm, Ohio Bay City, Mich. 1,982 Zanesville, Ohio 1,787 Bloomington, 111, 2,875 Cedar Rapids, Iowa 5,833 DISTRICT NO. 5 - RICHMOND Champaignr-Urbana, 111, 4,160 Asheville, N. C, 2,392 Chicago, 111, 570,445 Baltimore, Md. 76,776 Clinton, Iowa 1,145 Charleston, S. .C, Danville, 111* 3,517 l,94l Charleston, W. Va, Davenport, Iowa 10,134 5,085 Charlotte, N. G-, 11,574 Decatur, 111, 3,486 Columbia, S. C. Des Moines, Iowa 6,807 22,060 Cumberland, Md, Detroit, Mich, 1,558 161,017 Danville, Va. 1,641 Dubuque,Iowa 2,167 Durham, N. C. 5,348 1,490 Elgin, 111* Greensboro, N. C, 4,302 6,478 Flint, Mich. 3,781 Greenville, S. C. Fort Wayne, Ind, 6,585 1,872 Hagerstown, Md, Gary, Ind, 3,202 Huntington, W. Va, 3,771 Grand Rapids, !3ich. 10,991 Lynchburg, Va, Green Bay, Wis, 3,027 3,571 Newport.News, Va, 1,758 Hammond, Ind, . 1,605 9,726 Norfolk, Va, Indianapolis,Ind* 43,132 Portsmouth, Va, 927 Jackson, Mich. 3,056 8,904 Raleigh, N. C, Kalamazoo, Mich. 4,169 Richmond, Va, 29,387 Lansing, Mich, 4,730 5,878 Roanoke, Va, Manitowoc,Wis* 1,291 Spartanburg, S. C, 1,870 Mason City, Iowa 2,240 Washington, D, C, 60,429 54,984 Milwaukee, W*is, 2,199 Wilmington, N. C, 1,708 Molina, 111* 7,812 Winston-Salem, 3>I. C, Mugofcfcine* Iowa 761 Oshkodih, wi&* 1,753 DISTRICT NO. 6 - ATLANTA. Peoria, 111, 11,739 Albany, Ga, Rockford, 111* 1,173 4,765 Atlanta, Ga, 42,679 Saginaw, Mich*' 3,887 Augusta, Ga, Sheboygan, Wis* 3,573 2,830 Birmingham, Ala, 17,701 Sioux City, Iowa 7,844 Brunswick, Ga, 564 South Bend, Ind, 7,763 Chattanooga, Tenn, 9,888 Springfield, 111* 5,790 Columbus, Ga, 2,843 Terre Haute, Ind, 4,615 Dothan, Ala, Waterloo, Iowa 795 3,755 Form FR-285~b DEBITS BY BANKS IN EACH ______ (in thousands of Week ended Mar. 8, 1939 DISTRICT NO. 8 - ST. LOUIS East St. Louis & Nat*1 Stock Yards, 111, 7,392 Eldorado, Ark. 1,1^3 Evansville, Ind. 5,976 Fort Smith, Ark. 2,32-4 t Greenville, Miss. 1,203 Helena, Ark. 387 Little Rock, Ark. 7,409 Louisville, Ky. >4,076 Memphis, Tenn. 24,991 Owensboro, Ky. 1,477 Pine Bluff, Ark. 2,257 Quincy, 111, 1,751 St. Louis, Mo. 113,700 Sedalia, Mo. 465 Springfield, Mo, 2,797 Texarkana, Ark,(See also Tex,) 987 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, 927 2,666 235 7,912 3,873 1,083 2,189 308 1,752 71,234 8l4 379 37,357 3,924 5,120 979 1,314 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, 3,525 668 4,611 1,313 1,760 2,918 33,655 1,988 609 810 277 2,489 746 1,945 3,316 56,001 821 5,817 1,584 19,951 470 REPORTING CENTER dollars)_______ Week ended Mar. 8, 1939 DISTRICT NO. 10 - KANSAS CITY (Cont»d) Omaha, Neb, 31,617 738 Pittsburg, Kans, Pueblo, Colo, 2,869 St, Joseph, Mo, 5,250 Topeka, Kans, 3,951 20,582 Tulsa, Okla, Wichita, Kans, 9,383 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, 2,124 9,279 4,917 786 54,715 7,350 15,351 6,210 45,035 2,200 ?50 15,295 8,005 827 2,761 2,716 3,050 2,981 DISTRICT NO. 12 - SAN FRANCISCO 3,981 Bakersfield, Calif, Bellingham, Wash, 1,329 5,046 Berkeley, Calif, 3,966 Boise, Idaho 1,502 Eugene, Ore, Everett, Wash, 1,408 Fresno, Calif, 6,782 Long Beach, Calif, 9,510 Los Angeles, Calif, 196,519 Oakland, Calif, 24,295 2,567 Ogden, Utah 7,207 Pasadena, Calif, 9,402 Phoenix, Ariz, 34,781 Portland, Ore, 2,386 Reno, Nev. Sacramento, Calif, 17,151 4,178 Salem, Ore, Salt Lake City, Utah 12,187 3,045 San Bernardino,Calif, 12,195 San Diego, Calif* San Francisco, Calif* 229,733 6,4l7 San Jose, Calif* 5,479 Santa Barbara, Calif, 42,924 Seattle, Wash. 9,685 Spokane, Wash. 3,756 Stockton, Calif* 7,716 Tacoma, Wash. 1,488 Walla Walla, Wash, 3,007 Yakima, Wash,