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Form FR-285 For immediate release STATEMENT FOR THE PRESS Board of Governors of the Federal Reserve System BANK DEBITS March 27, 1939 Debits to individual.-accounts, as reported by banks in leading cities for the week ended March 22, aggregated $8,358,000,000, or 4 percent below the total re ported for the preceding week and 10 percent above the total for the corresponding week of last year* Aggregate debits for the 141 cities for which a separate total has been mairttained since January 1919 amounted to $7,690,000,000, compared with $8,123,000,000 the preceding week and $7,017,000,000 the week ended March 23 of last year. SUMMARY BY FEDERAL RESERVE DISTRICTS ______ (In thousands of dollars) Federal Number ek en d ed Reserve of centers Mar. 22, Mar.15, District included 1939 1939 No, 1 - Boston 17 444,843 444,877 2 - New York 15 3,773,098 4,368,866 3 - Philadelphia 18 438,872 430,342 4 - Cleveland 25 486,276 462,390 5 - Richmond 24 293,850 273,818 6 - Atlanta 26 236,516 250,013 7 - Chicago 41 1,151,884 1,105,018 8 - St. Louis 16 244,779 219,501 9 - Minneapolis 17 137,856 148,887 10 - Kansas City 28 252,309 250,551 11 — Dallas 18 218,136 190,722 12 - San Francisco 655.062 29 626.566 TOTAL 274 8,358,009 8,747,023 DEBITS BY BANKS IN EACH REPORTING CENTER Week ended Mar. 22, 1939 DISTRICT NO. 1 - BOSTON Bangor, Me. 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, T/orcester, Mass. DISTRICT NO. 2 - NEW YORK Albany, N. Y, Binghamton, N, Y. Buffalo, N. Y. Elmira, N. Y, Jamestown, N. Y, Montclair, N. J, Newark, N. J, Hew York, N. Y. 2,780 286,172 4,328 2,138 4,185 40,697 2,379 3,377 4,027 3,195 4,034 16,591 7,188 31,840 14,933 5,880 11,099 30,508 4,498 48,069 2,993 2,759 3,504 74,639 3,509,467 Mar. 23, 1938 418,997 3,446,554 371,734 449,459 259,065 221,179 1,022,963 211.149 133,591 243,952 205.150 634.999 7,618.792 Y/eek ended Mar, 22, 1939 DISTRICT NO. 2 - NEW YORK 1kCont*d) Northern New Jersey Clearing House Ass’n 34,157 Passaic,N. J. 6,102 Poughkeepsie, N. Y, 2,886 Rochester, N. Y, 26,013 Stamford,Conn. 4,071 Syracuse, N. Y. 17,218 Utica, N. Y, 6,214 DISTRICT NO. 3 - PHILADELPHIA Allentown, Pa. Altoona, Pa. Camden, N. J, Chester, Pa. Harrisburg, Pa. Hazleton, Pa. Johnstown, Pa. Lancaster, Pa, Lebanon, Pa. Norristown, Pa, Philadelphia, Pa, Reading, Pa. Scranton, Pa, Trenton, N. J. Wilkes-Barre, Pa, Williamsport, Pa, Wilmingt6n, Del. ’ York, Pa, 5,788 2,481 10,772 2,875 10,412 2,955 3,311 5,741 1,492 2,157 314,443 9,650 11,243 13,163 5,136 2,414 29,781 5,058 Form FR-285“-a : DEBITS BI BA1JKS IN EACH REPORTING CENTER ______________________ (in thousands of dollars)____ _ Week ended Week ended Mar, 22, 1939 Mar. 22, 1939 DISTRICT NO. 4 - CLEVELAND DISTRICT NO. 6 - ATLANTA (Cont«d) Akron, Ohio Elberton, Ga, 198 16,233 Butler, Pa. Hattiesburg, Miss, 1,923 1,273 Canton, Ohio 8,608 Jackson, Miss, 5,839 Cincinnati, Ohio Jacksonville, Fla, 75,053 21,029 Cleveland, Ohio 113,769 8,078 Knoxville, Tenn. Columbus, Ohio 37,155 Macon, Ga, 3,420 Dayton, Ohio 16,107 Meridian, Miss, 2,380 Erie, Pa. 6,498 14,683 Miami, Fla, Franklin, Pa. Mobile, Ala. 659 7,803 Greensburg, Pa. 1,421 Montgomery, Ala, 4,543 Hamilton, Ohio 2,832 Nashville, Tenn, 19,748 Homestead, Pa. Netman, Ga, 432 633 Lexington, Ky. 4,524 New Orleans, La, 53,849 Lima, Ohio Pensacola, Fla, 2,737 2,012 Lorain, Ohio Savannah, Ga, 1,262 6,416 Middletown, Ohio Tampa, Fla. 2,400 7,549 Oil City, Pa, Valdosta, Ga, 2,645 893 Pittsburgh, Pa. Vicksburg, Miss, 139,639 1,608 Springfield, Ohio 4,108 Steubenville, Ohio DISTRICT NO. 7 - CHICAGO 1,818 Toledo, Ohio Adrian, Mich, 26,251 812 Warren, Ohio Aurora, 111, 1,948 3,047 Wheeling, W. Va. Battle Creek, Mich. 6,507 3,050 Youngstown, Ohio Bay City, Mich. 9,619 2,336 Zanesville, Ohio 1,927 Bloomington, 111, 2,757 Cedar Rapids, Iowa 5,603 DISTRICT NO, 5 - RICHMOND Champaign-Urbana, 111, 2,915 Asheville, N. C. Chicago, 111, 3,015 674,039 Baltimore, Md. Clinton, Iowa 79,253 1,202 Charleston, S.C. Danville, 111, 4,187 2,260 Charleston, W. Va, Davenport, Iowa 10,777 4,848 Charlotte, N. C» 14,518 Decatur, 111, 3,874 Columbia, S, C. 7,579 Des Moines, Iowa 19,733 Cumberland, Md, 1,758 Detroit, Mich. 195,309 Danville, Va, Dubuque, Iowa 1,699 2,026 Durham, N. C. 6,163 Elgin,111, 1,731 Greensboro, N. C. Flint, Mich. 5,349 5,838 Greenville, S. C. 4,314 Fort Wayne, Ind, 7,053 Hagerstown, Md. Gary, Ind. 1,939 2,999 Huntington, W. Va. Grand Rapids, Mich, 3,715 12,263 Lynchburg, Va. Green Bay, Wis, 3,329 3,463 Newport News,Va. 2,292 Hammond, Ind. 1,659 Norfolk, Va. 11,302 Indianapolis, Ind, 44,093 Portsmouth, Va, 990 Jackson, Mich. 3,492 Raleigh, N. C. 12,743 Kalamazoo, Mich, 5,038 Richmond, Va, Lansing, Mich, 35,039 5,397 Roanoke, Va, 8,498 ManitoTOC, Wis. 1,502 Spartanburg, S. C, Mason City, Iowa 2,272 2,150 7 ~ Washington, D. C. Milwaukee, Wis, 62,255 68,776 Wilmington, N. C. Moline, 111, 2,288 1,831 Winston-Salem, N. C. Muscatine, Iowa 8,576 738 Oshkosh, Wis, 1,899 DISTRICT NO. 6 - ATLANTA Peoria, 111, 12,597 Albany, Ga. Rockford, 111, 1,249 5,712 Atlanta, Ga, Saginaw, Mich, 48,303 4,577 Augusta, Ga, Sheboygan, Wis, 3,725 3,042 Birmingham, Ala, Sioux City, Iowa 20,203 9,685 Brunswick, Ga, South Bend, Ind* 623 8,724 Chattanooga, Tenn, 10,154 Springfield, 111# 5,131 Columbus, Ga, Terre Haute, Ind, 3,233 4,658 Dothan, Ala, 770 Waterloo, Iowa 4,025 Fbm FR-285-b DEBITS BY BANKS HI EACH (in thousands Week ended Mar. 22, 1939 DISTRICT 110. 8 - ST. LOUIS East St. Louis & Nat’l Stock Yards, 111. 7,892 Eldorado, Ark; 1,459 Evansville, Ind. ' 6,529 Fort Smith, Ark. 2,476 Greenville, Miss. 1,071 Helena, Ark. 374 Little Rock, Ark. 9,125 Louisville, Ky. 35,183 Memphis,Tenn, 30,226 Owensboro, Ky. 2,130 Pine Bluff, Ark, 2,380 Quincy, 111. .1,944 St. Louis, Mo. 138,900 Sedalia, Mo, 457 Springfield, Mo. 3,278 Texarkana, Ark. (See also Tex.) 1,355 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. DISTRICT NO. 10 - KANSAS CITY Albuquerque, N. M. Atchison, Kans, Bartlesville, Okla, Casper, Wyo, Cheyenne, Wyo, Colorado Springs, Colo, Denver, Colo, Enid, Okla. Fremcnt, 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, 1,021 2,269 265 8,248 3,673 963 3,021 335 2,102 72,378 640 434 37,499 3,893 5,329 957 5,860 3,604 603 7,130 1,037 1,939 2,656 33,675 2,252 552 772 414 2,300 688 2,199 3,368 67,846 713 7,671 1,952 21,777 655 REPORTING CENTER of dollars)____ _ Week ended Mar. 22, 1939 DISTRICT XOilvXUJL 1 H 1w 0. # 10 - KANSAS CITY (Cont*d) Omaha, Neb, 34,784 Pittsburg, Kans, 886 Pueblo, Colo, 2,605 St, Joseph, Mo, 6,245 Topeka, Kans, 3,492 Tulsa, Okla, 30,887 Wichita, Kans, 9,607 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, 2,174 7,501 7,197 798 62,286 6,792 18,784 5,612 60,723 2,615 837 17,978 10,928 1,046 3,004 2,943 3,227 3,691 DISTRICT NO. 12 - SAN FRANCISCO Bakersfield,Calif, 3,831 Bellingham, Wash, 1,557 Berkeley, Calif* 4,437 3,414 Boise, Idaho Eugene, Ore, 1,723 Everett, Wash. 1,895 8,750 Fresno, Calif, Long Beach, Calif* 9,231 Los Angeles,Calif* 204,042 Oakland, Calif, 21,576 Ogden, Utah 2,768 Pasadena,Calif* 6,063 Phoenix, Ariz* 10,876 Portland, Ore* 54,401 Reno, Nev. 2,510 Sacramento, Calif, 16,198 Salem, Ore. 3,526 Salt Lake City, Utah 14,676 San Bernardino, Calif* 2,704 San Diego, Ca]if, 10,473 San Francisco, Calif, 184,431 San Jose, Cal.I.f* 5,001 Santa Barbara, Calif, 2,504 Seattle,Wash, 49,883 Spokane, Wash, 11,572 Stockton, Calif* 3,840 Tacoma ,Wash. 9,096 Walla Walla, Wash, 1,297 Yakima,Wash. 2,787