Full text of G.6 Bank Debits and Deposit Turnover : March 5, 1938
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Form FR-285 For immediate release STATEMENT FOR THE PRESS BANK DEBITS Board of Governors of the Federal Reserve System March 5, 1938 Debits to individual accounts, as reported by banks in leading cities for the week ended March 2, aggregated $8,572,000,000, or 46 percent above the total re ported for the preceding week, which included only five business days, and 21 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 07,910,000,000, compared with 05,362,000,000 the preceding week and $10,105,000,000 the week ended March 3 of last year. SUMMARY BY FEDERAL RESERVE DISTRICTS (In thousands of dollars) We e k ended Number Federal Mar. 3, Feb. 23, Mar. 2, of centers Reserve 1937 1938 1938 included District 618,309 324,292 466,338 No. 1 - Boston 17 5,199,720 2,377,933 3,867,163 2 - New York 15 508,792 282,647 440,683 3 - Philadelphia 18 665,172 370,429 524,036 4 - Cleveland 25 333,117 216,027 291,976 5 - Richmond 24 200,246 268,892 235,986 6 - Atlanta 26 871,340 1,446,875 1,223,983 7 - Chicago 4l 284,534 186,757 230,530 8 - St. Louis 16 173,411 112,365 153,132 9 - Minneapolis 17 294,949 261,024 215,295 10 - Kansas City 28 181,622 194,693 176,048 11 - Dallas 18 884.301 531.603 701,321 12 - San Francisco 29 5,870,556 10,872,765 TOTAL 274 8,572,220 DEBITS BY BANKS IN EACH REPORTING CENTER Week ended Mar. 2, 1938 DISTRICT NO, 1 - BOSTON Bangor, Maine 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. Worcester, 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. New York, N. Y. 3,126 304,764 3,593 2,187 3,824 44,727 2,456 2,902 3,978 3,396 3,53.3 17,298 7,729 31,574 14,204 5,596 11,451 78,518 4,845 53,897 3,145 2,747 3,883 80,989 3,523,209 Week ended Mar. 2, 1938 DISTRICT NO, 2 - NEW YORK (Cont»d) Northern New Jersey Clearing House Ass’n 41,755 Passaic, N. J. 5,923 3,601 Poughkeepsie, N. Y. 32,461 Rochester, N. Y. Stamford, Conn* 4,899 Syracuse, N. Y. 18,909 8,382 Utica, N. Y. 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. Wilmington, Del. York, Pa# 5,605 2,21810,889 2,637 8,741 3,159 3,799 6,808 1,370 2,122 322,990 7,336 11,385 17,363 5,701 2,444 21,402 4,708 Form Fft-285-a DEBITS BY BANKS IN EACH REPORTING CENTER (In thousandLs of dollars) Week ended Mar. 2, 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 13,405 2,177 7,357 7-4,396 123,399 47,099 14,843 5,522 581 1,636 2,685 633 4,732 2,937 1,020 2,177 2,792 161,846 4,159 2,105 29,251 1,947 6,485 9,286 1,566 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. 2,610 87,663 3,818 13,754 12,206 6,151 1,840 1,879 6,511 4,288 4,132 1,875 3,740 3,320 2,338 12,202 1,093 9,725 34,306 5,684 2,052 59,551 2,656 8,582 DISTRICT NO. 6 - ATLANTA Albany, Ga. Atlanta, Ga. Augusta, Ga. Birmingham, Ala. Brunswick, Ga. Chattanooga, Tenn. Columbus, Ga. Dothan, Ala. 1,221 46,893 3,814 19,199 592 8,067 2,916 699 Week ended Mar. 2, 1938 DISTRICT NO. 6 - ATLANTA (Cant'd) 274 Elberton, Ga. 1,098 Hattiesburg, Miss, Jackson, Miss. 6,369 Jacksonville, Fla, 18,467 Knoxville, Tenn, 7,609 3,154 Macon, Ga. 2,307 Meridian, Miss. 12,104 Miami, Fla. 7,571 Mobile, Ala. 4,784 Montgomery, Ala, 19,127 Nashville, Tenn, 435 Newnan, Ga. 50,890 New Orleans, La. 1,886 Pensacola, Fla. 6,917 Savannah, Ga. 7,187 Tampa, Fla. 840 Valdosta,Ga* 1,566 Vicksburg, Miss. 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, Iowa Elgin, 111. Flint, Mich. Fort Wayne, Ind. Gary, Ind. Grand Rapids, Mich, Green Bay, lis. Hammond, Ind. Indianapolis, Ind* Jackson, Mich* Kalamazoo, Mich. Lansing, Mich. Manitowoc, lis* 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 844 2,557 3,098 2,260 2,997 6,101 3,761 740,682 1,278 2,197 5,294 3,705 19,944 199,087 2,205 1,791 7,107 7,319 3,058 11,548 3,815 1,435 47,000 3,182 5,892 4,782 1,309 2,384 64,001 1,794 808 2,429 12,866 5,942 4,465 4,111 8,471 8,018 5,724 4,545 4,177 Form Fft-285-b DEBITS BY BANKS IN EACH REPORTING CENTER (In thousands of dollars)_________ Week ended Week ended • Mar. 2, 1938 Mar. 2, 1938 DISTRICT NO. 8 - ST, LOUIS DISTRICT NO. 10 - KANSAS CITY (Cont«d) East St, Louis &Nat»l Omaha, Neb. 31,292 Stock Yards, 111. Pittsburg, Kans, 6,831 1,031 Eldorado, Ark, 1,436 Pueblo, Colo. 3,840 Evansville, Ind, 6,109 St. Joseph, Mo. 5,630 Fort Smith, Ark, 2,688 Topeka, Kans. 5,310 Greenville, Miss, 1,554 Tulsa, Okla. 28,211 Helena, Ark, 431 Wichita, Kans. 12,203 Little Rock, Ark. 8,332 Louisville, Ky, 38,259 DISTRICT NO. 11 - DALLAS 1,649 Memphis, Tenn, 31,625 Abilene, Tex. 1,502 5,523 Owensboro, Ky. Austin, Tex. 5,827 2,039 Pine Bluff, Ark, Beaumont, Tex.' 558 1,699 Quincy,. Ill, Corsicana, Tex. 124,000 47,733 St, Louis, Mo, Dallas, Tex, 6,382 425 Sedalia, Mo, El Paso, Tex, 15,377 3,145 Springfield, Mo, Fort Worth, Tex, 5,597 Texarkana, Ark.(See also Tex.) 455 Galveston, Tex, 47,427 Houston, Tex. 1,832 DISTRICT NO. 9 - MINNEAPOLIS Port Arthur, Tex, 1,025 725 Aberdeen, S. D, Roswell, N. M. 1,786 13,381 Billings, Mont. San Antonio, Tex. 223 11,125 DiclfLnson, N. D. Shreveport, La. Duluth, Minn, 10,093 Texarkana, Tex. 3,750 Fargo, N. D, 1,031 (See also Ark,) 971 2,615 Grand Forks, N. D. Tucson, Ariz* 2,721 2,707 Helena, Mont, Tyler, Tex. 3,048 362 Waco, Tex. Jamestown, N. D. 3,497 La Crosse, U s . 1,967 Wichita Falls,Tex. Minneapolis, Minn. 75,303 Minot, N. D. 763 DISTRICT NO. 12 - SAN FRANCISCO Red Wing, Minn. Bakersfield, Calif. 4,573 493 1,590 St. Paul, Minn, Bellingham, Wash. 42,695 Sioux Falls, S,D. 3,497 Berkeley, Calif. 4,575 3,160 South St. Paul, Minn, 4,957 Boise, Idaho 1,434 Superior, Wis, 1,117 Eugene, Ore, 1,709 Winona, Minn, Everett, Wash. 1,423 7,010 Fresno, Calif, 9,487 DISTRICT NO. 10 - KANSAS CITY Long Beach, Calif, 3,098 Albuquerque, N. M. 214,813 Los Angeles, Calif, 23,036 694 Atchison, Kans. Oakland, Calif, 5,349 7,350 Bartlesville, Okla. Ogden> Utah 6,463 Casper, Wyo, 1,353 Pasadena, Calif. ' _ i_ 9,84l 1,800 Cheyenne, Wyo. Phoenix, Ariz. 39,970 2,909 Colorado Springs, Colo, Portland, Ore. 2,441 38,828 Denver, Colo. Reno, Nev. 24,988 Enid, Okla. 2,205 Sacramento, Calif. 618 3,916 Fremont, Neb. Salem, Ore. 13,802 812 Grand Junction, Colo, Salt Lake City, Utah 4o4 2,643 Guthrie, Okla, San Bernardino, Calif. 3,038 11,685 Hutchinson, Kans, San Diego, Calif. 548 232,952 Independence, Kans, San Francisco, Calif. 5,757 Joplin,Mo. 2,055 San Jose, Calif. 3,781 3,167 Kansas City, Kans. Santa Barbara, Calif. 42,097 Kansas City, Mo. 68,909 Seattle, Wash. 9,116 865 Lawrence, Kans, Spokane, Wash. Lincoln, Neb, 4,082 5,491 Stockton, Calif. 2,004 7,602 Muskogee, Okla. Tacoma, Wash. 1,371 Oklahoma City, Okla. 26,132 Walla Walla, Wash. 2,692 Okmulgee, Okla. 613 Yakima, Wash. _ Note: Bank debits not previously reported for week ended February 23, 19381 Jackson, Miss., 3,773*