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Form FR-285

STATEMENT FOR THE PRESS

For immediate release

BANK DEBITS

Board of Governors
of the Federal Reserve System
March 6 , 1939

Debits to individual accounts, as reported by banks in leading cities for the
week ended March 1, aggregated 08,689,000,000, or >4 percent above the total re­
ported for the preceding week, which included only five business days, and 1 per­
cent above the total for the corresponding v/eel: of last year*
Aggregate debits for the l4l cities for which a separate total has been main­
tained since January 1919 amounted to $8,010,000,000, compared with $5,922,000,000
the preceding neek and $7,912,000,000 the week ended March 2 of last year.

SUMMARY BY FEDERAL RESERVE DISTRICTS
(in thousands of dollars)
Number
W e e k ended
of centers
Feb. 22,
Mar. 1,
Mar. 2,
included
1939
1938
1939
17
487,454
353,808
466,338
15
3,887,281
2,885,338
3,867,163
18
452,528
440,683
335,449
25
530,148
524,036
398,539
24
305,356
291,976
225,173
26
261,400
200,858
238,303
4l
1,204,492
1,223,983
849,145
16
244,074
198,232
230,530
17
146,790
110,937
153,132
28
261,024
263,020
210,197
18
184,466
209,587
178,038
29
518,710
696,957
701,321
274
8,689,087
.6,470,852
8,576,527

Federal
Reserve
District
No. 1 - Boston
2 - New York
3 - Philadelphia
■4 - Cleveland
5 - Richmond
6 - Atlanta
7 - Chicago
8 - St. Louis
9 - Minneapolis
10 - Kansas City
11 - Dallas
12 - San Francisco
______

TOTAL

DEBITS BY BANKS IN EACH REPORTING CENTER

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,
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, IT. Y,



Week ended
Mar. 1, 1939
■
3,087
321,398
3,761
2,127
4,247
44,44o

2,637

3,213
*
4,179
3,671
3,593
17,918
7,450
33,409
13,651
6,197
12,476
%

77,891
4,930
56,682
3,415
2,797
3,349
76,740
3,547,947

'Week ended
Mar, 1, 1939
DISTRICT NO, 2 - NEW YORK (Cont’d)
Northern New Jersey
Clearing House Ass’n
39,595
Passaic, N. J,
6,834
Poughkeepsie, N, Y.
4,254
Rochester, II.'Y*
29,573
Stamford,Conn,
4,132
Syracuse, N. Y,
20,482
8,660
Utica, N. Y,
•
DISTRICT NO. 3 - PHILADELPHIA
5,806
Allentosjn, Pa*
Altoona, Pa*
2,369
Camden, N.J*
10,789
3,036
Chester, Pa,
8,508
Harrisburg, Pa,
3,748
Hazleton, Pa,'
Johnstown, Pa*
3,445
7,000
Lancaster, Pa,
1,590
Lebanon, Pa,
2,181
Norristown, Pa,
Philadelphia, Pa,
324,931
8,324
Reading, Pa,‘
Scranton, Pa,
11,071
Trenton, N. j.
25,097
Wilkes-Barre, Pa,
5,515
Williamsport, Pa.
2,287
Wilmington, Del.
21,918
York, Pa,
4,913

Fom FR-2o5-a
DEBITS BY BANKS IN EACH REPORTING CENTER
______ (in thousands of dollars)_______
Week ended
Week ended
Mar. 1, 1939
Mar. 1, 1939
DISTRICT HO. 4 - CLEVELAND
DISTRICT NO. 6 - ATLANTA (Cont’d)
Akron, Ohio
Elberton, Ga.
296
16,095
Butler, Pa.
Hattiesburg, Mss.
1,320
2,079
Canton, Ohio
Jackson, Miss.
8,171
7,895
Cincinnati, Ohio
75,890
Jacksonville, Fla.
20,188
Cleveland, Ohio
Knoxville, Tenn.
7,359
126,905
Columbus, Ohio
Macon, Ga.
3,492
39,749
Dayton, Ohio
14,855
Meridian, Miss.
2,463
Erie, Pa.
6,078
Miani, Fla.
15,888
Franklin, Pa.
565
Mobile, Ala.
9,029
1,661
Greensburg, Pa.
Montgomery, Ala.
5,364
Hanilton, Ohio
2,465
Nashville, Tenn.
20,275
Homestead, Pa.
649
Herman, Ga.
398
Lexington, Ky.
4,539
Ne%7 Orleans, La.
57,642
Lima, Ohio
2,942
Pensacola, Fla.
1,953
996
Lorain, Ohio
Savannah, Ga.
7,137
Middletown, Ohio
2,202
Tampa, Fla.
7,665
Oil City, Pa.
2,255
Valdosta, Ga.
768
Pittsburgh, Pa.
164,469
Vicksburg, Mss.
1,606
Springfield, Ohio
4,266
Steubenville, Ohio
2,528
DISTRICT NO. 7 — CHICAGO
Toledo, Ohio
26,450
Adrian, Mich.
769
Warren, Ohio
2,208
Aurora, 111.
2,913
Wheeling, W. Va.
8,680
Battle Creek, Mich.
2,907
Youngstown, Ohio
11,570
Bay City, Mich.
2,151
Zanesville, Ohio
Bloomington, 111.
2,620
2,157
Cedar Rapids, Iowa
6,123
DISTRICT NO. 5 - RICHMOND
Champaign-Urbana, 111,
3,553
Asheville, N. C.
2,772
Chicago, 111.
655,594
Baltimore, Md.
93,432
Clinton, Iowa
1,326
Charleston, S. C.
4,130
Danville, 111.
2,173
Charleston, W. Va.
12,678
Davenport, Iowa
4,939
Charlotte, N. C.
14,011
Decatur, 111.
3,933
Columbia, S. C.
Des Moines, Iovia.
21,097
6,253
Cumberland, Md.
1,881
Detroit, Mich.
265,136
Danville ,Va.
1,922
Dubuque, Iowa
2,208
6,564
Durham, N. C.
Elgin, 111.
1,740
4,268
Greensboro, N. C.
Flint,Mich.
7,518
Greenville, S. C.
4,092
Fort Wayne, Ind.
6,4-92
1,872
Hagerstown, Md.
Gary, Ind.
3,932
4,019
Huntington, W. Va.
Grand Rapids, Mich.
12,,4l6
3,199
Lynchburg, Va.
Green Bay, Wis.
3,675
Newport News, Va.
2,299
Hammond, Ind.
1,711
Norfolk, Va.
11,942
Indianapolis,Ind.
45,244
Portsmouth, Va.
1,043
Jackson,Mich«
3,818
Raleigh, N. C.
10j007
Kalamazoo, Mich.
4,605
Richmond, Va.
36,668
Lansing, Mich.
4 ,336
Roanoke, Va.
6,246
Manitowoc, Wis.
1,234
Spartanburg, S. C.
2,052
Mason City, Iowa
2,365
Washington, D. C,
61,528
Milwaukee, Wis.
63,443
Wilmington, N. C.
2,618
Moline, 111,
2,082
Winston-Salem, N. C.
9,860
Muscatine, Iowa
qqq
Oshkosh, Wis.
2,254
DISTRICT HO. 6 - ATLANTA
Peoria, 111.
12,945
Albany, Ga.
1,425
Rockford, 111.
5,521
Atlanta, Ga.
Saginaw, Mich.
L, 535
50,524
Augusta, Ga.
Sheboygan, Wis.
3,857
3,589
Birmingham, Ala.
Sioux City, Iowa
3 ^94
21,616
Brunswick, Ga.
South Bend, Ind.
g 54^
628
Chattanooga, Tenn.
Springfield, 111.
5*592
8,737
Columbus,Ga.
Terre Haute, Ind.
5*513
3,137
Dothan, Ala.
Waterloo, Iowa
4*324
730



Form FR~285“b
DEBITS BY BMKS IN EACH REPORTING CENTER
fin thousands of dollars)
Week ended
Week ended
Mar. 1* 1939
Mar, 1, 1939
DISTRICT NO, 10 - KANSAS CITY (Cont’d)
DISTRICT NO. 8 - ST. LOUIS
36,359
Omaha, Neb,
East St. Louis & Nnt’l
8,262
Pittsburg, Kans,
1,003
Stock Yards, 111.
2,804
1,281
Pueblo, Colo*
Eldorado, Ark.
6,016
6,694
St,
Joseph,
Mo,
Evansville, Ind.
5,297
Topeka, Kans,
Fort Smith, Ark.'
3,043
30,978
Tulsa,
Okla,
Greenville, Miss*
1,527
12,303
Wichita, Kans,
Helena, Ark.
329
Little Rock, Ark.
9,057
40,5-43
DISTRICT NO, 11 - DALLAS
Louisville,Ky.
1,888
Abilene, Tex,
Memphis, Tenn,
27,155
5,916
Austin,
Tex,
Owensboro, Ky,
1,589
6,122
Beaumont, Tex,'
Pine Bluff, Ark.
1,519
604
1,618
Corsicana, Tex,
Quincy, 111.
137,200
St. Louis, Mo.
Dallas, Tex,'
61,453
483
8,671
El Paso, Tex,
Sedalia, Mo,
3,184
18,267
Fort Worth, Tex,
Springfield, Mo,
5,752
Galveston, Tex,
Texarkana, Ark.(See also Tex.) 590
57,774
Houston, Tex,
2,274
DISTRICT NO. 9 - MINNEAPOLIS
Port Arthur, Tex,
971
877
Roswell, N. M,
Aberdeen, S. D,
16,768
2,136
San Antonio, Tex,
Billings, Mont,
10,478
209
Shreveport, La,
Dickinson, N. D,
7,671
Texarkana, Tex,
Duluth, Minn,
946
4,089
Fargo, N. D,
(See also Ark,)
2,843
1,177
Tucson, Ariz,
Grand Forks, N. D.
2,017
2,543
Tyler, Tex,
Helena, Mont,
308
2,921
Waco, Tex,
Jamestown, N. D,
3,490
1,975
Wichita Falls, Tex,
La Crosse, Wis,
71,893
Minneapolis, Minn,
699
DISTRICT NO. 12 - SAN FRANCISCO
Minot, N. D.
4,466
398
Bakersfield, Calif,
Red Wing, Minn,
1,618
40,497
Bellingham, Wash.
St. Paul, Minn,
4,376
4,151
Berkeley, Calif,
Sioux Falls, S. D,
6,122
3,408
Boise, Idaho
South St. Paul, Mirrn,
1,217
1,567
Eugene, Ore,
Superior, Wis,
1,260
Everett, Wash,
Winona, Minn,
1,845
Fresno, Calif,
7,372
DISTRICT NO. 10 - KANSAS CITY
Long Beach, Calif,'
11,139
3,679
Albuquerque, N. M,
Los Angeles, Calif,
234,253
607
22,578
Oakland, Calif,
Atchison, Kans.
3,326
8,319
Bartlesville, Okla,
Ogden, Utah
7,774
Casper, Wyo.
1,341
Pasadena, Calif,
1,927
9,860
Cheyenne, Wyo,
Phoenix, Ariz,
3,588
38,872
Colorado Springs, Colo,
Portland, Ore,
36,927
Reno, Nev,
2,543
Denver, Colo,
1,887
26,076
Sacramento, Calif,
Enid, Okla.
Fremont, Neb,
Salem, Ore,
3,585
531
750
13,824
Salt Lake City, Utah
Grand Junction, Colo,
360
Guthrie, Okla*
San Bernardino, Calif.
3,243
2,786
San Diego, Calif,
Hutchinson, Kans,
11,007
562
206,706
San Francisco, Calif*
Independence, Kans,
2,124
5,761
Joplin, Mo.
San Jose, Calif,
3,434
3,545
Santa Barbara, Calif.
Kansas City, Kans.
64,468
Seattle, Wash,
Kansas City, Mo,
41,993
756
Spokane, Wash,
9,850
Lawrence, Kans,
6,570
4,002
Lincoln, Neb,
Stockton, Calif,
1,998
8,263
Tacoma, Wash,
Muskogee, Okla,
24,948
Walla Walla, Wash,
Oklahoma City, Okla,
1,413
587
Yakima, Wash,
Okmulgee, Okla,
2,803