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Fbrm FR-285

STATEMENT FOR THE PRESS

For inflti ate release
tffri

BANK DEBITS

Board of Governors
of the Federal Reserve System
May 21, 1938

Debits to individual accounts, as reported by banks in leading cities for the
week ended May 18, aggregated $7,539,000,000, or 5 percent above the total re- _
ported for the preceding week and l4 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 $6,904,000,000, compared with $6,630,000,000
the preceding week and $8,064,000,000 the week ended May 19 of last year.

SUMMARY BY FEDERAL RESERVE DISTRICTS
thousands of dollars)
e n d e d
W e e k
Number
Federal
May 11,
May 18,
of centers
Reserve
1938
included
District
1938
382,165
419,812
No. 1 - Boston
17
3,446,334
3 206,121
2 - New York
15
338,500
406,492
3 - Philadelphia
*
18
431,805
497,291
4 - Cleveland
25
236,790
274,476
5 - Richmond
24
194,524
225,643
6 - Atlanta
26
901,215
1 028,108
7 - Chicago
4l
187,717
229,611
8 - St. Louis
16
l4l,646
148,089
9 - Minneapolis
17
213,094
270,242
10 - Kansas City
27
161,327
203,550
11 - Dallas
18
562,136
629,175
12 - San Francisco
29

,
,

TOTAL

7,197,253
7,538,610
273
DEBITS BY BANKS IN EACH REPORTING CENTER
_________(In thousands of dollars)_______, __
_
Week ended
May 18, 1938

DISTRICT NO. 1 - BOSTON
Bangor, Maine
Boston, Mass.
Brockton, Mass.
Burlington, Vt.
Fall River, Mass*
Hartford, Gonn*
Holyoke, Mass*
Lowell, Mass.'
Lynn, Mass.
Manchester, N. H.
New Bedford, Maps*
New Haven, Conn*
Portland, Maine
Providence, R. I .
Springfield, Mass*
Waterbury, Conn*
Worcester, Mass*
STRICT 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.



3,143
263,837
3,666
2,484

3,863

43,049
2,291
3,163
4,175
3,538
3,527
15,437
7,534
27,024
14,860
6,389
11,832
36,408
5,083
49,448
3,482
2,551
3,850
68,076
2,936,567

May 19,
1937
522,754
3,716,713
441,216

612,988
314,699
245,732
1,265,292
279,141
167,514
304,627
220,291
720,960
8,811,927

Week ended
May 18, 1938

DISTRICT NO. 2 - NEW YORK (Cont’d)
Northern New Jersey
Clearing House Ass’n
36,677
Passaic, N, J .
5,983
Poughkeepsie, N. Y.
2,937
Rochester, N. Y*
24,338
Stamford, Conn.
4,708
Syracuse, N. Y.
18,955
Utica, N. Y*
7,058
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.

5,764
2,201
9,556
2,609
8,U_3
2,425
3,334
5,072
1,635
2,028
302,747
7,702
10,111
14,859
4,984
2,222
16,039
5,091

Form FH-285-a
DEBITS BY BANKS IN EACH REPORTING CENTER
(In thousands of dollars)______
Week ended
May 18, 1938

Week ended
May 18, 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

14,409
1,985
7,039
71,347
147,971
38,082
15,992
6,018
739
1,625
2,600
668
4,704
3,555
1,146
1,886
2,191
125,850
3,707
2,112
24,767
2,038
5,989
8,914
1,957

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. 0,
Richmond, Va.
Roanoke, Va.
Spartanburg, S.C .
Washington, D, C*
Wilmington, N. C,
Winston-Salem, N. C,

3,029
78,566
4,370
10,903
13,130
6,643
1,848
1,466
5,189
4,432
4,300
1,944
3,748
3,286
1,746
10,192
907
7,736
30,862
6,532
1,956
60,394
2,545
8,752

DISTRICT NO. 6 - ATLANTA
Albany, Ga,
Atlanta, Ga.
Augusta, Ga,
Birmingham, Ala*
Brunswick, Ga,
Chattanooga, Tenn,
Columbus, Ga,
Dothan, Ala,

951
46,306
3,454
19,122
583
9,155
3,019
633




DISTRICT NO, 6 - ATLANTA (Cont*d)
280
Elberton, Ga*
913
Hattiesburg, Miss*
5,556
Jackson, M ss*
16,537
Jacksonville, Fla*
6,896
Knoxville, Tenn*
2,978
Macon, Ga*
1,985
Meridian, Miss*
8,962
Miami, Fla*'
8,642
Mobile, Ala*
4,364
Montgomery, Ala*
18,389
Nashville, Tenn*
340
Newnan, Ga*
48,555
New Orleans, La*
2,078
Pensacola, Fla,
6,024
Savannah, Ga*
6,625
Tampa, Fla*
782
Valdosta, Ga*
2,514
Vicksburg, Miss,
DISTRICT NO. 7 - CHICAGO
Adrian, Mich,
Aurora, 111#
Battle Creek, Mich,
Bay City, Mich.
Bloomington, 111#
Cediar Rapids, Iowa
Champaign-Urbana, 111*
Chicago, 111*
Clinton, Iowa
Danville, 111*
Davenport, Iowa
Decatur, 111#
Des Moines, Iowa
Detroit, Mich,
Dubuque, Iowa
Elgin, ELL*
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*
Spring field, 111#
Terre Haute,Ind*
Waterloo, Ioi7a

762
2,936
3,036
2.309
3,410
5,206
3,282
581,389
1,369
2,139
4,819
3,902
20,394
184,821
2,034
1,768
5,154
7,875
2,989
11,049
3,464
1,634
42,121
3,136
4,407
5,077
1,642
2,109
53,367
2,126
791
2,275
13,351
5,299
4.309
2,945 •
7,807
7,919
5,372
4,475
3,839

Form Fft-285-b
DEBITS BY BANKS IN EACH REPORTING} CENTER
______________________ (In thousands of dollars)______
Week ended
May 18, 1938

Week ended
May 18 , 1938
DISTRICT NO. 8 - ST, LOUIS
East St, Louis & Nat’l
Stock Yards, 111,
7,101
1,178
Eldorado, Ark*
Evansville, Ind*
6,525
Fort Smith, Ark,
2,439
Greenville, Miss.
821
Helena, Ark,
393
Little Rock, Ark.
8,246
Louisville, Ky,
35,030
Memphis, Tenn,
22,670
Owensboro, Ky,
1,277
Pine Bluff, Ark,
1,650
Quincy, 111 ,
1,872
St, Louis, Mo,
135,900
Sedalia, Mo*
427
Springfield, Mo,
3,413
Texarkana, Ark,(See also Tex,) 669
DISTRICT NO. 9 - MINNEAPOLIS
Aberdeen, S. D,
Billings, Mont*
Dickinson, N. D,
Duluth, Minn,
Fargo, N. D,
Grand Forks, 11. 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,

986
2,168
298
8,837
3,864

1,116
1,952
361
2,105
76,766
881
457
37,914
3,551
4,070
.
949
1,814

DISTRICT NO. 10 - KANSAS CITY
Albuquerque, N. M*
3,341
Atchison, Kan3*
669
Bartlesville, Okla*
7,755
Casper, Wyo.
1,332
Cheyenne, Wyo,
l,84l
Colorado Springs, Colo.
2,655
Denver, Colo,
33,345
Enid, Okla,
3,016
Fremont, Neb,
589
Grand Junction, Colo*
Guthrie, Okla,
393
Hutchinson, Kans,
2,352
Independence, Kans,
638
Joplin, Mo.
2,241
Kansas City, Kans,
3,870
Kansas City, Mo,
67,096
Lawrence, Kans*
815
Lincoln, Neb,
6,909
Muskogee, Okla*
1,784
Oklahoma City, Okla,
24,766
Oknjulgee, Okla,
644
Note I

DISTRICT NO. 10 - KANSAS CITY(Cont*d)
32,356
Omaha, Neb*
796
Pittsburg, Kans,
2,634
Pueblo, Colo.
St. Joseph, Mo,
5,781
Topeka, Kans*
3,269
48,288
Tulsa, Okla,
Wichita, Kans,
11,067
DISTRICT NO. 11 - DALLAS
Abilene, Tex,
Austin, Tex,
Beaumont, Tex.
Corsicana, Tex,
Dallas, Tex,
El Paso, Tex*
Port 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,

2,319
8,431
6,452
763
57,892
5,896
18,701
8,267
49,994

2,121
1,019

16,290
11,165

3,202
2,929
4,525

DISTRICT NO. 12 - SAN FRANCISCO
Bakersfield,Calif.
3,965
Bellingham, Wash*
1,522
Berkeley, Calif*
4,618
Boise, Idaho
3,632
Eugene, Ore*
1,798
Everett ,Wash*
1,712
Fresno, Calif*
6,720
Long Beach, Calif*‘
8,679
Los Angeles, Calif*
193,019
24,466
Oakland, Calif*
Ogden, Utah
3,362
Pasadena, Calif*
5,909
Phoenix, Ariz*
9,819 .
Portland, Ore*
36,448 '
Reno, Nev,
2,483
Sacramento, Calif*
36,761
Salem, Ore*
3,009
Salt Lake City, Utah
14,096
San Bernardino, Calif,
2,998
San Diego, Calif.
11,585
San Francisco, Calif,
176,583
San Jose, Calif*
5,230
Santa Barbara, Calif,
2,591
Seattle, Wash.
41,353
Spokane, Wash,
10,173
Stockton, Calif*
4,651
Tacoma, Wash.
7,709
Walla Walla, Wash,
1,313
Yakima, Wash,
2,951

Banlc debits not previously reported for week ended May 1 1 , 1938*
Jackson, M iss,, 4,644,
Revised figures I Brunswick, G a ,, 624,




928
2,656