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Form FR-285

STATEMENT FOR THE PRESS

For Immediate release

BANK DEBITS

Board of Governors
of the Federal Reserve System
November l 4 , 1938

Debits to individual accounts, as reported by banks in leading cities for the
week ended November 9 , which included only five business days in many of the re­
porting centers, aggregated $6 , 688, 000, 000, or 28 percent below the total reported
for the preceding week and 16 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 $6,087,000,000, compared with $ 8 , 635 , 000,000
the preceding week and $7,271,000,000 the week ended November 10 of last year.
SUMMARY BY FEDERAL RESERVE DISTRICTS
(in thousands of dollars)
Number
Week
e n d o d
of centers
Nov. 9,
Nov. 2,
Nov. 10 ,
included
1938
1938
1937

Federal
Reserve
District
No, 1
2
3
4
5
6
7
8
9
10
11
12

— Boston
- New York
- Philadelphia
- Cleveland
~ Richmond
- Atlanta
- Chicago
- St. Louis
- Minneapolis
— Kansas City
- Dallas
- San Francisco
TOTAL

17
15
18
25
24
26
4l
16
17
28
18
29

471,519
2,791,643
326,372
420,671
261,653
223,124
955,762
197,899
134,194
218,312
162 , 677
524t0l6

557,772
4,443,622
449,123
558,025
319,169
235,548
1,224,471
249,672
180,050
260,180
191,529
666,369

490,340
3,618,492
390,364
512,627
301,094
211,865
1,067,523
188,667
157,516
257,873
190,066
587.026

274
-6*6^842■2i22SiS3Q.........7»373t4S
DEBITS BY BANKS IN EACH REPORTING CENTER
_______ (In thousands of dollars)__________
Week ended
Week ended
Nov. 9, 1938
Nov, 9, 1938
DISTRICT NO. 1 - BOSTON
DISTRICT NO. 2 - NEW YORK (Corrt»d)
Bangor, Me,
3,244
Northern New Jersey
Boston, Mass.
309,434
Clearing House Assin
32,551
Brockton, Mass.
4,955
Passaic, N. J,
5,107
Burlington, Vt. '
2,222
Poughkeepsie, N. Y,
2,4Si,
Fall River, Mass,
5,012
Rochester, N. Y,
'
20,361
Hartford, Conn,
40,364
Stamford, Conn.
3,463
Holyoke, Mass.
2,595
Syracuse, N. Y,
14,665
Lowell, Mass,
3,049
Utica , N. Y,
8,291
Lynn, Mass,
5,523
Manchester, N, H.
3,117
DISTRICT NO. 3 - PHILADELPHIA
New Bedford, Mass.
5,052
Allentown, Pa.
4,264
New Haven, Conn,
15,489
Altoona, Pa,
2 ,096'
Portland, Maine
8,610
Camden, N. J ,
8,860
Providence, R. I ,
27,224
Chester, Pa.
2,694
Springfield, Mass.
16,342
Harrisburg, Pa,
6,857
Waterbury, Conn.
6,761
Hazleton, Pa,
2,641
Worcester, Mass.
12,526
Johnstown, Pa,
2,683
Lancaster, Pa,
.
4,673
DISTRICT NO. 2 - NEW YORK
Lebanon, Pa.
1,256
Albany, N. Y,
27,979
Norristown, Pa,
1»9^5
Binghamton, N. Y.
3,672
Philadelphia, Pa,
233,158
Buffalo, N, Y,
40,780
Reading, Pa,
6,862
Elmira, N, I .
2,483
Scranton, Pa,
8,957
Jamestown, N. Y.
2,110
Trenton, N, J,
13,731
Montclair, N, J,
3,366
Wilkes-Barre, Pa,
3,999
Newark, N, J.
59,128
Williamsport, Pa*
2,094
New York, N. Y.
2,565,206
Wilmington, Del.
15,709
York, Pa.
3,893



Form FR-285-a
DEBITS BY BANKS IN EACH REPORTING CENTER
(in thousands of dollars)

Week ended
Nov, 9, 1938
DISTRICT NO. 4 - CLEVELANDAkron, 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
DISTRICT NO. 5 - RICHMOND
Asheville, N. C.
Baltimore, Md.
Charleston, S. C.
Charleston, W. Va,
Charlotte, N. C,
Columbia9 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.
Win9fc0fl«§«3.effl, N. 0.
DISTRICT NO. 6 - ATLANTA
Albany, Ga.
Atlanta, Ga.
Augusta, Ga.
Birmingham, Ala,
Brunswick, Ga,
Chattanooga, Tenn,
Columbus, Ga,
Dothan, Ala,



11,760
1 ,6 1 1
6,796
69,448
100,487
33,042
12,4«3
4,974
570
1,133
2,706
593
5,039
3,007
m
2,109
1,816
113,891
3,220
1,886
25,213
1,578
5,386
9,449
1,581
2,756
64,l48
3,801
9,6l4
12,056
6,805
1,440
4,037
9,197
4.010
4.010
1,553
3,325
2,901
1,563
9,378
805
8,373
35,734
5,324
2,447
57,172
2,361
8,843
1,333
40,997
3,778
17,969
500
9,293
2,983
835

Week ended
Nov. 9, 1938
DISTRICT NO, 6 - ATLANTA (Cont *d)
Elberton, Ga*
248
Hattiesburg, Miss.
993
Jackson, Miss*
7,481
Jacksonville, Fla,
14,811
Knoxville, Tenn*
5,740
Macon, Ga*
3,228
Meridian, Miss*
2,551
Miami, Fla,
7,514
Mobile,. Ala*
9,463
Montgomery, Ala*
5,369
Nashville ,Tenn*
19,637
Newnanr Qa.
441
New Orleans, La*
52,211
Pensacola, Fla*
1,832
Savannah, Ga*
5,762
Tampa, Fla*
5,071
Valdosta,Ga*
976
Vicksburg., Miss,
2,108
DISTRICT NO. 7 - CHICAGO
Adrian, Mich*
Aurora* 1 1 1 *
Battle Creek, Mich,
Bay City, Mich*
Bloomington, 1 1 1 *
Cedar Rapids, Iowa
Champaignr-Urbana, 111 ,
Chicago, 111 ,
Clinton, Iowa
Danville, 1 1 1 *
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, Wis,
Hammond, Ind,
Indianapolis, Ind,
Jackson, Mich,
Kalamazoo, Mich,
Lansing, Mich,
Manitowoc, Wis,
Mason City, Iowa
Milwaukee, Wis,
Moline, 1 1 1 .
Muscatine, Iota
Oshkosh, Wis.
Peoria, 1 1 1 *
Rockford, 1 1 1 *
Saginaw, Mich,
Sheboygan, Wis,
Sioux City, Iowa
South Bend, Ind,
Springfield, 1 1 1 ,
Terre Haute, Ind,
Waterloo, Iowa

700
2,444
2,226
2,243
2,650
4,755
3,373
576,683
1,133
1,869
3,909
3,676
19,320
142,855
2,006
1,637
5,231
6,284
3,096
9,099
2.735
1,271
40,282
2,618
4,054
4,006
1,10 2
2,146 48,026
2,435
m
1.73 6
11,58 1
4,516
2,811
7,206
6,646
4,7 15
4,001
3,514

Form FR-285-b
DEBITS BY BANKS IN EACH REPORTING CENTER
(In thousands of dollars)_________

Week ended
Nov. 9, 1938
DISTRICT NO. 8 - ST. LOUIS
East St. Louis & Nat*l
Stock Yards, 111.
7,227
Eldorado, Ark.
1,062
Evansville, Ind.
5,652
Fort Smith, Ark.
2,458
Greenville, Miss.
l,4l4
Helena, Ark.
594
Little Rock, Ark.
7,678
Louisville, Ky.
32,125
Memphis, Tenn.
28,835
Owensboro, Ky.
1,317
Pine Bluff, Ark.
2,066
Quincy, 111 .
1,527
St. Louis, Mo.
102,300
Sedalia, Mo.
373
Springfield, Ho.
2,564
Texarkana,Ark.(See also Tex.)
707
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,

1,020
2,387
230
10,804
4,051
1,036
2,749
373
1*639
66,080
866
521
30,426
3,439
6,311
1,056
1,206

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.

4,355
528
4,0 83
1,552
1,875
2,452
32,922
1,928
517
897
308
4,794
593
1,770
3,582
55,570
670
6,019
1,520
19,534
488




Week ended
Nov. 9 , 1938

DISTRICT NO. 10 - KANSAS CITY (Cont’d)
31,124
Omaha, Neb,
Pittsburg, Kans.
680
Pueblo, Colo,
3,207
St. Joseph, Mo.
5,034
Topeka, Kans.
3,517
20,026
Tulsa, Okla,
Wichita, Kans,
8,717
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,

1,955
6,900
4,o4l
566
42,995
5,859
16,273
4,531
41,198
2,209
1,680
12,741
9,836
849
2,622
2,225
2,791
3,406

DISTRICT NO, 12 - SAN FRANCISCO
Bakersfield, Calif,
4,899
Bellingham, Wash,
1,139
Berkeley, Calif,
3,985
Boise, Idaho
4,714
Eugene, Ore,
1,16 1
Everett ,Wash,
1,436
Fresno, Calif,
7,759
Long Beach, Calif,
6,970
Los Angeles, Calif,
147.985
Oakland, Calif,
19,794
Ogden, Utah
3,249
Pasadena, Calif,
4,793
Phoenix, Ariz,
9.843
Portland, Ore,
30,296
Reno, Nev,
2,235
Sacramento, Calif,
29,656
Salem, Ore,
3,907
Salt Lake City, Utah
14,360
San Bernardino, Calif,
2,620
San Diego, Calif,
9,il4
San Francisco, Calif.
145.985
San Jose,Calif.
4.844
Santa Barbara, Calif,
2,4oi
Seattle, Wash,
36,461
Spokane, Wash.
9,594
Stockton, Calif,
4,052
Tacoma, Wash,
6,271
Walla Walla, Wash.
1,485
Yakima, Wash,
3,008