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Form FRr-285

STATEMENT FOR THE PRESS

For immediate release

BANK DEBITS

Board of Governors
of the Federal Reserve System
.October 3, 1938

Debits to individual accounts, as reported by banks in leading cities for the
week ended September 28, aggregated $6,7*7,000,000, or 22 percent below the total
reported for the preceding week and 17 percent below the total for the correspond­
ing week of last year#
Aggregate debits for the 1*1 cities for which a separate total has been main­
tained since January 1919 amounted to $6,160,000,000, compared with $7,920,000,000
the preceding week and $7 ,* 68,000,000 the week ended September 29 of last year*

Federal
Reserve
District
No* 1
2
3
*
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

SUMMARY BY FEDERAL RESERVE DISTRICTS
(in thousands of dollars)________
Number
e e k
end e d
of centers
Sept. 28,
Sept. 21,
Sept, 29,
Included
1938
1938
1937
*37,056
**1,54)
17
321,7*1
3,933,861
3,559,958
15
2 , 836,*67
18
3*0,965
*17,385
369,3*1
25
*30,639
573,305
517,337
2*
300,279
285,022
251,093
26
210,036
*2*7,15*
227,3*5
*1
1,167,356
1,011,*90
1,131,023
16
21*,*1*
251,581
25*,135
139,0*6
17
167,5*2
162,*95
28
292,066
260,117
273,285
18
227,221
175,715
199,565
676,102
29
555,760
659,5**

6 ,7*7 ,*83
*8,6 05 ,6*5
27*
DEBITS BY BANKS IN EACH REPORTING CENTER
Weelf ended
Sept. 28, 1938

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 2DRK
' 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,

2,673
215,00*
2,880
1,871
2,730
2*,833
1,615
2,721
3,798
2,332
2,721
10,727

6,926
16,770
10,70*
*,5 *6
8,890

57,128
3,939
*2,387

2,526
2,323
2,730
79,*29
2,560,570

*Revised to included debits of three
this year approximately $1,700,000




8,165,853

Week ended
Sept. 28, 1938
DISTRICT NO* 2 - NEW YORK (Cont*d)
Northern New Jersey
31,857
Clearing House Ass*n
5,636
Passaic, N. J,
2,*22
Poughkeepsie, N, Y#
21,772
Rochester, N. Y,
Stamford, Conn#
2,981
Syracuse, N. Y,
1*,9 88
Utica, N. Y,
5,779

.
DISTRICT NO. 3 - PHILADELPHIA
. *,296
Allentown, Pa.
2,058
Altoona, Pa.
8,377
Camden, N. J,
2,729
Chester, Pa,
7,781
Harrisburg, Pa,
2,700
Hazleton, Pa,
2,**0
Johnstown, Pa.
5,070
Lancaster, Pa,
Lebanon, Pa,
1,3*5
Norristown, Pa,
1,999
Philadelphia, Pa.
2*7,97*
Reading, Pa,
7,785
Scranton, Pa.
8,161
Trenton, N. J .
"
11,097
Wilkes-Barre, Pa,
*,8 2 * ^
Williamsport, Pa.
1,892
Wilmington, Del.
16,358
York, Pa#
*,079
additional -banks.in "Miami, averaging
per week.

Form FR-285-a
DEBITS BY BANKS IN EACH REPORTING CENTER
(in thousands of dollars)_______
Week ended
Sept, 28, 1938
DISTRICT NO. 4 - CLEVELAND
Akronj 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

12,237
1,767
6,312
69,252
99,980
36,113
11,970
5,450
589
1,483
1,999
434
4,418
2,720
822
1,891
1,946
126,160
3,108
2,218
21,504
1,931
5,456
9,44o

1,439

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.
Winstonr-Salem, N. C,.

2,501
59,602
3,657
9,229
11,566
5,387
1,647
2,271
11,661
3,476
4,045
1,830
3,065
3,051
1,781
10,225
865
8,825
40,568
4,806
1,967
48,687
2,551
7,830

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

1,155
42,235
3,303
16,665
449
7,532
2,676
736

Week ended
Sept, 28, 1938
DISTRICT" to. 6 - ATLANTA (Cont!d)
-218
Elberton, Ga#
981
Hattiesburg, Miss*
Jackson, Miss*
8,197
Jacksonville, Fla,
12,555
Knoxville, Tenn*
5*463
Macon, Ga,
3,105
Meridian, Miss*
2,467
* Miami, Fla,
6,570
Mobile, Ala,
8j666
Montgomery,Ala*
5,088
Nashville, Tenn*
17,509
Newnan, Ga,
277
New Orleans, La,
48,121
Pensacola,Fla*
1,510
Savannah, Ga*
6,680
Tampa, Fla*
5,338
Valdosta, Ga*
748
Vicksburg, Miss*
1,792
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, 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*
Springfield, 111*
Terre Haute, Ind*
Waterloo, Iowa

598
2,060
2,499

2,136
2,652
5,181
2,787
603,958
1,217
1,953
4,567
3,*03
25,622
165,405
2,011
1,503
- 6,048
5,852
, 2,939
9,928
3,050
1,503
37,894
2,832
3,733
4,321
1,061
1,895
49,053
1,198
841
1,705
12,206
4,591
3*820
3,295
7,865
6,343
4,683
3,748
3,534

"^Beginning this week Miami fi^xres-include debits of three additional reporting
banks, averaging approximately 20 percent of the -totals previously Teported
for Miami,



Form FR-285-b
DEBITS BY BANKS IN EACH REPORTING CENTER
(in thousands of dollars)______
Week ended
Sept, 28, 1938

Week ended
Sept, 28, 1938
DISTRICT NO. 8 - ST. LOUIS
East St. Louis & Nat«l
7,896
Stock Yards, 111*
1,465
Eldorado, Ark,
5,934
Evansville, Ind,
3,532
Fort Smith, Ark.
1,136
Greenville,'Miss,
580
Helena, Ark,
9,048
Little Rock, Ark,
32,516
Louisville, Ky.
30,790
Memphis, Tenn,
1,423
Owensboro, Ky,
2,786
Pine Bluff, Ark,
Quincy, 111,
1,623
n i , 4oo
St, Louis, Mo,
362
Sedalia, Mo,
Springfield, Mo,
3,033
890
Texarkana, Ark,(See also Tex.)
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,
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,
Note*

995
2,149
203
8,945
3,911
1,294
1,889
334
1,638
73,027
825
339
31,709
3,418
6,198
1,062
1,110
2,871
554
6,161
1,087
l,64l
4,393
35,881
2,188
497
789
398
2,020
621
1,888
4,155
68,045
703

5,600

2,294
21,656

636

DISTRICT H O .'10 - KANSAS CITY (Cont’d)
31,726
Omaha, Neb,
8l4
Pittsburg, Kans,
14,910
Pueblo, Colo,
5,910
St. Joseph, Mo,
3,803
Topeka, Kans,
29,657
Tulsa, Okla,
9,219
Wichita, Kans,
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*
9
Wichita Falls, Tex*

~

1^

H 47
4,839
909

48,834
5,751
17,291
4,850
48,177
1,959
760
13,215
10,157

973
1,908
2,518
3,023
3,218

DISTRICT NO. 12 - SAN FRANCISCO
Bakersfield, Calif,
3,372
l,4l6
Bellingham, Wash,
Berkeley, Calif,
3,473
3,616
Boise, Idaho
1,616
Eugene, Ore,
1,690
Everett, Wash,
6,710
Fresno, Calif,
7,867
Long Beach, Calif,
167,709
Los Angeles, Calif,
18,708
Oakland, Calif,
3,306
Ogden, Utah
4,678
Pasadena, Calif,
7,005
Phoenix, Ariz,
33,117
Portland, Ore,
2,509
Reno, Nev,
26,282
Sacramento, Calif,
3,598
Salem, Ore,
13,086
Salt Lake City, Utah
2,356
San Bernardino, Calif.
9,661
San Diego, Calif,
San Francisco, Calif,
160,185
6,078
San Jose, Calif,
Santa Barbara, Calif.
2,545
Seattle, Wash,
40,872
Spokane,Wash,
8,974
Stockton, Calif,
4,174
Tacoma,Wash,
6,792
Walla Walla, Wash,
1,303
Yakima,Wash,
3,062

Bank debits not previously reported for week ended
September 21, 1938*
Providence, R. I * , 31,34-9,




2,086