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NINTH ANNUAL REPORT
OF THE
FEDERAL RESERVE
BOARD
COVERING OPERATIONS
i t)
WASHINGTON
GOVERNMENT PRINTING OFFICE
1923
DESCRIPTION OF FEDERAL RESERVE DISTRICTS.
Land area Population,
(square
Jan. 1,1923
miles). (estimated)
Federal reserve district.
No. 1—Boston
No. 2—New York
No. 3—Philadelphia....
No. 4—Cleveland
No. 5—Richmond
No. 6—Atlanta
No. 7—Chicago
No. 8—St. Louis
No. 10—Kansas C i t y . . .
No. 11—Dallas
Total
FEDERAL
61,345
51. 890
30,842
73,424
152,314
248,226
190,513
194,810
414,004
473,565
392,989
683,852
7,318,722
13,723,355
6,998,355
10,403,330
10,119,952
10,233,646
10,107,870
9,245,418
5,298,867
7,230,336
6,025,242
7,250,554
2,973,774
109,955,947
R E S E R V E DISTRICTS.
Land area Population,
Jan. 1,1923
(square
miles). (estimated).
District No. 1—Boston.
Connecticut (exclud ing Fairfield County)
Khode Island
District No. 2—New Yo rk
Connecticut (FairfleId County)
New Jersey
Counties of—
Bergen.
Hunterdon.
Essex.
Middlesex.
Hudson.
Monmouth.
New York
•
Cape May.
Cumberland.
Gloucester.
Counties ofColumbia.
Adams.
Cumberland.
Bedford.
Dauphin.
Berks.
Delaware.
Blair.
Elk.
Bradford.
Franklin.
Bucks.
Fulton.
Cambria.
Huntingdon.
Cameron.
Juniata.
Carbon.
Lackawanna.
Center.
Lancaster.
Chester.
Lebanon.
Clearfield.
Lehigh.
Clinton.
•111
7,318,722
4,189
29,895
8,039
9,031
1,067
9,124
1,118,489
775,938
4,002,518
410,948
623,490
351,339
51,890
13,723,355
631
3,605
344.301
2,600,883
47,054
10,778,171
36,842
6,998,355
1,905
3,909
229,394
746,214
30,968
6,022,747
Sussex.
Morris.
Passaic.
Somerset.
Union.
Warren.
District No. 3—Philadel phia
Counties ofAtlantic.
Burlington.
Camden.
61,345
Mercer.
Ocean.
Salem.
Luzerne.
Lycoming.
McKean.
Mifflin.
Monroe.
Montgomery.
Montour.
Northampton.
Northumberland.
Perry.
Philadelphia.
Pike.
Potter.
Schuylkill.
Snyder.
Sullivan.
Susquehanna.
Tioga.
Union.
Wayne.
Wyoming.
York.
415
DESCRIPTION OF FEDERAL RESERVE DISTRICTS.
FEDERAL RESERVE DISTRICTS—Continued.
L a n d area Population,
(square
J a n . 1,1923
miles). (estimated).
d i s t r i c t No. 4—Cleveland
K e n t u c k y (eastern
Counties ofEath.
Bell.
Boone.
Bourbon.
Boyd.
Bracken.
Breathitt.
Campbell.
Carter.
Clark.
Clay.
Elliott.
Estill.
Fayette.
Fleming.
Floyd.
Garrard.
Grant.
Greenup.
Harlan.
Harrison.
Jackson.
Jessamine.
Johnson.
Kenton.
Knott.
Knox.
Laurel.
Counties ofAllegheny.
Crawford.
Armstrong.
Erie.
Beaver.
Fayette.
Butler.
Forest.
Clarion.
Greene.
West Virginia (northern nart}
Counties of—
Brooke.
Marshall.
Hancock.
Ohio,
Lawrence.
Lee.
Leslie.
Letcher.
Lewis.
Lincoln.
McCreary.
Madison.
Magoffin.
Martin.
Mason.
Menifee.
Montgomery.
Morgan.
Indiana.
Jefferson.
Lawrence.
Mercer.
Somerset.
Tyler.
Wetzel.
1 'istrict No. 5—Richmoiid
Mingo.
Monongalia.
Monroe.
Morgan.
Nicholas.
Pendleton.
Pleasants.
Pocahontas.
Preston.
Putnam.
Raleigh.
Randolph.
Ritchie.
Evangeline.
Iberia.
Iberville,
Jefferson.
Jefferson Davis.
Lafayette.
I-afourche.
Livingston.
Orleans.
Plaquemines.
P o i n t e Coupee.
Rapides.
St. Bernard.
St. Charles.
St. Helena.
St. James.
St. John t h e B a p tist.
St. L a n d r y .
St. Martin.
St. Mary.
St. T a m m a n y .
1,137,941
40,740
13,864
6,066,019
3,023,250
1,206
176,120
152,314
10,119,952
60
9,941
48,740
30,495
40,262
22,816
470,481
1,497,347
2,668,153
1,735,739
2,385,690
1,362,542
Venango.
Warren.
Washington.
Westmoreland.
-
Roane.
Summers.
Taylor.
Tucker.
Upshur.
Wayne.
Webster.
Wirt.
Wood.
Wyoming.
District N o 6— \ t l a n t a
Parishes of—
Acadia.
Allen.
Ascension.
Assumption.
Avoyelles.
Beauregard.
Calcasieu.
Cameron.
East Baton
Rouge.
E a s t Feliciana.
10,403 330
17,014
Nicholas.
Owsley.
Pendleton.
Perry.
Pike.
Powell.
Pulaski.
Robertson.
Rockcastle.
Rowan.
Scott.
Whitlev.
Wolfe."
Woodford.
District of Columbia
Counties of—
Barbour.
Hardy.
Berkeley.
Harrison.
Boone.
Jackson.
Braxton.
Jefferson.
Kanawha.
Cabell.
Calhoun.
Lewis.
Clay.
Lincoln.
Doddridge.
Logan.
Fayette.
McDowell.
Gilmer.
Marion.
Mason.
Grant.
Greenbrier.
Mercer.
Hampshire.
Mineral.
73,424
Tangipahoa.
Terrebonne.
Vermilion.
Vernon.
Washington.
West Baton
Rouge.
West Feliciana.
,
.
.
248,226
10,233,946
51,279
54,861
58,725
26,891
2,413,092
1,035,170
2,984,429
1,279,929
416
AXNUAL REPORT OF THE FEDERAL RESERVE BOARD.
FEDERAL RESERVE DISTRICTS—Continued.
L a n d area [Population,
(square ; J a n . 1,1923
miles), (estimated).
District No. 6—Atlanta—Continued.
Counties of—
Harrison.
Adams.
Amite.
Hinds.
Claiborne.
Issaquena.
Clarke.
Jackson.
Copiah.
Jasper.
Covington.
Jefferson.
Forrest.
Jefferson Davis.
Franklin.
Jones.
George.
Kemper.
Greene.
Lamar.
Hancock.
Lauderdale.
Tennessee (eastern p a r t i
Counties of—
Anderson.
Giles.
Bedford.
Grainger.
Bledsoe.
Greene.
Blount.
Grundy.
Bradley.
Hamblen.
Camprjell.
Hamilton.
Cannon.
Hancock.
Carter.
Hawkins.
Cheatham.
Hickman.
Claiborne.
Houston.
Clay.
Humphreys.
Cocke.
Jackson.
Coffee.
Jefferson.
Cumberland.
Johnson.
Davidson.
Knox. '
Dekalb.
Lawrence.
Dickson.
Lewis.
Fentress.
Lincoln.
Franklin.
Loudon.
Scott.
Sharkey.
Simpson.
Smith.
Stone.
Walthall.
Warren
Wayne.
Wilkinson.
Yazoo.
McMinn.
Macon.
Marion.
Marshall.
Maury.
Meigs.
Monroe.
Montgomery.
Moore.
Morgan.
Overton.
Perry.
Pickett.
Polk.
Putnam.
Rhea.
Roane.
Robertson.
Rutherford.
Scott.
Sequatchie.
Sevier.
Smith.
Stewart.
Sullivan.
Sumner.
Trousdale.
Unicoi.
Union.
Van Buren.
Warren.
Washington.
Wavne.
White.
Williamson.
Wilson.
District No. 7—Chicago
M5.220
30,951 ;
l,67t>,l0ti
190,513 1 16,107,870
Illinois (northern p a r t i
..
Counties ofBoone.
Ford.
Bureau.
Fulton.
' Carroll.
Grundy.
Cass.
Hancock.
Champaign.
Henderson.
Christian.
Henry.
Clark.
Iroquois.
Coles.
Jo Daviess.
Cook.
Kane.
Cumberland.
Kankakee.
De K a l b .
Kendall.
De W i t t .
Knox.
Douglas.
Lake.
Du Page.
La Salle.
Edgar.
Lee.
Counties ofAdams.
Allen.
Bartholomew.
Benton.
Blackford.
Boone.
Brown.
Carroll.
Cass.
Clay.
Clinton.
Dearborn.
Decatur.
Dekalb.
Delaware.
Elkhart.
Fayette.
25,519 '
1
Lawrence.
Leake.
Lincoln.
Madison.
Marion.
Neshoba.
Newton.
Pearl River.
Perry.
Pike.
Rankin.
Fountain.
Franklin.
Fulton.
Grant.
Hamilton.
Hancock.
Hendricks.
Henry.
Howard.
Huntington.
Jasper.
Jay.
Jennings.
Johnson.
Kosciusko.
Lagrange.
Lake.
Livingston.
Logan.
McDonough.
McHenry.
McLean."
Macon.
Marshall.
Mason.
Menard.
Mercer.
Moultrie.
Ogle.
Peoria.
Piatt.
Putnam.
Rock I s l a n d .
Sangamon.
Schuyler.
Shelby.
Stark.
Stephenson.
Tazewell.
Vermilion.
Warren.
Whiteside.
Will.
Winnebago.
Woodford.
Laporte.
Madison.
Marion.
Marshall.
Miami.
Monroe.
Montgomery.
Morgan.
Newton.
Noble.
Ohio.
Owen.
Parke.
Porter.
Pulaski.
Putnam.
Randolph.
Ripley.
Rush.
St. Joseph.
Shelby.
Starke.
Steuben.
Tippecanoe.
Tipton.
Union.
Vermilion.
Vigo.
Wabash.
Warren.
Wayne.
Wells.
White.
Whitley.
35,44S '
5,482,878
26,707
2 399 593
55.586
2.159.411
DESCRIPTION OF FEDERAL RESERVE DISTRICTS.
FEDERAL RESERVE
417
DISTRICTS—Continued.
Land area Population,
(square Jan. 1,1923
miles), (estimated).
District No. 7—Chicago—Continued.
Michigan (southern part)
Counties of—
Alcona.
Eaton.
Allegan.
Emmet.
Alpena.
Genesee.
Antrim.
Gladwin.
Arenac.
Grand Traverse.
Barry.
Gratiot.
Bay.
Hillsdale.
Benzie.
Huron.Berrien.
Ingham.
Branch.
Ionia.
Calhoun.
Iosco.
Cass.
Isabella.
Charlevoix.
Jackson.
Cheboygan.
Kalamazoo.
Claire.
Kalkaska.
Clinton.
Kent.
Crawford.
Lake.
Wisconsin (southern part)
Counties of—
Adams.
Green Lake.
Brown.
Iowa.
Calumet.
Jackson.
Clark.
Jefferson.
Columbia.
Juneau.
Crawford.
Kenosha.
Dane.
Kewaunee.
Dodge.
Lafavette.
Door.
Langlade.
Fond dn Lac.
Manitowoc.
Grant.
* Marathon.
Green.
Marinette.
Lapeer.
Leelanau.
Lenawee.
Livingston.
Macomb.
Manistee.
Mason
Mecosta.
Midland.
Missaukee.
Monroe.
Montcalm.
Montmorency.
Muskegon. '
Newaygo.
Oakland.
Oceana.
Ogemaw.
Osceola.
Oscoda.
Otsego.
Ottawa.
Presque Isle.
Roscommon.
Saginaw.
St. Clair.
St. Joseph.
Sanilac.
Shiawassee.
Tuscola.
Van Buren.
Washtenaw.
Wayne.
Wexford.
Marquette.
Milwaukee.
Monroe.
Oconto.
Outagamie.
Ozaukee.
Portage.
Racine.
Richland.
Rock.
Sauk.
Shawano.
Sheboygan.
Vernon.
Walworth.
Washington.
Waukesha.
Waupaca.
Waushara.
Winnebago.
Wood.
!
District No. S—St. Louis
Arkansas
Illinois (southern part)
Counties of—
Adams.
Franklin.
Alexander.
Gallatin.
Bond.
Greene.
Brown.
Hamilton.
Calhoun.
Hardin.
Clay.
Jackson.
Clinton.
Jasper.
Crawford.
Jefferson.
Edwards.
Jersey.
Effingham.
Johnson.
Fayette.
Lawrence.
I ndiana (southern part)
Counties of—
Clark.
Greene.
Crawford.
Harrison.
Daviess.
Jackson.
Dubois.
Jefferson.
Floyd.
Knox.
Gibson.
Lawrence.
K ent ucky (western part)
:
Counties of—
Adair.
Crittenden.
Allen
Cumberland.
Anderson.
Daviess.
Ballard.
Edmonson.
Barren.
Franklin.
Boyle.
Fulton.
Breckenridge.
Gallatin.
Bullitt.
Graves.
Butler.
Grayson.
Caldwell.
Greene.
Callowav.
Hancock.
Carlisle.
Hardin.
Carroll.
Hart.
Casey
Henderson.
Christian.
Henry.
Clinton.
Hickman
Macoupin.
Madison.
Marion.
Massac.
Monroe.
Montgomery.
Morgan.
Perry.
Pike.
Pope.
Pulaski.
Randolph.
Richland.
St. Clair.
Saline.
Scott.
Union.
Wabash
Washington.
Wayne.
White.
Williamson.
Martin.
Orange.
Perry.
Pike.
Posey.
Scott.
' „.
Sullivan.
Spencer.
Switzerland.
Vanderburg.
Sar?.ckWashington.
_, ._,
Hopkins.
Jefferson.
Larue.
Livingston.
Logan.
Lyon.
McCracken.
McLean.
Marion.
Marshall.
Meade.
Mercer.
Metcalfe.
Monroe.
Muhlenberg.
Nelson.
__.
Ohio.
Oldham.
°wen;,
Russell.
Shelby.
Simpson.
Spencer.
Taylor.
I0?"£ngg.
Trimble.
Union.
barren.
Washington.
Wayne.
Webster.
j
40,789
3,598,928
31,983 !
2,166,960
194,810 ;
9,245,418
52,525
20,595
1,807,132
1,264,239
9,338
601,421
22,567 ,
1,317,849
418
ANNUAL REPORT OF THE FEDERAL RESERVE BOARD.
I
FEDERAL RESERVE
DISTRICTS—Continued.
Land area Population,
(square Jan. 1,1923
miles), (estimated).
District No. S—St. Louis—Continued.
Mississipni (northern part)
Counties of—
Alcorn.
De Soto.
Attala.
Grenada.
Benton.
Holmes.
Bolivar.
Humphreys.
Calhoun.
Itawamba.
Carroll.
I>afayette.
Chickasaw.
Lee."
Choctaw.
Leflore.
Clay.
Lowndes.
Coahoma.
Marshall.
Missouri (eastern part)
Counties of—
Adair.
Douglas.
Audrain.
Dunklin.
Barry.
Franklin.
Benton.
Gasconade.
Bollinger.
Greene.
Boone.
Grundy.
Butler
Harrison.
Caldwell.
Henry.
Callaway.
Hickory.
Camden.
Howard.
Cape Girardeau. Howell.
Carroll.
Iron.
Carter.
Jefferson.
Cedar.
Johnson.
Chariton.
Knox.
Christian.
Laclede.
Clark.
Lafayette.
Cole.
Lawrence.
Cooper.
Lewis.
Crawford.
Lincoln.
Dade.
Linn.
Dallas.
Livingston.
Daviess.
Macon.
Dent.
Madison.
Tennessee (western part)
Counties of—
Benton.
Fayette.
Carroll.
Gibson.
Chester.
Hardeman.
Crockett.
Hardin.
Decatur.
Haywood.
Dyer.
Henderson.
20,843
Monroe.
Montgomery.
Noxubee. "
Oktibbeha.
Panola.
Pontotoc.
Prentiss.
Quitman.
Sunflower.
Tallahatchie.
Tate.
Tippah.
Tishomingo.
Tunica.
Union.
Washington.
Webster.
Winston. •
Yalobusha.
Maries.
Marion.
Mercer.
Miller.
Mississippi.
Moniteau.
Monroe.
Montgomery.
Morgan.
New Madrid.
Oregon.
Osage.
Ozark.
Pemiscot.
Perry.
Pettis.
Phelps.
Pike.
Polk.
Pulaski.
Putnam.
Ralls.
Randolph.
Ray.
Reynolds.
Ripley.
St. Charles.
St. Clair.
St. Francois.
St. Louis.
St. Louis City.
Ste. Genevieve
Saline.
Schuyler.
Scotland.
Scott.
Shannon.
Shelby.
Stoddard.
Stone.
Sullivan.
Taney.
Texas.
Warren.
Washington.
Wayne.
Webster.
Wright.
Henry.
Lake.
Lauderdale.
McNairy.
Madison.
Obion.
Shelby.
Tipton.
Weakley.
District No. 9—Minneapolis
Michigan (northern part)
Counties of—
Alger.
Dickinson.
Baraga.
Gogebic.
Chippewa.
Houghton.
Delta.
Iron.
Minnesota
Montana
North Dakota
South Dakota
Wisconsin (northern part)
Counties of—
Ashland.
Dunn.
Barron.
Eau Claire.
Bayfield.
Florence.
Buffalo.
Forest.
Burnett.
Iron.
Chippewa.
La Crosse.
Douglas.
Hincoln.
i
Keweenaw.
Luce.
Mackinac.
Marquette.
Menominee.
Ontonagon.
Schoolcraft.
Oneida.
Pepin.
Pierce.
Polk.
Prior.
Rusk.
St. Croix.
Sawyer.
Taylor.
Trempealeau.
Vilas.
Washburn.
District No. 1C—Kansas City
Colorado
Kansas
Missouri (western part of)
Counties of—
Andrew.
Cass.
Atchison.
Clay.
Barton.
Clinton.
Bate>.
Dekalb.
Buchanan.
Gentry.
Holt.
Jackson.
Jasper.
McDonald.
Newton.
Nodaway.
Platte.
Vernon.
Worth.
943,392
58,206 ;
2,602,29$
10,736 j
709,0S7
414,004 i
5,298,867
16,691
331,091
S0.S58
140,131
70,183
76,868
23,273
2,4*3,357
602,298;
668,446652,820>
557,255,
473,565
7,230,336-
103,658
81,774
10,521
983,07*
1,793,456.
835,970>
DESCRIPTION OF FEDERAL RESERVE DISTRICTS.
419
FEDERAL R E S E R V E DISTRICTS—Continued.
Land area Population,
(square
J a n . 1,1923
miles). (estimated).
.
District N o . 10—Kansas City—Continued
New Mexico (northern n a r t )
Counties ofColfax.
Rio Arriba.
McKinley.
Sandoval.
Mora.
San Juan.
Oklahoma (part of).
Couuties of—
Adair.
Ellis.
Alfalfa.
Garfield.
Beaver.
Garvin.
Beckham.
Gradv.
Blaine.
Grant.
Caddo.
Greer.
Canadian.
Harmon.
Harper.
Carter.
Haskell.
Cherokee.
Cimarron.
Hughes.
Cleveland.
Jackson.
Comanche.
Jefferson.
Cotton.
Kay.
Craig.
Kingfisher.
Creek.
Kiowa.
Custer.
Latimer.
Delaware.
Le Flore.
Dewey.
Lincoln.
Wyoming
San Miguel.
Santa Fe.
Taos.
Union.
Logan.
lx>ve.
McClain.
Mcintosh.
Major.
Mayes.
Murray.
Musko'gee.
Noble.
Nowata.
Okfuskee.
Oklahoma.
Okmulgee.
Osage.
Ottawa.
Pawnee.
Pavne.
Pittsburg.
Pontotoc.
Pottawatomie.
Roger Mills.
Rogers.
Seminole.
Sequoyah.
Stephens.
Texas.
Tillman.
Tulsa.
Wagoner.
Washington.
Washita.
Woods.
Woodward.
District N o . 11—Dallas.
Arizona (southcastei
Counties ofGreenlee.
Coehise.
Graham.
Parishes of—
Bienville.
Bossier.
Caddo.
Caldwell.
Catahoula.
Claiborne.
Concordia.
Counties of—
Bernalillo.
Catron.
Chaves.
Curry.
De Baca.
< Oklahoma (southeas
Counties of—
Atoka.
Brvan.
Pima.
Santa Cruz.
De Soto.
F a s t Carroll.
Franklin.
Grant.
Jackson.
La Salle.
Lincoln.
Madison.
Morehouse.
Natchitoches.
Ouachita.
Red River.
Richland.
Sabine.
Tensas.
Vnion.
Webster.
West Carroll.
Winn.
Dona A n a .
Eddy.
('.rant.
Ouaitolupe.
Hidalgo.
I>ea.
Lincoln.
Luna.
otero.
Quay.
Roosevelt.
Sierra.
Socorro.
Torrence.
Valencia.
Choctaw.
Coal.
Johnston.
McCurtain.
Marshall.
Pushmataha.
Di-trict N o . 12—San Fra
Ari/.ona (northweste
Counties of—
Apache.
Maricopa.
Coconino.
Mohave.
Gila.
Navajo.
Pinal.
76, SOS
41,4Sfi
1,328,557
158,369
61,770
1,921 537
97, MS
209,369
392,989
6,025,212
23,412
128,976
IS, 518
562,498
81,017
212,194
7, ©44
221,429
262,398
4,900,145
683,852
7,250,554
90,398
245,29S
1 55. 862
S3,354
109,821
95, €07
82,1S4
!*;, s3t>
3,751,111
464,705
76,02s
St7, 572
472,895
1,422,945
Yavapai.
Yuma.
420
ANNUAL REPORT OF THE FEDERAL RESERVE BOARD.
@FedFRASER