Full text of G.6 Bank Debits and Deposit Turnover : April 3, 1921
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STATEMENT FOB THE PRESS fKe leased for publication , Sunday morning, Apr i I J ; not earlier. st .1295 Federal Be serve Board April £, 1921♦ BAM DEBITS Volume of "business, as measured by debits to individual account, shows a reduction frcm $7, 5 % , 000,000 for the week ending March 23 to &6, 464, 000,000 for the week ending March 30* These debits are reported to the Federal Reserve Banks for banks in 157 of the country's leading clearing house centers* Smaller figures for the most recent week are shown for all the larger centers, except Boston, the decrease for New York City alone being Jpy-ft 000,000, or about "JO per cent of the total decrease. The smaller volume/ior the week under review may be due in part to the observance of Good Friday as a Holiday in sane of the centers. As compared with the corresponding week in 1920, debits for the week under review were analler by $3 ,1 4 9 ,0 0 0 , 000, or about 33 per cent, substantial reductions being shown for all the leading centers, except Los Angeles * For New York City alone the figures for the week under review were smaller than those for the corresponding week in 192 O by $1,927,000,000, or about 38 per cent. DEBITS __________ :____ _______ Federal Re serve District TO INDIVIDUAL ACCOUNT AT CLEARING- HOUSE BANKS SUMMARY BY FEDERAL RESERVE DISTRICTS_____________ .___ iNumber ofl Week ending I centers March 23, 1921 | March 3 1 ,1920 March 30, I 92I included (In thousands of doll ers) No. 1 Boston 14 ^ 7 ,3 9 2 333,877 3^1,573 2 New York 7 5,196,609 3,250,15S 3,371, 3 Philadelphia 12 330,486 364,705 *+27,957 4 Cleveland lU 560,045 447,419 491,200 5 Richmond 7 137,947 l4q,o69 172,5S3 6 Atlanta 15 25 S , 03S 15^,735 174,083 7 Chicago 793, ^72 875,216 1 , 168,760 23 8 St. Louis 5 152,171 172 , 62s 227,260 9 Minneapolis 11 99,621 123 , 257 152,873 10 Kansas City 16 208,790 236,777 323,736 11 Dallas 124,963 137,006 152,700 13 12 San Francisco 20 ^30,520 506,477 505,325 Total 157 6, **6U, 159 7, 5^3 , s4o 9,613,278 REPORTING CENTERS BY FEDERAL RESERVE DISTRICTS (In thousands of dollars) DISTRICT No. 1 - BOSTON Bangor 3,327 3,611 3,165 Boston (* 216 , 886) 278, 073 (* 207,19*0 274,1 305, s6s Fall River 5,036 9,778 5, 1 Hartford 16 ,623 18,602 22, 17 s Holyoke 2,709 3,625 Lowell 3,989 5,^29 Manche ster 4,oo6 5,337 5 ,123 New Bedford 4,74o 5,3J46 8, 883 New Haven 17,622 18 ,245 13,027 Portland 6,929 7,602 7,520 Providence 27,831 29 ,630 37,815 Springfield 11,268 l4 , 606 13,635 . Watsrbury 5,578 *U1'4 6,732 Worcester 14,961 13,192 17,979 DISTRICT No. 2 - NEW YORK A1 bany Binghamton Buffalo New York Passaic Rochester Syracuse 24 ,058 , 3,198 4 s ,897 3 , 133,090 4,014 24, 774 12,127 24 ,166 3,5\2 53,284 3 ,8 4 4 ,64i 18,309 4,211 64 ,718 5 , 060,233 M 25 28,130 13,261 *Debits of banks which submitted reports in 1920. 5,313 28,165 15,660 St,1895-a DEBITS TO INDIVIDUAL ACCOUNT AT CLEARING HOUSE BANKS : ___________________ Week ending________ j____March 30.1921__ : March 23.1921 : March 31.1920 (In thousands of dollars.) DISTRICT NO. 3 - PHILADELPHIA Altoona 3,701 2,963 3,187 Chester 4,127 5,076 5,oi* Harri sburg 6,119 5,750 3,172 Johnstown i+,i+83 5,0*7 5,215 Lancaster 8,672 5,790 5,695 Philadelphia 252,762 290,036 350,158 Reading 5,979 7,957 Scranton l!+,61+l+ 14,823 15,098 Trenton 10,500 9,753 11,313 Wilkes-Barre 8, 01+1 9,125 8,721 Williamsport l+,500 *,059 3,719 Wilmington 8,829 6,705 7,153 York <+,102 *,369 *,725 DISTRICT NO. * - CLEVELAND Akron Cincinnati Cleveland Columbus Dayton Erie Greensburg Lexington Oil City Pittsburgh Springfield Toledo Wheeling Youngstown DISTRICT NO, 5 - RICHMOND Baltimore Charleston Charlotte Columbia Greenville, S,C, Huntington Norfolk Raleigh Ri chmond Washington Wilmington DISTRICT NO. 6 - ATLANTA Atlanta Augusta Birmingham Chattanooga Jacksonville Knoxville Macon Mobile Montgomery Nashville New Orleans Pensacola Savannah Tampa Vi cksburg 12,365 5*,758 120, 1+19 28 ,1+27 11,879 5,898 3 ,9 % 5,101 1,995 158,9*5 3,960 20 ,852: 8,1*40 10,731 85,685 *,723 *,97* *,37* 2,283 12,797 65,9*9 12 l+,76* 29,880 12,158 6 , *97 *,809 5,820 2,919 173,251 *,027 26, 1+17 8,023 13,889 91,916 5,871 5,365 4, 56s 29,572 *,71* 3,132 5,509 13,039 3,800 24,510 35,0*0 *,727 20,055 *,079 12,535 7,508 24,082 l+,896 15,039 8,707 5,13-0 12,607 l+,200 21 ,3SU 10,189 5,559 3 , *86 5,918 3,ooi+ 17,797 1*8,220 1,120 8 ,1*98 5,635 1,132 10,825 6 , 1+26 3 ,s6i 5,805 3,173 18,950 53,*66 1*307 9,8*3 6 , 1+30 1,273 19,386 §7,7*8 173,856 26,370 12,112 7,151 i+, 1+1+6 5,653 2 , 72s 190,172 3,162 30,127 i o ,n 4 17,020 98,509 11,290 8,776 7 , 1+69 — 18, *13 3,900 24, 226 - 33,o*o 12,388 15,773 9,893 13,966 6,620 7,961 10,292 5,223 25 ,80* 83 ,681+ 2 , 2l+l 22,718 6,61+8 1,787 DEBITS TO INDIVIDUAL ACCOUNT AT CLEARING HOUSE BANKS S t ,189 5b Week ending March "51.1920 March 50.1921 March 23.19 ^ (In thousands cf C'-G i..s clr s ,) DISTRICT NO. 7 - CHICAGO Bay City 2 , 638 2,5S8 3.707 2.4gQ Bloomington 2,481 3,775 Cedar Rapids i o ,561 10^635 9,530 Chicago 766,881 562,019 521,575 Davenport 6, a i 7,65S 8,339 Decatur 5,094 3,068 3,15 s Des Moines 24,039 16,766 1 6 ,418 Detroi t 146,054 100,898 86,123 Dubuque 3,346 3,082 2,883 Flint 1 0 ,4 /6 3,623 4,439 Ft. Wayne 6,610 7,516 5,970 Grand Rapids 18,867 16,017 17,645 Indianapolis 26,495 36,4i4 3 0,4i4 Jackson 3,062 3,243 2.707 Kalamazoo 3,630 5,627 4,605 Lansing 6,982 4,003 5,790 Milwaukee 59,882 41,577 5^,929 Moline 2,002 2,229 Peoria 11,683 8^203 7,173 Rockford 4 ,652 6,817 4,719 Sioux City 1 2 , 974, 17,696 11,139 South Bend 2,9 84 5,112 4,266 Springfield, 1 1 1 . 5,960 6 >122 5,507 Waterloo 2,526 4,372 2,907 DISTRICT NO. 8 - ST. LOUIS ' East St. Louis and Nat*l Stock Yardb 7,4l8 7,466 Evansville 4,407 4*4l3 Little Rock 8,622 7*483 Louisville (*19,690) 25,419 (*24,366)33,683 Memphis 17,110 20,800 Quincy 2,443 2,^10 St. Louis(*102.342) 113, 525(^ 1 1 5 , 566) 128,575 Springfield, Mo. 2,602 ■2,435 DISTRICT NO. 9 - MINNEAPOLIS Aberdeen Billings Dulu th Fargo Grand Forks Great Falls Helena Minneapolis St. Paul Sioux Falls Superior Finona DISTRICT NO. 10 - KANSAS CITY Atchison Bartlesville Cheyenne Colorado Springs Denver Joplin Kansas City, Kans. Kansas City, Mo. Muskogee Oklahoma City Omaha Pueblo St. Joseph Topeka Tul sa Wichita 5,596 10,031 32,234 34,988 l 4 4 ,4 n 1,473 1,508 1,573 2,442 12,040 2,611 1,039 1,54s 16,423 2,866 l,95S 2,081 20,453 65,990 29,409 76,032 3,719 4 , 50 0 38,339 7,412 1,458 1,717 937 2,072 1,326 1,300 545 4 ,o n 2,430 3,191 1,400 11,109 2,042 997 1/457 1,467 54,499 1,020 1,200 2,021 1,686 2,131 28,413 1,824 3,325 59,107 3,892' 1 7 ,6 a 38,877 ^,335 14,486 2,537 19,467 7,868 ♦Debits of banks which submitted 2,697 1,202 2,992 31,670 1,999 3,712 71,281 5,818 1,583 2,297 51,021 4,037 4,537 85,050 6,013 18,882 42 , S69 4,742 14,957 3,426 20,370 5,571 31,281 8,860 11,910 19,769 66,459 4,823 23,088 reports in 1920'. .DEBITS TO INDIVIDUAL ACCOUNT AT CLEARING HOUSE BANKS Week ending Margk. 10, gAjL-L.. 1 9 ffigron, , 2 f ?1,»* 7 .*+.___L , . ^1 _ (In thousands of dollars) DISTRICT NO. 11 - DALLAS Albaquerque Austin Beaumont Dallas El Paso Ft, Worth Galveston Houston San Antonio Shreveport Texarkana, Texas Tucson Waco so4 2,465 2 , 84s 29,621 7,^05 20 , 4l 0 17,674 26,322 5,910 5 ,sHo 1,023 1,269 2,872 DISTRICT NO. 12 - SAN FEANCISCO Berkeley 2,252 Boise 1,862 Fresn* 8,738 Long Beach 5,204 Los Angeles 92,979 Oakland 18,293 Ogden 3,011 Pasadena 5,001 Portl and 30 ,382 Reno 2,180 Sacramento 10,524 Salt Lake City 14,895 San Diego 7,309 San Francisco 171,072 San Jose 3,591 Seat tie 29,402 Spokane 9,234 Stockton 3,742 Tacoma 8,24s Yakima 2,101 st.isqs-c j.ggp. 1,563 3,105 1,763 3,593 34,151 7,559 4,339 23,100 16,396 27,934 6 , 1+98 6,991 1 ,3 5 4 1,455 3,307 2,923 2,427 9.998 5,436 2,315 39,172 9,467 23,198 7,935 38,819 7,779 9,874 1,818 1,596 4,125 2,194 2,975 9>2»5 5,167 105,800 89,409 18,332 19,510 4,043 5,605 43,778 2,821 3 ,2 17 6,113 34 , 86s 2,567 12,350 15,208 S,025 213,338 3,804 32,403 11,902 4,770 10,755 a, 24i 12,183 18,914 8,011 198,401 4,526 47 , 31 s 11,661 4,973 11,3 25 3,306