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' STATEMENT FOR THE^PRESS Released for publication Sunday morning, Aug. 29,1020; not earlier. BAM DEBITS s t . 1390 . Federal Reserve Board Aug. 28,1920- Below is given the Federal Reserve Board's weekly statement of debits to individual account reported through the Federal Reserve Banks by over 1^0 of the country’ s more important clearing houses. Transactions cover the weekly periods ending Wednesday, Aug. 25 and Aug. IS of the present year and Aug. 27, I 919• The statement closes with a recapitulation giving comparative figures by Reserve Districts for cities reporting complete data for the three weeks under review. Aggregate debits to individual accornt show a further reduction of 562 millions, bringing the total down to 7 >9S6 millions, the smallest amount shown for any week of this year with the exception of the five-day week of February 25* All the important centers, except Philadelphia, Pittsburgh, and New Orleans, report a smaller volume of transactions than the week before. Aggregate debits for the corresponding week of 1919 were approximately the same as those^for the week tender review, debits for the New York City clearing house banks being about 532 millions below last year's total for the corresponding week, while all the other important centers, except Kansas City, report larger figures this year than a year ago. DEBITS TO INDIVIDUAL ACCOUNT AT CLEARING HOUSE BANKS, Week ending Aug. 2 5 ,T q 2 0 1 Aug. IS. 1920 1 Aug. 27.t__13l3 (In thousands of dollars) DISTRICT No. 1 - BOSTON 2,360 4,107 3,201 Bangor 243,682 254, 41+6 Boston 283,931 6,601 Fall River 9,091 7.258 18,014 21,106 Hartford IS , 801 3,248 4,095 3,756 Holyoke 4,400 5.S22 Lowell 5,839 4,045 4,752 Manchester 5 , soi 7,228 9,280. New Bedford l 4 , 167 19,038 New Haven 16,675 Portland 8,299 7,955 25,395 32,622 37,332 Providence 12,219 16,010 15.836 Springfield 5,707 7,776 6,220 Waterbary 12,821 18,413 18,513 Worcester DISTRICT No. 2 - NEW YORK Albany Binghamton Buff alo New York Passaic Rochester Syracuse 20,827 3.789 63,772 3.722,078 5,142 31.794 16,147 DISTRICT No- 3 - PHILADELPHIA 2,471 Altoona Chester 5.182 Harrisburg 1,229 4,050 Johns town 4,200 Lane as ter 364,101 Philadelphia 3.352 Reading 16,074 Scranton 11,942 Trenton Wilkes-Barre 8,275 Williamsport 3.807 6,892 Wilmington . 4,629 York • 22,069 3,438 68,021 3,968,469 5,964 32,234 20,307 2,631 5,950 2,067 4,650 5,522 330,977 3,481 12,238 11,936 8,879 4,675 8,060 4,249 18,984 3,125 , 56,433 4,253,411 3 , 62s 22, 820 12,707 3,505 3,863 3,930 2,794 4,171 281,766 3,683 13,193 9,029 6,o4o 3,238 7,621 2,853 xu xnuxv xx/u#L J J X -tiJ L Woek ending Aue. 27, 191.9.____ Aug. 25, 1920 1 Aug. I S .1920 (in thousands of dollars) DISTRICT No, 4 - CLEVELAND Akron Cincinnati Cleveland Co lumbus Dayton Erie Greensburg Lexington Oil City Pittsburgh Springfield Toledo Yiheeling Youngstown DISTRICT No. 5 - RICHMOND Baltimore Charleston Charlotte Columbia Huntington Norfolk Raleigh Richmond Washington DISTRICT No. 6 - ATLANTA Atlanta Augusta Birmingham Chattanooga Jacksonville Knoxville ■ Macon v Mobile Montgomery Nashville New Orleans Pensacola Savannah Tampa Vicksburg DISTRICT No. 7 - CHICAGO Bay City Bloomington Cedar Rapids Chicago Davenport Decatur Des Moines Detroit Dubuque Flint F t . Wayne Grand Rapids Indianapolis Jackson Kalamazoo 22,192 58,152 160,470 27.583 10,958 7.814 7,191 3.156 192,498 3.246 29,900 7,517 13.221 27.9SS 61,5^3 ISO, 501 29,4s6 11,734 8,517 6,538 5,803 3,589 170,715 3,446 31,249 9 ,UUo 13,805 19,933 48,653 1 3 2 ,9 H 26,887 11,265 6,039 3,360 4,405 2,650 155,309 3,543 25,963 8,797 15,. 034 109, H 8 6,113 7,412 4,972 6,199 20,372 4, S9S 26,033 94,439 30,751 33,090 25.965 6,987 30,223 7,498 15,258 23,419 94,988 5.170 6,405 4,22S 6,091 19,821 3.379 25,211 16,191 10,221 12,416 6,325 5.299 7,429 22,656 80,461 2,051 12,510 12,935 7,015 6,651 8,137 4,083 24,787 7 3 ,4l4 2,611 12,746 5,4 s 6 1,370 11,202 5,275 1,430 3,253 2,379 3,397 2,754 10,602 10,762 639,908 6,785 3,949 740,387 18,872 164,542 3.202 9,403 7,24s 21,878 37,191 4,616 5.273 6,906 4,631 i s , 4 o o 183,873 3,450 9,654 8,390 22,914 41,082 4,740 6,552 6,062 4,200 6,064 17,427 3,p50 23,480 5,766 13,832 9,270 10,124 5,749 5,917 6,721 3,196 IS, 274 6l,l66 2,073 14,255 3,664 1,083 2,654 2,555 8,462 611,419 6,732 3,663 19,662 120,139 2,089 8, 827 4,909 916 26, 852 i s , 4 142 2,636 DEBITS TO INDIVIDUAL ACCOUNT AT CLEARING HOUSE BANKS St. 15.90b. We 3k__ending Aug, 25. 1920 T Aug. 18.1920 1 AugT 27. 1919(In thousands of dollars) DISTRICT No* 7 - CHICAGO - Cont* d. Lansing 5,559 7,132 6,1+79 66,s4i *+9,513 Milwaukee 60,393 Moline 2,596 2,505 8,568 11 , 05s Peoria 9,388 4,638 Rockford 6,053 5.719 13,965 Sioux City 13,400 1^515 3,585 5,776 South Bend 5,712 4,346 Springfield 4,635 4,255 2,583 Tlaterloo 4 , 39^ *+,307 DISTRICT No. 8 - ST. LOUIS Evansville Little Rock Louisville Memphis St. Louis DISTRICT No. 9 - MINNEAPOLIS Aberdeen Billings Duluth Fargo Grand Porks Great Palls Helena Minneapolis St. Pftul Sioux Falls Superior Winona DISTRICT No. 10 - KANSAS CITY Atchison Bartlesville Cheyenne Colorado Springs Denver Joplin Kansas City, Kan. Kansas City, Mo. Muskogee Oklahoma City Omaha. Pueblo S t . Joseph Topeka Tulsa Wichita DISTRICT No. 11 - DALLAS Albuquerque Austin Beaumont Dallas El Paso Ft. Worth Galve ston Houston San Antonio Shreveport Texarkana Tucson Waco 4,274 7,016 22,702 5,470 7,454 28,763 27,265 28,110 134,284 155,968 1,752 1,725 1,713 1.963 4,383 6,182 29,464 21,424 124,052 2,023 1,564 20,080 17,690 3,307 3,266 7,637 1,482 1,560 1,986 2,174 79,164 32,557 5,^21 1,811 989 1.963 1,982 3,219 73,999 30, 580 2,067 1,697 880 19,622 1,600 436 2.831 2,282 3,329 32,383 2,969 4,282 88,631 4,795 26,785 56,914 3.832 18,830 3,993 24,816 15,525 1,452 2,882 4,292 33,636 7,735 26,185 10,360 33,126 8.222 7,077 1.222 1,400 3,447 2,246 89,918 36,784 5,675 1,175 54l 3,411 1,795 39,464 3,611 4,307 94,4^7 4,945 30,591 57,073 5,071 14,3S4 4,429 31,^67 2,446 2" 793 30, *+32 2,710 2, 63s 98,010 3, *+63 16,330 66,425 3,227 16,149 M 90 20,579 16,188 13, *+07 1,901 3,026 1,361 5,277 36,089 7,402 27,015 15,17^ 4i,74l 7,135 2,814 3,924 28,551 6,319 19,39*+ 9.317 32,256 9,110 6,798 5, *+75 1,839 1,391 3,325 680 2,802 1,522 DEBITS TO INDIVIDUAL ACCOUNT AT CLEARING HOUSE BANKS________ St, 1390c-. Week ending Aug. 25, 1920 I Aug. 18,lQgO | Aug. 27, 19.19(In thousands of dollars) DISTRICT No. 12 SAN FRANCISCO Berkeley 3,089 3,212 2,276 Boise 3,537 3,251 2,426 Ere sno 10,7 5 1 11,474 6,123 Long Beach 4,205 5,365 2,662 • Los Angeles 96,535 102,331 64,017 Oakland 19, S5I 20,677 12,267 Ogden 3, 272 3,728 3,212 Pasadena 4,932 2,650 Portland 4o,344 45,865 38,117 Reno 2,559 2,230 2,100 Sacramento 15,765 17,425 12,526 Salt Lake City 15,210 16,982 15,021 San Diego 6,50 5 2,233 4,245 San Francisco 226,592 235,725 129,265 San Jose 6,o4o 6,665 5,027 Seattle 41,933 46,223 48,031 Spokane 11,626 13,350 9,717 Stockton 5,629 5,932 ^»562 Taccma ' 11,719 11,797 12,946 Yakima 2,578 2,459 2,524 5,957 Federal Reserve District No* 1 2 3 4 5 6 7 8 9 10 11 12 RECAPITULATION XY FEDERAL RESERVE DISTRICTS Week ending Number of centers Aug. 25, 1920 | Aug. 12,1920 included Boston 12 New York 7 Philadelphia 13 Cleveland 14 Richmond 7 Atlanta 15 Chicago 23 S t . Louis 5 Minneapolis 11 i4 Kansas City Dallas 13 San Francisco 20 TOTAL 154 390,617 3 , 263,549 436,204 548.23 4 159,202 219,439 1,048,754 202,326 146,687 295,97 5 141,036 534,488 7,986,571 435,779 4,120,502 405,315 564,354 172,912 223,089 1 , 188,296 224,920 162,657 313,221 160,425 570,807 8,542,283 | Aug. 27,1919 . 35^^15 4,371,108 ?45,626 464,749 154,722. 124,509 936,4l4 125,565 142,831 223,399 iH21*?1? 440,634 7,985,245