View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

STATEMENT FOR THE PRESS

.Released for publication
Btanday morning, Aug, 6;
not earlier.

S t.2945.
Federal Reserve Board,
August 5, 1922,
BANK DEBITS

Volume of business for the week ending August 2 was $8,809,000 marking an
increase of $ 565 *000,000, or about 7 percent over the tota^jpf $8,244,000,000
reported for the preceding week. Increases are shown for/the leading centers,
except Boston, Cincinnati, Detroit and Milwaukee, These increases are
accounted for largely by the considerable volume of end-of-month transactions
effected during the week. The decline of 12 per cent in the volume of business
reported from Boston is in marked contrast to the general trend.
As compared with the week ending August 3 * 1921, the volume of business for
the week under review shows an increase of $914,000,000, or about 12 per cent,
arger figures being reported for all the leading centers, except Baltimore,
*
’ ^ ? sas
and Dallas. The increase for New York City alone
amounted to $699,000,000, or about 17 per cent, constituting more than threefourths of the total increase for all reporting centers.
.

business is measured by debits to individual accounts reported
e e eral Reserve Board for banks in leading centers. The total number of
cen ers reporting this week is 246, of which 164 are included in the summary by
Federal reserve districts.

0

DEBITS TO INDIVIDUAL ACCOUNTS BY BANKS IN REPORTING CENTERS
------------ SUMMARY BY FEDERAL RESERVE DISTRICTS
Federal
Number of
|
________ Week ending
Reserve
centers
District
included
Augl3st 2 > 1922
Jul^ 26 - 1& Z August 3, 1921
(in thousands of dollars)
No, 1 Boston
14
450,651
482,210
429,932
2 New York
7
4,950,273
4,582,601
4,239,881
3 Philadelphia
13
402,181
381,698
374,825
4 Cleveland
13
483,746
454,569
392,841
5 Richmond
11
213,976
184,597
212,864
6 Atlanta
15
171,243
161,662
169,662
7 Chicago
24
967,3S5
907,221
937,375
8 St, Louis
8
197,627
193 ,933
205,838
12
9 Minneapolis
135,062
125,165
119,695
10 Kansas City
16
233,794
234,350
243,174
11 Dallas
13
113,962
li4,o64
127,062
12 San Francisco
18
489,013
421,659
44i , 32S
TOTAL

164

8,808,913

8 , 244,329

7,894,977

REPORTING CENTERS BY FEDERAL RESERVE DISTRICTS
(in thousands of dollars)
DISTRICT No, 1 - BOSTON
Bangor, Me,
3,191
4,654
2,931
Boston, Mass.
310,654
352,606
293,386
Brockton, Mass.
4,4lS
3*94l
Fall River, Mass,
7,234
5,926
5,985
Hartford, Conn,
23,387
23,402
21,069
Holyoke, Mass,
3 ,l4 l
2,968
2,583
Lowell, Mass.
4,343
4,106
4,150
Lynn, Mass,
4,919
5,606
Manchester, N, H.
4^112
5,090
3,313
New Bedford* Mass,
6,499
5,920
5,507
New Haven, Conn,
18,244
18,106
16,022
v Portland, Me,
8,994
7,451
7,571
Providence, R. I.
28,909
29,732
25,237
Springfield, Mass,
14,099
14,082
13 ,204
Waterbury, Conn.
5,578
5,925
5,491
Worcester, Mass.
12,266
12,526



13,199

St.2945a,

DEBITS TO INDIVIDUAL ACCOUNTS BY BANKS IN REPORTING CENTERS
Week endj.ng
August 2 , 1922

July 26, 1932

August J, 1921

(In thousands of dollars)
DISTRICT No, 2 - HEW YORK
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.
No. New Jersey Clearing
House Association
Passaic, N, J.
Rochester, N. Y,
Stamford, Conn.
Syracuse, H. Y.
DISTRICT No. 3 - PHILADELPHIA
Allentown, Pa.
Altoona, pa.
Camden, N. J .
Chester, Pa.
Harrisburg, Pa,
Hazleton, Pa,
Johnstown, pa.
Lancaster, Pa,
Lebanon, Pa,
Norristown, Pa.
Philadelphia, Pa.
Reading, Pa.
Scranton, Pa.
Trenton, N, J.
Wilkes-Barre, Pa.
Williamsport, Pa.
ftitoington, Del,
York, Pa.
DISTRICT No. 4 - CLEVELAND
Akron, Ohio.
Butler, Pa.
Canton, Ohio.
Cincinnati, Ohio
Cleveland, Ohio
Columbus, Ohio
Connellsville, Pa,
Dayton, Ohio
3rie, Pa*
Greensburg, Pa,
Homestead, Fa,
^
Lexington, Ky.
'
Lima, Ohio
Lorain, Ohio
New Brighton, Pa.
Oil City, Pa.
/
Pittsburgh, Pa,
Springfield, Ohio
Toledo, Ohio
Warren, Ohio
Wheeling, W. Va,
Youngstown, Ohio
Zanesville} Ohio




20,599
4,043
62,803
2,904
3,307
2,279
57,247
4,814,644

20,729
3,624
59,287

20,978
4,169
54,398

3 ,048

3,645
2,199

51,272
4 , 454,626

34,489
5,380
29,277
2,599
13,527

38,041
5,345
26,177

5,9^1
3,209
1 1, 3'40
3,927
6,916
2 ,4 l4
4,803
4 ',625
1,144
70S
325,533
7 ,1S6
11,877
10,764
6,754
4,185
S,402
4,000

—
4 ,u 6 ,4 s 6
->
*
4,720

5,228

13,434
2,092

7,621
6l,2l0

2 ,3 0 4

12,753

2,997
9,130
3,788
6,795
4.44i

4,309
1,12 7
772

4,591
35,736
2,203
9,700
10,760
2 , l44

4,696
4,757
-

7,185

6,810

10.662

12,579

11,333
5,842
3*464
9.649
4,093

12,448

14,673

12,501

2,093
9,062
6 1,7 11

29,736
1,202
1 3 >035
5 , 55s

3,34-1
1,257
2,275
3,000
186,890

5,262

295,616

29,584
1,197
13,648

693
3,906

3,554
4 , 03s

307,090

122,822

4,425

11,770

1,7 16

136,288

6,310

27,360

4,125
5S7
3,639

3.022
1,080
2 ,0 2 8

3,013
167,515
4.614
36,575

2,221
10,123
13,955
2,473

8,794
4,661
7,734

3,876

54,582

103,626
24,964
-

13>275

5,722
4,272
-

3,375
—

1,644
151,714

3,162
5,252

8,152
-

DEBITS TO INDIVIDUAL ACCOUNTS BY BANKS IN REPORTIN 3 CENTERS
Week ending
Aug. 2, 1922

July 26, 1922

St. 2945b.
Aug. 3 , 5.921

(in thousands of dollars)
DISTRICT No, 5 - RICHMOND
Asheville, N, C.
Baltimore, Md,
Charleston, S. C,
Charleston.* W, Va,
Charlotte, N, C,
Colunbia, S. C.
C-umberland, Md.
Durham, N. C.
Greensboro, N. C.
Greenville, S. C,
Hagerstown, Md,
Huntington, W, Va,
Lynchburg, Va,
Newport News, Va,
Norfolk, Va,
Raleigh, N. C,
,
Richmond, Va,
Roanoke, Va,
Spartanburg, S. C,
Washington, D, C,
Wilmington,
C. '
Winston-Salem, N, C.
DISTRICT No, 6 - ATLANTA
Albany, Ga,
Atlanta, Ga,
Augusta, Ga,
Birmingham, Ala.
Brunswick, Ga,
Ghattanooga, Tenn,
Col-umbus, Ga.
Cordele, Ga,
Dothan, Ala,
Elberton, Ga,
Jackson, Miss.
Jacksonville, Fla,
Knoxville, Tenn.
Macon, Ga,
Meridian, Miss,
Mobile, Ala,
Montgomery, Ala.
Nashvi lie , Tenn.
Newnan, Ga,'
New Orleans, La.
Pensacola, Fla,
Savannah, Ga,
Tampa, Fla,
Valdosta, Ga,
Vicksburg, Miss,




4,570
103,957
5,811
6,518
6,503
4,109

1,836
1,838
4,502
4,408
3,653
1,962
4,467
3,492
1,854
14,003
3,900
24,603
4,545
l,76l
39,108
3,862
6,4is

955
24,776
,5,245
17,113
587
6,348
1,93.9

162
506

l4o
2,081
10,924
5,975
3,892
1,755
5,318
3,109
14,698
346
57,378

1,600
9,025
4,699
S 15
1,143

M 56

76,267
6 ,m

-

111,732
4,906

7,266
8,387

3,450
1,099
1 , 49s
5,74l
3,104
3,437
1.710

4 .711

5,021
4,271
-

2,558
4,637

3,457
l,4o6
12,774
4,100
2 3 ,224
4,485
1,781
37,909

34,408

4,227

3,636

14,152
3,840
23,703

4,471

686

21,538
4 s84o

15,616

22,380
4,886
12,237

599

6,174
2,026

7,303

146

36S
155
1,635

8,905
5,505
4,127

8,884
5,353
3,542

1,655
5,349
2,844
rs,0Q6
330

56,219
1,268
8,222
6,687
770

1,272

5,269
2,999
24,789
55,846
1,363
9,088
4,676
1,047

DEBITS ftO INDIVIDUAL ACCOUNTS BY BANKS IN REPORTING CENTERS
August 2 . 1922
DISTRICT No, 7 - CHICAGO
Adrian, Mich.
Aurora, 111,
Bay City, Mich.
Bloomington, 111.
Cedar Rapids, Iowa
Chicago, 111,
Danville, 111,
Davenport, Iowa
Decatur, 111 ,
Des Moines, Iowa ,
Detroit, Mich,
Dubuque, Iowa
Flin t, Mich,
F6rt Wayne, Ind.
Gary, Ind.
Grand Rapids, Mich,
Hammond, Ind,
Indianapolis, Ind,
Jackson, Mich.
Kalamazoo, Mich,
Lansing, Mich,
Mason City, Iowa
Milwaukee, Wi s.
Moline, 111 ,
Muscatine, Iowa
Oshkosh, Wis,
Peoria, 111 ,
Rockford, 111 .
Sioux City, Iowa
South Bend, Ind,
Springfield, 111 .
Waterloo, Iowa
DISTRICT No. 8 - ST. LOUIS
East St. Louis and
N a t 'l Stock Yards, 111,
Evansvilie, Ind,
Fort Smith, Ark.
Greenville, Miss.
Helena, Ark.
Little Rock, Ark.
Louisville, Ky.
Memphis, Tenn,
Owensboro, Ky,
Quincy, 111.
St. Louis, Mo.
Springfield, Mo.

675
3,248
2 ,462
2,353
4,498
627,229
2 ,7 0 0
7,4-91
3,442
14,987
12 9 ;566
2,673
5 ,0 6 l

6,466
3 ,104
14,085
2,900
33,465
4,909
4,355
6 , 1%
l s791
5 1 i777
1,790
920
2 ,3 0 0
8 ,8 0 1
4,319
14,708
7,902

5,751
3 ,l 4 6

'

DISTRICT No. 9 - MINNEAPOLIS
Aberdeen, S. D.
B illin g s , Mont,
Dickinson, N. D,
Duluth, Minn,
Fargo, N. D,
Grand Fbrks, N. D,
Great F alls, Mont,
Helena, Mont,
Jamestown, N. D.
Lewis town, Mont.
Minneapolis, Minn,
Minot, N, D.
Red Wing, Minn.
St. Paul, Minn
(* 39 , 800)
Sioux Falls, S. D.
Superior, Wis.
Winona, Minn,



7,721
6,800
2 ,1 0 4
801
1,146
7,862
29,824
2 0 .363
1,282

Week ending:
August 3, 1921
July 2b, 1022
(in thousands of dollars)

551
2,531

2,162

2,087
6,245
555,001
8,982

3,079

14,675
141,881
2,247
5 , o 4o
7,207
2,479
13,479

14,331

31,336
4,871

3,876
5,695
1,364
5 7 ,o4o
1,680
1,018

1,900
7,994
4,300

14,549
6.093

5.054
2,947

8,094
5,54l
2,248
490

2,563
1,130
1,292
2 ,4 8 4

791
64,4i4
887
473

45,376

6,167
17,397

28,603
4,073
3,745

5,129
51,001
1,726
7,230
4,382
7,9bl

5,566
5,934

2,562

8,559
5,205

1,008

1,266

3I 8

124,069
2,846
5,312

3.100

1,353

14,870

5*915

3 ,3 8 0

120,591
2 ,511

1,670

2,353
2,335
9,557
616 ,£02

2.100

7,129
28,697
19,603
1,069
1,906
120,426
2,537

1*955

St,2945c

8,764

27,262
18,911

2,170
131,412
2,855

l,3S3

1,237
1,623

14,537

14,102

2,291

2,575

221

1,153
1 ,314

l ,l 4 i
1,642

2,093
410
664

2,2o3

62,616

60,680

816
354

(* 32 , 860) 37,623
2,809
3,340
1,643
l,4o6
1,034
906
♦Debits of banks which submitted reports in 1921 .

27,532
4,112

1,823
.
965

St. 2945(1,

DEBITS TO INDIVIDUAL ACCOUNTS BY BANKS IN REPORTING CENTERS
Week ending
August 2 , 1922

July 26, 1922

August 3> 1921

(In thousands of dollars)
DISTRICT No. 10 - KANSAS CITY
Atchison, Kans,
Bar tiesvilie, Okla.
Casper, Wyo,
Chsyenno , Wyo
Colorado Springs, Colo,
Denver, Colo,
Enid, Okla.
Fremont, Neb,
Grand XaTnnd, Neb,
Grand Junction, paXo*
Guthrie, Okla,
Hutchinson, Kans*
Independence, Kans,
Joplin, Mo,
Kansas City, Kans.
Kansas City, Mo.
Lawrence, Kans.
McAlester, Okla,
Muskogee, Okla.
Oklahoma City, Okla.
Oknulgee, Okla ,
Omaha, Neb.
Parsons, Kans,
Pittsburg, Kans.
Pueblo, Colo,
St, Joseph, Mo.
Topeka, Kans,
Tulsa, Okla.
Wichita, Kans.
DISTRICT No. 11 - DALLAS
Albuquerque, N« M,
Austin, Tex.
Beaumont, Tex,
Corsicana, Tex.
Dallas, Tex,
El Paso, Tex,
Ft. Worth, Tex.
Galves ton, Tex,
Houston, Tex,
Roswell, N, M,
SSn Antonio, Tex.
Shreveport, La.
Texarkana, Tex,
Tucson, Ariz,
Waco, Tex,




1,503
2,628
2,806
£ ,0*40
2,440
32»977
3,648
669
1 ,093
447

4.33
3,710
2,112
2,125
3,*+87
6 jy
060

937
674
4,956
16,994
1,63*+
*+3,329
5SS
1,028
2 677
11*346
3,203
26,547
10,482

1,812
2,6l3
2 ,688
gg2
29,000
6,318
19,477
X I,902
22,725

537
5,731

6,096
1,225
1*516
2,859

1,047
2,186
3,222
2,250

2.622
3 4 ,186
3 , 0:16

l , 25 f
i

2,153
2,601
2,801

35,003

739
1,118
563

471
3,716
1,708
2,248
3,752

1,760
2,994

66,630

77,827

818
683

6,275
18,097
1 , 75s
* 3,520
+
9 68

971
3,602
12,4oi
3 ,o*+
6
22,39**
10,114

1,767

2,326
2,907
575
27 ,3 9i

6,863
21,170
12,896
20,998
611
5 ,**30
6,722
1,508
1,649
2,437

2 , 36s
19,365
43,971
4,788

15,669
3,836
14,337

12,449
1,747
2,347
2,594
- .
29,957

6,800
21,940
19 ,s 4o
23,804

6,250
5,740
1,223
1,848

2,972

DEBITS TO INDIVIDUAL ACCOUNTS BY BANKS IN REPORTING CENTERS
Week ending_____ '
Aug. 2, 1922

July 26 , 1922

St, 2945e.

Aug. 3 ,’ 1921

(In thousands of dollars)
DISTRICT No. 12 - SAN FRANCISCO
Bakersfield, Calif.
Bellingham, Wash.
Berkeley, Calif.
Boise, Ida.
Eugene, Ore.
Fresno, Calif.
Long Beach, Calif.
Los Angeles, Calif.
Oakland, Calif.
Ogden, Utah
Pasadena, Calif.
Phoenix, Ariz.
Portland, Ore.
Reno, Nev.
Ritzville, Wash.
Sacramento, Calif.
Salt Lake City, Utah
San Bernardino, Calif,
San Diego, Calif.
San Francisco, Calif.
San Jose, Calif.
Seattle, Wash.
Spokane, Wash.
Stockton, Calif*
Tacoma, Wash.
Yakima, Wash.




3,213
1,490
3,478

2,245
1,587
2,793
2 , 52b

2,715

1,459

1,862
8,554

7,600

12,204
8,808
124,117

17,285

3,302

8,254

5,821

108,231
17,146

97,219
I S , 063

3,270

3,278

5,202

5,053

4,786

3,545
30,785
2,257

3,564
28,010

33,415

,106
13,107
13,533
1,321
8,594
185,371

4,986
35,334
9,271
4,702
7,954
2,025

2,569
io 6

2,317

12,790
11,305
1,334

13,580

7,970
148,682
3,922

6,896
176,778
4,431

32,937

8,257

31,148
10,187
4,487
7 ,427

2,007

1,766

8,999
4,150

12,105