The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
statement foe the press eased f o r p u b lic a tio n S un day m o r n i n g , Dec. 2 73 S t. ^ . F e d e r a l R e s e r v e B o ard 11; not e a rlie r. Decem ber 1 0 , 1921 . BANK DEBITS 7 The v o lu m e o f b u s i n e s s f o r t h e w e e k e n d i n g D e cem be r shows a n i n c r e a s e o f $ 1 , 3 3S»000,000» o r a b o u t 1 8 p e r c e n t , co m pared w i t h t h e p r e c e d i n g w eek w h i c h i n c l u d e d w eek a r e T h a n k s g iv in g Day. rep o rted f o r a l l the le a d in g Larger fig u r e s cen ters, fo r the m ost r e c e n t e x c e p t New O r l e a n s , the i n c r e a s e f o r New Y o r k C i t y a l o n e b e i n g a b o u t 60 p e r c e n t o f t h e t o t a l i n c r e a s e fo r a l l re p o rtin g c e n te r s . The s t a t a c e n t i s b a s e d on t o t a l d e b i t s t o i n d i v i d u a l a c c o u n t s r e p o r t e d t o t h e F e d e r a l R e s e r v e B o a r d f o r b a n k s i n 15 3 c l e a r i n g house c e n t e r s . F o r t h e f i r s t tim e s i n c e J a n u a r y 8 t h e volum e o f b u s i n e s s f o r t h e w e e k u n d e r r e v i e w was l a r g e r t h a n f o r t h e c o r r e s p o n d i n g w e e k i n , the e x c e s s b e in g a b o u t $ 10 9 ,0 0 0 ,0 0 0 . L a r g e r f i g u r e s f o r the m o s t r e c e n t week o f t h e c u r r e n t y e a r a r e shown f o r t h e c e n t e r s on t h e A t l a n t i c a n d on t h e P a c i f i c c o a s t, w h ile the c i t i e s o f the i n t e r i o r r e p o r t reduced t o t a l s , For 1920 New Y o r k C i t y a l o n e t h i s y e a r ' s f i g u r e s c e n t , l a r g e r th a n c o r r e s p o n d i n g f i g u r e s a r e a b o u t $ **2 ,0 0 0 ,0 0 0 , f o r 1920, DEBITS TO INDIVIDUAL ACCOUNTS AT CLEARING HOUSE BANKS SUMMARY BY FEDERAL RESERVE DISTRICTS Number o f Week e n d i n g Federal R eserve D is tr ic t c en te rs in clu d e d D ec. 7, 1921 Nov. (in No* Ik 1 1 Boston 2 New Y o r k 3 P h ila d e lp h ia 1+ C l e v e l a n d 10 13 8 5 Richmond I or 10 p e r 6 A tla n ta 7 Chicago 8 S t . L o u is 9 M in n e a p o lis 10 K a n sa s C i t y 11 D a l l a s 15 1 2 San F r a n c i s c o . * 12 ,6 7 7 *C 0 ,*2 3 3 3 *,7 *7 Dec. 19 20 17,622 *9 9 ,5 16 227,721 217 , 90s *,031 16 806,529 169,728 1,0 17 ,2 8 3 2 0 1,8 9 7 18 2 ,8 2 8 118,01+1 203,202 2 8 5 ,0 6 7 120,081 8, 7 7 1 , 3 5 9 8> * *,5 2 5 ,7 6 0 3 9 9 ,*9 1 3 5 2 ,5 19 19 *,8 3 3 *.637 532,273 8 , 662,003 15 *6 8 .6 6 4 ....5 3 6 , * * 3 ..... . 153 TOTAL 352,600 *,14 8 ,1*0 956, 36* 199 , *15 137,727 227 , *77 130,670 11 12 20 1+04,929 *,9 5 3 ,2 1* 180,14-32 5 1921 thousands o f d o l l a r s ) 231,588 15 23 30, 7 ,* 3 3 ,1 1 5 REPORTING CENTERS BY FEDERAL RESERVE DISTRICTS (In thousands o f d o l l a r s ) DISTRICT No. 1 Ban go r B oston - BOSTON . (* 262 , 063) F a ll R iv e r H artfo rd H o ly o k e 3 ,6 9 3 3 *2 ,5 3 6 5 ,2 6 3 22,60 8 2,8 0 6 l+,l+2l+ L ow ell M anch ester 6 ,19 7 5,9 6 6 New B e d f o r d 16,825 8,510 New Haven P o rtla n d P ro v id e n ce S p rin g field 3 0 ,*3 9 li+ ,o i5 W a te r b u r y W orcester DISTRICT No. 2 A lb any • N Binghamton Buffalo New Y o r k P a ssa ic R och ester Syracuse ‘ (* 3 ,3 3 5 231 , 122 ) 299,565 6 ,3 *1 20,765 2 ,5 7 5 3 ,9 17 3 ,9 7 5 5 ,7 3 2 3 ,5 S S 13 ,12 3 7 ,0 2 3 , * 1 2 ,5 5 1 27 70 6 ,6 6 9 14 ,8 5 1 20 ,9 73 18 , 51+0 *,326 56,709 1+ , 8 1 9 , 1 1 8 5,523 31,793 1*,7 12 6 ,2 8 7 23 , 90s 10 ,6 *3 5 ,io * 11 ,1 8 1 YORK *,9 12 261,079 3 ,19 7 *7 ,9 *1 *,0 3 8 ,8 3 7 *,750 23 ,10 9 11,766 5 ,170 6 ,6 9 9 5 .2 9 7 10,198 3 3 ,5 6 3 li+ , 1+19 6,961 16 , 38* 2 2 ,72 7 3 ,9 7 5 66,263 * , 377,*23 *,6 3 0 3 *,6 ** , s 16 03 ♦Debits of banks which submitted reports in 1920 ACCOUNTS AT CLEARING HOUSE Week e n d i n g D ec• 7, 3 D ISTR ICT No. A lto c n a C h ester 1921 Nov. BASKS 30 , 1921 (Inthou sands - *.......... Dec. of 8, 2,901 4 ,1 7 6 L an caster P h ila d e lp h ia R eading S cran ton , Tren to n W ilk e s-B a rre Williamsport Wilmington York d o lla rs ) 6,923 4,612 4 ,9 8 0 3 5 2,4 74 3 .5 1 3 14 ,3 2 0 2 ,73 7 4,054 3 ,3 1 7 4 ,7 7 8 5 .7 6 8 5 ,0 9 5 4 ,3 4 8 2 7 9 ,2 7 5 7 ,2 2 3 4 ,9 7 4 3 3 4 ,3 3 2 11,290 13 ,5 4 3 7,597 4,086 7.108 9,262 11,500 8 ,8 3 4 3 ,3 4 4 7 ,9 0 0 4 ,S 6 S 5 ,9 7 4 8 ,60 8 3 ,7 4 5 3 ,3 7 6 4 ,3 4 2 11,257 61,155 124,471 8,916 16 ,79 0 4 9 ,4 2 3 , s 160,169 14 ,8 7 2 CLEVELAND C in cin n a ti C lev ela n d Columbus 2 6 ,3 2 1 13 ,714 Day t o n E rie G reensburg L exin gto n 5 .7 17 3 ,7 0 5 4 ,2 0 5 2 ,8 5 4 O il C ity P ittsb u rgh S p rin g fie ld T o le d o W h eelin gY oungstow n 107 03 9 f l, ^ 5 .3 6 4 7 ,9 4 8 3 ,13 3 3 .3 6 4 4,167 5 ,0 8 8 2,296 4 ,1 11 15 1.0 6 3 3 .5 0 9 3 3 .7 6 3 8 ,72 1 137,5H 2 0 1,0 18 10 ,6 2 3 8 ,73 1 9 ,5 3 6 14 ,2 2 8 1 1 2 ,7 4 6 10 1,3 9 4 11 0 ,4 3 5 6 ,7 17 3 ,9 5 0 3 ,2 7 4 3 ,9 0 0 5,2 0 3 6 ,8 8 6 5,6 9 6 V 6 ,2 8 2 2 3 ,0 17 2 ,74 7 29,662 8,034 3 ,5 8 1 30,442 5 DISTRICT No. - RICHMOND B altim o re C h a rlesto n C h a rlo tte Co lu m bia G r e e n v i l l e , S . C. H un tington . N o rfo lk R a leigh Richmond W a sh in g to n W ilm in g to n 5 .4 5 5 6,365 5 ,5 2 6 4 ,1 8 1 5.103 18 ,9 78 3 .4 c o 3 7 ,3 19 42,151 4 ,9 3 9 13 ,9 13 3,050 28,269 4,9 0 0 32,89 0 3 2 ,8 3 8 3 7 ,6 15 2 1 ,9 5 7 2 4 ,9 6 1 6 ,7 4 9 4,145 6 IT S o . - ATLANTA A tla n ta Au gusta Birmingham C h attan o o ga J a ck so n v ille K n o x v ille Macon M ob ile Montgomery N a sh v ille New O r l e a n s P en saco la Savannah Tampa V icksbu rg 1920 PHILADELPHIA H a r risb u rg Johnstow n D IS TR ICT N o. 4 Akron St-2 4 73 a . ' 25,4 8 9 6 ,3 3 7 13,920 8,491 10 ,2 7 9 6,032 4,0 2 7 6 ,18 0 3 ,7 8 0 14 ,12 3 60,596 1,5 70 11,3 7 0 6 ,4 8 2 1,75 6 5,621 12,031 5 ,9 6 3 17 ,112 11 ,2 7 6 10,072 4,770 14 ,13 1 7 ,1 10 3 ,5 0 5 4 ,6 9 7 6,279 3 ,2 3 0 12,060 62,245 1,3 4 4 9 ,19 8 4 ,7 9 7 1,7 6 1 7 ,7 8 7 4 ,1 5 2 2 1,7 9 9 7 5 .5 0 4 1,867 12,454 6,593 1,716 S t . 2475b . E7BITS TO INDIVIDUAL ACCOUNTS AT SHAPING HOUSE BANKS l, Do C‘ T F ? I------- ~ D ISTR ICT No. 7 - CHICAGO B ay C i t y Biocii.ir.gt. on (in Fo~v7~5D",.. I$2T thousands 2,667 1.898 7 , 79s 2*787 2,117 9 , 60s 648,920 Cedar R a p id s C hicago T e c T ^ r i'S S C T of d o lla rs ) 3,153 2,534 548,462 1 C ,856 67a,1S1 Davenport 6,3^7 5.7S5 8,204 D ecatur Das M o in e s D e tro it Dubuque F lin t F t . Wayne 3,162 2,200 12,900 3,285 17,034 119,008 15»729 2,763 4,716 7.742 M il w a u k e e M o lin e DISTRICT No. S - 4,596 53,3,50 6,002 17,719 25,070 2,514 3 , 4o6 3,863 43,377 1.947 1 ,1 9 7 21,071 30,844 3 »12U 4,243 Grand R a p i d s In d ia n a p o lis J a c k s on Ital OT.azoo L an sin g P e o r ia R ockfo rd S io u x C i t y S o u t h Bend S p rin g field , W a te rlo o 5 ,13 7 111, 32*386 3,636 5,376 5,027 59,825 3,055 3 ,9 5 9 6,225 5 ,4 6 4 5 ,2 8 2 5 .7 8 5 12 ,7 3 1 3 ,4 2 9 5,075 1.919 3 ,5 4 9 5,103 2 ,9 3 3 ST. LOUIS Mo. 6,497 - 4 ,5 2 0 (*2 8 ,0 19 ) 5 .0 9 7 9.349 11,168 3 3 .6 2 9 2 4 ,77 6 23,434 28,209 1.8 0 5 (*10 4 ,4 o 6 ) ll4 — 2,965 , 359 2,298 1,5 3 6 1,4 18 1,8 0 1 1,831 3 ,2 7 6 13 2 ,6 4 7 - MINNEAPOLIS B illin g s 2,33 S 14 ,76 1 D u lu th Fargo Grand F o r k s Great F a l l 3 H e le n a M in n e a p o lis 16 ,4 11 2,010 - 2,003 3 ,13 6 2 ,3 5 2 2,4 0 1 3 ,5 5 8 S u p erio r Winona 3 3 ,2 6 5 3 ,1 8 3 2 ,6 6 3 1,4 8 2 2 ,79 5 S t. Paul S io u x F a l l s DISTRICT No. 10 A tch iso n 7,092 21,050 7,456 2,722 DISTRICT No. 9 . Aberdeen 3,471 5,540 8,190 F a s t S t . L o u i s and 8 ,8 2 4 K a t ‘ 1 S to c k Yards 5 ,0 6 0 E v a n sv ille 10 ,5 4 4 L i t t l e Rock L o u is v ille ( * 2 3 ,0 1 6 ) 30 ,10 7 Memphis 2 8 ,9 3 7 Q uincy S t . L o u is (*13 1,8 5 8 )1 4 5 ,0 0 4 S p rin gfield , 91,324 2,557 4 , 33s 103,518 72,262 31,086 6 0 ,8 2 1 2 4 ,8 12 4 ,0 b C 3 ,4 2 2 2 , 11 s 1,9 2 9 2 ,9 77 9 4 ,4 4 4 3 2 ,4 16 5 ,4 0 0 2,^ 24 851 1,2 0 2 1,5 3 9 KANSAS C ITY 1,16 3 B a r tle sv ille Ch eyenn e Colorad o S p r in g s Denver Jo p lin Kansas C i t y , Kansas C i t y , Muskogee Mo. Oklahoma C i t y Oiraba P u eblo S t. Joseph 2 ,13 5 2 ,4 6 s 2,0 0 2 3,033 2,268 2,0 9 6 3 0 ,77 4 2 .7 7 5 46 2 2*13 3,491 6 7,9 9 5 3 ,lll 2 1,8 9 7 4 0 ,8 18 3 ,7 9 4 16,211 14,615 2 ,9 8 0 io f b a n k s 4 ,3 2 9 5 7 ,2 8 0 81 , 36s 3 ,8 3 7 5 ,7 4 7 2 6 ,0 18 19,122 32,300 5.157 1 4 ,016 4 8 ,13 3 4 ,9 4 3 14 ,3 4 2 3 ,1 4 1 3 ,6 8 6 27,626 1 7 k294 9 ,8 H ♦ D e b its ,966 2,863 1,900 3 ,112 Topeka T iu sa W ich ita - 2 , 06S 3 4 ,15 3 , K ans. 1,17 9 1,623 t fh i c h s u b m i t t e d 9 ,2 3 5 re p o rts in 192 U, 10 ,S 15 DEBITS TO INDIVIDUAL ACCOUNTS AT CLEARING HOUSE BANKS Week ending Dec. ~7 , 1 921 ~ l~ o v : 3G~, 1921 __ Dec. [in thousands of dollar. DISTRICT No. 11 - DALLAS 2, i 4 i Albuquerque 1,9 5 4 Aus tin 2 ,4 3 6 3,655 Beaumont 3,005 2 ,4 77 i* Dallas ( 3 4 ,3 3 4 36,752 El Paso 7,913 6 ,9 9 7 Ft. Worth 29, 44c 30,420 14,115 Galveston. 18*59S k Houston 25,090 2 6 ,5 2 3 San Antonio 5,422 7,205 Shreveport 5 ,6 2 5 5 .8 15 l.OSS Texarkana, Tex. 1,17 9 1,504 Tacson 1,8 9 9 Waco 3 ,6 5 4 4 ,10 3 .DISTRICT No. 12 - SAN FRANCISCO Berkeley Boise Fresno Long Beadh Los Angeles Oakland *Ogden Pasadena Portland Reno Sacramento I. Salt Lake City San Diego San Francisco San Jose Seattle Spokane Stockton Tacoma Yakim a 4 , 2S0 2,900 16,043 7 ,3 7 3 113,380 23,122 4 ,8 7 1 6 ,0 8 6 30,269 2 ,6 9 9 19,881 19 ,6 8 3 9 ,8 7 6 ' 2,129 3 ,9 6 0 4,622 4 3 ,4 4 4 11,531 24 , 71 s 38 ,58 4 8,5 54 8 ,9 5 5 1,884 1,560 4 ,6 9 6 2 ,3 9 9 3,408 11 ,4 3 8 19,140 2,519 6,007 108, 7 S 9 17 ,8 5 1 4 ,6 2 6 4 ,8 0 9 2 9 ,3 2 5 2,255 13 ,3 3 8 15 ,4 5 4 7 ,1 4 4 211,581 178,454 6 ,1 2 9 4 ,7 9 7 3 5 ,9 9 8 28 ,4 5 5 1 1 ,8 5 4 St.2473c. 8,129 6 ,0 13 . ,50 4 8 7,701 3 ,4 4 4 2,546 5 ,0 8 5 2,98 7 6,167 103,085 23,311 5 ,9 6 4 6,065 4 o , 505 3 ,15 6 8 ,13 3 20,498 8 ,5 9 7 207,208 5 ,3 3 8 36,455 13,011 6,165 9,745 3,335