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STATEMENT FOE THE PRESS st. 3S5S Federal Reserve Board, December 22, 1923' Released for publication Sunday morning, Dec. 23; not earlier. BANK DEBITS Debits to individual accounts for the week ending December 19 aggregated $10,730,000,000 or about 11 per cent above the total of $9 , 699 *000,000 reported for the preceding week. The increase is largely due to the payment of Federal income , and profits taxes due on December 15 in addition to the usual mid-month payments. All of the more important centers, except Dallas and Portland, O r e ,, report larger figures than for the week before. New York City reports an increase of $507, 000,000, Chicago - an increase of $79>000,000, Boston - an increase of $70 ,000, 000, and Philadelphia - an increase of $50,000,000. As compared with the corresponding period in 1922, debits for the week under review show an increase of $310,000,000 or about 3 per cent. Larger figures are reported for most of the important centers. New York City shows an increase of $106,000,000, Boston - an increase of $51,000,000, Chicago - an increase of $44,000,000 and Los Angeles - an increase of $30,000p0&The largest decrease, $l 6 ,000,000, is reported by Pittsburgh, Debits to individual accounts were reported to the Federal Reserve Board for banks in 250 centers, of which 242 are included in the summary by Federal reserve districts. Federal Reserve District DEBITS TO INDIVIDUAL ACCOUNTS BY BANKS IN REPORTING CENTERS ___________ SUMMARY BY FEDERAL RESERVE DISTRICTS_________________ We e k e n d i n g Number of centers Dec. 12, 1923 Dec. 20, 1922 Dec. 19, 1923 included (in thousands of dollars) No, 1 Boston 2 New York 3 Philadelphia 4 Cleveland 5 Richmond 6 Atlanta 7 Chicago S St, Louis 9 Minneapolis 10 Kansas City 11 Dallas 12 San Francisco TOTAL 16 13 18 23 22 620,904 5,670,510 518,079 633,029 529,407 5,096,559 454,082 566,206 24 34 309,652 279,124 290,985 1,189,118 11 306,690 1,064,355 276,501 154,578 255,794 14 26 15 26 2H2 158,785 273,869 164,133 656,408 10 , 780,301 1560,-527 5,539,571 498,591 637,949 302,541 252,999 1,139,716 300,707 173,863 287,699 252,162 162,445 596,411 9,699,485 165,812 609,397 10,469,672 REPORTING CENTERS BY FEDERAL RESERVE DISTRICTS (In thousands of dollars) DISTRICT NO. 1 - BOSTON Bangor, Me. Boston, Mass. Brockton, Mass. Fall River, Mass. Hartford, Conn. Holyoke, Mass. Lowell, Mass. Lynn, Mass. Manchester, N. H, New Bedford, Mass. New Haven, Conn. Portland, Me, Providence, R. I. ^Springfield, Mass. Waterbury, Conn, Worcester, Mass, 4,724 421,087 6,170 S.S77 29 , 65s 4,074 5,564 7,04s 6,162 8,865 22,534 1 1,1 12 40,190 16 , 29s 9,370 IS ,871 3,289 3,225 351,529 369,965 26,009 26,969 4,336 4,s6s S.73S 3,739 4,933 5,937 4 ,618 7,600 21,079 9,620 36,705 15,879 7,442 17,419 6,410 9,30S 5,681 6 1*13 6 ,“ 37 8,822 20,297 7,547 39,502 17,849 o, 802 15,964 ....7^................. Dec. 19, 1923 ..-----.................... ................ ' Week ending Dec. 12, 1923 „„■ «< *——--.. Dec.. 20, 1922 (in thousands of dollars) DISTRICT NO. 2 - NEW TOEK 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, N. Y. DISTRICT NO. 3 PHILADELPHIA Allentown, Pa. Altoona, Pa* Camden, Ni 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. Wilmington, Del. York, Fa. DISTRICT NO. 4 - CLEVELAND Akron, Ohio Butler, Pa. Canton, Ohio Cincinnati, Ohio Cleveland, Ohio Columbus, Ohio Connellsville,. Pa, Dayton, Ohio Erie, Pa. Greensburg, Pa. Homestead, Pa. 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 W. 27,3*+2 5,002 79,3^5 4 , 31+3 4,446 4-,504 75,231 5,335,l6l 4,222,271 67,641 9,330 38,787 3,277 16,101 47,133 7,993 33,214 3,033 13,331 7,497 4,408 13,904 6,752 11,444 3,158 6,642 3,609 5,162 6,180 1,977 1,026 380,698 10,856 17,400 15,723 11,579 4,326 10,596 5,327 16,21? 3,504 9 , 605 80,794 154,221 3 7 ,200 1,3 3 4 17,445 7^ X 3 4,235 961 6,745 5,133 1,702 2,532 . 2,694 199,702 5,4o6 43,252 2,941 13,011 12,087 3,222 12,742 4,627 65,339 4,083 4 ,4 n 3,534 62,788 11,630 5,824 9,730 3,799 5,341 5,688 1,725 1,104 330,617 9,887 18,500 13,806 10,991 3,220 7,998 4,251 14,346 2,540 9,139 62,031 134,953 34,144 1,2 17 14.557 7,16o 4,724 967 5,636 4,236 1,412 2,421 3,336 180,237 4.557 4l,i46 3 ,cio6 10,670 14,630 '3,015 30,760 4,224 72,143 3,789 4 ,4i4 4,147 7 3 ,4 5 9 5,229,239 50,999 8,040 36,028 3,231 12,432 7,312 3,457 13,873 6,277 8,t28 2,786 5,706 6,192 1,595 926 369,974 10,365 16,998 l 4 ,814 10,012 4,237 9,612 5,615 15,340 2,572- 11,070 82,533 l4g ,212 34,220 1,426 . 15,523 7,499 4,765 794 6,542 4,203 1,359 2,576 3,398 216,153 , 4,123 45,514 2,262 10,936 12,246 2,271 ffiTOTTS TO INDIVIDUAL ACCOU N TSjL2M ^^lO^QB TI|IG_.ClN TEl3--- St. ,3858b W_e e k e n d i n g . -----Dec* 2.0, 192c Dec. 19, 1923 (In thousands of dollars) DISTRICT NO. 5 - RICHMOND Asheville, N. C. Baltimore, Md. Charleston* S. C. Charleston, Wi VaCharlotte, N. C. Columbia, S. C. Cumbe r1and, Md. Danville, Va. 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, N, C. Winston-Salem, N. C. 5.95S 96,200 9,152 13,375 7,300 2,140 3,811 5.404 6,229 6,363 2,765 6,691 4 ,9 15 1,9 6 1 19 , 69s 7,064 3 7, s 66 7,076 3,215 49,£76 5.404 7,186 4,986 83,135 8,602 s,6s4 10,930 5,424 2,509 3,525 6,027 5,551 7,322 2,709 6,536 M 91 2,267 23,814 8,000 3^.509 5,660 3,291 47,073 6,440 7,602 DISTRICT NO. 6 - ATLANTA Albany, Ga. Atlanta, Ga. August a, Ga. Birmingham, Ala. Brunswick, Ga. Chattanooga, Tenn. Columbus, Ga. Dothan, Ala. Elberton, Ga, Jackson, Miss. Jacksonville, Fla. Knoxville, Tenn* Macon, Ga. Meridian, Miss. Mobile, Ala. Montgomery, Ala, Nashville, Tenn. Newnan, Ga. New Orleans, La. Pensacola, Fla. Savannah, Ga. Tampa, Fla. Valdosta, Ga. Vicksburg, Miss. C. 1,200 35,967 7,707 28,200 778 9,800 3,ol4 741 324 3,770 14,870 5,997 6,053 2,147 8,102 5 ,951 17,819 559 9 S , 139 1 , 9^8 10,648 5 ,16 5 1,098 2,257 1,174 27,137 9,208 8,725 3,070 96s 280 4,18 6 13,567 8,185 5 ,4 3 1 2 , 56s 7,262 6,013 16,977 525 90,835 1,869 9,575 7,931 1,140 2,479 4,228 97,500 5,734 10,551 9 ,6 14 5,395 2,240 3,862 5,081 M 59 4,700 2,464 7,166 5,517 1,986 17,449 9,300 35,388 5,221 2,385 49,459 5,881 11,995 1,300 32,606 7,276 25,799 73*+ 9,064 3,701 705 302 3,172 13,023 9,279 5,407 l ;922 7,139 5,281 17,414 527 86,310 1,781 8,996 7,267 1 ,1 9 1 2,803 DEBITS TO INDIVIDUAL ACCOUNTS BY BAMS IN REPORTING- CENTERS Week ending T Dec.. 12, 1923 Dec. 19, 1923 St. 38 58c Dec. 20, 1922 (In thousands of dollars) DISTRICT NO. 7 - CllIUAgo Adrian, Mich. Aurora, 111, Bay City, Mich. Bloomington, 1 1 1 . Cedar Rapids, Iowa Chicago, 1 1 1 . Danville, 111. Davenpo r t , Io wa Decatur, 1 1 1 . Des Moines, Iowa Detroit, Mich. DubuqUe, Iowa Flint, Mich. Fort Wayrie, Ind. Gary* Ind, Grand Rap ids, Mi ch. Green Bay, Wis. Harnn.ond, Ind. Indianapolis, Ind. J ac-kson, Mi ch. Kalamazoo, Mic-h. Lansing, Mich. Mason City, Iowa Milwaukee, M s . Moline, 1 1 1 . Muscatine, Iowa Oshkosh, Wis. Peoria, 1 1 1 . Rockford, 1 1 1 . Saginaw, Mic.h. Sioux City, Iowa South Bend, Ind. Springfield, 111. Terre Haute, Ind. Waterloo, Iowa DISTRICT NO. 8 - ST. LOUIS East St. Louis and Nat'l Stock Yards, 111. Eldorado, Ark. Evansville, Ind. Fort Smith, Ark. Greenville, Miss, Helena, Ark. Little Rock, Ark. Louisville, Ky. Memphis, Tenn. Owensboro, Ky. Quincy, 1 1 1 , St. Louis, Mo. Sedalia, Mo, Springfield, Mo. 895 3.944 3,091 2,892 6.576 730,000 3,600 8,167 3 >36 17,9^5 168,654 3,363 8,076 8,998 3,089 17,039 2,909 4,o4o 39,^63 4.945 5,21*5 7,009 2,256 65,^39 1,980 i,7 i4 2,900 9,733 5>0>+3 6,558 19,289 9,725 6,529 6,351 4.576 756 3,333 2,924 2 ,3 ^ 6,193 651,350 3,700 6,707 3 ,l i+3 18,342 136,722 3,372 7,182 9,101 4,703 15,732 2,682 3,5Uo 36,765 4,351 ^,310 7,053 2,39*+ 62,999 1,896 1,835 2,500 9,606 5 , 66l 5,798 17,772 9,712 5,992 5,844 3,881 9,222 l,56l 7,113 3,564 1,006 2,160 17,075 1+5,lM+' 4-1,778 2,311 11,758 1,733 7,585 3,490 l , 3*+6 1,759 1 7 ,3>+5 30,928 43 , 22s 2,667 174,650 1,075 154,862 1,656 2,544 789 3,3^5 2,701 2,692 5,133 686,220 2,900 7,9^3 3,5 5 1 17,024 170,854 3,648 6,904 7,467 3 , 2Uo 15,980 2 ,5 ^ 3 .S 20 43,738 4,506 5,067 7,400 2,469 66,377 1,086 l,Ul9 2,600 10,118 5,086 5 ,^ 3 16,230 10,924 6 ,5 ^ 3,917 10,4i6 7 ,1 ^ 2,951 1,107 1 ,6 1 1 14,366 43,112 41,256 2,351 ?, 688 173,709 1,002 3,322 3,517 DEBITS TO INDIVIDUAL ACCOUNTS BY BANKS IN BEPORTINS CWPEBS____ St. ^ S d w e e k e n d i « g Dec. 20, 1922 Dec. 19 , 1923 Dec. 12, 1923 (In thousands of dollars) DISTRICT NO. 9 - MINNEAPOLIS Aberdeen, S„ D. Billings, Mont. Dickinson, N. D, Duluth, Minn. Fargo, N. D. Grand Forks, N. D» Helena, Mont. Jamestown, N. D. La Crosse, ?'is„ Minneapolis, Minn. Minot, N. D. Red Wing, Minn. St. Paul, Minn. Sioux Falls, S. D. South St. Paul, Minn. Superior, Wis. Winona, Minn. 1,423 2,106 353 14,500 3,002 1,734 2,125 49 s 2,720 so , 907 520 64i 45,677 3,935 7,317 1,390 1,153 1,469 2,020 377 17,296 3,096 1,809 2,241 579 2,17£ 1,575 1,294 400 20,013 2,626 3,234 522 S6 , 2 l 6 t ':'* 573 4l,s63 3,270 3,471 1 ,S 06 1,1 3 2 1,154 523 4S , S85 3,6 3 1 1 ,2 5 1 1,229 DISTRICT NO. 10 - KANSAS CITY V. Atchison, Kans. Bartlesville, Okla. Casper, Wyo. Cheyenne, Wyo. Colorado Springs, Colo. Denver, Colo. Enid, Okla. Fremont, Neb. Grand Junction, Colo. Guthrie, Okla. Hutchinson, Kans. Independence, Kans. Joplin, Mo. Kansas City, Kans. Kansas City, Mo. Lawrence, Kans. McAlester, Okla. Muskogee, Okla. Oklahoma City, Okla. Okmulgee, Okla. " Omaha, Neb. Parsons, Kans. Pittsburg, Kans. Pueblo, Colo. St. Joseph, Mo. Topeka, Kans. Tulsa, Okla. Wichita, Kans. 1,423 1,347 3,024 2,630 2,993 36 , 10s 2,331 759 770 S 69 2,413 1,951 3,599 4,54o 8 4 , 7 S0 1,076 1,12 6 3,766 17,924 2,052 46,339 659 1 ,6 5 1 7,377 14,271 3,321 21 , 5S5 9.3S5 1,327 2,157 3,429 2,527 3,015 35,205 2,321 767 759 915 2,728 1,572 3,609 4,765 77,363 1,206 1,051 3,125 15,357 1,500 43,017 773 1 , 72S 4 , 36s 15,520 4,364 13,757 1,454 2,352 2,253 2,94s 35,262 3,129 91 s S34 1,312 3,941 2,115 3,152 4,320 27,152 1,035 1,249 2 1 , 21 s 2,222 4S,3S7 1,17 9 1,510 4,079 16,020 3,353 24,702 11,433 DEBITS TO INDIVIDUAL UCCOUNTS BY BANKS IN REPORTING CENTERS Week ending Dec. 19, 1923 Dec. 12, 1923 St.3S5Se__ Dec. 20, 1922 (in thousands of dollars) DISTRICT NO. 11 - DALLAS Albuquerque, N. M, Austin, Tex. Beaumont, Tex. Corsicana, Tex. Dallas, Tex. El Paso, Tex, Ft. Worth, Tex. Galveston, Tex, Houston, Tex. v Roswell, N. M. San Antonio, Tex. Shreveport, La. Texarkana, Tex. Tusson, Ariz. Waco, Tex. 2 , 26l 4,762 3*831 2,687 48,770 7 ,2 24 19,250 13,877 34,788 2,520 1,883 6,146 3,940 2,797 49,364 7,182 3,370 4,321 1,240 47,488 7,588 1,989 5,487 17,8 96 12,963 33,600 509 8,384 8,644 1,811 1,997 5,329 2 7 ,1 16 17,822 29,102 755 7,467 8,249 2,543 2,005 4,226 DISTRICT NO. 12 - SAN FRANCISCO Bakersfield, Calif. 2,359 Bellingham, Wash. 1,959 Berkeley, Calif. 4,151 Boi se, Idaho 3,386 Eugene, Ore. 2,875 Fresno, Calif, 11,476 Long Beach, Calif. 15,64? Los Angeles, Calif. 188,004 Oakland, Calif. 30,995 Ogden, Utah 7,421 Pasadena, Calif. 8,629 Phoenix, Ariz, 6,651 Portland, Ore. 40,361 Reno, Nev. 2,798 Ritzville, Wash. 251 Sacramento, Calif, 15,074 Salt Lake City, Utah 17,431 San Bernardino, Calif. 2,019 Ban Diego, Calif. 12,148 San Francisco, Calif. 203,190 Saa Jose, Calif, 4,993 Seattle, Wash. ‘ 44,603 Spokane, Wash. 12,900 Stockton, Calif. 6,095 Tacoma, Wash, 9,468 Yakima, Wash. 2,522 2,260 1,933 4,299 2,953 2,528 12,250 13,718 168,548 30,887 6,071 7 ,9 45 6,034 41,130 2,530 225 8,069 17,935 2,033 11,338 173,893 4,969 42,406 12,090 8,081 9,486 2,800 2,562 1,0 2 1 4,069 3,286 2,400 14,444 12,799 158,223 28,676 8,895 7,400 4,501 34,669 2,754 151 22,847 19,435 1,768 11,504 193,489 5,702 39,071 11,840 5,588 10,094 2,209 V w. 615 7,709 8,255 2,628 ~