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W ' ■STATEMENT FOR THE PRESS (Released for publication Sunday morning, Dec. 5; not earlier. St.lOlS, Federal Reserve JBoafrd December 4, 1920. BANK DEBITS Aggregate debits to individual account, as reported by 156 of the country's leading clearing ’nciu.se centers for the week ending December 1, were 8,31*+ millions, or an average of 1,663 millions for each of the five business days included in the week, compared with a total of 9)155 raillions, or a daily average of 1,526 millions, reported for the week before. The larger volume of daily transactions for the most recent week -is apparently due mainly to first-of-month payments, for even in New York City, where the aggregate volume of stock exchange transactions was only about half as large as the week before, an increase in daily average debits from 789 to 22*+ ffiillior.s is noted. As compared with the corresponding week in 1919» which also was a five-day week, debits for the week under review are 1,241 millions smaller, all the important centers, except Philadelphia, Pittsburgh, San Francisco and Los Angeles, reporting reduced totals. DEBITS TO INDIVIDUAL ACCOUNT AT CLEARING HOUSE BAKKS SUMMARY BY FEDERAL RESERVE -DISTRICTS____________ Week ending Federal :Number of: : centers : Dec. 1, 1920 : Nov. 2*+,. 1920 : Dec. 3, 1919 Reserve District : included : (In thousands of dollars) 506, 27s No. 1 Boston 13 *+37,057 2 New York 7 188,330 4,878,262 *+,252,091 5, 397,626 3 Philadelphia 13 *+05 ,940 1+39,987 5*+3,230 4 Cleveland l4 6o!+,3is 552,262 166 , 10 s 5 Richmond 7 17*+, 283 190,949 216,630 6 A tl an ta 15 272,3*+9 223,719 1 , 018,727 7 Chicago 23 979,12s 1, 01+5,420 242,906 206;1+S3 196,312 8 St. Louis 5 172,184 9 Minneapolis 11 189,823 162, 1+73 10 Kansas City 16 325,023 305,277 275,29*+ 164 , 11+5 153,212 " 11 Dallas 12 lUi,043 525,222 51+2,619 12 San Francisco 20 1496,382 4 2 4 , S 4 l TOTAL 156 2 ,31*+, 103 9,15*+,520 9,555.176 REPORTING CENTERS BY FEDERAL RESERVE DISTRICTS (In thousands of dollars) DISTRICT No. 1 - B0STON ■2,926 Bangor . 3,619 3,242 3*+s,oii Boston 222,557 275,931 10,166 7,091 5,728 Fall River 24 ,05 s 24,443 12,590 Hartford *+,297 2,9*+5 Holyoke 3,622 5,969 5,1*42 Lowell 5,239 5,029 Manchester 4,462 9,727 5.122 New Bedford 6,279 19,081 17,845 16,503 New Haven 8,889 9,266 Portland • 8,59*+ 36,912 32,550 Providence 36,303 16,342 17,213 Springfield 15,027 6,7*40 6,831 Waterbury 6,909 16,153 Worcester 18,709 16,873 DISTRICT No. 2 - NEW YORK Albany Binghamton Buffalo New York Passaic Rochester http://fraser.stlouisfed.org/ Syracuse Federal Reserve Bank of St. Louis 19,000 3,523 61+, 39*+ 14, 121,721 *+,691 22,871 15,825 16,943 3,991 71,307 *+,732,177 5 ,& 3 31,972 16,259 19,324 3,698 .66,619 5,046,831 5,169 31,657 15,032 DFilTS TO INDIVIDUAL ACCOUNT AT CLEARING HOUSE BANKS ____ ____ Week ending Dec. 1. 1Q20 J DISTRICT No, PHILADELPHIA Altoona Chester Harrisburg Johns town Lancaster Philadelphia Reading Scranton Trenton Wilkes-Barre Williamsport Wilmington York DISTRICT No * k ~-CLEVELAND Akron Cincinnati Cleveland Columbus Dayton Erie Greensburg Lexington Oil City Pittsburgh Springfield Toledo Wheeling Youngstown DISTRICT No, 5 - RICHMOND Baltimore Charleston • Charlotte Huntington Norfolk Raleigh Richmond Washington Columbia DISTRICT No, 6 - ATLANTA Atlanta Augusta Birmingham Chat tanooga Jacksonville Knoxville Mac on Mobile Montgomery Nashville New Orleans Pensacola Savannah Tampa Vicksburg St,l6lSa Nov, 24, 1920 : Dec. 5. IQIQ (In thousands of dollars) 3, 220 4,585 2,000 4 ,99s 5,396 330,573 3,148 14,288 11,472 s,359 3,672 io,os 6 4,083 3,420 5,517 2,064 5,240 5,077 360,450 3,856 16,544 • 12,339 9,000 3,795 8,488 4,197 3,155 4,989 3,900 3,089 4,872 323,616 4,223 13,295 11,191 7,510 3,366 10,730 3,750 16 ,055 57,977 151,807 29,082 U> 87*+ 7,317 7,243 4,103 3,318 204,255 2,853 27,950 10,550 17,878 14,436 64,356 167,691 30,127 10,638 8,531 5,811 3,757 3,182 240,325 3,324 27,957 24,323 56,151 177,779 29,292 12,842 6,571 5,878 4,806 1,722 169,551 2,914 30,534 10,445 11,022 95,794 7,800 6,643 6,565 .17,064 4,800 29,040 99,^38 6,980 7,139 7,207 .20,068 4,100 31 ,220 12,173 12,010 22,103 6,100 32,333 9~ l4o • 23,517 6,279 17,391 9,458 11,044 8,795 4,04i 7,950 3,960 21,207 7$, 87 8 l , 664 13,92^ • 5,652 1,870 100,162 12,486 8,625 26,790 7,459 17,771 10,78*+ 11,07s 8,090 4,643 6,802 3,846 22,973 77,649 1,839 15,767 6,682 1,546 34,980 11,883 15,297 12,436 12,867 7,i4 l 7,977 9,134 6,018 23,116 96,611 2,166 23,8/4 6,442 2,407 -MLTS TO INDIVIDUAL ACCOUNT AT CLEARING HOUSE BANKS DISTRICT No. 7 - CHICAGO Bay City Bloomington Cedar Rapids Chicago Davenport Decatur Des Moines Detroit Dubuque Flint Ft* Wayne Grand Rapids Indianapoli s J ack son Kalamazoo Lansing Milwaukee Moline Peoria Rockf ord Sioux City South Bend Springfield Waterloo DISTRICT No, 8 - ST LOUIS Evansville Little Rock Louisville Memphi s St, Louis DISTRICT No 9 - MINNEAPOLIS Aberdeen Billings Dulu th Fargo Grand Forks Great Falls Helena Minneapolis St* Paul 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 St. Joseph Topeka Tulsa Wichita lblSb Week ending Dec. I , 1920: Nov. 2h . 19 20: Dec. 3. 1919 ■ (In thousands of dollars) 3.770 2,593 9.736 669,59 s 2,303 2.941 14,516 126,428 3,312 4,281 6,571 3,559 1,997 10,277 64?,o4o 6,580 3,360 17,123 118,293 3,732 5,703 7,891 22,623 29,497 21,599 33,053 3,148 4,209 4.942 4,6io 66,910 1,912 8,845 5,769 5,250 5,969 53,730 2,849 7,330 4,710 11.853 3,147 2,374 12,397 3,949 2,960 3.123 3 .122 3.31? 2,922 7,729 682,468 8 ,868 4,231 18,115 132,255 2,715 10,739 6,984 18,934 30,999 4,295 4,151 5,296 56,869 1 0 ,8 42 ■5,165 12,255 3,194 3,501 2,868 4,674 4,415 10,098 12,038 11,381 27.712 17.293 136,854 22,910 40,477 30,016 136,845 4o , 709 145,924 1,642 2,234 1.319 1,809 28,794 36,931 3.028 1,797 3,148 15,229 4.355 3,363 1,524 3.255 2 ,8 74 80,991 33.797 5,500 2,285 1 ,ll4 434 3.568 1,807 3.881 36,719 2,650 4,386 72,035 6.522 26,323 46,523 3.925 l4,44g 3,562 31,127 11,323 2,961 2,639 9 9 ,4 8 2 35,113 5,000 2,253 1,152 384 3,695 2,050 4,618 53,006 3,166 4,131 92,910 5.227 32,425 52,646 17,809 16,176 2,947 24,486 9,347 2,931 2,855 2,152. 3,290 2,572 96,357 41,943 - 1,918 1,128 390 3,899 1,477 2,818 50,274 3,512 3,483 92,434 5,823 17.221 62,173 5,732 15.925 5,888 21,639 12,523 St .lolSc DEBITS TO INDIVIDUAL ACCOUNT AT CLEARING HOUSE BANKS Week ending Dec. 1 , 1920 : Nov. 3+. 1920: Dec. 3, 191.9.. (In thousands of dollars) DISTRICT No. 11 - DALLAS 1,741 Albuquerque 1,890 2,011 Austin 4,253 3,723 3,350 Beaunaent 4,520 12,359 3.382 Dallas 4 6 ,655 45,201 39,553' El Paso 10,228 9,303 9,347 26,922 Ft, Worth 25,181 26,951 4,030 Galveston 10,300 12,711 41,492 Houston 34,42 o 32,392 2,427 San Antonio S.Q 21 6,4 c 5 S.040 Shreveport 7,953 Texarkana 1,928 1,561 i ,7 H 1,615 Tucson 1,633 1,590 5,787 tfaco 4,172 4,235 3T No. 12 - SAN FRANCISCO Berkeley Boise Fresno Long Beach Los Angeles Oakland Ogden Pasadena Portland Reno Sacramento Salt Lake City San Diego San Francisco San Jose Seattle Spokane Stockton Tacoma Yakima 2,534 2,672 14,857 6,213 95,932 19,456 4,894 4,876 36,201 2,730 18,833 12,052 2,718 3,091 15.559 4,783 104,200 2,946 3,474 13,175 4,541 91,606 20,115 19,792 6,657 5 >890 41,828 3,421 14,329 5,385 39,3^3 3,032 18,508 7,349 198,196 7,845 221,472 5,344 35,415 11,340 6,048 8,413 3,027 4,669 37,138 13,275 4 ,221 9,634 ' 3 , 26b 4,609 23,497 20,031 6,340 193,668 6,126 5 3 ,H 7 15 , 6si 7,013 9,361 3,085