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Released for publication Sunday morning Fab* 2, 151SI not earlier - St .1S3 PRESS STATEMENT * February 1, lS'l^ * Below is given the Federal Reserve Board* s twenty-fourth weekly statement of total debits to deposit account, reported through the Federal' Reserve Banks by about 15 O of the country*s more important clearing houses* Transactions cover the weekly periods ending Wednesday January 22 and Wednesday January 2 5 , Further substantial reductions are shown in the total debits to both in dividual and bank accounts. For the first the decline for the week amounts to about 13 per cent. Equal or larger relative decreases are shown for the three Eastern .districts, also Chicago and San Frc-mcisco , while smaller relative decreases are given for the three Southern, also the Cleveland, Minneapolis and Kansas City districts* It is apparent thxt on the v/hole the decline in the volume of transac tions is more pronounced in the industrial than in the agricultural sections ox the country* Debits to bank account show an even larger relative decline, though changes for' the week in the volume of these debits by no means correspond to changes in debits to individual account, as may be seen from a comparison of the resi.jctive figures for the Philadelphia, Cleveland and Atlanta districts* The statement closes with a recapitulation giving comparative data by reserve districts for I 5O centers reporting complete data for both weeks* Figures of re porting clearing houses by Federal Reserve districts are as follows; _______________________ 1* BOSTON Bangor Boston Fall River Hartford Holyoke Lowell New Bedford 1I3V7 Haven Providence Springfield ■Taterbury T’orcester HEW YORK Albany Binghamton Buffalo Haw York PassaicRochester Syracuse •' PHILADELPHIA . Altoona Che st er Harri sburg Johnstown . Lancaster Philadelphia Reading Scranton Trenton ^ilk:)S Bar re Tilliamsport Wilmington York : Debits to Individual : Debits to Banks1 and :.______ _ Account_____________: __ ____ Bankers1 Account______ January 22 : January 2q__ ^__Januar y 22 : January £S (In thousands of dollars) 2, SOS 233,255 6,357 20,473 3,35s 5,346 6,272 17 35,756 15,801+ 7,055 18,504 fiol 15,362 2 ,803 .53,953 4,238,673 4,133 2 4 ,243 14,454 2,202 ■4,725 4,721 2,31s 3,977 .. 327,248 3,205 n ,573 10,207 6,420 3 ,224 10 ,108 3*007 7S5 214,366 402 2,110 312 557 203 1,020 2,155 561 743. 1,631 27s 177,22s 422 1,234 638 352 110 506 1,643 522 661 1,413 1^,556 12,652 13,572 i,57i,S*> 364 630 552 n 2# i , 584,4so 203 634 506 68 188 71 17 16s 362 ,182 > 55 354,046 2,535 31 s 135 208 1,550 302 73 312 46 ^7 2,131 223 ,283 6,220 16,227 2,663 5,336 5. 71^ 18,346 25,166 12,50s 5,631 12,843 . 20,858 2,3c0 53,^56 3,736,13s 2,317 21,61s 12,43s 2,230 5,503 4,305 2,253 3 , 5&4 268,552 3 >2S 12,589 7.771* 4,444 2,381 8,320 2,611 ' 30 270 St .183a : Dabits to Individual : Debits to Banks* and _________Account______________________ Bankers* Account______ ______ ____ _____________ : January 22___ ; January. 29__ : January 2?.____ 5__ January 29 (in thousands of dollars/ 4 . CLEVELAND Akron 16,122 16,045 652 156 Cincinnati 52,211 49,941 Si ,53 7 42,335 Cleveland 132,446 ■101,302 125,378 133 ,033 Columbus 23,255 21,525 2,850 '3 ,32 s Dayton 11,204 10,545 512 Erie 6,524 64 6,911 %■ Greensburg ,?a. 2,533 3,537 Lexington,5y • 3,716 10,274 6,311 5,373 Oil City 2,336 2,623 3,211 1,756 Pittsburgh 320,370 185,723 175,877 378,035 Springfield 2,159 1,335 3,157 3,115 Toledo 2 3 ,432 8,630 7,182 21,351 TJheeling 3,267 8,506 10,716 7,373 Youngstown 1 /CU7 84i • 14,237 12,351 RICHMOND Baltimore Charleston Charlotte Columbia Norfolk Raleigh Richmond ATLANTA Atlanta Augusta Birmingham Chattanooga Jacksonville Knoxville Macon Mobile Montgomery Nashville New Orleans .Pensacola Savannah Tampa Vicksburg CHICAGO Bay City Bloomington Cedar Rapids . . Chicago Davenport Decatur,111. Des Moines Detroit Dubuque Flint Fort Wayne Grand Rapids Indianapolis Kalamazoo Lansing Milwaukee Peoria Rockford,111. Sioux City,Iowa South Bend Springfield,111 . Waterloo,Iowa ' 85,574 72,321 6 , 690, 6,300 7,342 6,500 6,231 16,951 5,324 19,443 5 , 31 s 24 , 19b '2,300 28,976 . 2 3 , 54s 6,446 9,685 7,531 ■33,370 6 ,442 12 ,376 9,031 9,506 5,700 10,563 4,758 4,944 6,413 4 ,145 18,564 69 ,233 2,071 12,301 4,594 1,874 5,377 7,621 4 , 6lS 15,555 71,369 1,844 14,553 4,963 . . 2,321 2,866 2,803 5,735640,873 7,244 3,342 32,181 3,052 3,497 58,277 12,134 4,752 . . 7,500 2,575 22,731 3 ,200 75,530 2,644 3,125 49,411 10.362 3,283 80,267 3 ,5°3 7,646 10,322 1,^53 ‘3 ,046 374 721 13,521 46,313. 3 83 3,537 ' l,5°3 201 676,663 33 ,136 1,800 4,293 4,563 8,000 3 ,402 15,363 3 ,482 544,374 16,020 38,435 3 ,285 26,444 2,070 8,105 24,537. 2,433 533 1,291 3 ,64g 16,602 26 ,633 13,208 3,563 . 2,848 ■2,227 4,44o 5,531 2 ,334 19,959 102,211 . 2,035 5,456 . 5,220 . 42,743 2,412 757 44,353 43 ,824 1,425 106 1,954 5,5^2 • 27,343 705 24q 3i,55& 2,678 4,6o4 1,533 3,221 •961 . 719 13/822 38,307 593 3,632 1,775 15O • 444. 1,037 8,111 554,953 1,870 55s 36,253 42,380 1 ,000. 19 1,599 4,364 22,714 407 3.47 27,622 1,349 4,033 18,321 198 16,765 17 ,083 84 14,673 3 ,3C9 3,585 3 ,353 2,851 2,137 i,64o 2,354 2,326 1,230 1,109 : Debits to Individual : Debits to Banks' end :_______ 'Accoyint __;_________:________ Bankers1 Account_____ ; January 22 __ 1__January 29 : January 22 *. January 2l(In thousands of dollars) 2. ST# LOUIS Evansville' Little Hock Louisville Memphi s ■St* Louis 9 * -MINNEAPOLIS-. Aberdeen Billinas Duluth Far;.:o Grand Forks Great Falls Helena Minneapolis •St* Paul Superior 10, KANSAS CITY Atchison Bar t1 esvi 11 e ,0kla . Colorado Springs Denver Joplin Kansas.City,Kans* Kansas City,Mo* Huskb g ee ,Okla * Oklahoma City Omaha' Pueblo . St, Joseph Topeka ' Tulsa T.?i chita 11, DALLAS ■Albuquerque Austin Beaurront • Dallas El Paso Fort TJorth Galveston. Houston San Antonio Shreveport ' .Tsxarkana Tucson Waco 3,900 7 ,50G 42, 6U5 3I,10S l44,S50 ^,252 7 ,bS9 1+1,643 2S,703 129,907 1,227 2,037 1,130 1,649 29,534 1,763 1,062 2,925 2,352 64,792 31.521+ 2,365 1,384 2 ,SS3 2,711 so ,296 44,421 1,995 9U0 2,723 2,15'4■ 5c ,107 3,1^3 ^,936 9S ,1S3 3 ,569 15,133 63 ,4s4 ll*+,H 'b-yb '"& 2S ,071 31*-,S33 S10 1,733 61+7 69 902 2 1 ,1+Sl 533 1,809 27,515 2,767 3 .055 7 8 ,1+56 2,6o4 12,895 59 ,1+54 3,139 22,059 1,360 1,191 1,595 3,03*+ 1 ,17^ 1,003 4,169 2,693 1,493 3,517 3 , 755 S9.202 5 2 , 10 s 133 3,718 is ,790 1,517 >+3,239 25,633 IU 1 J 36 1,300 5,023 20 ,090 8,300 3 ,742 4,302 ' 31,251 6,U05 IS ,931 7 ,3?S 2l+,2c '4 6,1+93 5 ,321+ 2,403 6,^19 7,866 3 ,542 3,635 28 ,901 ^ PTC 17 .-231 6,303 2'4 ,271 (a) 6,617 5,222 CC.7I l,b j 8 3 :o63 5,515 190,637 2.,6S3 11 ,*+79 6 s ,840 828 15,7^5 1,653 7,13^ 13 ,212 4,0S1 2,45U 702 76,057 3,056 43,444 5,131 56 ,388 5,1+S7 603 1 ,i+o4 2,024 1,246 6,650 33,007 24,25 4 126 ,UjO 37^ 1,003 • 3,676 2,039 Kli l.lUs 2, S36 73,633 42 ,6g2 58 536 66 574 22,144 6l4 5,151 1 62,346 2,132 11,622 60 ,672 S3 S IS,46s 1,370 7,130 1 1 , 52s - 3 >81 3,093 33^ 6 1 , 5^6 8,384 42,263 ,3,3-1 . 43,064 M 27 337 1,569 2 , ISO Debits to In divi dual Debits to Banks7 and Bankers' Account Account January 22 : January 29 Januar.y 22 : January 29 (In thousands of dollars) 12. SJUI FRANCISCO Boise Fresno Long Beach Los Angeles Oakland Ogden Pasadena Portland Reno Sacramento Salt Lake City San Diego San Francisco Seattle Spokane Stockton Tacoma Yakima 2,600 5,156 2,322 5^,512 61,230 1 1 .853 1+^353 2,831 39,691 1 .0 S3 14.208 17,785 5,732 132 , 91+7 **3,839 9 ,8oi ’4,001 12,31)4 1,757 . 10,6l4 3,690 2,744 36,571 1,50s .11,366 13 ..3^3 4 ,6 54 123,852 42,249 7,23s 4,139 9 >32 1,523 U,7ii 3,379 6,33^ 3,512 2,365 6,Ol4 2,331 ' 65 90 4 2 ,302 2,971 5 ,9 H 192 23,326 1,960 5,053 26,653 512 132 ,967 27,604 7,61s 3,000 7,504 35,715 2,72s 5,261 319 22,159 1,504 4,374 22,172 222 97,288 20,954 7,056 2,46o 7,803 402 439 4 Recapitulation showing figures for centers reporting both weeks* Federal Reserve District •Number of: Debits to Individual : centers : Account : included : January 22 1 January 29 1» Bo ston 2 » New York 3 • Philadelphia 4, Cleveland 5 . Richmond b . Atlanta 7■ > Chicago 8 . St. Loui s 9* Minneapolis 10 .Kansas City 11 -Dallas 12.San Francisco 12 ■ 185,114 1,609,711 35b,64i *+73,125 226,089 2 ,002 ,013 366 ,040 597 , 49s 955,598 187,136 317,862 230,007 121,191 s72,360 212,194 219,836 171,313 i 4i 159,662 345 ,45s 206,957 298 ,4ii 174,624 238,609 5,573,811 4 , 698,538 *+33,779 7 13 14 7 15 4 , 423,399 21 5 393,535 503.210 154 >34 209,256 10 15 13 290,409 116,626 GRAND TOTAL I 50 8 , 306,496 18 3i+6,72S : Debits to Banks* and : Bankers Account : January 22 : January 29 424.430 3 , 850,335 329,300 140,699 ,34o 246,740 103,670 342,2787,196,957 158,246 496,327 156,045 123,564- 723,005 196,627 132,460 305,811 (a) Figures cor/prise debits to both individual as well as to banks' and bankers' account.