Full text of G.6 Bank Debits and Deposit Turnover : July 13, 1924

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STATEMENT BOB THE PRESS
S t .*1*5.
Federal Reserve Board,
July 12, 192*.

Released for publication
Sunday morning, July 13;
not e a rlie r

BANK DEBITS
Debits to individual accounts, as reported by banks in leading c it ie s fo r the
week ending July 9 , aggregated $ 8 ,2 *9,000,000 or 27 .6 per cent below the to ta l of
$11,386,000,000 reported fo r the preceding week. This large decline i s due in pare
to the fact that the week under review included a holiday, July 4 , and also in part
to the heavy end of month transactions which were included in the figures for the
preceding week. New York City reports a decrease o£ $ 1 ,8 5 2 ,0 0 0 ,0 0 0 , Chicago - a de­
crease of $ 2 6 5,0 0 0,0 0 0 , Philadelphia - a decrease of $12*,000,000 and Boston - a de­
crease o f $1 1 1 , 000 , 000.
As compared with the week ending July 11, 1923 1 which contained six business
days, debits fo r the week under review show a decrease of $1 , 5 1 9 , 000,000 or 15*6
per cent. Declines of $63*,000,000 for New York City, $102,000,000 for Chicago,
$57,000,000 fo r Philadelphia, $*5,000,000 fo r Los Angeles and. smaller declines for
a l l of the other important centers are shown.
Aggregate debits fo r 1*1 centers fo r which figures have been published weekly
since January, 1 9 1 9 , were about $ 7 ,7 2*,000,000 as compared with $10,752,560,000 for
the preceding week and $9,152,122,000 for the week ending July 11, 1923.
Debits to individual accounts were reported to the Federal Reserve Board for
banks in 253 centers, of which 2*2 are included in the strrmary by Federal r.es&rve
d is tr ic ts .
DEBITS TO INDIVIDUAL ACCOUNTS BY BANKS IN REPORTING CENTERS
_______________SUMMARY BY 'EDERAL RESERVE DISTRICTS
Federal
Nmber of
Week
endi ng
Reserve
centers
July 9 , 192*
July 11, 1923
July 2 , 192*
D istrict
included
(in thousands of dollars)
No. 1 - Boston
16
* 59,*58
615,686
529,595
2 - New York
13
*,2 3 2 ,5 7 5
6 , 235,106
*,954,106
3~ Philadelphia
18
*07,*92
557,030
! ^ K 271
* - Cleveland
22
527,725
680,175
66*,*51
.5 - Richmond
22
235,677
299,782
290,131
6 - Atlanta
2*
20*,651
239 , 9 1 *
233,*91
7 - Chicago
35
9**,535
1 , 298 , 20s
1 , 130,022
2 - St. Louis
13
222,253
28*,120
272,62S
176,102
167,283
9 - Minneapolis
15
136,063
270,726
286,262
10 - Kansas City
2*
227,231
11 - Dallas
1*
105,916
12 1,15 2
120 , 06*
12 - San Prancisco
26
* 9 5 , 7*7
607,271
632 , 6*2
TOTAL

2*2

2,2 *9 ,3 29

11,3S5,94*

REPORTING CENTERS BY FEDERAL RESERVE DISTRICTS
(In thousands of d ollars)
DISTRICT NO. 1 - BOSTON
Bangor, Me,
3,320
3,485
Boston, Mass,
411,727
300,993
Brockton, Mass.
5,061
3,501
Fall River, Mass.
6,600
5,589
Hartford, Conn.
37,320
27,403
Holyoke, Mass.
3,327
4,803
Lowell, Mass.
5,622
3,663
Lynn, Mass.
7,206
5,295
Manchester, N, H,
5,023
3,973
New Bedford, Mass
5,055
5,751
New Haven, Conn,
21,966
25,200
Portland, Me.
9 ,io 4
8,620
Providence, R. I .
27,671'
36,703
Springfield, Mass
16,293
20,974
Wat erbury, Conn.
10,260
7,453
Worcester, Mass,
14,676
20 , 8*7
W.



9,767,612

3,944
3* 1 , 64i
4,831
7,405
30,222
4,436
5,656
4,*76
5,619
7,4*0
23,370
11,082
35,405
17,945
7,363
1 8 , 26o

. d e b it s TO IKD'IVlrUAL ACCOUNTS 3Y BAMS IN FEPORTING CgTOFS

St.UgU^a

vfeek
J u ly 9 , 1924

J u ly 2 , 1924

J u ly

11,

1923

(In thousands of dollars)
DISTRICT M). 2 - jffiw YOEK
Albany, N. Y.
Binghamton, N, Y.
Buffalo, N. Y.
Elmira, N, Y.
James town, N. Y.
Montc-la.tr, N, J.
Newark, N, J.
New York, N. Y.
Northern New Jersey Clearing
House Association
P assaic, N. J,
Poughkeepsie, N. Y.
BoChester, N. Y,
Stamford, Conn.
Syracuse, N. Y.
DISTBICT NO. 3 _ PHILADELPHIA
Allentown, Pa.
Altoona, Pa.
Oamden, N. J.
Chester, Pa.
Harri sburg, Pa,
Hazleton, Pa.
Johnstown, Pa,
Lancaster, Pa,
Lebanon, Pa.
Norristown, Pa.
Philadelphia, Pa.
Seading, Pa.
Scranton, Pa.
Trenton, N. J.
Ike Sr-Bar re , Pa,
^illiam pport, Pa.
Wilmington, Del.
?ork, Pa.
DISTRICT NO. 4 - CLEVELAND
Akron, Ohio
Sutler, Pa.
Canton, Ohio
Cincinnati, Ohio
Cleveland, Ohio
Solumbus, Ohio
C on n ellsvilie, Pa.
^ayton, Ohio
J rie, Pa.
^reensburg, Pa,
homestead, Pa,
Lexington, Ky.
Lima, Ohio
Lorain, Ohio
New Brighton, Pa.
Oil City, Pa.
Pittsburgh, Pa.
Sp ringfield, O hic
Toledo, Ohio
Warren, Ohio
Wheeling, W. Va.
Youngstown, Ohio
Zanesville, Ohio

W,



31,009
4,215
62,349
4,2o4
4,128
3.190
56,797
4,012,572

37,012
5,282
89,088
4,401
4,303
4 ,i4 6
S i , 76 s
5,870,941

44,393

56,189
7,802
4,052
49,745
4,176
20,253

7,651
3.352
34,935
3,062
14,020
6,904
2,399
12,0 13
4,797
8,^45
2,885
4,617
5,295
1,6 2 9
813
292,883
7,300
l6 ,4 oo
13,824

8,986
3,727
13,104
5,333
9,738
3,795
5,705
6,490
1,876
957
4i6,900
9.729
20,200
17,946

27,374
5,543
32,171
4,239
4,829
3,462
62,771
4,646,543
45,809

8,478
38,415
3,754
20,118
7.546
3,937

11,859
5.762
11,197
2,669
6,267
6,589

1,935
1,065
349,572
10 ,651
21,900
15,100
11,22 2

9,379
3,247
9,420
4 ,i4 s

l 4 f422

3»96S
9,101
4,54s

4,685
9,395

14,959
2,596
9,453
64,707
124,607
29,153
992
16,501
6,357
5,252
929
4,76o
4,085
1,298
2,323
2,689
171,712

19,591
2,571
10,684
77,038
166,623
3 l,5 l4
1,2 2 2
17,894
7,613
5,900

20,058
3»22 4
12,784
82,457
162,357
36,950
1,476
19,311
8,370
4,851
1,050
6,725
3,391
1 »759
3,264
3,547
208,449
5,742
43,571
3,172
ll,S 9 o
16,874
3,193

4,832

33,956
2,655
8,41+0
13,822
2,950

1.124

5,626
4,310
2,800
3,164
234,758
5 , 13 s
48,256
2,914
11,973
16 ,3 34
3.125

4,870

S t .4 l4 5 b

DEBITS TO INDIVIIUAL ACCOUNTS BY BANKS IN REPOETIiIG CENTERS

We e k
July 9 , 1924

e n d i n K
.......
July 11, 1923
July 2, 1924

(in thousands o f d olla rs)
DISTRICT NO. 5 - HCHMDND
A sh eville, N. C.
Baltimore, Md.
Charleston’, S. C.
Charleston, W. Va,
Charlotte, N. C.
Columbia, S. C.
Cumberland, Md,
D anville, Va.
Durham, N. C,
Greensboro, N. C,
G reenville, S. C,
Hagerstown, Md.
Huntington, W. Va,
Lync.hbur g , 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.
DISTRICT NO. 6 - ATLANTA
Albany, Ga,
Atlanta, Ga,
Augusta, Ga.
Birmingham, Ala.
Brunswick, Ga.
Chattanooga, Tenn.
Columbus, Ga.
Dothan, Ala.
Elberton, Ga.
Jackson, Miss,
Jack sonville, Fla.
K noxville, Tenn,
Macon, Ga.
Meridian, Miss.
Mobile, Ala,
Montgomery, Ala.
N ashvilie, Tenn,
Newnan, Ga.
New Orleans, La.
Pensacola, Fla,
Savannah, Ga.
Tampa, Fla.
Valdosta, Ga.
Vicksburg, Miss.




7,289

4,862
104,750
6,081
g,429
9,812
5,650
2,664
1,992
4,626
5,197
4,225
3,0*40
5,791
5,689
1,954
15,400
6,200
3 3 , 4os
6,063
3,306
54,591
4,503
7,636

5»630
97,500
6,778
10,007
9,644
4,861
2,724
2,780
4,953
5,269
6,086
2,960
6,043
6,215
2,270
15,907
7,600
30,083
5,814
2,616
4 s , 160
4,321
8,686

795
25,221
4,571
25,010
673
7,988
2,777
454
158
4,005
11,5 2 4
7,724
4,146
2,907
5,275
4,490
15,708
379
6 0 ,711
1,387
8,792
7,186
990
1,780

S75
32,407
5,406
27,665
64o
8,447
2,660
469
161
3,600
12,974
7 ,4 l4
4 ,6 17
3,036
6,992
4 ,19 5
17,630
436
77,474
1,725
10,069
8,349
939
1,734

l,o 4 o
31,190
6,123
27,758
710
9,313
2,909
485
199
4 ,i4 o
12,887
7,641
5,632
4,000
7,399
4,6 19
17,393
433
66,620
1,930
10,468
7,597
1,258
1,747

5,949
68,553
77232
9,636
4,000
2,569
1,9 4 5
4,447
4,387

2,284

5,305
4,711
1,4-71
1 3 ,1 1 5
7,080
26,385
6,096
2,739
43,632
3,433

‘

DEBITS. TO INDIVIDUAL ACCOUNTS BY BANKS IN REPORTING CENTERS
lYsok ending
July 9, 1924

July 2, 1924

St.4l45c
July 11,1923

(In thousands of d o lla rs)
DISTRICT NO*- 7 - CHICAGO
Adrian, Mich*
Aurora, 111,
Say City, Mic-h.
Bloomington, 1 1 1 .
Cedar Rapids, Iowa
Chic-ago, 1 1 1 ,
D anville, 1 1 1 ,
Davenport, Iowa
Decatur, 1 1 1 ,
Des Moines, Iowa
D etroit, Mich,
Dubuque, Iowa
F lin t , Mich.
Fort Wayne, Ind..
Gary, Ind.
Grand. Rapids, Mich,
Green Bay, Wis.
Hamcond, Ind.
Indianapolis, Ind.
Jackson, Mich,
Kalamazoo, Mich,
Lansing, Mich,
Mason City, Iowa
Mi1 waukee, Wi s ,
Moline, 1 1 1 ,
Muscatine, Iowa
Oshkosh, Wis,
P ooria, 1 1 1 .
Rockford, 1 1 1 ,
Saginaw, Mich,
Sioux City, Iowa
South Bend, Ind,
S pringfield, 1 1 1 ,
Terre Haute, Ind.
Waterloo, Iowa

720
2,939
2,355
2,166
9,315
563,589
3,400
6,362
3,766
24,379
117,951
3,825
6,431
9,775
3,295
13,678
2,620
4,090
31,566
3,948
4,332
5,151
2,082
52,902
1 ,1 7 8
1,2 2 6
2,500
8,534
5,395
5,060
15,172
8,129
6,553
6,159
3,987

DISTRICT NO, 8 - ST. LOUIS
East St. Louis and
N at'l Stock Yards, 111.
Eldorado, Ark,
Evansville, Ind,
Fort Sfcnith,' Ark.
G reenville, Miss,
Helena, Ark.
L ittle Rock, Ark,
L o u is v ille , Ky.
Mernphi s , Tenn.
Owensboro, Ky,
Quincy, 111.
St, Louis, Mo,
Sedalia, Mo,
S p rin gfield , Mo.

7,837
1,6 16
7,266
2,150
881
938
11,250
35,195
24,277
1,2 72
2,463
124,094
967
2,964

W.

*




953
3,224
2,665
2,788
8,544
528,442
4,200
6,371
3,926
24,041
164,954
3,941
8 ,158
10,537
3,396
15,819
2,733
3,890
42,372
4,827
5,082

6,114
2,458
61,339
1,8 76
1,062
2,500
9,794
6 ,776
5 ,118
16,474
9 ,u 6
14,121
6,555
3,952

S ,o 6S
1,776
7,392
2,290
721
987
12,978
46,361
27,676
1,320
2,577
169,020
958
2,954

943
3,527
2.612
2,583
7,693
665,147
3,900
7,648
3,716

22,102
144,739

4,168
6,929
11,884
4,978
15,880
3,044
4.612
41,936
5,559
5,475
8,6 o4
2,602
70,461
2,023
1,314
2,700
10,334
6,820
5,864
18,377
11,645
7,553
7,533
4,877

10,817
2,333
8,228

2,656
852
953
12,041
41,077
25,997
1,546
2,756
159,187

3,525

st,*l*5o
We e k
July 9, 1924

e n d i n g

July 2, 192*

July 1 1 , 1923

(In thousands o f d o lla r s )
DISTRICT NO, 9 - MINNEAPOLIS

Aberdeen, S. D.
B illin g s , Mont.
Dickinson, II. D.
Duluth, Minn,
Fargo, N. D,
Grand Forks, N. D.
Helena, Mont,
Jairiestown, N. D,
La Crosse, Wis,
Minneapolis, Minn.
Minot, N. D,
Red. Wing, Minn.
St, Paul, Ivlinn,
Sioux F a lls , S. D.
South St. Paul, Minn,
Superior, Wis.
Winona, Minn.

1,598
1,*S2
*36
15>4o6
2,37?
1,290
2,325
521
2,636
66,796
1,012
550
3-4,232
3>376
5»021
1,621
1,035

1,219
1 ,*S 0
16 *
2*,515
2,709
1,605
2 ,4 1 2

375
2,672
89,603
1 , 26*
710
42,661
2,892
5,305
2, l6 l
1,265

1,543
2,251
283
20,475
3,069
2,866
533
3,24S
79,706
1,063
563
U4,s 47
3 ,s96
2,115
1,*00

DISTRICT M3. 10 - KANSAS CITY

;

At chi son, Kans.
B a r tle s v ille , Okla.
Casper, Wyo.
Cheyenne, Wyo,
Colorado Springs, Colo.
Denver, Colo,
Enid., Okla.
Fremont, Ifeb.
Grand Junction, Colo,
Guthrie, Okla,
Independence, Kans.
Joplin, Mo.
Kansas City, Kans.
Kansas City, Mo,
Lawrence, Kans.
Lincoln, Neb.
Muskogee, Okla,
Oklahoma City, Okla,
Okmulgee, Okla.
Omaha, Neb.
Parsons, Kans.
P ittsbu rg, Kans,
Pueblo, Colo,
St. Joseph, Mo.
Topeka, Kans,
Tulsa, Okla,
Wichita, Kans,

W.




1, *06
2,526
3.*742
1,43*
2,722
31,*76
3,264
86l
672
786
1,901
2,447
4,575
60,S*2
1,017
8,100
2,297
16,296
1,677
37,677
96l
1,304
5,812
11,531
3,959
18,529
13,554

1,290
7,983

1,657
2 ,6 11

3 ,1 8 *

2,79*
2,904
43,170
2 ,8 0 1

761
6*2
687
2 , 56*
2,958
*,718
70,782
994
7,46*
3,008
2 1 ,1 3 1
1,995
*1,6 2 1
626
1,288
5,626

12,183
4,755
26 , 5**
9,969

2,218
3 , 5*2
39,697
4,709
916
727
8CC
2,65?
2 ,9 -0

4,372
77.252
1,1 3 4
20,356
2 ,2 1 4
5 1 ,8 0 4

906
1,523
4,679
1*,0*2
5,506
26,676
13,3U

DEBITS TO INDIVIDUAL ACCOUNTS BY BANES IN HEPORTING CENTERS
T
We e k e n d i n g
July 9 , 1924

July 2, 192U

St.UlU5e
J u ly 1 1 , 1923

(In thousands of dollars)
DISTRICT NO. 11 -

DALLAS

Albueyuerque, N. M.
Austin, Tex.
Beaumont, Tex.
Corsicana, Tex.
D allas, Tex.
El Paso, Tex.
Ft, Worth, Tex,
Galveston, Tex.
Houston, Tex.
Boswell, N. M.
San Antonio, Tex.
Shreveport, La.
Texarkana, Tex.
Tucson, Ariz,
Waco, Tex,
DISTRICT NO. 12 - SAN FRANCISCO
B akersfield, C a lif.
Bellingham, Wash,
Berkeley, C a lif,
Boise, Idaho.
Eugene, Ore.
Everett, Wash.
Fresno, C a lif.
Long Beach, C a lif.
Los Angeles, C a lif.
Oakland, C a lif.
Ogden, Utah
Pasadena, C a lif.
Phoenix, Ariz.
Portland, Ore.
Reno, Nev.
R i t z s ille , Wash.
Sacramento, C alif,
Salt Lake City, Utah
San Bernardino, C alif.
San Diego, C a lif.
San Francisco, C a lif.
San Jose, C a lif.
Santa Barbara, C a lif.
S ea ttle , Wash.
Spokane, Wash,
Stockton, C a lif.
Tacoma, Wash.
Yakima, Wash.




2 ,458
2,872
4,246
1,350
33,066
8,496
16,152

3,190

2,654
3,103
6,837
1,691
34,563
9,098
14,833
3,905
25,051
606
7,329
8,534
1,567
1,836
3,156

2,039
1,731
4,736
2,781
3,102
2,486
6,683
10,734
134,763
25,729
4,864
5>94l
4,737
31,194
1,6 56
155
8,694
12,545
1,6 3 1
11,482
156,981
5,959
2,854
34,089
9,813
3,553
8,322
1,833

3,097
2,152
4,235
3,407
2,427
3,065
6,527
11,4 9 6
172,515
30,024
4,829
7,585
5,280
34,494
2 , o49
ISO
9,671
16,509
2,205
12 ,56 7
195,110
5,980
3,039
47,833
12,010
5,096
8,688
1,905

2,504
2,338

2,876
3,204
3,564
1,634
30,760
7,908
13,954
5,397
19,903
621
7,019
8,024
1,335

26,508
620
7,440
8,855
2,697
1,844

3,460

3 $

2,300
11,636
15,136
180,085
33,575
6,2^0
7,923
4,234
45,704
2,779
126
10,320
15,468
2,427
13,992
188,483
6,810

39,305
12,786
6,886
10,756
2,560