Full text of G.6 Bank Debits and Deposit Turnover : July 18, 1920

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STATEMENT FOE THE PRESS
Released for publication
•Sunday morning, July IS, 1920;
not earlier.
BANK DEBITS

,
S t .1296
Federal Reserve Board
July 17, 1920.

Below is given the Federal Reserve Board's weekly statement of debits to
individual account reported through the federal Reserve Banks by over 150 of
the country's more important clearing houses. Transactions cover the weekly
periods ending Wednesday, July
and July
the present year and July
1919- The statement closes with a recapitulation giving comparative figures
by reserve districts for cities reporting complete data for the three weeks
under review.
1
l 4

7

o f

1 6 ,

Total' debits to individual account reported by 152 clearing houses for
the week ending July l4 were about 785 millions, or 9 .2 per cent, larger than
the corresponding total for the five-day week immediately preceding. With
the exception of Philadelphia, New Orleans and Dallas, all the important
centers show substantial gains for the week. For New York City the gain was
496 millions, or 12 per cent.
As compared with the corresponding week in 1919. which saw the payment of
a 10 per cent installment of the Victory loan, also heavy trading on the New
York exchanges, the most recent week shows a decline of 871 millions. For
New york City the decline is about 1,023 millions, or ovev IS per-cent.

DEBITS TO INDIVIDUAL ACCOUNT AT CLEARING HOUSE BANKS
Week ending
July 14, 1920 I July 7. 1920 j July lg, 1919
(In thousands of dollars''
DISTRICT No. 1 - BOSTON
Bangor
3,693
3.909
3.790
Boston
295,064
354,871
322,284
9.300
Fall River
9,528
9.837
23,601
Hartford
28,528
27,206
Holyoke
4,045
3,832
4,631
6,149
Lowell
5,778
6,530
Manchester
5,904
6,284
New Bedford
7,498
7.374
8,66 8
New Haven
21,130
22,611
17,759
Portland
8,358
Providence
39,964
37,063
39,287
Springfield
17,363
15,039
18,471
7,814
Waterbury
7.457
7,978
18,304
Worcester
19,515
21,554
DISTRICT No. 2 - NEW YORK
Albany
Binghamton
Buffalo
New York
Passaic
Rochester
Syracuse
DISTRICT No. 3 - PHILADELPHIA
Altoona
Chester
Harrisburg
Johnstown
Lancaster
Philadelphia
Reading
Scranton
Trenton
Wilkes-Barre
Williamsport
Wil'Tang ton
York



24,936
4,789
78,553

4 , 556,620
5,676
3 0 ,9 H
19,589
2,314
5,789
3,468
4,998
6,274
347,789
5,894
17,074

11,620
10,013

5,480
7,732
4,638

22,324
4,799
78,900
4,060,377
5.952
34,920
21,454
2,919
5,5o7
2,470
4,142
5,437
359,956
5,043
15,148
11,793
8,801
4,405

8,230
5.117

11,245
4,188
64,110
5,579,559
3,421
29,317
14,249
5,697

+,434
4,077
3,641
4,788
362,219
4,457
12,977

9.622
7.360
3,647

10,654
3.360

S t . 1296a
DEBITS TO INDIVIDUAL ACCOUNT AT CLEARING HOUSE BANKS____________
Week end!ng
July 14, 1920 T July 7, 1920 1 July 16, 1919
(Ift thousands of dollars)
DISTRICT No. 4 - CLEVELAND
Akron
25.605
20»690
22,933
67,692
Cincinnati
60,657
65,712
200, sso
182,243
Cleveland
201,537
32,476
Columbus
22,333
3 1 ,^
12,122
Dayton
13 >12*+
13.152
Erie
6,276
2,372
7,435
4,042
Greensburg
5.211
5.923
Lexington
5.246
3.S52
5,224
Oil City
3.032
3,901
2,833
180,861
Pittsburgh
191,762
202,371
Springfield
4,361
3.^27
4,257
Toledo
30,724
30,277
34,719
Wheeling
9,529
8,051
9,509
Youngstown
19,431
19,070
17,539
DISTRICT No. 5 - RICHMOND
.Baltimore
102,543
112 , 15°
117.265
Charleston
9,400
2,927
9,275
Charlotte
6,200
2,267
7,3*+0
Columbia
5,742
7,170
5.959
Huntington
6,183
5.175
Norfolk
21,253
22 ,451
19,797
Raleigh
4,252
3,900
3.999
Ri chmond
24,234
25,040
29.361
DISTRICT No. 6 - ATLANTA
Atlanta
28 >662
30,995
29.637
Augusta
2,282
2,175
Birmingham
k ill
17,234
12,335
Chattanooga
12,319
12.605
12,535
Jacksonville
10,654
14,237
13.936
Knoxville
7 1 *+22
6.122
6,923
Macon
6,726
6,390
8,792
Mobile
2,203
7.122
2,013
Montgomery
5,364
4,636
3.700
ITashville
27,35*+
22,37*+
21,577
New Orleans
74,362
64,376
79,279
Pensacola
2 ,4 s 4
2,114
2,150
Savannah
15,126
16,251
15,903
Tampa
6,216
4,162
6,097
Vicksburg
1,910
1,792
1.550
DISTRICT No. 7 - CHICAGO
Bay Ci ty
3,3^2
3,321
3,567
• Bloomington
2,854
2,245
2,725
Cedar Rapids
13,975
2,600
9,523
Chicago
769,067
690,499
790,4l6
Davenport
2,355
6,543
9,789
Decatur
4,210
3.700
3,905
Das Moines
25,039
18,670
19,267
Detroit
159,322
141,300
152,327
Dubuque
4,153
M 93
2,500
Flint
11,231
17.762
7,471
F t. Wayne
2,682
6,386
7,733
Grind Rapids
21,601
20,523
17,231
Indianapolis
42,046
40,296
^7,359
Jackson
2,496
4,229
3,565
Kalamazoo
5,120
5.461
3.591
Lansing
6,402
7.562
*+.777
Milwaukee
71,692
65.633
72,612
Peoria
11,930
11,961
12,470
Rockford
6,822
7.277
4,991
Sioux City
16,036
14 ,166
17,730
South Bend
5.139
5.361
4,301
Springfield
4.959
6.562
3,9*+l
Waterloo
4,544
4,052
3,750



•S t . 1296b
DEBITS TO INDIVIDUAL ACCOUNT AT CLEARING HOUSE BANKS______________
Week ending
July l4, 1920 1 July 7, 1920 f~July lb, 1919
(in thousands of dollars)
DISTRICT No. 8 - ST. LOUIS
3,980
Evansville
6,003
5,6°3
Little Rock
9,270
8,647
12.11S
37.164
rf37,6o6
Louisville
33,429
29,864
Memphi s
26,882
32,133
St. Louis
214,693
153,3^0
135,606
DISTRICT No. 9 - MINNEAPOLIS
Aberdeen
Billings
Duluth
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
DISTRICT No. 11 - DALLAS
Albuquerque
Austin
Beaumont
Dallas
El Paso
Ft. Worth
Galveston
Houston
San Antonio
Shreveport
Texarkana
Tucson
Waco




6,126

1,808
1,991
16,351
4,023
1,971
2,293
2,553
74,967
34,636
5*571

1,507

1,409

762

519
3,792
1,882
2,795
41,667
3,086

1,840
2,037

23,260
3,892
1 >S%
1.982

2,369
97,397

2,036

3,462

1,66s
3,474
43,370
3,837
3,275

2,036

4,507

92,19s
5.005

79,030

23,672
5S, oo 4
4,815
12,842
4,485
31,477

22,759
53,353
5,897

15,508
3,285
5,060
34,420
8,700
24,897
8,945
44,849
7,677
8,130
2,093
1,910
4,240

5,86s

16,906

3,671
2 5 ,H 5
14,211

2,114

3,098

4,509
37,843
8,279
24,869
10,104
39,870
6,84l

5,678
l,4 ll
1,888

3,460

2,056
2,07s
28,573

3.168

1,716
1,448
2,457
83,553
40,804
1,146
1,173

3,007
4,323
27,689
3,603

2,654

104,687
4,721
22,712
59,333

4,415
16,485
5,002
26,203
14,457
1,807
3,311
3,945
38,308
6,641
21,757

8,375

36,781
3,991
7,938
2,581
1,402
3,415

St.1296c
DEBITS TO INDIVIDUAL ACCOUNT AT CLEARING- HOUSE HAWS _____________ _
_ _ _ _ _ _ _________ Week ending
July 14, 1920 I July 7, 1920 T M y lb, 1919
(In thousands of aollars)
DISTRICT No. 12 - SAN FRANCISCO
Berkeley
2,822
2,431
3.023
Boise
4,943
3 ,^ 5
2,873
Fresno
10,832
8 ,603
10,73S
Long Beach
3,480
6 ,s 6i
5,498
Los Angeles
105,010
107,112
79,369
Oakland
36,388
14,298
3S,578
Ogden
4,474
3,9S4
3,523
Pasadena
5,506
4,167
4 r823
45,411
Portland
49,499
43,691
Reno
3.366
2,433
2,992
Sacramento
15.977
12,273
1U.770
Salt Lake City
18,362
19,3.63
18,579
San Diego
6 ,106
9 .s 4 3
8,795
San Francisco
210,320
215,593
229, 79s
Sail Jose
4,167
6,785
7,695
Seattle
41,046
471840
54,031
Spokane
12,174
13,332
11,339
Stockton
7,000
6,453
6,100
Tacoma
10,828
11,941
12,473
Yakima
3,280
2,959
2,51^

Federal
Reserve
District
No.

RECAPITULATION BY FEDERAL RESERVE DISTRICTS
Week ending
Number of
centers
July 14, 1320 ; July 7, 1920
included

1- Boston
2 New York
3 Philadelphia
4 Cleveland
5 Richmond
6 Atlanta
7 Chicago
8 St. Louis
9 Minneapolis
10 Kansas Ci ty
11 Dallas
12 San Francisco




TOTAL

12
7
13
14
7
15
23
5

492,847
4,721,074
433,083
625,937
187,351
237,762
. 1 , 209,122

238,069

458,925
4,228,726
439,028
590,155
184,558
234,282
1,102,927
210,567

July 16, 1919
505,703
5,706,089
^3*+,933

590,527
191,712
209,768
1 , 200,863
297,682

12
20

154,206

109,402
282,657
147;850

593,175

563,294

127,369
299 . 291
138,445
505,245

152

9,336,271

s , 552,371

10,207,627

10
i4

138,771
305,424