Full text of G.6 Bank Debits and Deposit Turnover : July 2, 1922

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STATEMENT POE THE PRESS
Released f o r p u b lic a tio n
Sunday morning, J u ly 2;
not e a r lie r .

S t .2877.
Federal Reserve Board,
J u ly 1 , 1922.
BANK DEBITS

Volume of business fo r the week ending June 28 to ta le d $8,613,000,000, or
8.4 per cent below the t o t a l o f $9*403,000,000 fo r the preceding week, which in ­
c lin e d considerable lamounts Charged to deposit account in connection w ith the pay*
ment o f the June 15 in stallm en t o f income ta xes. Smaller t o t a ls are reported by
a l l the important c i t i e s , Boston, P h ilad elp h ia , Chicago, St. Louis and San
Francisco rep o rtin g more than average d e clin es fo r the week. For New York C ity a
reduction o f $238,000,000, or of 4.7 per cent fo r the week, i s shown.
As compared with the week ending June 29, 1921, the volrn e o f business fo r
the week tinder review shows an increase o f $1,496,000,000, or o f over 20 per cent*
By fa r the la rg e r p a rt of th is in cre a se, v i z . , SO per c e n t, i s reported fo r New
York C ity. Larger fig u re s are a lso given fo r the other more important c i t i e s ,
except B altim ore, Richmond, Washington, D, C, and San Francisco.
The volume of bu siness i s measured by debits to in d iv id u a l accounts reported
to the Federal Reserve Board fo r banks in c le a rin g house cen te rs. The t o ta l
nunber of cen ters rep o rtin g th is week i s 248, o f which 166 are included in the
summary by Federal reserve d i s t r ic t s .
DEBITS TO INDIVIDUAL ACCOUNTS BY BANKS IN REPORTING CENTERS
.L, J Cj SJ JUU Uj J
___________ SUM ARY J X JAXJUTX J AV.
M-U J BY FEDERAL RESERVE DISTRICTS_________
Federal
Week ending
Number of.
Reserve
cen ters
June 29, 1921
June 2 1, 1922
June 28, 1922
D is tr ic t
included
(in thousands of d o lla rs)
14
No. 1 Boston
412,576
518,140
401,918
2 New York
5,201,249
3,742,943
4,940,708
7
442,434
396,647
377,575
3 Philad elphia
13
391,946
4 Cleveland
469,940
512,177
13
201,660
11
5 Richmond
219,771
194,677
155,526
6 Atlanta
167,986
186,927
15
24
S02.7S0
904,466
7 Chicago
1 , 060,910
185,158
8
233,714
8 S t. Louis
206,613
118,491
12
132,514
121,419
9 Minneapolis
241,452
16
254,394
209,658
iO Kansas C ity
121,191
134,608
11 D allas
113,987
13
12 San Franc i sco
20
406,109
442,287
506,607
TOTAL

166

S ,612,758

9,403,445

REPORTING CENTERS BY FEDERAL RESERVE DISTRICTS
(In thousands o f d o lla rs )
DISTRICT No,1- BOSTON
Bangor, Me,
2,774
3,258
Boston, Mass,
284,194
359,304
Brockton, Mass.
3,787
5,039
F a ll R iver, Mass,
6,417
7,745
22,453
H artford, Conn,
20,511
3,632
Holyoke, Mass,
2,628
4,704
Low ell, Mass.
3,383
5,043
Lynn* Mass.
5,479
Manchester, N. H,
3,280
4,353
New Bedford, M&ss.
5,663
7,136
New Haven, Conft.
13,656
18,075
Portland, Me,
7,902
7,259
Providence, R, I ,
29,699
38,935
16,824
S p rin g fie ld , Mass.
i3 .s * e
Waterbury, Conn.
8,548
5,093
14,471
W orcester, Ma$s.
15,271



7,114 ,9 5 5

3,242
281,563
5,017
18,417
2,819
3,846
3,873
4,947
13,727
5,239
29, 23s
11,624
5,239
13,127

DEBITS TO INDIVIDUAL ACCOUNTS BY BANKS IN REPORTING CENTERS
Week ending
June 28, 1922

June 21, 1922

St.2877a.

June 29, 1921

, (In thousands of dollars)
DISTRICT. No. 2 - NEW YORK
Albany, N, Y,
Binghamton, N, Y,
B uffalo, 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, N. 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, Pa.
DISTRICT No. 4 - CLEVELAND
Akron, Ohio
Butler, Pa.
Canton, Ohio
Cincinnati, Ohio
Cleveland, Ohio.
Columbus, Ohio
Connellsvilie, 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



.

31.373
3,361
49,498

25,571
4,451
62,573
3,674
3,721
3,097
63,708
5,054,218

3.617,372

33,073
5,880
28,271
2,442
11,817

40,769
6,742
33,694

—
4,6l6
24,599

14,000

12,124

5,779
3,042
9,046
3,813
6 ,560

6,095
2,989

3,187

20,955 ..

3,635
54,207
3., 501
3,OS2
2,241
50js4

4 , 815,943

1,829
. 4,443
5,110
1,288
851
321,312
7,354
11,244
11,103
7,493
4,447
6,790
3,936

14,717
2 ,249

7,313
73,770

124,263
35,403
1,308
12,082
5,7SS

3,726

625
3,780

3,006
1,233
1,922
3,071
169,242

.

-

-

3,000

-

12,331
4,960

3,884
6,541

6,787

2,060
4,699
5,224

1,152
725

360,260
7,951
12,648
12,215
8,497
4,4o6

8,069
3,729

15.583
2,374
9,641
80,422
141,046

•

5,102

4,277
-

295,195
8,486
16,096

10,013
8,135
3,529
9,651
3,479

12,976
-

56,1^9
102,281

29,852
1,136
14,030
6,030
4,066

27,343

758
4,578
3,561
1.332

-

-

11,19 6
5,449
3,881
3,143
- %

2,099

-

3,121

2 ,l6 l
145,776
3,377

189,138

32,026
2,169
9,221

4,313
39,095
2,499
9,590

11,292

10,408

10,670

2,397

2,365

-

3.585

-

7,544

CEBITS TO INDIVIDUAL ACCOUNTS BY BANKS IH REPOBTIIJG CENTERS,.,
Week ending
June 28, 1922

June 21, 1922

St, 28771?.

June 29, 1921

(In thousands of d o lla rs )
DISTRICT No, 5 “ RICHM
OND
A s h e v ille , N. C.
Baltimore , Md,
Charleston, S, C,
Charlestown, W Va,
.
C h a rlo tte , N, C,
Columbia, S. C,
Cumberland, Md,
D a n v ille , Va»
Durham, N. C,
Greensboro, N,‘C„
G re e n v ille , S. C,
Hagerstown, Md,
Huntington, W Va,
,
Lynchburg, Va,
Newport News, Va,
N orfolk, Va.
R aleigh, 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.
A tla n ta , Ga.
Augusta, Ga.
Birmingham, A la,
Brunswick, Ga,
Chattanooga, Tenn.
Columbus, Ga.
Cordele, Ga,
Dothan, Ala,
E lberton, Ga,
Jackson, Miss,
J a c k s o n v ille , F la,
K n o x v ille , Tenn,
Macon, Ga,
^ M eridian, Miss
Mobile, Ala,
Montgomery, A la.
N a sh v ille , Tenn,
Newnan, Ga.
New O rleans, La.
Pensacola, F la,
Savannah, Ga,
Tampa, Fla,

Valdosta, Ga,
Vicksburg, Miss,




3,487

88,225
4 ,3 3 0
6 ,8 0 9

6,267
4,155

1,805
1,615
4,211

4 ,0 7 1
98,653

5,424

9 ,0 8 5
7.548
5,846
1,899

93,8^9

5,000
5,750

5,630

1,608

3,242

4,4o4
3 .5 4 9

2,906

3,108

2,5^3

1,829
4,8^2

5,166

4,353

3 ,796

4,052

1,820
15,230
3,900
20,848
4 ,3 7 1

2,009
40,021

1,670

1,676
15,341

3,600
25,976
5,987

2,102

3,953

5,086

44,864
4,245
7,775

760
21,627

26 ,65*8

4,789
17,093

5*535
l6,84o

12,131
4,400

21,766
41,548
4 ,6 4 q

840

512

521

6 ,4 7 1

7,815
2 ,4 0 0

20,473
4,007
11,991

1,861
154

166

366

6,839

460

121

185

2,172
3 ,9 1 0

2,593
11,664
5,964
4,286

iM o

2,1^5

-9,510

6,190
5,265

5 ,7 5 9

3 ,0 8 1
14,170

3 ,686
14,276

283
60,549

66,358

1.258
8,6o 4
4,4oo
827
1,069

8,804
4 ,495
3 ,7 3 1
5,097

2,602
23,844

324
1,557

4 8 ,9 54
1 ,2 3 4

9,833
5,493

4 ,237

875
1,243

U046

8,172

St.2877c.
DEBITS TO INDIVIDUAL ACCOUNTS BY BAMS IN REPORTING CENTERS
Week ending
1 June'21. 1922
1 June 29* 1921
June 28, 1922
(in thousands of dollars)
DISTRICT No. 7 - CHICAGO
Adrian, Mich,
599
791
Aurora, 111.
2,625
2 , 9^S
Bay City, Mich. •
2,09s
2,U6l
2,027
Bloomington, 111.
1.916
2,072
2 ,l 44
Cedar Rapids, Iowa
4,293
**»9S7
S, 4o3
Chicago, 111.
553,940
704,427 .
523#^9
Danville, 111.
2,4co
2,300
Davenport, Iowa
6,069
7,951
5,562
Decatur, 111.
2,996
3,0 4s
2,550
Des Moines, Iowa
15,694
l6,o4o
14,396
Detroit, Mich.
116,981
130,508
89,665
Dubuque, Iowa
2,754
2,93s
2,379
Flint, Mich.
5,914
7,483
4,876
Fort Wayne, Ind.
6,829
7,136
6,159
Gary, Ind.
2.916
2,687
Grand Rapids, Mich.
13,406
14,735
17,063
Indianapolis, Ind.
32,576
36,466
31,676
Jackson, Mich.
5,584
3,851
4 , 03S
Kalamazoo# Mich*
4,270
4,361
3,279
Lansing, Mich.
6,524
6,029
4,580
Mason City, Iowa
2,256
2,888
Milwaukee, Wis.
**9,329
57,070
45,307
Moline, 111.
1,328
1,955
1>U05
Muscatine, Iowa
887
1,086
Oshkosh, Wis.
2,100
2,500
Peoria, 111.
7,864
8,901
7,1^3
Rockford, 111.
4,373
4,626
4,l44
Sioux City, Iowa
15,383
16,422
9,384
South Bend, Ind.
6,264
7,945
5,705
Springfield, 111.
4,639
6,028
4,697
Waterloo, Iowa
3,142
3,470
2,749
DISTRICT S o . 8 - ST. LOUIS
East St. Louis and
Nat'1 Stock Yards, 111.
Evansville, Ind.
Fort Smith, Ark.
Greenville, Miss.
Helena, Ark.
Little Rock, Ark.
Louisville, Ky.
Memphis, Tenn.
Owensboro, Kjr*
Quincy, 111.
St. Louis, Mo.
Springfield, Mo.

9,648
7,398
2,473

601
795

8,475
32,394
22,044
991
1,984

122,239
2,431

9,086
6,486

2,783
7S5
939
9,424
32,825

8,259

23,000

28,821
17,401

1,107
2,191
147,358
3,344-

1,789
113,397
2,324

DISTRICT No. 9 - MINNEAPOLIS
Aberdeen, S. D.
1,087
1,287
1,802
Billings, Mont.
1,616
Dickinson, N. D.
212
193
14,643
Duluth, Minn.
15,099
Fargo, N, D.
2,526
i,:993
--948
Grand Forks, N. D,
1,279
Great Falls, Mont.
1,341
i;55 4
Helena, Mont.
1,903
1.5 33
Jamestown, N. D.
390
394
Lewis town, Mont.
698
653
60, 0 12 Minneapolis, Minn.
65,382
594
Minot, N. D,
767
486
Redwing, Minn.
511
St. Paul, Minn.
(*32,530)- 37,555
(*35,812)40,630
2,502
Sioux Falls, S. D.
3,673
l ,6 4 i
Superior, Wis.
1.533
804
Winona, Minn,
!,133
♦Debits of banks which submitted reports in 1921,




8,356
4,811

1,229
1,486

16,301
2,133
905
1,514
2,136

58,837
26,693
4,587
1,794

876

DEBITS TO INDIVIDUAL ACCOUNTS BY BASKS IN REPORTING CENTERS.

St.2S77d.

Vvasa. ending
June 25 , 1922

June 21 , 1922

June

29, 1921

(in thousands of dollars)
DISTRICT No. 10 ~ KANSAS CITY
Atchison, Kans.
Bartlesville, Okla.
Casper, Wyo.
Cheyenne, Wyo,
Colorado Springs, Colo,
Denver, Colo.
Enid, Okla,
Fremont, Neb,
Grand Island, Neb.
Grand Junction, Colo.
Guthrie, Okla.
Hutchinson, Kans.
Independence, Kans,
Joplin, Mo.
Kansas City, Kans,
Kansas City, Mo.
Lawr enc e , Kans.
McAlsster, 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,
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.
Rosw ell,'B, M,
San Antonio, Tex.
Shreveport, La.
Texarkana, Tex.
Tucson, Ariz,
Waco, Tex,




1,121
3,007
3,425
1,973
2,279
33,32|
2,420
624
1,199
511
579
2,610
1,503

1,201
2,424

3.163
1,673
2,513
33,95S
2,705.

2,734
7 1 , 94s
1,016

3 ,9 11
76,660
I,15 3

699
5,947
16 , 9^6

1,626
44,302
560

1,920
2,269
32,657

504
1,035

625
515
3,060
2,557
2,799

4,526

1,10*4
1,965

553
6,009
19,546
2,342
46,395
1.164

1,750
3,552

60,659
3,050
16,465
3s , 595

1,014

1,160

3,417
9,931
2,549

3,352
12,05S
3,303

26,531
10,277

27,160

1,764
2,472

2,434

1,357

2,619

2,268

2,612
762

3,992
942
35,502

29,243
6,523
21,456
11,991
19,545
465
4,901
7,205
1,469
1,767
2,701

II,132

5,316
22,946
14,346
24,424
457
5,566
7,596
1,959

1,522
3,086

2,785

12,557
2,620
15,669
5,648

2,649
27,799
7,405
19,941
15,980
25,176
7,306
5,684
1,140
1,782
2,704

DEBITS TO INDIVIDUAL ACCOUNTS BY BANKS IN REPORTING CENTERS
Week ending
June 28, 1922

June 21, 1922

St.2877e,

June 29, 1921

(In thousands of dollars)
DISTRICT No. 12 - SAN FRANCISCO
Bakersfield, Calif.
Bellingham, Wash.
Berkeley, Calif,
Boise, Ida,
Eugene, Ore.
Fresno, Calif,
Long Beaeh, Calif,
Los Angeles, Calif.
Oakland, Calif.
'
Ogden, Utah.
Pasadena, Calif,Phoenix, Ariz.
Portland, Ore,
Reno, Net,
_
Ri tz vi 1l e , Wash,
'r
Sacramento, Calif.
Salt Lake City, Utah
San Bernardino, Calif,
San Diego, Calif,
San Francisco, Calif,
San Jose, Calif,
Seattle, Wash,
Spokane, Wash.
Stockton, Calif,
Tacoma, Washi
Yakima, Wash,




2,974
1,631
3>033
3>267
1,786

8,156
6,563
115,046
17,218
4,l68
5>206
4,344
30,551
2,446
109
12,327
12,224
1,400
9>340
153>783
4,016
31,818
9 >240
4,321
7>84l
1,723

—
2,325
2,675
-

2,351

1,978
4,084

2,622
2,216

6,865

9,684

7 ,15 5
125,070
20,818
3.883
5,9135,056
36,36.6

2,510 .
145
19,218
12,300"
1,408
8,987
180,072
4,001
35,541
11,615
5,003
9,351
2 ,4 i 4

;

4,924
92,355
16,629
2,731
4,390
29,523
’ 2,718

11,231
11,468
-

7,271
158,310
3,517
27,989
8,984
3 ,64s

6,611
1,951