Full text of G.6 Bank Debits and Deposit Turnover : July 4, 1920

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(Released, for publication
Sunday morning, July 4 , 1920J
not earlier

STATEMENT FOR THE PRESS

'

,
S t .1269
Federal Reserve Board
j uly 3 ^ 1920

BANK DEBITS
Below is givon the Federal Reserve Board's weekly statement of debits to
individual account reported through the Federal Reserve Banks bjf over 150 of
the country*s more important clearing houses* Transactions cover the weekly
periods ending Wednesday, June 30 and June 23 of the present year and July 2,
1919» The statement closes with a recapitulation giving comparative figures
by reserve districts for cities reporting complete data for the three weeks
under review.
Aggregate debits to individual account, reported by 152 Clearing Houses,
show a further decline of 201 millions from the total for the immediately pre­
ceding week, all the larger centers, except Philadelphia, Pittsburgh, Balti­
more and Los Angeles, showing reduced totals for the week. As compared with
the corresponding period in 1919, viz, the week ending July 2, the most recent
wsekly total of 4,550 millions for I 5I centers other than New York City shows
an increase of paly >
5lfei!&illions, as compared with an increase of about 850 mil­
lions for the week before. It should be remembered, however, that the larger
1919 total,'includes considerable amounts represented by corporate disburse­
ments on account of dividends and interest and other payments customary at the
close of the first half of the year. For New York City the cumulative effect
of this factor and of the great reduction in the volume of stock exchange op­
erations is seen in a decrease of 606 millions from the corresponding 1919
to t)cil «

J3EBITS TO INDIVIDUAL ACCOUNT AT CLEARING HOUSE BANKS
Week ending
:June 30. 1920 ; June 23.1920 ; July 2, 1919
(in thousands of dollars)
DISTRICT No. 1 - BOSTON
Bangor
3,646
3,565
2,983
Boston
289, 517
370,280
302,400
Fall River
10,458
9,76-5
9,194
Hartford
22,121
25,314
22,921
Holyoke
4 , o 42
4,254
4,351
Lowell
5,612
5,378
6,879
Manchester
5,4o4
5,233
New Bedford
6, Sl4
9,540
7,954
New Haven
16,866
19,137
19,323
Portland
8,463
8,531
Providence
34,881
38,655
42,991
Springfield
17,258
19,445
11.115
Waterbury
7,286
7,456
5,547
Worcester
18,761
20,238
20,969
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
Wilmington

York


19,843
S

59s

68,320

4,1+63,000
5,124

30,305
4,997
t 68,473
4,490,831

30,511

3,765
76,372
5,068,924

5,022

3,9S5

32,169
18,328

33,188
19,1*3

38.115
16,617

3,528
5,088
4,517
5,108

3,466
5,585
4,133

3 ,4 0 °
4,742
3,790

372,189

l6 ,4
’?Hl
i2
350,376

1 5,4 s 6

5,602
16,026

5,496

4,o6o

12,000
9,609

13,5S7

9,818

10,896
5,130

3,949

4,675

8,217
4,677

.

?4 ,670
’ £97
367,886
4,083
13,521
9,618
7 ,522
3,374
11 , 0?6

J K D I'PS TO, INDIVIDUAL ACCOUNT AT CLEARING HOUSE BANKS St. 1269a
Week ending;
June 30. 1920 ; June 23.1920 : July 2. 1919
(In thousands of dollars)
DISTRICT No. 4 - CLEVELAND
Akron
30,579
32,297
Cincinnati
68, 122
69,881
Cleveland
171,634
187,070
194 .161
Columbus
30,g63
33,589
Dayton
11.99S
13,728
11 ,9 s5Erie
8,355
6,642
8,989
Greensburg
4,991
6,915
3,247
Lexington
4,950
4,309
5,369
Oil City
2 1 , 1 1 9

6

2

, 6

0

6

2 9 , 9 7 8

Pittsburgh
Springfield
Toledo
Wheeling
Youngstown
DISTRICT No. 5 - RICHMOND
Baltimore
Charleston
Charlotte
Columbia
Huntington
Norfolk
R&leigh
Ri cbmond
DISTRICT No. 6 - ATLANTA
Atlanta
Augusta
Birmingham
Chattanooga
Jacksonville
Knoxville
Macon
Mobile
Montgomery
Nashville
New Orleans
Pensacola
Savannah
Tampa
Vicksburg
DISTRICT No. 7 - CHICAGO
Bay City
Bloomington
Cedar Rapids
Chicago
Davenport
Decatur
Des Moines
Detroit
Dubuque
Flint
Ft. Wayne
Grand Rapids
Indianapolis
Jackson
Kalamazoo
Lansing
Milwaukee
Peoria
Rockford
Sioux City
South Bend
Springfield
Waterloo



3 , 4 0 9

3,32 3

2

, 7 6

2

0

. 1

1

15,621

218,000
3,800
36,903
9,346
l4 , 221

1 11 , 7 7 s

109,541

1 2

1

, 0

9,410

1

0

, 2

2 3 2 , 4 8 3 .

3,235
,

9,045

9 , 4 o o
7 , 8 7 2

5,577
5,563

20,356
^,070
3 1 , 1 7 0

31,579
7,925

16,386
10,330

12,629
5,863
5,831
7, SIT
,5,590
24,183
74 ,284
2 , o44r
1 4 , 50U;
5,3171»383‘
3,265’
2,785
6,282

722,263
7,577
^,337
21,409
152,731

2,726
10,007
7,860
20, 830
>+1,031
3,522

5,474
7,133-

65,662
12,359
6,315

2

2

6

3 , 4 8 6

2 5 , 9 3 9
1 0 , 7 7 8

15,988

9,691

4

7 6
1

. 1

7

0

0

5,938
5,595

7,966

20,639
4,130

20,922
3

25, 701

, 6

0

0

2 2 , 0 0 7

28,635
8,506

2 7 , 4 4 0
6

17,332

, 7

l 4 ,

11,856

1

1

1

2

5 9 6

, 2

9

2

10,718

15,567
7,335

I'M

6,453
8,405
5,907
25.429

7 . 5 9 9

^,571
2

78*432

0

, 5 8 7

8 1 ,

• 2 ,139

2

8 4 2

, 1

9

2

15*665
5 >864

18,251

1,521

1 ,542

4 , 2 3 0

3,665
2,771
8,839
753,13^
8,778
4,458
22,401

176,866

2

3,^95
5,473
7,520
73,061
12,533
6,311

0

0

9 , 7 7 ^
7 3 ^ , 3 8 8
7 , 4 7 2

3 , 0 7 9
1

6

, 7 8

0

1 3 ^ , 3 2 1

2, 694
14.430
7,901
23,048
43,071

. 6

3 , 1 6 2

2

, 5

0

0

8,247
6 , l 4 i
1

5

, 1

2

6

3 3 , 9 8 5
4 , 0 4 3

,

3 , 8 3 7

5 112.

6

6

, 2

6

8

1 3 , 1 9 2
5 ,

* + 1 0

16,020

18,895

5,879
5,362
5, 258

5,230

2,152

h
} 21
4,698

4

1 7 , 3 9 9

, 2

1

1

3 , 7 3 1

JgBJTS TO INDIVIDUAL ACCOUNT AT CLEARING- HOUSE
St. 1269 fr
Week ending
:June 30. 1920 : June 23.1920 : July 2, 19X9
(in thousands of dollars)
DISTRICT No. 8 - ST. LOUIS
Evansville
Little Rock
s*4oo
8,673
Louisville
Memphis
28,818
St. Louis
144,978
5 , 4 6 6

4 , 8 8 5

6

2 8 , S 6 7

1

DISTRICT No* 9 - MINNEAPOLIS
Aberdeen
Billings
Duluth
Fargo
Erand Forks
Great Falls
Helena
Minneapolis
St. Paul
Sioux Falls
Superior
Winona
DISTRICT No. 10 - KANSAS CITY
Atchison
Bartlesville
Cheyenne
Colorado Springs
Denver
Joplin
Kans as Cxt y, Kan »
Kansas City, Mo.
Muskogee
Oklahoma City
Onaha
Pueblo
St. Joseph
Topeka
Tulsa
Wichita
DISTRICT No. 11 - DALLAS
Albuquerque
Austin
Beauuont
Dallas
El Paso
Ft. Worth
Galveston
Houston
San Antonio
Shreveport
Texarkana
Tucson
Waco




5

, l 4 i

1 , 5 5 2

1 , 7 3 9

1 , 7 6 5

2

18,818
3,220

5

, 6

0

9

, 6

0

9

6

0

, 7 2

5

1 , 5 3 0
1 , 8 4 7

5

2 , 4 7 7

U

1 , 6 8 1

2,042
2,081

81,711

1

2

2 7 , 1 9 3

,

1

6

1 9 , 0 7 5
3

, 0

1

1

1 , 3 9 5

3

1

, 6

3 5 , 8 8 4

3 4 , 3 8 7

3 7 , 1 2 5

1 , 6 5 5

2

, 3

1

2

1.57J*

2

, 4

3

6

2 , 2 6 4

8 2 , 1 2 1

8 3 , 6 6 3
3 1 , 8 8 7

6

3 9 , 0 4 9

5 , 7 3 4

6 , 6 3 5

1 , 9 8 7

2

1,003

1 , 2 6 7

, 0

489

6

1,244
1,400

0

548

4 , 6 8 6

3 , 5 9 5

3 , 7 6 9

1, 804

1 , 9 1 5

4,101

3,099

3 , 2 1 5
3 9 , 0 7 7

4 0 , 5 3 2

3 , 1 5 5

3 , 0 5 7

2,821

3 , 4 9 5

3 , 6 8 7

4,121
8 2 , 3 5 3

101,454

3 5 , 8 7 7

9

5 , 4 2 3

5 , 9 1 9

7

, 1

1

6

3

, 9

5

0

5

, 0

6

3

22,560

2 3 , 3 9 ^

1

58,174

6

5 9 , 8 9 8

1-Ml
5 , 4 o

4

3 2 , 2 8 7

12,072

2

1

, 9

6

8

, 1

0

7

1

, 6

1

5

0

9

1 3 * 0 0 5

1 1 , 3 8 5

4 , 8 2 7
, 2 1 2

2,263

1 ,® 3
6 , 3 0 4

,

U

3,493

3

4 0 , 8 5 7

3 3 , 2 6 8

6,931

9 , 3 5 1
2

5

3 , 8 7 4

6

, 1

1

1

8 , 5 4 6

0

6 , 1 8 5

, 1

2

5

3

6

18,088

19*452
3*721
28,847

2,T32

4 M
25,569
7,ggg

3 9

4 , 6 0 2

1 #533

33,587

, 8

2

0

, 3

6

8

8,623
3 3 , 1 4 9

bt:

8

4 , 6 8 9

8 , 7 5 5

6 , 2 2 4

1 , 9

6

7

1 , 5 5 1

1 , 7 8 2

2

0

2

1,480

3

4 , 0 5 5

, 8

6

0

, 1

2 , 9 ^ 3

DEBITS TO INDIVIDUAL ACCOUNT AT CLEARING HOUSE BANKS
St >1269c
:______________ Week e n d i n g ____________________
___________ __________ : June 30. 1920 : June 23.1920 : July 2. 1919
(In thousands of dollars)
DISTRICT No. 12 - SAN FRANCISCO
Berkeley
1,682
2 ,6 3 5
2,13*+
Boise
2,978
3,321
Fresno
5,044
9,7oU
Long Beach
1,881
4,658
^,317
Los Angeles
98,652
93,750
Oakland
12,402
32,386
30 ,573
Ogden
2,484
3,921
3,771
Pasadena
5,561
k 95*+
M
p
Portland
4o,
665
**1,327
Reno
1,336
2,9^1
3,309
Sacramento
13,3^2
13,177
Salt Lake City
15 , 84i
17,699
17,72S
San Diego
5,537
7, f99
h m
San Francisco
236 ,664
173,867
232,759
San Jose
4,647
3,7^5
4,905
Seattle
50,036
51,561
44,302
Spokane
13,249
10,903
11,073
Stockton
5,980
5,100
5 , iso
Tacoma
10, 812
9,338
10,9^3
Yakima
2,572
3,196
8

2

, 6

, 5

0

5

7 8

, 6

6

5

4

5

, 1

3

s

1

0

, 2

9

5

1 s

RECAPITULATIONi J
bL'A
y -FEDERAL HDUJ
RESERVE DISTRICTS
Federal
: Nunber of •
Week ending
Reserve
j centers
1919
District
* included ‘ June 30* 1920 1: June 23,1920 : July 2,
No. 1 Boston
12
444,002
515,221
468,373
2 New York
4 , 651,999
7
' 4,611,442
5,238,289
3 Philadelphia
438,048
13
440,783
^55,523
4 Cleveland
601,801
13
590,025
597,207
5 Richmond
7
190>£23
185,050
189,888
6 Atlanta
15
239,046
225,665
221,192
7 Chicago
1 , 136,087
1 , 214,393
23
1,102,930
8 St. Louis
225, 060'
227,680
5
238,352
9 Minneapolis
11
151,180
157,262
156,73^
10 Kansas City
14
316,689
293,099
291,729
11 Dallas
135,246
13
130,826
15^,327
12 San Francisco
548,150
19
559,369
447,295
TOTAL




152

9,012,884

5,214,037

9,563.270