Full text of G.6 Bank Debits and Deposit Turnover : June 10, 1923

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STATEMENT FOR THE PRESS
Released for publication
Sunday morning, Juns 10;
not earlier.

St. 3550
Federal Reserve Board
June 9, 1923.
BANK DEBITS

Banks debits for the week ending June 6 totaled $10,183,000,000, marking an in­
crease of $2 , 330 , 000 , 000, or 2 9 .7 per cent, over the total of $ 7 , 853 >000,000 reported
for the previous week. This considerable increase reflects in part the customary
end-of-month swell in the volune of debits to depositors’ accounts, partly also the
larger number of business days (six instead of five in the preceding week). For New
York City the increase for the week was $1,1^3,000,000, or over 30 per cent. Larger
than average rates of increases are shown also for Boston, Philadelphia, Cleveland,
Pittsburgh, Baltimore, St. Louis, Kansas City, and San Francisco.
As compared with the week ending June 7> 1922, total debits for the week under
review show an increase of $228,000,000, or of 2.3 per cent.
Larger figures than for
last year are shown for all the important centers, except Hew York City, Chicago and
Washington, which show decreases of about 9> 1*+ and. 1 per cent respectively.
Debits to individual accounts were reported to the Federal Reserve Board for
banks in 250 centers, of which 243 are included in the sumn.ary by Federal reserve
districts.

DEBITS TO INDIVIHJAL ACCOUNTS BY BANKS IN REPORTING CENTERS
SUMMARY BY FEDERAL RESERVE DISTRICTS
Federal
Number of
Week ending
Reserve
centers
June 6 , 1323
May 30, 1923
June 7, 1922
_ _ _ _ _ _ District
included
No. 1.
2
3
4
5
6
I
a
9
*7

10
11
12

Boston
New York
Phi lade lphia
Cleveland
EichiTiOnd
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
TOTAL

16
13
15
22
23
23
31
11
16
29
15
26
2 U3

584,995
5,225,977
528, 26c?

645,419
302,045
224,370
1,089,698
317,832
173,^84

326,712
146,445
618,128
10,183,365

(In thousands of dollars)
434 ,482
495,285
5,639,972
3,985,595
447,555
405,344
484,342
508, 35^
282,083
236,109
184,094
186,018
970,231
1,093,500
242,877
219,703
127,180
153,675
232,302
271,211
109,124
135,665
462,678
500,913

7 , 253 , 10 s

9,955,187

REPORTING CENTERS BY FEDERAL RESERVE DISTRICTS
(In thousands of dollars)
DISTRICT No. 1 - EOSTON
, Bangor, Me.
3,952
2,746
3,629
Boston, Mass.
287,618
380,573
338,922
Brockton, Mass.
4,890
3,575
4,511
Fall River, Mass.
7,209
5,865
6,566
Hartford, Conn.
26,065
21,970
23,345
Holyoke, Mass.
5,144
3,591
3,104
Lowell, Mass.
5,900
4,813
4,925
Lynn, Mass.
6,758
5,59S
6,214
Manchester, N. H.
5,561
3,S57
3,325
New Bedford, Mass.
8,671
6,010
6,552
New Haven, Conn.
26,568
17,320
13,359
Portland, Me.
11,192
S ,i6»4
6,4iq
Providence, R. I.
41,621
26,988
29,363
Springfield, Mass.
20,953
1 5 ,5 H
16,351
Waterbury, Conn.
9,091
6,527
8,026
Worcester, Mass.
20,842
14,329
15,077
W.




DEBITS TO INDIVIDUAL ACCOUNTS BY BANKS IN REPORTING CENTERS
Week ending
June 6, 1923
May 30, 1923

St. 3 ^ Ca
June 7, 1922

(in thousands of dollars)
DISTRICT N O .-2 - NEW YORK
Albany, N. Y.
• ■
Binghamton, N. Y.
.
Buffalo, 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.

' 28,441
*+,£93
75,162
4,376
5,039
4,0o5

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, P a . .
DISTRICT NO. 4 - CLEVELAND
Akron, Ohio
Butler, Pa.
Canton, Ohio
Cincinnati, Ohio
Cleveland, Ohio
Columbus, Ohio
Connellsville, Pa.
Dayten, Ohio
Erie, Pa«
Greensburg, Pa.
Homestead, Pa.
Lexington, Ky.
Lima, Ohio
Lorain, Ohio
New Brighton, Pa.
Oil City, P£.
Pittsburgh, Pa.
Springfield, Ohio
Toledo, Ohio
Warren, Ohio
Wheeling, W. Va.
Youngstown, Ohio
Zanesville, Ohio
C.




21,372
4,478
62,095

3,220

3,269

76,261
4,905,612

2,633
50,697
3,762,678

3,979
3,309
61,505
5,376,326

44,0C0
10,l66

29,321
6,349

46,413
4,256
17 ,2 9 1

26,327

38,100
6,971

8,219
4,520
13,356
5,967
10,232
3,628
6,244
5,963
1,763
1 ,6 56
397,760
10,757
.
l6,100
14,302

6,103
3,215
9,792
4,143
7,003
2,596
5,725
4,833
1,387
727
303,936
8,171
14,800

10,125
4,330
8 ,111
5,222

3,503

17,118
3,375
10,737
£1,467
169,011
3 7 ,SO6
1,39*+
. 18-’ 188
8,339
5,919
1,051
6,473
4,266
1,482
3,119
3^813
204,402
i+#933
4l,935
3,071
10,449
14,305
•

25,498
3,576
56,367
3,795

3,215

41,005
3,418
14,145

2,565

12,569

10,866
0,492
6,156
3,896
13,672
2 , 15 s
S. 403

60,155
118,032
31,596
1,238
13,954
5,903
4,950
747
3,397
3,24i
1,113
2,699
2,so6
155,460
3,956
32,190
2,756
12,768
2,548

6,489
3,240

10,986
4,26l

6,687
2,106
.

5,246
5,188
1,237

836
343,016
9,481

13,181
1 1 , l4i
8,242
4 ,566
8,444
3,208

13,802
2,498
9,142
67,824
138,632
27,969
1,303
13,546
6,356
4,l4i
84l
4,115
3,225
1,246
2,272
3,813
154,449
4,076
32,522
2,315
S ,60 7
11,774
2,493

DEBITS TO INDIVIDUAL ACCOUNTS BY B/iIXS IN REPORTING CENTERS
Week ending
June 6 , 1923

S t .35501

May 3 0, 1923
(In thousands of dollars)

DISTBICT No. 5 - RICHMOND
Ashevilie, N. C.
Baltimore, Md.
Charleston, S. C.
Charleston, W. Va.
Charlotte, N. C.
Columbia, S. C.
Cumberland, Md.
Danville, Va.
Durham, N. C.
Greensboro, N. G.
Greenville, S. C. .
Hage r stown, Md.
Huntington, W, Va.
Lynchburg, Va.
Newport News, Va.
Norfolk, Va.
Raleigh, N. C.
Richmond, Va,
Roanoke, Va.
Spartanburg, S. C.
Washington, D. C.
Wilmington, N. C.
Vans ton-Salem, N. C.
DISTRICT No. 6- ATLANTA
Albany, Ga.
Atlanta, Ga.'
Augusta, Ga.
Bi imingham, Ala.
Brunswick, Ga.
Chattanooga, Tenn.
Co lumbus, Ga.
Cordele, Ga.
Dothan, Ala.
Elberton, Ga.
Jackson, Miss.
Jacksonville, Fla.
Knoxville, Tenn.
Macon, Ga.
Meridian, Miss
Mobile, Ala.
Montgomery, Ala.
Nashville, Tenn,
Newnan, Ga.
New Orleans, La,
Pensacola, Fla.
Savannah, Ga.
Tanrpa, Fla.
Valdosta, Ga.
Vicksburg, Miss.




4,626

102,700
9 i! o £
9,15S
4,800
2,199
2,129
4,000
5,324
4,996
2,772
6,735
4,765

1,867
16,789
7,300

32,082
6,422
2,358

51,304
5,474
7,289

1,107
38,535
5,500
23,767

657
2,965
2,567

4,261
69,400
1 5,900
8,153
2,572
4,127

1*222
1,454
4,058
3,190
4,926

2,026
5,781
3,598
l,4o6
14,396

7,100
22 , 450 4,963

2,201
47,733
3,571
4,961

8 60
26,442
5,041

22,023
507
6,514
2,422

120
540
•

150

2,721
12,235

8,563
4,233
6,572
4,426

19,122
315
62,127
1,822
9,779
7,956

1,022
1,497

44b

129
2,19 4
10,235
5 , 2203,792
2,222
6,199
3,664
13,272
335
56,337
1,472
2,322
7,060
26c
1,400

4,021
96,747
5,288
9,427

8,132
5,145
1,903
1,911
3,976
4,103
4,022

2,321
5,201
4,403

1,276
17,551
4,900
30,73^
5,397
2,075
51,796
5,423
5,671

937

24,595

6,511
15,444
574
7,349
2,422
274
428
197
2 , l 60

10,692
5,792
3,938
2,057
5,814
3,568
17,951

267
55,539
1,475

10,456

5,776
767
1,376

St.

DEBITS TO INDIVIDUAL ACCOUNTS BY BANKS IN S3PC5TIIT6 CENTERS
eak ending
June 6 , 1923

May 30, 1923

June 7, 1922

(in thousands of dollars)
DISTRICT NO. 7 - CHICAGO
Adrian, Mich.
Aurora, 111.
Bay City, Mich*
Bloomington, 111.
Chicago, 111,
Danville, 111.*
Davenport, Iowa
Decatur, 111,.
Des Moines, Iowa
Detroit, Mich.
Dubuque, Iowa
Flint, Mich.
Fort Wayne, In i,.
Gary, Ind.
Grand Rapids, Mich.
Green Bay,. Wis.
Hamnond, Ind.
Indianapolis, Ind,
Jackson, Mich.
Kalamazo0, Mi ch.
Lansing, Mich.
Mason City, Iowa
Milwaukee, Wis,
Moline, 111.
Muscatine, Iowa
Oshkosh, Wis.
Peoria, 111.
Rockford, 111.
Saginaw, Mich.
Sioux City, Iowa
South Bend, Ind.
Springfield, 1 1 1 ,
Terre Haute, Ind.
Waterloo, Iowa
Cedar Rapids, Iowa
DISTRICT NO, 8 - ST. LOUIS
East St. Louis and
Nat'l Stock Yards, 1 1 1 .
Eldorado, Ark.
Evansville, Ind.
Fort Smith, Ark.
Greenville, Miss.
Helena, Ark.
Little Rock, Ark.
Louisville,. Ky,.
Memph is, Tenn.
Owensboro, Ky.
Quincy, 1 1 1 .
St. Louis, Mo.
Springfield, Mo,
C.




9 13
3,465
2,357
2,953
619,632
3,900
5,662
4,005
2 2 ,7 %
162,334
3 >£24
5,745
14,703
3,26l
16,895
2,853
3,920
41,250
5,536
5,5^5
10,915
g gQg
71*497
2,152
1 , 6S0
3,000
9,944
6,185
5,139
15,717
11,977
6,797
5,634
4,813
S,col

11,286
3,34l
7,04b
3,930
51S
1,009
12,4l4
47,905
3 3 , 615
1*458

3,103
194 734
4^412

6bS
2,560
2,045

2,032
592,331

2,900
r-

/■»-<—

5> Obo

2,776
13,937
146,455
2,504
6,512

16,324
4,023
12,443
2,452
3,400
32,532
4,007
3,942
7,709
2,135
52,909
1,519
1,199
2,000
7,531
4,434
4,172
13,551
c ,023
5,017
4,915
3,379.

855
3,490
2,447
2,580
722,03.4

2,500
8,192
3,584
18,584
123,450
3,343
5,844

7,601
1,990
15,530
33,710
00O
4,138
/,S30

2,620
57,783

2,590
1,169

2,400
9,472
4,854
17,420
3,470

5,862

3,393

5 ,co7

*,795

9,849

2,9-14

7,156
2,009
571
769
11,269
<
-9»l?1'
21,915

925
2,055
133,549
3 , 21 s

6,567
1,152
9oS
9,725
32,704

26,671
1,105
2,777
147,047

3,979

DEBITS TO INDIVIDUAL ACCOUNTS BY BANKS IN HEPOHIINO CEKEKSKS
Week ending
June 6, 1923

May 30, 1923

miim

..St.t3539£

June 7, 1922

(in thousands of dollars)
DISTRICT No. 9 - MINNEAPOLIS
Aberdeen, S. D.
Billings, Mont,
Dickinson, N. D.
Duluth, Minn.
Fargo, N. D.
Grand Forks, N, D.
Helena, Mont.
Jamestown, N. D.
La Crosse, Wis,
Lewistown, Mont,
Minneapolis, Minn
Minot, N. D,
Red Wing, Minn.
St. Paul, Minn*
Sioux Falls, S. D.
Superior, Wis,
Winona, Minn.

1,427
1,923
331

25,926
3,325
1,276
2,021
222
3,109
1,005
77,629
1 ,1 1 1
7S5
42,396
4,231
1,8 16
1,220

915

1,308
1,501
326
2,575
737
63,627
631
415
32,659
2 ,2 12 .
1,432
209

1>506
1,719
260
26 ,693
2,912
1,496
2,323
459
834
67,576
802
66l
39,835
3,133
1,627
1,719

1,2 9 6
2,281
3,244
1,430
2,679
34,594
2,100
513
872
516
574
1,894
2,238
2,522
4,256
60,005
802
701
4,063 '
15,208
1,5 2 2
39 , 708
432
1,327
2,621
12,045
2,343
22,985
7,471

1 ,1 1 3
2,650
3 , 25l
1,832
3,566
35,067
2,717
1,091
1,255
682
563
2,692
1,673
2,769
3,273
72,018
1 ,1 6 1
916
5,897
24,749
2,660
47,609
1,353
1,035
3,579
12,049
3,521
20,331
10,067

1,490
247
l 6 ,0l 6
2,189

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 J m e t ion , Colo.
Guthrie, Okla.
Hutchinson, Kans.
Independence, Kans.
Joplin, Mo.

Kansas City, Kans.
Kansas City, Mo.
Lawrence, Kans.

McAlester, Okla.
Muscogee, Okla.
Oklahoma City, Okla.
Okmulgee, Okla.
Omaha, Neb.
Parsons, Kans.
Pittsburg, Kans.

Pueblo, Colo.
St. Joseph, Mo.
Topeka, Kans.

Tulsa, Okla.
Wichita, Kans.




1,495
3,416
4,573
2,250
3,337
41,823
3,132
997
1,409

721
243
2,775
2,211
3,461
4,529
94,318
1,135
238
6,247
26,810
2 ,19 1
51,509
926
1,376
4,677
17,449
4,319
24,330
12,827

DEBITS TO INDIVIDUAL ACCOUNTS BY BANKS IN REPOSTING CENTERS
____________________Week ending______
June 6, 1923

i

May 30* 1923

S t .. 355Qg—
June 7, 19^

(in thousands of dollars)
DISTRICT NO.. 11 - DALLAS
Albuquerque, N. M,
Austin, Tex.
Beaumont, Tex,
Corsicana, Tex.
Dallas, Tex..
El Paso, Tex*
Ft. Forth, Tex-.
Galveston, Tex*
Houston, Tex.
Roswell, N, M.
San Antonio, Tex.
Shreveport, La.
Texarkana, Tex.
Tucson, Ariz.
V'aco, $ex.
DISTRICT NO. 12- SAN FRANCISCO
Bakersfield, Calif,
Bellingham, Wash.
Berkeley, Calif*
Boise, Ida.
Eugene, Ore.
Fresno, Calif.
Long Beach, Calif.
Los Angeles, Calif.
Oakland, Calif,
Ogden, Utah
Pasadena, Calif.
Phoenix, Ariz.
Portland, Ore.
Reno, Nov.
Ritzville, Wash.
Sacramento, Calif.
Salt Lake City, Utah
• San Bernardino, Calif.
San Diego, Calif,
San Francisco, Calif.
San Jose, Cal if.
Seattle, Wash.
Spokane, Wash.
Stockton, Calif.
Tacoma, Wash.
Yakima, Wash.

c.
I




2,581
3,690
4,511
1,263
36,172
11,021
17,57S
20,108
24,632
672
9,285
7,420

1,74 3
1, SSO
3,533
2,51S
2,070
4,160
3,608

1,900
9,603
14,524
170,192
30,514
5,992
8,300
6,613
34,9S7
3.1S4
162
9,195
16,150
1,746
10,659
200,996
4,786
44,043
12,726
5,934
io,S59
2,597

1,490
2,373
2,791
1,235
25,196
5,653
17,336
15,322
IS,6lS
49S
5,153
7,033
1,715
1,440
2,271

2,336
3,357
3,245
796
34)So2
7,654
24,440
12,432
22,773

2,492
1,305
2,719
2,099
3,300

2,414
1,326
4,423
3,030
1,336
9,&
7,764
116,704

s, s6o
10,374
l4i,944
2 2 ,19 1
5,319
6,931
3,419
24,737
1,797
10s
7,266
n ,9 3 i
1,354
3,5 12 '
139
3,597
3l,34i
5,237
4,003
6,669
1,505
, 6 6

0

567
7,376
7,435
1,495
1,904
3,965

22,325
4,237
6,129
4,45S
30,627
3,340
136
14,253
13,681
1,700
s , 96o
175,001
4,702
34,149
1 1 ,9 1 7
5,09S
10,267
2,722