Full text of G.6 Bank Debits and Deposit Turnover : June 11, 1922
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.STATEMENT EOS THE PEESS St. 2830, Federal Reserve Board, June 10, 1922. Released, for publication Sunday morning, June 11; not earlier. BANK DEBITS Volume of business for the week ending June 7> measured by debits to individual accounts reported to 'Ohe Federal Reserve Board for banks in 155 ■ • clearing house centers, totaled $9,633,000,000, or about 32 P©r cent in excess of the total of $7,315,000,000 for the preceding week. End-of-month settlements, payments for the $200,000,000 of Treasury certificates of the June 1 series, the larger number of business days in the week (6 instead of 5 ttoe dosing week^ of May) and a heavier volume of stock exchange transactions largely account for the increase shown. Larger average daily figures are shown for all the more important cities, except Pittsburgh, St. Louis, and Kansas City. For the banks in New York City the total increase for the week was about 36 per cent. As compared with the week ending June S, 1921 the volume of business for the week under review shows an increase of $ 1 , 568, 000, 000, or of over 19 Pe^ cen • Nearly 75 per cent of this increase is reported by New York City, Larger figures than for last year are also reported for the other leading centers, except Pittsburgh, Minneapolis, Kansas City and San Francisco. The total number of centers reporting this week is 246, of which 165 ar® included in the summary by Federal reserve districts. DEBITS TO INDIVIDUAL ACCOUNTS BY BANKS IN REPORTING CENTERS SUMMARY BY FEDERAL RESERVE DISTRICTS. Week ending Number of Federal June 8 , 1921 centers Reserve May 31, 1922 June 7. 1922 included District (In thousands of dollars) 465,763 li+ 484,563 388,670 No. 1 Boston 4,343,576 7 5.526,392 4,084,637 2 New York 379,028 13 425,901 331.961 3 Philadelphia 419,504 13 459,104 372,393 4 Cleveland 205,420 11 235,539 186,340 5 Richmond 1 6 1 ,44i 15 176,276 157,397 6 Atlanta 892,352 24 1,078,443 790,611 7 Chicago 215,415 S: 239,619 210,254 8 St, Louis 147,944 12 145,582 104,984 9 Minneapolis 237,296 15 246,577 206,601 10 Kansas City 130,4ii 13 134,302 113,900 11 Dallas 472,230 20 486,121 367,661 12 San Francisco 8,070,380 9,638,419 TOTAL 1,315,409 I 65 REPORTING CENTERS BY FEDERAL RESERVE DISTRICTS (In thousands of dollars) Bangor, Me, Boston, Mass. Brockton, Mass. Fall River, Mass. Hartford, Conn. Holyoke, Mass. Lowell, Mass. Lynn, Mass. Manchester, N. H. New Bedford, Mass. New Haven, Conn. Portland, Me, Providence, R. I. Springfield, Mass, Waterbury, Conn. Worcester, Mass, 3,629 338,922 4,5 11 6,566 23,345 3,104 4,925 6,214 3,925 6,552 18,359 6,419 29,363 16,351 8,026 15,077 2,757 272 , 12s 3,637 5,853 18,393 2,552 3.389 4,249 3,177 4,957 15,150 6,431 24,892 11,349 6,173 1 1 ,469 4,189 323,516 5,030 21,961 2,961 4,805 5,299 5,685 18,391 8,001 30,784 14,551 6,636 13,954 DEBITS ,10 INDIVIDUAL ACCOUNTS BY BANKS IH REPORTING- CENTERS . S t.2830%, IVesI; ending ......... May 31, 1922 ■ June 8 , 1921 June 7 , 1922 DISTRICT No. 2 - NEW YORK' " Albany, N, Y, Binghamton, 'N, Y. Buffalo, N. Y. Elmira, N. Y. Jamestown, N, Y. Montclair, N, J, .• Nev/ark, 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, Fa, 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 Col’umbus, Ohio Connellsville, Pa, Dayton, Ohio Erie, Pa» Greensburg, Pa. Homestead, Pa, Lexington, Ky. Lima, Ohio Lorain, Ohio ^Rew Brighton, Pa. Oil City, Pa. Pittsburgh,, Pa, Springfield, Ohio Toledo, Ohio Warren, Ohio Wheeling, W> Va, Yomigstown, Ohio Zanesville, Ohio (in thousands of dollars),-' , 26,535 2 3 ,998 21,372 4,025 3,689 4,47s 55,351 50,599 62,095 2,490 3,269 3.$79 3,309 61,505 5,376,326 38,100 6,971 41,005 3 ,4 1 8 14,145 6 ,489 3,24o 10>986 4,261 6,687 2,106 5,246 5,188 1 , 23.7 S36 , 343,016 2,829 — 4,204,745 2,035 46,242 3,964,722 ■ 26,3 98 5,524 4 ,8 7 6 24,727 2,168 12,026 33,180 ♦ 4,888 2 ,7 8 4 8,787 3,443 5,848 1,662 4,746 3,909 1,052 601 266,257 14,216 3,242 - 4,095 7,210 - 5,055 4,943 - 295,273 8,635 9,481 '13.181 1 1 ,l4i 8,242 4 ,566 8,444 3,208 6,394 9,368 9,421 13,802 9,926 1,996 5,931 52,397 13,981 2,498 9,142 67,324 138,632 101,780 118,237 27,969 1,303 13,546 6,356 4 ,l4 l 84l 4,115 3,225 1,246 2,272 3,813 154,449 4,076 32,522 2,315 8,607 11,774 2,493 6,653 3,393 6 , 69s 3,047 24,946 • 932 11,342 5,395 3,772 5S5 3,355 2,184 898 1,642 15,835 10,706 8 ,611 3,663 7,919 3,841 - 55 , 06b 25,643 - 12,634 5 , 29a 3,334 3,541 - 2,638 2,301 135,326 3,196 27,551 2,257 8,315 10,005 1,855 156,970 3,889 8,089 9,915 — DEBITS TO INDIVIDUAL ACCOUNTS BY BAMS IN REPORTING CENTERS Sit.283QV, Week ending June 8 , 1921 May 31,1922 .7 ,1 9 2 2 .... DISTRICT No. 5 - RICHMOND Asheville, 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. C. Greenville, S. C. Hagerstown, 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. Winston-Salem, N. C. DISTRICT No. 6 - ATLANTA Albany, Ga. Atlanta, Ga. Augusta, Ga. Birmingham, Ala, Brunswick, Ga, Chattanooga, Tenn. Col^imbus, 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. Tampa, Fla, Valdosta, Ga. Vicksburg, Miss, (I'iTt]lousands of dollars) 4,031 96,7^7 5,682 9,427 3,132 5,145 1,903 1,911 3,976 4,103 4,022 2,321 3,315 7 S ,150 4,934 5,477 5,824 4,000 1,475 1,524 2,590 2,931 5,201 3,927 3,229 1,357 14,571 3,800 22,537 3,770 1,78$ 4,403 1,276 17,551 4,900 30,734 5,397 2,075 51,796 5,423 5,671 937 24,595 6,511 15,444 574 7,349 2,4SS 274 428 197 2,160 10,692 5,792 3,93S 2,057 5,814 3,568 17,951 267 55,539 1,475 10,456 5,776 767 1,376 91,179 6,011 < ■ # 5,409 3,791 - — 3 ,U 5 5*173 3,600 1,500 14,146 4,050 25,262 - 42,556 4,728 38,280 6,717 4,379 746 22,534 5,726 15,428 443 5,785 2,249 184 355 193 1,853 10,309 4 , 65s 3,186 24,160 4,923 13,226 - 7,670 - 10,024 5,565 3,555 1,437 - 5,3SS 6,073 3,011 18 , 82S 3,030 12,762 283 . .T* 46,756 * , 626 .•9*>58l • 5,093 - 51,562- 1,300 ' 9,630 . 4,769 SOS 1,330 . - . ■' 1,345 ——'B^S Tp, INDIVIDUAL jACCOUNTS BY BANKS IN REPORTING CENTERS St.2830c. Week ending June 7 , 1922 May 3 1 , 1922 June 8, 1921 DISTRICT No. 7 - CHICAGO Adrian, Mich. Aurora, 111 , Bay City, Mich. Bloomington, 111 , Cedar Rapids, Iowa Chicago, 111 . Danville, 111 . Davenport, Iowa Decatur, 111 , Des Moines, Iowa Detroit, Mich. Dubuque, Iowa Flint, Mich. Fort Wayne, Ind. Gary, Ind. Grand Rapids, Mich. Indianapolis, Ind. Jackson, Mich, Kalamazoo, Mich. Lansing, Mich. Mason City, Iowa Milwaukee, Wis. Moline, 111 . Muscatine, Iowa Oshkosh, Wis. Peoria, 111. Rockford, 111, Sioux City, Iowa South Bend, Ind. Springfield, 111, Waterloo, Iowa DISTRICT No. 8 - ST. LOUIS East St. touis and Nat *1 Stock Yards, 111. Evansville, Ind. Greenville, Miss. Helena, Ark. Little Rock, Ark. Louisville, Ky. Memphis, Tenn. Owensboro, Ky. Quincy, 1 1 1 . St, Louis, Mo. Springfield, Mo.. DISTRICT No. 9 - MINNEAPOLIS Aberdeen, S.D, \ Billings, Mont. Dickinson, Nr D, Duluth, Minn, Fargo, N. D. Grand Forks, N. D, Great Falls, Mont, Helena, Mont, Jamestown, N. D. Lewistown, Mont. Minneapolis, Minn. Minot, N. D. Redwing, Minn. St. Paul, Minn, Sioux Falls, S. D. Superior, Wis. Winona, Minn. (in thousands of dollars) 858 4j 7 2,065 2,447 2 . 5S0 5,867 722,014 2,153 2,069 2,244 3,919 514,686 1,800 6 , 885 9,854 '574,824 3,^90 2,500 S,192 3,584 18,584 123,450 3,343 5,844 7,601 1,990 15,530 33,710 3,880 4,138 7,f30 2,620 57,788 2,590 . 1,169 9,472 4,854 17,420 8,470 2,592 12,019 . 99,052 2,339 5,370 5,936 3,231 12,050 26,974 3,914 3,344 4,763 1,983 44,672 1,683 860 1,700 6,085 3,641 14,110 . 5,405 2,371 6,915 3,197 18,354 108,337 2,767 5,079 6,028 17,750 33,374 2 , 51 s 4,107 5,392 50,543 2 ,5 11 8,334 4,842 8,528 4,072 6,522 5,093 3,393 2,878 2,868 9,849 6 , 98b 6,056 851 5,862 6,867 1,182 968 878 9,725 32,704 7 ,6 1 1 9,398 4,987 26,671 29,899 21,072 8,931 30,416 1,108 2,777 147,047 3,979 857 1,596 133,797 3,237 2,414 136,964 3,450 1,506 862 1,276 1,719 260 26,698 2,912 1,496 1,336 2,383 459 834 67,576 802 661 (*33,472)39,855 3,138 1,627 1,713 249 13,123 2,199 1,208 1,286 1,586 18,855 1,436 1,838 18,917 2,763 1,199 2,234 3,362 312 621 54,085 64o 4i4 <*24,746)29,184 2,517 1,366 730 ♦Debits of banks which submitted reports in 1921. 81,521 28,053 4 ,m i,4S7 973 EEBITS TO INDIVIDUAL Week June 7, 1922 ending May 31,1922 June 8,1921 (In thousands of dollars) DISTRICT No. 10 - KA1TSAS 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. Lawrence, Kans. MeAlester, 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. D allas, Tex. 31 Paso, Tex. ?t. Worth, Tex. Galveston, Tex, Houston, Tex. S.oswell, N, M, San Antonio, Tex. Shreveport, La, Texarkana, Tex. Tucson, Ariz. Waco,.-Tex, 1,113 2,650 3,251 1 , 83s 3,566 35.067 2,717 1,045 2,445 2,244 1,323 1 ,96s 30,084 2,093 1,091 1,855 544 900 2,692 2,026 2,023 2 , 13 s 688 563 1,673 2,769 3,273 72,018 l ,l6 l 1,179 1.956 'i;99S 2,226 33.3S4 548 351 3r&7'2 60,371 653 2,262 3,501 73,288 916 632 5,S97 24,749 5,116 3,743 15,006 19,837 2,660 47,609 1,353 1,035 3,579 12,049 3,5Si 20,331 10,067 2,336 3.S57 3,248 796 34,882 7,654 24,440 12,432 22,778 567 7,876 7,435 1,495 1,904 3,965 2,419 39,032 468 774 3,304 9,854 45,478 23,400 1 5 ,H 7 4,077 17,183 8,520 12,067 1,827 2,243 2,794 3,541 2,627 2,273 2,536 688 26,475 6,000 24,180 12,671 19,719 405 5,872 6,420 31,066 9,249 18,S40 IS ,77* 23,376' 8,071 6,371 1,326 1,098 1,410 3,191 1,852 3,136 ( DEBITS TO INDIVIDUAL ACCOUNTS BY BAMS IN REPORTING CENTERS Week June 7 , 1922 St.2830e ending May 31,1922 June S, 1921 (In thousands of dollars) DISTRICT No, 12 - SAN FRANCISCO Bakersfield, Calif, Bellingham, Wash, Berkeley, Calif. Boise, Ida. Eugene, Ore. Fresno, Calif. Long Beach, C alif. Los Angeles, C alif. Oakland, Calif. Ogden, Utah Pasadena, Calif. Phoenix, Ariz. Portland, Ore. Reno, Nev. R itzville, Wash. 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, Wash. Yakima, Wash. 2 ,4 l 4 1,826 4,428 3 ,0 3 0 1,336 9 ,6 2 9 7 ,7 6 4 116,704 22,325 1,365 6 ,129 4 ,452 30,627 3 ,3 4 0 ISb l4,2S3 13,681 1,700 8 ,9 6 0 175,001 4,702 34,149 11,917 5,098 10,267 2,722 2,702 1,193 2,469 2,273 1,372 7,085 5,729 SB,079 15,151 3,711 4,622 4,267 26,506 1,66S 143 9,566 10,526 1,123 7,479 132,25s 3,506 23 , 4s6 10,717 3,259 6,382 1,339 - 3,217 2,200 - 8,S02 6,112 104,294 20,390 3,243 5 , 5^5 30,752 2,611 - 1M 33 16,064 - 8,220 176,727 M 35 37,844 12,034 4,184 9,OS6 2,031