Full text of G.6 Bank Debits and Deposit Turnover : June 13, 1920
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STATEMENT FOR THE PRESS Released for publication Sunday morning, June 13,1920; not earlier BANK DEBITS St. 1212 Fedoral Reserve Board Juno 12,1920. Belov/ 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 country1s more important clearinghouses. Transactions cov^r the weekly periods ending Wednesday, June 9 June 2 of the present year and June 11, 1919* statement closes with a recapitulation giving comparative figures by reserve districts for cities reporting complete data for the three weeks undes review. As compared with the total for the preceding 5 ^ ay week, the total of ~debits to individual account reported by 152 important Clearing Houses shows an increase of 526 millions, or 6*2 per cent. For New York City an increase of 305 millions, or of over 7 per cent is noted, while totals for Boston and St* Louis indicate a smaller volume of transactions than the week before. As the result chiefly of the limited volume of stock exchange dealings, the Now York City total of 4,487 millions is 6 IS millions below the corres• ponding 1919 total. For the other 151 cities an increase over last years1 total by 577 millions, or nearly 15 per cent is shown. For the 23 weeks the cumulative total for New York City, 111,035 millions, was 16.8 per cent lar ger than last year, while the corresponding total for 1U7 other centers, 105,886 millions, shows an increase of about 27 per cent ovsr the 1919 total* DEBITS TO INDIVIDUAL ACCOUNT AT C1EARING HOUSE BANKS., Week'ending Jun; - 1920 : June 2. 1920 1 June 11, 193A5L. (In thousands of dollars) DISTRICT No. 1 - BOSTON 2,813 3,288 Bangor 4 ,l6 l 280 , 215 313,301 Boston 2S6,64 i 7,871 Fall River 9,262 9.331 19,743 20, 880 Hartford 23,859 2,684 4,173 Holyoke 4,360 5,225 5,114 Lowell 5,894 4,812 Manchester 5,393 5,781 8,083 New Bedford 8,632 14,996 22,413 New Haven 19, S92 8,002 Portland 8, 562 31,301 39,647 Providence 38,200 5,552 Springfio Id 12,635 16, 561 7,184 6.332 Waterbury 7,730 13,306 l6,44o Worcester 17,504 DISTRICT No. 2 - NEW YORK Albany Binghamton Buffalo New York Passaic Rochester Syracuse DISTRICT No. 2 - PHILADELPHIA Altoona Chester Harrisburg Johnstown Lancaster Philadelphia Reading Scranton Trenton Wilkes-Barre Williamsport Wilmington York ■ 26,653 4,722 65,552 ,4g6, 802 5,031 36,615 17,093 2,823 5,320' 3,600 4,172 6,069 347 ;442 5,247 15,947 12,762 8,451 4,095 7 *1?? 4,864 3,740 t ,- 8 - 22 6l, 130 4,181,413 5,669 33,283 16,487 2,580 5,139 3,438 4,431 4,926 332,532 3,501 11,794 11,318 7,702 3,713 9,931 4,301 16,068 3,468 58,184 ,104,357 3,719 29,923 12,415 2,859 4,076 3,739 3,151 4,682 305,64o 3,615 12, 29s 9,702 6 ,i4 i 3,410 9 , 65s 3 ,3 4 i DEBITS TO INDIVIDUAL ACCOUNT AT CLEARING HOUSE BANKS S t ' 12l2a Week ending; Juno Q. 1920 ; June 2. 1S20 ; June 11. 1919 (In thousands of dollars) DISTRICT No. 4 - GffiVELAND. Akron 32,112 30,439 20,737 Cincinnati 58, 873 53 , 261 51,341 Clave land 160, 267 148,745 137,239 Colunbus 29, 01 s 27,722 26, S92 Dayton 11,768 12,111 11,973 Erie 5,252 6,730 8,227 Greensburg 4,066 4,559 Lexington 5,254 4.537 Oil City ■ 2,901 3,292 Pittsburgh 178, S85 1S4,945 6 3 1 7 Springfield 2,845 4,o45 3 ,5 H Toledo 26,129 28,944 23,263 Wheeling 6,688 2.537 10,675 Youngstown 12,344 21,612 12,376 i DISTRICT No. 5 - RICHMOND Baltimore Charleston Charlotte Columbia Huntington Norfolk Raleigh Richmond DISTRICT No. 6 - ATLANTA. Atlanta Augusta Birmingham Chattanooga Jacksonville Knoxville Macon Mobile Montgomery Nashvilie New Orleans Pensacola Savannah Tanpa Vicksburg DISTRICT No. 7 - CHICAGO Bay City Bloomington Cedar Rapids Chicago Davenport Decatur Dss Moines Detroit Dubuque Flint Ft. Wayne Grand Rapids Indianapolis Jackson Kalamazoo Lansing Milwaukee Peoria Rockford Sioux City South Bend Springfield Water loo 106. 65s 9,419 7,64o 7,701 5,941 21,107 4,572 26,6 o 4 30,660 2,727 16,341 12,320 1 3 ,5 ^ 7,331 6,563 8,944 5 ,706 27,065 76,791 2,212 15,529 6,029 1,972 3,186 3,064 11.900 682,720 9,424 K m 363 140,020 3,921 10,232 8,469 20,352 37,934 3,731 5,305 7,208 62,297 12.901 6,874 l6,4l6 5,133 4,464 4,872 92,961 10,100 2,155 7,279 5,220 15,272 3,251 27,396 29,043 2,794 17,479 12,536 13,935 7,000 2,529 7,319 4, S30 23 , 530 6.5,337 2 ,4 j 4 17,063 6 , 26s 1,371 3,569 2.757 c , ’ 322 6 654,231 6,941 4,103 17,965 130,395 3,552 9,295 6,666 21,663 35,363 4,812 4,603 6,808 57,127 10,426 5,725 16, S05 4,137 6.757 4,304 S ; 6 x 115,765 7,850 5,000 7,505 21,274 3,332 21,240 25,237 s,o43 13,306 13 , 222 11,276 6,o4i 7,094 7,953 4,879 20,872 79,377 2,900 17,322 5,295 1,962 2,326 2,241 10,532 622,303 6,692 4 297 17,641 106.913 2,317 2,291 5,089 15 ,144 31.913 4,o6s 3,°67 4,914 49,733 U ,1 3 3 4,593 16,003 3,684 5,353 2,213 St.1212b DEBITS 10 INDIVIDUAL ACCOUNT AT CLEARING- HOUSE BANKS----- Week ondin Juno Q. 1Q20 ; June 2. 1920 : June 11, 1 % ± (In thousands of dollars) DISTRICT Ho. S - S t . LOUIS Evansville Little Rock Louisville Memphis St. Louis 5,615 5,273 M g 9,075 32,717 8,510 34,420 6,082 35,096 151,692 iptf* Rg? 123,582 30,202 1U I J U 7 DISTRICT No. 9 - MINNEAPOLIS Aberdeen S.?1 * 2.U 3 1* BUlillSS Suluth ■ 1 ’ to3 1:959 E K * * . . Great Palls 2‘ 52? 90,39^ ,M l o Isl’frln 30,349 6,093 2,039 3 5 ,^ 3 S,042 2 36 5 1*250 DISTRICT No. 10 - KANSAS CITY Atcliison Bartlesville Cheyenne Colorado Springs Denver Joplin Kansas City, Kan* 5 4 o 7 ^n kn’ av7 ^0,917 3,357 ^ ’ nk? 37,720 - 1 »1 5° 1,070 S k QM 5 , 1 : 2,191 3,85“ i f : | a ;9 J >5 9 , 5 '^7*003 37,003 3 .1 0 ' f ^ ’ ^07 | 13$992 • 7p S o I ? ’ 7 ?n 2,3 1 $ DISTRICT No. 11 - DALLAS A lta jt^u e Austin J 79 ;> 585 3,915 > Wichita 5$6 1,029 ^3,6l6 M 30 3,221 * • ■ i :f « M 71 1,975 HQlena Minneapolis St. Paul Sioux Palls Superior Winona i 'u S JSqg 3'^t 1.99* \’ $ Z 1 § 1 I I 4 - 5 > 70g }• fiS i' sio ? t r ° nt El Paso Ft. Worth 38 107 11>2 24,128 3®; 673 9, *35 23,986 33',76U 7 ,t o _ 22,827 Galveston Houston San Antonio Shreveport — * Texarkana Tucson Ylaco 6,802 29,30^ 10,314 10,715 “ -a? 1,9^7 7?S 2 ,159 1/ 1+85 4 *. 30,459 32*468 3*2,. lul 1 *5-19 s46 si+6 3 ,sso li, S91 1 S 1,719 1,719 3 >515 St.1212c DEBITS TO INDIVIDUAL ACCOUNT AT CLEARING HOUSE BANKS, ______ Week ending ___________ June 9. IQ20 : June 2. 1920 ; Ji b s 11, 1912 (in thousands of dollars) SAN FRANCISCO DISTRICT Ho. 12 2,331 3,016 Barksl£y 3 ,ito 2,599 2 , 860 Boise 10,292 10,606 Fro sno 3,272 4,699 Long Boach 5,3Uo 59,899 90,426 Los Angolas 95,77*+ 13,393 29,771 Oakland 30,620 4,367 3,639 Ogden 4,102 3,289 ^,7^5 5 ,4 u Pasadena U0,128 37,035 Portland 45,37s 2,7^5 2,^73 Reno 3,132 li,4oi 11,836 Sasramento 13,065 lU,927 15,790 Salt Lake City 17,622 5,^73 6,3SO San Diego 8,381 i5i,57S 202, 26s San Francisco 203,752 3,638 M 79 San Jose 4,909 1+3,487 Seattle 45,120 10,19^ 12,044 Spokane 13,608 5 ,i4s 4 , 97 s Stockton >*,760 10,73210,763 Tacoma 11 , 544 2,7^3 Yakima 3,086 6 , 2 2 8 1+ 3 , 0 6 1 2 , 2 3 6 RECAPITULATION BY FEDERAL RESTIVE DISTRICTS. Week ending Number of centers June 9, 1920 : June 2, 1920 : June 11, 1919 included 4oo, 671 U6l ,637 442,696 Boston 12 5,228,139 4,322,604 4,642,474 New York 7 372,312 405,306 427,930 Philadelphia 13 487,615 521,624 549,692 Cleveland l4 181,966 171,020 183,701 Richmond 7 225,445 225, 56s 240,436 Atlanta 15 941,720 1,024,332 1,089,224 Chicago 23 206,732 227,872 St. Louis 219,356 5 148,549 146,467 167,809 Minneapolis 11 271 ,463 309,499 276,977 Kansas City ' l4 126,413 1314,177 Dallas 139,487 12 394,040 501,064 San Francisco 532,356 19 Federal Reserve District No. 1 2 3 4 5 6 7 8 9 10 11 12 TOTAL X l 152 8 , 944,660 8 , 418,648 8 ,985,065