Full text of G.6 Bank Debits and Deposit Turnover : June 19, 1921

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STATEMENT K)R THE PRESS
S t .2066.
Federal Reserve Board
June 18,-19 21.

Released for publication
Sunday morning, June 19;
not earlier,
BANK DEBITS

Volume of business, as measured by debits to individual accounts reported to
the Federal Reserve Board for banks in 152 important clearing house centers, shows
an increase from $7>831 >000,COO for the week ending June 8 to $7,9*+5>000,0 X for
the week ending June 15* The most recent week saw the payment of the seccnd in­
stallment of income and excess profits taxes, but as these taxes were due only on
June 1 5 , the last day of the week, the volume of debits does not fully reflect
the larger volume of business caused by the tax payments. Somewhat larger totals
are shown for all the leading centers, except Boston, Minneapolis, Kansas City,
San Francisco, and Los Angeles.
As compared with the corresponding week in 1920, debits fcr the week ending
June 15 are smaller by $1,712,000,000, or about 18 per cent, this relatively large
lag being accounted for in part by the fact that the corresponding week in 1920
ended on June 16, one day later than the week -under review, a day which no doubt
saw the deposit and debiting of a large amount of tax checks.

DEBITS' TO INDIVIDUAL ACCOUNTS AT CLEARING HOUSE BANKS
SUMMARY BY FEDERAL RESERVE DISTRICTS
Week ending
Federal
; Number of:.
Reserve
: centers : June 15, 1921 : June 8 , 1921 :
June 1 6 , 19£0''
District
; included :
(In thousands of dollars)
382,986
385,086
527>^65
No, 1 Boston
14
u , 370,030
4 , 343,576
u , 361,369
7
2 New York
370,967
358.122
469,812
10
3 Philadelphia
1+21,353
383.649
602,281
Cleveland
13
160
,
1+
3
5
149,010
184,217
Richmond
7
5
170 , 1+76
1 6 1 , 441
255^21
15
6 Atlanta
909,698
884,748
1
, 258,252
Chicago
22
7
185.257
178, U39
21+8,1+95
5
8 S t« Lou is
•
139,927
11
+
7
,
91
+
1
+
167,686
Minneapolis
12
9
233,129
236,117
318 , 281+
10 Kaaeas City
136 , 1+87
130 , 1+11
156 , 79^
11 Dallas
13
1
+
63,576
1
+
72,230
607,216
12 San Francisco
20
TOTAL

152

7 ,9 ^ .9 2 1

7,830,779

9.657,292

REPORTING CENTERS BY FEDERAL RESERVE DISTRICTS
(In thousands of dollars)
DISTRICT No. 1 - BOSTON
4,189
3,787
Bangor
^,*+93
339,329
(*2i+2,839) 323,516
Boston
(*239,510) 310,723
10,027
5,030
Fall River
5 >806
21
,
9
'
6
l
25,137
Hartford
19,972
2,961
Holyoke
3,464
4,155
4,805
Lowell
4,629
7,1?f
5.364
Manche ster
1+, 460
5,299
5.685,
10,757
New Bedford
7,307
19,701
New Haven
16,101
1 8,39 1 '
8,001
9.675
Portland
7,159
43,352
30,78U
Providence
3*+>118
Springfield
13,272
18,719
1^,551
6,636
9,150
Waterbury
6,053
21,204
Worcester
16,642
13,95*+
DISTRICT No, 2 - NEW YORK
21,693
Albany
23,21+6
26,535
4,913
l+,025
B inghamton
3,80 2
75,966
Buffalo
57,^67
55,351
4 , 692,930
1+,204, 71+5
New York
4,233,380
7,049
5,52*+.
Passaic
5i380
•
39.907
33,180
Rochester
3‘+>053
18,911
14,216
Syracuse
12,702

http://fraser.stlouisfed.org/
♦Debits of banks which submitted reports in 1920.
Federal Reserve Bank of St. Louis

DEBITS TO INDIVIDUAL ACCOUNTS AT CLEARING HOUSE BANKS
St>2066a.
We.Ak end'.ng
June 15, 1921___:
8 . 1921 : June 16, 1920
(In thousands of dollars)
DISTRICT No. 3 PHILADELPHIA
Altoona
3.190
3 . 2^2
3,556
Chester
“+,^59
4,095
6,371
Harrisburg
7,056
7,210
Johnstown
4,s66
5.055
Lancaster
M 71
^,943
6,623
Philadelphia
307,859
295.273
399.673
Reading
7,267
8,635
Scranton
15.75U
15,835
1^,552
Trenton
11,100
10,706
13,000
Wilkes-Barre
8 , 51+6
s , 6ll
9 , 1+31+
Williamsport
■3,644
3,663
4,662
Wilmington
7,621
7,919
7,340
York
3,923
3,S4l
• 4,601
DIS-TRICT No-. 4 - CLEVELAND
Akron
Cincinnati
Cleveland
Columbus
Dayton
Erie
Greensburg
Lexington
Oil City
Pittsburgh
Springfield
Toledo
Wheeling
Youngstown
DISTRICT Nc. 5 - RICHMOND
Baltimore
Charleston
Charlotte
Columbia
Greenville, S.C.
Huntington
Norfolk
Raleigh
Richmond
Washington
Wilmington
DISTRICT No. 6 - ATLANTA
Atlanta
Augusta
Birmingham
Chattanooga
Jacksonville
Knoxville
Macon
Mobile
Montgomery
Nashville
New Orleans
Pensacola
Savannah
Tampa
Vicksburg




V+.321

13,981

63,034
126,580

55,066

28,397
11,985

6,602
^,568
3,595
2,575
171. 25U
3,^79

29,242
8,244
10.511 ■
101,287

118,237

207,337

25,643
12,634
5,89 8
3,334

12,346
S', 562

5,525

U,847

3,359

156.970
3,889

226,564

91,179
5,^09
3,791

14,146
4,050
25 , 2.62
1+2,556
4,728

13,572
8 . 1 U4
10,366
5,652

9,74c
1^,987

9.915

15,701

u , 572

3,700
35,487

19,211
8,089

3 ,11 5
5,173

22,837

6,229

2,301

3,082
M 36

4,011
2^,815
*+2,466
U.79U

35,546

3,5^1

6,011
*+,26o

33,577

.

109,626
10,250
10,304
7,907
5,326
20,950
4,000
26,104

24,160
4,923
13,226
7,670

3*+, 969

10,024

14,980
7,576

5,565

8,989

18,276
14,107

4, ISO

3>555

7>0^7

5,177

6,073

9,045
5,914
27 , 7 1 b
80,952
2,361
15,556

2,220

27,660
*+8,651
1,687
8,989

5,565
1,204

3,011
18,828
1+6,756

1,626
9,581
5 , 09s
1,345

5,877

1,656

St. 2066b.
DEBITS TO INDIVIDUAL ACCOUNTS AT CLEARING HOUSE BANKS
'
Week ending
June 1 5 , 1921 ; June 8 , 1921 :
June 16;, 1920
(In thousands of dollars)
DISTRICT No. 7 - CHICAGO
Bay City
2 . 2UU
2,255
3;,107
Bloomington
2,021
2,371
3:,163
Cedar Rapids
9,851+
10,755
1 1 ,,757
Chicago
792,,053
595,536
57U,S2l+
Davenport
5,562
7,,871
6,915
Decatur
l+,,628
3,171
3,197
Des Moines
18 , 351+
21.,888
i*+, 579
Detroit
111,189
190,,789
108,337
.Dubuque
2,736
2,767
3,,929
Flint
1+.997
5,079
9,,0Ql+
F t . Wayne
7,61+3
6,028
s,>597
Grand Rapids
18 , 90!+
2k,,266
17,750
Indianapolis
1+2j,999
35,273
33 , 371+
Jackson
2,529
2 , 51 s
1+,,1+2U
Kalamaz00
i+,g 68
1+,107
5.i21+2
Lansing
5,100
5,392
7, 053
Milwaukee
55,168
50 , 51+3
71, 318
Moline
1,835
2 ,511
Peoria
6,507
8,33*+
11, 127
Rockford
l+,8l+2
6, 318
*+,351
Sioux City
18, 15 s
'
8,528
8,279
South Bend
6,522
6 , 1+23
6, 120
Springfield, 111.5,533
5,093
Waterloo
2,652
2,868
1+, 311
DI STRICT No. S - S T . LOUIS
- E a s t S t . L o u is and

10,266

N a t ‘ 1 . S t o c k Yards
Evan sville
L i t t l e Rock
Lou isville
Memphis
Quincy
S t . Louis
Springfield,

Mo.

5,202

9 , 1+91
(* 25 , 20U) 32,630
2 0 ,87S
2,2*+2
(* 125 , 082) lU0,175
2,780

DISTRICT N o . 9 - MINNEAPOLIS
Aberdeen
B illin gs
Duluth
Fargo
C-rand F o r k s
Great F a l l s
Helena
Minneapolis
S t . Paxil
Sioux F a l l s
Superior
T/inona
DI STRICT No. 10 - KANSAS CI TY
Atchison
B artlesville
Ch e yenn e
Colorado S p rin g s
Denver
Joplin
Kansas C i t y , Kan s.
K a n s a s C i t y , Mo.
Muskogee
Oklahoma C i t y
Omaha
Pueblo
S t . Joseph
To pe ka

Tulsa
Wichita



1,1+71
1,760
i s , 1+1+1+

9,398
*+,987
8,931
(* 23 , 756 ) 30 , 1+16
18,855
2 fy-lU
(* 1 2 1 , 910 ) 136!954
3, >+50

1,^36

2 ,115

1,8 88
18,917
2,763
1.1S9
2 , 231+
3,362

75.310

81,521

27,716

28,053
l+.lll
1,1+87
973

2,615
1,096
i,927

i+,i+95

1,926

1,052
1,257
2,092
3,077

1,179
1,956
1,998

2,657

2,226

33,5^2
2,298
3 , 1+66
68,679
3,913
20 ,11+5
*+2,537
2,508
1 5 , 61+6
3,833
21,93*+
9.310

33,381+

2,262
3,501
73.288
3,71+3
19,837
1+5, *+78

5*077
.9,1+31
38,391
35,607
159,989

1,771

2,101
23,936
3,368
1,992
2,001
2,715
87,275
32 , 50s
6,820

1,956
1 , 21+3

3,850
1,81+3

3,197
1+3,678
i+,382
2,989
91,1+81+
5,938

26,576
63,233
4,339

21,071

1 5 ,H 7
*+,077
17,183

31,908

12,067

li+,235

3,300

♦Debits of banks which submitted reports in 1920 .

DEBITS TO INEIVIHIAL ACCOUNTS AT CLEARING HOUSE BANKS
___________________ Week ending

S t . 2066c

June 15, 1921 : June S, 1921 : Jm e 1 6 /1 9 2 0
(In thousands of dollars)
DISTRICT NO. II - DALLAS
Albuquerque
Austin
Beaumont
Dallas
El Paso
Ft. Worth
Galveston
Houston
San A.ntonio
Shreveport
Texarkana, Terns
Tucson
Waco
DISTRICT NO, 12 - SAN FRANCISCO
Berkeley
Boise
Fresno
Long Beach
Los Angeles
Oakland
Ogden
Pasadena
Portland
Reno
Sacramento
Salt Lake City
San Diego
San Francisco
San Jose
Seattle
Spokane
Stockton
Tacoma
Yakima




1,656
2,646
3,151
31,754
S, 828

2,243
2,794
3,5^1

31,066

23,517
23,497

9,249
18,840
18,774
23,376

8,170

8,071

6,394
2,157

1,098

19,890

1,722
3,105

2,7262,286
S , 666j
5,392
103,758
18,135
3,4-10
5,529
40,259

6,371
1,852
3,136

3,217

2 , gOO
8,802
6 ,112
104,294
20,390
3,243
5,545
30,758

1,957

3,108

6,047
42,639
9 >164'

26,772

S,ll4
31,479
8,746
9,936
3,000
1,952

3,800
3,275
3,446
U ,1 3 0
5,271
103,406
31,827
3,55^

5,908

2,669

2,611

50,664
3,029

■
11,4 51
1^,353

14,833
lb,o64

8,386

17,787

8,220

8,669

176,727

248,488
5,523

173,869
4,130
32,432
11,499
4,371
8,325
1,936

^,035

37,844
12,034
4,184
9,086

2,031

56,018

13,849
5,9^6
12,387

3,361