Full text of G.6 Bank Debits and Deposit Turnover : March 2, 1919

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St» 237
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Released for publication Sunday morning March 2, ISIS, not earlier*
PRESS STATEvElJT.
March 1, 1913*.
Below is given the Federal Reserve Board’ s twenty-eighth
tot^l debits to deposit account , repotted through the Federal
about I 5O of the country* s more important clearing houses*
the weekly periods ending Wednesday February 1$ and Wscbesday

weekly satatment of
Reserve Banks by
Transactions, cover ■
'
February 26.

Owing to the universal observance of February 22 as a legal holiday, figures
of both debits to individual account and debits to bank account cover only 5 days1
business instead of 6 days* business included in the figures of the inffiBdia.t'ely
preceding week. Larger than ’ . average declines in debits to individual account
are shown for Chicago, Detroit and most of the Pacific Coast cities. Debits to
bank account while moving in the same direction as the debits to individual ac­
count, in most Cases show relatively larger declines for the week.
The statement closes with a recapitulation giving comparative data by
reserve districts for 152 centers reporting complete data for both weeks.
Figures of reporting clearing houses by Federal Reserve districts are as
follows:

IDebits to Individual
t
Debits to Banks' and
5_______ Account___________________ Bankers1 Account
_________________________ ^February IS i: February 26; February 19
February 26
(In thousands of dollars)
1 * BOSTON
.
Bangor
271
2,730
2,364
301
157 ,05s
Boston
208,786
226,339
183,551
205
Fall River
4,326
5S7
5,325
Hartford
18,181
1,103
1,659
-14,35*
Holyoke
56s
3,003
2,083
535
e4o
25
s
Lowell
3.57S
^•>759
4,000
New Bedford
6,591
287 >-■
5^
582
New Haven
629-#
13,884
16,540
Providence
20,388
28,365
1,351
1,757
324
Springfield
12,6o4
343
9,735
Waterbury
6,400
7,164
^33
653
10,512
S57
Wor cester
13,46s
1,310
NEW YORK
Albany
Binghamton
Buffalo
New York
Passaic
Rochester
Syracuse
PHILADELPHIA
Altoona
Chester
Harrisburg
Johnstown
Lancaster
Philadelphia
Reading
Scranton
Trenton
Wilkes Barre
Williamsport
Wilmington
York



14,376

2,968

62,340
...3 ,881,92-4
3,241

26,581
12,306
£,52S
4,380
5,537

2,316
4,329
302,813

4,0+1
10,79S
12,796
6,729
2,846
8,526

3,030

8,647

10,834

43,320
3,638,005

10,657
1 , 689,166

2,566
20,267

352
555

8,344
1,410,174
23 s
465

20,082

2 ,238

9,386

2,071

4,io4
^,577
2,737
3.33S
246,140

3,229
11,95**

7,603

5,100

2,547
10 ,084
2,380

532

271

68
5
181
71
346,2:70

1,810

318
103

240

31 ;

232
222
301,586
1,527
113 '
. 63.

238

53

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Debits to Individual

;________A c c o u n t ,__
t February ____
IQ ?jbnn?y 2 b;

Debits to Banks’ and
Bankers*' Account___

February 19
(in thousands of dollars*)

*.

CLEVELAND
Akron
Cincinnati
Cleveland
Columbus
Dayton
Erie
Greensburg, Pa«
Lexington
Oil City
Pit tsburgh
Spr i.ngf i eld
Toledo
Wheeling
Youngstown

5 * RICHMOND

Baltimore
Charleston
Charlotte
Columbia
Norfolk
Raleigh
Richmond

16,955
50 ,^3*
'm s s i
22 ,2*0
10 / 1,03
6 ,19s
2 :30 s
1 0 , 872'
2,7*1
15*->753
2 SV*9
22 j.'.:6l
7 5?;6l
9,^95

12,976
* 7,*60

99,871

.19,888
%S7?
5,700
2-;QoS
8 ,^ia

2^12
1 5 1 .*5.7
2,81*

20 ,906
6^58

CHICAGO
Bay City
Bloomington
Cedar Rapids
Chicago
Davenport
Decatur
Des Moines
Detroit
Dubuque
Flint
Fort Wayne
Grand Rapids
Indianapolis
Kalamazoo
Lansing
Milwaukee
Peoria
Rockford, 111
Sioux City
South Bend
Springfield

Waterloo,
la.


116,023
3, *09
3^8

*7
7.351
2,636
325,236
2,153
6,55°
7/657

S3

3 6..300
.92,7*7

2 ,699
627
101
6,600
2 .5*2
280 ,159
2,272

6,216
6 .8*3

11,880

629

b559

7U ,982
6 ,37 s
5,500
6 857
l 6,*98
5.900
22^177

63,366

39,915

33.310
2 , 9-1
7,385
3,213
20,580

23,027
5,707

6,521

11 ,00*

9,012
9,903
5-769

8,100
2 , 6*1
22,738

5,200

2,900

21,318

68,313

1 9 , 53s
6 ,2*7

•21., 90S
1,975
3 , 97°
*,*31
7 ,82 b
.1 , 92*
2,519
972
*39
1 2 , 6*9
* 2,516
1 ,0*3

. 13 .*39
■ 6 ,9*3
9,911

* f*95

*,059
5 ,t)2 b
6,012

5,839

2,951
19.972

6,527

18,855
65 , 19s
2 ( 266
11,722
*.707
1 : 60*
3,076

2,388
3,*95

61* ,073
8 ,*2j.

2,917
18,172
130>53*
£3,021
•3,725

*,671

13,890
3 2 , 67*.
3,336
, * s3° 7
* 8 , 65*
1 2 . 59O
*.9/3
15,273

3,167
2 , 91s
2,925

2.914

5,061
*,635
16 ,*55

6 . ATLANTA

Atlanta
Augusta
Birmingham
Chattanooga
Jacksonville
Knoxville
Macon ••
Mobile
Montgomery
Nashville
New Orleans
Pensacola
Savannah
Tampa
Vicksburg

108
* 2,591

’b‘ebruarv 2 o

58,810
1,868
10,096
*,*39
1,565

7,586

1,577

87

2,2*3
2 ,088
* , 12*
511,115
7,872
2 ,*16
1* , 1 S2
89,557
1,707

*73
S93
9,685
629,07 *

6,072

23
1,593
3,958
25,.613

*,533
16,559
2* , 501

2,*06
3,227
*1,523
1 0 ,9*2
3,928
1 5 .9^8
2 ,*65
2.589
2:, * 2 2 .

2,239
527
37 ,*78
* 8,832

I,2 6 7

*62
195

26,082
2,323
' 2 X0
II,131
2,178
2,286
. 1,227

3,000
61 ,0*8
1 9 , 12s
1 ,600
*;qi7
3 ,792
7,578
l , 6cH
1,936
6*9
*58
1 1 , 5**
30,913
8*9
6 ,23 s
l ,*05
172:
332
1,099
7,712
* 86 , 19*
1 , 6*5

**3
30,977

36,*90
1,000
2*
1,565

3 , *38
20,539
351
181
23,692
1,935
153
1*,637
l,*5*
1 ,69s

1,005

St.

237 b

Debits to Banks' and
Debi ts to Individual
______________________
_ ____Bankers1 Accprint______
Account
February 19 : February 26 i February IQ : February 26
(In thousands of dollar:
ST LOUIS
Evansville
Little Rock
Louisville
Memphi s
St. Louis

11 .

3,501

7 >263

6,678

50,130

36,376
34,674

26,161
12s ,110

MINNEAPOLIS
Aberdeen
Billings
Duluth
Fargo
Grand Forks
Great Falls
Helena
Minneapolis
St. Paul
Superior
Wincaa
10,

3,300

1,284

2,066

14,082
1,541
1,180

3,126
2,281

62,127
36,793
1,830
950

KANSAS CITY
Atchison
781
Bartlesville, Okla 2,351
2,111
Colorado Springs
Denver
26,138
Joplin
2,888
Kansas City, Kans 3,249
Kansas City, Mo » 84,119
3,074
Muskogee, Okla.
12,791
Oklahoma City
Omaha
63 ,4g6
4,121
Pueblo
St, Joseph
16,729
Topeka
5,195
Tulsa
18,223
Wichita
7,055
DALLAS
Albuquerque
Austin
Beaumont
Dallas
El Paso
Fort Forth
Galveston
Houston
San Antonio
Shreveport
Texarkana
Tucson
Waco




1,331
4,4/0
4,691

36,988
7,121

17,300

(a)

5,421
27,918
7,436 (a)
4,789
i,?44
1,579
3,823

109,286
888
1 , 6l 6
9,575

1,765
2,412
2,249
54,292
32,507
1,578

826

1,714

7,020
40,216
24,401
123,731

21,747
108,723

973

697

901

4,4is

1,185

1 , 08S
3,922
2,959
69.247
4i ,605
117
877

872
1,436

44
42

1,718

901
19,604
508

21,426

2,869

2,680
83^918
2,833

4',377
158 , 679,
1,77b

10,838

11,123

56,947
3,250
22,743
3,842

57,627

16,062
8,225
1,296
2,523
3 , 67s

24,942
6,074
15,935
5,040
19,305

5,449
3 , 90s
968

1,551
315291

1,147
5,942
3^,710

949
13,751
1,734
9 , 1.06
13,057
3,435
4 ,022

443
72,868
9,243

S3 6
3,250

2,040

3,166
2 ,451
51,744
35»^31
121

678
482
51
720
17,759
, .3 "
4,47s

155,785
- 1,746
8,469
§4,744

598

16,152
l,4i4
7,974
10,282

2 >983

2 , 3 88
354

41,839
3,322

52.806
7 >53
33,539
4 , l 6s

50,792

40,300

3,757

3,594

476

1,317

2,027

403
1,409
2,230

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Debits to.iridividnal
•
Debits to Banks' and
__________ Account________:______Bankers1 Account________
February 19 ! February 26; February 19 I February 26
(In thousands of dollars)
12,

SAN FRANCISCO

Boise
Fresno
Long Beach
Los Angeles
Oakland
Ogden
■ Pasadena
Portland
Reno
Sacramento
Salt Lake City
San Diego
San Francisco
Seattle
Spokane
Stockton
Tacoma
Yakima

1 ,^ 5
5,913
2., ~fZ2
68,820
ll,l4l
3.713
3 ,^ 5
42,1+18
2,218
11,610
14,651
5*571

167,053

*+2,199
8 , 85^+
4,9^0
10,342
2,008

1 ,580
4,698
2,542
61,068
10,199
3,076

3,613
3,255
S9
46,700

2,678

306
26,321

29,215
■1,531

9,063
12,007

3,986
139,63^

3^,293
6,963

3,357
7,132
1,785

4,646
2 , 65s

92
32,087

2,019

2,198

5,506

M ?1
364
18 ,032
1,288
5,3pO
1 5 ,9 %

1,812
5,712
21,936
407

111,265
23,779
7,802
3,371
7 ,5 ^

499

219
88 ,449

17.135
5,.588
2 S442

6,116
377

Recapitulation showing figures for centers reporting both weeks.
Debits to Banks1 and
Debits' to Individual
Federal
1Number of!
___________________________________________
Banker s5* Account_____
Account
Reserve
j centers i
District
: included 1 February 19? February 26 i February 195 February 2 6 '
192 ,2k J
12.
1. Boston
301,619
163,153
3^5,115
1
,
430,386
2. New York
3 , 735i92U
U,004,836
1,709,973
7
304,100
349,103
305,864
373,329
?• Philadelphia 13
U37,7^S
4. Cleveland
14
515,243
401,778
*+39»127
131,063
138,292
122,556
1^7,521
7
5* Richmond
111,022
Atlanta
6.
92 ,723185,635
171^76
15
22
938,208
772,419
fi3&;5&tt
807,7^9
7 ‘ Chicago
174,269
197,082
214,964
s. St . Louis
190,515
5
3.0 0 .414
126,204
11
126,080
107,70s
9- Minneapolis
281,053
1 0 . Kansas City
252,311
?93,778
15
239,659
151,627
1 1 . Dallas
193,601
93,960
13
124,771
12 . San Francisco 18
207..351,
271,937,
33^,SO_l_
U09.523
GRAND TOTAL

152

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7,552,191

(a) Figures comprise debits to
bankers’ account.




6,773,235 '

^,915,^60

4,110,511

individual account , as well as banks’ and