Full text of G.6 Bank Debits and Deposit Turnover : March 2, 1924

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STATEM
ENT

for the press

S t.

Released for publication
Sunday morning, Mar. 2;
not e a rlie r.

3960

Federal Reserve Board,
March 1, 1924.

BAN DEBITS
E
Debits t o individual accounts as reported by banks in leading c it ie s fo r the
week ending February 27 ag;rerated $8,378,000,000 or $2,093,000,000 le ss than the to­
ta l o f $10,471,000,000 reported fo r the preceding week. The large decrease is due
in part to the fa ct that the week included Washington's birthday, which was observed
as a holiday throughout the country. New York City reports a reduction of
$1,155,000,000, Chicago - a reduction of $155,000,000, Boston - a reduction o f
$70,000,000, and Philadelphia and San Francisco - reductions-of $57,000,000 and.
$56 , 000, 000, resp ectiv ely.
As compared with the corresponding period in 1923, debits for the week under re­
view show a declin e o f $1,095,000,000, or 11.6 per cent. Decreased figures are re­
ported, by most o f the leading centers. Chicago reports a decrease o f $1+34,000,000,
New York - a decrease o f $422,000,000 arxL Boston - a decrease o f $48,000,000. An in ­
crease o f about $23 , 000,000 is reported by D etroit.
Aggregate debits fo r l4 l centers fo r which figures have been published weekly
sir-ce January, 19 19 , were
$7,885,383,000 as canpared with $9 , 870 , 701,000 for
the preceding week and $8,951,418,000 fo r the week ending February 28, 1923 .
Debits to individual accounts were reported to the Federal Reserve Board fcr
banks in 255 centers, o f which 247 are included in the suosary by Federal Reserve
d is t r ic t s .
DEBITS TO INDIVIDUAL ACCO N 3Y BAN S IN REPORTING CEN
U TS
K
TERS
_____________ SU Mruu 3Y FEDERAL RESERVE x j x v j x
M ArY
R.
DISTRICTS____________
j
W e e k e n d i n g
Federal
Number o f
Reserve
centers
Feb. 28, 1923
Feb. 20, 1924
Feb. 27, 1924
D is tr ict
included
(In thousands o f d o lla rs)
No. 1 - Boston
16
487,398
^38,992
536,597
2 - New York
4,723,227
5,526,448
4,302,026
13
452,990
3 - Philadelphia
18
432,285
510,749
571,434
4 - Cleveland
646,248
530,550
23
5 - Richmond
270,000
250,395
23
231,537
6 - Atlanta
24
223,277
261,755
213,713
7 - Chicago
1,004,151
1 , 432,761
1 , 202,130
35
8 - St. Louis
248,106
12
223,186
275,305
9 - Minneapolis
151,043
127,039
15
116,335
10 - Kansas City
276,448
258,445
229,652
27
11 - Dallas
147,126
119,210
15
156,695
12 - San Francisco
26
675,152
532,375
535,9o9
TOTAL

247

8,377,626

10,470,567

REPORTING CENTERS 3Y FED
ERAL RESERVE DISTRICTS
(In thousands o f d o lla rs)
DISTRICT NO. 1 - BOSTON
Bangor, Me.
2,415
3,3-58
Boston, Mass.
360,122
290,345
Brockton, Mass.
4,148
5,537
Fall River, Mass.
7,604
6,620
Hartford, Conn.
23,091
28 -O 3
S
Holyoke, Mass.
3,024
3,375
Eowell, Mass.
3,968
4,717
Lynn, Mass.
4,390
5,785
Manchester, N. H.
3,998
3,209
New Bedford, Mass.
5 ,6 o l
9 ,16 8
New Eaven, Conn.
20,261
19,289
Portland, Me.
9,052
7,363
Providence, R. I.
30,370
34,986
S prin gfield , Mass.
14,940
17,825
Faterbury, Conn.
5,926
6,752
Worcester, Mass,
17,000
13,407
C.




9 , 472,576

3,026
338,418
3,929
6,411
22,481
3,227
3,969
5,429
3,793
6,541
16,975
7,942
30,630
14,694
6,271
13,662

m
r-flTTS TO INDIVIDUAL ACCO N BY BAN S IN REPORTING CEN
U TS
K
TERS
St. 3960a
Week
end; a a
....... .
Feb. 28, 1923
Feb. 20, 1924
Feb. 27, 1924
(in thousands o f d o lla rs)
DISTRICT NO. 2 - N W YORE
E
Albany, N. Y.
Binghamton, N. Y.
B uffalo, N. Y.
Elmira, N. Y.
Jamestown, N. Y.
M ontclair, N. J.
Newark, N. J.
New York, N. Y,
Northern New Jersey Clearing
House A ssociation
Passaic, N. J.
Poughkeepsie, N. Y.
Rochester, N. Y.
Stamford, Conn,
Syracuse, N. Y,

29,721
4,131
56,722
3»202
3,687
2,335
54,665
4,066,526

30,206
5,083
78,435
*+,589
4,219
.3,405
68,897
5 , 221,896

27,426
3,915
59*086
3,^53
3,289
2,480
53,258
4,488,471

35>572
5 i 765
2,506
25,230
2,39 7
12,073

46,218
8,493
4,380
34,188
3,045
17,774

30,721
5,787
30,619
2,217
12,505

DISTRICT NO. 3 - PHILADELPHIA
Allentown, Pa*
Altoona, Pa.
Camden, N, J.
Chester, Pa.
Harrisburg, Pa.
Hazleton, Pa*
Johnstown, Pa.
Lancaster, Pa#
Lebanon, P a.'
Norristown, Pa.
Philadelphia, Pa.
Reading, Pa.
Scranton, Pa.
Trenton, N. J.
Wilkes-Barre, Pa.
Williamsport, Pa.
Wilmington, Del.
York, Pa.

5»956
2,909
9,444
5,476
7,837
2,529
4*598
5,052
1,260
829
314,250
8,790
22,400
12,882
14,103
3*643
6,462
3,865

7,912
3,707
11,940
6,707
10,882
3,049
5,328
6,554
1,812
879
371,045
11,025
18,300
23,471
9,867
4,063
9,197
5 ,o il

5,715
3,690
9,359
5,808
6,199
2,516
5,475
5,134
1,327
681
346,261
8,071*
17,086
11,260
9,581
3,918
7,242
3,664

DISTRICT NO. 4 - CLEVELAND
Akron, Ohio
Butler, Pa,
Canton, Ohio
C incinnati, Ohio
Cleveland, Ohio
Columbus, Ohio
C on n ellsville, Pa.
Dayton, Ohio
E rie, Pa.
Greensburg, Pa,
Homestead., Pa.
Lexington, Ky.
Lima, Ohio
Lorain, Ohio
New Birghton, Pa,
Oil City, Pa.
Pittsburgh, Pa.
S prin gfield , Ohio
Toledo, Ohio
Warren, Ohio
Wheeling, W Va.
,
Youngstown, Ohio
Z an esville, Ohio

14,057
2,050
8,846
61,396
118,806
26,224
1,039
14,838
6,213
5,838
744
5,922
4,348
1,128
2,198
3,220
183,205
3,622
38,815
3,046
9,632
12,800
2,533

16,881
2,236
10,539
79,100
168,095
30,580
1,060
15,460
7,703
5,710
1,032
7,826
5,527
1,408
2,592
3,972
201,469
M 33
45,468
4,380
14,750
12,966
3 ,o 6 i

14,363
2,395
9,033
71,778
134,269
29,415
1,382
16,196
6*179
4,398
667
7,630
3,901
1,086
2,360
2,767
194,828
5,005
36,511
2,297
9,516
13,077
2.361




-

nCTTTS TO INDIVIDUAL ACCOUNTS BY BANES IN REPORTING CENTERS--------- S t ..3 9 6 0 fr

r e e k
Feb. 27, 1924

ending;

Feb. 20, 1924

Feb, 28, 1923

(In thousands of d o lla rs)
DISTRICT NO. 5 - RICH O D
MN
A sheville, N. C,
Baltimore, Md.
Charleston, S. C.
Charleston, W Va.
.
Charlotte, N. C.
Columbia, S. C,
Cumberland, M3,
Danville, Va.
Durham, N. C.
Greensboro, N. C.
G reenville, 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.

4, ll4
67,400
6,8 Ik
7,502
9,157
4,920
1,652
1,867
3,971
4,152
5,412
1,684
5,136
3,647
1,279
13,594
7,170
25,712
4,797
2,528
38,185
4,265
6,519

4,962
84,858
5,864
7,336
10,210
6,499
1,887
2,142
4,041
5,566
5,912
2,520
6,357
4,0&9
1,460
16,327

6,350
29,835
5,53s
2,895
44,25s
4,427
6,667

4 ,6 l4
76,300
11,181
8,664
8,511
5,430
1,541
1,776
3,677
4,623
5,700

1,906

6,830
4,179
1,709
15,416
6,300
26,567
4,490
2,132
36,986

4,907
6,956

DISTRICT NO. 6 - ATLANTA
Albany, Ga.
Atlanta, Ga.
Augusta, Ga.
Birmingham, Ala.
Brunswick, Ga.
Chattanooga, Tern.
Columbus, Ga.
Dothan, Ala.
Elberton, Ga.
Jackson, Miss.
Jacksonville, Fla.
Knoxville, Tenn.
Macon, Ga.
Meridian, Miss.
Mobile, Ala.
Montg ornery, A1 a.
Nashville, Tenn.
Newnan, Ga.
New Orleans, La.
Pensacola, Fla.
Savannah, Ga.
Tampa, Fla.
Valdosta, Ga.
Vicksburg, Miss.

C.




862
29,525
5,463
22,945
645
6,894
2,147
678

150
2,900
13,977
6,558
3,930
2,191
5,526
4,251
15,140
267
69,149
1,735
8,783
7,453
1,631

872
32,957
6,597
26,505
64 b
9,469

1,058
29 ,117
8,024

25,528
617
7,439

2.8S9

683
250
3,600
14,283
7,378
4,513
2,727
6,481
5,67S
17,075
372
94,444
1,688
10,984
S,773
955
1,936

2f 4

213
3,779
11,478
6,747
3,865
2,03S
7,274
4,654
14,603
412
72,188
1,300
9.891
6,690
1,134
2,184

DEBITS TO INDIVIDUAL ACCOUNTS BY BANKS IN REPORTING CENTERS------------- S t . 396Q.£

Feb. 27, 1924

IT e e k e n d i n g
Feb. 20, 1924

_
Jteb. 28, 1923

(In thousands o f d o lla rs)
DISTRICT NO. 7 - CHICAGO
.

(X

Adrian, Mich,
Aurora, II 1 Bay City, Mich.
Bloanington, 111*
Cedar Rapids, Iowa
Chicago, 111.
Danville, 111.
Davenport, Iowa
Decatur, 111.
Des Moines, Iowa
D etroit, Mich.
Dubuque, Iowa
F lin t, Mich.
Fort Wayne, Ind.
Gary, Ind.
Grand Rapids, Mich.
Green Bay, Wis.
H m , Ind..
am ond
Ind ianapo1i s , Ind.
Jackson, Mich.
Kalamazoo, Mich.
Lansing, Mich.
Mason C ity, Iowa
Milwaukee, Wis.
Moline* i l l *
Muscatine, Iowa
Oshkosh, Wis.
Peoria, 111.
Rockford, 111.
Saginaw, Mich.
Sioux City, Iowa
South Bend, Ind.
S pringfield, 111.
Terre Haute, Ind.
Waterloo, Iowa

669
2,512
2,3^2

2,275
5,166
576,101
3,070

5.081

2,918
14,882
174,098
3,067
6.933
8.933
4,455
13,5^0

2,228
3,818
33,667
4,579
4,386
7*2l6

1,822
56,753
1,528
946
2,300
8,742
5,054
5,7^8

15,217
7,880
5,914
6,380
3,325

295

3,577
2.593
2,563
6,571
+
730,925
3,500
7,274
3,587
13,137
173,532
3,760
8,040
10*205
2,871
16,040
2,659
3,570
37 , 779
5.594
4,358
8,844
2,492
70,550
1,708
1,483
2,900
10,439
5,740
5,259
17,456
10,147
7,258
5,356
3.865

621
3,196
1,927
3,357
5,320
1 , 010,107

3,200
9,^35
3,364
15,063
1 5 1 ,^ 2
3,236

7,322
2,752
4,223
13.729
2,283
2,970
43.679
4,244
4,036
6,900
2,337
57,339
l,6 ? 7
1,083
2,300
9,140
4,306
5,216
16,562
7,509
6,727
6,377
3,^90

DISTRICT NO. 8 - ST. LOUIS

r

East St. Louis and
Nat*1 Stock Yards, 111.
Eldorado, Ark.
Evansville, Ind.
Fort Smith, Ark.
G reenville, Miss.
Helena, Ark.
L it tle Rock, Ark.
L ou isv ille, Ky.
Memphis, Tenn.
Owensboro, Ky.
Quincy, 111.
St. Louis, Mo.
Sedalia, Mo.
S pringfield, Mo.




9,029
1,525
6,786
2,4 o4
751
835
1 2 ,174
32,479
26,134
1,098
1.931
+
127,073
814
2,489

8,661
1 , 6606,800
3,152
988

1,100
14,325
42,210
35,119
1,752
2,327
156,143

2,565

10,463
2, 703
1,15*+

1,317
15,400
33,717
31,159
1,482
2,330
136,726

813

2,728

3,090

DEBITS TO INDIVIDUAL ACCOUNTS BY BAbigS IN REPORTING CENTERS

W e e k.

Feb. 27

1924

S t.

39bOd

e n d i n ft

Feb. 20, 1924

Feb. 28, 1923

(In thousands c f d o lla rs)
DISTRICT NO. 9 - MINNEAPOLIS
Aberdeen, S. D.
B illin g s, Mont.
Dickinson, N D.
»
Duluth, Minn.
Fargo, N. D.
Grand Forks, N. D.
Helena, Mont.
Jamestown, N. D.
La Crosse, Vis.
Minneapolis, Minn.
Minot, N. D,
Red Ving, Minn.
St. Paul, Minn.
Sioux F a lls, S. D,
South St. Paul, Minn.
Superior, V is.
Vinona, Minn.

928
1,153
254
11,092
1,998
1,156
1,888
288
2,196
59,935
667
398
30,983
2 ,l6 0
5>9^6
1,591
804

1,171
2,087
241
14,392
2,469
1,663

1,928

416
2,148
77,154
995
447
42,113
2,430
6,290
1,957
1,095

1,142
1,883
295
13,417
2,232
2,255
387
2,692

60,283

1,008
395
34,922
3, *77
1,682
969

DISTRICT NO. 10 - KANSAS CITY
Atchison, Kans.
B a r tle s v ille , Okla.
Casper, fy o .
Cheyenne, Vyo.
Colorado Springs, Colo»
Denver, Colo.
Enid, Okla*
Fremont, Neb.
Grand Junction, Colo.
Guthrie, Okla.
Hutchinson, Kans.
Independence, Kans.
Joplin, Mo.
Kansas City, Kans,
Kansas C ity, Mo.
Lawrence, Kans.
Lincoln, Neb.
McAlester, Okla.
Ifaskogee, Qkla.
Oklahoma City, Okla.
Okmulgee, Okla.
Omaha, Neb.
Pars ons, Kans.
Pittsburg, Kans.
Pueblo, Colo.
St. Joseph, Mo.
Topeka, Kans.
Tulsa, Okla.
V ichita, Kans.




l,4o6
1 »76 S
2 , 86l
1,579
2,506
35*823
2,113
571
531
543
2,000
1,823
3,082
4,352
64,383
784
4,685
9*1
2 ,584
12,570
1,455
38,950
483
1,515
5,947
12,656
3,057
18,005
7,9*8

1.368
2,107
3.059
1,800
3,324
35,842
2,545
723
550
853
2.368
1,958
3.625
4,616
76,79*
1.059
6,425
1,234

3,010
16 ,087
1,93*

4 5 , 56s
626
1,230
4.625
13,045
3,465
19,036
9,004

1,348
2,99*

3,540
4 ,11 3
2,603
36,900
3,013
985
563
711
3,175
2,237
3 , 45 s
4,056
74,855
1,181
1,030
16,118
2,315
46,153
808
1,677
2,916
16,796
3,835
26,778
12,290

DEBITS TO INDIVIDUAL ACCOUNTS' BY BANKS IN REPORTING- CENTERS

We e k
Feb. 27, 1924

S t. 3960e

e-n d i-n g

Feb. 20, 1924

Feb. SB, 1923

(In thousands o f d o lla r s )
DISTRICT NO. 11 - DALLAS
Albuquerque, N. M
Aust in, Tex.
Beaumont, Tex.
Corsicana, Tex.
Dallas, Tex.
El Paso, Tex.
Ft. Worth, Tex.
Galveston, Tex.
Houston, Tex.
Roswell, N, M
.
San Antonio, Tex.
Shreveport, La.
Texarkana, Tex.
Tucson, Ariz.
Waco, Tex.

1,811
4,526
2,217
1,567
35,165
7,437
12,225
6,497
25,393
S03
6,373
7,888
1,588
1,8 60
3,860

2,352
5,406
4,824
2,157
44,649
8,673
17,095
11,370
33,280
• 745
8,380
9,664
1,999
1,755
4,346

2,092
3,569
3,150
1,281
41,485
7,024
26,200
17,364
23,851
422
5,573
8,000
2,157
1,490
3,468

1,878
1,620
3,137
1,899
2,407
6,367
12,807
169,660
25,860
4,572
7,493
4,400
31,746
1,430
123
15,417
U,37S
1,413
10,258
159 , 679
3,942
2,907
35,498
9,158
4,175
7,643
2,029

2,323
1,227
4,370
2,207
2,745
8,130
14,708
216,710
32,906
4,962
9,290
5,230
40,583
2,039
173
9,920
14,638
1,937
4 ,990

2,812
1,494
3,171
2,868
1,860
11,058
14,147
145,527
33,445
6 ,687
6,822
3,921
30,242
1,557
94
9,631
13,708
1,455
10,752
170,627
5,095

3,169
39,120
11,262
5,420
9,574
2,33S

33,144
9,003
4,135
7,418
1,702

DISTRICT NO. 12 - SAN FRANCISCO
B akersfield, C a lif.
Bellingham, Wash.
Berkeley, C a lif.
Boise, Idaho
Eugene, Ore.
Fresno, C a lif.
Long Beach, C a lif.
Los Angeles, C a lif.
Oakland, C a lif.
Ogden, Utah
Pasadena, C a lif.
Phoenix, Ariz.
Portland, Ore.
Reno, Nev.
R itz v ille , Wash.
Sacramento, C a lif.
Salt Lake City, Utah
San Bernardino, C a lif.
San Diego, C a lif.
San Francisco, C a lif,
San Jose, C a lif.
Santa Barbara, C a lif.
Seattle, Wash.
Spokane, Wash.
Stockton, C a lif.
Tacoma, Wash,
Yakima, Wash.




12,880

215,470

—