Full text of G.6 Bank Debits and Deposit Turnover : March 6, 1921
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STATEMENT FOR THE PRESS Released for publication S t .1227 Sunday morning, March 6 ; Federal Reserve Board not earlier. March 5> 1921. BANK DEBITS Aggregate debits to individual account, as reported by 155 the country's leading clearing hcuse centers for the week ending March 2, were 8,560 millions, compared with 6,472 millions for the week before, which included Washington's birthday. On the basis of daily averages, the totals for the-most recent week are a'cout 10 per cent above those for the preceding week, nearly all the leading centers reporting larger figures. As compared with the corresponding week in 1920, debits to individual account for the week under review are smaller by 1,780 millions, or about 17 per cent. Tne decrease for New York City alone was 744 millions, or about 14 per cent. DEBITS TO INDIVIDUAL ACCOUNT AT CLEARING HOUSE BANKS SUMMARY BY FEDERAL RESERVE DISTRICTS_________ Federal Week sndiry, Number of: centers : R3 serve March 2, 1921 : Feb. 23, 1921 : March 3, 1920 District included : (In thousands of dollars) 480,650 ',650 379.228 No. 1 Boston 12 297,596 5,34 s ,94 i 2 New York 7 3,235,403 4,597,594 3 Philadelphia 12 426.440 320,503 451,959 505,649 4 Cleveland l4 623,785 519,153 212,846 5 Richmond 7 164,078 129,807 212,916 169 , 66l 6 Atlanta 15 286,575 7 Chicago 23 1,297,871 772,115 1 ,025,033 268,130 182,902 8 St. Louis 5 196,949 186,912 102,096 142,144 9 Minneapolis 12 391,456 262,110 232,471 10 Kansas City l6 154,818 132.441 11 Dallas 13 133,928 635,664 501,520 12 San Francisco 19 389,770 TOTAL 155 8 , 559,606 6,471,901 10,339,607 REPORTING CENTERS BY FEDERAL RESERVE DISTRICTS (In thousands of dollars) DISTRICT No. 1 - BOSTON Bangor 3,725 2,836 2,873 318,885 Boston ( * 244, 069) 317,830 (* 192 , 631 ) 248, 934 . 6,154 5,282 8,923 pall River 16,082 Hartford 24,078 27,099 Holyoke 3,478 2,574 3,639 5 , 25s 4,124 3,669 Lowell Manchester 4,410 3,482 5,104 8,413 New Bedford 5,634 New Haven 13,732 19,617 20,791 7,687 7,366 Portland 38,998 Providence 32,626 27,053 1 1 , 9?2 14,422 20,623 Springfield 4,540 6,560 Waterbury 5,613 12,101 18,588 15,668 Worcester DISTRICT No. 2 - NEW YORK 25,140 18,712 Albany 27,881 3,244 Binghamton 3,953 3,912 Buffalo 67,136 71,309 51,819 3,122,242 5 , 190,718 4,446,818 New York 5,788 Passaic 4,510 3,743 35,098 Rochester . 32,969 23,797 14,368 11 * 846 Syracuse 16,935 ♦Debits of banks which submitted reports in 1920. .DEBITS TO INDIVIDUAL ACCOUNT AT CLEARINGHOUSE BASICS ST .1827a ending .March 2, 1921 : Feb. 23. IQ21__ : March 3. 192Q~ (In thousands of dollars) DISTRICT No. 3 - PHILADELPHIA Altoona 2,499 3,342 3,551 Chester 4,529 4,277 5,453 Harrisburg 7,150 4,550 4,529 Johnstown 5,247 4,305 4,391 Lancaster 4,276 5,035 5,S35 Philadelphia 348,095 376,931 247.37S Rsading 5,821 5,721 Scranton 16,194 13,260 13,743 Tronton 9,024 11,367 1 1 ,74i VilkdS-Barre 8,161 8,936 8,275 ’"illiamsport 4,454 4,l6o 3,549 Tilmin^ton 2,326 8,699 15,527 York 3,497 4, o n 3,235 DISTRICT No. 4 - CLEVELAND Akron Cincinnati Cleveland Columbus Dayton Erie ■ Greensburg Lexington Oil City Pittsburgh Springfield Toledo Wheeling Youngstown DISTRICT No. 5 - RICHMOND Baltimore Charleston Charlotte Columbia Greenville 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 l4,o4o 63,769 129,013 28,606 13,175 6,600 ' 5,063 7,173 3,224 196,472 4,64g 10,94o 51,491 97,524 21,725 11,145 5 ,H S 2,892 4,?25 2,613 256,926 25,063 3,443 21,350 9,109 13,131 6,669 8,955 100,436 73,854 6,729 5,600 5,211 5,302 3,501 5,655 14,679 3,900 27,372 36,868 ^,7S3 3,77S 25,345 74,867 185,425 22,356 14,657 7,690 5,121 15,022 2, £'31 195,414 5,905 33,777 9,^31 15,944 120,559 10,874 11,726 9,124 2,708 5,217 11,349 4,050 26,782 23,115 5,500 31,238 ^,961 29,862 201 25, 60I 22,163 5,325 4,937 17,750 16,026 9,742 '7,545 10,342 5,128 3,315 5,504 2,930 19,595 53,553 1.295 6,128 30,919 92,392 2,460 9,263 21,660 6,733 1,332 7,497 1,675 11,352 6,529 4,163 8,224 3,396 25,614 74,519 1.3S5 10,806 6,440 1,510 37,637 11,551 19,327 14,399 15,254 7,289 7,501 10,826 DEBITS-ffO INSIVinJAL^ACCOUNT AT CLEARING HOUSE MKKS ST.l£?7b snding _March 2 , 1921 : 'Fob. 21 192l' March 3. 1920 (In thousands of dollars) DISTRICT NO, 7 - CHICAGO Bay City 2,597 . 2,356 3,15S Bloomington 8,644 *,*75 2 ,1 9 5 Cedar Rapids c , 0u9 13,559 15,902 Chicago bb2,912 817,140 505,701 Davenport 10.651 15,641 5 ,8 2 3 Decatur 3,392 6,642 2,576 Des Moines 20, 299 35,516 lit, 707 ^otroit 119,045 84, 5; 4 15.5, p11 Dubuque 3,697 2,42b 4 ,4 b b Flint *+,71^+ 3,722 10,700 Ft, r 7ayne 7 , 96b 9 ,oS8 5 , 6si Grand Rapids 22,860 17.651 1 7 ,7 7 S Indianapolis 39,035 2 7 ,597 *5,747 Jackson 3,914 2,096 5,196 Kalamazoo 4 ,601 3 ,2 9 0 4,982 Lansing i +,917 3,630 5,995 Milwaukee 56 , 21s Ub,5£9 69,917 Moline 3,150 2,426 Peoria 10,108 7,070 13,^38 Rockford 5,750 4,350 7,750 Sioux City 14,170 10,349 13,745 Soutn Bend 4, 294 5,f95 5,3*9 Springfield, 1 1 1 . b , 635 4,265 6,833 T a;terloo 'T 2,202 2, 4bl 7,551 DISTRICT Mo. S - ST. LOUIS East St, Louis 9,15S Evansville 5,572 Little Rock 9,346 Louisville ( * 25 , 829 ) 33,’ gUo Mernphis 23,09 2 Ou incy 3 ,*206 St. Louis (* 132 , 610 ) 146 , 19 3 Springfield, Mo. 2 , 75? DISTRICT No. 9 - MINNEAPOLIS Aberdean Bill i n s r .-r th -l Fargo Grand Forks G ^c C .?all s r i- * Hoi d iti r Minneapolis St, Paul ■ Fiovx Falls Superior "'inona 7,35b 4,382 7,781 : 6,126 10 , 27s 42,197 4 c ,1 5 s (*5 3 ,37S) 59,065 1 C,006 2,047 (*59,323) 109 ,^39 169,371 2,5^7 l ,o 8 5 1,644 16,991 2, so6 1,240 1,634 2,515 1,572 2 ,b 29 19,611 1,400 10,953 2 , 211 821 3,052 . 2, 05s 1.12 6 73,222 4, SCO 1,9*4 2,217 2 , 634- 1,822 53,*90 22,753 3,600 2,012 920 52,612 1,051 CT No, 10 - KANSAS CITY Atchison l,4oc Bartlesville 3 ,5 3 0 Cheyenne 2 ,4 8 2 Colorado Springs 2 ,79b Denver 38,599 Joplin 2 , 2£o Kansas,City, Kans. 3 ,6 6 6 Kansas City, Mo. 74,204 Muskogee 6,742 Oklahoma City 20, CSC Omaha 44,750 Pueblo 3,743 St* Jos opn 16,335 Topeka 3,575 Tulsa 25,314 r'i chi ta 11,250 ' 9*,b92 4*,552 10,13* 2,162 1,299 986 326 4,430 3,024 2,478 1,532 2,508 3,936 52,718 26,987 1,727 3 ,ioi 60,649 4,191 18,321 ' 4,103 ' 4,123 100 , 6^2 b , t l6 > 19,591 37,382 103,754 3,044 4,009 15.390 24,590 3 , 16 s 8,512 40,36s 33,350 9,723 17,036 *De’ bits ♦Debits of banks which submitted reports in 1920 . i %' - - J i g I £ O P „ l ^ m i 4 L_4CC0UNT AT CLEARING HOUR? BAttys____________ g *, 1S£7o "'ick endins fegii-gxJLa2i._l_..Feb 23? 19 a ' : liar on V 1QPD (In thousands of dollars) DISTRICT No, 11 - DALLAS Albuquerque 2,093 1 535 ? O^S ^ ! tia , :f t 6|0 [ol ? $ J Beaumont 3,065 3,533 i k4 ^ ^ Xi aS S PS S° f, : ; '° ^ tn Galveston Houston San Antonio Snreveport Texarkana ?- ^°n dCQ 31,699 6,570 S ,202 -1 , 7 5 0 1> 6Us 3,213 ^ 91 ? en° f Sacramento _ 12,072 f°'v S 0kaf StocKton I*?™ a 23,162 9 glO 5 24 S 5)g20 3,330 6,571 41,175 n Lakj Clty Diago Francisco Jose + 24,100 I S ,I 3 U 27,135 .lo ,03 5 24,S 26 2° Pasadena Portland q San San San U3 ’ 2S0 9,981+ 7,706 23 ,£5o DISTRICT No. 12 - SAM FRANCISCO Bsrlcdlcy o 0” s^ Boise • t, f resnS v 9,934 Long Beach 5,355 Los Angeles 111,225 0 s r ° 31,121 6,405 1,214 1,3 SO " ■ 3,165 ^ 1 ,7 63 c 439 3,148 2 3,269 U 66o 84 ^ 0 3,007 U 901 ^ :i? o 4 972 7 oL 32,624 51,’*+27 1,802 9 , 1+ 86 1^,938 8,299 199,142 4 pg7 13,012 2,236 4,477 . 3.0 933 g 'J g 1 V opk 2 ’ 76° 3^,269 10 *919 5,221 7,66s ri'u $ ? ’ 627 9 , lS 6 ’ 2 825 ijg i 2,971 1 5 *59g 20)455 7,999 150,639 i (-«* 3,522 24,109 8,684 3,800 8 433 265*52 '3 r ’ ^-c b , 2S 6 50,55*5 13 6?C 6,419 13 *725 1,880 3 ’ 691 , 6 0?4