View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

STATEMENT FOR THE PRESS

Released for publication
Sunday corning, May 14;
not earlier.

2779
Federal Rese.rve*Board,
May ^
V$2Z.
BANK DEBITS.

Volume of business for the week ending May 10 was $ 8 ,796,000,000, marking a
^ >
199j000,GOO, or about 12 per cent, from the exceptionally large total
O ^ > 92 *000,000 reported for the precoding week which saw a heavy volume of trad­
'>
ing on the stock exchange and the settlement of end-of-month obligations. Smaller
totals are reported for all the leading centers.
As compared with the week ending May 11, 1921, the volume of business for the
week was larS®r by $1,297,000,000, or about 17 per cent. About 95 per cent
of this increase wasshown for New York City alone where the volume of business was
a ? 3r
^ argSI/r
!
year before, while for the other centers the increase amounted to only about $ 60, 000, 000, or less than 2 per cent.
*
of business is measured by debits to individual accounts reported
to the Federal Reserve Board for banks in clearing house centers. The number of
centers reporting this week is 2* 5 , of which 165 are included in the summary by
Federal reserve districts.
^

DEBITS TO INDIVIDUAL ACCOUFTS BY 3AKKS IN REPORTING CENTERS
SUMMARY BY FEDERAL BESERVE DISTRICTS
Federal
Number of
?eek ending
Reserve
centers
May 10, 1922
May 3, 1922
District
May 11, 1921
included
No» 1
2
3
4
5.

Boston
New York
Philadelphia
Cleveland
Richmond
6 Atlanta
7 Chicago
8 St. Louis
9 Minneapolis
10 Kansas City
11 Dallas
12 San Francisco
TOTAL

14
7
13
13

11
15
24
S

12
16
12
20
I 65

(In thousands of dollars)
482,548
442,598
5,830,383
3,951,005
420,407
3*5,818
473,546
431,816
230,978
192,062
168,525
191,460
171,501
902,332
1,124,701
838,983
205,050
200,226
222,793
120,490
143,130
126,236
237,163
245,449
229,508
124,344
129,256
131,268
452,324
500,264
43 8,304

tea,238
5,126,930
371,294
4o4,g46
193,369

£,79.6,095

9,994,915

REPORTING CENTERS BY FEDERAL RESERVE DISTRICTS
(In thousands of dollars)
DISTRICT No. 1 - BOSTON
Bangor, Me.
3,127
3,299
Boston, Mass.
290,984
333,375
Brockton, Mass.
4 ,059
4,635
Fall River, Mass.
6,350
6,504
Hartford, Conn.
20,629
23,904
Holyoke, Mass.
3,015
3,289
Lowell, Mass.
4,574
4,629
Lynn, Mass.
5,219
5,752
Manchester, N. H.
3,988
4,225
New Bedford, Mass.
5,693
6,195
New Haven, Conn.
16,859
17,741
Portland, Me.
7,868
8,302
Providence, R. I.
29,649
35,608
Springfield, Mass,
13,938
13,15^
Waterbury, Conn.
5,930
7,281
■Worcester, Mass.
13,634
15,042



7,499,335

3,668
309,765
5.464

19,289
2,847

4,336
4.465
5,327
16,544
7,l4o

31,181
12,769
5,430
14,373

?ERS
DEBITS TO INDIVIDUAL, ACCOUNTS BY BANKS IN REPORTING CENG

St. 2779a

Week ending

May 10, 1922

....

May 11, 1921

May 3» 1922

(In thousands of dollars)
DISTRICT No- 2 - HEW YORK
Albany, N. Y.
Binghamton, N» Y.
Buffalo, N. Y.
Elmira, N, Y.
Jamestown, N. Y.
Montclair, N. J.
Newark, N, J ,
New York, N. Y.
No. New Jersey Clearing
House Association
Passaic, N. J .
Rochester, N. Y.
Stamford, Conn.
Syracuse, N. Y.
DISTRICT No. 3 - PHILADELPHIA
Allentown, Pa.
Altoona, Pa.
Camden, N. J .
Chester, Pa.
Harrisburg, Pa.
Hazleton, Pa.
Johnstown, Pa.
Lancaster, Pa.
Lebanon, Pa.
Norristown, Pa.
Philadelphia, Pa.
Reading, Pa.
Scranton, Pa.
Trenton, N. J .
Wilkes-Barre, Pa.
Williamsport, Pa.
Wilmington, Del.
York, Pa.
DISTRICT No. 4 - CLEVELAND
Al^ron, Ohio
Butler, Pa.
Canton, Ohio
Cincinnati, Ohio
Cleveland, Ohio
Columbus, Ohi o
Connellsville, Pa.
Dayton, Ohio
Erie, Pa.
Greensburg, Pa.
Homestead, Pa.
Lexington, Ky.
.Lima, Ohio
Lorain, Ohio
New Brighton, Pa.
Oil City, Pa.
Pittsburgh, Pa.
Springfield, Ohio
Toledo, Ohio
Warren, Ohio
Wheeling, W. Va.
Youngstown, Ohio
Zanesville, Ohio




2, 66s

49,192
5,056,477

5,673,S06

30,081
3,691

3S.632
4,257
61,107
3,243
3,649
2,875

20,3^9
4 ,4 8 2

57,935
3,097
3.73S

30,42S
5,710

29,026
2,537

12,891
5 , SOI
2 , 9Q0

53,446
-

66,878
•36,483

•

*
3,819,830
-

5,810

5,023

32,39S
2,730
14,373

25,025

6,701

-

13,909

2,896

11,235
3,901
7,427

3,165
10,535
7,750
7,604
2,480

4 , 39s

4,44l

5,200

5,160
4,579

7,567
4 ,3 Q1

4,624
1,376
815
331,495
7 , 86s
13.5SS
11,943
S.5S5
4,595

3,765

4,372

4,053
7,264
3,555

11,282

13,898

16,534

2,490
7,352
62,827
104,465

2,641

-

1,966

5,142

1,271
739
291,927
7,525

12,326
12,280

7,612

29,369
1,037

9,846
5,999
3,921
886
4,211

2,966
996
2,064
3,331
144,944
3 ,724

33,51S

1,896

9,618

8,675
66,933
123,967
30,042
1,115
13,148
6,356
5,092
979*
4,548
3,133
957
2,115
3,700
179,322
3,884
32,813

5,.817
-

•
-

263,674
8,920
17,267
10,234

8,001

56,392
125,S37
25,46 q
-

11,955
6,035
3,316
-

3,884
-

2,328
158,775
3,939
-

12,169

8,858

2,591
9,210
13,446

6,957
10,395

2,233

2,473

-

DEBITS TO INDIVIDUAL ACCOUNTS BY DJUCrS IN REPORTING CENTERS
Week ending

s t . 2779b

May 3, 1922
| May 1 1 , 1921
.... . ........
(In thousands of dollars)

May 10, 1922
DISTRICT No. 5 - RICHMOND
Asheville, N. C.
Baltimore, Md,
Charleston, S. C.
Charleston, W. Va.
Charlotte, N. C.
Columbia, S. C.
Cumberland, Mi,
Danville, Va,
Greensboro, N. C.
Greenville, S., C.
Hagerstown, Mi.
' 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.
DISTRICT No. 6 - ATLANTA
Albany, Ga.
Atlanta, Ga.
Augusta, Ga.
Birmingham, Ala.
Brunswick, Ga.
Chattanooga, Tenn,
Columbus, Ga.
Cordele, Ga.
Dothan, Ala.
Elberton, Ga.
Jackson, Miss.
Jacksonville, Fla.
Knoxville, Tenn.
Macon, Ga.
Meridian, .Miss.
Mobile, Ala.
Montgomery, Ala.
N ashvilleTenn.
. Newnan, Ga.
New Orleans, La.
Pensacola, Fla.
Savannah, Ga.
Tampa, Fla.
Valdosta, Ga.
Vicksburg, Miss.




4,393
79,517

6,200
6 , 01+0
5,620
4,513

2,019
1,903

2.691
2,890

2,244
4,214
4,510
1,549
15,32^

3,900
23,620
4,802
1,822
43,5^6
4,025

4,206

j

4,293
97,343
6,599
6,4ll

8,349

5,492
2,137
1.S31
3,964
3,379

1,993
4,287
3,856
1,651
17 ,840
4,500
27,169
5,067
1,932 •
50,737
5,283
11,664

780

960

23,683
5,401

28,917

15,850
631
6,112

17,777

2,200

222
490
279

2,328
12,373

5,307

3,418

1,836
5,256
3,274
14,570
337
55,354
1,354

6,010
510
6,507
2,432
251.
51 s .
237 .
1,825
15,750'
6,075
. 4,017
2,077
6,804 ■
3,951
15,159

3,049
-

5,315
~
-

12,190
4,400
23,571
36,781
4,855
-

22,864
4,045
12,771
7,717
10,942

6,276
3,902
5,972
5,442
20,552

306

6,124

59,704
1,791
10,144
7,574

899
1,249

1,280

9,200

86,387
5,468
5,067
M 79
-

51,531
1,446

10,005
6,676

892
1,360

DEBITS TO I INDIVIDUAL ACCOUNTS BY BANKS IN REPORTING CENTERS
St.2779c.
____________________ Week ending _
May 10. 1922
May 3. 1Q22
May 11, 1921
(in thousands of dollars)
DISTRICT No. 7 - CHICAGO
Adrian, Mich.
723
502
Aurora, 111.
2,875
2,671
Bay City, Mich.
2,437
* 2,340
2,216
Bloomington, 1 1 1 .
1,949
2,402
2,031
Cedar Rapids, Iowa
5,19S
5,032
9,532
Chicago, 1 1 1 .
579,331
774,930
549,396
Danville, 1 1 1 .
2,700
2,500
Davenport, Iowa
7 .S 21
2,169
7,286
Decatur, 1 1 1 .
2,955
3,490
2,970
Des Moines, Iowa
16,552
16,320
18,773
Detroit, Mich.
107,645
122,096
82,556
Dubuque, Iowa
3,105
2, G
90
2,915
Flint, Mich.
6,060
6,905
4,359
Fort Wayne, Ind.
6,S07
7,543
6,657
Gary, Ind.
2,129
3,720
Grand Rapids, Mich.
16,672
14,273
14,577
Indianapolis, Ind.
34,147
29,792
33,483
Jackson, Mich.
3,620
4,279
3,064
Kalamazoo, Mich.
3,991
4,588
3, SOI
Lansing, Mich.
6,001
7,023
5,018
Mason City, Iowa
2,414
2,719
Milwaukee, Wis.
52,350
58,306
49,517
Moline, 111.
2 , 13s
3,301
2,052
Muscatine, • Iowa
1,492
1,150
Oshkosh, Wis.
2*011
2,400
Peoria, 111.
9,431
9,999
8,488
Rockford, 111.
M 71
5,741
5,587
Sioux City, Iowa
14,858
18,729
8,234
South Bend, Ind.
8 >637
5,379
6,676
Springfield, 111.
5,068
6,4l4
5,249
Waterloo, Iowa
3,257
3,556
2,451
DISTRICT No. 8 - ST. LOUIS
East St. Louis and
Nat’ l. Stock Yards, 1 1 1 ,
Evansville, Ind.
Greenville, Miss.
Helena, Ark.
Little Rock, Ark.
Louisville, Ky.
Memphis, Tenn.
Owensboro, Ky.
Qjiincy, 1 1 1 .
St. Louis, Mo.
Springfield, Mo.
DISTRICT No'. 9 - MINNEAPOLIS
Aberdeen, S. D,
Billings, Mont.
Dickinson, N, D.
Duluth., Minn.
Fargo, N. -D
Grand Forks, N. D.
Great Falls, Mont.
Helena, Mont.
Jamestown, N. D.
Lewis town, Mont.
Minneapolis, Minn.
Minot, N. D.
Redwing, Minn.
St. Paul, Minn.
Sioux Falls, S. D.
Superior,' Wis.
Winona, Minn,

10,276
7,015
969

947
9,400
30,233
27,552
1,151

2,093
118,527

2,954
1,245
1,477
222
17,745
2,595
l,46l
1,298
2,468

505
721
61,160
730
436
(*24,691)30,239

8,913
6,157

858
S90
8,934
34,448
22,801
1,105
2,640

9,554
29,752

21,497

135,969
2,931

2,523
120,871
2,525

1,242
1,646

1,376
1,788

271
19,361
3,030
1,560
1,322
2,335

14,574
2,837
1,146
1,646
2,051

408

751
70,996
771
465

3,475

(*35,406)41,734
3,646

1,851
1,024

1,666
920

♦Debits of banks which submitted reports in 1921.



8,740
4,764

63,700
30,054
3,900
2,130
1,034

IfflfclTS

to i k d i v i p u a :

ACCOUNTS BY BASKS IN REPORTING CENTERS
?eek ending______
May 10* l « M

DISTRICT No. 10 - KANSAS CITY
Atchison, Kans.
Bartlesville, Okla.
Casper, Wyo.
Cheyenne, Wyo.
Colorado Springs, Colo.
Denver, Colo.
Fremont, Neb.
Grand Island, Neb.
Grand Junction, Colo.
Guthrie, Okla.
Hutchinson, Kans.
Independence, Kans.
Joplin, Mo.
Kansas City, Kans.
Kansas City, Mo.
Lawrence, Kans.
McAlester, Okla.
Muskogee, Okla.
Oklahoma City, Okla.
Okmulgee, Okla.
Omaha, Neb.
Parsons, Kans.
Pittsburg, Kans.
Ptteblo, Colo.
St. Joseph, Mo,
Topeka, Kans.
Tulsa, Okla.
Wichita, Kans.
. DISTRICT No. 11 - DALLAS
Albuquerque, N. M,
Austin, 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.




May

3, 1922

St,2?79d

May 11, 1521

(In thousands of dollars)

1,317
2,579
3,129
1.430
2,639
32,159
s i?
1,267
715

546

2,464
1,756

2,368
>136
65,154
950

924
5,237
2i , 4oi
1,738
46,985
786
1,100
4,150

1,240

3,059
3,901

1,177
2,060

1,993
2,695
33.75S
860
1 ,1 3 5
5S3
535
2,309
2,403
2,365
3,527
65,246
1,129
793

2,004
2,447
29>942

5,243
20,374
1,627
45,515
335
1,022

4 ,109
21,156
1
42,221
-

3,021

-

'

1,999
3,387
66,827
:

i| 239

14,414
3,801

15,650
3,050

14, 630
’
3,302

18,552

28,929
9,784

20,549

1 1 *691
2,012

2,500

3,748

2,920
3,243
sol
33,138
6,949
24,944
12,641
25.359
546
5,754
7,785

32,027
7,622
17,650
22 757
'23,931

l& *

1^504

3.094

995
30,257
7,203
23,918
12,449
23,500
544
6,559
7,630
1>172

3*°6S

f.275
3,225

8,959

3,491
3,415

6,583
7,146

1,935
3.207

DEBITS TO INDIVIDUAL ACCOUNTS BY BAjJFS IN REPORTING CENTERS
Week ending
May 10, 1922

May 3, 1922

St.2779e.

May 11, 1921

(In thousands of dollars)
DISTRICT WO. 12 - SAN FRANCISCO
Bakersfield, C alif.
Bellingham, Wash.
Berkeley, C alif.
Boise, Ida.
Eugene, Ore*
Fresno, Calif.
I-ong Beach, C alif.
Los Angeles, Calif,
Oakland, Calif.
Ogden, Utah
Pasadena, C alif.
Fhosnix, Ariz.
Portland, Ore.
Reno, Nev.
F.itzville, Fash.
Sacramento, C alif.
Salt Lake City, Utah
San Bernardino, Calif.
San Diego, Calif.
San Francisco, C alif.
San Jose, C alif.
Seattle, , T
Fash.
Spokane, ”T
asli.
Stockton, C alif.
Tacoma, Vlash.
Yakima, "'ash.




2,622
1,424
6,430

2,638
1,743
9*382
7,177
109,547
2 2 , 11 ^
5,436

3 , 3^2
1,495
3,284

3,707

2,382

2,638

1,637

9,369
7,298

9,851

124,836
22,574
4,437

95,721

6,426

5,524

5 , 00?
28,279
2 , ISb

4,095
30,374

32,739

2,244

2,52S

170

164
14,200
13,129

12,621
12,876

6, 30a

17,729
13,193
1,400
9,488

5,267
22,171
2,854

1,500
9,485

8,207

152,021
4,603

185,157
4,725

161,559
4 , 17s

30,52/

32,640

30,775

9,^58
5,074

10,255
4,179
9,72 1
2,919

9,669
4,635
8,502

7,785
2,351

2,042