Full text of G.6 Bank Debits and Deposit Turnover : May 14, 1922
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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