Full text of G.6 Bank Debits and Deposit Turnover : May 18, 1919

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Released for publication Sunday morning May 18, 1919, not earlier.

St 388 c.

PRESS STATEMENT
May 17, 1919*
Below is given the Federal Reserve Board's regular weekly statement of total
debits to deposit account, reported through the Federal Reserve banks by about 150
of the country’ s more important clearing houses. Transactions cover the weekly
periods ending Wednesday May 7 and May l4, 1919 .
Aggregate debits to individual account for the week were about 6 per cent
larger than for the immediately preceding week and the largest for any week since
January 22 of the present year. This large weekly total may be due in part to
payments received by the banksfrcm the public on account of subscriptions to the
Victory loan, in part also to heavy withdrawals of government deposits from
depositary institutions. It is but 'proper to add that the increase shown for the
New York banks alone is in excess of the total increase shown, foost of the
districts and larger cities reporting smaller total debits to individual account
than for the week ending May 7 * Debits to bank account show a decline of nearly
100 millions for the week, the New York City "
and district totals, among
others, being below corresponding totals for the immediately preceding week.
The statement closes with a recapitulation giving comparative figures by
reserve districts for 134 centers reporting co&piete data for both weeks. Figures
for reporting clearing houses by Federal Reserve districts are as follows:
Debits to banks * and bankers*
Debits to individual
Account
' Account_______
May l4
i
May l4 "
May 7
May 7
(In thousands of dollars.)

1.

2.

BOSTON
Bangor
Boston
Fall River
Hartford
Holyoke
Lowe 11
New Bedford
New Haven
Providence
Springfield
Waterbary
Worcester
NEW'YORK
Albany
Binghamton
Buffalo
New York
Passaic
Rochester
Syracuse

3 ♦ PHILADELPHIA
Altoona
Chester
Harrisburg
Johnstown
Lancaster
Philadelphia
Reading
Scranton
Trenton
Wilkesbarre
Williamsport
Wi Imington
York



3,156
2^5,267
8,676
22,906
2,757
4,774
6,286

16,186

27,284
13,359

5,857
12,957
27,679

3,308
57,300
4,075,444
3,644
27,449
14,292
3,104
4, 285
4,370
3 , 4o4
4,573
298,083
4,047
10,339
9,073
6,901
4,133
9,907
3,744

3,354
245,172

8,689
20,799

2,026

4,072

6,492
16,579
33,517
I3,6l4
6,714
15,753
22,336
3,392
55,526

668,252
3,627

24,718

11,913
2,980

163,566

1,656
666
1,196
200

442

594
l,4o6
442

1,644
224

10,901

11,612

8,869
1,671,583

419
538
598

3,206

156
62
328,180

•4,859
12,384
9,790

166
515

660
1,308

32
5

5,059

419
1,955

568
1,238

4,393
4,527

296,010

396

330
188,425
573

11,024

1 , 601,231
327
521
602

2
12
160
1?5
337,842

1,910

6,611
3 , 86o

1,932
309
79

1,070

171
95
1,231

8,555
3,299

1,137

694

St.388a

-2-

Debits to Individual
: Debits to Banks* and
_______Account_____ _____ :_______ Bankers1 Account
May 7
:
May l4 ~ ;
May 7
:
May lT
(in thousands of dollars.)
4.

CLEVELAND

Akron
Cincinnati
Cleveland
Columbus
Dayton
Erie
Greensburg, pa#
Lexington
Oil City
Pittsburgh
Springfield
Toledo
Wheeling
Youngstown
5*

RICHMOND
Baltimore
Charle ston
Charlotte
Columbia
Norfolk
Raleigh
Richmond

IS,056
51,968
139,576
24, 26s

11,117
5,869
2,176
4,913

3,063

143,64s

2,671
27,430
7,674

12,400

7 < CHICAGO
Bay City
Bloomington
Cedar Rapids
Chicago
Davenport
Decatur
Dos Moines
Detroit
Dubuque
Flint
Ft. Wayne
Grand Rapi ds •
Indianapolis
Jackson
Kalamazoo
Lansing
Milwaukee
peoria
Rockford
Sioux City
South Bend
Springfield

Waterloo,
Iowa


129,950

166
39,615
108,400

95
37,765

5,167
731
73

5,057

3,110

2,900
2 >753,
270,893
2,112
8,917

24,694
10.S14

6,252

89,212
513
77

2,575

4,930
3,028
150,524
2,941

2,557
286, 09s

1,986
9,715
5,510
963

26,572
7,994
12,424

81,709

78,666

9,352
5,4 oo
6 , 50s
21,852

5.600
6,627

7,857
18,477

34,643
3,984
s,4oo
4 ,452
24,479

5,992

810

36,053

2,018
9,30°
9,64s
21,514

21,281

20,732

2,700
4s, 170

2,700
51 , io4

24,333.

23,798

25,939

25,792
^,434
4,278
4,299
9,700
1,59?
11,634
1 , l4l
80S
17,337
34,774

4,100

6 . ATLANTA

Atlanta
Augusta
Birmingham
Chattanooga
Jacksonville
Knoxville
Macon
Mobile
Montgomery
Nashville
New Orleans
Pensacola
Savannah
Tampa
Vi cksburg

20,427

49,745

6,910
14,037

10,029
11,781

5,791

6,382
6,595

4,901
20,701
63,082
2,149

12,483
5,710
1,733

2 , 600
2,636
6,994
640,575

8,052
4,138

17,091
100,875
2,244
9,379
• 5,677
14,395
24,q4i
3 , 6s6
3,427

3.600

6,503
12,545

9,029
11,134
5,333
6,481

6,870

4,274

22,323

55,411
2,465

11,751

5,387
i,so4

2,456
2,762
5,636
574,933
5,889
3.391
18,760
111,422

2,329

5,126

3,522
4,837
17,030
3 l ,3 H
3,557
3,107
4,345

12,205

13,020

58,072
5,240

12, 1S 1
3.*S54
5,859
3,763

52,262
4,304
17,035

2,918
2,526
3.391

4,985
4,563
4,989
9,525

1,312
11,415
1,049
974
18,658
33,192
864
9,159
3,720

887
8,067
3,539

147

129

514
986

388
626

8,127

8,546
595,082

2,500

2,693
586

623,277
679
37,792
49,424
1,437

26

2,140
4,673
20,940
,

402

220
35,3,17
2,199
158
21,065
2,184
2,067
1,307

36,84s
46,352

1,260
22
2,767
4,274

27,206
S3
514

122
33,875
1,774

192
15,442

1,905

l,o46
1,480

1

I

1------- !T7

1

r

St-388b

-3-

Debits to Banks' a n d Bankers'
Debits to Individual
Account______________
______ Account_____
May 14
May 7
May 7
May 14
(In thousands of dollars.)
S.

ST. LOUIS
Evansvilie
Little Rock
Louisville
Memphi s
St.Louis
MINNEAPOLIS
Aberdeen
Billings
Duluth
Fargo
Grand Forks
Great Falla
He lena
Minneapolis
St. Paxil
Superior
TIinona

10,

11 .

KANSAS CITY
Atchi son
Bartlesville, Okla.
Colorado Springs
Denver
Joplin
Kansas City, Kan
Kansas City, Mo.
Muskogee, Okla.
Oklahoma City
Omaha
Pueblo
St. Joseph
Topeka
Tulsa
Wichita
DALLAS
Albuq.uergue
Austin
Beaumont
Dallas
El Paso
Ft. Worth
Galveston
Houston
San Antonio
Shreveport
Texarkana
Tucson
Waco




5,285

8,902
33,575
27,089
122,549

1,823,
2,464
19,693
1,392
1,814

3,336
2,522
79,013
29,919
2,272

4,746
7,953
35,353
26,314
120,255

1,926
2,360
22,517
2 ,6 i 4
1,817
2,871
2,561
75,751
2,04s

1,038

1,145

1,168
2,339

2,890

1,055

105,666

3,291
3^,313
2,964
3,034
56,525

2,833
13,287

11,740

2,603
35,313
2,772
3,509

55,216
4,637
21,276
388

17,470

3,116

59vi^7
5,192

21,495
^,766

20,621

ll,s 6s

9,792

1,772
4,362

1,491

3,616
31,813

7,192
18,359
7,710
30 , l46
(a) 7,854
5,700
1,291
1,787
2,345

3,863
3,631
29,534
7,447
18,948

5,571

26,420
(a) 7,196
5,672
1,818
l, 66l
2,750

130,986

2,817
7,013
33,683
23,325
124,683

94s

1,167

1,960
5,952
39, % 4
21,425

988

4,010
1,325

1,123
6,616
2,865

76,411
4 i ,85S
188

1,306
4,757
2,367
l,04q
4,714
3,331
68,936
180

934

970

590
2,660
87 s
23,970

2,824
998
26,575

533
5,429
159,707
1,804
9,245
64,646
715
17,055
1,664,
S,59^
11,819

4,6562,j +33

465
51,903

8,765
38,266
5,864

47,172
3,620

341
1,457
2,044

652

622
4,768
207,636
.2,460
9,590
S&JSD
847
16,481
1,819
8,59^
12,770

4,430
2 , 282
390
49,868
9,146
46,340
5,803
49,io4
3,

1,361
1,638

|

l

*

I

---- f--

4

St. 382c

Debits to Individual
Account
May
12,

Si® FRMCISCO
Berkeley
Boise
Fresno
Long Beach
Los Angeles
OaklandOgden
Pasadena
Portland
Reno
Sacramento
Salt Lake City
San Diego
San Francisco
San Jose
Seattle
Spokane
Stockton
Tacoma
Yakima

7

*

:

:

Debits to Banks' and Bankers'
Account_________ ■

May l4
;
May 7
(In thousands of dollars)
446
5,718

2,44-9
2,642

2,216

6,102

6,209

2,922

3,225

3,527
64 ,340
13,421
4,002

31
44,716
2,763
5,597

75,656
13,981-

4,097

2,774

i

May l4

502

5,384
3,365
46
44,274
3,202

5,666
154

23,597
2,357
4,224

22,595
2,352

l4,s45

5,094
4i ,314
2,366
12,423
15,049

17,601

6,515

5,309

376

17,225

159,257

165,527

3,966
46,975

2,606
12,669

3,262

37,5^2
9,891
5,793

10,361
2,163

3,501

269

107,229
1,787

5,750
422
. 114,539

1,672
23,121
8,152

11,597

23,700
6,202
2,335

4,025

12,314

9,097

2,170

316

194

47,212
6,090

2,031

Recapitulation showing figures; for centers r eporting both weeks.
Federal
Reserve
District
1. Boston
2 • New York
3 • Philadelphia
4. Cleveland
5 . Richmond
0 . Atlanta
7. Chicago
S. St* Louis
9* Minneapolis
10,Kansas City
1 1 .Dali as
IS.San Francisco
GRAND TOTAL

; Number of :
: icent er s :
:
:

12
7
13
i4
1

15
23
5

10

15
13

Debits to Individual ' i ' ' Debits'to 'Banks' axri.
:
Bankers' Account .
Account
May l4
:
May
l4
:
May
7 5
May 7

369,465
4,209,116
365,963
454,229

150,202
I 96 ,617
953 ,010

376,781

197,294

4 , 729,764

1 ,692,902

365,533

332,962
464 ,091

l4l,559

126,222
130,491

452,270
125,102
890,743
194,621
115,610

197,400
115,367
224,345

239,941

123,947

116,002

817,523

171,394
1,625,317
342,312

427,096
132,337
129,412
783,023

199,757
95,402

191,521

309,309 '

363,016

20

424,609

427,175

166,926
262,609

15U

7,844,270

8,295,707

4 , 796,166

82,777
174,756
270,731
4,699,758

(a) Figures conprise debits to individual accoimt as well as to banks' and bankers*
account.