Full text of G.6 Bank Debits and Deposit Turnover : May 22, 1921
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^ Released, for publication. Sunday morning, May 22 ; not earlier. STATEMENT FOR TEE PRESS st .1991 Federal Reserve Board ’ May 21, 1921. B A M DEBITS Volume of "business, as measured by debits to individual accounts reported by banks in 151 important Clearing House centers, show a 17 per cent increase from $7,220,000,000 for the week ending May 11 to $ 8,490,000,000 for the week ending May IS . larger weekly figures are shown for all the leading centers, the increases being relatively largest in Detroit and New York City. As compared with the correspending week in 1920, debits for the week end ing May IS show a decline of about $795,000,000, or of less than 9 per cent, compared with a decline of over 20 per cent for the immediately preceding week and of 15 per cent for the week ending May 4 . DEBITS TO INDIVIDUAL ACCOUNTS AT CLEARING HOUSE BANKS SUMMARY BY FEDERAL RESERVE DISTRICTS Federal Nunber of Week ending Reserve centers May IS, 1921 May 11, 1921 District May 19, 1920 included (in thousands of dollars) " ~ No. 1 Boston 14 , 423,147 371,723 510,452 2 New York 7 U.769 , ilU 3,951,005 4,675,732 3 Philadelphia 10 3S5.S37 325,921 445,657 4 Cleveland 13 4 4 6 , 54s 402,23 7 527,157 5 Richmond 6149,150 137,662 193,290 6 Atlanta 15 176,474 171,501 261,726 7 Chicago 22 964,083 831,682 1 , 195,120 S, S t . Louis 5 194,058 166,109 253,885 9 Minneapolis 12 134,627 126,236 174,542 10 Kansas City 15 237,441 228,331 332,797 11 Dallas 134,202 132,142 164,738 13 12 San Francisco 19 474,873 435,726 550,297 TOTAL 151 8,490,254 7,280,275 9,285,453 REPORTING CENTERS BY FEDERAL RESERVE DISTRICTS (In thousands of dollars) DISTRICT No» 1 - BOSTON Bangor 3,4l5 3,668 3,837 Boston (*277,142) 350,881 (* 238, 890) 309,765 318 , o4o Fall River 5,4ll 5.464 10,064 Hartford 22,818 . 24,509 19,289 Holyoke 2 ,803 2,847 4,835 Lowell 5,380 4,336 7,022 Manchester 4,842 4.465 5,194 New Bedford 6,686 5,327 11,430 New Haven 17,532 16,544 20,337 Portland 7 ,726 7 , l4o 8,694 Providence 3 4 ,4s6 31,181 45,762 Springfield 13,656 12,769 19 ,966 Waterbury 5,550 5.430 8,771 Worcester 15,700 14,373 21 ,991 DISTRICT No. 2 - NEW YORK Albany Binghamton Buffalo New York Passaic lioC h e s t e r Syracuse 4s,339 4,292 61,621 4,605,558 5 ,% 9 29,392 l 4 , 533 30,081 22,058 3,691 4,908 53,446 3 , 819,830 5,023 25,025 72,054 4, 515,498 6,207 35 , 29s 19,709 13,909 ♦Debits of banks which suhnitted reports in 1920. > DEBITS TO INDIVIDUAL ACCOUNTS AT CLEARING HOUSE BANKS St ,1991aWeek ending May 18, 1921 I May 11 May 19.. 1920 (In thousands of dollars) DISTRICT No. 3 - PHILADELPHIA Altoona Che star Harri#s"burg Johnstown Lancaster P h ila d e lp h ia Reading Scranton Trenton W ilkes-Barre W illiam sport Wilmington York DISTRICT No ■4 CLEVELAND Akron C in cin n ati Cleveland Columbus Dayton Erie Grecnsbarg Lexington O il C ity P itts b u r g h S p r in g fie ld Toledo • R eeling Youngstown DISTRICT No RICHMOND Baltimore Charl 3 ston Charlotte Columbia G r e e n v ille , S. C. Huntington N orfolk R aleigh Richmond. Washington 7'i Iming ton DISTRICT No, 6 - ATLANTA A tla n ta Augus ta Birmingham Chattanooga J a c k s o n v ille K n o x v ille T.lacon "o b ile Montgomery N a s h v ille New Orleans Pen saco l a Savannah Tampa Vicksburg 3,524 4,792 6,545 4,649 5,071 320,858 8,089 13,613 11,500 5,160 5,952 378,693. 8,920 17,267 10,234 12 , 5-i4 8,001 4,053 7,264 3,555 16,389 16,534 56,392 125, $57 25 ,46° U .9 5 5 6,035 3,316 3,884 137,134 27 , 806 11 979 6,459 4,407 3,768 2,597 186,620 3.566 25,764 8.567 11,492 95,458 5,151 5.851 5,361 3,363 5,042 13 , l4g 24,181 37,704 4, 646 26,069 4,961 15,313 8,390 . 11,230 5,729 3 , 77 6 5,785 3,464 19,335 53 , 63 7 1,976 9.851 5,736 1,222 5,688 4,579 263,674 9,352 4, i4s 8,378 4,601 66,560 3,485 -.896 4,393 5,817 2,328 158,775 3,939 14,176 8, l4o . 3,609 8,474 4 ,926 32.752 17b, 820 29,388 12,135 8,064 5,317 5,209 3,267 186,193 26,813 6,957 io,395 3,20? 44 , 777 7,982 12 , o46 86,387 113,920 5,468 11,980 5,067 4,979 10 , 510 8,832 3,049 5,315 12,190 20,091 4,4oo 23 , 571 36,781 4, 855 4, S00 27,957 22,864 4 , o 45 12,771 7,717 10,942 37,323 8, 976 17,468 14,359 15,233 7,462 8,633 9,577 6,276 3,902 5,972 5,442 20,552 51,531 1,446 10,005 6,676 1,360 5,285 27,556 80,372 2,780 17,64i 7,06l 2,060 DEBITS TO INDIVIDUAL ACCOUNTS •AT CLEARING HOUSE BANKS St. 1991b, Week ending May 18. 1921 May 1 1 . 1921 May .19. 1920 (In thousands of dollars) DISTRICT No. 7 - CHICAGO Bay City 2,475 2,216 3 , 1*47 Bloomington 2„002 2,031 2,800 Cedar Rapids 10,3 96 9,532 7,436 Chicago 593,36s 5^ 9,396 745, 4o6 Davenport 5,903 7,286 8,473 Decatur 2,933 2,970 4,121 Des Koine s 16 . 727 lg)773 22, 776 Detroit 163, bkS S2 , 556 169,916 Dubuque 2,S25 2,915 3,297 Flint 5,170 4,359 12,171 F t . Wayne 7,15^ 6,657 8, 612 . Gr and Rapids 13,653 16,672 23,581 Indianapolis 32,488 33,^83 44,253 Jackson 3,o64 5,813 Kalamazoo M g 3,801 5,197 Lansing M 7b 5)018 7,298 Hi Iwauke e 5b,3o4 49,517 74,4oo . Mo lift© 2,278 2,052 Peoria 3.515 8,488 11,324 Rockford Sioux City 7’! ^ 5' 5E7 6’ 331 7.9^3 8,234 17,698 South Bend 6 .676 5,739 Springfield,111. 5,367 5,249 Waterloo 2,791 2,451 4,371 DISTRICT No. 8 - ST. LOUIS East St. Louis and ttat!l. Stock Yards Evansville Little Rock Louisville (*26,184) Mempbis Quincy St- Louis (*131,^15) Springfield, Mo. DISTRICT No. 9 - MINNEAPOLIS Aberdeen Billings Duluth Fargo Grand Forks Gre^t Falls Helena Minneapolis St. Paul Sioux Fal'lsSup-jr ior Winona 9,425 5, 525 • 3,970 33,646 21,964 , 2',768 2P 145 2,756 8 ,7 ^ M 64 9,55^ (* 22 , 785) 29,752 21,497 4,200 2.056 776 10,447 36,465 34,504 ■ 2,523 (*107,509) 120,871 166,853 2,525 1,454 1,793 15,754 2, 824 1.055 1,753 2,018 71,831 29,113 5,616 1,376 l,9o4 1.788 2,192 22, 824 1*+, 574 2.337 1 . 1^6 1,646 ,2,05 1 63 ,700 ' 30,054 3,900 2,130 1 , 03^ 3,619 1,226 1 909 2,527 92,625 .33,946 7,961 2,015 1,194 )I STRICT No. 10 - KANSAS CITY Atchison 1,133 1,177 Bartlesville 2 ,^ 7 2,060 3,096 Che yenne 1,634 2,004 1,815 Colorado Springs 2,274 2,447 3,114 Denver 31,700 29, 9^2 ^3,433 Joplin 2,083 1,999 3,9^2 Kansas City, Kans. 3,^33 3,387 3,369 Kansas City, Mo. 73,636 66,827 97,843 Muskogee 4,501 4,109 5,009 Oklahoma City 13,137 21,156 23 , 598 •Ctaaha 42 , si4 42 ,221 75,067 Pue bio 3,969 ^,239 ^,969 St .Joseph 1^,976 l4 , 630 18,546 Topeka 2,79^ 3,802 6,087 Tulsa 22,172 20, 549 28, 215 Wichita 9,791 3, 959 14,694 *Debits of banks which submitted reports in 1920 . DEBITS TO -INDIVIDUAL ACCOUNTS AT CLEARING HOUSE BANKS St.-1991c- ___ ____________Week e n d i n g ___ ~May 18. 1921 T~~May 11, 1921 ~T "m£y 19.1920 (I n DI STRI CT N o . 11 - Dallas E l Paso F t . Wo r t h Galveston H o us t o n San A n t o n i o Shreveport Texas 12 of 1,619 874 2,759 3,125 35,394 7,926 18,410 18,732 24,795 7,031 7,827 3,*+9l 3,415 32,027 2,003 1,907 3,274 Waco DI S TRI CT N o . Berkeley Boise Er sno thousands 3 Los A n g e l e s Oakland Ogden Pasadena Portland Reno S ac r a me nt o S a l t Lake C i t y San D i e g o San F r a n c i s c o San J o s e S eattle 5,066 • 42,081 7,622 11,111 17,650 24,983 9,266 39,149 8,450 10,151 2,525 2,130 4,365 22,757 23,931 6,583 7,146 1 ,504 1,935 3,207 3,177 9,791 5,64o 99,070 2, 892 3 ,2 % 3,707 2,638 9,851 12,359 5,395 5,267 86,256 2,810 .5 ,5 1 0 34,783 95,721 22,171 2, 854 5,524 32,739 2,694 10,950 2,528 12,621 12,843 8,639 12, 876 8,207 16,998 8,504 195,622 161,859 4,352 4,178 32,447 1 1,1 8 1 228,314 5, 784 52, 707 14,217 5, 719 13,047 3 ,4 il 19,766 Tacoma. 8,902 30,775 9,669 4,635 8,502 Yakima 2,218 2 , o 42 2,020 3 .^ 1 SAN FRANCISCO Long B e a c h S po kan e Stockton dollars) DALLAS Albuquerque Austin Be aumont Texarkana, Tucson __ ____ 4,478 . 23,386 2,791 6,415 47,162 2,863 12,077