Full text of G.6 Bank Debits and Deposit Turnover : May 30, 1920

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STATEMENT FOB THE PRESS
Eelep.sed for publication Sunday
mo:’x>i.ng, May 30, 1320; mot
‘earlier
BASK DEBITS

St.llSo
Federal Reserve Board
May 29, 1920.

Below is given the Federal Reserve Board's weekly statement of debits to
individual account reported through the Federal Reserve Banks by over I 50 of
the^ country*s more important clearing houses. Transactions cover the weekly
periods ending Wednesday, May 26 and 19 of the present year and May 2S, 1313*
The statement closes with a recapitulation giving comparative figures by re­
serve districts for cities reporting complete data for the three weeks under
review.
Reports from 152 clearing houses in leading cities show a total of 9»155*5
millions of debits to individual account, a decrease of 130-1 millions from
the total shown the week before. With the exception of New York City, Pittsourgh and New Orleans, all the larger centers show substantial reductions in
bank transactions for the week, the decrease for the 151 places outside of
New York City being over 7 per cent. As compared with corresponding figures
for last year the Jew York total for the week under review shows but little
change, as against an increase of about 25 per cent for the remaining cities.
For the 21 weeks the cumulative tot^.1 for New York City, 102,366 millions,
was about 20 per cent larger than in 1919» while the corresponding total for
IU7 other centers, 37,144-7 T.illions, was 28 per cent larger than last year.

DEBITS TO INDIVIDUAL ACCOUNT AT CLfJiRING HOUSE BANKS
Week ending
. May. 2.6 ,.. I 92O T.May 19, 192c
May 2 8 ,
(in thousands of dollars)
DISTRICT No. 1 - BOSTON
Bangor
3,530
Boston
310,634
Fall Riyer
11,231
Hartford
22,
Holyoke
Lowell
Manchester
New Bedford
9,211
New Haven
18,786
Portland
8 , 003
Providence
Springfield
Waterbury
7,187
Worcester
1 8,
3 , 8 3 7

2 , 4 1 9

3 l 8 , c 4 o

2 5 7 , 5 8 9

1 0 . , 0 6 4

24.,

5 4 7

4 , 4 9 0

6 , 2 4 s

4

, 8

1 9 1 9

7 9

7 , 7 6 s

5 0 9

1 7 , 2 3 2

4 , 8 3 5

2 , 8 3 9

7 , 0 2 2

4

, 7

2

s

5 . 1 9 4

1

1

, 4

3

0

2

0

, 3

3

7

6 , l 4 s

1

4

, 6 0 6

8 , 6 9 4

4 o , o 6 s

4 5 , 7 6 2

1 7 , o 4 i

1 9

, 9

6

2 8 , 5 8 0

6

9 , 4 3 9

8 , 7 7 1

7 4 0

DISTRICT No. 2 - NEW YORK
Albany
Binghamton
Buffalo
New York
Pas sai c
Rochester
Syracuse
DISTRICT No. 3 - PHILADELPHIA
Altoona
Chester
Harri sburg
Johnstown
Lancaster
Philadelphia
Reading
Scranton
Trenton
Wilkes-Barre
Williamsport
Wilmington
York



24, 858

2 1 , 9 9 1

1

2

2

4 , 8 3 6

75,224
4 , 6 7 0 , 0 3 9

2

, 0

4

, 9 0 s

7 2
4

, 5

1

5

, 0

5 s

5

4

, 4 9 s

4

, 6

6

, 1

2

5

4

, 2

3

1

0

/ 7 2

6

3

, 0

7

9

5

6

, 5

1

5

0

0

, 3 9

3

5 , 6 5 2

6 , 2 0 7

3 1 , 9 6 9

3 5 , 2 9 8

2

1 9 , 7 0 9

1 1 , 7 0 7

1 7 , 7 1 8

3 , 2 8 0
3 , 8

6

8

3 , 4 o o

3 , 4 8 5

3 , 0 6 l

5 , 3 7 5

5 , 6 s s

^ , 4 5 4

3 , 5 1 9

3 , 8 4 6

4 , 4 7 8

4 , 3 1 0

3 , 9 3 8

3 , 0 0 9

5 , 9 0 2

3 0 2 , 3 2 9

5 . 9 5 2

4 , 6 9 2

3 7 8 , 6 9 3

3 0 2 , 3 4 9

4 , 9 7 2

5 . 9 0 5

1 6 , 2 3 7

1

12,695

1

8,945

3 , 9 7 8

8,

256

4 , 3 2 7

2

, 5 1 4

4

, 1

7

6

3 , 0 4 2
1 2 , 1 7 4
8 , 8 7 2

8 , l 4 o

6 , 4 o 6

3 , 6 0 9

3 . 7 8 4

8 , 4 7 4

4 , 9 2 6

7 , 9 0 1
3

, 1

6

8

St.llS6a
DEBITS TO INDIVIDUAL ACCOUNT AT CLEARING HOUSE BALKS
Week ending
#
*
<
May 19, 1920 1 May 28, 1919
May 2b, 1920
(In thousands of dollars)
DISTRICT No., 4 - CLEVELAND
18,829
Akron
32,752
BO, 223
47,652
Cincinnati
67,385
Cleveland
176,820
126,875
Colunbus
29,388
25.295
26,155
12,011
Dayton
11,852
12,135
7,oS7
8,064
5.534
Erie
2,654
Greensburg
u, 635
5.317
4,384
Lexington
5,203
K 607
Oil City
2,426
2,813
3,267
Pittsburgh
154,206
215,482
18b,193
Springfield
3,207
3.3S9
3,393
Toledo
22,223
30, 529
44,777
Wheeling
7,982
7,161
g,33 s
Youngstown
12,046
13,92^
11,567
DISTRICT No. 5 - RICHMOND
102,873
70,202
Baltimore
113,920
Charleston
11,980
9,975
S.233
9,564
Charlotte
10,510
5 ,3 °°
Columbia
6,612
8,832
s, 553
qo,t>o3
Norfolk
20,091
18,715
Raleigh
3,500
3,572
Ri chmond
23,864
19,394
27,957
1 6 3 , 1 * 6

4 , s c o

DISTRICT No. 6 - ATLANTA
Atlanta
Angus ta
Birmingham
Chattanooga
Jacksonville
Knoxville
Macon
Mobile
Montgomery
Nashville
New Orleans
Pensacola
Savannah
Tampa
Vicksburg
DISTRICT No. 7 - CHICAGO
Bay Si ty
Bloomington
Cedar Rapids
Chicago'
Davenport
Decatur
Dss Moines
Detroit
Dubuque
Flint
Ft. Wayne
Grand Rapids
Indianapolis
Jackson
Kalamazoo
Lansing
Milwaukee
Peoria
Rockf ord
Sioux City
South Bend
Springfield
Waterloo




30,569
9,936

17,836
11,900
1 ^, 175
6 , 4 s 4

8, 283
8

, 8 6 6

5 , 0

0

0

2 7 , 8 0 3
8 1 ,

816

2,236
16,368
5 , 8

1

3

37,323
1

7 , ^

6

8

14,359
15,233
8,633
9.577
5,285
27,556
80,372
2

, 7 8

0

1 7 , 6 4 1
7 , 0

6

3,529
2,73 s
7,639
711,303

3.447
2,800
7,436
745,406
8,473
4,121
22,776

37,241
3 . U 0 1

5,153

6,865
63 , 61+9
10,685
6,242

16,302
6,327
4, 112
3,966

9 , 4 9 2

10,086
4 , 8 4 7

6,745
6,574
3 , 8 3 8

20,741
70,091
1,851
16,312

1

2,060

8,253

8 , 1 7 9

12,115

7 , 4 6 2

1,^96

4,103
19, 181
136,126
3 , 35 s
7,901
7 ,213
22,179

23,221

8,976

^ , 9 8 3

1,SS3
2,585
2

, 0

5

s

5 .S 36
565,200
6,549
2,903
1

6

, 8 9

s

169,916

110,764

3,897
12,171

6,5SS

2,005

8,612

5,234

23,531
44,253
5.813
5,197
7,29S
74,400
11,324
' 6,391
17,698
5.733
6,379
4,371

15,488

28,726
4,201
3,002
4,864
4 6 , 2 7 9

10,092
4,254
15.^91
3,101
*+,239
2,790

st.ns6c.
♦

DEBITS TO INDIVIDUAL ACCOUNT AT CLEARING HOUSE BANKS
Week ending
May 26, 1920 | May 19, 1920 | May 28, 1919
(In thousands of dollars)
DISTRICT No. 12 - SAN FRANCISCO
Berkeley
2,392
5.17?
2.483
Boise
2,244
3,249
Fresno
4,960
12,435
12,359
Long Beach
2,603
4,015
5.395
Los Angeles
62,340
96,272
36,256
Oakland
20,477
23,386
13,131
Ogden
3,308
4,4il
2,791
Pasadena
2,722
6,415
5.520
Portland
47,162
35,84o
41,029
Reno
2,467
2,598
2,863
Sacramento
10,552
11,149
12,077
Salt Lake City
17,110
16 , 99s
13.655
San Diego
4,664
3,504
9,129
San Francisco
223,314
146,409
216,133
San Jose
5,784
5,034
3,299
Seattle
44,572
52.707
45>855
Spokane
9,310
12,462
14,217
Stockton
5.202
4,237
5,719
Tacoira
13,047
11,073
11,329
Yakirra
2,047
3,411
3,064

Federal
Reserve
Bank
No. 1
2
3
*
5
6
7
S
5

RECAPITULATION BY FEDERAL RESERVE DISTRICTS
Number of
Week ending
centers
included
May 26, 1920
May 19, 1920

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis

12
7

330,982

156,288

113,690

525,626

550,297

382,5*0

9,155,^66

9,345,592

3,195,591

4 , 330,296

1C Kansas City
11 Dallas

334,245
533,504
179,012
243,531
1,093,066
•223,657
163,242
304 ,544
144,930

12 San Francisco

19

152

TOTAL




May 23, 1919
371,705
4,719,563
367,390
444,226
132,028
200,958
869,147
193,815
137,378
262,646

469,713

14
7
15
23
5
11
14
12

13

496,564
4,675,732
■459,3^6
594,542
193,090
261,736
1,201,499
253,385

-

'

166,581

•

St.1186b
DEBITS TO INDIVIDUAL ACCOUNT AT CLEARING HOUSE BANKS
Week ending
May 26, 1920 1 May 197"1920 T~May 28, 1319
(In thousands of dollars)
DISTRICT No. 8 - ST. LOUIS
4,582
5,6l6
5,090
Evansville
6,79 s
10,447
Little Rock
.7,273
33,200
36,465
Louisville
3U,o99
25,039
34,504
Memphi s
29,651
124,196
166,853
St. Louis
146,244
DISTRICT No. 9 - MINNEAPOLIS
Aberdeen
Billings
Duluth
Fargo
Grand Forks
Great Falls
Helena
Minneapolis
St, Paul
Sioux Falls
Superior
Winona
DISTRICT No. 10 - KANSAS CITY
Atchison
Bartlesville
Cheyenne
Colorado Springs
Denver
Joplin
Kansas City, Kan.
Kansas City, Mo.
Muskogee
Oklahoma Ci ty
Omaha
Pubelo
St. Joseph
Topeka
Tulsa
Wi chi ta
DISTRICT No. 11 - DALLAS
Albuquerque
Austin
Beaumont
Dallas
El Paso
Ft. Worth
Galveston
Houston
San Antonio
Shreveport
Texarkana
Tucson
Waco




1,643
2,237
22,75S
3 ,5 3 3
1,772
2,142
2,025
90,065
33» 882
6,488

1,904
2,192
22,824
3,619
1,82b
1,909
2,527

92,625

1,712
1,925

17,984
5,919
1,422
2,297
1,904

66,878

2,077

33,946
7,961
. 2,015

35,682

1,108

1,194

939

558
4, 288
1, 705

615
3,096
1,815

2,931

3,s46
3,932
91,738
5,536
23,818

56,012
3, S19
20.388
5; 481
26,898
11,u68

1,654
3,079
4,467
37,704

11.015
2 4 ,S68
8 ,6c4
3 V. 4'. 0
8; 409
11,755
2,040
1, 814
3,650

3 ,h 4
43,433
3,942
3,369
97,843

5,009

23,598

75,067
4,969
18,546
6,087

28,215

1,216

2,313

31,632

2,645
2,687
83,727

3,360
12,112
62,487
4,119
19,235
4,093
21,237

14,694

10,068

2,020
3,441
5 , 06b
42,081
11,111
24,983

1,382
2,770
3,497
30,980
7,432
18,884
5*959
30,385

9,266

39,14.9

8,450
10,151
2,525
2,130
4,365

5,677
1,734
1,685
3,305