Full text of G.6 Bank Debits and Deposit Turnover : May 4, 1919

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£
Released for publication Sunday iaorning May 4,

St, 363

1919; not earlier.

PRESS STATEIvIElTT.
Hay 3,

1919

Below is given the Fe.deral Reserve Board's regular weekly statement of total
debits to deposit account, reported through the Federal Reserve banks by about 150
of the country1s more icpojrtant clearing houses. Transactions cover the weekly
periods ending Wednesday April .23 and April 39.
Aggregate debits to individual a-f.count were about 7 P®r cent larger than the
week before, the gains reported by the New York and Chicago banks more than ac­
counting for the total increase of about 474 millions shown. Exceptionally heavy
ttading in the New York stock market ?pparently is the lafcgest single factor re­
sponsible for the large increase in the volume of check transactions shown.
Another factor of importance in swelling the volume of debits to individual ac­
count is the increase in interest and dividend checks coincident with the close of
the month.
Total debits to bank account show a slight decline for the week. Eor
New York City an increase of only 12 millions in debits to bank account is shown
as against an increase of 456 millions in debits to individual account.
For
Chicago an increase of 26*5millions in debits to individual account is shown
alongside of a decrease of 23 >2 millions in debits to bank account.
The statement closes with a recapitulation giving comparative figures by re­
serve districts for 150 centers reporting complete data for both weeks. Figures
of reporting clearing houses by Federal Reserve districts are as follows;
Debits to Banks' and
Debits to individual
Bankers1 Account
Account____ ’
April 30 i: April 23 : April 30
April 23
(In thousands of dollars.)
L.

BOSTON
Bangor
Boston
Fall River
Hartford
Holyoke
Lowell
New Bedford
New Haven
Providence
Springfield
Waterbury
Worcester

2. NEW YORK
Albany
Binghamton
Buffalo
New York
Passaic
Rochester
Syracuse
PHILADELPHIA
Altoona
Chester
Harrisburg
Johnstown
Lancaster
Philadelphia
Reading
Scranton
Trenton
Wilkesbarre
Williamsport
Wilmington

York


2.379
219,335
5,326
19,3 lU

2,439

3,526

6,510
14,758
32,146
9,369
5,920

12,274

2,294

221,3 so
6j4 o
is,792
2,646
4,365
6,255

15,007
29,511
12J3S
5.5SS
12,017

23,621
22,SSS
3 , 92s
3,232
60 , 39s v 56,733
3,66 s ,54 o £ , 130,527
3,291
3,255
23,451
24,739
12,162
12,651
2,361

2,539

3,719
3,864
2,744
4 ,504
275,049
3,859

^,091

11,052

s .503
5,237
3,491
9,255
3,483

4,500

3,212
4,325
275,981
3,520
12v &76
9,058
6,952
3 ,H 2
9,164
1,355

305
173,199
315

315

167,625
. 297

1,339
517

1,339

360
357
295
. 1,436
317
432
1,234

393
320
854
1,67^
291
53S
1,193

11,23^

15,814

10,937
1,507,762

628

11,784
1, 513,821
293
462
545

326

24

336

532

l
213

206
303 , 1©

691

6

188
42

308,547

114
1,146

1,830
173
76
891

720

731

1,752

292

St.

Debits to Individual
;
______ Account___________ :
jVpril 2^

—
4.

CLEVELAND
Akron
Cincinnati
Cleveland
Columbus
Dayton
Erie

Greensburg, Pa
Lexington
Oil City

Pittsburgh
Springfield
Toledo
Wheeling
Youngstown
RICHMOND

Baltimore

Acrp I 30

Debits to Banks’ and
Bankers* Account

:

April 23__ :

April 30

(In thousands of dollars.)

12* 1' 5
45,337
124,736
26 , 8 .1.0
5 >87'+
6,013

1>
>+5,379
126,974
20,73.6
10,152
5,9o0

1,7^8
4,501
2sS9S
175,173
2,489
25,3.06
7,627

fr^O
4,410
2*390
171,517

9,4o8

-

2^)14
7,381
r

r

628
57

r(/2,533
302,804
o’ hCi
2,^61
6,44o

.36,297

94,022
4,848
6U7

57
~„
2 210
277,^58
8 , 112

5,840

1, +92
t c q<7p

j>3,J>^-0
3 , 165

Norfolk
Raleigh

5,386
18,577
5,400

16,792
7,800

2,875
23,287
3,200

W
19.7^
8,600

Richmond

2 3 ,856

2 0 ,6 6 5

5 0 ,0 8 1

4 9 ,3 77

2 3 ,9 0 7
6 ,2 76
1 0 ,0 31

2 6 ,0 0 1
2 ,5 1 2
6 ,1 6 9

7,205
1 0 ,111

4 ,8o4
8,781
1»560
10,172
906

23,778
2,3.29
5,652
3,765

ATLANTA
Atlanta
Augusta
Birmingham
Chattanooga
Jacksonville
Knoxville
Macon
Mobile
Montgomery
Hashville
New Orleans
Pensacola
Savannah
Tampa
Vicksburg

73,071

39?273
lju,6i7
5>%l°

69,5^5
6 .995.

Charleston
Charlotte
Columbia
Columbia

6.

:

"

363 a

7,147
5,100

2 2 ]8S4

5,500
5,2S3

.

5,833
1 1,0 5 5

8,426
8,982
5,448
5,483
6,093
4,427
22,009
53,073
1,748
11,481
4,946
1,613

-

5,654
6,129
4,066
18,^43
55,861

1,919

H ,099
4,i6o
1,718

9,500

1,149

l6,4oS
34,704
740

7,838
3,110
51

p ’ llIlo
7 *Ann

7,600

q'gRg
9,858
S04
1,010

3°>979
785
6 , bSb
3,241

103

CHICAGO

Bay City
Blomington
Cedar Hapids
Chicago
Davenport
Decatur
Be s Moine s
Detroit
Dubuque
Flint
Fort Wayne
Grand Rapids
Indianapolis
Jackson
Kalamazoo
Lansing
Milwaukee
Peoria
Rockford
Sioux City
South Bend
Springfield
Waterloo, Iowa




2,370
2,970
^ ,7 %
558,079
6,933
3 ,3 14
18,050
106,7171
2,302

8,766
4,570
14,279
28,295
3 >566
3,326
4,313
44,244
9>7 IS
3,820
13,421
2,863
4,750
3,238

f,l75
3,0fe
584,085
6,992
3,42.4
17,118

0

3

2,342
5,615
5,140
17,63 0
27,470
3,457
2,974
’5 ^
45,344
10>793
4,209
15,433
3,174
5,6l4
3,425

350

j™
9>276
579,328
1,880

526
33,714
50,570
1>3Ug
31|
2,049
4,011
24,064

15
541
199
28,463
2,^0^

375
11,522

1,719
i >Si 5
1,151

397
1,105
555,987
645
\\ >|99
^6,794
1,351
36
1,931
2,118
23,060
77
474

^8

28,985
2,08^
292
13,429
2,091

*
-3~

:

8,

9*

ST. LOUIS,
Evansville
Little Rock
Louisville
Memphi s
St, Louis

126,023
1,489

2,036
23,944.

2,636
1,202
2,197
2,175




1,270
2 ,3.66
28,728
1,218

2.522

2,596

6,000
33-589
24,422

117,926

994
994
3,765
2,279

973
3,894

1,129

196
1,050

1,998

903

905

1,085
2^601

64i
4,172
824
22,879
4l4

3,044
3,301

87,161
3,095
12,713
52,694
3,592
19,679
4,286

2,309

30,074
2,605

3,461
87,312
3,224

4,634
162, 887

11,059

8,980
56,710
945

46,758
2,825

19,960
4,742

16,672
8,567

20,209

1,460
• 2,646
3,592
31,472

919
2,890
4,i4i
30,599
7,500

6,052
16,385

6,011
26, £13
5,420
4,811
1,223
1,705
2,495

8,799

1,093

3,287
3,149

68,603

1,716

2,534

969

2,811
3,339
65,775

35,126
167

32,069

l P704
4 }2?4
34,324
25,741

118,692

1,831
70,377
3 4 , i.!6 s

913
2,166

(a)

5JH
6,542
3 2 ; 195
24,640
123,950

67,017
30,912
928

10. KANSAS CITY
Atchi son
Bartlesville, Okla
Colorado Springs
Denver
Joplin
Kansas City, Kan.
Kansas City. Mo,
Muskogee, Okla,
Oklahcma Ci ty
Omaha
Pueblo
St. Joseph
Topeka
Tulsa
’7ichi ta
11< DALLAS
Albuquerque
Austin
Beaumont
Dallas
El Paso
Fort Worth
Galveston
Houston
San Anto*nio
Shrevepoort
Texarks;ana
Tucsoj?
T/aco

Debits to Banks' and
Debits to Individual
Bankers1 Acc oun t
Account
April 23 : April 30
Apri1 23 : April 30
(In thousands of dollars.)
3-994
7,363
34.527
32,253

MINNEAPOLIS
Aberdeen
Billings
giu.luth
Par go
Grand Forks
Great Falls
He lena
Minneapolis
St, Paul
Superior
Winona

st,363-b

1,924

15,964
1,664

8,494
12,493

16,009
6,032
26,612

3 ,,949
1,936
545
44,947
7,930
35,762
4,584
44,oo4

5,203

3,153

(a) 6,4oo
1,333

318

1,909
2,650

1,463
1,554

4o,302

680
4,504
821

21,100
530
5,654
174,805

2,065
8,864

62,289
875
15,413
1,719
9,041

13,092
6,358

2,052
389
4s , 663
8 , 15s
33,892
5,095
46,725
3,770
325
1,593

1,569

:
;
:

12, SAN FRANCISCO

Boise
Fre sno
Long Beach
Lcs Angeles
Oakland
Ogden
Pasadena
Portland
Reno
Sacramento
Salt Lake City
San Diego
San Francisco
San Jose
Seattle
Spokane
Stockton
Tacoma
Yakima

: Debits to Banks' and
Debits ho Indi vi dual
:
Bankers1 Account.
Acc;C ITVt
: Anri 1 23 : April 30
April 23 : ,A:g?;}. X ’:*0
(In thousarids of do 1lar s *)
2,401
5*
3248

2 j22*!■

5^26
2J 29
65 . 15b
12,53^
4 (b'3f)
3 i05?
>41,958
2,299
9,017
lU.q'i?.
3 i37-1

j

67,070
”].i1. r ;
X
u;ii 5
3 . 059

K-j■

37,136
2,633

12,000

lW-,143* " > *■
"
1^,083
3,589
37,892

131,^90

3,332
4 l,297
8, 9^0
4,88b
12,34?

2,298

8,380

.

3,801
9-392
2 ,155

4,738
2,946
67

5,952

3,219
.
31
4-2,337
2,581
6,080

43,892
2,900
5,271

108
23,774

111
26,818

2,901
4,000
16,932

1,713
4,363

16,760
328
98, 800
1,970

99,H 2
1 , 584

22,268

18.957
7,693
2,984
8,722
223

7,185

2,892
6,829
21

Recapitulation showing figures for centers reporting both weeks.
Federal
Reserve
District

1 . Boston
2 * New York
3*
4.
5.
6.
7*
8.
910 .
li.
12.

:Nuuiber of:
: centers :
:included :

Phi lade Iphia
Cleveland
Richmond
Atlanta
Chicago
St . Loui s
Minneapolis
Kansas City
Dallas
San—Francisco
>
----Grand Total

\12

7

!13
12
■
7
15
;23
5

10

15
13IS

150

Debits to Individual ;
Account
:
April 23 ; April 30 :

333,736
3 , 796,679
337,121
429,112
138,537
173,501
85!!■
,64-7 204, 162
B 3 ,398
252,48b
109,1*85..... .^6.0. 07g
7,132,502

333,994
4,252,787
342,085
423,404
I32 . 63O
171,^*5

Debits to Banks' and
Bankers1 Account
April 23 : April 30

180,156

1,531,429
307,953
471,315
125,4-28
124,005
756.449
880,152
193 , 038
185 ,'299
115,005
144,999
303,625
2^7,023
150,145
112,197
17;->fb^2.... ?49,3i4

J7^

7 , 606,782

4,501,023

176,530
1,54-2,719
312 , 50s
433,527
128,253
114,569
733,190
183,969

123,516
321,452
158,589

m^2Q ]

.... 2

4 ,476 , 242

(a) Figures comprise debits to individual account as well as to banks' and bank­
ers' account.