Full text of G.6 Bank Debits and Deposit Turnover : May 6, 1923

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statement f o r the pr ess

St.3497.
Federal Reserve Eoard
May. 5> 1923.

Released for publication
Sunday morning, May 6;
net earlier.
BANK CEBITS

Bank debits for the week ending May 2 totaled $11,051,000, 000, marking an in­
crease of $1 , 592 , 000, 000, or of l 6,8 per cent, over the total of $9,459,000,000 for
the preceding week,
The total for the report week is the largest since tns week
ending January 3 swd reflects the usual end- of-month sw-11 in the volume of daoits
to depositors' accounts. Larger figures are shorn for all the leading centers,
except Pittsburgh, Atlanta, Detroit, Portland and Seattle,
For New jork City tne
increase was $967 ,000, 000, or over 60 per cent of the total increase shown for the
week*
As compared •' ith the corresponding week for 1922 aggregate debits for the week
under review show an increase of $742,000<0C0, or of 7,2 per cent. An increase of
over 43 per cent is shown for Los Angeles and increases of over 30 per cent by
Detroit, Cleveland and Kansas City, Smaller relative increases are shown for all
other important centers, except New York City and V/ashington, D, C,
Debits to individual accounts are reported to the Federal Reserve Board for
banks in clearing house centers.
The total number of centers covered by this week^s
report is 252 , of which 243 are included in the summary by Federal reserve districts.
DEBITS TO INDIVIDUAL ACCOUNTS BY BANES IN REPORTING CENTERS
SUMMARY I I FEDERAL HESKTCS DI3VRICTS_____________________________
Week ending_______ .
Number 0i
Federal
centers
Reserve
May 3, 1922
Apr. 25, 1923
...May 2, 1923
included
District
(in thousands of dollars)
492,935
552,134
500,337
16
Io. 1 Boston
5,946,241
2 New York
5,902,o46
4,906,295
13
442,314
476,883
3 Philadelphia
IS
537 ,103
531,033
4 Cleveland
645,549
615,705
23
269,173
248.440
5 Richmond
21
291,359
201
221,894
6 Atlanta
225,056 '
25
1,i4o.663
7 Chicago
1 , Ilf? ,348
1,339,170
31
2a5 ,646
2 St, Louis
25 I >045
266,954
11
150,302.
1 4 4 ,661
9 .Minneapolis
16
157,173
263,121
10 Kansas City
270 . 34o
28
306 ..552
133,103
11 Dallas
136,398
144,976
15
12 San Francisco
512,497
566 , it)5
26
632,457
TOTAL

243

11,050,579

9 , 453,011

10 , 309,066

REPORTING
(in thousands of dollars)
DISTRICT Md , 1 - BOSTON
Bangor, Me.
Boston, Ma-s,
Brockton, Mass.
Fall River, Mass,
Hartford, Conn,
Holyoke, Mass
Lowell, Mass,
Lynn, Mass,
Manchester, N. H,
New Bedford, Mass.
New Haven, Conn,
Portland, Me.
Providence, R. I.
Springfield, Mass.
Waterbury, Conn.
Worcester, Mass.




2,917
360,534
5,037

9,099

3l,64i
4,4so
5,975
6,421
4,581
7,535
20,504
10,315
36,343
18,258
9,498
18,896

3,361
334,532
4,403
6,571
25,900
4,005
4,664
7,439
4,947
6,191

13,433
7,652
32,914
16,545
8,112
14,263

3,299
333,375
4,635
6,504
23,904
3,239
4,629
5,752

4,225

6,195
17,741

8,302
35,60s
13,154
7,?-81

15.042

DEBITS TO INDIVIDUAL ACCOUNTS BY BAMS IN REPORTING CENTERS
Week ending
Apr. £5. 1923

May 2, 1923

St.5497a
May 3, 1923

(in thousands of dollars)
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,
Candep., N, J,
Chester, Pa.
Harrisburg, Pa,
Hazleton, Pa,
Johnstown, Pa,
Lancaster, Pa,
Lebanon, Pa,
Norristown, Pa.
Philadelphia, Pa.
Heading, Pa,
Scranton, Pa.
Trenton, N. J.
Wilkes-Barre, Pa.
Williamsport, Pa.
Wi Islington, De 1.
York, Pa.
DISTRICT No. 4 - CLEVELAND
Akron, Ohio
Butler, Pa.
Canton, Ohio
Cincinnati, Ohio
Cleveland, Ohio
Columbus, Ohi 0
Connellsville, Pa.
Dayton, Ohio
Erie, Pa.
Greensburg, Pa.
Homestead, Pa,
Lexington, Ky,
Lima, Ohio
Lo rain, Ohi 0
New Brighton, Pa,
Oil City, Pa.
Pittsburgh, Pa.
Springfield, Ohio
Toledo, Ohio
Warren, Ohio
Wheeling, W. Va,
Youngstown, Ohio
Zanesville, Ohio

W.



31,954
5,172
74,040
4,072
4,258
3,561
70,63S

5 , 601,223

30,927
4,666

69,276
4,152
4,335
2,886
60,936
4,634,575

33,632
4,257
61,107
3,243
3,649
2,875
66,878
5,673,806

38,326
3,503
38,426
3,288
18,579

35,257
7,4SS
32,679
2,84s

36,423
5,810
32 , 39s

16,220

14,373

7,739
4,129

6,94S
3,914

3,165

12,108
5,523
8,756
3,003
6,4i6
6,657
1,730
SS8
401,618
1 1 ,1 5 6
17,280
16,159
11,413
5,080
12,248
5,200
16,774
3,207
11,303
79,784

161,770
35,590
1,443
17 ,2 71
7,891
5,527
1,011
5,452
4 ,3 1 1
1,260
2,889
3,572
198,731
3,733
46,691
3,286
12,696
15,360
2,997

9,869

2,730

6,701
10,535
7,750
7 ,6 o 4
2,480

5,239
3,187
2,633
5,525
5,914
1,544
888
358,975
9,688
17,043
14,784
9,635
. 3,597
£,490
4,010

331,495
7,868
13,538
11,943
8,535
4,595
3,618
4,372

.16,924
2,1+92
9,677
78,154
137,556
35,315

13,898
2,641
8,675
66,933
123,967
30,042

5,200
4,624
1,376

815

1,306

1 ,11 5

16,095
7,153

13,148
6,356
5,092
979
4 , 54s
3,133
957

5,271
786
5,287
3,913
1,417
2,653
3,723
207,790
4,584
44,770

2,632
11,699
12,735
3,273

2 ,115

3,700
17?,322
3,824
3 2 .U 3
2,531
9.21C
13,446
2,473

DEBITS TO in n VIDUAL ACCOUNTS BY BANKS IN REPORTING .CENTERS
'vfeek ending
May 2, 1923

Apr. 25, 1923

St.3ll9?b
May 3, 1922

(in thousands of dollars)
DISTRICT No, 5 - RICHMOND
Ashville, N. C.
Baltimore, Md,
Charleston, S. C,
Charleston, W, Va,
Charlotte, N. C.
Columbia, S, C,
Cumberland, Md,
Danville, Va,
Durham, N, C.
Greensboro, N, C,
Greenville, S. C,
Hagerstown, Md.
Huntington, W. Va,
Lynchburg, Va,
Newport News, Va.
Norfolk, Va,
Raleigh, N. C,
Richmond, Va,
Roanoke, Va,
Spartanburg, S. C,
Washington, D, C,
«7ilmi ngto n , 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,
Mont gomery, A1 a,
Nashville, Tenn,
Newnan, Ga,
New Orleans, La,
Pensacola, Fla,
Savannah, Ga,
Tampa, Fla
Valdosta, Ga,
Vicksburg, Miss.




4,909
102,400

9,376
10,445

M 53
SO,900
5 ,9SO
11,717
9,70S

u «2?3
97,343
6,599
6,411
S,349

6,196

5,094

5,^92

2.517

2,109
1,776
3,831
U,1S8
4,775

2,137
1,831
- k
3,964
3,379
1,993
^,287
3,85°
1,651
17 »84o

2*076
3^S
6,093

5,100
2.518

2,526

6,46l
4,407
1,825

5,934
3,90S
1.57S

15,918
7,000
34,707

• 6,900

6,097
2,342
47,283
5,080
8,609

1,036
29,191

6,666

25,917
556
9,130
2,550

302
680
213
2,6l4
12,811
6,998
• 4,613

2,501
7,904

4,991
17,337
402

67,501
1,900
8,184
8 ,4 i 4
1,195

1,450

16,258
23,396
5,^01
2 ,OSS

43,792
4,361
6,778

4,500
27,169
5,067
1,932
50,737
5,283
11,664

820

960

29,639

28,917
6,010

7,834
24,043
642

8,206
2,426
193

620
158
2,489
14,130
6,852
M 55
2,536
5,987
4,754
16,486
316

63,896
1,471
13,939
7,539
975
1,4SS

17,777
510

6,507
2,432
251
518

237
1,825
15,750
6,075
4,017
2,077
6,804
3,951
15,159
306
59,704.
1,791
10,144
7,574
892
1,280

DEBITS TO INDIVIDUAL ACCOUNTS BY BANKS IN REPORTING CENTERS_______ St? 3H97C.
Y.'esk ending
May 3. 1922
May 2, 1923
\ Apr. 25, 1923
(In thousands of dollars)
DISTRICT No, 7 - CHICAGO
Adrian, Mich.
Aurora, 111.
Bay City, Mich.
Bloomington, 111.
Cedar Rapids, Iowa
Chicago, 111.
Danville, 111.
Dav enp ort, I owa
Decatur, 111.
Des Moines, Iowa
Detroit, Mich.
IHibuque, Iowa
Flint, Mich,
Fort Wayne, Ind,
Gary, Ind.
Grand Rapids, Mich.
Green Bay, Wis.
Hammond, Ind.
Indianapolis, Ind,
Jackson, Mich,
Kalamazoo, Mich.
Lansing, Mich.
Mason City, Iowa
Milwaukee, Wis,
Moline, 111.
Mus cat i ne, Iowa
Oshkosh, WisPeoria, 111.
Rockford, 111.
Saginaw, Mich.
Sioux City, Iowa
South Bend, Ind.
Springfield, 111.
Terre Haute, Ind,
Waterloo, Iowa
DISTRICT No, 8 - ST, LOUIS
East St. Louis and
Nat11 Stock Yards, 111.
Eldorado, Ark.
Evansville, Ind.
Fort Smith, Ark.
Greenville, Miss.
Helena, Ark.
Little Rock, Ark.
Louisville, Ky.
Memphis, Tenn,
Owensboro, Ky.
Quincy, 111.
St, Louis, Mo.
Springfield, Mo,
C.




829
3>27 2
2,199
2,836
6,595
950,537
3,800
10,489
4,247
19,4-17
161,326
3,151
8,268
8,884
3>703
15,966
2,785
4 , 7 30
3*3, H O

757
3,436
2,254
2.412
6 ^362
671 , 63s

5,148
9,917
2,244
65,659
2,354
1,103
2,400
1 0 ,3 H
6,195
5,692

4,843

16,366
8,400
7,3^4
5,485
3,984

9,901
3,078
7,578
2 »^57
752
95V
12,420
36,152
29,289
1,327

2,967
162,280
3,329

2,600
8,079

' 3,797
21,038
183,459
3,656
8,100
7,997
3,819
14,833
2,353
4,119
33,019

11,000
2,298
fo0,026
1,025
2,133
2,300
8,765
5,159
5,477
17,319
9,772
6 374
6.413
4,884

10,410
3,465
7,103
2,47;,,

725
920
13,740
34,364
27,925
l,4oo
2,732
150,495
3,231

802
2,671
2,340
2,402

5*032

774,930

2,500
8,169
3,490

16,320
122,996
2,890
6,905
7,543
3,720
14,577
29,792

4,279
4,528
7,023
2,719
58,306
3,301
1,150
2,400
9,999
5,741
18,729
5,379
6,4i4
3,556

£,913
6,157
S58

890
8,934
34,44G
22,801
1,105
2,640
135,969
2,931

DEBITS TO I1IDIVIDUAL ACCOUNTS BY 3AHKS IN PSPORTTNG COTTERS
V-oak end in
May 2, 1923

I

Apr. 25,1S23

*-*&y 3* 1922

(in thousands of
DISTRICT No. 9 - MINNEAPOLIS
Aberdeen, S. D,
Billings, Mont.
Dickinson, N. D,
Duluth, Minn.
Fargo, N. D.
Grand Forks, N. D. .
Helena, Mont.
Jamestown, N. D.
La Crosse, Vis.
Lewistown, Mont*
Minneapolis, Minn.
Minot, N, D.
Red Wing, Minn.
St* Paul, Minn.
Siotuc Falls, S. D.
Superior, Wis.
Winona, Minn.
DISTRICT No. 10 - KANSAS CITY
Atchison, Kans.
Bartlesville, Okla.
Casper, Wyo,
Cheyenne, Wyo.
Colorado Springs, Colo,
Denver, Colo.
Enid, Okla.
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, Cfkla.
Okmulgee, Okla.
Omaha, Neb.
Parsons, Kans,
Pittsburg, Kans.
Pueblo, Colo.
St. Joseph, Mo,
Topeka, Kans.
Tulsa, Okla.
Wichita, Kans,
C,




1,20S
2,100
409
18,624
2,949
1,79S
2,018
489
2,642
1,073
74,550
1,055
483
44,025
3,626
1,53b

1,055
1,?80

297

15,65s

<£,548
1,362
1,381
517
2,600
1,175
73,3&7
806
543

1,242
1.646

271

19,361
3,030
1,560

2,335
408

751
70,936
771
465

2,250

41,734
3.646
1,666

1,17 0

973

920

l,4o4
4,05v

1,604
3,103
4,188

1,240
3,059

3,607
2,252
2,654
37,6^4
2,788
942
1,3 17
576
717
2,882
2,693
3,421
4,888
88,053
1,10 2
S 13
6.53S
20,653
2,2 9 1
51,387
784
1,491
6,272
15,343
3,269
28,744
10,663

36,995
3,434

2,066
2,51S
35,128
2,940
77 O
1 , 20S
542
7^6
2,846
1,353
3,312
4,792
75,725
1,035
706
5,363
15,739
2,540
46,058
776
1,243
3,335
14,239
3,528
24,262
10,345

3,901
1,993
2,695
33,75S
860
1,18 5
583
585
2,809
2,403
2,365
3,527
65,246
1.12y
733
5,243
20,374
1,627
45,515
835
1,022
3,021
15,650
3,050
28,929
9,784

DEBITS TO INDIVIDUAL ACCOUNTS BY BANKS IN HEPQP.TING CENTERS_________St.3497a
Week ending
—-- —------------ 1

May 2, 1923

j

Apr. 25, 1923

May 3» 1922

(in thousands of dollars)
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,
DISTRICT No. 12 - SAN FRANCISCO
Bakersfield, Calif,
Bellingham, Wash.
Berkeley, Calif.
Boi se, Ida,
Eugene, Ore,
Fresno, Calif,
Long Beach, Calif.
Los Angeles, Calif,
Oakland, Calif.
Ogden, Utah
Pasadena, Calif,
Phoenix, Ariz,
Portland, Ore,
Reno, Nev,
Ritzville, Wash,
Sacramento, Calif,
Salt Lake City, Utah
San Bernardino, Calif,
San Diego, Calif,
San Franci sco, Calif.
San Jose, Calif,
Seattle, Wash.
Spokane, Wash,
Stockton, Calif,
Tacoma, Wash,
Yakima, Wash,

W.




2,168
3,562
3,9^3
1,450
34,805
7,2 Us
21,659
17,643
30,089
675
6,104
8 ,S 90

1,547
1,940
3,253
3,375
1,809
4,639
2,841
2,300
10,093
14,603
178,814
30,020
7,311
8,573
4,118
35,891
2,522 '
114
10,321
16,106
1,836
10,350
216,639
5,060
36,691
10,329
7,102
8,507
2,493

1,363
3,927
4,^00
1,094
33,753
6,974
18,887
17,513
26,240
487
5,867
8,493
1,713
1,64s
3,639
2,377
1,768
3,480
2,772
2,692
9,691
13,454
156,872
28,487
7,117
S,223

3,688
40,774
2,086
84

7,867
14,793
1,423
10,107
178,332
4,957
38,363
10,931

3,471
10,168
2,133

2,500
2,920

3,248
SOI

33,138
6,949
24,944
12,041
25,359
546
5,754
7,785
1,618
2,275
3,225
3,342
1,495
3,884
2,382
1,637
9,369
7,298
124,836
22,574
4,437
6,426
4,095
30,374
2,244
164
14,200
13,129
1,500
9,485
185,187
4,725
32,640
10,255
4,179
9,721
2,919