The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
STATEMENT FOR THE PRESS Released for publication Sunday morning, Nov. 27; not earlier. St. 55S4 Federal Reserve Board, November 26, 1927* 3A M DEBITS Debits to in d ivid ual accounts, as repo'rted to the Federal Reserve Board by banks in leading c it ie s fo r the week ending November 23 , 1927 , aggregated $14,697 , 000 , 000 , or 4.9 per cent below the to tal of $15,458,000,000 reported for the preceding week, which included but fiv e business days for many of the report ing centers. Debits fo r the week under review are $2,678,000,000 or 22.3 per cent above those fo r the week ending November 24, 1926. New York City reported an increase of $1,953,000,000, Chicago $136,000,000, Philadelphia $111,000,000, San Francisco $92,000,000, Boston $82,000,000, Cleveland $20,000,000 and Newark and Los Angeles $19,000,000 each. The largest reduction, $35,000,000, was reported by Detroit. Aggregate debits for l4l centers for which figures have been published weekly since January 1919 amounted to $13,903,699,000 as compared with $14,657,721,000 for the preceding week and $11, 279, 270,000 for the week ending November 24, 1926. DEBITS TO INDIVIDUAL ACCOUNTS BY BAMS IN REPORTING CENTERS Federal Reserve D istric t Number of centers included eek Nov. 23, 1927 e n d i n g Nov. 16, 1927 Nov. 24, 1926 (In thousands of d o lla rs) No. 1 - Boston 2 - New York 3 - Philadelphia 4 - Cleveland 5 - Richmond 6 - Atlanta 7 - Chicago 8 - St. Louis 9 - Minneapolis 10 - Kansas City 11 - Dallas 12 - San Francisco TOTAL 16 14 IT 24 787,841 8,590,436 647,553 758,490 9 , 210,810 62s ,665 28 16 28 337,4o6 196,085 726,784 337,855 294,004 1,510,972 343,9 79 230,745 324,529 197,216 259 14,697,042 15, 453,490 23 24 37 15 17 733,84s 324,472 273,952 1,399,010 331,775 221 , 69s 677,366 6,597,352 533,403 672,135 312,249 267,919 1,285,421 297,560 188,830 307,506 183,323 12,018,889 REPORTING CENTERS BY FEDERAL RESERVE DISTRICTS (in thousands of dollars) DISTRICT NO. 1 - BOSTON 3,308 3,6l4 Bangor, Me. 3,359 484 ,541 5 ^ ,0 4 7 566,054 Boston, Mass. 6,126 5,631 Brockton, Mass. 6,099 7,944 F a ll River, Mass. 8,5^7 8,993 44,691 27,395 Hartford, Conn. 47,697 4,645 3,978 Holyoke, Mass. 3,951 5,058 5,772 Lowell, Mass. 5,707 7,042 Lynn, Mass. 7.5S5 6,95*+ 3,421 3,748 3,934 Manchester, N. H. 6,811 8,316 New Bedford, Mass. 7,127 22,982 24,624 New Haven, Conn. 25,875 10,734 11,090 9,943 Portland, Me. 4o,34s 40,943 Providence, R. I . 42,535 19,500 19,553 20,245 Springfield, Mass. 8,596 Waterbury, Conn. 9,907 10,745 19,^29 19,917 Worcester, Mass. 18,596 Digitized forC. FRASER IEBITS TO IM D IV im i ACCOUNTS BY BASKS IK REPUTING CETITERS Nov. 23, 1927 Nov. lo, 1927 (in thousands of dollars) DISTRICT NO. 2 - HEW YORK Albany, N. Y. 26,4l4 32,158 Binghamton, ST. Y. 6,307 5,519 Buffalo, Y. 97,530 87*9^7 Elmira, S. Y. 5,244 4,343 Jamestown, IT. Y. 5,042 5,^75 Montclair, N. J. 6,811 7,015 Newark, N. J. 98,894 loo,6So New York, IT. Y. s , 205 >234 8,812,315 Northern New Jersey Clearing House Association 68,682 59,684 Passaic, IT. J. 11,941 11,231 • Poughkeepsie, N. Y* 4,232 3,798 Rochester, N. Y. 40,167 43,157 Stamford, Conn. 4,142 3,988 Syracuse, IT. Y. 20,242 23,074 DISTRICT NO. 3 - PHILADELPHIA Allentown, Pa. 9,353 9,599 Altoona, Pa. 4,722 4,117 Camden, N. J. l4,4is 16,437 Chester, Pa. 4,962 5,^83' Harrisburg, Pa. 10,119 8.719 Hazleton, Pa. 3,855 3.719 J ohnsvown, Pa. 5,932 4,986 Lancaster, Pa. 7,777 7,499 Lebanon, Pa. 2,022 1,886 Norristown, Pa. 4,348 4,464 Philadelphia, Pa. 477,645 510*391 Reading, Pa. 12,659 10,520 Scranton, Pa. 17,900 17*200 Trenton, N. J. 19,93^ 17,56*+ Wilkes-Barre, Pa. 12,400 10,800 Williamsport, Pa. 5 ,3 ^ 4,001 Wilmington, Del. 11,173 10 *977 York, Pa. 6,369 5,674 DISTRICT NO. 4 * CLEVELAND Akron, Ohio 23,4o i 21,798 Butler, Pa. 3,108 2,378 Canton, Ohio 12,220 9,690 Cincinnati, Ohio lo 4 ,4 n 98,781 186,248 Cleveland, Ohio 177,100 Columbus, Ohio 38,099 38,659 Connellsville, Pa. 1,082 1,077 1 7 ,3 ^ Dayton, Ohio 19,611 6,838 Erie, Pa. 9,609 5,444 Greensburg, Pa. 4,350 1,045 Homestead, Pa. 1,156 Lexington, Ky. 5,785 5,575 3,669 Lima, Ohio 3,885 1,264 Lorain, Ohio 1,462 2,702 Kiddletovm, Ohio 2,605 4,380 Oil City, Pa. 4,057 213,411 2i4,oi4 Pittsburgh, Pa. Springfield, Ohio 5,211 5,157 Steubenvilie, Ohio 2,405 2,807 64,158 Toledo, Ohio 64,69'1 2,638 Warren, Ohio 3,351 Wheeling, ¥. Va. 9,796 10,565 22,347 Youngstown, Ohio 15,047 2,862 Zanesville, Ohio 3,343 St. 5584a Nov.. 24, 1926 22,195 5,07^ 80,747 4,190 4,947 4,965 81,913 6,252,182 64,875 10.5S9 3,636 39,608 4,059 i s , 372 8,567 4,026 15,795 6,493 10,352 3,123 6,5^3 6,677 1,865 398,923 11,118 18,000 15,414 S.bOO 3,470 9,573 4,864 20,130 2,510 10,107 88,201 166,736 36,210 1,430 15,978 9,631 4,327 1,131 4,515 3,262 1,270 2,551 3,211 218,387 5,005 2,442 44,960 2,593 8,834 1 5 ,9 ^ 2,773 DEBITS TO INDIVIDUAL ACCOUNTS BY BANKS IN REFORMING CENtfSRS Week Nov. 23L_1927 _1 St. 55SUb e n d i n g Nov. l6L_1927_1 . Nov. 24, 1926 (in thousands of dollars) DISTRICT NO. 5 - RICHMOND Asheville, N. C. Bal timore, Kid. 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. Hagers town, Md. Huntington, W. Va. Lynchburg, Va. Ne\7port Nev/s, Va. Norfolk, Va. Raleigh, N. C. Richmond, Va. Roanoke, Vs.. Spartanburg, S. C. Washington, D. C. Wilmington, N. C. Winston-Salem, N. C. 6,6l4 93 >984 6,100 9>370 14,074 6,157 2,493 5,015 8,252 7 >266 8,240 2,518 5,779 4,459 2,333 19,281 5,238 36,237 6,784 4,147 55>765 4,074 10,282 6,945 97,591 6,700 9,360 15,394 6,992 94,483 7,399 5,611 8,551 11,597 4,4oo 1,921 4,293 8,912 5,658 5,374 2,364 18,276 6,011 41,516 6,463 4,029 57,875 4,152 ll,4s4 6,313 4,541 2,397 19,275 4,328 34,486 6,758 3,625 55,601 4,664 9,765 5,541 2,297 4,517 9,921 6, 821 2,491 5,848 4 ,’2;6o 2,704 DISTRICT NO. b - ATLANTA Albany, Ga. Atlanta, Ga. Augusta, Ga. Birmingham,Ala. Brunswick, Ga. Chattanooga, Tenn. Columbus, Ga. Dothan, Ala. Elberton, Ga. Hattiesburg, Hiss. Jackson, Miss. Jacksonville, Fla. Knoxville, Tenn. Macon, Ga. Meridian, Miss. Yiami, Fla. Mobile, Ala. Montgomery, Ala. Nashville, Tsnn. Newnan, Ga.. Net? Orleans, La. Pensacola, Fla. Savannah, Ga. Tampa, Fla. Valdosta, Ga. Vicksburg, Miss. 1,053 34,790 6,183 34,720 689 12,064 3,303 901 333 1,524 5,812 20,181 .7,901 4,893 3,976 S,4o4 9,479 6,253 20,767 563 74,561 1,690 1,159 36,o4i 6,4so 37,540 1,036 12 ,4 19 3,516 1,177 309 1,225 37,383 6,341 32,800 443 12,549 2,873 760 187 1,714 6,256 17.659 8,428 5,551 3,991 S,4iS 9,158 7,535 21,606 4,573 23,305 6,994 5,6s4 3,189 7,813 4,987 17,435 10,942 11.660 9,815 1,061 2,022 9,118 484 62,731 1,667 15,081 16,209 2,142 1,423 1,723 554 87,602 1,682 1,385 DEEITS TO INDIVIDUAL ACCOUNTS BY BANKS IN REPORTING CENTERS St. 5534c We e k e n d i n lX_Ii_? 3 i _ l? 27 ___l__J 5o v L 1 6 l _1927_ j__Nov. 24, (in thousands of d o lla rs) DISTRICT NO. 7 - CHICAGO Adrian, Mich. Aurora, 111 . Ea.v City, Mich. Bloomington, 111. Cedar Rapids, Iowa Champaign-Urbana, 111 . Chicago, 111. D anville, 111. Davenport, Iowa Decatur, 111. Des Moine Iowa Detroit, Mich. Dubuque, Iowa F lin t , Mich. Fort Wayne, Ind. Gary, Ind. Grand Rapi ds, Mi ch. Green Bay, 7/is. Hammond, Ind. Indianapolis, Ind. Jackson, Mich. Kalamazoo., Mich. Lansing, Mich. Mason City, Iowa. Milwaukee, Wis. Moline, 111. Muscatine, Iowa Oshkosh, Wis. Peoria, 111 . Rockford, 111. Saginaw, Mich. Sheboygan, Wis. Sioux C ity, Iovra South Bend, Ind. Springfield, 111 . Torre Haute, Ind. Weterloo, Iowa DISTRICT NO. 8 - ST. LOUIS East St. Louis and Nat 11 Stock Yards, 111. Eldorado, Ark. Evansville, Ind. Fort Smith, Ark. Greenville, Miss. Helena, Ark. L it t le Rock, Ark. L o u isv ille , Ky. Memphis, Tenn. Owensboro, Ky. Pine B lu ff, Ark. Quincy, 1 1 1 . St. Louis, Mo. Sedalia, Mo. Springfield, Mo. i,os4 3,52 1 3,309 3,2 13 9 ,2 0 3 3,437 921,629 2 ,36 3 3,273 4 ,n 4 17,133 165,727 4 ,0 9 2 1 0 ,6 7 s 9,347 5,251 13,510 3,030 4 ,4 3 0 34 ,6 6 3 5,237 5 , 72 s 7 ,7 0 0 1 ,9 0 0 7 0 ,5 3 6 1 ,9 4 1 1,785 2,500 10,230 6,049 6 ,4 5 0 4 ,620 9 ,6 39 10,980 8 ,7 0 9 6,421 4,328 15,299 2,354 9,346 3.2S1 90S 1,152 24,057 47,398 45,042 1 ,1 78 4,6oo 3,295 168,6 00 i ,o43 3,722 1,232 4,230 3,5^6 3,209 9,507 3,182 945,857 2,937 8,130 5,090 1,028 4,076 2, 75^ 2,403 8,534 2.500 785,760 2,130 7,150 '4,125 20,146 20,317 3,914 9,292 11,242 201,085 3,498 8, 70S 9 , S30 215,234 6,854 20,512 3,445 4,550 47, 69s 5.552 16,493 2,971 6,020 32,242 5,4l4 6,043 5.264 7,700 2,600 5,486 4,709 7.500 2,600 6b ,066 1,354 1,431 2,900 3,765 5,981 6,443 3,715 12,594 10,795 7,030 5,744 4,095 10 ,6 11 2,556 1 2 ,32 9 10 , 31^ 2,367 8,702 15 M l 2,510 1, 3 7 9 2,900 11,582 7,786 7, 1 5 8 5, ^56 17.031 10,629 7,251 3,787 1,088 1,657 23,924 42,231 46,467 1,352 3,388 3,051 137.133 1 .0 3 1 3,374 5.^18 3.473 1,004 1.495 20,4-11 40,732 36,920 963 3,102 2,769 160,900 985 3,4-23 1926 DIBITS TO INDIVIDUAL ACCOUNTS BY BAMS IN REPORTING CENTERS ------------------- ________ _n_g L _ f 2 Z i J 3 I J 9 2 7 _ j__iTov:__i 6I _i 927 St. 558Ud ] not. 24, 1926" (In thousands of d o lla rs) DISTRICT NO. 9 - MINNEAPOLIS Aberdeen, S. D. B illin g s , Mont. Dickinson, N. D. Duluth, ’/inn. Fargo, N. D. ' Grand Forks, N. D. Helena, 'font. Jamestown, N. D. La Crosse, Wis. Minneapolis, Minn. Minot, N. D. Red Wing, Minn. St. Paul, Minn. Sioux F a lls , S. D. South St. Paul, Minn. Superior, Wis. Winona, ’.'inn. DISTRICT NO. 10 - KANSAS CITY Albuquerque, N. M. Atchison, Sons. B a rtle s v ille , Okla. Casper, ’"yo. Cheyenne, Tfro. Colorado Springs, Colo. Denver, Colo. Enid, Okla. Fremont, Neb. Grand Junction, Colo. Guthrie, Okla. Hutchinson, Kans. Independence, Kans. Joplin, Mo. Kansas City, Kans. Kansas City., Mo. L?wrence, Kans. Lincoln, Neb. Muskogee, Okla. Oklahoma City, Okla. . Okmulgee, Okla. Omaha, Ne'o. Parsons, Kans. Pittsburg, Kans. Pueblo, Colo. St. Joseph, Mo. Topeka, Kans. Tulsa, Okla. i cm ta , Kan s . 1,274 2,570 515 27,349 4,433 2,333 2,242 737 2,626 106,£77 2,280 '7^1 1,349 2,365 535 1 ,6 0 3 2 ,3 5 7 302 1 3 ,9 7 0 3, 71s 2 ,2 1 1 2,021 654 2,849 2 7,8 9 2 1+>905 2 ,5 5 2 2,193 767 2 ,3 0 0 105,731 ' 91,536 2 ,b02 1,674 631 4b,847 3,838 12,936 2,143 1,847 54,76 6 631 39,214 I), 332 13,016 13,35Q 3,220 1,542 3,73^ 1,403 3,332 2,042 1,727 5 , 15s 42,853 2,694 846 920 828 3,551 2,852 4,701 4,466 99,001 1,191 7,073 2,511 26,388 1,772 48,701 828 1,434 25.339 13.340 3,715 25,231 13,205 2,2 6 2 i ,7& 1,722 1,039 4,159 2,764 1,603 4 6 , 63b 3,881 835 1 , 000 1 ,0 5 1 3,733 3,037 5,.225 4, 510 88,642 1,190 7,67 7 2,766 23,694 1,941 43,524 805 1,703 4,444 13,313 4,366 37,395 15,320 2,919 1 , 36 s 6,133 2,585 1.625 l^,321 39,701 2,765 7^8 97s ?Q2 3,023 2,357 4,098 4 . 626 3 7 ,1 0 0 1,124 6,865 2,186 20, 21 6 2,397 ^3,719 819 1,239 23,35^ i4,o46 3,557 : 22,345 DE3ITS TO INDIVIDUAL ACCOUNTS BY BANKS IN REPORTING CENTERS W_o e k ,IToZ*_2 5l 1927 f St.5584e e n d i n g 1Tov- 1 6 , 1927 J Nov. 24, 1926 (In th.ousr.ndsj of d o llars) DISTRICT NO. 11 - DALLAS Abilene, Tex. Austin, Tex. Eeaumont, Tex. Corsicana, Tex. Dallas, Tex. El Paso, Tex. Ft. Worth, Tex. Galvoston, Tex. Houston, Tex. Port Arthur, Tex. Roswell, ”. San Antonio, Tex. Shreveport, La. Texarkana, Tex. Tucson, A riz. Waco, Tex. Wichita F a lls , Tex. 2,881 4,393 5,547 1,353 6 6 ,0 70 8,44i 21,400 1 0 ,6 2 7 45,184 2,71 3 1 ,2 5 0 18,528 9,570 3,303 2,100 5,285 5,968 2 ,925 4,559 5,033 1,512 60,976 8,864 24,383 14,921 42,893 1.913 l,4oo 1 9 ,4 7 s 9.739 2,972 2,195 5.681 6.750 3.504 5.148 5,544 1 .2 6 3 53,383 7.763 18,589 12,20 2 47.169 2,624 860 9 .1 2 5 1 ,8 3 4 2,44s 4.539 7.328 DISTRICT NO. 12 - SAN F3A27CISCO Bakersfield, C a lif. Bellingham, Wash. Berkeley, C a lif. Eoise, Idaho. Eugene, Ore. Everett, Wash. Fresno, C a lif. Long Beach, C a lif. Los Angeles, C a lif. Oakland, C a lif. Ogden, Utah. Pasadena, C a lif. Phoenix .'..riz, Portland, Ore. Reno, Nev. R it z v ille , Wash. Sacramento, C a lif. Salt Lake City, Utah San Bernardino, C a lif. San Diego, C a lif. San Francisco, C a lif. San Jose, C a lif. Santa Barbara, C a lif. Seattle, Wash. Spokane, Wash. Stockton, C a lif, Tacoma, Wash. Yakima, Wash. 3,250 2,2b3 6 , 46o 3,855 2,209 2.9S4 13,759 10,469 223,SIS 41,922 7,194 9 ,H 5 7,682 45,847 2,033 298 1 5 ,1 1 5 1 9 ,0 39 2,535 l4,Sl6 316 ,8:01 6,187 3,335 53,578 12 ,712 6 ,2 9 2 1 0 ,0 6 8 4,322 4.557 2,208 4,93S 3,953 1,744 3.550 i 4 ,575 9,491 240,904 56,902 6,8134 6,959 v7.394 47.217 1,363 222 10,377 16,294 2.167 14,995 33S .003 6,889 3,116 51.839 13.622 6,509 11,106 4,163 3,132 2,177 4,^SS 2.858 2,400 3.105 11.193 9,146 209.983 3 1 ,0 7 4 5.762 8,340 7.091 42, 05-3 1,884 24o • 6,645 16,243 2,039 14,903 225,231 6,450 3,042 46,285 10,249 6,780 10,205 2,927