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STATEMENT FOR THE PRESS R ele a sed f o r p u b l i c a t i o n Sunday m o r n in g , O c t . 2 ; not st. Federal Reserve Board October 1 , 1 3 2 1 . e a rlie r. bank ^ Volume o f b u s i n e s s , 2311 . d e b it s a s m easured b y d e b i t s to in d iv id u a l acco u n ts rep o rted to the F e a e r a l R ese rve Board f o r .b a n k s i n 135 im portan t c l e a r i n g h ou se c e n t e r s , d e c lin e d fro m $ 8 , 3 0 5 , 0 0 0 , 0 0 0 f o r t h e w e e k e n d i n g S e p te m b e r 2 1 , d u r i n g w h i c h a l a r g e volu m e ox incom e t a x c h e c k s was drawn a n d c l e a r e d , t o $7,265,000,000 f o r t h e w e e k e n d i n g oeptem ber 2 8 , a d e c r e a s e o f $ 1,0 2 0 ,0 0 0 ,0 0 0 , o r a b o u t 1 2 p e r c e n t * A l l o f the le a d i n g c e n t e r s r e p o r t s m a l l e r f i g u r e s f o r t h e more r e c e n t w e e k , t h e d e c r e a s e s b e i n g e s p e c i a l l y h e a v y i n P i t t s b u r g h . , w h i c h shows a r e d u c t i o n o f 2 8 p e r c e n t ; S t . L o u i s , w h er e t h e d e c l i n e am ounted t o 24 p e r c e n t , and D e t r o i t , w h e r e i t was 37 p e r c e n t . As co m pa red w i t h t h e w e e k e n d i n g S e p t e m b e r 2 9 , 1 9 2 0 , t o t a l d e b i t s f o r t h e w e e k u n d e r r e v i e r «Vow a d e c r e a s e o f $ , , , , o r a b o u t 1 8 p e r c e n t , compared wi * a la g 11 of 1 551 000 000 p e r c e n t f o r t h e p r e c e d i n g w e ek and o f en d in g Sep tem ber 1 4 . S m a ller t o t a l s , co m pared w i t h 20 per cent f o r t h e w eek co rresp o n d in g f i g u r e s a r e shown f o r a l l l e a d i n g c e n t e r s , w i t h t h e e x c e p t i o n o f L o s A n g e l e s , t h e b e i n g e s p e c i a l l y h e a v y f o r C l e v e l a n d , P i t t s b u r g h , C h i c a g o and D e t r o i t . i n 1920, d e clin e s DEBITS TO INDIVIDUAL ACCOUNTS AT CLEARING HOUSE BANKS Federal R eserve _______ D i s t r i c t SUMMARY BY FEDERAL RESERVE DISTRICTS_________ Number o f Week e n d i n g cen ters S e p t. 26, 1921 S ep t. 2 1 , 19 21 [ S ep t. in clu d ed (In No. 1 B oston 2 New Y o r k 3 4 5 6 l4 F n ila d e lp h ia C le v e la n d Richmond A tla n ta 7 C h icago S t. L o u is 8 910 11 12 M in n ea p o lis K ansas C i t y D a lla s San F r a n c i s c o 1 12 15 12 2 0 155 TOTAL DISTRICT No. Bangor 7 10 ' 13 9 15 23 5 3 3 1,4 2 4 3 ,9 4 1,3 5 4 332,603 thousands o f d o l l a r s ) 468 ,191 3 70 ,6 8 5 4 , 4 1 2 ,645 4 ,3 8 8 ,7 0 4 4 3 4 ,10 0 176,665 2 13 ,5 3 0 19 8 ,0 78 1,0 2 3 ,8 5 6 2 0 0 ,8 3 2 17 5 ,5 0 4 8 6 6 ,6 0 8 16 6 ,5 3 2 135,091 2 2 5 ,0 0 6 12 7,0 55 ______ 4 6 0 ,5 4 6 7 ,2 6 4 ,7 2 6 3 ,17 3 L o w ell M an ch ester New B e d f o r d 277,081 6 ,8 0 0 18 ,7 2 0 2 ,6 0 8 4 ,2 18 3 ,6 11 5 ,2 2 5 New Haven P o rtla n d 12 ,9 5 1 6 ,6 s 4 P ro vid e n ce 2 8 ,9 3 4 163,085 211 ,567 1 9 4 ,144 2 51,0 8 8 327 ,458 13 4 ,3 6 5 5 2 9 ,5 4 6 160 ,250 5 36 ,691 8 ,3 0 4 ,8 8 2 8,836,444 3 ,3 15 (* 226 , 839) 303,431 7 ,5 H 2 1 ,5 7 8 3 ,0 3 4 5 ,1 5 4 5 ,1 4 7 12,405 4 ,6 7 4 12 ,18 0 14 ,9 0 0 17 ,6 8 7 3 .4 4 3 2 3 ,5 4 5 3 ,8 0 7 3 ,8 2 9 ,2 4 5 4 , 253,046 4 ,7 7 6 5 ,7 8 3 P a ssa ic R o ch e ste r 2 7 ,1 7 7 10 ,7 17 4 ,5 3 2 36,137 16,703 S p rin g field 43,309 4,166 5,473 r * s 1 7 , 50s W aterbury W o rcester DISTRICT NO. 2 - NEW YORK A lb an y B in g h a m t o n B u ffa lo New Y o r k 4,033 3 30 2,34 7,8 5 0 2 8 ,28 1 7,2 3 5 17 ,2 9 2 7 ,1 9 8 3 2,8 30 1 2 ,4 2 1 236 ,286 1 , 1 2 4 ,4 2 2 REPORTING CENTERS BY FEDERAL RESERVE DISTRICTS ( i n thousands of d o l l a r s ) - BOSTON B oston (*2 0 9 ,2 4 1) F a ll R iv e r H artfo rd H o lyo ke Syracuse 4l4 ,716 540 ,557 209 ,497 3 9 7,0 13 3 4 6 ,13 8 29, 6,231 58 ,2 3 3 7 ,3 3 1 8 ,9 13 6 ,9 4 7 17 ,9 7 4 18 ,2 9 3 4 ,2 4 0 6 4 ,4 io 4 , 272,957 5 ,5 0 6 30,361 29,317 13 ,9 2 9 17 ,9 2 2 *Debits of banks which submitted reports in 1920. 19 20 DEBITS TO INDIVIDUAL ACCOUNTS AT CLEARING KCU5S BAKES S T .2 3 11a W^ek ending Sept. 28, 1921 1' Sept> 1921 f Sept. 29, 1920 r«.... . „ , ............. ......21, — s r ..... ...... -t.,,.. . / 1^ ^ . n ( I n thousands o f DISTRICT No, 3 - PHILADELPHIA A lto o n a C h e ste r H a r risb u rg Johnstow n L an ca ste r ' P h ila d e lp h ia R eadin g Scran to n T ren ton W ilk es-B a rre 13,035 55,390 105,397 22 , 55 s 11,252 5,683 4 , 20s 2,999 1,922 133,244 3,402 25,905 6,575 S,85S L exin gto n C ity P ittsb u rgh S p rin g field To ledo W h ee lin g Y o u n g s to w n 5 - 2,075 4,461 6,742 4,562 4,890 334,655 6,4s4 14,206 1 2 ,33s 8,770 4,630 6,931 4,007 \ 4,460 5,4 i i 5,902 347,015 15,950 12,090 7,952 4,021 7,163 4,752 CLEVELAND G reensburg DISTRICT N o. 5,650 4,4.97 4,659 272,592 6 , 6si 16,315 9,96i 3,752 7,073 3,389 C in cin n a ti C lev ela n d Colu mbus D ayto n E r ie O il 3 ,8 3 S 8*159 W illia m sp o rt W ilm in gton York DISTHICT N o. 4 Akron 3 ,0 6 5 1 *1 d o lla rs) 12,785 67,719 125,034 33,444 13,233 6,106 5,776 3,386 1,875 183,931 3,586 26,358 8,053 10,433 21,490 160,104 29,511 11,138 7,703 6,662 ■4,870 3,721 234,724 3,827 29 , 96s 9,651 17,188 RICHMOND B a ltim o re 8 2 ,78 1 C h a rlesto n C h a rlo tte C olu m bia 4,726 5,756 5,05S 3.90S 4,080 13,094 4,120 24,641 32,409 4,soo 109,361 4,350 6,965 5 ,16 s 4,379 5,044 13,204 4,050 26,791 38 ,097 5,123 106,171 5.500 6,704 5,756 23,0S9 6*770 12,913 6,519 26,200 7,764 14.895 8,815 26,942 8,835 16,687 10,295 12,465 6,205 6,873 1,393 4,b35 G re e n v ille , H u n tin g to n N o rfo lk R a le ig h S. C. Richmond W ashin gton W ilm in gto n DISTRICT No, 6 - ATLANTA A tla n ta A ugusta B irm in g h a m C h a ttan ooga J a c k so n v ille K n o x v ille Macon M ob ile Montgomery N a sh v ille New O r l e a n s P e n saco la Savannah Tampa V icksbu rg 5,856 18,309 4.500 22,740 33,961 S ,0 0 0 5,110 *,333 7 , 05s 3,900 26,337 52 , 1 5 s 1,24s 12,150 4,366 1,553 8,0 0 1 6,535 *,5 8 7 6,522 4 132 2 7 ,4 IV 6 1 ,777 1,517 13,215 4,752 1,747 2 ^ ,4 4 2 S o , 600 2,416 17,669 5,433 1,396 TORTTC TO INDIVIDUAL fc ACCOUNTS'AT S ep t. DISTRICT No. 7 - CHICAGO Bay C i t y B loom ington 1921 (In 2,676 1 , 91+9 8 , 1+3 2 ' 590,633 6 , 1+15 D avenport D e tro it Dublin-ne 9 6 ,337 2,4 2 0 F lin t 1 18,1+68 27,250 P e o r ia R ockford S io u x C i t y S o u t h Bend S p rin g field , W a te rlo o 8 DISTRICT No. - S t. 111. 2 1 , 196 ) S t, (*10 2 jU l) L o u is S p rin g field , 9 DISTRICT No. JS&e r d e e n Mo. 5 ,0 9 5 5 ,5 3 1 5 ,3 9 1 , 70 1+61 2 , 1+92 6 U ,811 6,832 2 , 031+ 8 , 1+10 i+, i 1+.1+82 4o .9,3 29 6,233 7 ,5 5 2 7 ,500 13 ,5 2 1 5,297 1+ J 36 2,503 6 ,10 9 l+,927 - 5 ,9 9 6 2,80 8 3 ,9 16 12 ,5 11 27,105 25,539 1,701 113,751 2 , 1+71+ 5 ,3 6 5 H ,95S (*2 3 ,1+ 3 2 ) (* 13 5 ,2 lU ) 2 63 2,230 25,839 ll+l+,l 11+9,207 +22 - 2 ,90 5 1,226 1,5 9 3 Grand F o r k s Great F a l l s 1,9 72 1,9 3 2 2 ,8 8 7 2,506 H elen a M in n e a p o lis S t . Paul 7 0 ,7 3 9 , 3 ,5 9 0 S io u x F a l l s Su perior Winona 1,9 3 2 1,3 79 1,7 18 28,310 3 , 01+6 1 , 1+66 2,036 3 6 ,6 0 3 3,688 1,651 2,892 2 , 311+ 100,615 33.105 6,099 2,170 1,039 81,900 25 21+9 33AS9 2,237 83 s 2,202 1,12 1 3 ,9 3 5 KANSAS CITY B a r tle sv ille Cheyenne C o lo rad o S p r i n g s Denver J o p lin C ity, C ity, M uskogee Okla hom a C i t y Omaha P u e b lo S t . Jo seph 2 7 ,5 5 6 2 9 ,6 5 1 M 2 1 , 1+91 2 , 1+1+1+ 1,206 DISTRICT No. 1 0 A tc h iso n - 5,120 8,650 MINNEAPOLIS B illin g s D u lu t h Fargo W ic h ita 3 5 ,3 2 1 5,603 m (* 20,990 7 ,7 10 L o u is v ille Memphis Q u incy Topeka T u lsa 8,193 7,1+90 and Rock Kansas Kansas 3,3S5 S T . LOUIS L o u is N a t’ l S to ck Yards E v a n sv ille L ittle 10 19 . 1+50 11+1 , 51+5 5 ,3 3 3 5 +60 1 , 56s Iso l i n e 7 ,6 9 2 i+, l+ 3,809 3 .5 3 5 U jU l U ,l M ilw a u k e e 730,626 3M 05 3 ,1+86 L an sin g 8 ,657 3 21+0 6,077 6,683 20 , 1+70 6,163 In d ia n a p o lis Jackson K a la m a z o o 2 ,77 0 12 ,19 7 15 3 ,5 17 , U .S 12 F t * Wayne Grand R a p i d s 2,30 9 11+,763 1 3 , 26 s Des M o in e s 3,703 61+9,923 6 ,7 5 6 3 ,1 8 1 2,799 D ecatur 29. 1920 1 S e p t . 2 1 , 1321_ S e p t . t h o u s a n d s of d o l l a r s ) 2 ,51+s Cedar R apids C hicago East 28, S t . 2311b. . __ CLEARING HOUSE BANKS Week e n d i n g K ans. Mo. 1,0 8 0 1,15 7 1,7 15 l,9 5 U 1,833 2,305 32,966 1,7 16 2,898 3I+, 883 1,7 76 , + 2 ,0 2 5 3 ,70 9 , 3 1 1+5 70,105 3 ,^ 16 3 ,5 0 U 19 ,75 ^ + 2 ,9 9 3 3 ,7 9 7 15,010 8,570 3 ,W . 50,202 3 ,3 8 1 H 9 9 ,^ 2 3 .236 85 01+1 19 ,6 73 + 1 2,600 3,532 15,067 3 ,9 3 3 2 ,3 0 5 1 3,100 3,836 16,965 17,208 10,698 . 5,100 2 7 ,9 2 6 5 6 ,7 6 8 U .136 18,085 3,3l+3 30,1+25 1^ ,7 2 1 ♦Debits of banks which submitted reports in 1920. . DEBITS TO INDIVIDUAL ACCOUNTS AT CLEARING HOUSE BANKS _ _ ___________________Week ending S ep t. 28, 1921 | S ep t. (in DISTRICT No. 11 - DALLAS 21, thousands A lb u q u e r q u e i ,4 q i A u stin 1,699 3 ,12 8 3 ,5 5 4 3 ,3 2 2 2,361 39,206 Beaumont D a lla s E l P a so F o r t Worth G alve sto n H ouston San A n t o n i o 6 ,4 9 4 23,210 25 ,2 0 4 30,230 6,336 Shreveport Texarkana, Tucson Waco D I S T R I C T No. 1 2 B erk eley B o ise Fresno Texas - Los A n geles O ak lan d Ogden Pasadena P o rtla n d Reno Sacram ento S a l t Lake C i t y S an D i e g o S an F r a n c i s c o S an J o s e 29, d o lla rs) 1,5 2 3 5 ,19 3 4 ,4 7 4 4 3 ,7 4 4 23,920 8 , OSS 28 ,440 25 ,2 4 3 32,0 4 8 4 3 ,5 0 9 6 ,9 2 8 6 ,9 5 7 1,2 6 8 8,249 2,217 1,3 79 5 ,0 8 5 i,4 o o 4 ,8 14 3 ,6 8 7 3 ,2 13 2,74 9 2,600 14 ,0 8 7 5 ,0 3 5 10 6 ,4 0 5 17,102 3 ,0 7 6 4 ,2 0 4 2 9 ,4 18 2,4 0 2 15,919 12 ,6 4 2 6 ,5 8 7 13,100 5,606 10 8 ,3 4 9 17 ,3 0 1 3 ,% l 5 ,2 4 2 4 4 ,3 7 2 2,6 4 2 15 ,3 17 15 ,2 3 3 7 ,3 3 7 177,726 205,881 4 ,9 5 9 2 9 ,8 3 5 10 ,2 0 4 4 ,9 7 2 4 3 ,0 9 0 ,4 4 9 S to ck to n 4 ,6 6 5 Tacoma Y a k im a 7 ,3 6 7 of | S ep t- S ,4 5 3 8 ,17 2 1,7 2 5 1,70 8 5 ,2 2 0 SAIT FRANCISCO Long B each S e a ttle S po kan e 39,559 6,595 1921 St,2311c. 2,626 12 2 ,8 74 2,662 13,218 4 , 93s 96,214 19,675 4 ,3 0 0 4,473 44.637 2,603 19,154 17,517 7,447 2 14 ,3 7 0 6,227 43.637 13 ,18 9 5 ,1 5 1 10 ,4 5 8 5 ,sso 10,230 3 ,1 4 7 2 ,9 4 6 19 20
@FedFRASER