View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

STATEMENT FOE THE PRESS
Released for publication
St. 1429
Sunday morning, Sep 0, 13 , 19 20;
Federal Reserve Board
not earlier
Sept, IS, 1920
\

BAM DEBITS
Debits to individual account of banks belonging to 154 of the country's
more important Clearing House Associations for the week ending September 15
totaled 8, 9^5 millicns, as compared with 7,167 millions for the immediately
preceding week, which contained five "business days only , As compared with
an average increase of 25-4 per cent in total debits, the New York Clearing
House banks show an increase of 26.8 per cent, those at Minneapolis - an
increase of about 33 Per cent, and those at Pittsburgh - an increase of over
40 per cent. Some of the increase is apparently due to payments of income
and excess profits taxes.
Aggregate debits for the corresponding week in 1919 were l4 per cent
larger than for the week under review, owing to the larger debits occasioned
by tax payments, government operations, and in New York City - also by the
heavier dealings on the stock exchange. For the 37 weeks of the present
year weekly debits of New York City averaged 4.3 per cent larger than in
1919, while the like average for 147 other cities was nearly 20 per cent
larger than last year.
DEBITS TO INDIVIDUAL ACCOUNT AT CLEARING HOUSE BAMS
. SUMMARY BY FEDERAL RESERVE DISTRICTS_________
Federal
•.Number of:
Week ending
•
ft
Reserve
: centers •
Sept.
15,1920
;
sept,
s,
1920
; Sept. 17, 1919
Districts
: included :
V
CIn thousands of dollars)
462 ,314
475,621
13
353,574
No. 1 Boston
2 New York
4 , 290,125
7
3,3 87 , 538
5,546,352
464 ,947
355,420
3 Philadelphia,
13
422,867 '
14
633 , 802
614,036
4 Cleveland
471,805
7
174,738
5 Richmond
192,967
156,275
212,358
237,232
215,4 io
15
6 Atlanta
1,238,024
965,020
1 , 245,927
23
7 Chicago
8 St. Louis
237,622
5
255,619
199,109
11
194, ISO
9 Minneapolis
197,314
144,265
l4
10 Kansas City
327,382
331,905
283,725
149,403
11 Dallas
13
165,396
146,559
589,324
488,345
579,372
12 San Francisco
19

15U

TOTAL

8,985,432

7,166,837

10,253,603

REPORTING CENTERS BY FEDERAL RESERVE DISTRICTS
DISTRICT No. 1 - BOSTON
Bangor
Boston
Fall River
Hartford
Holyoke
Lowell
Manchester
New Bedford
New Haven
Portland
Providence
Springfield
Waterbury
Worcester
DISTRICT No. 2 - NEW YO^K
Albany
Binghamton
Buffalo
New York
Passaic
Rochester
Syracuse



(In thousands of dollars)
2,988
3,901
226,407
291,387
8,100
5,269
28,909
20,339
3,752
3,662
5,744
4,392
4,236
>+,979
9,113
5,768
19,204
1 7 , 40s
9,974
s, 70s
27,516
36,945
.

3,005
308,597
8,890
25,727
4,093
4,735
8,081
I S , 897

7,391
40,957
16,596

16,629

12,962

9,201

6,797
11,358

9,844
1 8 ,SOS

19,154
3,625
57,063

22,355

19,455
21,710
v, 9
4,558
70,035
U, 135,322
5,911
34,316
18,273

.

3 , 260,507
4,645

29,006
13,538

4,065

72,814
5,394,074
4,920
32,246
15,878

DEBITS TO INDIVIEUAL ACCOUNT AT CLEARING HOUSE BANS
S b,14ffia
We;£-'L. endin g^
Sept, 15.1920 : Sept. >5 1920 : Sept. 17. 1919
(In thousands of dollars)
DISTRICT No. 3 - PHILADELPHIA
Altoona
2,820
3,322
Chester
4,310
4,782
6,372
Harr i sburg
2,644
4,600
1,796
Johns town
3,828
3,522
Lancaster
4,945
5,181
Philadelphia
337,552
289,142
376,013
Reading
3,700
3,819
Scranton
13,173
14 , 131+
Trenton
13,704
10,237
Willr^js-Barre
9,929
7,638
Williamsport
3,7^0
3,643
7.2S6
Wilmington
4,682
York
3,684
3,5^9

,

3

, s o o

5

, 2

0

6

5

, 8

9

0

5

1

msrpRxcT No. 4 _ clevotjimd
Alrron
Cincinnati
Cleveland
Bolumbus
Dayt on
Erie
Greensburg
Lexington
Oil City
Pittsburgh
Springfield
Toledo
Wheeling
Youngstown
DISTRICT No. 5 - RICHMOND
Baltimore
Charleston
Charlotte
Columbia
Huntington
Norf oik
Raleigh
Ri chmond
Washington
DISTRICT No. 6 - ATLANTA
Atlanta
Augusta
Birmingham
Chat tanooga
Jacksonville
Knoxville
Macon
Mobile
Montgomery
Nas&ville
New Orleans
Pensacola
Savannah
Tampa
Vicksburg




2

, o s s

5

, 2

0

6

5

, 0

7

s

2

, 3 4

9

7^,759
189.513
3

2

, 6

1

2

7

, 2

5

6

^

, 7

2

3

0

6

, 1

0

0

0

5

, 5

0

2

9

, 4

6

6

7,750
1

7

, 8

5

6

12,323
12,841
7,509

6,222

s,377
4,801
26,S:9 4
77,655
2,617
14,612
6

, 5

6

8

1,741

2

3 , 6

6

7

9

8

9

31,320

1

1

, 2

5

7

ll,95S

7 , 0

6

2

0

, 2

2

1

, 1

0

7 , 6

7 6

4,672

5*609
2

, 5 6

5

198,264
4,097
3 6

, 8

5

0

8

, 6

0

2

7

13,294

17,289

97,399
4,9§ o

120,002

6

, 0

1

1

7,144
5,400
6,462

0

4,514

, 6

3 1

6

4

4

1 , 9

, 5

6,189
1

2

5

7

, 7

2

6

7 , 0

4

9

1

3,973
2

36,303
2

9

5,327
1

2

1

3,111
24,448

8,466

, 2

3 4

3 , 9

1 5

7

9

, 6

4,64i
4,120
3,363

5,525

1

8

2

2

2

^>303

1

, 1

1

4

2 9

212,0S7
3,754
33,905
9.9SS
IS, 214

1

4

, 1

73,032
188,435

1

11,451
, 8

, 5

52,495

7 1

8

6

2

2

, 4

9

, 0

5

0

3,721

31,188

3 0

29,159

23,^39
6,579
1

5

, 0

9

5

1

0

, 5

5

1

12,425
6

, 6

8 9

5,043
14,216
3,903
22,.537
70,885
2,448
11,736

5,200
1

, 6

1

2

34,943

8,88 6

15,294
13,697
1

0

, 5

8

2

6,938
7,569
6,7^3
3,635
20,779
6

1

, 8

8

5

2,282
16,194
^,57S
1,405

St,1429b
DEBITS TO INDIVIDUAL ACCOUNT AT CLEARING HOUSE BANKS
Week ending
Sept. 15,1920 : Sept, 8. 1Q20 I Sept. 17. 1919
(In thousands of dollars)
DISTRICT No, 7 - CHICAGO
Bay City
3,526
3,551
>,155
3,400
2,663
Bloomington
3.383
8,242
Cedar Rapids
11,088
11,679
791,744
Chicago
596,988
807,552
7,642
Davenport
8,540
8,019
4,648
Decatur
4,748
4,083
Des Moines
20,384
22,718
16,307
190,426
Detroit
146,831
150,3^7
Dubuque
2,623
3,238
3,971
Flint
10,278
9,376
8,989
5,092
Ft. Wayne
6,442
8,990
20,227
Grand Rapids
21,080
23,223
39,442
Indianapolis
32,752
41,437
4,644
4,121
Jackson
5,366
4,438
5,016
Kalamazoo
6,470
5,728
6,102
Lansing
5,954
47,080
70,367
Milwaukee
8 0,145
2,961
Moline
2,537
Peoria
10,85^
9,729
ii,o4o
6,182
Rockford
6,660
5,605
13,536
Sioux City
18,089
13,345
3,974
South Bend
5,120
^ ,993
5,354
4,494
Springfield
3,497
3,816
Waterloo
4,658
3,770
DISTRICT No. 8 - ST. LOUIS
Evansville
Little Rock
Louisville
Memphi s
St, Louis
DISTRICT No, 9 - MINNEAPOLIS
Aberdeen
Billings
Duluth
Fargo
Grand Forks
treat 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 City
Omaha
Pueblo
St, Joseph
Topeka
Tulsa
Wichita



5,4io

9,605
30 ,468
3 3 ;24c

158,899

4,799
11,345
23,554
30,171
129 , 240

4,601
9,387
36,396

29,629
175,606

2,100

2,171
2,301
37,249
4,068
2,136
2,299

2,352
1,941
21,325
3,498
1,503

.2 ,702
104,232
33,504
5,955

2,246
78,234
28,611
4,883

l,4 i6

1,089

2,227
1,582

632
3,671

4i6
2,803

3,159

2,102

2,149

4,250
47,326
4,359
4,386

106,317
4,857
33,421
63,903
3,913
19,981
5,183
13,346
16,992

2,508

958

1,822

3 ,aps
44,272
3,489
3,154
85,060
4,067

21,610

54,474
4,241
15,931

3,660
22,636
15,120

1,946
24,889
9,393
2,288
2,419
2,679
104,520
43,271

3,451
' 33,867
3,563
2,999

110,692
5,978

19,621
77,723
3,057
19,408
6,483

24,545

12,836

-DEBITS TO INDIVIDUAL ACCOUNT AT CLEARING HOUSE BAMS
St. 14-29c
i__________ __________ Week ending __________________

— --------------------i. Sept.15.1920 : Sept. S. 1920 : Sept. 17. lqiq
(in thousands of dollars)
DISTRICT No. 11 _ DALLAS
Albuquerque
1,474
1,615
1,7^7
Aus tin
4,448
2,621
2,859
Beaumont
4,208
4,4o4
3,201
Dallas
40,707
36,982
40,017
El Paso
8, SOI
8,449
6,319
Ft. Worth
26, 54s
26,981
23,453
Galveston
14,132
10,782
10,787
Houston
38,815
35,831
36,557
San Antonio
10,240
7,610
7,990
Shreveport
7,210
6,529
6,295
Texarkana
2,225
2,372
1,511
Tucson
1,469
1,164
1,463
Waco
4,826
4,245
3,751
DISTRICT No. 12 - SAN FRANCISCO
Berkeley
Boise
Fresno
Long Beach
Los Angeles
Oakland
Ogden
Pasadena
Por tland
Reno
Sacramento
Salt Lake City
San Diego
San Francisco
San Jose
Seattle
Spokane
S tockton
Tacoma
Yakima




3,296
15,783
6,434
101,524

20,979
5,000

5,534
4s,300
3,523

19,922
19,288
8,876

237,254
7,049
% ,953
14,080

6,551

12,4i 4

3,514

3,247

2,741
10,326

4,384
84,515

21,617

4,i64
4,548
37,355
2,463
14,142

2,752

3,200

11,318

4,267
90,259

14,483
4,484
4,440

59,608
3,4 os

16,019
16,550

15,172
8,561
209,652

6,i4i
240,128

5,316
3*+,511

6,043
60,637

12,030
4,359

9,187

2,796

15,561
5,4 s 6
14,714
3,074