STATEMENT FOR THE PRESS Released for publication 2779 Sunday corning, May 14; Federal Rese.rve*Board, not earlier. May ^ V$2Z. BANK DEBITS. Volume of business for the week ending May 10 was $8,796,000,000, marking a ^ >199j000,GOO, or about 12 per cent, from the exceptionally large total O'- ^ >>92*000,000 reported for the precoding week which saw a heavy volume of trading on the stock exchange and the settlement of end-of-month obligations. Smaller totals are reported for all the leading centers. As compared with the week ending May 11, 1921, the volume of business for the week was lars r by $1,297,000,000, or about 17 per cent. About 95 per cent of this increase wasshown for New York City alone where the volume of business was a? 3r ^ argsi/!r year before, while for the other centers the increase amounted to only about $60, 000, 000, or less than 2 per cent. * of business is measured by debits to individual accounts reported to the Federal Reserve Board for banks in clearing house centers. The number of centers reporting this week is 2*5, of which 165 are included in the summary by Federal reserve districts. ^ Federal Reserve District DEBITS TO INDIVIDUAL SUMMARY Number of centers included No» 1 Boston 14 2 New York 7 3 Philadelphia 13 4 Cleveland 13 5. Richmond 11 6 Atlanta 15 7 Chicago 24 8 St. Louis S 9 Minneapolis 12 10 Kansas City 16 11 Dallas 12 12 San Francisco 20 ACCOUFTS BY 3AKKS IN REPORTING CENTERS BY FEDERAL BESERVE DISTRICTS?eek ending May 10, 1922 May 3, 1922 tea,238 5,126,930 371,294 4o4,g46 193,369 168,525 902,332 205,050 120,490 237,163 124,344 452,324 May 11, 1921 482,548 442,598 5,830,383 3,951,005 420,407 3*5,818 473,546 431,816 230,978 192,062 191,460 171,501 1,124,701 222,793 838,983 200,226 143,130 126,236 245,449 229,508 129,256 131,268 500,264 43 8,304 TOTAL I 65,79.6,095 9,994,915 7,499,335 DISTRICT No. 1 - BOSTON Bangor, Me. Boston, Mass. 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. REPORTING CENTERS BY FEDERAL RESERVE DISTRICTS 3,127 290,984 4,059 6,350 20,629 3,015 4,574 5,219 3,988 5,693 16,859 7,868 29,649 13,938 5,930 13,634 3,299 333,375 4,635 6,504 23,904 3,289 4,629 5,752 4,225 6,195 17,741 8,302 35,608 13,15^ 7,281 15,042 3,668 309,765 5.464 19,289 2,847 4,336 4.465 5,327 16,544 7,l4o 31,181 12,769 5,430 14,373
DEBITS TO INDIVIDUAL, ACCOUNTS BY BANKS IN REPORTING CENG?ERS St. 2779a Week ending... May 10, 1922 May 3» 1922 May 11, 1921 DISTRICT No- 2 - HEW YORK 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. 20,3^9 4,482 57,935 3,097 3.73S 2, 66s 49,192 5,056,477 30,42S 5,710 29,026 2,537 12,891 3S.632 30,081 4,257 3,691 61,107 53,446 3,243-3,649-2,875-66,878 * 5,673,S06 3,819,830 36,483-5,810 5,023 32,39S 25,025 2,730-14,373 13,909 DISTRICT No. 3 - PHILADELPHIA Allentown, Pa. Altoona, Pa. Camden, N. J. Chester, Pa. Harrisburg, Pa. Hazleton, Pa. Johnstown, Pa. Lancaster, Pa. Lebanon, Pa. Norristown, Pa. Philadelphia, Pa. Reading, Pa. Scranton, Pa. Trenton, N. J. Wilkes-Barre, Pa. Williamsport, Pa. Wilmington, Del. York, Pa. DISTRICT No. 4 - CLEVELAND Al^ron, Ohio Butler, Pa. Canton, Ohio Cincinnati, Ohio Cleveland, Ohio C olumbus, Ohi o Connellsville, Pa. Dayton, Ohio Erie, Pa. Greensburg, Pa. Homestead, Pa. Lexington, Ky..Lima, Ohio Lorain, Ohio New Brighton, Pa. Oil City, Pa. Pittsburgh, Pa. Springfield, Ohio Toledo, Ohio Warren, Ohio Wheeling, W. Va. Youngstown, Ohio Zanesville, Ohio 5, SOI 2,9Q0 11,235 3,901 7,427 1,966 4,44l 5,142 1,271 739 291,927 7,525 12,326 12,280 7,567 4,3Q1 7,612 3,765 11,282 2,490 7,352 62,827 104,465 29,369 1,037 9,846 5,999 3,921 886 4,211 2,966 996 2,064 3,331 144,944 3,724 33,51S 1,896 8,858 12,169 2,233 6,701 3,165 2,896 10,535-7,750 4, 39s 7,604 5,.817 2,480-5,200 5,160 4,624 4,579 1,376 815-331,495 263,674 7, 86s 8,920 13.5SS 17,267 11,943 10,234 S.5S5 8,001 4,595 4,053 9,618 7,264 4,372 3,555 13,898 16,534 2,641-8,675-66,933 56,392 123,967 125,S37 30,042 25,46q 1,115-13,148 11,955 6,356 6,035 5,092 3,316 979* - 4,548 3,884 3,133-957 - 2,115-3,700 2,328 179,322 158,775 3,884 3,939 32,813-2,591-9,210 6,957 13,446 10,395 2,473 -
DEBITS TO INDIVIDUAL ACCOUNTS BY DJUCrS IN REPORTING CENTERS Week ending s t.2779b May 10, 1922 j May 3, 1922.... May... 1 1, 1921 DISTRICT No. 5 - RICHMOND Asheville, N. C. 4,393 4,293 - Baltimore, Md, 79,517 97,343 86,387 Charleston, S. C. 6,200 6,599 5,468 Charleston, W. Va. 6, 01+0 6,4ll - Charlotte, N. C. 5,620 8,349 5,067 Columbia, S. C. 4,513 5,492 M 7 9 Cumberland, Mi, 2,019 2,137 - Danville, Va, 1,903 1.S31 - Greensboro, N. C. 2.691 3,964 - Greenville, S., C. 2,890 3,379 3,049 Hagerstown, Mi. 2,244 1,993 - ' Huntington, W. Va. 4,214 4,287 5,315 Lynchburg, Va. 4,510 3,856 ~ Newport News, Va. 1,549 1,651 - Norfolk, Va. 15,32^ 17,840 12,190 Raleigh, N. C. 3,900 4,500 4,400 Richmond, Va. 23,620 27,169 23,571 Roanoke, Va, 4,802 5,067 - Spartanburg, S. C. 1,822 1,932 - Washington, D. C. 43,5^6 50,737 36,781 Wilmington, N. C. 4,025 5,283 4,855 Winston-Salem, N. C. 4,206 11,664 - DISTRICT No. 6 - ATLANTA Albany, Ga. 780 960 - Atlanta, Ga. 23,683 28,917 22,864 Augusta, Ga. 5,401 6,010 4,045 Birmingham, Ala. 15,850 17,777 12,771 Brunswick, Ga. 631 510 - Chattanooga, Tenn, 6,112 6,507 7,717 Columbus, Ga. 2,200 2,432 - Cordele, Ga. 222 251. - Dothan, Ala. 490 51s. Elberton, Ga. 279 237. - Jackson, Miss. 2,328 1,825 - Jacksonville, Fla. 12,373 15,750' 10,942 Knoxville, Tenn. 5,307 6,075 6,276 Macon, Ga. 3,418. 4,017 3,902 Meridian,.Miss. 1,836 2,077 - Mobile, Ala. 5,256 6,804 5,972 Montgomery, Ala. 3,274 3,951 5,442 N ashvilletenn. 14,570 15,159 20,552. Newnan, Ga. 337 306 New Orleans, La. 55,354 59,704 51,531 Pensacola, Fla. 1,354 1,791 1,446 Savannah, Ga. 9,200 10,144 10,005 Tampa, Fla. 6,124 7,574 6,676 Valdosta, Ga. 899 892 Vicksburg, Miss. 1,249 1,280 1,360
DEBITS TO I INDIVIDUAL ACCOUNTS BY BANKS IN REPORTING CENTERS St.2779c. Week ending _ May 10. 1922 May 3. 1Q22 May 11, 1921 (in thousands of dollars) DISTRICT No. 7 - CHICAGO Adrian, Mich. Aurora, 111. Bay City, Mich. Bloomington, 1 1 1. Cedar Rapids, Iowa Chicago, 1 1 1. Danville, 1 1 1. Davenport, Iowa Decatur, 1 1 1. Des Moines, Iowa Detroit, Mich. Dubuque, Iowa Flint, Mich. Fort Wayne, Ind. Gary, Ind. Grand Rapids, Mich. Indianapolis, Ind. Jackson, Mich. Kalamazoo, Mich. Lansing, Mich. Mason City, Iowa Milwaukee, Wis. Moline, 111. Muscatine, Iowa Oshkosh, Wis. Peoria, 111. Rockford, 111. Sioux City, Iowa South Bend, Ind. Springfield, 111. Waterloo, Iowa 723 502 2,875 2,671 2,437 * 2,340 1,949 2,402 5,19S 5,032 579,331 774,930 2,700 2,500 7.S21 2,169 2,955 3,490 16,552 16,320 107,645 122,096 3,105 2, G90 6,060 6,905 6,S07 7,543 2,129 3,720 14,273 34,147 14,577 29,792 3,620 4,279 3,991 4,588 6,001 7,023 2,414 2,719 52,350 58,306 2, 13s 1,492 3,301 1,150 2*011 2,400 9,431 9,999 M 7 1 5,741 14,858 18,729 8 >637 5,379 5,068 6,4l4 3,257 3,556 DISTRICT No. 8 - ST. LOUIS East St. Louis and Nat l. Stock Yards, 1 1 1, 10,276 8,913 Evansville, Ind. 7,015 6,157 Greenville, Miss. 969 858 Helena, Ark. 947 S90 Little Rock, Ark. 9,400 8,934 Louisville, Ky. 30,233 34,448 Memphis, Tenn. 27,552 22,801 Owensboro, Ky. 1,151 1,105 Qjiincy, 1 1 1. 2,093 2,640 St. Louis, Mo. 118,527 135,969 Springfield, Mo. 2,954 2,931 DISTRICT No'. 9 - MINNEAPOLIS Aberdeen, S. D, 1,245 1,242 Billings, Mont. 1,477 1,646 Dickinson, N, D. 222 271 Duluth., Minn. 17,745 19,361 Fargo, N. -D- 2,595 3,030 Grand Forks, N. D. l,46l 1,560 Gr e at Falls, Mont. 1,298 1,322 Helena, Mont. 2,468 2,335 Jamestown, N. D. 505 408 Lewis town, Mont. 721 751 Minneapolis, Minn. 61,160 70,996 Minot, N. D. 730 771 Redwing, Minn. 436 465 St. Paul, Minn. (*24,691)30,239 (*35,406)41,734 Sioux Falls, S. D. 3,475 3,646 Superior,' Wis. 1,851 1,666 Winona, Minn, 1,024 920 Digitized for FRASER Debits of banks which submitted reports in 1921. 2,216 2,031 9,532 549,396 7,286 2,970 18,773 82,556 2,915 4,359 6,657 16,672 33,483 3,064 3, SOI 5,018 49,517 2,052 8,488 5,587 8,234 6,676 5,249 2,451 8,740 4,764 9,554 29,752 21,497 2,523 120,871 2,525 1,376 1,788 14,574 2,837 1,146 1,646 2,051 63,700 30,054 3,900 2,130 1,034
IfflfclTS to ik d iv ip u a : DISTRICT No. 10 - KANSAS CITY Atchison, Kans. Bartlesville, Okla. Casper, Wyo. Cheyenne, Wyo. Colorado Springs, Colo. Denver, Colo. 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, Okla. Okmulgee, Okla. Omaha, Neb. Parsons, Kans. Pittsburg, Kans. Ptteblo, Colo. St. Joseph, Mo, Topeka, Kans. Tulsa, Okla. Wichita, Kans.. 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. ACCOUNTS BY BASKS IN REPORTING CENTERS?eek ending St,2?79d May 10* l«m May 3, 1922 May 11, 1521 1,317 1,240 1,177 2,579 3,059 2,060 3,129 3,901 1.430 1,993 2,004 2,639 2,695 2,447 32,159 33.75S 29>942 s i? 860 1,267 1,135 - ' 715 546 5S3 535 2,464 2,309 1,756 2,403 2,368 2,365 1,999 > 1 3 6 3,527 3,387 65,154 65,246 66,827 950 1,129 : 924 793 5,237 5,243 4,109 2i, 4oi 20,374 21,156 1,738 1,627 1 46,985 45,515 42,221 786 335-1,100 1,022 4,150 3,021 i 239 14,414 15,650 14, 630 3,801 3,050 3,302 18,552 28,929 20,549 1 1 *691 9,784 8,959 2,012 2,500 3,748 2,920 3,491 3.094 3,243 3,415 995 sol 30,257 33,138 32,027 7,203 6,949 7,622 23,918 24,944 17,650 12,449 12,641 22 757 23,500 25.359 '23,931 544 546 6,559 5,754 6,583 7,630 7,785 7,146 1>172 l & * 1^504 f.275 1,935 3* 6S 3,225 3.207
DEBITS TO INDIVIDUAL ACCOUNTS BY BAjJFS IN REPORTING CENTERS St.2779e. May 10, 1922 Week ending May 3, 1922 May 11, 1921 DISTRICT WO. 12 - SAN FRANCISCO Bakersfield, Calif. Bellingham, Wash. Berkeley, Calif. Boise, Ida. Eugene, Ore* Fresno, Calif. I-ong Beach, C alif. Los Angeles, Calif, Oakland, Calif. Ogden, Utah Pasadena, C alif. Fhosnix, Ariz. Portland, Ore. Reno, Nev. F.itzville, Fash. Sacramento, Calif. Salt Lake City, Utah San Bernardino, Calif. San Diego, Calif. San Francisco, Calif. San Jose, Calif. Seattle,,FTash. Spokane, Tasli. Stockton, Calif. Tacoma, Vlash. Yakima, "'ash. 2,622 3,3^2 1,424 1,495 6,430 3,284 3,707 2,638 2,382 2,638 1,743 1,637 9*382 9,369 9,851 7,177 7,298 5,267 109,547 124,836 95,721 2 2,11^ 22,574 22,171 5,436 4,437 2,854 6,30a 6,426 5,524 5,00? 4,095 28,279 30,374 32,739 2, ISb 2,244 2,52S 170 164 17,729 14,200 12,621 13,193 1,400 13,129 1,500 12,876 9,488 9,485 8,207 152,021 185,157 161,559 4,603 4,725 4, 17s 30,52/ 32,640 30,775 9,^58 10,255 9,669 5,074 4,179 4,635 7,785 9,72 1 8,502 2,351 2,919 2,042