BANKING STANDARDS 
TABLE 41 
RATIOS OF TIME DEPOSITS TO EARNING ASSETS IN ALL MEMBER 
BANKS, FEDERAL RESERVE SYSTEM, BY YEARS AND 
BY FEDERAL RESERVE DISTRICTS 
FEDERAL RESERVE DISTRICTS 
Average 
(All Districts) 
Boston. ...... 
New York... 
“hiladelphia. 
_leveland... 
Richmond... 
Atlanta.... 
Chicago. . .. 
St. Louis. .... 
Minneapolis. 
Kansas City. 
Dallas. ..... 
San Francisco 
\verag: 
‘1019- 
t925) 
28.03 
3 
.91 
79 
.04 
2.89 
.38 
-t 
1019 | 1020 | 102% | 1922 | 1923 
RATIOS TIME DEPOSITS TO FARNING ASSETS 
| 1035 
19.01 "22.08 | 25.13 | 28.43 | 30.36 
33.35 " 34.88 
9. 
74 
I. 20 
2R, of 
22.0" 
6.22 
I1.04 
20.43 
30.07 
a! 
"1.13 
13.40 
24.7% 
33.5% 
24.70 
17.06 
22.07 
36.74 
34 6 
27." 
20.00 
20.94 
38.03 
35 54 
33.2. 
°. 6c 
3 
22.50 
34.11 
42.94 
37.61 
cr.ob 
,00 
33.24 
23.55 
36.53 
43.76 
40.42 
35.94 
12.22 
5£.83 
48.47 
28.11 
20.27 
£0.08 
3 
afl $a 
18 
41 shows that there was a tendency for the ratios in each of the 
districts to increase from year to year, the result being, when the 
period is treated as a whole, as is done in Chart 11, that the ratios 
for the later years fall in the upper, and those for the earlier 
years in the lower groups as provided. Account must be taken of 
this almost universal upward trend in any analysis purporting to 
show both the norms and tendencies characterizing the percent- 
ages. This is done immediately below. 
If, as in the preceding discussion of other ratios, the seven- 
year averages for the respective districts are taken as bases from 
which to measure percentage variations from type, the results 
shown in Table 42 are obtained for the ratios of time deposits 
to earning assets. From this table it is apparent for each district 
that the years 1919, 1920, and 1921 are low; and that 1923, 1924, 
and 1925 are high. The turning point from low to high comes in 
1922 for all but three districts. The similarity of results for the 
ratios of time deposits to earning assets in the various districts 
is more marked than that found for ratios of demand deposits 
to earning assets.!’ In the latter case, there is some evidence of 
community of behavior; in the former, it is almost perfect. The 
percentage amounts by which the yearly district ratios of time 
deposits to earning assets are above or below their own seven- 
11 See Table 26.