20

BANKING STANDARDS
CHART 4

RATIOS OF INVESTMENTS TO EARNING ASSETS — ALL MEMBER BANKS
Comparison of Federal Reserve District Ratios with those for the
Country as a Whole, 1919-1923
(The slopes of these lines, not their vertical positions, are significant. See page 21.)
COUNTRY AS AWHOLE coecocser DISTRICTS
we 1920 "ei 1922 "ne 1924 1923 1919 1920 1921 1922 1929 1924 1929

AY ay

Ce
or
eee

Pa

a

P—

er,
NEW YORK

CLEVELAND i Tm
Se

J
we
ot? ot

Yeogg.

Scales of
Percentage
Change
+
«
20
20
*
re

v
16

et otrananaeett”

pol ———

. revbann eet”
San Francisco,

AL in

1919 1920 1921 1922 1029 1924 1923 919 1520 1921 1922 23 194 102)