NORMS AND TRENDS IN DEPOSITS 58 
indicates consistency of position for the respective districts 
over the seven years. Districts are not high in one year and 
low in another, but generally high or low. Moreover, those which 
have high and those which have relatively low ratios of demand 
deposits to total deposits, respectively, are the same as those 
which have relatively high or low ratios of demand deposits to 
earning assets. In the high class are Boston, New York, Kansas 
City, and Dallas; the others are all low, but low by varying 
percentages. 
The districts with ratios of demand deposits to total deposits 
which are above and those which are below the country’s average, 
and the number of years between 1919 and 1925 during which 
they remained in these positions, are summarized in Table go. 
A graphic summary of the ratios of demand deposits to total 
deposits, as given in Chart 10,° shows among other things (1) the 
percentage difference of the ratios each year in each district from 
that for the period 1919-1925 in the same district, (2) the rates 
of change from year to year in each district, and (3) the percent- 
age amounts by which the district ratios each year deviate from 
those for the twelve districts combined. 
Probably the most striking feature of this chart is the essential 
uniformity of the downward slopes of the solid lines, this fact 
indicating equal rates of decrease in the ratios for the various 
districts. There is not perfect uniformity among the various dis- 
tricts, nor is it to be expected. Neither is the slope for each 
district absolutely uniform, and this fact is not surprising. Forces 
contributing to a decline in the proportions which demand deposits 
make up of total deposits are seemingly operating in all districts, 
but they do not produce the same effect. Neither are these 
forces exerting uniform influence from year to year. There can, 
however, be no doubt that the similarities of the slopes of the 
solid lines are more pronounced than are their dissimilarities. 
Chart 10 is interesting in another respect. The distances 
between the solid and the dotted lines (these being the coun- 
try’s ratios) indicate the percentage amounts by which the 
ratios for each district differ from those for the twelve districts 
combined. Not only are certain district averages higher and 
some lower than those for the country for the full term of seven 
® For an explanation of the way in which this chart is drawn and for a state- 
ment of the manner in which it should be interpreted, sce page 21