4 
BANKING STANDARDS 
TABLE 18 
PERCENTAGE DIFFERENCE FROM DISTRICT AVERAGE, 1019-1025, OF 
RATIOS OF ToTAL DEPOSITS TO EARNING ASSETS FOR ALL MEM- 
BER BANKS, BY YEARS AND FEDERAL RESERVE DISTRICTS 
FEDERAL RESERVE 
DISTRICTS 
Boston. .............. 
New York....... ... 
Philadelphia. . .. 
Cleveland. . .. 3 
Richmond..... : 
Atlanta. .......... .. 
Chicago. .....ovnunenn 
St. Louis. ............ 
finneapolis......... 
{ansas City..... 
Dallas. .......... ... 
San Francisco. ......... 
PERCENTAGE 
~r.oM DISTRICT AVERAGE, 1910-1925 
1919 | 1020 i 1021 © 1022 ' 1023 ! 1924 | 103s 
« 
J 
< 
re 
JT 
- = 
$a at 
. of 
~-3.6¢ 
40.58 
+1.7¢ 
+x.00 
4-0.8¢ 
497 
BA 
" 10 
+0.19 
+5.87 
+4.6 
4-4.03 
“+4. 8 
+ 5.24 
+ 7.85 
+ 7.18 
+ 4.00 
+ 7.01 
+ 9.908 
+ 8.77 
+ 0.76 
+ 9.63 
+13.95 
+13.67 
4 8.00 
Iy 
Jy 
The variation in the ratios of total deposits to earning assets, 
as indicated by Table 17 and Chart 5, suggests the necessity of 
further study in order to determine the norms and tendencies, if 
any, in the ratios when the districts and the years are considered 
separately. The first approach to this analysis is contained in 
Table 18, which shows, for each district, the signs and the per- 
centage differences of the ratios for the individual years from the 
corresponding ratios for the period 1919-1925, inclusive. 
Table 18 indicates that in 1919, 1920, and 1921, all districts? 
were below, and in 1923, 1924, and 1925 all were above the levels 
established by their respective averages for the seven-year period 
1919-1925. In 1922, the ratios in five districts were high, while in 
seven they were low. The relative consistency among the several 
districts, with respect to posi- 
tion, is summarized in Table 19. TaBLE 19 
If the seven-year average ratio 
in each district is taken as a 
standard by which to gauge 
yearly district levels, then it is 
apparent, generally, except for 
the year 1922, that what is 
true for one district is true 
for them all. And yet there is 
no mathematical reason why 
2 Except Minneapolis, in 1919.