94

BANKING STANDARDS
TABLE 45

Ratios oF Time Deposits 10 ToTarL Deposits IN Arr. MEMBER
BANKS, FEDERAL RESERVE SYSTEM, BY YEARS AND
BY FEDERAL RESERVE DISTRICTS

—

FEDERAL RESERVE DISTRICTS

\verage
(ro19-| 1919 , IX9230
1025)

RATIOS OF TtME DEPNSITS TO TOTAL Deposits

1021 | 1022 | 1023

1024

| 1025

i —

Average
(All Districts) ' 32.71 © 23.58

27.06

31.40 1 33.10 1 35.10

36.04 | 37.60

boston. ....
New York. .
2hiladelphia..
Cleveland...
Richmond. .
Atlanta..,..
Chicago. ....
it. Louis. . ., ..
Minneapolis. .
Kansas City.
Dallas.......
San Francisco.

. 20
toc

9.71
or
Lo

2. .4C
19.6
74.4L

2T-04
tr 52
LAL
Cs

C74
"4.93
39.65
Te
a

35.54
25.71
41.96
48.63
46.69
39.00
44.42
40.23
50.72
8.53
21.17
50.33

i

The average ratio for all districts for all years is 32.71%. The
lowest yearly amount for all districts is 23.58, in 1919; the highest,
 37.60 in 1925. For the combined years, Dallas with 17.90
is the lowest, and Minneapolis, with 49.33, the highest. By grouping
 all of the ratios into a frequency form, it is found, as shown in
Chart 13, that they range from 10% to 55%, the smallest one
being 10.91 for New York in 1919, and the largest, 51.83 for
Minneapolis in 1924. The modal or typical group is 40-435, although
 concentration also appears at groups 25-30 and 35-40.
The general tendency in each district being for the ratios to increase,
 those for the early years are found in the lower, and those
for the later years in the upper groups of the chart. This being
true, further study of district and yearly differences and similarities
 is necessary.
The first approach to such a study is to compare the ratios
each year in each district with the average district amounts for
the period 1919-1925. In this comparison, plus and minus
percentage deviations are used. Table 46, giving the resultant
amounts and signs, shows that in all districts 1919 and 1920 are
low, 1923, 1924, and 1925 are high, 1921 is predominantly low,
and 1922 is predominantly high. The ratios in all of the districts
(except New York) are higher than the seven-year averages in
1922 and subsequent years; they are lower during 1919 and 1920