"8 
BANKING STANDARDS 
TABLE 96 
RATIOS OF TOTAL SALARIES AND WAGES PER $1,000 OF EARNING ASSETS 
IN ALL MEMBER BANKS, FEDERAL RESERVE SySTEM, BY 
YEARS AND BY FEDERAL RESERVE DISTRICTS 
FEDERAL RESERVE DISTRICTS 
Average 
(All Districts) 
Boston. . .. PT 
New York. . . 
hiladelphia. Vee 
Cleveland... A. 
Richmond. . wt 
Atlanta..... “. 
Chicago. .... a 
3t. Louis. . .. ‘eo 
Minneapolis. . 
Kansas City. ‘ 
Dallas....... Cee 
Jan Francisco. .... .....-. 
RATIOS ne Tarar Saravree AND WacF~ =~ ~ $1,000 Nn? EARNING ASSETS 
\verage! 
{1919- 
1025) 
1019 1920 1021 | 1022 1023 I 1924 
1925 
11.82! o.08 | 10.12 | 12.27 | 12.8¢ } 13.27 
12.04 | 12.52 
9.06 
0.09 
0.77 
- 99 
5.14 
5.88 
© hr 
5 
Com 
ba 
[0..3 
~~ 
50 
Cc. 5k 
[I.14 
9.70 
[0.90 
11.2; 
1c.7¢ 
<I.nc 
c.i2 
- 
8 
aa 
Q.& 
10.69 
10.27 
II.3I 
90 
31 
4c 
I~. 54 
11.37 
10.81 
12.11 
2.24 
1.01 
© oe 
45 
oT 
ie. 60 
i0.63 
10.73 
12.15 
12.05 
14.47 
12.53 
13.59 
“4.43 
7.04 
.37 
0.67 
4+ - 
0.46 
10.29 
i2.c2 
g.l7 
Xa 
i 
TA 
Pe 
[2.51 
> ? 
v.02 
ra A6 
Rd 
s.XI0 
70 
LK.20 
8.48 
18.44 
20.32 
16.20 
5.80 
"12 
to $12 per $1,000 of earning assets; (2) the form of distribution 
“tails off” toward the larger amounts, (3) the amounts, while 
ranging by groups from $6 to $22—the actual minimum and maxi- 
mum (as shown by Table 76) being respectively $6.88 for New 
York in 1919 and $20.32 for Dallas in 1g22—<cluster closely 
around $10 to $12—68% of them falling within the limits $10 
and $16. But, since the amounts vary from year to year and 
from district to district, such a grouping as that in Chart 22 has 
the effect of placing the district and yearly amounts in separate 
parts of the chart, and makes it desirable to extend the analysis 
further. This is done in Chart 23 and in the accompanying dis- 
cussion. 
Chart 23!® shows the average amounts of salaries and wages 
for each $1,000 of earning assets for all member banks by dis- 
tricts and years, as given in Table 76, so drawn that it is possible 
to compare (1) the nature (increase or decrease) and percentage 
amounts of change from year to year of the ratios in each dis- 
trict with those in the others separately and combined, (2) the 
percentage amounts by which the ratios each year by districts 
vary from the averages for the seven years 1919 to 1925, and (3) 
the percentage amounts by which the ratios each year by districts 
15 For discussion of the basis upon which such a chart is drawn, and for a de- 
scription of the manner in which it should be interpreted, see page 21.