BANKING STANDARDS
CHART 23
RATIOS OF SALARIES AND WAGES TO EARNING ASSETS — ALL MEMBER
BANKS

“TO

Comparison of Federal Reserve District Ratios with those for the
Country as a Whole, 1919-1925
(The slopes of these lines, not their vertical positions, are significant. See page 21.)

COUNTRY AS A WHOLEeaceseeae DISTRICTS
19 1920 1521 1922 1923 1924 1923 1919 1920 1921 1922 1923 1924 192%

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1819 1920 i321 1922 1923 1924 1925 1919 1929 1928 1922 1923 192¢ 1923