NORMS AND TRENDS IN EXPENSES 123
Dissimilar as are the amounts spent as taxes, when measured
in terms of earning assets, they are characterized by well defined
norms and trends in the years 1910 to 1925.

(5) Ratios of “All Other” Expenses to Earning Assets
According to the form of classification of expenses for member
 banks used in the reports of the Federal Reserve Board, expenses
 not comprehended in the classes Salaries and Wages, Interest
 on Deposits, Interest and Discounts on Borrowed Money,
and Taxes are called “All Other.” Based on the entire membership
 in the System for the period 1919-1923, the average amount
of such expense for each $1,000 of earning assets was $7.29. The
lowest average amount for the System as a whole was $6.04
in 1919; the highest, $7.95 in 1921. For the combined years,
Dallas spent most, $10.63, and Philadelphia least, $5.93. While
the amounts vary for the entire System from year to year and for
the several districts for the combined years 1919-1925, they also
differ year by year in the individual districts. This fact is shown
in the detail in Table 80. If the separate years and districts are
treated as a unit and the amounts distributed in a frequency form
and graphically illustrated, Chart 30 is secured.
This chart shows for all member banks that (1) the most common
 amounts fall in the group $6-$7; (2) the amounts range

TABLE 80

Ratios oF “ALL OTHER” EXPENSES 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 DistricteY

Boston. . ..
New York.
Philadelphi
Cleveland. .
Richmond. .
Atlanta... ..
Chicago. ...
St. Louis. ..... .
Minneapolis. . . eee
Kansas City...... . ........
Dallas.....................
San Francisco. . . LL

RATIOS oF Art OTHER EXPEN""S PER 1,000 ~~ FARNING Asc—
Average
1919-  1QIQ | 1020
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