SERIES CORRELATED WITH EXPENSES 
CHART 48 
244 
CoMpARrISON OF RATIOS OF TOTAL EXPENSE AND OF NET 
EARNINGS To EARNING ASSETS, BY FEDERAL 
RESERVE DISTRICTS, 1919-102¢ 
NEY EARNINGS ee. TOTAL EXPENSE ae ee 
919 1920 1921 1922 1923 1924 192% 
DISTRICTS 
- 
ALL 
BOSTON 
l. NEW YORK 
). PRILADELPHI~. 
i. CLEVELAND 
tales of 
-centage 
“108 
3. RICMMOND 
ATLANTA 
CHICAGO 
SY Lous 
). MINNEAPOLIS — 
10. KANSAS CITY 
11. DALLA® 
12. SAN FRANCISCO™ 
cd 
coanen®t® 
2319 1920 
— ~ 
1921 1922 1923 1924 192%