NORMS AND TRENDS IN DEPOSITS 
34 
TABLE 35 
PERCENTAGE DIFFERENCE FROM DISTRICT AVERAGE, 
Ratios oF DEMAND TO ToTAL DEPOSITS FOR 
BER BANKS, BY YEARS AND FEDERAL RESERVE 
1019-1925, OF 
Arr MEeMm- 
DistrICTS 
FEDERAL RESERVE 
DISTRICTS 
CARNAL 
Yrewpwpnrr rgnrs fiverpy— Ae 
'O1I0 
tv, 1019-1025 
1028 
ra 
Boston. .... 
New York. 
Philadelphi 
Cleveland. 
Richmond. 
Atlanta... 
Chicago. ... 
St. Louis. . . 
Minneapolis. 
Kansas City. 
Dallas... ... 
San Francisco . 
ut 
| 
in 
. 
i 
T- oa 
3 
in 1922 predominantly low. If the size of the percentage differ- 
ences is ignored for the present and if only the positions of the 
percentages with respect to the seven-year district levels are 
indicated, the results shown in Table 36 are obtained. While the 
ratios by districts are different, they are generally alike as to the 
years in which they stand above or below their own average 
levels. Relatively less similarity was discovered when demand 
deposits were expressed as percentages of earning assets.® That 
is, the districts agree more completely as to the time at which 
their ratios of demand deposits to total deposits are high or 
low relative to their average level than they do in respect to 
the time when their ratios of demand deposits to earning assets 
are high or low. The consistency is of the same order as, 
but different with respect to the time from, that shown in 
Table 19, relating to the ratios 
of total deposits to earning Tazz 36 
assets. On the whole, the years 
which are relatively high, for 
total deposits in relation to 
earning assets, are relatively 
low for demand deposits in 
relation to total deposits, and 
vice versa. 
It is of interest to determine, 
from year to year in each of 
"# See Table 27.