SERIES CORRELATED WITH GROSS EARNINGS 223
CHART 47

CoMPARISON OF RATIOS OF GROSS EARNINGS AND OF NET
EARNINGS To EARNING ASSETS, BY FEDERAL
RESERVE DISTRICTS, 1919-1925
GROSS EARNINGS cee NET EARNINGS oa
1919 1920 1921 1222 1923 1934
se AN

[a

. PMA

CLEVELAS

MEHMOND

. ATLANTA

), CMICAGO

). SF Louis

)., MINNTAPO? *

10. KANSAS CITY

31. DALLAS

12. SAN FRarer

aa

Pe
9” 192} 1922 1923 1924 1929