The first, and lowest, ratio-group was the largest group in the holding
 companies. Almost 30 per cent of the holding company cases
falls in the lowest ratio-group, as compared with 5 per cent and 2 per
cent in the lowest group of the other two classes of companies.
Bureau or Buswess Reseancy
Unmversiry oF liinols-Re
Ayeorg dvepace AVERAGE
" ( - (Moor) (Mone)
t
%
<
Nos ¢ Pa 3X8 § 88 3X58
8 34 oR e 1% §3 83 8 28% 338 2
GAs AND LLECTRIC TRACTION HoLomwe COMPANIES
Ratios Lxpressed as Rercentages
CuarT 2e—FRreEQuENCY DISTRIBUTIONS OF THE REVENUE-TO-NET-WORTH
Ratios or Pusric UriLiry Companies By Type oF ComMpPANY
The class of greatest concentration is here the first ratio-group. Therefore
 no average is shown. The average (mode) for gas and electric companies
 and for traction companies are practically identical with the
average (mode) of all the 1417 cases as shown on Chart 2a.

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