Répertoire des administrateurs & commissaires de société, des banques, banquiers et agents de change de France et de Belgique

Banking standards under the federal reserve system

Bibliographic data

Monograph

Identifikator:: 1751319059

URN:: urn:nbn:de:zbw-retromon-129553

Document type:: Monograph

Title:: Répertoire des administrateurs & commissaires de société, des banques, banquiers et agents de change de France et de Belgique

Place of publication:: Paris [u.a.]

Year of publication:: [1926]

Scope:: 1316 S.

Digitisation:: 2021

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Répertoire des administrateurs, commissaires, liquidateurs, curateurs, etc., de sociétés

Collection:: Economics Books

NORMS AND TRENDS IN NET EARNINGS 133 registering this type of change. The greatest percentage decline for all districts combined, as well as for the majority of the dis- tricts, came between 1922 and 1923; the greatest percentage rise came between 1919 and 1920. Between 1919 and 1921, net earn- ings increased at a diminishing rate; between 1921 and 1923 they fell at an increasing and between 1923 and 1925 at a diminishing rate. But the percentage amounts of decline and of rise in the ratios in the various districts are functions not alone of time but also of the district levels themselves and of the positions held by the ratios in a given year relative to these levels. These facts are apparent from the detail in Tables 84 and 85. If the yearly district ratios of net earnings are classified into two groups, plus and minus, according to the positions which they hold relative to the seven-year district levels, as is done in the stub of Table 84, and for each class the direction of change from year to year is determined, as is done in the caption classes of the same table, it is found that (1) ratios which are low tend to increase, and (2) those which are high tend to decrease. To this rule there are 22 exceptions in 72 cases. It will be recalled that, in general, during 1921 to 1923, ratios of net earnings to earning assets decreased from year to year. This is evident from the fact that of the 72 year-to-year changes, 43 were decreases and 29 increases. But of the 72 possible positions held by the ratios in the first of each pair of years, relative to their respective district levels, 41 were high, and of the number so placed, 31 decreased in the following year. Conversely, of the 31 which were low in a given year, 19 increased the next year. In 25% of the cases the year-to- year changes were upward when the ratios were relatively high, and in 39% they were downward when they were al- ready low. That is, there is a tendency, so far as direc- tion of change is concerned, for net earnings to regress * In Kansas City and in Dallas, the ratios were the same in 1924 and 1025; in Atlanta they were the same in 1022 and 1022

Access restriction

Copyright

fullscreen: Banking standards under the federal reserve system

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation