Banking standards under the federal reserve system

Bibliographic data

Monograph

Identifikator:: 1762969653

URN:: urn:nbn:de:zbw-retromon-142432

Document type:: Monograph

Title:: Banking standards under the federal reserve system

Place of publication:: Chicago

Publisher:: A. W. Shaw Company

Year of publication:: 1928

Scope:: xxxviii, 420 Seiten

Digitisation:: 2021

Collection:: Economics Books

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

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Part III. Correlated series for all Member Banks by districts

Collection:: Economics Books

SERIES CORRELATED WITH GROSS EARNINGS 21% in the blocks of the table. The bold type figures relate to the year 1925, the individual districts being assigned the numbers given to them under the Federal Reserve Act; the letters in alphabetical order refer to Boston! for the years beginning 1919 and ending 1925. Ratios of gross earnings and of total expense in the same year in the Boston member banks deviated from the average according to the same sign in five of the seven years; similar deviations for all districts occurred in 67 of the 84 district-years. These rela- tions expressed in percentages are, respectively, 71.4 and 79.8. In 1925, for nine of the twelve districts, deviations in gross earnings and in total expense were of the same sign, the percentage rela- tion in this case being 75.0. Ratios of gross earnings and of net earnings in the Boston district in the same year deviated from the average according to the same sign in six of the seven years; deviations of like sign for all districts occurred in 58 out of the 84 district-years. Comparatively, like behavior in the two cases is indicated by 85.7% and 69.0%. In 1925, eight of the twelve district-deviations in gross earnings and in net earnings were of the same sign, the percentage relation in this case being 66.7. There are other ways in which the relations between gross earnings and other series of bank data may be measured and expressed. From year to year, during the years 1919 to 1925, it is found that in 35 cases the ratios of gross earnings to earning assets increased, and in 37 they decreased. In the districts with year-to-year increases and decreases, respectively, what were the net directions and percentage amounts of change in other series? Table 133, which answers this question, shows that the ratios in the different series, with respect to direction of change, are related to gross earnings in much the same way that they are with re- spect to position relative to the district averages. That is, for instance, increasing gross earnings ratios are accompanied by increasing, and decreasing gross earnings ratios by decreasing ratios in loans and discounts, in total expense, in net earnings, and in each of the items of operating expense, except interest on deposits. On the other hand, the directions of change of ratios of gross earnings and of demand deposits to earning assets are 1 The reason for using the Boston district and the year 1925 is that data of the nature indicated are available for individual banks for this district and year. These are discussed later

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