CORRELATED SERIES BY DISTRICTS 155
TABLE 96

CORRELATION OF DISTRICT DIFFERENCES OF RATIOS IN PAIRED SERIES:
LoaNs AND DISCOUNTS AND OF GROSS EARNINGS
T0 EARNING ASSETS

(Percentage Differences from District Averages for Period 1919-1925)

ToraL
Average Percentage
 Differences

RaTtI10S8:
Loans and Discounts
to
Earning Assets
(Percentage
Differences)

l

RATIOS: Gross Earnings to Earning
Assets (Percentage Differences)

Number of Nictrict-Years

Above District
Averages

Below District
Averagee

Number
of
District-Years


Ratios: * Ratios:
Loans - Gross
and Earn-Dis-
 | ings
counts to
to “1rning
‘arpin Assets
Ac nes AY

Position

Amount

(0.00
and
over

5.co
re

Tnder
oe

Under

5.00
po

10.00
and
over

Above
District
Averages

e ns and nave

2.50 tO k.00

Under 2.<o

Below
District
Averages

Under 2.50

2.50 to £.00

¢ 00 and over

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deviations of the yearly ratios from the seven-year ratios for
the respective series; (3) choosing suitable groups into which
these percentage deviations from the average can be placed; (3)
constructing a form, such as Table 96, into which the paired
deviations of the related series, according to the classification
of deviations, are inserted; (5) totaling the number of instances
in the respective lines and columns; (6) adding and then averaging
 the amounts in each line so as to get the average percentage
dispersion for the factor in the stub, used as the independent
variable; (7) algebraically adding and then averaging the