TABLE 97

CorRELATION OF DistricT DEVIATIONS OF RATIOS IN PAIRED SERIES
(Percentage Deviations from the Respective District Averages, Period 1919-1925)

vd
4)
on

INDEPENDENT VARIABLE—
Ratios of Loans and Discounts
to Earning Assets

A er —

| Nunes
: o
Distance from Average District-Years


Position

Percentage
Groups

Average
Percentage


Total. ....

b3.27 | 39

Above

5.00and over
2.50 t0 5.00. .
Under 2.<0..

16.34 8
+3.57 15
L1.45% 16

Under 2.50. .
1.50 t0 5.00. .
5.00and over

—I.21 26
-3.70 xr
-7.%72 4

Below

Demand
deposits
to Total
Deposits

+ 0.45

+ 3.56
+ 1.68
- 2.20

~ 0.30
— 2.5%
+1x.71

Time
Deposits
to Total
Deposits

- 1.61

-_ 9.69
—~ 4.0
+ 4.71

-~ 0.64
+ 6.96
~16.58

DEPENDENT VARIABLES—Net Average Percentage

Interest
and
Discounts |
on
Borrowed
Money to
Earning
Assets

Gross
Earnings
to Earning
 Assets

Total
Expense
to Earning
 Assets

Net
Earnings
to Earn-Ing
 Assets

Salaries
and
Wages
to Earnng
 Asset

Interest
on
Deposits
to Earning
 Assets

Taxes
to
Earning
Assets

43.77 |

+ 3.30

48s Vang |

-1.77 |+ 41.230 | + 8.58

+8.04
+3.70
+1.70

+ 5.34
+ 3.45
+ 2.36

t15.24
+ 4.35
+ 0.13

- 1.81
+ 0.46
+ 4.87

—5.56
—4.10
+2.20

4102.30
+ 56.21
- 3.19

+14.44
+ 9.35
+ 4.02

|

—-Y.24
—4.62
=8.43

- 1.74
~ 2.86
—10.43

- 1.02
~ 9.24
—- 3.58

— 0.2%
+ 0.66
—-14.30

+3.00
0.85
—-2_00

— 32.3%
—~ 42.36
- 11.613

—- 2.61
—13.25
—-10.28

“Other
Expense’
to Earning
 Assets

+r.122

+32.31
+0.14
+1.73

-0.83
—-—0.0$
-0.74

—

Total. ....

-2.07

1
4! + 1.23

—- 3.01

—3.34

- 3.33

2.83 I +0.52

— 31.08 | = 6.56