SERIES CORRELATED WITH GROSS EARNINGS 223 
CHART 47 
CoMPARISON OF RATIOS OF GROSS EARNINGS AND OF NET 
EARNINGS To EARNING ASSETS, BY FEDERAL 
RESERVE DISTRICTS, 1919-1925 
GROSS EARNINGS cee NET EARNINGS oa 
1919 1920 1921 1222 1923 1934 
se AN 
[a 
. PMA 
CLEVELAS 
MEHMOND 
. ATLANTA 
), CMICAGO 
). SF Louis 
)., MINNTAPO? * 
10. KANSAS CITY 
31. DALLAS 
12. SAN FRarer 
aa 
Pe 
9” 192} 1922 1923 1924 1929