NET EARNINGS IN DISTRICT I
TABLE 106

335

AVERAGE NET CHANGE IN RATIOS OF NET EARNINGS TO EARNING AsS-SETS,
 1924-1925, FOR MEMBER BANKS, BOSTON FEDERAL RESERVE
DisTRICT, CLASSIFIED BY DIRECTION OF CHANGE AND BY
PosiTtioN OF RATIOS OF GROSS EARNINGS AND OF
ToTAL EXPENSE TO EARNING ASSETS*

RaTI0S:
Gross Earnings
to
Earning Assets

AVERAGE NET CHANGE IN Rat10s OF NET EARNINGS To EARNING ASSETS

Rat105: Total Expense to Earning Assets

{ncreasing
1024-1025

Decreasing
1024-1Q2§

Increasing or
Decreasing
1024-1028

Direction
»f Change,
1024-102%

Position
Relative
to
Average,
rQ24

Above
or
Below
Average,

1024

Above
Average,
 |
1024

Below
Average,

1024

Above
or
Below
Average,

ot

Above
Average,

1924

Below
Average,

1024

\bove
or
Below
Average,

1024

Above
Average,

1024

Below
Aver
age,
1024

Above
or
Relow

+.18 ¥.39 14.38] S58
130 | 67 72 I 102
08 | —.o1
toos)t0 jot
34 | +.24 1
toar| tse] toe

+.50
7

t.61

+.34
242 y
a6
Ay 26

+.34
118
+27
1, 41 J +.37
—.z7)= -al= 31
fe »0

wk

[ncreasine

Above

t.59°

+52

+.78
Ie

Below

+.48
ar

1.56

t ;39

Above | -—
or 55) 62
Below 1 bo

I
con

— 1
eo

- Fr

2.

3

Decreasing

Above

36

Ka

Q

= #3

Relow

~~

-

Above
or
Relaw

Increasing
or
Decreasing

’

Relo

*The ratios which were the same as the averages in the respective series were distributed alternately
ABovE and BELow; those which made no change were counted alternately as INCREASING and DECREASING.
The figures in small type represent the number of banks to which the position or the net chanze applies.

position alone. Ratios in both series, however, were differently
laced relative to their averages in 1924, and changed between
1924 and 1925. What were the net directions and amounts of
change in ratios of net earnings when gross earnings and total
expense ratios are classified in both these respects? The details
in Table 196, supplying the answer, require close analysis.
It will be seen from this table that (1) irrespective of the posi-