NORMS AND TRENDS IN EARNING ASSETS 19

TABLE ¥

NUMBER OF DisTrIicTS WITH RATIOS OF
Loans AND Discounts To EARNING
ASSETS INCREASING OR DECREASING
FROM YEAR TO YEAR, 1010-10258

YEARS

TABLE 8

CoMPARATIVE PosiTioNs AND YEAR-TO-YEAR
 DIrecTIONS OF CHANGE IN Dis-TRICT
 RATIOS oF Loans anp Dis-COUNTS
 TO EARNING ASSETS

Pos‘tions P-lati-re
ons.
.

a

~~

.e
we Traps
~~ =m

1010-1020. ...
1920-1921...
1021-1022...
1022-1023...
1923-1924. .
1024-1025. .

amounts of dispersion of the ratios from their seven-year levels.
This fact is summarized in Table 9. That is, there is a regression
to type—the ratios’ net percentage amounts of change from year
to year varying directly with their percentage amounts of difference
 from the seven-year district levels, and inversely with the
signs. It would appear that on the whole there is a tendency for
the ratios in each district to seek their own level. This result is
not inherent in the amounts themselves; it is rather in the amounts
with this sequence, the ratios being controlled by those who determine
 the composition of the earning assets—by those who

TABLE 0

COMPARATIVE PERCENTAGE AMOUNTS OF DEVIATION FROM DISTRICT
Levers AND NET YEAR-TO-YEAR CHANGE IN RATIOS OF
LOANS AND DiscouNTs TO EARNING ASSETS

DIFFERENCES FROM DISTRICT AVERAGES, 1019-1025

Sign

Number of
Cases

Percentage
Groups

Average
Percentage

NET PERCENTAGE
CHANGE FROM
YEAR TO YEAR

Average

5.00 and over
2.50 tO 5.00
Under 2.ro0

Under 2.50
7 50 to 5.00
:.00 and over

Average

oy

Whe

bY

Lo

»

Ln

51