9
sf
Se

Tue Sources oF Pusric UriLity CAPITAL

-—-Detieit {Neqotive ratios)
——Surplusl Positive rotiog)

Bureay of

IF Te

Averages
(Moda)
050 1

Average wos Average
(Node) (Mode)
081 4 080

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iy

A

So
9

Qe
r
N.

x

* * |
ln NER Lu] _ IL,
Lo e222 wl v 3 EE
hae; fo SHERT DIR oy¥r EIA D0, oy. adiRy
§98%triotacy foffiiiaaat §EESiiicyia
5-9 Tilions of Assets 10-49 Millions of Assets SO/filions or over of Assely
Fafios Lapressed as Fércente-CHART

 4c—FREQUENCY DISTRIBUTIONS OF THE SURPLUS-AND-RESERVES-TO-TOTAL-Eourties
 Ratios or PusLic UtiLity COMPANIES BY S1zE oF COMPANY

Percentage of cases with positive ratios of .15 East Md ? West South
Or OVer...... .. 33% 22% 5% 7%
These figures show that one-third of all the cases in the East had
surplus and reserve items greater than 15 per cent of their total equities,
whereas in the Middle West the percentage of cases with a ratio of
over .15 is 22 per cent. The West and South have respectively 5 per
cent and 7 per cent of the cases with a ratio of over .15.

DISTRIBUTIONS BY SIZE OF COMPANIES
Using the amount of total equities of the companies as the basis
of classification the cases were grouped into those with 5-9 millions of
equities, 10-49 millions of equities, and 50 millions of equities and over.
These three distributions are given in Chart 4c.
The approximated modes for each of these three groups and their
respective percentage figures are as follows:

Companies with Companies with Companies with
Total Equities Total Equities Total Equities
of 5-9 of 10-49 of 50 millions
millions millions and over
Modal ratio. ..........cvn.tn .050 .051 .080
Concentration about the mode. 559, 529; 479,