APPENDIX

LONG TERM DEBT
TABLE Ia.— “TOTAL EQUITIES RATIO
Frequency distribution of the ratios of long term debt to total equities
 of 200 public utility companies, 1915-1924

Ratio
Groups

02-079
08-139
14-199
10-259

26-319
32-379
38-439
44-499

50-559
56-619
52-679
58-739
74-700

Ratio |
Frequencies

64
76

156
196
210
10

206
132
67
28

Cumulative | Percentage
Frequencies Distribution

143
119

£1
2.28
1.42
3.25%

375
571
781
| 000

10.78
13.55
14.51
15.13

1206
1338
1405
1433
1447

4.24
9.12
4.63
1.94
yy

Cumulative
Percentages

..18
5.46
9.88
15.13

25.91
39.46
53.97
69.10

83.34
92.46
97.09
99.03
100.00

Average:
A pproximated Mode

; LONG TERM DEBT
TABLE Ib— TOTAL EQUITIES RATIO BY GEOGRAPHICAL LOCATION
Frequency distributions of the ratios for public utility companies
by territorial divisions

Ratio
Groups

Rast

Fre- | Perquencies
 centages

Totals

cad

0

02-079
08-139
14-199
20-250

47
32

+. 66
3.57
6.37
1 O77

26-319
32-379
38-439
14-400

R&
ir
7%
Rz

13.66
11.65
11.65
‘3.04

50-559
56-619
52-679
58-730

80
| § |
17

12.42
6.83
6.83
2.64

14-700

1.

Averages:
Approximated Mode .484

Middle West

Fre- | Per-Tuencies
 ! centages

4727

100

2.13
5 45

ry
dt

6.40
i9.20
19.20
16.11

81
68

71
50
10
0
h]

16.82
11.85
2.37

460

South
Fre- | Per Fre- | Perquencies
 ' centages | quencies | centages
229 100 100.

29
l.18
£.37
Q.30

|

10
19

’.95
3.29
2.63
1.32

35
26
24
18

15.29
£1.35
10.48
12.23

6
14
30
0

3.95
9.21
19.73
25.65
17.11
13.16

29 12.66
18 7.86
13 5.68
1 4.80
2

26
20
0
0
nN

+01

{6