IT'ue Sources oF PusLic Urtinity CAPITAL 
CAPITAL STOCK 
TABLE Ha.— TOTAL EQUITIES RATIO 
Frequency distribution of the ratios of Capital Stock to Total 
Equities of 200 public utility companies, 1915-1924 
Ratio 
Groups 
00-079 
08-159 
16-239 
24-210 
32-399 
40-479 
48-559 
56-630 
64-719 
72-799 
80-879 
{]..Q050Q 
Ratio | Cumulative i Percentage 
Frequencies Frequencies Distribution 
i53 
394 
6.15 
14 64 
310 
264 
239 
nd 
694 
958 
1197 
{401 
19.65 
16.73 
15.15 
12.92 
79 
56 
22 
20 
1480 
1536 
1558 
1578 
5.01 
3.55 
1.39 
L.27 
Cumulative 
Percentages 
3..a 
9.69 
4 33 
43.98 
60.71 
75.86 
88.78 
93.79 
97.34 
98.73 
100.00 
Average: 
Aporoximated Mode .417 
CAPITAL STOCK 
TABLE IlIb.— TOTAL EQUITIES RATIO BY GEOGRAPHICAL LOCATION 
Frequency distributions of the ratios for public utility companies 
bv territorial divisions 
Ratio 
(3rouns 
Totala 
00-079 
08-159 
16-239 
24-319 
32-399 
40-479 
48-559 
56-630 
64-719 
72-799 
80-879 
R050 
Foot 
Fre- 
quencies 
~41 
Per- 
centages 
100 
3 
2 
63 
135 
1 
2.07 
8.50 
18.22 
18.08 
14.03 
14.71 
11.88 
32 4.32 
28 3.78 
12 1.62 
R 1 0K 
134 
104 
109 
RR 
Middle West 
Fre- | Per- 
quencies centages 
430 100 
..59 
3.19 
2.96 
12.07 
25.06 
19.37 
13.21 
14.81 
ho 
13 
53 
10 
25 
58 
ARS 
22 5.01 
6 1.37 
3 .68 
A .68 
West. 
Fre- 
quencies 
Per- 
centages 
100 
240 
0 
/ 
20 
30 
24 
zl 
40 
2Y 
2.92 
8.33 
12.50 
14.17 
8.75 
16.66 
15.42 
20 8.33 
19 7.92 
4 1.67 
8 3.33 
South 
Fre- | Per- 
quencies | centages 
158! 100. 
1 
]12 
163 
8 93 
32 
54 
?- 
20.25 
34.19 
20.25 
RR RAK 
5 3.16 
3 1.90 
3 1.90 
1 63 
Averages: 
Anoroximated Mode .413