Capitalization And Dividends of the Railways of Texas Year Ending June 30 1909
Capitalization And Dividends of the Railways of Texas Year Ending June 30 1909
Dc Bureau of Railway Economics Washington
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80, 649, 942 67, 199 25, 029, 670 2. 8 232, 382, 171 26. 3 '66, 150, 296 42, 182 4, 681, 471 1. 5 211, 028, 138 66. 3 H7, 149, 457 84, 293 54, 443, 817 5. 5 216, 642, 421 21. 7 held in sinking and other funds, etc. Amounts assigned to groups are . , 948, 900 744, 720 603, 285 Group VII $1, 500 11 VIII 2, 486, 386 " IX 155, 675 " X 2, 215, 900 The amount given in the table as representing the stock of all American railways on which no dividend was declared in 1909 is $2, 227, 650, 417, or 29 per...cent of the total stock outstand- ing. This amount is ascertained by adding together the total out- standing stocks of all railways that declared no dividends in 1909. The corresponding item in the Interstate Commerce Com- mission 's statistical report for 1909, page 57, is $2, 766, 104, 427, and the corresponding percentage 35. 99 percent. The discrep- ancy between these two sets of figures is due to the fact that the Interstate Commerce Commission added together all issues of stock on which no dividends were paid, instead of the total stocks of all railways declaring no dividends.
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