Investments
Investments
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In our eReader you can find the full English version of the book. Read Investments Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Investments
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Characteristics of railways. — Some of the special features which characterize the railway business from an investment point of view, and which distinguish it from other businesses, are the unique character of the physical equipment necessary, and the commercial geography and interline traffic relations that de- termine the rise, volume, and permanence of the dif- ferent types of traffic. Other- characteristic features are evenness of income and of consequent high bond- ing limit; the public co...ntrol of rates, of car service, and of labor conditions by the states and the Federal Government; the increasing cost of supplies and labor; the profitable real estate investments in ter- minal properties ; the instalment plan used in paying for equipment, made possible by the standardized nature of cars and locomotives; the complexities of inter-line financial relations resulting from the formation of systems out of smaller properties; and the perpetual life of the business, preserved thru re- ceiverships and reorganizations in the interest of the public service.
What to read after Investments?
You can find similar books in the "Read Also" column, or choose other free books by Edward David Jones to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Characteristics of railways. — Some of the special features which characterize the railway business from an investment point of view, and which distinguish it from other businesses, are the unique character of the physical equipment necessary, and the commercial geography and interline traffic relations that de- termine the rise, volume, and permanence of the dif- ferent types of traffic. Other- characteristic features are evenness of income and of consequent high bond- ing limit; the public co...ntrol of rates, of car service, and of labor conditions by the states and the Federal Government; the increasing cost of supplies and labor; the profitable real estate investments in ter- minal properties ; the instalment plan used in paying for equipment, made possible by the standardized nature of cars and locomotives; the complexities of inter-line financial relations resulting from the formation of systems out of smaller properties; and the perpetual life of the business, preserved thru re- ceiverships and reorganizations in the interest of the public service.
What to read after Investments?
You can find similar books in the "Read Also" column, or choose other free books by Edward David Jones to read onlineMoreLess
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