Railroad Securities a Course of Study With References
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The Philadelphia & Reading was forced into three reorganiza- tions, caused by excessive investments in unproductive coal lands. On the other hand, the Northern Pacific was enabled in 1908 to pay an extra cash distribution to shareholders of more than 1 1 per cent, from profits of an industrial subsidiary. Similarly, the Great Northern Railroad, in 1906, distributed to each stockholder a proportionate share of its ore properties. A difficult problem for the investor is the ascertainment of the r...eal worth of non-railroad undertakings. Recent developments indicate that the railroads may be required to divest themselves of non- railroad property. The United States Su- preme Court has already decreed that the Reading Company's joint control of coal and railroad property is in violation of the Anti Trust Act.
[51] CHAPTER XI Analysis of Traffic References: — Sakolski, "American Railroad Economics, " pp. 135-168.
Moody, "How to Analyze a Railroad Report. ' Eaton, "Railroad Operations, " pp.
What to read after Railroad Securities a Course of Study With References?
You can find similar books in the "Read Also" column, or choose other free books by Aaron Morton Sakolski to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The Philadelphia & Reading was forced into three reorganiza- tions, caused by excessive investments in unproductive coal lands. On the other hand, the Northern Pacific was enabled in 1908 to pay an extra cash distribution to shareholders of more than 1 1 per cent, from profits of an industrial subsidiary. Similarly, the Great Northern Railroad, in 1906, distributed to each stockholder a proportionate share of its ore properties. A difficult problem for the investor is the ascertainment of the r...eal worth of non-railroad undertakings. Recent developments indicate that the railroads may be required to divest themselves of non- railroad property. The United States Su- preme Court has already decreed that the Reading Company's joint control of coal and railroad property is in violation of the Anti Trust Act.
[51] CHAPTER XI Analysis of Traffic References: — Sakolski, "American Railroad Economics, " pp. 135-168.
Moody, "How to Analyze a Railroad Report. ' Eaton, "Railroad Operations, " pp.
What to read after Railroad Securities a Course of Study With References?
You can find similar books in the "Read Also" column, or choose other free books by Aaron Morton Sakolski to read onlineMoreLess
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