Railroad Securities a Course of Study With References
The book Railroad Securities a Course of Study With References was written by author Aaron Morton Sakolski Here you can read free online of Railroad Securities a Course of Study With References book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Railroad Securities a Course of Study With References a good or bad book?
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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.
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