The Consolidated Stock Exchange of New York, Its History, Organization, Machinery And Methods

The book The Consolidated Stock Exchange of New York, Its History, Organization, Machinery And Methods was written by author S a Samuel Armstong Nelson Here you can read free online of The Consolidated Stock Exchange of New York, Its History, Organization, Machinery And Methods book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is The Consolidated Stock Exchange of New York, Its History, Organization, Machinery And Methods a good or bad book?

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(2) Municipal bonds.
(3) Railroad bonds.
(4) Real estate mortgage bonds.
(5) Industrial and public service bonds.
Government bonds represent the debts of National and State Governments, and are usually divided into two classes : — (1) registered, and (2) coupon bonds.
Municipal bonds represent the debts of the counties and cities issuing them, and are divided into the same classes as Government bonds.
Railroad bonds are also issued in registered and coupon form, but there are many different kin...ds, including the following : — (1) Collateral trust bonds. Bonds secured by a deposit in trust of securities, either bonds or stocks for the benefit of stockholders.
98 THE CONSOLIDATED STOCK EXCHANGE OF NEW YORK (2) Convertible bonds. Bonds convertible into stock.
(3) Debenture bonds. Almost identical with income bonds; sometimes cumulative regarding interest, but usually non-cumulative, and without power to proceed except at maturity.
(4) Divisional bonds. Secured by a mortgage on a certain part or division of a railroad.

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