Trusts, Pools And Corporations
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THE TOBACCO MONOPOLY 287 The total capitalization of all the 86 companies making up the combination in the United States, Porto Rico, and Cuba amounted at the end of 1906 to i?4SO,395,890, consisting of about 130 millions of preferred stock, about 183 millions of common stock, and about 137 millions of bonds. Of this capi- talization, however, a large amount is duplicated by reason of the holding of securities in one company by another company in the combination. The total amount thus held is a... little over 134 millions (about half a million of which is stock of the American Tobacco Company itself), leaving as the net capitali- zation in the hands of the public (including the directors and their associates as well as all other holders except companies in the combination) ^316,346,821. This latter amount consists of about 103 millions of preferred stock,' about 7$ millions of com- mon stock, and about 133 millions of bonds. Of the 316 mil- lions of securities in the hands of the public, 235 millions, or about three fourths, consist of the issues of the American To- bacco Company itself.
What to read after Trusts, Pools And Corporations?
You can find similar books in the "Read Also" column, or choose other free books by Ripley, William Zebina, 1867-1941 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
THE TOBACCO MONOPOLY 287 The total capitalization of all the 86 companies making up the combination in the United States, Porto Rico, and Cuba amounted at the end of 1906 to i?4SO,395,890, consisting of about 130 millions of preferred stock, about 183 millions of common stock, and about 137 millions of bonds. Of this capi- talization, however, a large amount is duplicated by reason of the holding of securities in one company by another company in the combination. The total amount thus held is a... little over 134 millions (about half a million of which is stock of the American Tobacco Company itself), leaving as the net capitali- zation in the hands of the public (including the directors and their associates as well as all other holders except companies in the combination) ^316,346,821. This latter amount consists of about 103 millions of preferred stock,' about 7$ millions of com- mon stock, and about 133 millions of bonds. Of the 316 mil- lions of securities in the hands of the public, 235 millions, or about three fourths, consist of the issues of the American To- bacco Company itself.
What to read after Trusts, Pools And Corporations?
You can find similar books in the "Read Also" column, or choose other free books by Ripley, William Zebina, 1867-1941 to read onlineMoreLess
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