An Investor's Notes on American RailroadsG.P. Putnam's Sons, 1886 - 172 páginas |
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Página 9
... construction ; and , in the second , between the nominal value of securities and the price actually paid for them by their holders . But , allowing a wide margin for elements of uncertainty , it may be taken as fairly established that ...
... construction ; and , in the second , between the nominal value of securities and the price actually paid for them by their holders . But , allowing a wide margin for elements of uncertainty , it may be taken as fairly established that ...
Página 30
... construction of a rail- road was instantly pounced upon , and innumerable routes for future railroads were selected and protected by char- ters granted by various American States . The limited ○ scope of such charters was but ...
... construction of a rail- road was instantly pounced upon , and innumerable routes for future railroads were selected and protected by char- ters granted by various American States . The limited ○ scope of such charters was but ...
Página 31
... construction failed to pay or to give reason- able assurance of ultimate success . Their securities could not be regarded as safe and profitable investments , and became a foot - ball upon the " Street . " Fortunes could not be made out ...
... construction failed to pay or to give reason- able assurance of ultimate success . Their securities could not be regarded as safe and profitable investments , and became a foot - ball upon the " Street . " Fortunes could not be made out ...
Página 39
... construction and maintenance . Or again , a branch line has been advocated by cordial friends - possibly even by one or two Directors of the main line . The parties concerned have been sanguine rather than critical , and a large ...
... construction and maintenance . Or again , a branch line has been advocated by cordial friends - possibly even by one or two Directors of the main line . The parties concerned have been sanguine rather than critical , and a large ...
Página 42
... construction companies , and stood in with them . But whatever profit he made came out of the bondholder's pocket , and , if the enterprise proved a failure , he lost nothing . It is plain that burthens and privileges are closely corre ...
... construction companies , and stood in with them . But whatever profit he made came out of the bondholder's pocket , and , if the enterprise proved a failure , he lost nothing . It is plain that burthens and privileges are closely corre ...
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Términos y frases comunes
administration American railroads bonds capital charges charter citizens combination commercial Commissioners common carriers competent competition concern considered Constitution construction contract coupons course court demagogue desire dividends doubt duty earning economical Eminent Domain England enquirer enterprise eral ex post facto existing favour floating debt foreign investor freight and passenger G. P. PUTNAM'S SONS Government holders inci incidents instance investment investor's point labour land lative leased lines legislation Let us suppose limited ment observer Octavo organized party passenger tariffs point of view political Political Economy pool probably produce profit proposed protection purpose rail Railroad Commission railroad companies railroad corporation Railway Age ready money reasonable reserved power result risks road rules and regulations scarcely securities speculative stockholders supply and demand tion to-day trade transporting companies whole worth