 | Railroads - 1911 - 460 pages
...from this office hace necer before centured to publish this net figure, but hace contented themselces with stating the amount of stocks and bonds reported...amounts as the amount not owned by railway corporations. It was not possible to say, nor have the reports ever undertaken to say, that this latter amount represented... | |
 | Slason Thompson - Railroads - 1911 - 512 pages
...accepted as measuring the claim of railway securities on railway revenues from $67,936 per mile of line to $58,050 per mile of line. The statistical reports...this net figure, but have contented themselves with staling the amount of stocks and bonds reported by the carriers as outstanding, and the amount of railway... | |
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... public" must exclude from outstanding capital all railway holdings. This has been done by the present investigation, and results in a reduction of the amount which general discussions have heretofore accepted as measuring the claim of railway securities... 