The American Economic Review, Volume 7,Edições 3-4American Economic Association., 1917 Includes annual List of doctoral dissertations in political economy in progress in American universities and colleges; and the Hand book of the American Economic Association. |
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Página 353
... bonds similar to other railroad bonds , they may be certificates of participation in a contract to purchase and hold a specific lot of rolling stock , or they may be shares in a permanent association . They are secured by tangible ...
... bonds similar to other railroad bonds , they may be certificates of participation in a contract to purchase and hold a specific lot of rolling stock , or they may be shares in a permanent association . They are secured by tangible ...
Página 354
... bonds bearing interest and payable in ten annual instalments . The plan was subsequently modified to permit the trustees to sell the equipment and redeem the bonds with the proceeds . For description of early forms see F. Rawle ...
... bonds bearing interest and payable in ten annual instalments . The plan was subsequently modified to permit the trustees to sell the equipment and redeem the bonds with the proceeds . For description of early forms see F. Rawle ...
Página 356
... bonds . The growth of their use was slow at first because associated with emergency financing . By 1890 the total outstanding volume of equipment obligations was less than $ 50,000,000 while in 1899 the amount had declined to ...
... bonds . The growth of their use was slow at first because associated with emergency financing . By 1890 the total outstanding volume of equipment obligations was less than $ 50,000,000 while in 1899 the amount had declined to ...
Página 358
... bond is- sues of the same roads was computed by averaging the yields on all the first mortgage , main - line bonds . In some cases not more than one or two issues could be used , but as these command a wide general market they indicate ...
... bond is- sues of the same roads was computed by averaging the yields on all the first mortgage , main - line bonds . In some cases not more than one or two issues could be used , but as these command a wide general market they indicate ...
Página 359
... bonds , and 5.29 per cent for the junior or general credit bonds . The economy of bor- rowing through equipment obligations is apparent . It is also apparent that the equipment obligations of insolvent roads main- tained a credit hardly ...
... bonds , and 5.29 per cent for the junior or general credit bonds . The economy of bor- rowing through equipment obligations is apparent . It is also apparent that the equipment obligations of insolvent roads main- tained a credit hardly ...
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