Corporation Reports Assets 1
Corporation Reports: Assets 1. Character Of Reports.—all Railroads Make Re Ports To Their Shareholders, And Uniform Reports Are Filed With The Interstate Commerce Commission At Washington. Most Industrial Corporations Publish Reports, Altho There Is To Be Found Among Them The Utmost Variety, From Explicit Statements To Meager Information. Few Mining ...
Corporation Reports Liabilities Income Accounts
Corporation Reports: Liabilities-income Accounts 1. Capital Liabilities.—liabilities May Be Classed As Capital, Current And Deferred, In Analogy With The Di Version Of Assets. Capitalization May Be Divided Into Preferred Stock, Common Stock And Funded Debt ( Bonds, Debentures, Etc.) . The Difference Between Tangible Assets And Capital Obligations Will Gen ...
Farm Mortgages 1
Farm Mortgages 1. History And Importance.—it Has Been Estimated Recently By The Federal Government That Approxi Mately $3,500,000,000 In Farm Mortgages Upon The Agricultural Lands Of The United States Is In Exist Ence. Of This Sum The Life Insurance Companies Hold $660,000,000, The Savings Banks And Trust Companies $542,000,000, And ...
General Rules
General Rules Let Us Set Down, In Conclusion, A Few Rules Which Will Serve To Summarize The Chapters Which Have Gone Before, And To Suggest Starting Points For Further Studies On The Part Of The Reader. These Rules Are Not Offered As Final And Complete Pieces Of Armor, Guaran Teed ...
Industrial Securities 1
Industrial Securities 1. Industrial Development.—the Amount Of Capi Tal Invested In Industrial Securities In The United States Is Supposed To Be About Fifteen Billion Dollars. This Total Represents The Practically Complete Conver Sion Of American Business From The • Partnership To The Corporate Form, As Well As The Progress Which ...
Investment Barometers 1
Investment Barometers 1. Gauging Business Conditions.—in The Study Of The Cycle Of Trade It Is Necessary To Select Certain Sta Tistics Which Reveal Money And Banking Conditions, Business Conditions, And Investment Conditions. These Statistics Are Used As Barometers And Inferences Are Drawn From Them About The Conditions Which Can Not ...
Law Of Municipal Bonds
Law Of Municipal Bonds 1. Importance Of Correct Procedure.—the Ques Tion Of The Legality Of Municipal Bond Issues Is Con Sidered By Bond Houses To Be Sufficiently Complex To Warrant The Employment Of A Consulting Attorney Who Makes A Specialty Of That Branch Of Domestic Law. The Subject Is Complicated ...
Mining Investments 1
Mining Investments 1. Shadow On A Great Industry.—in The Book Of Rules Issued By Marshall Field And Company Of Chicago, For The Information And Guidance Of Their Employes, There Is To Be Found The Following Para Graph: Any Employe Found To Have Advised Another Employe Or A Customer (without The ...
Public Bonds Of Domestic
Public Bonds Of Domestic Origin 1. Federal Bonds Of The United States Government, Like Those Of Most State, Municipal And Local Debt-contracting Governments, Are Unsecured Ob Ligations Resting Only Upon The Pledge Of The Issuing Government. In Case Of Default On Federal Issues There Is No Redress, For The Government ...
Public Bonds Of Foreign
Public Bonds Of Foreign Origin 1. Canada; Development Of Field.—it Has Been Said That Canada Is Now, Industrially, Where The United States Was In 1875. If This Is So We May Name Certain Features In Which It Is Much Better Off Than This Country Was Then. It Has Not The ...
Public Utility Securities 1
Public Utility Securities 1. Utility Corporations Are Those Which Operate Under A Franchise And Furnish Public Service Of Any Kind. They Usually Employ The Streets For A Portion Of Their Permanent Equipment. The California Law Includes Under The Term "public Utili Ties," Companies Operating Railroads, Street Railroads; Express Service, Sleeping ...
Railway Securities 1
Railway Securities 1. Characteristics Of Railways.—some Of The Spe Cial Features Which Characterized The Railway Business From An Investment Point Of View, And Which Distin Guished It From Other Businesses, Were The Unique Character Of The Physical Equipment Necessary, And The Commercial Geography And Interline Traffic Rela Tions That Determine ...
Securities Of Corporations 1
Securities Of Corporations 1. Assets Versus Investments.—it Has Been Said Often That, In American Corporation Finance, Bonds Represent Fixed And Tangible Assets, Preferred Stock Represents Current Assets, And Common Stock Repre Sents Intangible Values, Excess Earning Power And Hopes For The Future. Real Estate And Buildings May Be Represented Perhaps ...
The Cycle Of Trade
The Cycle Of Trade 1. Market Movements.—if The Investment Market Were Of Such A Character That Each Type Of Security Might Be Brought To A Stable Price By The Force Of Supply And Demand The Task Of The Investor Would Be Very Much Simplified. The Market For Securities Is, However, ...
The Fairy Land Of
The Fairy Land Of Finance' 1. Signs Of Great Change Has Taken Place In The Investment Market During The Past Twenty Years. Formerly, Small Investors Put Their Money In Houses And Lots, Farm Lands, Building And Loan Associa Tions And Local Manufacturing Concerns. The Only Distant Corporations To Which They ...
Urban Real Estate 1
Urban Real Estate 1. Structure Of A City.---a City Is An Organism That Has Differentiated But Logically Related Parts, Each Of Which Is Devoted To A Distinct And Separate Use. The Function Of The Whole Organism Is To Pro Mote The Convenience And Comfort Of The Inhabitants. It Is The ...