Items related to Moody's manual of investments, American and foreign;...
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1921 Excerpt: ... tons; in 1916, 26,485,931 tons; in 1917, 30,477,491 tons; in 1918, 30,372,777 tons; in 1919, 25,982,548 tons; in 1920, 28,315,359 tons. Anthracite coal in 1917 amounted to 12,587,055 tons; in 1918, 12,203,916 tons; in 1919, 10,418,250 tons; in 1920, 10,219,849 tons. Yard tracks and sidings, Dec. 31, 1920, 1,022.29 miles. Of the total mileage of main line operated, 236 miles is directly owned, and the balance is leased or otherwise controlled. Comment: During the year 1920, the company reported a further substantial increase in both passenger and freight density and its train mile earnings reached the best figure of the decade. The company is now being benefited by better average freight rates than formerly and its heavy coal tonnage is undoubtedly being handled at a substantial profit. For many years this company has been an important transporter of anthracite coal, this item of tonnage generally representing from fifty-five to sixty per cent of the total business done. TABLE B.--Income Factors (Earnings and Their Distribution, Per Mile of Road) Special Note: During 1918, 1919 and a portion of 1920, this company was operated by the United States Government, and the actual income available for fixed charges had no direct relation to the operating earnings during this period. In the above table the figures shown in italics for the years named are based on the corporate income account and not on the operating results. Balance (df.) $6,740,011 $1,293,016 $6,462,620 $5,870,607 $3,788,694 $1,044,029 $2,235,366 Earned on stock 10.0% 23.0% 35.2% 86.4% 29.93% 25.72% 24.35% Outside operations included in gross and net revenues. t Years ended June 30. The percentage, as shown, of amounts earned on stock is after deducting appropriations for improvements. Note: For pu...
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- PublisherRarebooksclub.com
- Publication date2012
- ISBN 10 1231198087
- ISBN 13 9781231198087
- BindingPaperback
- Number of pages900
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