Common Stocks As Long Term Investments by Edgar Lawrence Smith

Author:Edgar Lawrence Smith
Language: eng
Format: epub
Publisher: Pickle Partners Publishing
Published: 2015-11-14T00:00:00+00:00

The market value of the holdings under this test at December 31, 1922, was $16,118, a gain of $6,103 over the purchase price in 1901. The total advantage of these railroad stocks over bonds for the same period may therefore be summarized as follows:

TEST NO. 10―1901-1922

This covers ten railroads with the largest amount of preferred and common stock outstanding in 1901, which paid dividends on their common stock in 1900. They are listed in the order of their size on this basis:

*See note under Test No. 9.

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