The Independent . mors that theAtchison Railroad dividend would beincreased, and when the old rate wasretained, a decline of 2 points wascaused by sales. A report from the In-terstate Commerce Commission showedthat while the railroads gross revenuein November was greater by $23,750,-000 than in the corresponding monthone year earlier, the gain of netrevenue was only $161,000. This point-ed to a considerable increase of thecost of operation, due mainly to higherprices for everything a railroad com-pany must buy. Prices fell on the 10th, altho therewas no news to account for a loss f
The Independent . mors that theAtchison Railroad dividend would beincreased, and when the old rate wasretained, a decline of 2 points wascaused by sales. A report from the In-terstate Commerce Commission showedthat while the railroads gross revenuein November was greater by $23,750,-000 than in the corresponding monthone year earlier, the gain of netrevenue was only $161,000. This point-ed to a considerable increase of thecost of operation, due mainly to higherprices for everything a railroad com-pany must buy. Prices fell on the 10th, altho therewas no news to account for a loss for Steel was 3 % points. Areport showing that 488,744 tons hadbeen added to the companys unfilledorders did not check the downwardmovement. General Motors lost 14points, selling at 106%, a price whichmay be compared with 140 in the pre-ceding week. Money could be had oneasy terms, for the rate on call loanswas reduced to 1 V2 per cent. There wasrecovery in a broader market (988,000shares) on the 11th, owing to the.
Size: 2779px × 899px
Photo credit: © The Reading Room / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookcentury1800, bookdecade1840, bookpublishernewyorkswbenedict
