Statement of the Present Condition of the Philadelphia Reading Railroad Co
Language: English
Published by Forgotten Books, 2024
- Softcover
- New
Seller: Forgotten Books, London, United KingdomForgotten Books
AbeBooks seller since June 2, 2021
Condition: New
£ 15.20
Quantity: Over 20 available
Add to basketItem description from seller
Print on Demand. This book is an involved accounting document from a 19th century American railroad company, the Philadelphia & Reading Railroad. It contains presentations by the managers of the company, outlining their plans for restructuring debt and improving the company's financial position. The book is primarily concerned with securing funding for paying off the company's large outstanding debt, as well as reducing ongoing fixed charges in order to increase profit margins and return to solvency. The author, Frederick B. Gowen, expounds on the vast coal reserves owned by the company and argues that they represent a highly valuable asset. Nevertheless, Gowen also discusses weaknesses in the company's management and weaknesses in its financial strategy, and presents various plans to rectify these issues. The book provides insight into the challenges faced by American railroad companies in the late 19th century, as well as the financial strategies and accounting practices of the era. Furthermore, its discussion of the company's coal reserves offers a glimpse into the importance of natural resources in the development of the American economy. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. …
Seller Inventory # 9780331601381_0
- Title
- Statement of the Present Condition of the Philadelphia Reading Railroad Co
- Author
- Franklin Benjamin Gowen
- Publisher
- Forgotten Books
- Publication year
- 2024
- Condition
- New
- Book Type
- print-on-demand item
- Binding
- Paperback
- Language
- English
- ISBN 10
- 0331601389
- ISBN 13
- 9780331601381
- Seller catalogs
- General Administrative Records
In addition to the above surplus there has been some saving during the year, resulting from the Receivers having purchased a considerable amount of interest and having paid some rentals at less than the actual amounts due, but of which no account is taken in the above.
Upon the resumption of sinking funds next year, must be added to the total of fixed charges; the relief from scrip will be 'in 1881 and in 1882, after which full fixed charges must be paid.
In considering a plan for the extrication of the Com pany from financial difficulty, it is best to leave out of the question all temporary relief from scrip payments or suspension of sinking funds, and to deal with the total of fixed charges as they will be in 1883, when full payments, both for interest and sinking funds, must be made.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
"Synopsis" may belong to another edition of this title.
Forgotten Books
London, United Kingdom
AbeBooks seller since June 2, 2021
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Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.
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FB &c Ltd
Dalton House, 60 Windsor Avenue
London, United Kingdom SW19 2RR
Terms of sale
Forgotten Books publishes hundreds of thousands of rare and classic books.
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value.
The digital edition of all books may be viewed before purchase if you request a sample.
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