Number of miles placed in receivers' hands, 1907–17, 446. — List of principal companies which failed, 449. — Causes of failure, 454. — General nature of reorganizations, 462. — Provision for cash requirements, 466. — Reduction in fixed charges, 467. — Volume of capitalization before and after reorganization, 469. — Changes in rates of interest on outstanding bonds, 470. — Analysis of capitalization, 472. — The use of income bonds, 473. — Treatment of outstanding preferred stock, 476. — Treatment of general mortgage bonds, 481. — Conclusion, 483.