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Quarterly Journal of Economics Vol. 32 No. 3 1918

Recent Railroad Failures and Reorganizations

Stuart Daggett

University of California System

Abstract

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.

DOI
10.2307/1883511
Volume
32
Issue
3
Pages
446
Sources
openalex crossref

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