The Careful Investor

acres advance American amount assets Atchison banker banking house basis bituminous coal bond-holder bonds issued borrower broker capital cent charges Commission common stock competition construction convertible debenture coöperation cost creditors customers debentures debt decline default demand directors district dividends earnings enterprises erty example farm mortgage follows franchise furnished gold holder income increase interest Interstate Commerce Commission investigation investment investment-banker investor issue of bonds jobber land large number lender loan loss manufacturing industry ment method monopoly municipal bonds natural monopolies North Dakota offered operation organization owner paid pany Pennsylvania Pennsylvania Railroad plant population preferred stock production profits prosperity protect public-service corporations purchase railroad railway rates reasonable return reduced risk safe sell shares sinking fund sold steel stock exchange stock-holders street-railway supply taxes timber tion traffic trust United yield York Central