Responsibility of states for damage caused in their territory to the person or property of foreigners

Bibliographic data

Monograph

Identifikator:: 101034126X

URN:: urn:nbn:de:zbw-retromon-20183

Document type:: Monograph

Author:: Arndt, Adolf http://d-nb.info/gnd/117662690

Title:: Zur Geschichte und Theorie des Bergregals und der Bergbaufreiheit

Edition:: Zweite verbesserte und vermehrte Auflage

Place of publication:: Freiburg im Breisgau

Publisher:: J. Bielefelds Verlag

Year of publication:: 1916

Scope:: 1 Online-Ressource (288 Seiten)

Digitisation:: 2018

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

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Document type:: Monograph

Structure type:: Chapter

Title:: Das Böhmisch-Mährische Bergrecht

Collection:: Economics Books

JAS. H. OLIPHANT & CO. cake, the company is engaged in manufacture of over 400 varieties of biscuit, mostly packaged and under trade names. Capitalization consists of $24,804,500 7% preferred stock (in the first rank of industrial preferred issues) and 2,046,520 shares of common stock, $25 par value. There is no bonded debt. Current assets December 31, 1926 were $32,525,000 (including $21,117,000 cash and marketable securities) and current liabilities $5,465,000. Plants were carried at $73,700,000. Book value of the common was $34 a share. Earnings were reported in 1926 of $6.32 a share on the common stock, in 1925 $5.78, in 1924 $5.45 and 1923 $5.05. The wide con- sumption of the company’s products as staple foods, continuity of demand together with fortnightly turnover of inventory and rich treasury position provide splendid buttresses for crises of depres- sion or price inflation. A 13% increase in net in the first half of 1927, with $3.52 per share earned, indicates widening margin above current $5 dividend basis. Excellent management caps the qualifications of National Biscuit stocks to investment rating in their respective classes. New York Central R. R. Instead of the small part now received as dividends, almost the whole earnings of three important subsidiaries will be taken into income by New York Central R. R., if the leases proposed last year are executed. For the common stocks of the three roads, Michigan Central R. R., Cleveland, Cincinnati, Chicago & St. Louis (the ‘‘Big Four’’) Ry., and Cincinnati Northern R. R., the earnings combined were $30,800,000 in 1926 and $30,700,000 in 1925 as compared with $10,150,000 and $8,040,000 dividend pay- ments. Thanks to ownership of these stocks at least 99.29, 91.3% and 97.7% respectively, the full $20,000,000-0dd surplus earnings can be collected by paying less than $500,000 annual cunaranteed dividends to minorities. By itself, the New York Central reported earnings per share $14.50 in 1926 and $12.70 in 1925 on $3883,258,000 stock, including $87,937,000 mostly issued in 1925 at 105 in bond conversion, $12.90 in 1924 on $304,837,000 stock, including $24,902,000 sold at par to stockholders, $16.70 in 1923 and $7.70 in 1922 on approximately $268,000,000 stock, including $18,640,000 exchanged for $21,186,- 000 Big Four stocks, and $6.70 a share in 1921 on the $249,597,000 stock outstanding sinee the 1914 formation of the present com- [54 1

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