An Examination of Railroad Common Stock Returns, 1835–97

Performance of railroad common stocks listed on the Boston stock market is used to develop a railroad common stock index. Determines the annual rate of return, and compares these rates with the relatively riskless returns available at the time through government bonds.

Saved in:
Bibliographic Details
Published in:Journal of transport history 1994-03, Vol.15 (1), p.20-44
Main Authors: van Fenstermaker, J., Malone, R. Phil, Stansell, Stanley R.
Format: Article
Language:English
Subjects:
19th century
Communications
transports
civil engineering
Dividends
History of science and technology
Prices
Railroads
Railways
Securities markets
Stock exchanges
Stockholders
Technology
Transports
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Performance of railroad common stocks listed on the Boston stock market is used to develop a railroad common stock index. Determines the annual rate of return, and compares these rates with the relatively riskless returns available at the time through government bonds.
ISSN:0022-5266
1759-3999
DOI:10.1177/002252669401500103