In Hard Luck
Chicago, July 9.- Dunng the past six months, the current number of the Mailviay Age states, nineteen railroads, with a bonded debt of 167,168,000 and a nominal capital stock of $89,770,000, making a total of nearly $157,000,000 of securities, have been sold under orders of courts and passed into the hands of new proprietors. While these are very large figures, they are small in comparison with those which were given for the corresponding period of 1SS6, when, although the number of roads sold was less by two, the mileage was 5,U2 milds, or more than two and a half times that of the last sis months, and the appareat capital investment was nearly Í2y2,000,000, against $157,000,000 for the present year or nearly doublé.
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Ann Arbor Register