Publisher's Synopsis
Excerpt from The Portland Cement Industry From a Financial Standpoint
The Portland Cement Industry is of great and growing importance. Cement plants, when properly financed, located, constructed and managed, have made very satisfactory returns to their stockholders. There is still room in the industry for honestly and intelligently managed new enterprises, but competition is now so keen that there is no room for weak plants - for plants that are poorly located or designed, for companies that are dishonestly promoted or carelessly managed. The manufacture of cement is a legitimate industry, and the methods of mining promoters have no place in it.
The present little volume attempts to discuss cer tain features connected with the financial side of the Portland Cement Industry. It is hoped that it will prove of service both to the banker, who is invited to aid in the ?otation of cement securities, and to the investor.
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