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Bog, hæftet Fenn's Compendium of the English and Foreign Funds, Debts and Revenues of All Nations; Banks, Railways, Mines, and the Principal Joint Stock Companies af Charles Fenn

Fenn's Compendium of the English and Foreign Funds, Debts and Revenues of All Nations; Banks, Railways, Mines, and the Principal Joint Stock Companies

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Excerpt from Fenn's Compendium of the English and Foreign Funds, Debts and Revenues of All Nations; Banks, Railways, Mines, and the Principal Joint Stock Companies: Forming an Epitome of the Various Objects of Investment and Speculation Negotiable in London; The Laws and Regulations o... Læs mere

Excerpt from Fenn's Compendium of the English and Foreign Funds, Debts and Revenues of All Nations; Banks, Railways, Mines, and the Principal Joint St... Læs mere

Produktdetaljer:

Sprog:
Engelsk
ISBN-13:
9781334347726
Sideantal:
634
Udgivet:
01-11-2016
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Excerpt from Fenn's Compendium of the English and Foreign Funds, Debts and Revenues of All Nations; Banks, Railways, Mines, and the Principal Joint Stock Companies: Forming an Epitome of the Various Objects of Investment and Speculation Negotiable in London; The Laws and Regulations of the Stock Exchange, &C

This is a rough estimate of the nominal values of marketable securities created in the London market during the past two years. As to the Foreign stocks, perhaps half the amount named may have been subscribed in foreign countries. The money actually paid up on the above £120 millions has been, if anything, below £80 sterling from all sources, foreign and domestic.

The joint-stock experience of the two past years has produced a counterpoise and a corrective. There have been passed into law the Audit Act the Regulation of Railways Act the amendment of the Limited Liabilities Act of 1862; and the abolition of Time Bargains in Bank Shares. These new laws may not, perhaps, quite cleanse joint-stock commerce from the taint of recent demoralization; but they are well meant, and in all probability will tend to a more healthy condition.

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Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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