5 xii CONTENTS
SECOND SUMMARY
INTRODUCTION
OHAPTER PAGER
I. Wearrs . . . . i . . . . . 3
II. ProPERTY . . . ; . . . . . 18
mm. Urry . » . . 2 . . . > 41
PART 1
IV. Carmrar . . . . . . . - 51
V. CariraL ACCOUNTS 66
VI. Carita SUMMATION . . . . . . 90
PART II
VII. INcoME . ; : ’ . . . : . + 101
VIII. Income ACCOUNTS . : . . ” . . + 119
IX. Income SUMMATION . . . . * . . « 1
X. Psycnic Income ‘ . i . . . . . 166
PART III
XI. Four INCOME-CAPITAL RATIOS . . . . . +. 183
0 XII. ConNcepr OF RATE OF INTEREST . ’ . . «19
H XIII. Varue or CAPITAL . . . . . . . . 202
| XIV. EARNINGS AND INCOME ‘ . . . . v . 291
XV. Carirar AND INCOME ACCOUNTS . . . . . 256
XVI. Tae Risk ELEMENT . ‘ . . . . . . 285
PART IV
XVII. Summary or Parr III . . . . > . . 308
XVIII. GENERAL SUMMARY . . . + : . : . 928
GLOSSARY. SUMMARY OF DEFINITIONS . v » - : . 320
APPENDICES . . : . . . o . . . . 341
INDEX ’ . ‘ ‘ . . v . ' . . 413