Borrowing and business in Australia

The work of the Stock Exchange

Bibliographic data

Monograph

Identifikator:: 176352146X

URN:: urn:nbn:de:zbw-retromon-145495

Document type:: Monograph

Title:: Documenti ispano-genovesi dell'Archivio di Simancas

Place of publication:: Genova

Publisher:: Co' tipi del R.I. de' Sordo-Muti

Year of publication:: 1868

Scope:: 291 Seiten

Digitisation:: 2021

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Documento LIV. Brano di altra del Gonzaga a S.M., circa lo stesso argomento ed i feudi dei Fieschi. 1547, 27 gennaio

Collection:: Economics Books

STOCK EXCHANGE AN INTERNATIONAL MARKET 527 which amounts to the fact that it was really the security market of New York that in large measure financed our cotton and wheat exports. Legislative Catos who occasionally delight in demanding the destruction or crippling of the New Vorl Stock Exchange would do well tc sonder these statisti. +400 +300 +200 +100 o0— ~100 - -200- -300 -400 -500 -600 mn -800 Figure 61. The Invisible Trade Items of Gold. Credit, and Security Sales Showing the relative importance of international security transactions in 1924-1929 in the U. S. Balance of Trade. Based on net statistics in Appendix XVIII: The figures above cited also show the great comparative importance of securities as a vehicle for balancing the interna- tional trade account.” In every year since 1923, security balances were greater than gold and credit balances combined. Obviously, therefore, the maintenance of liquid securities markets in this country plays a highly important part in maintaining the flexibility of our foreign trade, and the more negotiable securities can be rendered by stock exchange oper- ations the greater will be the strain thereby removed from our supplies of gold and bank credit. It was this fact primarily that induced the Exchange in 1928 to list the two huge British sterling war debt issues. Economic Functions of Foreign Security Investments. The transformation of the United States into an international creditor nation has occurred so swiftly that as yet our modes See Appendix XVIII;

Access restriction

Copyright

Full text: The work of the Stock Exchange

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation