Investment, an exact science

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Monograph

Identifikator:: 865521182

URN:: urn:nbn:de:zbw-retromon-48767

Document type:: Monograph

Author:: Lowenfeld, Henry

Title:: Investment, an exact science

Place of publication:: London

Publisher:: The Financial Review of Reviews

Year of publication:: 1906

Scope:: 1 Online-Ressource (X, 160 Seiten)

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Chapter II - What influences the realisable value of stocks

Collection:: Economics Books

42 displayed by Japanese stocks is furnished by the shares of the Tokyo Tramway Com pany. The face value of these shares is 50 yen apiece. They rose from 43| yen to the enormous price of 405 yen between 1892 and 1896. From this point they steadily continued to shrink in value, until in 1904 they were quoted at 65 yen. The feat of a Tramway Ordinary share rising over 800 per cent, could only be possible in a country where the working of Joint Stock enterprise was but dimly under stood. As the general movement of some of the principal Japanese stocks is rather curious, we here illustrate them in the form of a chart. JAPANESE PRICE-MOVEMENTS, Names of Slocks. Price Movement During 189211893 1894 1835 1396 1897 1898 1899 1900 1901 1302 1903 1904 (J) Hokkaido Rly. Comp. Ord Share* © Tokyo City Bond* 6% (D Imp. 61 Con*. Loan © Yokohama Specie Bank Ord. Shares (6) Bank of Japan Ord. Shares © Japan Rly Co. Or Shares .... © Kwansal Rly. Ord. Shares © Japan Steamship C Ord. Shares © Kyûshü Rly. Co. On Shares .... © Osaka Steamship Co. Ord. Shares © Sanyo Rly. Co. Or Shares .... © Tokyo Tramway Ord. Shares

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