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market, though the control is generally in the
hands of Paris.
To the holder of stocks it is, for the
above reasons, not only important to know
where an enterprise is situated and where its
stocks were originally issued, but also which
financial centre happens to determine their
quotations.
Not only do wars, political troubles, trade
stagnation or prosperity influence the prosperity
of the enterprises and the prices of stocks
which are held in a country, but such
events as these also affect the stocks in which
that individual country is the dominant market.
This is a point which should be most carefully
considered by all those who desire to obtain a
real international distribution of risks.
Many investors object to hold stocks
which they do not see daily quoted in the par
ticular newspaper they regularly read, and this
fact alone prevents them from obtaining a
proper capital distribution. No newspaper is
able to quote all the really important stocks
of the world, as this item of intelligence alone
would suffice to fill the most voluminous
newspaper. The largest number of stocks
which are at present quoted in any newspaper
or periodical of any country are contained
in the Financial Reviere of Reviews. But