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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  particular ­
  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