Full text : Investment, an exact science

125
We  have,  in  the  above  list,  named  some  80
different  Stock  Exchanges,  among  which  it
should  not  be  a  difficult  matter  to  find  just
the  stock  necessary  to  fit  in  with  any  kind  of
investment  scheme.
Whether  the  securities  held  by  an  investor
are  marketable  in  London  or  in  any  other
part  of  the  world  makes  nowadays  but
little  difference.  There  are  many  stockdealing ­
  firms  in  Great  Britain  who  are  in
daily  contact  with  eveiy  Stock  Exchange
centre,  and  by  means  of  telegrams  and  cable
transfers  stocks  can  now  be  quite  readily
bought  or  sold,  wherever  their  chief  market
may  be.  Quotations  for  all  stocks,  no  matter
where  they  are  dealt  in,  are  daily  obtainable
with  the  same  amount  of  facility,  provided
that  the  proper  firms  are  applied  to.
Those  investors,  however,  who  prefer  London
as  their  market  for  investment  transactions  will
not  find  it  absolutely  necessary  to  go  considerably ­
  outside  that  Stock  Exchange.  The
London  market  deals  in  a  great  variety  of
securities,  a  number  of  which  are  mainly  controlled ­
  in  other  parts  of  the  world,  and  a  very
fair  distribution  of  capital  can  be  achieved
by  confining  oneself  to  that  market  alone.
In  former  times  this  was  not  quite  the  case  ;
but  during  recent  years  the  position  in  this
            
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