96 
of our upstanding pins as possible. In this 
way, also, the equipoise of our investment 
risks will remain undisturbed. 
For very large amounts of capital, more 
than the ten suggested Geographical Divisions 
may be made by means of further sub 
divisions, care being taken always to secure 
a well-balanced distribution. At the end of 
Chapter VII. of this book will be found an 
extended list of all the principal Stock 
Exchanges of the world, showing the main 
divisions under which they fall, and in each of 
which it is possible to find stocks that are 
mainly or wholly controlled by its own market 
dealings. 
In addition to the division of the earth’s 
surface into contrasted trading centres, it will 
be seen from the coloured map that we have 
included a tenth division, which bears an 
international aspect. In this division we 
include all the undertakings or concerns 
which trade between nations, like Shipping 
Companies, Marine Insurance Companies 
and Cable Companies. This is an extremely 
important division and it should be repre 
sented in every Investment List where the 
smallness of the capital sum precludes 
the investor from achieving a world-wide dis 
tribution. The reasons for always investing a