Full text: Investment, an exact science

price-movements of the stock exchange values given by the bankers’ magazine. 
For the past ten years (1897-1906) the Bankers’ Magazine has published the aggregate values of 387 representative securities, divided into groups. These 
groups are here arranged, as far as this was possible, on the principle of Geographical Distribution, into two sections, the top section representing the British 
Stocks, the bottom section the Stocks of other countries. The value at the end of each year has been taken as the means of determining the direction of the 
zig-zag price-movement lines of each group. 
Nominal 
Value 
(in thousands). 
£ 
800,194 
36,379 
213,007 
171,118 
128,803 
7,342 
£ 
119,916 
100,335 
157,329 
65,944 
22,880 
CLASS OF STOCKS. 
BRITISH: 
(A) Government. 
(B) Corporation. 
(C) Railways, Ord. 
(D) Railways, Deb. 
1 H 
(E) Railways, Pref. 
® Gas. 
PRICK MOVEMENT OF BRITISH STOCKS OF KryvrTNAL VALUE OF £1,356,843,000. 
1904 
1901 
1903 
1897. 
1900. 
1905. 
1902. 
1898 
1899 
1906 
\ i 
X* 
\ 
tiu 
<8 
4- 
-f- 
9L 
2^ 
© BRITISH COLONIES 
* » » ••••••# m % 
@ EUROPE 
® AMERICA, NORTH. 
PRICE MOVEMENT OF STOCKS (OTHER THAN BRITISH) OF THE 
NOMINAL VALUE OF £<166,404.000. 
© AMERICA, SOUTH. 
© international. 
% 
© 
TD 
©- 
cxJi 
Reprinted from The Financial Review of Reviews. The above Chart is copyright, and may not be reproduced without permission of the Publishers of The Financial Review 
of Reviews.
	        
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