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Stock exchange investments in theory and practice

Published online by Cambridge University Press:  18 August 2016

Abstract

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Type
Other
Copyright
Copyright © Institute and Faculty of Actuaries 1939

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References

page 69 note * I shilling = 43·63636 grains of fine silver. Price of silver, 21 October per fine ounce. Value of silver contained in one shilling = 1·7898d.

page 83 note * Exports above the normal. It is, of course, necessary for the exporter to prove that he could not sell his goods without the benefit of these provisions.

page 85 note * The Austrian Government International 7% Loan was issued in 1930 in several countries to the extent of about £21,000,000 or its equivalent in other currencies. It was secured on the gross receipts of the custom duties and tobacco monopolies subject to the Guaranteed Loan of 1923–43 (since redeemed). The loan was authorized for productive capital expenditure on railways and postal and telegraph administration.

The City of Saarbruecken 6% Sterling Loan was issued in 1928 to the extent of £1,000,000. By the Treaty of Versailles, the Saar was governed by a Commission appointed by the Council of the League of Nations. Following a plebiscite held in January 1935 the government of the territory was transferred to Germany.