Wall Street and the Country: A Study of Recent Financial TendenciesG. P. Putnam's sons, 1904 - 247 páginas |
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Página 3
... meet the constantly growing demand for more efficient methods of giving mobility to capital . By mobility is meant facility for transferring capital promptly and without loss from one person to another . It was the use of money which ...
... meet the constantly growing demand for more efficient methods of giving mobility to capital . By mobility is meant facility for transferring capital promptly and without loss from one person to another . It was the use of money which ...
Página 8
... meet his needs , new demands for capital must be found from time to time , equal to the amount of capital created . To find such openings for investment is the business of the financier and pro- moter . He found them early in the nine ...
... meet his needs , new demands for capital must be found from time to time , equal to the amount of capital created . To find such openings for investment is the business of the financier and pro- moter . He found them early in the nine ...
Página 22
... meet the demand for new forms of investment arising from among those who were rapidly making money under favorable commercial conditions . In many cases it was found that the own- ers of the old establishments were willing to retire ...
... meet the demand for new forms of investment arising from among those who were rapidly making money under favorable commercial conditions . In many cases it was found that the own- ers of the old establishments were willing to retire ...
Página 36
... meet the new conditions ; but such errors are the almost inevitable incidents of a period of progress . They correct themselves in the furnace of com- petition better than they are likely to be corrected by paternal legislation , which ...
... meet the new conditions ; but such errors are the almost inevitable incidents of a period of progress . They correct themselves in the furnace of com- petition better than they are likely to be corrected by paternal legislation , which ...
Página 38
... meet . But the promoter brings these antithetical elements to- gether , and in this way is the means of creating a value which did not before exist , and which is none the less a social gain because much of it is absorbed by the ...
... meet . But the promoter brings these antithetical elements to- gether , and in this way is the means of creating a value which did not before exist , and which is none the less a social gain because much of it is absorbed by the ...
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Términos y frases comunes
afforded American Commissions amount Bank of England Bank of France bankers bonds Britain bullion bushel carried cash cent China coins commercial consumer convertible bonds corporations cost creased currency demand deposits dividends earning economic effect efficiency enterprises Europe export fall foreign France fund G. P. PUTNAM'S SONS gold countries gold standard Government growth hand important increased industrial investor issue kilometres labor legislation loans London long tons manufacturing ment miles modern monetary system mortgage national banks necessary nineteenth century ocean cable operation organization panies Philippines population preferred stock present price of silver produce exchanges productive power profits progress protection railway rate of interest recent reserve result rose rubles saved capital securities shares silver countries speculation stock companies stock exchange stock market supply tended tion trade transactions transfer trust companies United voting trust wages wealth wheat York
Pasajes populares
Página 218 - To exercise by its board of directors or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin, and bullion; by loaning money on personal security; and by obtaining, issuing, and circulating notes according to the provisions of this title.
Página 216 - ... 1. To act as the fiscal or transfer agent of any state, municipality, body politic or corporation; and in such capacity to receive and disburse money, to transfer, register and countersign certificates of stock, bonds or other evidences of indebtedness, and to act as agent of any corporation, foreign or domestic, for any lawful purpose.
Página 216 - To act as trustee under any mortgage or bond issued by any municipality, body politic or corporation, and accept and execute any other municipal or corporate trust not inconsistent with the laws of this state.
Página 216 - To take, accept and execute any and all such legal trusts, duties and powers in regard to the holding, management and disposition of any estate, real or personal, and the rents and profits thereof, or the sale thereof, as may be granted or confided to it by any court of record, or by any person, corporation...
Página 127 - ... men ; that is to say, if men were employed to furnish the power to carry on the industries of this country, it would require 21,000,000 men, and 21,000,000 men represent a population, according to the ratio of the census of 1880, of 105,000,000.
Página 92 - It would be practically unattainable by any other system. Thus through the publicity of knowledge and prices, the bringing of a multitude of fallible judgments upon this common ground to an average, there is afforded to capital throughout the world an almost unfailing index of the course in which new production should be directed. Suppose for a moment that the stock markets of the world were closed, that it was no longer possible to learn what railways were paying dividends, what their stocks were...
Página 216 - To receive deposits of trust moneys, securities and other personal property from any person or corporation, and to loan money on real or personal securities.