Most Viewed Automatic Re-investment Of Dividends
Canals And Docks
American Railways
Bonuses
British Government Funds
Banks
Foreign Government Stocks
Borrowers
Colonial Government Securities
Dividends
Least Viewed
Insurance Companies
Surrenders
The Stock Exchange
Loans - The Interest On Which Is Guaran-teed By The British Government
Mortgages
Loans To Corporations And Counties Of The United Kingdom
Terminable Annuities
Table Of Interest On Investments Sample
Railways
Government Annuities
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Foreign Railways
The capital of foreign railways consists of
obligations, stocks, and shares. The obligations
are in the form of bonds, being a first charge on
the railway. The bonds vary in amount, but
chiefly represent £100 and £20, and they bear a
certain rate of interest. Some of the Conti-
nental railways may offer a fair investment in
this way, but great care is required in the
selection.
The stocks and shares of some of the South
American railways command a high premium,
but of the whole number quoted in the official
list the large majority show a heavy decline on
the original value, many indeed being valueless.
These stocks are highly speculative and subject
to be affected by political convulsions and other
contingencies, which make them undesirable as
an investment.
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