Everybody's Guide to Money Matters: With a description of the various investments chiefly dealt in on the stock exchange, and the mode of dealing therein — John Shaqi
Everybody's Guide to Money Matters: With a description of the various investments chiefly dealt in on the stock exchange, and the mode of dealing thereinCotton, William, F.S.A., of Exeter
General
Everybody's Guide to Money Matters: With a description of the various investments chiefly dealt in on the stock exchange, and the mode of dealing therein
Cotton, William, F.S.A., of Exeter
Banks and banking -- Great Britain; Investments -- Great Britain; Money; Stock exchanges -- Great Britain
In the case of Inscribed or Registered Stock,
any amount can be invested, and the same is
registered in the books of the Bank of England
or elsewhere, in the name of the investor, in the
same way as the Government Funds. The divi-
dend or interest is sent to the owner's address
by an order payable at a bank, half-yearly or
quarterly, as the case may be, or it may, on
written instructions being sent to the agents, be
transmitted to the credit of the account of the
holder at his own bankers periodically. This is
by far the best plan; it saves trouble and risk,
and, for the matter of that, something in postage.
It is, moreover, the method much preferred
by the agents themselves, and it involves no
additional expense.
The following is a list of the Inscribed Stocks
of the Colonial Governments, with an example
of the way in which the market price, which
of course varies almost from day to day, is
quoted:-
COLONIAL GOVERNMENT INSCRIBED STOCKS.
---------------------------------------------------------------------------------------------------------------------------------
| | | | | | | | |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
| | | | | | | | |
|----------|----------|-----------------|---------|-----|------------------------------------------------------------------------
| £ | £ | | | | | | |
| 100,000| 100,000| 1 Mar. 1 Sept.| 4 Aug. | 4 |Antigua 4% Inscribed Stock | 1919-44 | 115 - 117 |
| 375,000| 375,000|15 Mar. 15 Sept.| 17 Aug. |3 1/2|Barbados 3 1/2% Inscribed Stock | 1925-42 | 109 - 111 |
| 1,120,000| 969,940| 1 Jan. 1 July | 16 Dec. | 3 |British Columbia (Province of) 3% Insc. Stock | 1941 | 101 - 103 |
| -- | 194,500|15 Jan. 15 July | 16 Dec. | 4 |British Guiana 4% Inscribed | 1935 | 118 - 120 |
| 7,505,800| 7,505,800| 1 May 1 Nov. | 19 Oct. | 4 |Canada 4% Stock Registered |1904-4-6-8 | 105 - 111 |
| 3,975,614| 3,975,614| 1 Jan. 1 July | 15 Dec. | 4 | Do. 4% Reduced (late 5%) Registered | 1910 | 109 - 111 |
| 4,550,300| 4,550,300| 1 June Dec. | 16 Nov. |3 1/2| Do. 3 1/2% Stock Registered | 1909-34 | 107 - 109 |
| 3,431,700| 3,431,700| 1 Jan. July | 15 Dec. | 4 | Do. 4% Loan for £4,000,000 | 1910-35 | 110 - 112 |
|10,939,834| 9,978,021| " " | " | 3 | Do. 3% Stock Registered | 1938 | 102 - 104 |
| 3,000,000| 2,115,152| 1 June 1 Dec.
Public-domain text, read in full here on John Shaqi.
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