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Corporation Finance; An Exposition of the Principles and Methods Governing the Promotion, Organization and Management of Modern Corporations

Corporation Finance; An Exposition of the Principles and Methods Governing the Promotion, Organization and Management of Modern Corporations


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About the Book

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1916 edition. Excerpt: ...1911 213,978,700 266,812,988 1912 146,728,320 280,782,982 Total $925,810,904 $1,461,608,612 The various proportions of the Canadian bond sales, for the same years, taken by the United States, Canada and Great Britain are shown in the following table: PERCENTAGE SHARES OF CANADIAN BOND SALES, 1905--1912 Year United States Canada Great Britain 1905 6.86 26.06 67.07 1906 7.62 43.16 49.20 1907 5.78 17.86 76.35 1908 3.21 12.52 84.26 1909 3.90 22.50 74.00 1910 1.50 17.00 81.50 1911 6.58 16.86 76.56 1912 11.91 15.96 72.13 143. Canadian prospectus and British investor.--In drafting a prospectus for the British market, those responsible for the sale of Canadian corporation securities must always bear in mind the conservative attitude and the demand for full information, of the British investor. The history of the company must be given, and details of past earnings, estimates of future earnings, details of assets, and so on. No tricks should be played in the prospectus. The facts should be given. Otherwise, if trouble should come later, the faith of the investor in the veracity and honesty of the promoters will disappear, which is not helpful, especially if further issues are to be made. It should be remembered that the maintenance of Canadian credit is important to every borrower. Sir Frederick Taylor, manager of the Bank of Montreal in London, expresses this very clearly. Writing in a Canadian financial paper, he says: It must be obvious to everyone with any knowledge of the subject, or who gives the matter intelligent consideration, that interruption--let alone stoppage--of the flow of capital from England into Canada would instantaneously check the development of the Dominion, with results bordering on the disastrous. It is not uncommon to hear...


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Product Details
  • ISBN-13: 9781154997897
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 148
  • Spine Width: 8 mm
  • Width: 189 mm
  • ISBN-10: 1154997898
  • Publisher Date: 01 Jan 2013
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 277 gr


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