The Investors Review Volume 8

The Investors Review Volume 8

By (author) 

List price: US$11.72

Currently unavailable

Add to wishlist

AbeBooks may have this title (opens in new window).

Try AbeBooks

Description

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. 1896 edition. Excerpt: ...capital, including acquisition of stocks. Co. buys two petroleum properties, comprising 44 oil wells, besides some rights to bore, and a controlling interest in a petroleum refinery in the oil belt of the Schodnica district in Galicia. Some very gushing accounts are supplied about the yield of oil and prospects, and a little arithmetical calculation is made to show a nett revenue of 120,000, equal to 16 per cent, per annum upon the capital now issued. If the Co. paid only half the purchase money it would not be buying over-cheaply. E. B1shop & Sons Ltd. (18th July) is formed to buy a pianoforte manufacturing business. Cap. 150,000 in 1 shares, equally divided in Ordy. and Six per'Cent. Cum. Pref.; purchase price 31,500, of which 30,000 is taken in Ordy. Shares. Object of present issue is to enlarge and extend business, but although the business was established as far back as 1862 we are only told about the past that the profits from 30th April 1894 to 5th October 1895 were 6881, or at the rate of 4800 per annum. The directors, however, say they anticipate being able to earn 27,000 profit, which would mean 25 per cent, dividend on the Ordy. Shares, and therefore, under the circumstances, we certainly do not advise an investment. Ind1an And Ceylon Tea Co. Ltd. (21st July).--Cap. 600,000in 10 shares, half Ordy. and half Five per Cent. Cum. Pref.; present issue 438,000 in equal parts. Properties in Assam, in the Dooars, and in Ceylon are to be combined under one management. Purchase price is 55, 4s. 8d. per acre under tea; and for the last two years the combined profits are said to have been 64,712, sufficient after paying the Pref. dividend to pay nearly 10 per...show more

Product details

  • Paperback | 202 pages
  • 189 x 246 x 11mm | 372g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 123682640X
  • 9781236826404