. American railroads and British investors . s to trust to them. Perhapsone or two of the very best shares (their names aregiven in Table IX., on page 172), may be occasionallymixed with bonds. But wise persons had better givea wide berth to all others, no matter whether theypay dividends or not. In conclusion I give a few tables showing selectionsof desirable and safe investments of different were made out before the recent fall occurred,but I see no necessity for alteration as the fall wasabnormal, and is in the course of being rectified as thiswork goes to press. The tables are
. American railroads and British investors . s to trust to them. Perhapsone or two of the very best shares (their names aregiven in Table IX., on page 172), may be occasionallymixed with bonds. But wise persons had better givea wide berth to all others, no matter whether theypay dividends or not. In conclusion I give a few tables showing selectionsof desirable and safe investments of different were made out before the recent fall occurred,but I see no necessity for alteration as the fall wasabnormal, and is in the course of being rectified as thiswork goes to press. The tables are adapted to the wellknown principle which spreads a sum of money overvarious investments in order to reduce risks; and withthe help of Appendix A everybody can compile liststhat will suit him. Of course, upon a vast numberof bells an infinite variety of changes can be rung;but it will be best to select bonds maturing at distantperiods, and mixed in such manner that they aresecured by liens upon properties in different sectionsof the 170 LISTS FOR INVESTORS. List No. 1. First Class Gold Bonds. Cost p. ct. Yield p. ct. $1,000$1,000 $1,000 Illinois Central 3» p. ct. due 1951 Peunsylvania 4 p. ct. Equipmt. Trust due 1914 New York Central 7 p. ct. 1st Mort. due 1903 97104126^ 98 96 3 13 6 3 17 9 4 2 6 $1,000$1,000 Cleveland, Cin., Chic. & St. L., Cairo p. ct. 1st, due 1939 Minneapolis, St Sainte Maine & Atlantic4 p. ct. 1st Mort., due 1926, Pacific 4 4 34 4 9 Investment of £1,043 to yield about £4 Os. per No. 2. First Class Sterling Bonds. Cost p. ct. Yield ; £200£200 Pennsylvania 6 p. ct. General Mort. due1910 Chicago & Alton, 6 p. ct Consol. 1903 128118112132 4 0 04 19 £200 Baltimore & Ohio 4^ p. ct. Sterl. 1933 3 18 3 £200 Philadelphia & Erie 6 p. ct. Sterl. 1920 4 8 6 Investment of £980 to yield about £4 Is. per No 3. First Class Miscellaneous Bonds. $1,000 £200$1,000 £200$1,000 Chic, St
Size: 2069px × 1208px
Photo credit: © Reading Room 2020 / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookcentury1800, bookdecade1890, bookidamericanrailroad00vanoric
