* * * * AN INDISPENSABLE WORK.
It is literally true to say that the Stock Exchange Official Intelligence—the volume of which for 1929 has just been published—becomes more indispensable every year. During the past year no fewer than 613 new companies have been added to this stupendous volume, but no matter how fast the number of companies or of securities grows, the compilers of the work maintain their reputation for accuracy. Quite apart from new companies, the volume contains particulars of 42 new Loans for nearly £300,000,000 raised by various Governments and Public Authorities during last year. In addition, there is a large amount of valuable statistical matter relating to Municipal, Colonial and. Indian finance, with some special articles on Indian Finance, War Debts and Company Law. I would like particularly to draw attention to a useful addition to the Home Railway section, in which is given a statement of the results of the " Four-grouped " system.
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