AN INDISPENSABLE WORK. - Although commanding the somewhat high price
of £3, I should imagine that the circulation of the Stock .Exchange Official Intelligence—the new edition of- which has just appeared—can only vary in the upward direction, for with the constant increase in the number of securities quoted it becomes, if possible, increasingly indispensable as the standard work of reference concerning public securities. For the most part the book is a compilation of all the securities of Governments and companies dealt in on the London Stock Exchange, but information is also given on a large number not so dealt in, and this feature has resulted in a great increase in the number of companies of which par- ticulars are given. Other new features in the present edition are notes on Estate Duty and War Debts and Reparations. Reference is also made to the Stock Exchange regulations made by the Minister of Health during the past year to safeguard subscriptions to loans issued by Local Authorities. Special chapters deal with Municipal and County finance, Indian finance, Dominion and- Colonial finance, British and Foreign finance and Company Law in 1932. The volume is edited by the Secretary of the Share and Loan Department of the Stock Exchange, and is published by Spottiswoode,