The Tendency Towards Industrial Combination a Study of the Modern Movement Towa
The Tendency Towards Industrial Combination a Study of the Modern Movement Towa
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In our eReader you can find the full English version of the book. Read The Tendency Towards Industrial Combination a Study of the Modern Movement Towa Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Tendency Towards Industrial Combination a Study of the Modern Movement Towa
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It is very surprising to find how long iron and steel manufacture may be carried on by firms without making any distribution of profits on their ordinary stock, or a satisfactory return on any invest- ments. Thus it comes about that the iron and steel markets, almost normally, are extremely sensitive and liable to fluctuation. This feature has been frequently referred to. Thus it has been said that, particularly in unsettled times, the ofi^er of several thousands of tons of pig-iron or steel in... markets like Glasgow or Middles- borough at a few shillings below current prices would completely demoralize the market and almost create a panic.^ It should be noted that this is also said to be partly the result of the policy of " warrants " in the iron trade. These circumstances and the rapid fluctua- tions of prices are clearly seen when one follows the course of prices.
Another influence which intensifies and afro-ravates the tendency towards instability of prices in these indus- tries is that referred to by a witness before the Tarifl^ Commission — viz.
What to read after The Tendency Towards Industrial Combination a Study of the Modern Movement Towa?
You can find similar books in the "Read Also" column, or choose other free books by George Reginald Carter to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
It is very surprising to find how long iron and steel manufacture may be carried on by firms without making any distribution of profits on their ordinary stock, or a satisfactory return on any invest- ments. Thus it comes about that the iron and steel markets, almost normally, are extremely sensitive and liable to fluctuation. This feature has been frequently referred to. Thus it has been said that, particularly in unsettled times, the ofi^er of several thousands of tons of pig-iron or steel in... markets like Glasgow or Middles- borough at a few shillings below current prices would completely demoralize the market and almost create a panic.^ It should be noted that this is also said to be partly the result of the policy of " warrants " in the iron trade. These circumstances and the rapid fluctua- tions of prices are clearly seen when one follows the course of prices.
Another influence which intensifies and afro-ravates the tendency towards instability of prices in these indus- tries is that referred to by a witness before the Tarifl^ Commission — viz.
What to read after The Tendency Towards Industrial Combination a Study of the Modern Movement Towa?
You can find similar books in the "Read Also" column, or choose other free books by George Reginald Carter to read onlineMoreLess
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