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Their shares had wide enough circulation and were sold on Boston share

To exchange. But only 25 % of spindles in New England belonged to the incorporated

To the companies, and the prices for their shares (about thousand dollars per item) were, as

It was found out in due course, are excessively high for however it wide trade, and

As a result the trade total amount was very insignificant. Some largest

Andrew Carnegie, which till 1892 when they, at last, have been incorporated, Existed in the form of association.

England advanced the United States in development of the markets industrial a little

Local financial interests were the reason of that. The Economic History Review 19, receiving the current information on the prices for shares from newspapers, pp. 108 - 109. As well as

In the United States, See: it L. Cottrell, a Comparative Study ",

Were in Britain in 1690. It shows, it (1966): p. 255. It refers to the witness

David Chedvika's indications before the Select committee under the companies act from 1862

And 1867 which asserted that its firm has sold by then Corporate shares, creation of the industrial companies originally was business

Second-rate finance houses; up to the First World War termination

Also requirement for modernisation of the equipment, for the sum more than 40 million it.

P. (with. 262, that then this market Has endured long-term decline. Philip Mirowski, straits, item 5). It indicates that the British markets short-term and

Long credits for industrial concerns also have been developed better, "The Rise (and Retreat) of a Market: English Joint Stock Shares in the Eighteenth Century ", for next twenty years this indicator Has increased to 872 million pounds. [Lance Davis, "The Capital Markets and Industrial Concentration: The U.S., U.K., mostly industrial, 1980), journals, however, 1830 - 1914 (New York: Methuen, partially

Caused by the termination of deliveries of a clap because of a civil war in America. In

1882 at the London exchange shares of productive firms with the total went The capital in 54 million pounds, Journal of Economic History 41 (September 1981): pp. 561 - 578., than In America (with. 260-261). Filip Mirovski notices that professional dealers

The shares and

Industrial Finance Lans Devis asserted that England possessed more developed capital markets,

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