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" ... the rate of interest. The price of 5 per cent, stock at the beginning of 1822 was advanced to 6 or 8 per cent, above par, and advantage was taken of this circumstance to induce the holders to exchange each 100/. of 5 per cent, annuities for 105?.... "
Taxation considered; with the reprint of a pamphlet on that subject ... - Стр. 14
авторы: Taxation - 1849
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The Penny Cyclopaedia of the Society for the Diffussion of Useful ..., Том 16

1840
...to be obtained, even during a profound and long-continued peare, will probably be derived from the lowering of the rate of interest. The price of 5 per...for 105?. of 4 per cent, annuities. On this occasion 140,260,8281. of 5 per cent, stock was cancelled, and 147,263,326?. of 4 per cent, stock was created,...
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The Penny Cyclopædia of the Society for the Diffusion of Useful Knowledge

1840
...to be obtained, even during a profound and long-continued peare, will probably be derived from the lowering of the rate of interest. The price of 5 per...advantage was taken of this circumstance to induce «iu- holders to exchange each {(to/, of 5 per cent, annuities br 105£ of 4 per cent, annuities. On...
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A cyclopædia of commerce, mercantile law, finance, and commercial geography ...

William Waterston - 1843
....»*.« In 1822, the reduction in the market rate of interest caused an advance of t»¿ per cent, stock to 6 or 8 per cent, above par, and advantage was taken of this i circumstance to induce the holders to exchange each £100 of 5 per cents for .£№->»i 4 per cents....
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Political dictionary [articles repr. from the penny cyclopaedia, ed. by G ...

Political dictionary - 1846
...even during a [*).> found and long-continued peace, «iB probably be derived from the lowering DEBT. the rate of interest. The price of 5 per ! cent, stock...circumstance to induce the holders to exchange each НЮ/, of 5 per cent, annuities for IDS/, of 4 per cent, annuities. On this occasion 140,250,828/....
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Illustrated London [engr. by A.H. Payne, with text by W.I. Bicknell. 2 pt ...

W I. Bicknell - 1846
...interest must always occasion. What we mean will be better understood by a reference to the actual fact. The price of 5 per cent, stock at the beginning of...to induce the holders to exchange each £100 of 5 par cent. annuities for £105 of 4 per cent. annuities. On this occasion, £140,250,828 of 5 per cent....
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Political Dictionary: Forming a Work of Universal Reference, Both ..., Том 2

1846
...the rate of interest. The price of 5 per > cent, stock at the beginning of 18:22 was ! advanced to С or 8 per cent, above par, and advantage was taken...circumstance to induce the holders to exchange each ICO/, of 5 per cent, annuities for 105/. of 4 per cent annuities. On this occasion 140,250,828/. of...
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A Cyclopaedia of Commerce, Mercantile Law, Finance, Commercial Geography ...

William Waterston - 1863 - Страниц: 1000
...:— In 1822, the reduction in the market rate of interest caused an advance of the 5 per cent, stock to 6 or 8 per cent, above par, and advantage was taken...induce the holders to exchange each £100 of 5 per cents for £105 of 4 per cents. Only a very small proportion of the holders dissented from the proposal,...
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