Anaconda Copper Mining Co.
See " Accrued Interest."
Interest payable once a year. Very few investments have interest payable at such infrequent intervals, and are not considered as desirable as in the cases where interest is payable semi-annually or quarterly.
See " Hard Coalers."
See " Tax Relief Bonds."
The value set upon a property by an "appraiser."
The placing of a value upon a property; the value set.
One who is named by an individual or appointed by law to estimate values.
(First read "Arbitrage.") Securities upon which "arbitrage"business is done, but as domestic "arbitrage" - "shunting" as it is called - is not countenanced by the leading stock exchanges, those issues which are dealt in by "arbitrage " dealers between the London and New York markets are more particularly understood.
A dealer in "arbitrage." (See that subject.)
A fixed sum paid by a main line of railway to a branch, or connecting line, for freight originating on the latter, regardless of what is its proportion of the through rate on such freight. This is on the theory that a branch road, delivering freight to a main line, is entitled to more than its mileage proportion of the through rate.
Refer to "Triangular Operation," which is what is understood.
The various securities of the Argentine Republic dealt in on the London Stock Exchange.