“International Statistics of Securities
and Stock Issues” by Dr. Zimmermann, Bank
Archiv, 1912, July 1.
Statistics of “transferable securities”, according to
International Statistical Institute
Bulletins (Alfred Neymarck).
In francs (000 million francs)
January 1, 1897—446,300 million.
| January 1, 1897 |
January 1, 1901 |
January 1, 1907 |
|||
|---|---|---|---|---|---|
| 1897— inexact
(p. 301) 1901— corrected |
Great Britain | 182.6 — | 215 —— | 125–130 | (p. 302)
(( actually existing securities )) |
| Holland—— | 13.6— | 15 | |||
| Belgium | 6.1 — | 8 | |||
| Germany | 92.0 — | 80 —— | 60–75 | ||
| Austria-Hungary | 24.5 — | 30 —— | 20–22 | ||
| Italy | 17.5 — | 17 —— | 10–12 | ||
| Rumania— | 1.2 — | 1.5 | |||
| Norway | 0.7 — | 1.0 | |||
| Denmark—— | 2.7 — | 2.2 | |||
| France— | 80.0 — | 135 —— | 95–100 | ||
| Russia | 25.4 — | 35 —— | 20–25 | ||
| Spain | — | 10 | |||
| Switzerland—— | —— | 8 | |||
| Sweden and others | —— | 5 | |||
| __ __ __ | __ __ __ | ||||
| Σ=446.3 | Σ=562.7 | ||||
| United States of America . . . . . . . . . . | 110–115 | ||||
| Japan . . . . . . . . . . | 5 | ||||
| Other countries . . . . . . . . . . | 30–35 | ||||
| 000 million |
|---|
| 1897—446.3 189 9—460 |
| 1901—562.7 (342.4) |
| 1907—732 (475–514) |
| 1911—815 (570–600)[4] |
The figures in brackets = an attempt to deduct over lapping and repetitions (about 2/3 of the previous figure) (p. 301) (“securities actually existing in trade or in the possession of individual states”).
See p. 68 of this notebook.[1]
| Totals for entire five-year periods: |
(p. 317) Issues 000 million francs |
|||
|---|---|---|---|---|
| Neymarck, Vol. XIX, No. II, p. 206 {{ |
1871–75 | — | 45.0 | [BOX:] [[ see pp. 68–69 here[2] ]] |
| 1876–80 | — | 31.1 | ||
| 1881–85 | — | 24.1 | ||
| 1886–90 | — | 40.4 | ||
| 1891–95 | — | 40.4 | ||
| 1896–1900 | — | 60.0 | ||
| 1901–05 | — | 83.7 | ||
| 1906–10 | — | 114.1[3] | ||
[1] See p. 147 of this volume.—Ed.
[2] See pp. 147–49 of this volume.—Ed.
[3] See present edition, Vol. 22, p. 239.—Ed.
[4] Lenin used these data in Imperialism, the Highest Stage of Capitalism (see present edition, Vol. 22, pp. 239–40). In the Notebooks the world total of securities, 815,000 million francs, is given for 1911, and in Imperialism, for 1910. Lenin took the figure from Zimmermann’s “International Statistics of Securities and Stock Issues”, which cites as its source a survey by Alfred Neymarck, who gives the figure as referring to January 1, 1911. p. 95
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