Note 181-5 — Chapter IV

Thus, for instance, Leipzig-Dresden railroad stock cost originally 100 thalers per share, and was taken at that rate. The yearly dividends amounted in 1856 to 13 thalers; that is, 13 per cent. for the original stockholders. But a person who on the 30th September, 1856, paid 285 thalers for a share, received but an interest of 4½ per cent. on his capital. It is characteristic, how Serra, Sulle Cause, etc., 1613, I, 9, calls the high and the low rate of interest prezzo basso e alto delle entrate.