Page:Economic Reform Policy by Envoy Dodge (Dodge Line).pdf/44

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147 Preserve 01 Segurit des Market in our country 1. For the raising of eapital througn the payment of stocks presented in securities market, 1t 19 the presupposed condition that the stook concerned should maintains the market price over a standard. Because it is natural thet the stook holders do not gubscribe for the payment: anl 688 "15 19/ the atock price inoluding the premium over some extent. Of course the welve prerequisite to the above cannot help Increase of capital 16-18 the view of common sense that the Changing in accordance with the porcentage of necessary stook price should be maintained from 175 to 7100 at the mindum i promlum from 725 to 50), if we consider the dbable Increase of capitel the more bigger the percentage of the 1nare age 01 capital, the more higher the standard of the stook price w111 becomez). (If it le 25, the price with premium will become: 162.57 setting at the allotment percen- tage of stock 101 ders for new stook of increase of capital 1, Suppose the percentage of premium for new or old stock 19 the same.), and 1£ 10 18 1100, the price with prem 1 von will become 7.5. stockholders will not subsorible for payment unless they suppose the value, premium over $10, 760 at leest.) . 2, Judging the weekly average stook práce by enterprises published by the Osaka Stocks Exchange from the above standard price (100 description), the following table is shown. Kinds of enterprise From Oot. A to Oct. 27 Finance Eleotricity, gag Tzalis Textile Chemistry Machine Katal, refining Bioing Food Derenda Commerce Performance, civil engineering & Construction 140,09 45.81 86.41 1:14:56 59. 90 45 76

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61.50 79.61 75405 74.27 -25.55 Average ¥ 65 05 contud 0144 外交史料館 Diplomatic Archives of the Ministry of Foreign Affairs of Japan 国立公文書館アジア歴史資料センター Japan Center for Asian Historical Records National Archives of Japan