Three per Cent. “Consols” and “New Annuities,” which at the present market price yield barely 5 per cent.
Bank of England, Metropolitan Board of Works 3½ per cent., and Indian Government 4 per cent. stocks, which gives £3 2s. 6d. to £3 10s. per cent.
Canadian 4 per Cent. “Guaranteed” Loan, giving £3 15s. per cent.
Turkish 4 per Cent. “Guaranteed” Loan, giving £3 17s. 6d. per cent.
Bank of Ireland Stock, giving £3 10s. per cent.
Then you have 4 to 5 per cent. investments, quite secure:—
Governments.—Colonial Government Securities: Dutch, Belgian, French, and United States.
Railways.—British Railway Debenture Stocks, Indian Railway Debenture Stocks, British Railway Preference Stocks, Indian Railway Ordinary Stocks—these are guaranteed by the Indian Government—British Railway “Preferred” Ordinary Stocks, British Railway Ordinary Stocks.
Docks.
Last come 5 to 6 per cent. investments, which may be classed as moderately good:—