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- Title
Making a market: selling securities in Atlantic Canada Before World War I.
- Authors
Armstrong, Christopher
- Abstract
Abstract. This paper is a study of the evolution of the capital market in Atlantic Canada in the years immediately prior to 1914. It documents the way in which promoter Max Aitken and his agents built up the Royal Securities Corporation as a financial intermediary using evidence about the firm's individual customers. The study demonstrates the methods used to allay uncertainties about corporate securities and the way in which the market for them developed as part of a wider process of economic growth which ultimately led to the creation of a national capital market.
- Subjects
CANADA; CAPITAL market; FINANCE; ROYAL Securities Corp.
- Publication
Canadian Journal of Economics, 1980, Vol 13, Issue 3, p438
- ISSN
0008-4085
- Publication type
Article
- DOI
10.2307/134703