TOTAL CAPITAL IN JOINT-STOCK COMPANIES (original) (raw)

Vladimir Ilyich Lenin

NOTEBOOK “α”

(“ALPHA”)


TOTAL CAPITAL IN JOINT-STOCK COMPANIES

What amounts do “they” control?

Bank-Archiv, XIIIth year. June 15, 1914.

“German joint-stock company reports, 1907-8—1911-12”....

1911-12 ... Number of joint-stock com- panies . . . . . . . . . . 4,712
their share capital . . . . . . 14,880 mill. marks
actual reserves . . . . . . . 3,515 ” ”
income . . . . . . . . . 1,470 ” ”
Number of companies paying dividends . . . . . . . . 3,481
Total dividend . . . . . . . 1,220 mill. marks=8.39%
Growth of capital:
from 1907 to 1915 (5 years)
=+2,766 mill. marks nominal
+3,346 ” ” at market value
!! **| ** above nominal