i8 



Minnie TJiroop England 



decline may be reversed. However, before discussing the reason 

 for the order of fall as shown by the above table, it seems best to 

 consider stock exchange prices and their part and place in the 

 downward movement. The following table is offered : 



Table XII 

 Maximinit Point Before a Crisis 



In table XII there is again an absence of uniform movement, 

 and for this reason the same data are presented in the form of 

 ranks'- instead of years, that the movement may be more readily 

 traced. 



Table XIII 

 Maximuui Point Before a Crisis 



'Other securities. 



"The class which reaches its maximum point first is designated 1, the 

 next '.I, etc. In the crisis of 1X57 in luigland, stock exchange prices 



58 



