(Kohn, Josef). Die Privatspeculation an der Börse.

Vienna, (printed by F. B. Geitler) im Selbstverlag des Bank- & Börsenhauses Jos. Kohn & Comp., (November 1870).

8vo. 18, VIII pp. Original printed wrappers.


A brief introductory manual about the pitfalls and opportunities of private stock market speculation, published as an advertisement to garner private investments for the issuing Viennese banking house Kohn & Company. Includes examples such as how to influence the stock market by forming powerful consortiums or how to short-sell assets whose value one assumes is going to decline (both of which services Kohn & Co. offer to their clients). The over-expansion of the market in the early 1870s, of which the present pamphlet presents but a symptom, would lead to the Panic of 1873: on May 9th, "Black Friday", the Viennese stock exchange would crash resoundingly, to be followed by depression and inflation.

Insignificant traces of creases to lower corner, but well preserved. Rare.

Stock Code: BN#48047 Tags: , , ,