Business Affairs, Birth and Death

Arild Stubhaug ()
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Arild Stubhaug: University of Oslo, Department of Mathematics

A chapter in Gösta Mittag-Leffler, 2010, pp 413-417 from Springer

Abstract: Abstract In his diary for April 8, 1892, Mittag-Leffler noted: “Severe financial worries. All stocks dropping sharply.” He had bought shares in Stockholm’s breweries worth 78,000 kronor, i.e., 156 shares at 500 each. Now the stock price had dropped to 350. A similar downturn was taking place in Göteborg’s breweries, in which he had invested close to 30,000 kronor. Yet worst of all was the Malmö-Trelleborg railway corporation, in which he had 2,655 shares purchased with borrowed funds at an average price of 210 kronor – these shares would now yield less than the loan payments he needed to make.

Keywords: Stock Price; Typhoid Fever; Abelian Function; Christmas Holiday; Professor Post (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-11672-8_49

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DOI: 10.1007/978-3-642-11672-8_49

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