Abstract
IN his valedictory address on June 21 as president of the Royal Statistical Society, Sir Josiah Stamp described a new index number of profits, which he has constructed. This consists of a general index of profits designed to show changes in the return to capital as a whole and a special sub-index showing variations in the return for risk-bearing capital (ordinary shares, etc.). Both indices are comparable with the index of production, the various price indices, and other statistics. For technical reasons, the year 1924 has been selected as the base period, but the numbers have been carried back to 1920 as shown in the following table:
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New Index Number of Profits. Nature 130, 16 (1932). https://doi.org/10.1038/130016a0
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DOI: https://doi.org/10.1038/130016a0