SEPHARIAL ON THE MARKETS

A collection of writings by the most-cite !"thor on the #$ %$ &!nn List of 'oo(s for S!le
Comprised of the following works in transcription: THE LAW OF VALUE THE A!CA"A O! TOC# $ HA!E #E% #E% TO U&A! VALUE THE 'A TE! #E% THE &OL(E" #E% THE ECL)* E #E% THE OLA! LU"A! VALUE THE OLA! A*E+ 'ETHO(
Transcri,ed ,- !omeman This E-Book is not to be sold. It is a free educational service in the public interest published by Gann Study Group

THE LA# O) *AL+ES An E.position of the *rimarCa/ses of tock and hare Fl/ct/ations 0% E*HA!)AL
Author of "A Manual of Astrology," "A Manual of Occultism," "Cosmic Symbolism," "The Silver Key," etc. F)VE H)LL)"& "ET1 London: W1 FOUL HA' $ Co1 2 *ilgrim treet3 L/dgate Hill3 E1C1 INTRO !"TION. ##### In the follo$in% pa%es I have %iven so&e valuable hints to those $ho are able to invest their &oney and take their dividends. They $ill be able' $ith the assistance of &y book' to buy cheaply and to clear out before prices recede fro& the hi%hest. It is not to be supposed that I %ive a$ay any of &y keys $hich constitute the ()rcana'( and $hich can only be had under a%ree&ent of a bindin% nature' but the reader $ill be able to take advanta%e of %enuine infor&ation contained in the pa%es of (The *a$ of +alues'( at $hatsoever ti&e he is in a position to put &oney in a lock-up invest&ent. Of the actual $orkin% value of this syste& there can be no doubt $hatsoever' for illustrations are %iven sho$in% the application of the principles involved to the actual state of the &arkets accordin% to official returns. ,ith these fi%ures there can be no cavillin%' and $hen it is further sho$n that the sa&e factors are repeatedly follo$ed by the sa&e effects' not in one part of the $orld only' but in every part $hose financial interests are represented on the Stock E-chan%e' there can be only one conclusion' and that undoubtedly $ill be in favour of )strolo%y as the &aster-key to safe and profitable invest&ent. This is &y second contribution to )strolo%y as a financial science' and I have been induced to $rite the book in the belief that the sooner $e brin%

the science do$n fro& the clouds' $here $ould-be Esotericists have incontinently hurried it' the sooner it $ill be %ain a proper reco%nition in a practical $orld. *ater' $hen it is found by the &an in the street to have a body and consistency' and that it can talk his o$n lan%ua%e' doubtless he $ill be the readier to ad&it that it has also a soul and can be studied fro& an entirely different point of vie$ $ith e.ual benefit to the intellectual and spiritual &an as it has proved useful to the &aterial and physical &an. The point need not be laboured. To those $ho profess )strolo%y I $ould say' feed those $ho are in the nursery' %ive the& a &aterial %rip on the practical side of thin%s' and keep your acade&ics for the foru&. ,hat is the bino&ial theore& to children $ho can only appreciate $hat they can see and handle/ There is an orderly process of develop&ent in thou%ht $hich should be follo$ed in all our schools' and $hich passes fro& science to philosophy' and fro& philosophy to ethics. Science is $hat $e kno$ about a thin%' philosophy is $hat $e think about that $hich is kno$n' and ethic is the effect of that thou%ht upon our conduct. Before $e can profitably &ake an Esotericis& of )strolo%y' $e have to prove that it is a science. It is clai&ed for )strolo%y that it is the science of forekno$led%e' and the &an $ho cannot turn it to account $hen he has proved its scientific inte%rity is not $orth troublin% about. I have $ritten this book for intelli%ent and practical &en of the $orld' $ho are' or $ill so&e day be' in a position to e&ploy &oney' and I have %iven rules and proofs such as $ill enable anybody to e&ploy their &eans to the best advanta%e. These preli&inary notes $ill prepare the reader for the study of the book itself. SE01)RI)*.

"1)0TER I. ##### GENER)* 0RIN"I0*ES. ##### The apparent cause of all fluctuations in the value of any security or co&&odity $hatsoever' is the balance of supply and de&and. The nonapparent and pri&ary cause is the response of terrestrial nature to planetary influence. In this state&ent I a& su%%estin% the operation of a cos&ical la$ of planetary interaction' a concept that is entirely a%reeable to the doctrine of the solidarity of the universe. If crops fail' $hether they be $heat' cotton' coffee' or tea crops' the values of such supplies as are in si%ht are naturally increased' and si&ilarly a depreciation occurs $hen crops are abundant. But $hen $e co&e to en.uire as to the failure of crops or their plenitude' $e have to look further than the earth in $hich they $ere so$n or the air by $hich they $ere bli%hted or vitali2ed' as the case &ay be. ,e have' in fact' to refer to planetary interaction and those cos&ical la$s by $hich the inte%rity of the syste& is &aintained. The obvious la$ of action and reaction' $hich is referred to as responsible for the stability of the universe' but $hich in fact has been latterly referred to as the unstable e.uilibriu& 3 a parado-ical phrase 3 is to be seen at $ork in the Stock and Share 4arket as surely as it is in the universe at lar%e. *et us take it as a $orkin% hypothesis that the planets act and react upon one another' producin% a variety of perturbations and reactions' not only in the bodies the&selves' but in the at&ospheres surroundin% the&' and in that &ore tenuous and subtle &ediu& $hich is called spatial ether' $hich is continuous of the inter&olecular ether per&eatin% the earth and all planetary bodies fro& centre to periphery. Then it $ill follo$ that even the brain and nervous syste& of &an are sub5ect to the sti&ulus of etheric vibration' and thus to planetary action. ,ith this $orkin% hypothesis it $ill be possible to sho$ reason for &an6s invariable response to the i&&ediate action of the planets in their various %eocentric relations' their con5unctions and oppositions' and their occursions to the various si%ns of the 2odiac. Before $e can ri%htly esti&ate the effects of these interplanetary relations' ho$ever' it $ill be necessary to &ake so&e research' first of all to deter&ine $hat countries or interests are related to the several si%ns of the

2odiac' and ne-t to ascertain the influence of the various planets in these si%ns. ,e are fortunately in possession of a fair a&ount of traditional kno$led%e on both these points' sufficient to enable us to brin% the &atter to an e&pirical test. 0roceedin% alon% these lines' $e find that the t$elve si%ns of the 2odiac are related to various territories already defined and $ell-kno$n to the ancients. "laudius 0tole&y' $ho $as one of the earliest' if not' indeed' the first of %eo%raphers in Europe' delivered certain descriptive charts delineatin% the countries kno$n to hi& and indicatin% the 2odiacal si%n to $hich each territory responded. The si%n-rulership of various old countries has been traditionally handed do$n to us' and other parts of &ore recent develop&ent have been e&pirically referred to their respective si%ns. Thus $e kno$ that the follo$in% countries are ruled by the si%ns a%ainst $hich they are set7 --

)ries7 En%land' en&ark' 8udea' 0eru' Ger&any. Taurus7 Ireland' 0ersia' Italy' "hili. Ge&ini7 ,ales' !nited States of )&erica' E%ypt. "ancer7 "hina' 1olland' )frica. *eo7 9rance' )ustralia. +ir%o7 Turkey' !ru%uay. *ibra7 )r%entine Republic' 8apan' )ustria. Scorpio7 4orocco' Bra2il. Sa%ittarius7 Spain. "apricorn7 India' Ne$ :ealand' 4e-ico. ).uarius7 Russia. 0isces7 0ortu%al.
There are' of course' &any other countries under each of these si%ns' so&e of $hich are under scrutiny and test' others of no %reat political or co&&ercial i&portance bein% o&itted. The above $ill' ho$ever' serve for the purpose of the present e-position of the *a$ of +alues. ,hen' therefore' certain planets transit these si%ns' or for& i&portant confi%urations therein' or $hen the eclipses fall in the&' the countries related to those si%ns under%o political chan%es $hich affect the stability of

the &arkets they control. In a subse.uent chapter this $ill be fully e-plained and dealt $ith in a practical &anner.

"1)0TER II. ##### 0*)NET)R; +)*!ES. ##### )s a result of centuries of e-perience by successive students of planetary influence in hu&an life' $e are able to ascribe in the &ost positive &anner certain characteristics to the various planets of the solar syste&. The si%ns of the 2odiac affect nothin% of the&selves' and cannot be said to have any active influence in the &undane affairs. But $hen any si%n is occupied by a planet' that body beco&es a focal centre for the collection and distribution of cos&ic influences. The si%n occupied by it at the sa&e ti&e %ets (coloured( or affected by the planet. The specific natures of the planets' so far as they affect the trend of &arket values and the stability of those securities controlled by the countries related to the si%ns they occupy' are briefly as follo$s7 --

Neptune produces de&ocratic disturbances' anarchy' chaos' confusion. It tends to sche&es and plots' (rin%s( and ri%%in% of the &arkets. !ranus produces sudden upheavals' revolutions' strikes and insurrections. It brin%s about sudden fluctuations in values' and has a disturbin% effect on securities. Saturn brin%s fa&ines' failure of crops' disasters of various sorts and national depression due to political reverses and %eneral $ant or popular discontent. Its effect on the &arket is to produce a &arked depression or deflation of security values. 8upiter brin%s an e-pansion of internal resources and industries' the openin% up of ne$ industries' cheap &oney' %eneral prosperity' political advanta%es' and tends to brin% about a rise in the value of securities and shares. 4ars produces a feverish activity and &uch enterprise in the country' %ood trade and ne$ flotations. But at the sa&e ti&e it incites to $arlike feelin% and intestine feuds and does not afford a very sound basis for operations. Its effect on the &arket depends on its aspects' and nature of the si%n it

occupies' but %enerally it induces to a brisk &arket' active buyin%' and a (bull( tendency. ,hen fallin% in eclipse si%ns' i. e.' $ith the Node' it induces a $ar' and thus creates an ele&ent of dan%er $hich is repeated on the &arkets by a fall in the value of stocks and shares.

+enus %ives a peaceful condition of the country' .uiet develop&ent of internal resources' plentitude of crops' and %ood security. Its effect on the &arkets is to produce a period of .uiet inactivity' $ith fe$ or no fluctuations. 4ercury brin%s a condition of nervous activity' &uch unrest' inconse.uent talk' various ru&ours <accordin% to its aspects= and a sense of instability. >uick buyin% and sellin%' scalpin%' and s&all but rapid fluctuations attend the influence of this volatile planet upon the &arkets.
) planet that is intrinsically evil in its effects' that is to say' one that depresses the &arket' &ay be rendered inoperative for the ti&e bein% by %ood aspects fro& other planets' and also by the circu&stance of it bein% in its o$n si%n. But $hen badly aspected by any other planet' its effects $ill be detri&ental to the financial interest of investors in such securities or shares as it &ay control. ,e &ay no$ brin% these %eneral principles to the test by reference to published records' and for that purpose I have e-tracted &y fi%ures fro& the Stock E-chan%e Intelli%encer' $herein they &ay be verified.

"1)0TER III. ##### E99E"TS O9 TR)NSITS. ##### It has been said that Saturn produces a depression in the value of securities controlled by the si%n in $hich that planet is placed. *et us see if this be the fact or not. It is not necessary for the purpose of this en.uiry to %o further back than the half circuit of Saturn' $hich is about ?@ years. If it produces &arked effects in one half of the 2odiacal circle it $ill do so in the other half. 9ro& like causes $e ar%ue like effects. AOn p. BC' there is a %raphic entitled' (IN I")TIONS O9 T1E B!RSTING O9 T1E SO!T1 SE) B!BB*E' ?CBD.(E To %o back then to the year ?FGF' $hen the planet Saturn $as in the si%n Sa%ittarius' a%ainst $hich $e find the country of Spain indicated. The Govern&ent security on the open &arket is (Spanish HI Sealed Bonds.( No$' in )pril' ?FGF' Spain found herself suddenly plun%ed into a &ost unfortunate and' in fact' disastrous $ar $ith the !nited States of )&erica. ,ritin% of the &alefic planets in Sa%ittarius in the pa%es of &y 5ournal' "o&in% Events' no$ unfortunately out of print' I specifically predicted this conflict bet$een Spain and )&erica. Its i&&ediate effect on the &arkets $as to cause a slu&p in (Spanish 9ours.( Before the $ar they $ere at CG' and after the $ar at JD 3 a fall of about @D points per centu&' $hich &eans a fortune to any $ho $ere able to utilise this forekno$led%e. )&erican ,heat $ent up $ith a bound' and continued to rise by daily and hourly leaps' fro& )pril ?Dth to 4ay Jrd' $hen the (corner( so cleverly en%ineered by 8os. *eiter' 8unr.' collapsed o$in% to the appearance of the Sprin% crop rushed for$ard by )r&our. ,hen it is understood that ?d. per cental rise &eans KBD profit on a load of H'FDD I&perial >uarters' and that in this instance the price per cental rose Hs. Jd. per cental' fro& Cs. Ld. to ??s. Gd.' it $ill be seen that the forecast of this $ar $as a thin% of no s&all co&&ercial value. ) sin%le load of $heat carried a profit of K?'DBD. )t that ti&e I $rote to *eiter and $arned hi& of the futility of operatin% a%ainst celestial influences' and na&ed 4ay Jrd as the date at $hich the &arket $ould be a%ainst hi& if he continued to inflate prices. 1e dared it' and $as cau%ht in the trap he had set for others. The history of that sensational

$heat deal $ould afford &aterial for a dra&a. If thousands $ere ruined it $as because they $ere i%norant of the *a$ of +alues and $ere %oaded on by their cupidity. To paraphrase an old sayin%7 (Never speculate unless you kno$M( ,e see' therefore' that Saturn %ave Spain a serious ti&e' $hich lasted until <in )u%ust= Senor Sa%asta si%ned the 0eace Treaty. The reconstruction of the National ebt' also predicted by &e to the 9inancial Ne$s' took place under the influence of the con5oined planets !ranus and 8upiter in Sa%ittarius in 8anuary follo$in%. Saturn passed into the si%n "apricornus in the year ?GDD' and this $as acco&panied by the %reat fa&ine $hich thre$ the $hole of the native industries into confusion' and resulted in the creation of a 4ansion 1ouse 9und for the relief of the starvin% &illions in India. The financial status of the country $as not seriously affected' inas&uch as it $as %uaranteed by the British Govern&ent' but so far as the internal resources of the country $ere concerned' they $ere undoubtedly at the very lo$est point. 9ro& "apricornus' the planet Saturn $ent into ).uarius' a%ainst $hich $e find Russia indicated as bein% responsive to this si%n. Saturn $as in this si%n in ?GD@' $hen the Russo-8apanese ,ar broke out' in the course of $hich Russia lost its fleet and $as forced to a treaty $ith its foes. Then follo$ed the Insurrection and the terrible Red Sunday disaster' $hich had the ulti&ate effect of establishin% the u&a or 1ouse of 0ublic Representatives' the first indication of Refor& in the annuals of the Bureaucracy. The dis%race into $hich the Govern&ent had fallen by the over$hel&in% defeat at the hands of 8apan %ave the de&ocratic ele&ent in Russia the opportunity for $hich it had lon% $aited' to force i&portant refor&s' the chief bein% that of public representation. No$ $hen $e turn to the financial effects of Saturn6s influence $e find that bet$een ?FGC' $hen the Govern&ent securities stood at their best' and ?GDL' $hen Saturn $as affectin% Russian affairs' there $as a fall of fro& JD to LDI in the value of securities. Thus in ?FGC the @I *oan stood at ?@H' in ?GDL at GD only. In ?FGL' the HI Bonds stood at ?D@ and in ?GDL at C? only. In ?FGF the JI Bonds $ere at GL' and in ?GDC at L?. In ?FGC the JNI Gold *oan stood at ?DJ' and in ?GDL it had fallen to LD. Thus on all sides and in all directions the influence of Saturn $as &arked by disaster' loss and depression.

9ro& ).uarius Saturn passed into 0isces' a%ainst $hich $e find 0ortu%al. 4y readers &ust not think that it is put there to s.uare $ith the facts. I did not &yself &ake the discovery that 0ortu%al responded to the si%n 0isces' but I did in kno$led%e of that fact specifically predict the trouble that $as to follo$' and &y predictions of revolution and violence $ere .uoted by &ost of the leadin% ne$spapers' $hen the course of events %ave the& a curious value and interest. In effect' Saturn in 0isces brou%ht about the unrest in that country $hich cul&inated in the assassination of the Oin% and "ro$n 0rince' $hich $as i&&ediately follo$ed by a %eneral revolution and the deposition and banish&ent of the youn% Oin%. In ?GDL 0ortu%uese Stock $as at CB' and Saturn6s influence in the si%n 0isces $as such as to brin% it do$n to @F in the year ?GDF. ,ritin% in anticipation of the Oin%6s assassination' I $as able to say' re%ardin% the first $eek in 9ebruary' that (the feature of the $eek $ill be the fall in 0ortu%uese Stock.( The tra%ic event took place on 9ebruary Jrd. It is thus seen' not only that prediction is scientifically possible' but also that it &ay at ti&es be &ade e-ceedin%ly profitable. 9ro& 0isces Saturn $ent into the si%n )ries' and the follo$in% years sho$ed a succession of (lo$est records( in the value of the pri&e security' "onsols. )propos of this the reader &ay note for hi&self the intervie$ of The aily 4ail $ith the $riter in the year ?FGF' $hen it $as said that in the follo$in% year "onsols $ould be (as &uch belo$ par as they $ere then above it.( In ?FGF they stood at about ??B' or ?B points above par. In ?FGD they $ere at FF' or ?B points belo$ par. ,hat I have &yself succeeded in doin%' others by the sa&e &ethod have done' and even &ore fre.uently' since they have in &any instances nothin% but &oney to think about. The entry of Saturn into Taurus %ave rise to the disturbances in Ireland over the 1o&e Rule policy' considerable riotin%' an al&ost unparalleled a&ount of cri&e' and a depreciation of land values. 0ersia &ean$hile $as in a state of insurrection' the 4onarch bein% deposed and e-iled. Its transit throu%h Ge&ini $ill be reflected in )&erica' ,ales' and E%ypt. It is thus seen that there is a consistent record of &isfortune and loss' traceable to the direct influence of Saturn in the different 2ones related to the several countries said to be ruled by the&.

,e &ay trace the sa&e e-pansive effects due to the transits of 8upiter' and one e-a&ple $ill serve for all others. urin% the Russo-8apanese ,ar referred to' 8apanese Stock sho$ed no such depression as that $hich affected Russian securities. In ?GDL' the HNI Bonds $ere at GC' the hi%hest point touched since the date of issue' and $hen 8upiter entered *ibra in ?G?D they rose to ?DB. Si&ilarly' the 4e-ican outbreak coincided $ith the transit of !ranus throu%h the si%n "apricorn in opposition to Nepune in "ancerP $hile the latter position fo&ented the de&ocratic upheaval in "hina. The countries %overned by Ge&ini are E%ypt' !nited States of )&erica' and ,ales' in all of $hich the depressin% influence of Saturn $ill be felt in industrial and financial circles. 4ean$hile' the transits of !ranus and 8upiter throu%h the si%n ).uarius should be follo$ed by financial refor&s and develop&ent of trade in Russia and other parts ruled by that si%n' leadin% to a %eneral e-pansion of business' increased confidence' and a rise in the value of securities. It is to be observed' ho$ever' that this state of affairs is not likely to last' inas&uch as the planets Saturn and !ranus for& their opposition in ?G?F-?G?G fro& the si%ns ).uarius and *eo' $hile the eclipses be%in to fall in these si%ns in ?G?@. Nevertheless the con5unction !ranus and 8upiter in the Sprin% of ?G?H $ill have ti&e to operate before these latter influences co&e into play' and hence ?G?H should be a year of useful e-pansion and financial refor& for Russia. It has already been indicated that the position of the Node is of i&portance in tracin% the occurrence of eclipses' and as these latter have an appreciable effect upon the fortunes of the various countries ruled by the si%ns in $hich they occur' I have thou%ht it advisable to %ive the place of the Node for so&e years to co&e.

*ONGIT! E O9 NO E 8)N!)R; ?ST. ;ear. ?G?J ?G?H ?G?@ ?G?L ?G?C ?G?F ?G?G ?GBD )scen. Node. )ries F 0isces ?F ).uarius BG ).uarius ?D "apricorn BD "apricorn ? Sa%ittarius ?B Scorpio BB escen. Node. *ibra F +ir%o ?F *eo BG *eo ?D "ancer BD "ancer ? Ge&ini ?B Taurus BB

The appro-i&ate place of the Node for any &onth can be found by &ultiplyin% ?Q JL6 HD( by the nu&ber of &onths fro& 8anuary ?st' and subtractin% the a&ount fro& the place sho$n in the above table. If a Ne$ 4oon occurs $ithin ?FQ JL6 of the place of the Node' there $ill be an eclipse of the Sun. If a 9ull 4oon occurs $ithin ?BQ BH6 of the Node' there $ill be an eclipse of the 4oon' and the &a%nitude of the eclipse $ill be in inverse ratio to the distance. If $ithin five de%rees the eclipse $ill be total.

"1)0TER I+. ##### E99E"TS O9 )S0E"TS. ##### E-cept $here the inherent natures of con5oined planets are &utually anta%onistic' as Saturn and 4ars' Neptune and !ranus' or 4ars and 8upiter' $e &ay consider the con5unction as bein% beneficial in its tendency.

Saturn and !ranus in con5unction produce $ars and feuds' depress stocks and share values' and produce national cala&ities. Saturn and 8upiter to%ether brin% about useful refor&s' constitutional chan%es' and fre.uently produce the creation of funds. Saturn and 4ars brin% $ars' strife and upheavals' and al$ays tend to depreciate securities. !ranus and 8upiter brin% about refor&s and financial revisions' reconstruction of stocks and ne$ share issues. !ranus and 4ars brin% about insurrections and revolts' and disturb the e-istin% order of thin%s' thus depletin% securities and deflatin% the &arkets. Neptune and 8upiter produce unsound flotations' the creation of bo%us funds' fraudulent sche&es' and (ri%%in%.( Neptune in any confi%uration is to be &istrusted' as it tends to produce ($ild-cat( sche&es or do$nri%ht frauds. 4ars and 8upiter brin% about stron% enthusias&s and de&onstrations. So far as the &arkets are concerned' their influence is reflected in a stron% (bull( tendency' hi%hly speculative buyin%' and a run on stocks and shares %overned by the si%n they occupy.
The opposition of the planets are unifor&ly evil on their effects upon securities' and a fall in the share values is al$ays to be seen $hen the &a5or planets oppose one another' as $itness the recent oppositions of !ranus

and Neptune in connection $ith the stocks and industrial shares of those countries under the influence of "ancer and "apricorn. AOn p. HC' there is a %raphic entitled' ( I)GR)4 O9 SIGNI9I")TORS )T O!TBRE)O O9 T1E 1IS0)NO-)4ERI")N ,)R )0RI* LT1' ?FGF.(E The .uadratures are' of course' evil in their effects' as the trines and se-tiles are %ood. But $e lay chief stress upon the nature of the planet occupyin% a si%n' for if Saturn be in a si%n $hatsoever' the securities related to that si%n $ill not advance' even thou%h Saturn &ay be $ell aspected. Takin%' then' the si&ple natures of the planets in their action on the &arkets' it $ill be seen that7

Saturn produces depression. 8upiter7 E-pansion. 4ars7 )ctivity and enterprise' ne$ develop&ents and flotations. +enus7 E.uable buyin% and sellin%. 4ercury7 Nervousness or confidence' accordin% to its aspect.
Eclipses' $hether of the Sun or 4oon in the several si%ns' have a detri&ental effect on the value of securities %overned by the si%n in $hich the eclipsed lu&inary is posited. The positions of the eclipses can be traced by the lon%itude of the Node' for if the 4oon6s Node is in )ries' the eclipses $ill fall in )ries and *ibra durin% that year' unless the Node is less than ?BQ BH6 fro& either be%innin% or end of the si%n. 9or an eclipse of the 4oon cannot take place unless the Sun is $ithin ?BQ BH6 of the Node' $hile an eclipse of the Sun &ay occur $hen it is $ithin ?FQ JL6 of the Node. The recent eclipses in Taurus brou%ht trouble upon 0ersia' Ireland' Italy and 4orocco' and such interests as $ere financially represented on the &arkets suffered in conse.uence. The current eclipses fallin% in the si%ns )ries and *ibra are calculated to brin% trouble upon 8apan' En%land' 0eru' )r%entina and )ustria. The &otion of the Node is about ?GQ every year' and its &otion is retro%rade' that is' contrary to the order of the si%ns. "onse.uently the eclipses pass fro& )ries into 0isces' and then to ).uarius' the li&it of

influence bein% ?F &onths in any si%n. )s eclipses have considerable effect upon the various territories denoted by the si%ns in $hich they fall' and conse.uently have a %reat deal of influence upon the price of stocks vested in those territories' I have endeavored to &ake the location of the& as si&ple and clear as possible.

"1)0TER +. ##### SENSITI+E 0OINTS. ##### There are t$o %reat circles called the &eridian and hori2on' $hich are related to the lon%itude and latitude of a place' and stand at ri%ht an%les to one another. The &eridian is that %reat circle $hich' $hen one is standin% $ith his face to the South' $here the Sun is about noon' passes i&&ediately overhead fro& North to South cuttin% the hori2on at ri%ht an%les. The hori2on is that %reat circle $hich defines the li&its of visibility. The de%ree of the 2odiac occupyin% the &idheaven or &eridian and that occupyin% the hori2on' are sensitive points. It is found that the transits of the planets over these points are productive of very &arked effects $hich influence the financial $orld to the %reatest possible e-tent. It is a &atter of e&piricis& as to $hat de%ree holds the &eridian' and conse.uently the hori2on of various places. The follo$in% list &ay be taken as the result of e-perience. *ondon St. 0etersbur% 0aris Tokio Berlin Ne$ ;ork "alcutta Bo&bay Sydney Ro&e 0ekin% "ape To$n 4idheaven Ge&ini GR "ancer GQ Ge&ini ??Q *ibra BGQ Ge&ini BBQ 0isces BHQ +ir%o CQ *eo BBQ Scorpio ?DQ Ge&ini BBQ *ibra LQ Ge&ini BCQ )scend. +ir%o ?HQ *ibra LQ +ir%o ?HQ "apricorn CQ +ir%o BHQ "ancer ?HQ Sa%ittarius BQ Scorpio BDQ ).uarius ?LQ +ir%o BJQ Sa%ittarius ?LQ +ir%o B@Q

It &ay be $ell to illustrate the $orkin% value of these observations' and I &ay take' therefore' one or t$o instances of the influence of transits of the &a5or planets over these sensitive points of the 2odiac. In the year ?FGL the &alefic planets !ranus and Saturn $ere both in transit over the BDQ of Scorpio' $hich is the ascendant of Bo&bay' and there be%an a &ost disastrous outbreak of Bubonic 0la%ue in the 0residency $hich utterly de&oralised trade in that i&portant co&&ercial centre' and caused the deaths of &any thousands of victi&s. The year ?FGH found Saturn BGQ *ibra' $hich is the &idheaven de%ree of Tokio' and the "hino-8apanese ,ar $as then in full play' 4ars and Saturn for&in% an opposition in *ibraS)ries BFQ. The Boer ,ar $as be%un on Oct. ??th' ?FGG' and on that date $e find Neptune in 0isces BCQ' $hich is the &idheaven of "ape To$n. The "ri&ean ,ar broke out on 8uly Bnd' ?F@J' $hen Neptune $as in ?HQ of 0isces' in e-act opposition to the ascendant of the *ondon horoscope. On 8anuary B@' ?F@@' the "ri&ea scandal $as ventilated in 0arlia&ent' and the Govern&ent $as defeated. Saturn $as then in Ge&ini GQ' the &idheaven of *ondonM The Transvaal ,ar' of ?FFD' be%an on ece&ber ?Fth' $hen !ranus $as stationary in e-act con5unction $ith *ondon6s ascendant in +ir%o ?HQ' and 4ars in Sa%ittarius GQ' in direct opposition to the &idheaven of *ondon. The E%yptian ca&pai%n and the fall of Ohartou&' $ith the death of General Gordon' took place in ?FFH-@' $hen Saturn $as in the &idheaven of the horoscope of *ondon' Saturn bein% in Ge&ini GQ in )pril' ?FFH. Gladstone6s horoscope sho$s Saturn in opposition to the &idheaven of the *ondon horoscope' $hile the &ap for the e-ecution of Oin% "harles I' published by ,illia& *illy' sho$s Saturn in Ge&ini GQ. AOn p. @C' there is a %raphic entitled' (4)*E9I" "ON8!N"TION IN I")TING T1E R!SSO-8)0)NESE ,)R' ?GD@.(E The reverses in Natal durin% the early sta%es of the Boer ,ar' of ?FGG' $ere acco&panied by the transit of !ranus over the opposition point to the &idheaven of the *ondon horoscope' $hile at the sa&e ti&e Saturn $as in Sa%ittarius BCQ' the opposition of the &idheaven of "ape To$n.

,e cannot doubt' therefore' that *illy $as ri%ht in sayin% that the si%n of +ir%o $as the ascendant of the British 4onarchy. 9ro& this observation of ,illia& *illy $e see that a co&plete syste& of polarisations can be deduced' and the student of planetary influence $ill find that the %reat co&&ercial centres of the $orld are influenced by the transit of &a5or planets throu%h the de%rees occupyin% the &idheaven and ascendant of the horoscopes' to%ether $ith their oppositions' .uadratures' trines and se-tiles. It should be observed' ho$ever' that the stationary positions of the &a5or planets in these de%rees are far &ore effective than &ere transits' and %reat crises al$ays attend the stay of a planet in a sensitive de%ree' i.e. a de%ree occupyin% an an%le of a horoscope.

"1)0TER +I. ##### 1O, TO IN+EST. ##### Takin% it for %ranted that the reader has thorou%hly tested the fore%oin% principles and has found the& to be true in substance and fact' let us suppose that he has &oney to invest. 1is pri&ary ob5ect $ill be to find a &arket in $hich he can buy at the lo$est price $ith a fair de%ree of security' an ade.uate interest' and an opportunity of sellin% out at an advanta%e. It is in this latter operation that he &ay look for his %reatest profits. 9irst of all he should en.uire $hether the security is $ell founded' and readily dealt in on the open &arket. This infor&ation he can %et fro& any broker or bank. To buy cheaply he &ust find a &arket $hich responds to the si%n throu%h $hich Saturn last &ade transit. 1avin% taken up his stock' he $ill hold it until after 8upiter has &ade his transit throu%h the sa&e si%n. 1e can then sell at the hi%hest price that is likely to be touched durin% the space of ?B years. 0resu&in% that he holds so&e 0eruvian Stock or Shares' it is obvious that he should clear these by sellin% the& the &o&ent Saturn enters )ries. It is necessary that before buyin% Stock' search should be &ade on the follo$in% points7 ?. That no eclipses occur in the rulin% si%n of the stock durin% the period for $hich invest&ent is proposed to be &ade. B. That no transit of Saturn' !ranus or Neptune occurs in that si%n durin% the period. J. That 8upiter $ill pass throu%h the si%n durin% the period. 1e $ill then buy and hold until after 8upiter has &ade his transit of the si%n and sell at the best price obtainable in the open &arket. Thus' he buys after the transit of Saturn' and sells after the transit of 8upiter. 1e thus buys at the lo$est and sells at the hi%hest' takin% his dividends in the &eanti&e. So that $hether a &an is a buyer or seller of stock he has only to keep his eye upon the &a5or planets and the eclipses and thus secure the best results. 1e &ust look to Saturn chiefly for depressions of the &arket

and to 8upiter for inflation' but al$ays considerin% the para&ount effect of eclipses. So far $e have looked only on the proble& fro& the point of vie$ of the investor. The &an $ho desires to speculate $ill have to abandon the sober rules of procedure %iven in these pa%es' and $ill have to avail hi&self either of his o$n intuitive acu&en' or preferably of the specialised faculty of a financial a%ent. It is not proposed to disclose in this place the &eans $hereby the daily fluctuations of the &arkets' $hether in shares or produce' &ay be accurately foretold. These have reference to secondary causes and constitute the &aster-key to the Stock and Share &arket' $hich &y correspondents &ake use of. I have contented &yself in this place $ith the si&ple state&ent of certain pri&ary la$s' $hich' $hen properly understood' $ill instruct a &an $hat to do and $hen to do it' so far as invest&ent is concerned.

"1)0TER +II. ##### 1O, TO )+ER)GE. ##### ,hen usin% the $ord avera%e' $e &ean a point of value as nearly as possible bet$een the hi%hest and lo$est prices of buyin% or sellin%. Thus' a &an &ay buy K?'DDD $orth of Stock for KFHD' the price per K?DD bein% thus KFH. Should the Stock thereafter fall to KFB' he &ay avera%e by buyin% a further K?'DDD of Stock at that price' and he thus reduces his buyin% price for the KB'DDD $orth of Stock to KFJ' and should it recover to KFH he can sell out at a profit' $hereas other$ise he could not have sold for &ore than he %ave. AOn p. LG' there is a %raphic entitled' (IN I")TIONS O9 T1E 0ORT!G!ESE RE+O!TION.(E No$ this syste& of avera%in% can be usefully applied to the &atter of invest&ent in such &anner as %reatly to reduce the chances of a faulty invest&ent. The process is to take the hi%hest and lo$est prices of a Stock or of Shares for each year durin% a period of seven or &ore years. These &ay be taken fro& the Stock E-chan%e Intelli%encer' or any other authorative record. The seven hi%hest prices are then to be added to%ether' as also the seven lo$est prices. Each of these has then to be divided by the nu&ber of years to %et the hi%hest and lo$est avera%es. The results are then added to%ether and divided by t$o' $hich %ives a true avera%e' belo$ $hich it is safe to buy under all nor&al conditions of the &arket. One or t$o e-a&ples $ill doubtless be of service7 "onsolidated )nnuitites <"onsols= BNI Stock. Bet$een ?FG@ and ?GDC the hi%hest $as ??H in the year ?FGL' and the lo$est $as FDT in the year ?GDC. The avera%e is thus for ?B years7 1i%hest U ??H *o$estU FDT #### B= ?GHT )vera%eU GC JSF

This price $ould therefore be the true avera%e value of "onsols under nor&al condtions. The fact that it is not a safe invest&ent at such a price is seen fro& the lo$ record of CBT in the year ?G?B. To correct for any %iven year $e proceed as follo$s7 1i%hest since ?GDC <8une' ?GDF= V FF JSF *o$est since ?G?D <October' ?G?B= V CBT ##### B= ?L? ?SF )vera%e FD GS?L In the abnor&al conditions in $hich the British Govern&ent is $orkin%' it is safe to say that even this lo$ avera%e is not a safe buyin% point' and that recent eclipses in )ries and the transit of Saturn throu%h that si%n durin% ?GDF-?D have had' and $ill continue to have' a detri&ental effect upon British securities. It $ill be observed that Saturn $ill be in transit over the &idheaven of *ondon in ?G?J' and in vie$ of for&er e-perience of its dire influence' it is positively certain that British interests are to be 5eopardised even &ore than they have been durin% the present re%i&e. !nion 0acific Railroad "o&pany. 1i%hest ?FG@ to ?GDL' inclusive <?B years= BDJ *o$est do. doU. J ?SF ##### B= BDL ?SF ##### )vera%e ?DJ ?S?L 1i%hest ?GDC-?G?DU BB@ CSF *o$est ( ( U ?DC ??S?L ##### B= JJJ GS?L ##### )vera%e ??L JSH

Thus $e have the follo$in% avera%es7 9or ?B years ?FG@-?GDL V ?DJ ?S?L 9or H years ?GDC-?G?D V ?LL T 9or ?L years ?FG@-?G?D V ?J@ This is a fair avera%e buyin% price in the present state of the &arket' $hich' ho$ever' is particularly nervous and (panicky.( The forthco&in% transit of Saturn throu%h Ge&ini $ill disor%anise )&erican industries' and produce a heavy fall in the price of Stocks and Shares' so that invest&ent is not to be reco&&ended. The above e-a&ples $ill sho$' ho$ever' the process of findin% invest&ent buyin% and sellin% avera%es' under varyin% conditions' over a period of years. )ny assistance that &ay be re.uired by readers' either concernin% the interpretation of influence or the application of these principles to the e-i%encies of particular cases' can be had on application.

"1)0TER +II. ##### "ONSI ER)TIONS. ##### 0assin% in revie$ the various principles herein laid do$n for the %uidance of investors' it should be first of all particularly noted that they apply e-clusively to the proble&s of invest&ent and not to the e-i%encies of successful speculation. The rules for this latter are as far sundered fro& the present &ethod as horary astrolo%y is fro& &undane' or chalk fro& cheese. It is confidently affir&ed on the testi&ony of those $ho have follo$ed the speculative &ethod' that e-act prediction of the in and out daily fluctuations of the &arkets can be as accurately foretold as the &ore e-tensive periodic depressions and elevations of values. )ll that I have sou%ht to sho$ in these pa%es is that a very definite effect upon the values of securities can be directly traced to the effect of planetary influences. I have also %iven so&e $ell-tried rules for the %uidance of investors. It is possible to e-tend this instruction indefinitely' but if I have succeeded in placin% the *a$ of +alues on a sound cos&ical basis' I have co&pleted &y task and there is nothin% further to be said in the &atter. AOn p. C@' there is a %raphic entitled' (IN I")TIONS 0RE9IG!RING T1E 4EWI")N O!TBRE)O )N T1E "1INESE RE+O*!TION.(E I look $ith considerable apprehension upon the trend of &odern politics' and havin% in vie$ the %reat cyclic la$ of periodicity' $hereby the rise and fall of the %reat civilisations of the $orld have been hitherto deter&ined' I a& disposed to think that hereafter the %reatness of our E&pire can only be preserved by encoura%in% the closest possible relations $ith our various colonies' the e-tension of a preference syste&' and the &ost strin%ent &ethods of tariff refor&. The si%ns of the ti&es are dead a%ainst the ascendancy of insular British presti%e' but as a &other lives a%ain in her children' or a tree in the fruit of its branches' so the !nited Oin%do& &ay continue. In this vie$ I a& sustained by the %reatest of astrolo%ical Oabalists' 4ichael Nostrada&us' $ho in his .uatrains links the destinies of En%land $ith those of Spain' and althou%h in his day no alliance had been &ade by En%land $ith the predo&inant po$er in Europe' yet it $as by the alliance of the British Throne $ith 0hilip II. of Spain' that En%land rose to a

position of the first po$er in Europe' and althou%h Nostrada&us affir&s that

Grand e&pire sera par l6)n%leterre *e 0e&potan plus de trois cents.

Great E&pire to the En%lish ar&s shall be In fullest force three hundred years or &ore. yet he sufficiently indicated that the period $hen (1er ar&ies vast shall pass by land and sea'( is li&ited to a period of so&ethin% over JDD years' and that Spanish influence in Europe $ould proportionately decline. "ertain indications' too nu&erous and recondite to e&body in an e-position of this sort' $hich have co&e to &y notice' lead &e to believe that the year ?G?J is destined to brin% about an international and political crisis in Europe' and it %oes $ithout sayin% that Great Britain' as a credit nation' cannot pass unhurt. 4y advice to investors is' therefore' to clear all Govern&ent securities and invest in "olonial-Stocks' specially &entionin% Ne$ :ealand and "anadian' and 4e-ican a&on% the International securities. 4y reasons for this advice $ill' I think' sufficiently appear fro& a consideration of the principles e-pounded in this short treatise' and incidentally they $ill serve as a pra-is fro& $hich the student of the *a$ of +alues &ay kno$ ho$ to re%ulate his 5ud%&ent. )s a consistent believer in the solidarity of the universe' in the fact of interplanetary action' and conse.uently in that of planetary influence in hu&an life' I venture to believe that others' $ho vie$ the facts displayed in these pa%es' $ill 5oin $ith &e in these beliefs' and I a& convinced' fro& e-perience' that their adherence $ill not only be $ell-founded' but $ill' &oreover' be a continual source of benefit to the&. In such hope and belief I co&&end this treatise to their indul%ent consideration.

THE AR,ANA or STO,K AN% SHARE KE0% E*HA!)AL

The R) IW of any co&pany is the noon of the date and place of re%istration of that "o&pany' $hereby' under the la$s of the country the pro&otors are %iven po$ers to for& the co&pany and proceed $ith business. The R) IW of a Stock E-chan%e IS T1E NOON O9 T1E )TE O9 9O!N ING. The charts for Ne$ ;ork and *ondon are attached hereto and $ill serve as e-a&ples of all others. 9RO4 T1IS R) IW or root fi%ure of the heavens a variety of influences are by natural process of celestrial &otions indicated. These are found to depend alto%ether upon the Sun' $hich is the controllin% center of their interactions. The Sun6s 4)N 4OTION IS @G &inutes and ei%ht second per day. The &easure of TI4E IS ONE ); 9OR ) ;E)R. Thus the influences arisin% out of the &ove&ent of the bodies in relation to the Sun $ill influence successive years of the "o&pany' the indications arisin% in the second day affectin% the second year' those for&in% on the third day influence the third year' and so on continuously. SO*)R 4OTION7 T1E )00)RENT 4OTION O9 T1E S!N )S SEEN 9RO4 T1E E)RT1 is sli%htly variable' accordin% to the season of the year. This is due to the fact that the apparent orbit of the Sun is not concentric $ith the earth but is sli%htly re&oved therefro&' thus producin% an eccentricity of its apparent &otion about the earth' and this &ay a&ount to as &uch as one de%ree and fifty si- &inutes either $ay' as co&pared $ith its &ean' or avera%e &otion' $hich is @G &inutes F seconds per day. It has been found in a %reat nu&ber of tests that the 4E)N 4OTION O9 T1E S!N IS T1E "ORRE"T 4E)S!RE TO BE OBSER+E ' )N T1E S!N RE>!IRES JL@ X days to co&plete the circle of JLD de%rees $e have a &ean &otion of @G &inutes F seconds per day. This a&ount is &ultiplied by the nu&ber of years fro& the radi- or date of re%istration and added to the Sun6s place in the radi- <called the Sun r=' also to the 4idheaven' and to the 4oon r. The other planets are in the sa&e $ay carried for$ard throu%h the 2odiac at the sa&e rate as the Sun and &aintain their radical relations $ith the Sun thereby' but in the course of their pro%ress fro& day to day at this unifor& rate' they for& aspects to the radical places of the Sun' 4idheaven' 4oon' and ascendant of the radi-.

These aspects are called IRE"TION)* )S0E"TS and they IN9*!EN"E T1E )99)IRS O9 T1E "O40)N; OR T1E B!SINESS O9 )N; EW"1)NGE )""OR ING TO T1EIR SE+ER)* N)T!RES. T1E 0RI4E SIGNI9I")TOR O9 )N; "1)RT IS T1)T 0*)NET ,1I"1 R!*ES T1E SIGN IN ,1I"1 T1E S!N IS 9O!N . Thus' in the chart for the Ne$ ;ork Stock E-chan%e' the Sun is in the si%n Taurus. This si%n is ruled by +enus' and +enus therefore beco&es 0RI4E SIGNI9I")TOR. T1E SE"ON )R; SIGNI9I")TOR IS T1E 0*)NET ,1I"1 R!*ES T1E E")N)TE IN ,1I"1 T1E 0RI4E SIGNI9I")TOR 1)00ENS TO BE 0)SSING T1RO!G1 IN T1E "O!RSE O9 ITS )I*; 4OTION IN T1E 1E)+ENS as sho$n in the e&phe&eris for the current year. The use of these si%nificators $ill be %iven further on in this e-position. 9IRST' let us look at the &othod of IRE"TING $hich has been found to be a %uide TO T1E GENER)* 4)ROET O!T*OOO. The Ne$ ;ork "hart is set for noon on the ?Cth of 4ay' ?CGB as sho$n in the &ap here$ith. No$ at the tra%ic assassination of 0resident )braha& *incoln $e find the years fro& the above date of foundin% to the date of that event' )0RI* ?HT1' ?FL@' to be a period of CJ ;E)RS ONE 4ONT1. This at the rate of @G6 F( per day <year= is CB de%rees B &inutes and bein% added to the radical 4idheaven of Taurus BF $e co&e to the ??th de%ree of the si%n *EO' )N T1E )S"EN )NT !N ER T1IS 4.". is the @th of S"OR0IO. The ascendant $as therefore in opposition to +enus radical. Referin% to the ephe&eris for ?FL@ $e find that on that very day Neptune' the author of plots and sche&es' $as in )ries F7HD and therefore e-actly on the place of the 4oon radical. )WIO4 ONE 0lanets in transit over the radical places of the S!N' 4OON' 4I 1E)+EN' )N )S"EN )NT O9 T1E "1)RT have influence on the course of events accordin% to their natures' and so effect the +)*!E O9 SE"!RITIES. In Nove&ber ?F@C there $as a considerable panic <financial panic= on the E-chan%e. Ti&e L@ years L &onths. 4.". pro%ress to *eo B7JH' )sc. in *ibra BC. The )sc. is opposed to S)T!RN and in con5unction $ith NE0T!NE. +EN!S $as then in the end of *IBR) <"ON8. NE0T!NE r= and S)T!RN $as in ")N"ER in s.uare aspect to +EN!S 4id&onth in Nove&ber ?F@C. !R)N!S $as in transit over 4.". radical.

)WIO4 T,O IRE"TIONS O9 T1E GENER)* SIGNI9I")TORS' S!N' 4OON' 4.". )N )S".' TO )99*I"TING )S0E"TS <S>!)RE OR O00OSITION= O9 4)*E9I" 0*)NETS ,I** ")!SE GRE)T E0RESSION O9 SE"!RITIES. )WIO4 T1REE The ephe&eris aspects to the 0RI4E SIGNI9I")TOR ,I** E9INE T1E 0ROB)B*E TI4E 9OR T1IS E0RESSION. The Rail$ay Strike of )u%ust ?FGD at GF years J &onths fro& the foundation of the chart sho$s 4.". in +ir%o @. Saturn $as then in transit throu%h that de%ree of the :odiac. )WIO4 9O!R Saturn IN "ON8!N"TION' OR S>!)RE OR O00OSITION 3 by transit 3 to )N; O9 T1E R) I")* 0*)"ES O9 T1E GENER)* SIGNI9I")TORS' OR TO T1EIR 0ROGRESSE 0*)"ES' ,I** ")!SE ) SERIES E0RESSION. In )u%ust ?G?H Saturn $as in Ge&ini BF in s.uare to 4ars in +ir%o BF. The 4". of the chart had pro%ressed to +ir%on BF. 4ars $as therefore in transit over the 4". 0ro%ressed and Saturn $as in s.uare to it. 4ars is here the cause of the e-cite&ent and Saturn that of the epression. E99E"TS O9 0*)NETS. NE0T!NE in B) )S0E"T ")!SES BE)R S)*ES )N 1IS )"TION IS GENER)**; !E TO (RINGS( )N 0RO9ESSION)* "O4BINES 4O+ING 9OR ) *O,ER B!;ING *E+E*. ITS GOO )S0E"TS ) +)N"E +)*!ES 9RO4 T1E S)4E ")!SES. !R)N!S !S!)**; BRINGS IN T1E GO+ERN4ENT BROOER )N S1O,S O99I"I)* 4)NI0!*)TIONS O9 T1E 4)ROET. In %ood aspect it &akes for buyin%' and in bad aspect for sellin%. )t such ti&es keep one eye on !R)N!S and the other on the Govern&ent Broker. S)T!RN steadies the &arket $hen in %ood aspect' but %reatly depresses it $hen in evil aspect to the SIGNI9I")TORS' R) I")* )N 0ROGRESSE . 8!0ITER enhances values by its con5unction or %ood aspects' and causes heavy sellin% for profits $hen in bad aspect. It deflates $hat it previously had inflated.

4)RS sti&ulates the &arket and in %ood aspect causes sharp rises and a brisk &arket' $hile in evil aspect it causes sharp depressions. Neither are endurin%. +EN!S in %ood aspect %ives e.uable values and a steady rise in values but is not endurin%. In bad aspect it causes a flat and lifeless &arket. 4ER"!R; causes rises $hen in %ood aspect by Yreports6 and &arket talk and &akes for brisk but s&all i&prove&ents. In bad aspect it causes .uick in and out buyin% and sellin% $ith balance a%ainst values. )WIO4 )ll planets in %ood aspect enhance values accordin% to their several natures' the &a5or planets bein% &ore po$erful than the &inor. 8upiter' 4ars and +enus' have the %reatest po$er for %ood $hen in %ood aspect' but +enus has not the sa&e po$er in transit as in irection. T1E E")N)TES )ries Taurus Ge&ini "ancer *eo +ir%o *ibra Scorpio Sa%it "apri ).uarius 0isces D to ?D 4ars 4erc 8upiter +enus Saturn Sun 4oon 4ars 4erc 8upiter +enus Saturn ?? to BD Sun 4oon 4ars 4erc 8upiter +enus Saturn Sun 4oon 4ars 4erc 8upiter B? to JD +enus Saturn Sun 4oon 4ars 4erc 8upiter +enus Saturn Sun 4oon 4ars

These decans are parts of si%ns each ten de%rees in e-tent and their rulers are set a%ainst the&. ,hen the 0RI4E SIGNI9I")TOR is passin% throu%h any decan it is the %uest of the ruler of that decan and is sub5ect in so&e &easure to the aspects affectin% that ruler so lon% as the 0RI4E SIGNI9I")TOR re&ains in that ecan. These can be found in the ephe&eris fro& $eek to $eek throu%hout the year and 9OR4 T1E B)SIS O9 (9*!"T!)TIONS(' $hile bein% sub5ect to the %eneral tone of the

&arket indicated by the IRE"TIONS of the %eneral si%nificators and the &a5or transits over the&. 9or e-a&ple7 )t the ti&e of the rail$ay strike in ?FGD' $e find Saturn in transit over the 4.". 0ro%ressed in +ir%o @ and in s.uare aspect to 4ars' then in Sa%ittarius @' and near to s.uare of Neptune in Ge&ini L' $hile !ranus $as in transit over 8upiter6s place in the radi- on the cusp of the third house <Rail$ays=. But venus' the 0RI4E SIGNI9I")TOR' $as then in the end of +ir%o and not in aspect to any planet in the heavens. The Secondary Si%nificator is 4ercury' $hich rules the last decan of +ir%o' $here +enus is %uest. No$ $e find 4ercury $as then in con5unction $ith Saturn in +ir%o @ and therefore s.uare to 4ars and s.uare to Neptune in the heavens at the ti&e. 1ere are ade.uate causes for predictin% a severe set-back. N)T!RE O9 )S0E"TS The %ood aspects are the trine of ?BD de%rees' the se-tile of LD de%rees' the con5unction of 8upiter and +enus and the 0)R)**E*S of these also. The bad aspects are the opposition of ?FD de%rees' the s.uare of GD' the ses. of ?J@' and the se&i-s.uare of H@. )lso the con5unctions of S)T!RN )N ITS 0)R)**E*S. The planets !R)N!S' NE0T!NE' )N 4)RS' )"T +)RIO!S*; ,1EN IN "ON8!N"TION )N )RE *)RGE*; !N ER T1E IRE"TION O9 0RI4)R; IN I")TORS "!RRENT )T T1E TI4E. )WIO4 )** 0*)NETS IN GOO )S0E"T )"T TO EN1)N"E +)*!ES. )** 0*)NETS IN B) )S0E"T )"T TO E0RE"I)TE +)*!ES. B!T 8!0ITER IS T1E GRE)TEST EW0)N ER' )N S)T!RN T1E GRE)TEST E0RESSOR O9 T1E 4)ROETS. )WIO4 ) 0*)NET IS 8! GE B; ITS O,N N)T!RE' )N )N )S0E"T B; ITS O,N N)T!RE. ) BOO4 on the &arket is produced fro& a succession of %ood aspects to the 0RI4E SIGNI9I")TOR OR ITS E")N R!*ER. ,1EN BOT1 )RE ,E** )S0E"TE T1E EWTENT IS O!B*E . It is usually ter&inated by a chan%e of decan' if not sooner by a break of benefic causes.

) S*!40 is caused by a succession of bad aspects to the Si%nificator and its ecan Ruler TR)NSITION 0OINTS are for&ed &id$ay bet$een a %ood and a bad aspect to the sa&e indicator. Thus7 +enus on the Fth of the &onth is opposition 8upiter. On the ??th is se-tile Saturn. On the BDth it is se&i-s.uare 4ercury. On the JDth it is se&i-s.uare Nepture. Therefore $e should e-pect a fair a&ount of sellin% or reali2in% of profits. This $ould be follo$ed' about the Gth or ?Dth' by a steadyin% influence under the approachin% se-tile of Saturn and Saturn $ould %ive a steady up$ard trend until the ?@th-?Lth' $hich is the transition point bet$een Saturn and the ne-t aspectin% planet 4ercury. )t this ti&e the &arket turns and be%ins to be talked do$n' and under +enus se&i-s.uare Neptune it continues do$n to the BFth. 1ere it for&s another transition point and proceeds to the se-tile of 4ercury' $hich it reaches on )u%ust Bnd. These aspects are for&ed in 8uly ?G?H. )fter the Bnd of )u%ust the planet venus &eets the con5unction $ith 4ars in +ir%o on the @th' and then %oes to the s.uare of Saturn' the chan%e of ecan takin% place on )u%ust Bnd and chan%in% the %ood influence of 4ercury to that of 4ars <$ar=. +enus' bein% then in the last decan of +ir%o' ruled by 4ercury' $e have further indication of 4ercury con5unction Neptune at that ti&e' sho$in% a state of chaos. The direction for ?BB years J &onths is ?BD de%rees BG &inutes and it $ill be seen that if $e add this a&ount to the 4. ". of the radi- <Taurus BF= $e arrive at 5ust this sa&e position in the 2odiac' na&ely +ir%o BF' $hich is occupied by 4ars and +enus in s.uare aspect to Saturn in Ge&ini at that ti&e. So $e have %ood reason for anticipatin% a considerable stir in the &arkets of the $orld and a %reat depreciation of values. )I*; 9*!"T!)TIONS ")N ON*; BE 9O**O,E ,IT1 S!""ESS by those $ho are on the spot and $atchin% the clock and ticker. 9or it $ill be found that the course of the &arket follo$s the 4ERI I)N TR)NSIT of the planets and the aspects for&ed to the& by the other at the ti&e of their transit. Takin% the Sun as indicatin% noon position' it $ill be seen that so&e planets precede the Sun and others follo$ it. Thus at the be%innin% of )u%ust ?G?H $e have Sun opposition !ranus' on the Bnd of the &onth' follo$ed by the Sun se&i-s.uare Saturn on the Lth. The heaviest point

should therefore be on the Hth' or &id-distance bet$een the aspects. On that date 4ercury passed over the 4ERI I)N ?G de%rees' or ? hour ?L &inutes before noon' in opposition at the ti&e to the 4oon. )bout BH &inutes later Nepturne passed the 4ERI I)N. Then ca& the Sun at Noon in Opposition to !ranus and approachin% the se&i-s.uare of Saturn. 1ere $e have the bi% depression. It is follo$ed by the transit of 8upiter over the lo$er 4eridian at ?B7BF or BF &inutes after noon. Then there is a lot of sellin% done. Then co&es 4ars and +enus' in close con5unction in +ir%o BJ-BH de%rees in se-tile to 4ercury in "ancer BB' but also co&in% to the s.uare of Saturn in Ge&ini. This $ould be about J7@D 0.4. *ocal Ti&e' and it then beca&e a pressin% .uestion as to 0eace or ,ar 3 4ars or +enus 3 .uestion that $ould serve no &arket any %ood. T1E "1)RT O9 )N; 0RI+)TE "O40)N; OR S;N I")TE is to be 5ud%ed by e-actly the sa&e set of indications' and the share values of such co&pany' if offered on the open &arket' $ill follo$ the specific indications belon%in% to and derived fro& that chart' sub5ect only to the %eneral indications of the E-chan%e "hart and the ephe&eral transits as already set forth. But each set of indications &ust be taken account of in T1IS OR ER7 ?. 0RI4)R; IN I")TIONS' derived fro& directions of the 4idheaven' etc for the current year. B. TR)NSITS O+ER T1ESE 0RI4)R; 0OINTS 3 Sun' 4oon' 4idheaven' )sc.' both radical and pro%ressed' the latter bein% the &ore i&portant in relation to the current period. J. )S0E"TS 9OR4E TO T1E 0RI4E SIGNI9I")TOR in the ephe&eris fro& day to day or fro& $eek to $eek' as the case &y be. H. )S0E"TS 9OR4E TO T1E R!*ER O9 T1E E")N T1EN 1E* B; T1E 0RI4E SIGNI9I")TOR. )ll of these' $hich bein% duly noted' $ill for& a concatenation or dependin% series of influences $hich $ill inevitably lead to correct esti&ate of the TREN O9 T1E 4)ROET. @. 1avin% decided to buy or sell' enter the &arket ,1EN T1E 4ERI I)N TR)NSITS )RE )GREE)B*E TO T1E "!RRENT IN I")TIONS 9RO4

,1I"1 ;O!R E"ISION ,)S 4) E. This is the $hole business of stock and share tradin% by chart. SIGN R!*ERS The Sun bein% in "apri or ).uar 3 Saturn is 0ri&e Si%. The Sun bein% in Sa%it or 0isces 3 8upiter is 0ri&e Si%. The Sun bein% in *ibra or Taurus 3 +enus is 0. S. The Sun bein% in +ir%o or Ge&ini 3 4ercury is 0. S. The Sun bein% in *eo - Sun is 0. S. The Sun bein% in "ancer - - - - - - 4oon is 0. S. ,hen the 4oon beco&es the 0. S. throu%h the Sun bein% in the si%n "ancer' as happens fro& 4idsu&&er ay on$ards for a &onth' it is obvious that $e cannot trace pri&ary indications fro& the ephe&eral aspects of so fast and variable a body as the 4oon' so $hat is to be done/ E-perience says' ,atch the position and aspect of the )S"EN ING NO ES of the 4oon' $hich is %iven for the second and third day continuously throu%hout the year in any %ood ephe&eris. 4erely trace the node as if it $ere the 4oon itself and the rest follo$s in due se.uence. ) fe$ tests of the early 8uly charts $ill sho$ ho$ this $orks out. The NO E O9 T1E E)RT1 IS )*,);S T1E +ERN)* E>!INOW' )N )*,);S :ERO )RIES. B!T T1E NO E O9 T1E 4OON 9RO4 ,1I"1 ITS "O!RSE BEGINS' IS ON*; IN T1E S)4E *ONGIT! E )9TER ) 0ERIO O9 ?G ;E)RS. The node thus beco&es a very i&portant indicator. )t the be%innin% of )u%ust ?G?H it $as in 0isces C and had no aspects. But it $as then in the ecan of Saturn' and Saturn had a succession of bad aspects all throu%h the first three $eeks of that &onth' so that "ancerian "harts $ere under evil aspects at that ti&e. It $ill be observed that there is a line of sy&pathy bet$een the Ne$ ;ork and British "harts in that +enus is the co&&on 0RI4E SIGNI9I")TOR. In the Ne$ ;ork "hart it is stron% in its o$n si%n Taurus and this perhaps accounts for the stron% 1ibernian affinity. In the British "hart <*ondon= +enus is elevated in the Si%n Ge&ini' $hich is the rulin% si%n of the !S) as a Republic. "onse.uently there is &uch sy&pathy of action bet$een the t$o &arkets' and the coincidence of the &idheaven de%ree is re&arkable. It is not inappropriate either that the 4oon in the N; "hart should be in the

rulin% si%n of En%land' its 0. S. in the rulin% si%n of Ireland' and 9ortuna in the rulin% si%n of Scotland. 9ORT!N) indicates the 0OSITION O9 T1E 4OON )T T1E TI4E O9 *O")* S!NRISE 9OR )N; SET )TE. IT IS 4E)S!RE B; *ONGIT! E' i.e.' de%rees and &inutes of the 2odiac. T1E "O40)N;. In the case of the a co&pany' the 4. ". is T1E "1)IR4)N' T1E ??T1 1O!SE ENOTES T1E IRE"TORS OR BO)R O9 "ONTRO*' T1E )S"EN )NT ENOTES T1E S1)RE1O* ERS. T1E SIWT1 1O!SE S1O,S T1E E40*O;EES. S0E"I9I" 1O!SE IN I")TION. T1E 9IRST 1O!SE %overns the 0!B*I" in $hich is vested all for&s of enterprise and develop&ent. T1E SE"ON 1O!SE relates to 0RI"E O9 4ONE;' TR) E' RET!RNS' B!**ION I40ORTS' BI**S O9 EW"1)NGE' ET". T1E T1IR 1O!SE rules railroads' tra&$ays' o&nibuses' traction of all sorts' loco&otion' telephone' aircraft' canals' brid%es and transports as $ell as postal service and all &eans of co&&unication. T1E 9O!RT1 1O!SE rules real estate' land e-plorations' &ines' develop&ents' crops' produce of ra$ &aterial fro& the soil. T1E 9I9T1 1O!SE sho$s educational &atters' art' theatres' cine&as' a&use&ents and schools. T1E SIWT1 1O!SE %overns foodstuffs' clothin%' e.uip&ent' outfittin% supplies' upholsterin%' furnishin%s' buildin% and upfittin%. T1E SE+ENT1 1O!SE rules accountancy' bankin%' corporations' e-chan%es' contracts' e.uity' discountin%' surveyin%' valuations' probate' etc. T1E EIG1T1 1O!SE controls $aste products' conservancy' dred%in%' petrol' parafine' ben2ine' &edical accessories' che&icals and nitrates.

T1E NINT1 1O!SE is connected $ith insurance' cables' publishin%' $ireless' radio%raphs' liners and forei%n affairs. T1E TENT1 1O!SE rules state affairs' the %overn&ent and political activity %enerally. T1E E*E+ENT1 1O!SE rules the E-che.uer' bonds' %overn&ent loans' electric and %asli%ht co&panies. T1E T,E*9T1 1O!SE rules launderies' bre$eries' fisheries boot &f%rs' hosiery and "O* STOR)GE. T1E "1)RT O9 T1E 1E)+ENS 9OR *ON ON. This is introduced in order to display the influence of E"*I0SES $hen fallin% on the places of the si%nificators' either radical or pro%ressed. On the ?Bth of 4arch ?G?H' there $as an e-lipse of the 4oon $hich fell in +ir%o B?. Incidentally' it happened to be in opposition to the e--Oaiser6s radical 4. ". in 0isces B?. But $hat is &ore pertinent to our present study is the fact that +ir%o B? $as the pro%ressed 4. ". for the *ondon e-chan%e for the year ?G?H. Thus @G( F6 daily &ean &otion of the Sun' &ultiplied by ??J' the years elapsed since ?LD?' %ives ??? de%. BL &in.' or J si%ns' B? de%rees' BL &in. This bein% added to the 4" of the radi-' Taurus BF' %ives +ir%o BD on the 4" for ?G?H. No$ 4ars passed over the line of the eclipse in +ir%o BD on the BF-BGth of 8uly of that year and $ar $as declared a%ainst Serbia by )ustria on the BFth. On the J?st a state of $ar $as declared in Ger&any' $ho declared $ar on Russia on the J?st or ?st of )u%ust and invaded *u-enbour% on the sa&e date' 9rench territory bein% invaded on )u%ust Bnd. This $ar and the e-act date of it $as forseen by (Sepharial( and notified by hi& in print throu%hout the country as early as 8uly ?G?J. 1ere $e see ho$ the &eridian line of the E-chan%e horoscope' affectin% all securities' $as bou%ht into line $ith the eclipse $hich i&&ediately preceded the Great ,ar' and ho$ both $ere brou%ht into line $ith the &eridian of the e--Oaiser6s horoscope. These considerations deter&ined the prediction of ,ar and the date $as defined by the transit of 4ars over this triple co&bine of +ir%o 0isces &eridian.

The fiscal troubles $hich have do&inated all British politics arose fro& the eclipse of the &eridian de%ree for the year ?G?H' and its effects could be traced ri%ht throu%h to ?G?F' $hen' as early as )u%ust ?st' ?G?H' (Sepharial( fi-ed the end of the $ar in these $ords7 (The $ar $ill be Titanic and $ill last until ?G?F( --- The 1ohen2ollerns $ill bite the dust and %ather the E) SE) fruit of an inordinate a&bition.( ,hen for the last ti&e in the period of H years <duration of eclipse= 4ars $as in transit over the sa&e point' +ir%o BD' on 4arch B?st' ?G?F' Ger&any launched its last %reat offensive. )&erica $as then $ell represented at the front and brou%ht ne$ blood into the conflict $hich $as steadily $earin% out the reserves of Ger&any. It $as then said7 (1ostilities $ill cease in Nove&ber of this year.( By addin% the incre&ent of &ean &otion for H years <?G?H-?G?F= to +ir%o BD' $e reach +ir%o BH' and under this &eridian in the latitude of *on%on $e find Scorpio BG7BH to be risin%. This is in LD de%rees aspect to 8upiter' $ith a follo$in% LD of the 4oon in the radi-' and this $as follo$ed by the LD of the Sun to the place of 8upiter and the 4oon. The ascendant at this ti&e bein% past the opposition of the Sun and the trouble done and over' $hile 9ortuna had co&e up to the se-tile of the pro%ressed 4. ". at the openin% of the ,)R. 9iscal troubles be%an to arise bet$een )&erica and Great Britain in ?GBF on the .uestion of ,ar ebts' and had considerable influence on stock and share values. The total eclipse of 4ay ?G fell on the &eridian of the t$o charts. It $ill last until ?GJB' critical dates fro& the source bein% Nove&ber ?GBG' 8uly ?GJD and October-Nove&ber ?GJ?. Therefore $e have reason to re%ard the action of eclipses as constitutin% a &a5or influence upon the +)*!E O9 SE"!RITIES. A"harts that acco&panied print version7E NE, ;ORO STO"O EW"1)NGE 1OROS"O0E 4ay ?Cth ?CGB Z ?B Non7 Ne$ ;ork city S. T. Gr-noon J-HJ-?? S. T. at birth J-HB-@C G. 4. T. @ 0. 4. )d5. "alc. ate7 4arch Bnd ?CGB

*ON ON STO"O EW"1)NGE 1OROS"O0E 4ay ?Fth ?FD? Z ?B Noon7 *ondon' En%. S. T. Gr-noon J-HB-?@ S. T. at birth J-HB-@C G. 4. T. ?B Noon )d5. "alc. ate7 4ay ?Fth ?FD?

E+CE!*T F!O' COSMIC SYMBOLISM 0% E*HA!)AL

The cycle of 8upiter $hich is taken at si-ty years' assu&es a si%nificance only $hen $e have proved the fact of interplanetary action. This fact has been established both astrono&ically and astrolo%ically. The planet 8upiter takes t$elve years to perfor& a revolution in the 2odiac' and five ti&es t$elve is si-ty years. But Saturn has a period of thirty years' and t$ice this is also si-ty years. "onse.uently' if the planets Saturn and 8upiter are actin% to%ether fro& the sa&e part of the heavens at a %iven date' they $ill be to%ether a%ain in the sa&e part of the heavens at the end of si-ty years' $ith a s&all variation due to the actual difference of their periods. This fact has proved of astrono&ical value' inas&uch as it has enabled us to esti&ate the disturbance due to their &utual action in the orbits of both planets. The period at $hich these perturbations $ould recur has been esti&ated at GBD years by *aplace' $ho discovered it. These perturbations for& $hat are called the Great E.uations of the planets Saturn and 8uptier' $hen calculation is &ade of their lon%itudes in orbit. It &ay be useful to note that at the &a-i&u& the disturbance of Saturn due to 8upiter[s action is HG[' and that of 8upiter due to Saturn[s action is B?[. )s the discovery $as not &ade until ?CFL' it $ill naturally follo$ that all calculations &ade fro& Saturn[s position prior to the ei%hteenth century' $hen it $as incorporated as a factor in the Nautical )l&anac' &ust be to so&e e-tent at fault. )s cos&ic sy&bols these planets' Saturn and 8upiter' have %reat si%nificance' and they $ere hi%hly estee&ed in the astrolo%ical thou%ht of the ancients. 8upiter' as the &ost bulky of all the planets in the syste&' early clai&ed attention and took a fore&ost place in the pantheon. ,e find hi& as 8upiter-)&&on' as the eva-pitar' eo-pitar' and 8upiter of the Indian and Ro&an theo%onies. 1e is found in the Sanskrit $ritin%s as Guru' the spiritual father or God-father' as the na&e eo-pitar si%nifies' and also as Brihaspati' i.e. the *ord of Increase or E-pansion. Si&ilarly' Saturn $as Si[va' the estroyer' $hose reputation for devourin% his o$n offsprin% is referred to in the classical &ytholo%y of the Greeks. Thus 8upiter is Brah&a' the "reator' and Saturn is S[iva' the estroyer. Such a si%nificance they are found to hold in the concept of &odern astrolo%ers. ,hen' therefore' 8upiter is found in that part of the heavens $hich is e&pircally

deter&ined to have rule over the destinies of a country or people' there is found to be a period of e-pansion and prosperityP but $hen Saturn is thus placed the country suffers privations and losses. *et us look at so&e of these instances' as they have a direct bearin% on the practical side of our occult studies' and %ive to the *a$ of "ycles an econo&ic value. I have before &e an Invest&ent 1andbook' %ivin% the dates of the hi%hest and lo$est records of the various prices of Stocks durin% the last fifteen years. The fi%ures that I shall .uote are taken directly fro& this book' and I need hardly assure the reader that the editors have no association $ith )strolo%y. 9ro& any astrolo%ical book dealin% $ith the influence of the 2odiac published prior to the year at $hich our observations co&&ence' the reader &ay e-tract the follo$in% infor&ation7 Scorpio rules Bra2il' Sa%ittarius rules Spain' "apricornus rules India' ).uarius rules Russia' 0isces rules 0ortu%al' )ries rules En%land' Taurus rules Ireland' etc. In ?FG@-L-C the planet Saturn $as in the si%n Scorpio' and in ?FGF Bra2ilian Stocks $ere at the lo$est price bet$een ?FG@ and ?G?D. In ?FGF Saturn $as in Sa%ittarius' and Spanish 9ours $ere then at the lo$est bet$een ?FG@ and ?G?D' a period of fifteen years. In ?GD? Saturn $as in the si%n of "apricornus' but 8upiter $as also there' and in effect' $e do not find any depreciation of Stocks' but the reverse so far as India $as concerned. In ?GDJ-H-@ Saturn $as in ).uarius' and in ?GDL Russian HI and @I Stocks $ere at their lo$est durin% the period under consideration. urin% ?GDL-C-F Saturn $as in 0isces' and in the follo$in% year 0ortu%uese Stocks touched the lo$est durin% a period of fifteen years. urin% ?GDG-?D Saturn $as in the si%n )ries' and in ?G?D Athe British "onsolidated )nnuitites StockE "onsols as $ell as )nnuities $ere at their lo$est for a period of fifteen years. urin% ?G??-?B Saturn $as in the si%n Taurus' and Irish *and Stock is no$ <?G?B= lo$er than it has been for the past seventeen years. These facts speak for the&selves' and they sho$ that Saturn is the cause of depression' destruction of credit and national prosperity' and loss.
Sepharial' "os&ic Sy&bolis&7 bein% a discussion and e-position of so&e recondite and obscure points in the art of the Oabalists' the &ysteries of sound' for& and nu&ber' and the basic principles of cos&ic sy&bolis&' pp. ?DB-?D@

KE- TO S+&AR *AL+ES 0- epharial

0RIN"I0*ES. The follo$in% Oey to Su%ar +alues is based upon the observed action of the planets upon one another in respect to the Earth as the co&&on center of such interaction. The places of planets are such as are found in the current Ephe&eris for the year under survey. T1E S!G)R TR) E. The su%ar trade is divided pri&arily into t$o sections indicated b y the sort of su%ar dealt in. +arious descriptions of cane su%ar are to be found in the ancient classics of the East and 4iddle East' and sho$ that the industry $as in full s$in% &any centuries before it ca&e to be kno$n as an article of co&&erce in the ,est. In the 1anava Sha6stra of India there are fre.uent references to the use of su%ar. 0ri&arily' it $as indi%enous to India' "oohin "hina and the 4alay )rche%pala%o' and is found &ore or less $idely distributed throu%hout the Tropics and sub-tropical countries' $ar&th and &oisture bein% the essential conditions for su%ar production' it $as found that ideal conditions e-isted in the ,est Indies' "uba and British Guinana' $here it has been e-tensively cultivated. So far as European production is concerned' su%ar appears to have been first i&ported to "yprus <). . ?HBD= and thence $as carried to 4adiera' the "anary Islands' Bra2il' Barbadoes' and so spread throu%hout central and south )&erican and the ,est Indies. The varieties best kno$n and in &ost co&&on use are 4aple Su%ar' 0al& Su%ar and "ane Su%ar. The latter is the &ost considerable industry and controls the chief &arkets. !p to the end of the ?Fth century it $as the staple article. -B")NE S!G)R This article is under the direction influence of the planet 4ars. It is described as the (Indian 1oney-bearin% Reed( by Strabe I+ ?.BD' and this is perhaps the first classical reference to the article in the ,est. )s a consistuent of food it represents the ideal heat-producin% ele&ent' and thus

is correctly ascribed to the planet 4ars. But $hile the article itslef is controlled fro& 4ars' its e-ternal .ualities and its &arket value is controlled by +enus. Thus the )scendant bein% in )ries it is under the do&inion of 4ars' but the Bnd 1ouse deter&ines its value' and this is ruled by Taurus' the si%n of +enus. This e-actly ans$ers the kno$n .ualities of the article' for $hile it is itself a %reat or%anic caloric' its e-ternal nature is dulcent' &ellient and s$eetly soothin%. Therefore in tracin% the &arket in "ane su%ar $e have to deter&ine the plenitude or scarcity of supplies by the position and aspects of 4ars' but in tracin% the &arket fluctuations of price $e have to follo$ the perturbations of +enus. The industry sho$s a variety of values attachin% to the canes' accordin% to their su%ar-bearin% properities. Thus canes yieldin% LI su%ar <&i-ed .ualities= co&&ands LSF per ton' those yieldin% CI bein% valued at CSG per ton' and those yieldin% ?@I fetchin% ?DS per ton' in En%lish &oney. Of every ?DDD tons of canes crushed' so&e LBB tons is evaporated' the resultant &asscuit bein% about ?BL tons' the su%ar yield bein% about ?DD tons. The value of the yield in nor&al ti&es $as about K F per ton. BEET S!G)R The industry in this article arose in Ger&any fro& the e-peri&ents of 4ar%%raff of Berlin. 1e treated the 5uice of beetroot $ith alchohol and e-tracted L.BI of su%ar fro& the $hite beet' and H.@I fro& the red beet. -JThe industry soon beca&e very e-tensive and $as carried to 9rance $here ideal soil conditions $ere available. But for a considerable ti&e Ger&any produced ?B. CGI of beet su%ar to 9rance6s ??.LI. Intensive culture of beet under *ord onbi%h on his estate at Ne$nha& 0addo-' produced ?@.@I of su%ar 5uice fro& a crop of beet avera%in% B@.@ tons to the acre. Those surprisin% results $ere reached in the year ?G?D. In %eneral it &ay be said that one ton of beetroot is e.uivalent of one ton of canes. Beet su%ar no$ lar%ely supplants the cane su%ar on the $orld6s &arkets and is increasin%ly in de&and' as the follo$in% fi%ures $ill sho$.

T1E ,OR* 6S TR) E In ?FHD the total $orld6s supply $as ? &illion tons' of $hich @D'DDD $ere beet su%ar' the avera%e price bein% HFS- per c$t. In ?F@D the total $as ?'HDD'DDD tons' of $hich BDD'DDD $ere beet and the avera%e price per hundred$ei%ht $as HDS-S. In ?FLD the total $as ?'FGG'DDD tons of $hich JFG'DDD $ere beet' the avera%e price bein% J@S- per c$t. In ?FCD the total $as B'H?L'DDD tons' of $hich FJ?'DDD $ere beet' the avera%e price bein% JBS- per c$t. In ?FFD the total trade $as J'L@G'DDD tons' of $hich ?'CHF'DDD $ere beet' the avera%e price bein% BDSH per c$t. It $ill thus be seen that the $orld6s production and trade in su%ar has increased enor&ously durin% the successive decades of the past century' and is still increasin% at this date. But also it is seen that in proportion as the trade in beet su%ar increases' the cost of the article di&inishes' a clear proof that beet su%ar is as readily produced as cane su%ar and that its $orkin% is considerably cheaper. It is evidently intended to replace the trade in cane sorts for the reason that it can be produced in te&perate cli&ates and does not -Hre.uire special cli&actic conditions. )n article that is %ro$n' $orked and sold on the spot $here the trade is %reatest' is bound to assu&e an ascendancy over all other sorts. The follo$in% fi%ures in relation to BEET trade in su%ar by the British 0orts are in this respect very elo.uent. ?FCD ?FFD ?FGD ?GDD BRITISH REPORTS CF@'DDD tons - - price ?'DD?'DDD ( ?'BF@'DDD ( ?'LBH'DDD JDSH per c$t BGS@ ?LSH ?BS?D

TR)"OING T1E 4)ROET The e.uip&ent for this process is an ephe&eris of the planet6s places for the current year' and this can be obtained fro& &y publishers' 4essrs 9oulsha& and "o. *td throu%h any a%ent or bookseller. Note the position and aspects of the planet 4ars throu%h any &onth and you $ill find that it repsonds to the &arket reports as to the supply of su%ar. ,hen 4ars is badly aspected the article $ill sho$ a correspondin% scarcity. The planet aspectin% it at the ti&e $ill %enerally indicate the cause of the restriction. Thus Saturn in s.uare or opposition to 4ars $ill sho$ bad crop reports. 8upiter in bad aspect %enerally &eans that speculators have %ot the supplies in hand. Neptune si&ilarly in aspect to 4ars sho$s rin%s' cli.ues and trusts in operation' or a (corner( is for&ed in the article. !ranus in bad aspect restricts operations of dealers throu%h Govern&ent buyin% or control' or so&e other action of the the authorities at the ports or the factories. Supplies open out $hen 4ars reaches its aphelion in the early de%rees of +ir%o' and correspondin%ly are restricted $hen in perihelion in 0isces. )bnor&al conditions &ay of course &odify these rules. Good aspects of the &a5or planets to 4ars in the ephe&eris sho$ easy supplies' the controllin% conditions bein% si&ilar to those -@already recited in connection $ith the nature of the planet in aspect to 4ars. 4)ROET 0RI"ES 4arket prices of the article are controlled by the perturbations and affections of the planet +enus. This planet is stron% in the si%ns Taurus' "ancer' *ibra and 0isces. ,hen thus placed and in %ood aspect to any of the &a5or planets' the price $ill riseP and a proportionate increase in value $ill be noted $hen the planet is in any of the other si%ns' and in %ood aspect to &a5or planets.

+enus is $eak in )ries' "apricorn' Scorpio and +ir%o. Good aspects to +enus $ill not then have the sa&e value as if the planet $ere in a con%enial si%n' but evil aspects $ill have a &ore depressin% effect. 1ence not only the si%n occupied by +enus' but also the aspects thro$n to it by other planets have to be considered' and an esti&ate &ade accordin%ly. T1E "1)RT The chart of Su%ar should be laid do$n day by day throu%hout any &onth or year. The aspects to 4ars should be noted and set a%ainst the day of the &onth on $hich they occur. This for&s the base line of supply and %reatly influences the &arket. The aspects of +enus should then be si&ilarly noted and set do$n a%ainst the date of their fo&ation' any chan%e of si%n that &ay occur in the course of the chart bein% also indicated. 9ro& these t$o lines of influences a curve can be set out $hich indicates the rise and fall of the article on the &arket. +enus is in aphelion in *ibra ?D de%rees and in perihelion in )ries ?D. ) BOO4 ) boo& on the &arket is caused by a succession of %ood aspects to the planet +enus' $ithout any intervenin% bad aspect to break the series. -L"1)NGES ) chan%e fro& up to do$n or the reverse is usually indicated by +enus co&in% into con5unction $ith the Sun' but the &ore sure indication is a chan%e in the nature of the ephe&eral aspects to +enus. Thus if you find a succession of se-tiles of trines to +enus and then a series of bad aspects or &i-ed ones' a chan%e takes place $hen the planet &oves fro& one to the other of the&. This is called a transition date.

TR)NSITION )TES ) transition date is fi-ed by takin% the date of the last %ood aspects and the ne-t bad aspect to +enus' countin% the nu&ber of days and dividin% by t$o' $hich' bein% added to the first date' %ives the date of the transition. Si&ilarly a transition date $ill fall &id$ay bet$een the last bad aspect and the ne-t %ood one. )n interval of at least four days bet$een t$o sorts of aspects should be allo$ed so that +enus &ay clear the last influence by its ephe&eral &otion before enterin% upon the ne-t. S!00*; )N E4)N

Brin% the pri&ary conditions controllin% any &arket and those $hich deter&ine the price of any article or product' $e have only to note that in nor&al ti&es prices are in inverse proportion to the supply. But this holds %ood up to a certain point only' for supply cannot of itself create de&and. Given peaceful industrial conditions the $orld over' the $orld de&and in su%ar $ill very soon be satisfied and any surplus $ill tend to reduce the &arket price of the article. ,ar conditions' crop failures and other abnor&al conditions' &ust be dealt $ith as they arise' and they $ill invariably be reflected in the su%ar chart. 9or this reason $e are able to say that su%ar $ill tend to stron% $aves fro& ti&e to ti&e durin% the ne-t decade <?D years=' fro& ?GBD to ?GBB' and fro& ?GBL to ?GJ? &ore especially -Cthese bein% $ell defined areas of $orld unrest and international $ar' 5ust as the period fro& ?G?H to ?G?F $as in its turn. These are refered to as artificial factors' and are arisin% fro& factors outside of the industry concerned' they have to be sou%ht for fro& other sources. The best %uide to 0oliticial prediction and forecast of ,ar 0eriods is &y key to Stocks and Shares' these bein% controlled fro& political causes rather than fro& natural causes' but in as &uch as Su%ar is a staple article of food and of %reat industrial value the fact of its co&in% under (control( by the Govern&ent has the i&&ediate effect of suspendin% all nor&al fluctuations.

In other respects and in nor&al ti&es this key $ill be found of %reat value to the dealer in buyin% or sellin% for$ard. Sepharial

THE MASTER KE0- epharial

The 4ap for the event is si&ply set by addin% to ti&e of the event the SI ERE)* TI4E at noon. "orrect the result by addin% or subtractin% *ocal Ti&e. Subtract for ,est' add for East' of Green$ich. 9ind the si%n and de%ree fro& the Table of 1ouses for the 4idheavean or ?Dth 1ouse of your &ap. The other "usps $ill have the sa&e de%ree of the successive si%ns upon the& so that the Si%sn are e.ually distributed throu%h the 1ouses. This is called the !niversal Oey or 1oroscope. 0ut in the places of the Sun' 4oon and 9ortuna' to the nearest de%ree. 0lanets 0laces These are only re.uired $hen they happen to fall e-actly on the cusp of a 1ouse' or in the de%rees ne-t that $hich is on the "usp. Thus7 If the "usp be BJR of a Si%n' then any planet that is BJ to BFR of a Si%n' &ust be placed in the 4ap accordin% to its lon%itude' $hich is only re.uired to the nearest $hole de%ree. "uspal Indications It is found that the "uspal Indications are the stron%est positions and any planet that is on or near the cusp is capable of fi%urin% in the result of a race' hence they are called Indications. B!T' inas&uch as events are usually decided so&e &inutes after the ti&e for $hich they are set' a planet that is applyin% to a cusp and $ithin @R of it has &ore to do $ith the result than one $hich is on the cusp at the set ti&e' for every four &inutes of ti&e $ill brin% a ne$ or different de%ree on to the cusp and one that is e-actly on the "usp at the set ti&e of the race is usually $anin%' or %ettin% $eaker by the ti&e the Race is run' $hereas a planet that is co&in% to the cusp $ill be at its full stren%th at the finish or decisive &o&ent. "onse.uently you &ust look for a planet that is co&in% to a cusp of a house' and if there be &ore than one' take the one that is nearest. The Sun' 4oon and 9ortuna' are to be re%arded as planets in the sense that they &ay be on or near a "usp and thus be Indicators.

Note that $hen there is a planet e-actly on a cusp' and none other $ithin orbs of a cusp <@R= then the "uspal Indications &ust be taken. This rule see&s to hold %ood even $hen the race is &any &inutes late in startin%. The fact appears to be that all co&petitiors or horses &ust be out of the paddock at the official startin% ti&e. Therefore the SET TI4E is that $hich deter&ines the event and not the ti&e of the finish. )strolo%y is supposed to see the end fro& the be%innin%. Support is %iven to a si%nificator $hen it is in line $ith another planet' especially in line $ith 9ortuna' by bein% in line is &eant either in con5unction or in 4undane 0arallel 3 that is the sa&e distance fro& the 4idheaven or hori2on 3 thus 4ars on the cusp of the ??th house $ould be in line $ith 9ortuna on the cusp of the Jrd house' in parallel to another planet on the cusp of the Gth house' and of course' in con5unction or line $ith 9ortuna' this seldo& fails to indicate the $ei%ht of the $inner. ,hen planets are in opposition 3 that is 3 in the sa&e de%ree of opposite si%ns or nearly so' they produce7 Transverse 0olarity If $e find a planet on the cusp of the Jrd house' in opposition to a planet on the cusp of the Gth house' they produce a 0olarity bet$een the&' and a Transverse 0olarity bet$een the cusps of the Lth and ?Bth houses' $hich are at ri%ht an%les to the&' the cusps have to be taken as if the planets $ere there' and the indication &easured. ,hile if there be actually a planet $here planets in opposition fro& the 4idheaven and Nadir thro$ off to the )scendant and a planet $hich is then risin% or settin% $ill indicate the $inner' but if there is no such planet to take up the 0olar of the opposin% 0lanets' they have to be taken as cuspal Indications only' and bein% opposed' they are $eak' so that if there be a sin%le other indication' it can $in off the&. The 4easure. The scale is the difference bet$een the top and botto& $ei%hts reduced to pounds. The &easure in every case is one si-th of the scale of $ei%hts and this is the $ei%ht due to each of the houses above and belo$ the hori2on.

istribution. The e-tension of the scale of $ei%hts is thus applied. The )scendant sho$s the top $ei%hts' the Hth house the &iddle $ei%ht and the Cth house the botto& $ei%ht. By )lterationU The Cth 1ouse sho$s the top $ei%ht the ?Dth the &iddle $ei%ht' and the )scendant the botto& $ei%ht. The sa&e rule holds %ood $ith re%ard to the other houses' hence it $ill be seen that each house denotes t$o $ei%hts' one $hich is as &uch fro& the top of the scale as the other is fro& the botto&' and these t$o $ei%hts added to%ether' a&ount to the su& of the top and botto& $ei%hts' conse.uently' if $e distribute the scale evenly throu%h the houses' &arkin% the cusp $ith the $ei%hts to $hich they correspond in the scale' $e shall find that any indicator on or near a cusp sho$s t$o $ei%hts and these $ei%hts are found to be the sa&e' or the nearest to the $ei%ht carried by the $inner' and placed horses in over FDI takin% both. This is fro& a sustained analysis of results e-tendin% over ??years. These are all the rules to observe' and ho$ easy to apply and ho$ convincin% in effect' &ay be 5ud%ed fro& e-a&ples of past racin%. It is' of course' open to the student to trace results throu%h past racin% results $ith the aid of the Ephe&eris for any year' and by careful study of the e-a&ples %iven here. EW)40*ES E-a&ple ? BCth 4arch' ?GDL' at J7BD p.&. Taurus is on the 4idheaven. None of the 0lanets are $ithin orbs of and applyin% to the cusps. The 4oon $as in Taurus @R and the Sun in )ries LR' therefore 9ortuna is seen to be BGR fro& the )scendant' and applyin% to the cusp of the Bnd house.

The scale of ,ei%hts' top F.F' - botto& L.D or JLlbs' and one si-th of this is L lbs' $hich is the 4easure of one house. 9ortuna bein% on the cusp of the Bnd house is L lb. for top and botto& $ei%ht of the runners. Top. Botto&. F st. F lbs. L st. D lbs. B st. F lbs.

V JL lbs.

L divided by JL V L lbs.

educt L lbs fro& F st F lbs' leavin% F st. B lbs. )dd L lbs to L st. &akin% L st. L lbs. The ,inner $as Ob' $hich carried F stone at ?DD to C a%ainst. F stone $as the nearest $ei%ht to the indicated $ei%ht' F st. B lbs. Note the pro%ress of 9ortuna depends on that of the 4oon in relation to the Sun' therefore its pro%ress throu%h the houses is in the nu&erical order of the houses. E-a&ple B ?Gth 4arch' ?GDC at J.BD p&. *incoln 1Sp. Scale G.J 3 L st. difference H@ lbs. 4easure CN lbs. The 4idheaven $as Taurus ?FR. 4ars $as @R fro& the cusp of the @th house. 9ortuna LHR fro& the )scendant and therefore leavin% the cusp of the Jrd house. This is one house' or CN lbs. and takin% this fro& the top $ei%ht G.J $e %et F st. GN lbs. The nearest $ei%ht $as Ob' $ho $on this event last year. The price $as B@ to ?. E-a&ple J BJrd 4arch ?GDC The Grand National. The 4idheaven $as ?GR !ranus leavin% the cusp of the Lth house. 4oon ?FR approachin% the cusp of the ?Bth house in "ancer. Saturn ?GR approachin% the cusp off the Fth house in 0isces ?GR. 1ence Saturn and the 4oon $ere supportin% one another bein% at e.ual distance fro& the 4idheaven' and both at the distance of one house or JDR fro& the 1ori2on. Scale ?Bst C lbs 3 G st. C lbs. ifference HB lbs. One si-th of HB is C lbs' added to botto& $ei%ht %ives ?D st. Nearest $as Ere&on' ?D st. ? lb. E-a&ple H BJrd )pril. J.?@. The Great 4etropolitan Stakes. 4idheaven Ge&ini BDR. Saturn and +enus applyin% and $ithin @R of the cusp. They are nearly in con5unction and settin%. 9ortune $as ?BBR fro& the

)scendant' therefore leavin% the cusp of the @th house $hile the above planets $ere applyin% to the cusp of the Cth house. 1ence $e say Top or Botto& is due to $in. Scale 4inta%oe F st. ?? lbs. 9ather Blind L st. B lbs. ,inner 9ather blind' BD to ?. E-a&ple @ BHth )pril' J.?@ p&. "ity and Suburban. Saturn and +enus applyin% to the "usp of the Cth 1ouse' T or B to $in' +elocity G st. B lbs. Oolo L st. B lbs. Oolo &akin% the runnin% fell' and +elocity co&in% on behind 5u&ped over Oolo and $on. ,inner +elocity L to ?. E-a&ple L 4anchester. )u%ust Hth ?G?C. Raced B.D p&. su&&er ti&e. *eo BJR $as on the 4idheaven. The Sun and 4oon are $orkin% to%ether' bein% at the sa&e distance fro& the )n%les to $ithin HR. No 0lanets are on the cusps. The Sun6s distance fro& the $est hori2on is CGR' and the 4oon6s distance FJR' the avera%e of this is about FDR to F?R. Scale G.D 3 C.?B e.uals ?L lbs. F?R %ives C lbs. This added to the B. ,. %ives F.@. ,inner Op J to ? F st. H lbs. E-a&ple C Race ?.HD 4anchester' )u%ust Hth ?G?C. 4idheaven. +ir%o J de%rees. Scale G st. C lbs 3 F st. H lbs. iff. ?C lbs. The 4easure of each house is J lbs. 4ercury held the 4idheaven in opposition to the 4oon. These thre$ off polarity to the cusps of the ?st and Cth house' here $e find 8upiter settin%' and only HR fro& the cusp of the hori2on' and therefore operative. Top or botto& to $in. Top $ei%ht $on. E-a&ple F 4anchester. )u%ust Lth. Race ?.HD p&. +ir%o LR on the 4idheaven. Saturn and Neptune $ere nearin% the cusp of the Gth house in *eo @R and the 4oon $as leavin% the cusp of the @th house in )ries ?R' therefore the 4oon' Saturn and Neptune $ere actin% to%ether' they $ere t$o houses fro& the hori2on. Scale G st at D lbs 3 L st ?D lbs. ifference JB lbs and the 4easure is ?? lbs for t$o houses. This added to

the botto& $ei%ht %ives C.C. Nearest to this $ei%ht is C st. G lbs carried by the $inner' 0uro. E-a&ple G 4anchester )u%ust Lth ?G?C. B.?@ p&. 4ancester "up. +ir%o ?@R on the 4idheaven. No planets applyin% to cusps e-cept !ranus in ).uarius BBR on the cusp of the Jrd house. This %ives t$o houses fro& the hori2on. Scale F st. ?? lbs. 3 C st ? lb. ifference BH lbs. and for t$o houses. This %ives F lbs. $hich $hen added to the botto& $ei%ht %ives C st. G lbs' the e-act $ei%ht carried by the $inner' Blue anube. E-a&ple ?D ?@th )u%ust ?C. Race B o6clock. 4idheaven +ir%o BJR. Sun on the cusp of the Gth house opposed to !ranus on the cusp of the Jrd house 3 hence $e look for polarity to the cusps of the Lth and ?Bth houses. There are no planets to take up the Transverse 0olarity and therefore' $e re%ard the& as sin%le indicators. T$o houses fro& the hori2on $ill therefore be the 4easure. Scale G st. D lb. 3 C st. L lbs. ifference BB lbs. and t$o houses %ives C lbs $hich taken fro& the top $ei%ht %ives the $ei%ht of the $inner' 4y Ronald. E-a&ple ?? ?Lth )pril' ?G?F. Race J.@D p&. 4idheaven Ge&ini ?FR. No planets on cusps. The 4oon $as CDR fro& hori2on and 9ortuna CBR 3 hence they $ere actin% to%ether. B!T NOTE that the Sun $as @BR fro& the 4idheaven and Saturn @DR on the other side of it and both above the hori2on and therefore parallel. The avera%e %ives @?R' $hich %ives F lbs. $hich added to the botto& $ei%ht %ives L st. ? lb. ,allrock' the $inner carried L st. J lbs. )nother li%ht $ei%ht carried @ st. ?J lbs. $hich ran second <,hite Nile=. This clearly sho$s that planets in parallel $ork to%ether' and the nearest to a cusp $ins. The Sun and Saturn $ere in this case nearer to a cusp than the 4oon and 9ortuna. This syste& is dee&ed to be the final $ork in Racin% Syste&s. It e&bodies the result of ?? years of observation and research and is itself the easiest and &ost reliable of the &any atte&pts that have been &ade to fatho& the profundities of racin% proble&s and it is clai&ed that the 4aster Oey leaves others behind and %ives the best results.

;ou $ill find that the 4aster Oey is really si&ple to $ork and re.uires only a surface kno$led%e of )strolo%y.

THE &OL%EN KE0- epharial

The basis of the syste& <$ithout an astrolo%ical &ap= is the relationship of HDR to JLDR. The HDth part of the circle is e.ual to GR' called a (Node.( The nodal &easure at $hich the influence vested in that &easure beco&es operative' <G ti&es G' or F?=' is the e-tent of that &easure. These points of nines are positive and ne%ative ter&inals called (Nonal e%rees.( In practice the ne%ative ter&inals only account for BDI of $inners' so are %enerally i%nored. The positive de%rees are7 CBR @HR JLR ?FR Root F?R :ero DR The ne%ative de%rees are7 LJR H@R BCR GR

Therefore the standard values are for practical purposes' ?FR JLR CBR F?R $ith an eye on DR V botto& $ei%ht. The proportion of the scale is one tenth. To %et the ?S?Dth of the scale of $ei%hts 3 &ove the last fi%ure to a deci&al point7 then &ultiply the ?S?Dth by ?. B. J. H. H.@ <four and a half=. "all the ans$er lbs7 take fro& the top $ei%ht and add to the botto& $ei%ht. <?S?Dth - ? V ?F' ?S?Dth - B V JL' ?S?Dth - J V@H' ?S?Dth by H V CB' ?S?Dth - Hr.@ V F? Nodal.=

E-a&ple7 Top $ei%ht V ?Dst Clbs' botto& $ei%ht V Cst Clbs ?Dst Clbs 3 C st Clbs V Jst' ie HBlbs therefore scale V HBlbs ivide scale by ?S?Gth V Hlbs So fro& the above $e have ?D $ei%hts 3 thou%h they &ay not all fit a $ei%ht carried e-actly. If &ore than one is e-act $e proceed $ith a check &ethod to reduce these to one $ei%ht. The first check &ethod is as follo$s7 ?. If the scale of $ei%ht e.uals an even nu&ber' deduct Hlbs. B. If the scale of $ei%hts is an odd nu&ber' deduct Jlbs. J. ivide the scale by B and call it the (9ulcru& ,ei%ht.( H. Take this fro& the top $ei%ht and add to the botto& $ei%ht. The top half is called the (1eavy 9ulcru&'( the lo$er half the (*i%ht 9ulcru&.( E-a&ple7 HBlbs is H\B V L' an even nu&ber. HB 3 H V JFSB V ?Glbs levera%e. ?G lbs fro& ?Dst C V Gst Blbs. ?Glbs to Cst C V Fst ?B lbs )ny $ei%ht confir&in% e-actly a $ei%ht found by the first process is the selection. If no sin%le selection is found' then proceed to the ne-t check &ethod7 ?. To the 1eavy 9ulcru&' add @lbs7 Jlbs7 @lbs7 Jlbs until the top $ei%ht is reached. B. To the *i%ht 9ulcru&' deduct @lbs7 Jlbs7 @lbs7 Jlbs until the botto& $ei%ht is reached. Heavy Fulcrum Gst G G ?D ?D Blbs C ?D ? H *i%ht 9ulcru& Fst F F C C ?Blbs C H ?J ?D

\@V \JV \@V \JV

-@V -JV -@V -JV

If &ore than one $ei%ht is still indicated' proceed to the ne-t check &ethod7 ?. Reduct the scale' as in the first check &ethod' by H if an even nu&ber and by J if odd. B. 1alve the scale and call RSB. J. 9ro& RSB deduct C as often as possible and the re&ainder <less than C= %ives a nu&ber $e call ?st ter&inal point in lbs. H. That point is developed or e-tended by addin% to the botto& $ei%ht' then addin% Jlbs7 Hlbs7 Jlbs7 Hlbs successively until the scale is covered and note $hich of these $ei%hts confir& the Nonal $ei%ht. E-a&ple7 ?G?lbsSC V B and @ over. "all @ the ter&inal. )dd to botto& $ei%ht Cst Clbs \ @ V Cst ?Blbs. To this $ei%ht add Jlbs7 Hlbs7 Jlbs7 Hlbs until top $ei%ht is reached. Thus by these check &ethods the $ei%hts are often reduced to a sin%le selection. This syste& is based on the nu&erical value of planets to astrolo%y $ithout the necessity of dra$in% and 5ud%in% a &ap.

THE E,LIPSE S-STEM 0- epharial

0rinciples It has been sho$n in the Golden Oey' The !niversal Oey and the *unar Oey syste&s that the Sun' 4oon and 0art of 9ortune can all be used separately and under certain conditions as a factor indicatin% the $inner' it bein% at the sa&e ti&e obvious to the student that there is no %uaranteed continuity. That at once ti&e the Sun &ay be the Si%nificator of the event' at another the 4oon' and so on. The Eclipse syste& no$ deter&ines once and for all $hen one factor is Si%nificator and $hen another &ay be and this by a si&ple rule. It also sho$s $hy at one ti&e the &easure is direct and at another' converse. In effect the Eclipse Syste& is the ans$er to the outstandin% proble& of all racin% syste&s. To reduce this to practise' the first thin% is U Settin% the 9i%ure This is e-tre&ely si&ple. It consists &erely in findin% the de%ree that is on the 4idheaven at the schedule or pro%ra&&e ti&e of a race. The other cusps of the houses $ill hold the sa&e de%ree and the si%ns $ill be e.ually disposed throu%hout the circle. Thus if *eo BJ $ere on the 4idheaven then Scorpio BJ $ould be risin%. The Sun and 4oon are placed in the fi%ure to the nearest de%ree. The 0art of 9ortune is also placed in the fi%ure. It is calculated thus7 9ro& the lon%itude of the 4oon <e-pressed in si%ns and de%rees= addin% ?B si%ns if necessary for subtraction' take the lon%itude of the Sun and add the lon%itude of the )scendant. The result is the lon%itude in si%ns and de%rees counted fro& )ries D' of the 0art of 9ortune' called 9ortuna. ,ith these si&ple ele&ents and the $ei%hts of the runners you &ay proceed at once to find the U

Si%nificator $hich is al$ays that factor <Sun' 4oon or 9ortuna= $hich is NE)REST to the cusp of a house. The 4easure U The &easure of the Si%nificator is its distance fro& the nearest an%le' the an%les bein% the 4idheaven' Nadir' )scendant and escendant. The converse &ethod is the difference bet$een the 4easure and GDR' or in other $ords its distancce fro& the further an%le. The Scale U of $ei%hts in the difference bet$een the top and botto& $ei%hts of the runners reduced to lbs. )s G.D 3 L.D V HB lbs. In this syste& $e use only half the scale $hich is al$ays e.ual to GDR. 1eavy and *i%ht U $ei%hts are distin%uished by the 4iddle $ei%ht' $hich is al$ays half the su& of the top and botto& $ei%hts. ,ei%hts above it are heavy and those belo$ it are li%ht. The 4easure of the Si%nificator is applied nor&ally to the top $ei%ht to %et the heavy $ei%ht indication and the co&pli&ent or converse &easure is applied to the botto& $ei%ht to %et the li%ht $ei%ht indication. But there is an e-ception to this $hich $ill be indicated. 0roportion U is effected by &ultiplyin% half the scale of $ei%hts by the 4easure and dividin% by GD. Thus if the 4easure $ere B@ de%rees and the Scale of $ei%hts $ere HB lbs. then $e &ultiply B@ by B? <half HB= and divide by GD $hich %ives L lbs. nearly' to be taken fro& the top $ei%ht of runners. No$ take L lbs. fro& half the Scale and $e %et ?@ lbs to be added to the botto& $ei%ht. By this &eans $e %et the indicated heavy and li%ht $ei%hts due to the Si%nificator.

irect and "onverse U &easure &ay no$ be illustrated. ,hen the Si%nificator is supported by either of the other factors <Sun 4oon or 9ortuna= by those factors indicatin% the sa&e $ei%hts or horses' then it is a sure $inner. But $hen both the other factors <NEIT1ER bein% the Si%nificator= sho$ the sa&e $ei%hts as one another' and different $ei%hts to the Si%nificator' then they act to%ether and instead of destroyin% the si%nificance of the other factor or Si%nificator they reverse its ter&s so that $e have to apply the &easure fro& the nearest an%le to the botto& $ei%ht instead of to the top and the converse &easure to the top $ei%ht instead of the botto&. If $e call the short &easure ) and the lon% &easure B' then in nor&al cases ) is applied to the top $ei%ht and B to botto& $ei%ht to %et the IN I")TE $ei%hts. But in converse or abnor&al cases' B is applied to the top and ) to the botto&. But in no case do $e ever take the &easures fro& any other than the pri&e factor $hich is the Si%nificator. E-a&ples The follo$in% consecutive events are taken fro& recent racin%' but those $ho study the records of ?G?@ and ?G?L $ill be satisfied that these are not (selected( e-a&ples. 4anchester )u%ust Hth ?G?C ?.D p& <This is Sun ti&e or Green$ich 4ean Ti&e $hich is one hour earlier than (Su&&er Ti&e(= Sidereal ti&e at noon F.@D' less ?D &ins for $est lon%itude 3 %ives F.HD and to this $e add the true ti&e ?.D p& and %et G.HD as the sidereal ti&e for the 4idheaven at 4anchester. This %ives 4idheaven in *eo BJR - Sun in *eo ?BR - 4oon in 0isces DR - 9ortuna in Ge&ini ??R. 9ro& these positions $e %et the cuspal distances Sun ??R 4oon CR 9ortuna ?BR. The 4oon bein% the NE)REST to a cusp is the SIGNI9I")TOR. It6s distance fro& the nearest an%le is the sa&e as fro& the cusp' na&ely CR and the converse &easure is FJR. The scale $as G.D 3 C.?B or ?L' half of $hich is F lbs. 4ultiply F by C and divide by GD. This bein% &ore than half a lb. $e call one lb. and take it fro& the top $ei%ht' thus %ettin% F.?J as the

indicated $ei%ht. )lso $e find that F less one is C lbs. $hich $e add to the botto& $ei%ht' thus %ettin% F.@ as the other or alternate indicated $ei%ht. Result There $as no F.?J in the race but the nearest to it $as top $ei%ht and run second. There $as no F.@ in the race but the nearest to it $as F.H T)GR)G' $ho $on. Note that the Sun supported the 4oon by indicatin% the sa&e $ie%hts and therefore it $as a certainty. Note7 )l$ays follo$ the horse nearest the indicated $ei%ht. Sa&e day at ?.HD. Scale G.C 3 F.H V ?C lbs' half is FN. The 4oon is Si%nificator' bein% only t$o de%rees fro& the lo$er 4eridian. It sho$s &iddle $ei%ht to $in. Top $ei%ht $on na&ely E*OINGTON. Sa&e day at B.?@' the Sun bein% on a cusp is Si%nificator. On a scale of F.H 3 L.L or BL lbs. It $on by ROS"I!S. On the Lth )u%ust at ?.HD the 4oon $as Si%nificator bein% nearest to a cusp and its &easure $as BFSLB. It $as supported by the Sun. It $on by 0!RO C.G' nearest to indicated $ei%ht' but there $as another at the sa&e $ei%ht and the odds $ere too s&all to back both' so $e pass it over' &erely sho$in% that the $inner $as indicated. Sa&e day at B.?@' the Sun $as Si%nificator and its distance $as JHS@L. It $as supported by the 4oon and 9ortuna so far as the li%ht $ei%ht $as concerned and they all pointed to B*!E )N!BE $ho $on. NOTE The 4oon and 9ortuna are not here pullin% to%ether but at a considerable an%le' but near enou%h to indicate the sa&e horse. In order to produce a reversal of the 4easure of the Si%nificator the other t$o factors &ust be the sa&e or nearly the sa&e distance fro& T1E S)4E )NG*E as one another' and thou%h they a%ree to%ether they &ust not a%ree $ith the Si%nificator. E-a&ple 3 )u%ust ?@th at B p& $here the 4oon and 9ortuna are pullin% a%ainst the Sun $hich is Si%nificator. The scale G.D 3 C.L %ives F.C 4; RON)* $inner. Thus it is seen that the Eclipse Syste& 5ustifies itself and the confidence of its discoverer.

THE SOLAR L+NAR *AL+ES 0- epharial

Rules7 9ind the de%ree and si%n held by the SunS4oon at the previous and ne-t *unation. Take the distance in de%rees of lon%itude fro& the nearest "ardinal 0oint 3 also take the co&ple&ent of the *unar distance fro& the cardinal point )ries' "ancer' *ibra and "apricorn. Generally one of these *unations $ill be on a date previous to the race and the other on a date follo$in% the race. They represent the (an%ular positions of 5oint Sun and 4oon influences( in the circle. ivide the nu&bers by one .uarter of the scale of $ei%hts. *et X' N and T of the scale represent DR "ancerP DR *ibraP DR "apricorn. The top and botto& $ei%hts are represented by DR )ries. 4ultiply the SunS4oon 5oint &easures by X' N' and T of the scale and divide by GD. )dd to the top $ei%ht and deduct fro& the botto& $ei%ht. 9or a check &ethod of selectin% fro& these $ei%hts' use the Nonal series as instructed in the Golden Oey.

THE SOLAR APE. METHO% 0- epharial

ra$ the &ap as usual for the ti&e of the race and place only the Sun6s position. Note the distance of the Sun fro& 4" nad 1ori2on )scendant or escendant. "all that the ?st &easure. Take that nu&ber of de%rees fro& GD and call Bnd &easure. To the lesser of the t$o &easures' add H@ and call this Jrd &easure. 4ultiply half the scale by those J &easures and divide by GD7 educt fro& the top $ei%ht and add to the botto& $ei%ht' %ivin% si- $ei%hts. Take the BEST 9OR4 horse of those si- $ei%hts.

Loved this book? Other books that may be interesting to you: Aleister Crowley : "Liber 489 One Star In Sight" Originally this document had neither book number nor class. Both were applied later by some lineages of AA. See Book Four Appendix II

Aleister Crowley : "Liber 343 Amrita Some Comments On The Elixir Of Life" Liber CCCXLIII AMRITA. Some Comments on the Elixir of Life Extracted from the Magical Record of the Beast 666 for the year 1920 e.v. By Aloster Kerval Aleister Crowley

Aleister Crowley : "Liber 207 A Syllabus Of The Official Instructions Of The Aa" An enumeration of the Official Publications of the AA with a brief description of the contains of each book this Catalog is an expansion thereof including those publications which were written after The Syllabus was composed. See also Equinox I x p. 41

Aleister Crowley : "Liber 006 O Vel Manus Et Sagittae" nstructions given for the elementary study of the Qabalah Assumption of God forms Vibration of Divine Names the Rituals of the Pentagram and Hexagram and their uses in protection and invocation a method of attaining astral visions so called and an instruction in the practice called rising on the Planes.See also Equinox I ii p. 11 The Rites of Eleusis Liber 850 and Appendix VI of Book IV.