In this paper, I discuss the relationship between the House of Oguri Saburo, a leading wealthy businessman in the Handa area of Chita-gun, Aichi Prefecture, and the boom in the establishment of the companies in rural Japan from the viewpoint of investment in negotiable securities. The House of Oguri actively participated in the establishment and management of the Chita Spinning Company in the latter part of the 1890s. However, the house concentrated on trade of fertilizer and the production of soy sauce brewing after the Chita Spinning Company merged with another large spinning company located in another area in 1907. At that time, it appears that the House of Oguri worked successfully with several banks and tried to borrow funds for their business under more advantageous conditions. Under those circumstances, the house expanded the scale of its business through the 1910s and increased its profits. However, the house placed its profits into bank time deposits, and during World War I it did not make many stock investments. After 1919, the House of Oguri began to make more investments in public and private bonds. As for negotiable securities investment, there was a marked intention to avoid risk and the house actively infused its own family business with that capital.
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