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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 'ATE! #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 *rimar-
Ca/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 FOULHA' $ 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 $hatsoever' is the balance of supply and de&and. The non-
apparent and pri&ary cause is the response of terrestrial nature to
planetary influence. In this state&ent I a& su%%estin% the operation of a
cos&ical la$ 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' (INI")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 ?D
th
to 4ay J
rd
' $hen the (corner( so cleverly en%ineered
by 8os. *eiter' 8unr.' collapsed o$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 J
rd
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 J
rd
. 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 $hich
they occur' I have thou%ht it advisable to %ive the place of the Node for
so&e years to co&e.
*ONGIT!E O9 NOE
8)N!)R; ?
ST
.
;ear. )scen. Node. escen. Node.
?G?J )ries F *ibra F
?G?H 0isces ?F +ir%o ?F
?G?@ ).uarius BG *eo BG
?G?L ).uarius ?D *eo ?D
?G?C "apricorn BD "ancer BD
?G?F "apricorn ? "ancer ?
?G?G Sa%ittarius ?B Ge&ini ?B
?GBD Scorpio BB Taurus BB
The appro-i&ate place of the Node for any &onth can be found by
&ultiplyin% ?Q JL6 HD( by the nu&ber of &onths fro& 8anuary ?
st
' and
subtractin% the a&ount fro& the place sho$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* L
T1
' ?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.
4idheaven )scend.
*ondon Ge&ini GR +ir%o ?HQ
St. 0etersbur% "ancer GQ *ibra LQ
0aris Ge&ini ??Q +ir%o ?HQ
Tokio *ibra BGQ "apricorn CQ
Berlin Ge&ini BBQ +ir%o BHQ
Ne$ ;ork 0isces BHQ "ancer ?HQ
"alcutta +ir%o CQ Sa%ittarius BQ
Bo&bay *eo BBQ Scorpio BDQ
Sydney Scorpio ?DQ ).uarius ?LQ
Ro&e Ge&ini BBQ +ir%o BJQ
0ekin% *ibra LQ Sa%ittarius ?LQ
"ape To$n Ge&ini BCQ +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 B
nd
' ?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 ?F
th
' $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
INI")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' (INI")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$ever' the process of
findin% invest&ent buyin% and sellin% avera%es' under varyin% conditions'
over a period of years.
)ny assistance that &ay be re.uired by readers' either concernin% the
interpretation of influence or the application of these principles to the
e-i%encies of particular cases' can be had on application.
"1)0TER +II.
#####
"ONSIER)TIONS.
#####
0assin% in revie$ 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' (INI")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 KE-
0% 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 $ith business.
The R)IW of a Stock E-chan%e IS T1E NOON O9 T1E )TE O9
9O!NING. The charts for Ne$ ;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 $ith the Sun thereby' but in the course of
their pro%ress fro& day to day at this unifor& rate' they for& aspects to the
radical places of the Sun' 4idheaven' 4oon' and ascendant of the radi-.
These aspects are called IRE"TION)* )S0E"TS and they IN9*!EN"E
T1E )99)IRS O9 T1E "O40)N; OR T1E B!SINESS O9 )N;
EW"1)NGE )""ORING TO T1EIR SE+ER)* N)T!RES.
T1E 0RI4E SIGNI9I")TOR O9 )N; "1)RT IS T1)T 0*)NET ,1I"1
R!*ES T1E SIGN IN ,1I"1 T1E S!N IS 9O!N. Thus' in the chart for
the Ne$ ;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 ?C
th
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* ?H
T1
' ?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 !NER 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'
4I1E)+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
D to ?D ?? to BD B? to JD
)ries 4ars Sun +enus
Taurus 4erc 4oon Saturn
Ge&ini 8upiter 4ars Sun
"ancer +enus 4erc 4oon
*eo Saturn 8upiter 4ars
+ir%o Sun +enus 4erc
*ibra 4oon Saturn 8upiter
Scorpio 4ars Sun +enus
Sa%it 4erc 4oon Saturn
"apri 8upiter 4ars Sun
).uarius +enus 4erc 4oon
0isces Saturn 8upiter 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 $ith Saturn in +ir%o @ and therefore
s.uare to 4ars and s.uare to Neptune in the heavens at the ti&e. 1ere are
ade.uate causes for predictin% a severe set-back.
N)T!RE O9 )S0E"TS
The %ood aspects are the trine of ?BD de%rees' the se-tile of LD de%rees' the
con5unction of 8upiter and +enus and the 0)R)**E*S of these also. The
bad aspects are the opposition of ?FD de%rees' the s.uare of GD' the ses. of
?J@' and the se&i-s.uare of H@. )lso the con5unctions of S)T!RN )N ITS
0)R)**E*S. The planets !R)N!S' NE0T!NE' )N 4)RS' )"T
+)RIO!S*; ,1EN IN "ON8!N"TION )N )RE *)RGE*; !NER
T1E IRE"TION O9 0RI4)R; INI")TORS "!RRENT )T T1E TI4E.
)WIO4
)** 0*)NETS IN GOO )S0E"T )"T TO EN1)N"E +)*!ES. )**
0*)NETS IN B) )S0E"T )"T TO E0RE"I)TE +)*!ES. B!T
8!0ITER IS T1E GRE)TEST EW0)NER' )N S)T!RN T1E
GRE)TEST E0RESSOR O9 T1E 4)ROETS.
)WIO4
) 0*)NET IS 8!GE B; ITS O,N N)T!RE' )N )N )S0E"T B; ITS
O,N N)T!RE.
) BOO4 on the &arket is produced fro& a succession of %ood aspects to
the 0RI4E SIGNI9I")TOR OR ITS E")N R!*ER. ,1EN BOT1 )RE
,E** )S0E"TE T1E EWTENT IS O!B*E. It is usually ter&inated by
a chan%e of decan' if not sooner by a break of benefic causes.
) S*!40 is caused by a succession of bad aspects to the Si%nificator and its
ecan Ruler
TR)NSITION 0OINTS are for&ed &id$ay bet$een a %ood and a bad
aspect to the sa&e indicator. Thus7
+enus on the F
th
of the &onth is opposition 8upiter.
On the ??
th
is se-tile Saturn.
On the BD
th
it is se&i-s.uare 4ercury.
On the JD
th
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 G
th
or ?D
th
' by a steadyin% influence under
the approachin% se-tile of Saturn and Saturn $ould %ive a steady up$ard
trend until the ?@
th
-?L
th
' $hich is the transition point bet$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 BF
th
. 1ere it for&s another transition point and proceeds to the
se-tile of 4ercury' $hich it reaches on )u%ust B
nd
. These aspects are for&ed
in 8uly ?G?H. )fter the B
nd
of )u%ust the planet venus &eets the con5unction
$ith 4ars in +ir%o on the @
th
' and then %oes to the s.uare of Saturn' the
chan%e of ecan takin% place on )u%ust B
nd
and chan%in% the %ood
influence of 4ercury to that of 4ars <$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 4ERII)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 $e have Sun opposition !ranus' on the B
nd
of the &onth'
follo$ed by the Sun se&i-s.uare Saturn on the L
th
. The heaviest point
should therefore be on the H
th
' or &id-distance bet$een the aspects. On that
date 4ercury passed over the 4ERII)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 4ERII)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;NI")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
ORER7
?. 0RI4)R; INI")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 4ERII)N
TR)NSITS )RE )GREE)B*E TO T1E "!RRENT INI")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"ENING
NOES 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 NOE
O9 T1E E)RT1 IS )*,);S T1E +ERN)* E>!INOW' )N )*,);S
:ERO )RIES. B!T T1E NOE 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 INI")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 *ONON.
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 ?B
th
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-BG
th
of
8uly of that year and $ar $as declared a%ainst Serbia by )ustria on the BF
th
.
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 B
nd
. 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 $e have reason to re%ard the action of eclipses as constitutin% a
&a5or influence upon the +)*!E O9 SE"!RITIES.
A"harts that acco&panied print version7E
NE, ;ORO STO"O EW"1)NGE 1OROS"O0E
4ay ?C
th
?CGB Z ?B Non7 Ne$ ;ork city
S. T. Gr-noon J-HJ-??
S. T. at birth J-HB-@C
G. 4. T. @ 0. 4.
)d5. "alc. ate7 4arch B
nd
?CGB
*ONON STO"O EW"1)NGE 1OROS"O0E
4ay ?F
th
?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 ?F
th
?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 ?F
th
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 $hile the article itslef is
controlled fro& 4ars' its e-ternal .ualities and its &arket value is
controlled by +enus. Thus the )scendant bein% in )ries it is under the
do&inion of 4ars' but the B
nd
1ouse deter&ines its value' and this is ruled
by Taurus' the si%n of +enus. This e-actly ans$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.
-J-
The 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
$orkin% is considerably cheaper. It is evidently intended to replace the
trade in cane sorts for the reason that it can be produced in te&perate
cli&ates and does not
-H-
re.uire special cli&actic conditions. )n article that is %ro$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.
BRITISH REPORTS
?FCD - - CF@'DDD tons - - price JDSH per c$t
?FFD - - ?'DD?'DDD ( - - BGS@
?FGD - - ?'BF@'DDD ( - - ?LSH
?GDD - - ?'LBH'DDD - - ?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
-C-
these 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 KE-
0- epharial
The 4ap for the event is si&ply set by addin% to ti&e of the event the
SIERE)* 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 ?D
th
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 J
rd
house' in parallel to another planet
on the cusp of the G
th
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 $e find a planet on the cusp of the J
rd
house' in opposition to a planet on
the cusp of the G
th
house' they produce a 0olarity bet$een the&' and a
Transverse 0olarity bet$een the cusps of the L
th
and ?B
th
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 H
th
house the &iddle $ei%ht and the C
th
house the
botto& $ei%ht.
By )lterationU
The C
th
1ouse sho$s the top $ei%ht the ?D
th
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 ? BC
th
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 B
nd
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
B
nd
house is L lb. for top and botto& $ei%ht of the runners.
Top. F st. F lbs.
Botto&. 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 ?G
th
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 J
rd
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 BJ
rd
4arch ?GDC The Grand National.
The 4idheaven $as ?GR !ranus leavin% the cusp of the L
th
house. 4oon ?FR
approachin% the cusp of the ?B
th
house in "ancer. Saturn ?GR approachin%
the cusp off the F
th
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 BJ
rd
)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 C
th
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 @ BH
th
)pril' J.?@ p&. "ity and Suburban.
Saturn and +enus applyin% to the "usp of the C
th
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 H
th
?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 $est hori2on is CGR' and the 4oon6s
distance FJR' the avera%e of this is about FDR to F?R. Scale G.D 3 C.?B e.uals
?L lbs. F?R %ives C lbs. This added to the B. ,. %ives F.@. ,inner Op J to ? F
st. H lbs.
E-a&ple C Race ?.HD 4anchester' )u%ust H
th
?G?C.
4idheaven. +ir%o J de%rees. Scale G st. C lbs 3 F st. H lbs. iff. ?C lbs. The
4easure of each house is J lbs. 4ercury held the 4idheaven in opposition
to the 4oon. These thre$ off polarity to the cusps of the ?
st
and C
th
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 L
th
. Race ?.HD p&.
+ir%o LR on the 4idheaven. Saturn and Neptune $ere nearin% the cusp of
the G
th
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 $inner' 0uro.
E-a&ple G 4anchester )u%ust L
th
?G?C. B.?@ p&. 4ancester "up.
+ir%o ?@R on the 4idheaven. No planets applyin% to cusps e-cept !ranus in
).uarius BBR on the cusp of the J
rd
house. This %ives t$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 G
th
house opposed to !ranus
on the cusp of the J
rd
house 3 hence $e look for polarity to the cusps of the
L
th
and ?B
th
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 ?? ?L
th
)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 KE-
0- epharial
The basis of the syste& <$ithout an astrolo%ical &ap= is the relationship of
HDR to JLDR.
The HD
th
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
Root The ne%ative de%rees
are7
CBR F?R LJR
@HR H@R
JLR BCR
?FR :ero DR 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?D
th
of the scale of $ei%hts 3 &ove the last fi%ure to a deci&al
point7 then &ultiply the ?S?D
th
by ?. B. J. H. H.@ <four and a half=.
"all the ans$er lbs7 take fro& the top $ei%ht and add to the botto& $ei%ht.
<?S?D
th
- ? V ?F' ?S?D
th
- B V JL' ?S?D
th
- J V@H' ?S?D
th
by H V CB' ?S?D
th
- 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 *i%ht 9ulcru&
Gst Blbs Fst ?Blbs
\ @ V G C - @ V F C
\ J V G ?D - J V F H
\ @ V ?D ? - @ V C ?J
\ J V ?D H - J V C ?D
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 INI")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 $ill be satisfied that these are not
(selected( e-a&ples.
4anchester
)u%ust H
th
?G?C ?.D p& <This is Sun ti&e or Green$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 L
th
)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 B
nd
&easure.
To the lesser of the t$o &easures' add H@ and call this J
rd
&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.

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