xiv 
[ILLUSTRATIONS 
FiGure Pace 
49. Annual Obviation of Banking Accommodation by the Stock 
Clearing Corporation . . . . . . . .......... 406 
50. Annual Obviation of Number of Checks by the Stock Clear- 
ing Corporation . . . . . . . . se. . 407 
51. Office Buy Slip. . . . . .......,. ve. «415 
52. Office Purchase Report Slip . . . . . . . Co. 417 
53. Broker's Confirmation. . . 419 
54. Office Sell Slip. . . .. .. 420 
55. Office Sale Report Slip. . . 420 
56. Customer’s Statement . . 424 
57. Customer’s Margin Card . . . . . . . . . . ...... 431 
58. Organization Chart of the New York Stock Exchange, as of 
[O25 vv he hh ee ee ee eee ee ee ee... 449 
59. Percentage of Insolvencies in the United States. . . . . . . 462 
60. Foreign Holdings of U. S. Steel Preferred and Common 
Stocks, 1903-1928 . . . . . . .. .......... 521 
61. The Invisible Trade Items of Gold, Credit, and Security Sales 527