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The work of the Stock Exchange

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fullscreen: The work of the Stock Exchange

Monograph

Identifikator:
1831284952
URN:
urn:nbn:de:zbw-retromon-225876
Document type:
Monograph
Author:
Meeker, James Edward http://d-nb.info/gnd/126597340
Title:
The work of the Stock Exchange
Edition:
Revised edition
Place of publication:
New York
Publisher:
The Ronald Press Company
Year of publication:
[1930]
Scope:
XVI, 720 Seiten
Illustrationen, Diagramme
Digitisation:
2022
Collection:
Economics Books
Usage license:
Get license information via the feedback formular.

Chapter

Document type:
Monograph
Structure type:
Chapter
Title:
Chapter IX. The odd-lot business
Collection:
Economics Books

Contents

Table of contents

  • The work of the Stock Exchange
  • Title page
  • Contents
  • Chapter I. The evolution of securities
  • Chapter II. Organized security markets and their economic functions
  • Chapter III. The rise of the New York stock exchange
  • Chapter IV. The distribution of securities
  • Chapter V. The dangers and benefits of stock speculation
  • Chapter VI. A typical investment transaction
  • Chapter VII. Credit transactions in securities
  • Chapter VIII. The floor trader and the specialist
  • Chapter IX. The odd-lot business
  • Chapter X. The bond market
  • Chapter XI. The security collateral loan market
  • Chapter XII. Comparison and security clearance
  • Chapter XIII. Security delivieries, loans, and transfers
  • Chapter XIV. Money clearance and settlement
  • Chapter XV. The commission house
  • Chapter XVI. The administration of the stock exchange
  • Chapter XVII. The stock exchange and American business
  • Chapter XVIII. The stock exchange as an international market

Full text

246 THE WORK OF THE STOCK EXCHANGE 
based. Occasionally such customers have been confused and 
misled by mechanical limitations of the stock ticker.® 
Sometimes a large volume of sales has made it physically 
impossible for the old ticker machine to keep abreast of the 
market, and consequently, the tape has sometimes lagged con- 
siderably behind the market, and closing prices have sometimes 
not appeared upon it for half an hour or even more after the 
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205198 6153s  994a99.4.933 50475 133.2.2.3.0a 654505 
Figure 18. Specimen Sections of Stock Ticker Tape 
Top row records sales of 1,100 shares of American Telephone & Telegraph at 
(2)18%5, 400 more at (218)3% and 200 at (2)19; 100 General Motors at 4474; 100 
Public Service of New Jersey at 9934; 100 U. S. Pipe & Foundry at 3434; 300 Ameri- 
can and Foreign Power at 74; 100 Anaconda Copper at 51%: 100 Chicago & North- 
western Railway at 747%, and 100 more at 75. 
Second row from top records sales of 200 J. I. Case Co. at 200%, and 200 more 
at 200; 100 Union Pacific Railroad at 222%; 100 Southern Pacific at 11834; 100 
Standard Oil of New Jersey at 74, 500 more at 741%, and 2,000 more at 74%: 500 
Kennecott Copper at 4014; and 600 U. S. Steel at (16)8. 
Third row from top records sales of 200 Johns-Manville at 82, 100 more at 8134, 
200 more at (81)14, 200 more at (81)%, and 300 more at 81; 100 Commercial Invest- 
ment Trust warrants at 6%; 200 United Corporation at 347%; 200 U. S. Steel at 
(1)673%; and 100 American Telephone & Telegraph Co. at (2)203%. 
Fourth row from top records sales of 100 Radio Corporation at 427%, 100 more at 
43, 500 more at 427%, and 200 more at 43; 200 American Can at (1)28%, 1,200 more 
at (1)28, and 200 more at (128) 14; 200 Pan-American Petroleum B at 593%; 200 Gen- 
eral Motors at 447%; and 300 U. S. Steel at (16)8. 
Bottom line records sales of 2,000 American Telephone & Telegraph rights at 1934; 
100 U. S. Steel at (1)67%, and 100 more at (167) 34; 100 Vanadium Co. at 99%, 100 
more at 99, 400 more at 9834; 500 Westinghouse Electric at (1)47%; 100 Consolidated 
Gas at (1)1334, 200 more at (113) 5%, and 300 more at (113) ¥; and 600 Union Carbide 
k Carbon at (7)474, and 100 more at (7)5. 
8 Qee Appendix VId. 
UN 
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