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The work of the Stock Exchange

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Bibliographic data

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.

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

REFERENCES FOR FURTHER STUDY 681 
nell, and many others. Here the President’s “Conference on Unem- 
ployment” should be consulted. Dewey has defined speculation in its 
legal aspects. The practical money-making aspect of stock specula- 
tion is covered by Atwood, Browne, Dow, Fayant, Nelson, Seldon, 
Sexsmith, and Stafford. 
Chapter VI. A Typical Investment Transaction 
Consult Norton and Goldman for the legal aspects of a brokerage 
transaction, and Todman for its accounting aspects. See also refer- 
ences to Chapter XV on the Commission House. Withers describes 
the technique of investment purchasing in London, while Paris pro- 
cedure is covered fully by Cavelier and Montarnal; see also Paul 
Leroy-Beaulieu in L’Economiste Frangais for October 5, 1912. 
Chapter VII. Credit Transactions in Securities 
Van Antwerp’s chapter on short selling and Noble's 1914 testi- 
mony should be consulted; Huebner’'s “The Stock Market” is also 
valuable. Norton covers the legal aspects of the short sale. 
Abroad short selling often occurs only in term as distinguished 
from cash trading, and its technique thus depends upon the features 
of the given term settlement system. Withers covers this for London, 
while Paris operations are described in Montarnal and Cavelier. 
Many special studies on this score have been published in Germany. 
Consult the term settlement references under Chapter XI on stock 
market loans. 
Chapter VIII. The Floor Trader and the Specialist 
See the relevant parts of Van Antwerp (p. 285). The best study 
of the specialist’s work is the unpublished address of Mr. E. T. Tefft 
alluded to in the footnotes of the text. On the significance of stock 
market taxation, consult Seligman and Carroll. 
Chapter IX. The Odd-Lot Business 
Van Antwerp and the 1914 testimony of Noble (pp. 164-169) are 
nseful. Unpublished addresses by Noble and Mellick also contain 
much information. - Some odd-lot houses have published pamphlet 
brochures on their business. 
Chapter X. The Bond Market 
There is of course a huge literature upon the American bond busi- 
ness in general, but surprisingly little valuable material concerning 
the bond market on the Stock Exchange. The student might to ad- 
vantage consult the works of Chamberlain. Rollins, and Sumner.
	        

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