The Boston Stock Exchange

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Monograph

Identifikator:: 1847184839

URN:: urn:nbn:de:zbw-retromon-240916

Document type:: Monograph

Title:: The Boston Stock Exchange

Edition:: Priv. print

Place of publication:: Boston

Publisher:: Privately printed

Year of publication:: 1930

Scope:: 32 Seiten; graph. Darst.

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

SERVICES PERFORMED During its existence of nearly a century, the Boston Stock Exchange has served every state in the Union as well as New England. It has been the funnel through which New England capital has flowed into all sorts of enterprises: the mines, the railroads, and the manufactories. Members and member-houses have been extremely active and helpful in directing this flow, and the machinery of the Exchange has facilitated this work. The history and activities of the Boston Stock Exchange go far to answer the question as to what are the real functions of a local stock exchange. From that record, three facts stand out: The Boston Stock Exchange has assisted local business build- ers through developing a market for their securities, until they have become essentially national in demand and appeal. It has given New England investors opportunities for par- ticipation in the growth of other parts of the country. New England in origin, its membership has come largely from that district, and thus brokers and clients have had a common background and understanding, which have been of lasting value to both. Conducted always in the spirit of fair and equitable business practices, and in codperation with what it believes to be in the sound interests of the public, it has progressed with the country and today, next to the New York Stock Exchange, is recognized as one of the foremost exchanges of the country. [25]

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