The Boston Stock Exchange

Bibliographic data

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.

the products of such activity. So, too, were the early exploita- tion of the copper deposits of Montana, and the later develop- ment of the porphyry properties in the southwest. It was Bos- ton and New England money and enterprise that did much in the development of gold mining in the far west. Boston was the home of the telephone and gave encouragement and capital to its development. It was the same local push which started the United Shoe Machinery Corporation, the United Fruit Com- pany, the American Woolen Company — all distinctly Boston enterprises. In all of these enterprises, the Exchange, through its machin- ery and its distributing houses, was an active factor. With the founding of those many enterprises, in various parts of the country and the development of many of them to a po- sition where their securities became of national distribution, began the second period. This second period is marked by the important place in which New England has come to occupy in the financing of propositions for others. This is due to the fact that, in the course of years, New England has become 2 great reservoir of investment funds. Here, probably more than any other part of the countty, its people are inclined to buy and pay for their securities, and put them away as long-term in- vestments. In New England, there is an unusually large invest- ment public who buy stocks in less than one hundred share lots. Recognizing this, the Boston Stock Exchange has expanded its facilities to serve such a demand. Justifying its foresight in this connection is the fact that the total number of shares handled on the floor of the Exchange, during the year just closed, was forty per cent greater than the record total of 17,000,000 shares [22]

Access restriction

Copyright

fullscreen: The Boston Stock Exchange

Monograph

Table of contents

Download

Monograph

This page

Image fragment

Citation links

Citation recommendation