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g and one about two in the afternoon, although the second 
oard was sometimes omitted. It was not until 1885 that seats 
n the Boston Stock Exchange were abolished and continuous 
-aily sessions from 10 A.M. to 3 P.M. were instituted. While 
1e time for opening the “Boards” was fixed, the termination 
as uncertain, sessions running until the transaction of all busi- 
:ss had been finished, so that in busy times the first session 
n almost up to the opening of the second. 
Prior to 1885, the President of the Exchange opened each 
ssion and, taking up each stock in which trading was per- 
itted, “called” each stock in turn. Upon the call of a stock, 
members having orders in it would state their position 
d endeavor to effect transactions. When all had been ac- 
:mplished, the President would then proceed to call the next 
>ck, and so on through the entire list. At stated intervals, all 
isiness would be halted until the Secretary of the Exchange, 
10 kept a record of them, would read over the list of com- 
sted transactions up to that time for verification. In the event 
any dispute, business was again suspended until the Presi- 
ft, upon a vote of the members present, could decide upon 
2 rights of the matter. 
Transactions originally were private and it was not for a dec- 
e after its founding that the Stock Exchange gave to the press 
quotations. 
‘The continuity in the membership of the Exchange has been 
e of the features of its history. Although within four years 
its centenary, the men who have at any time been members 
brein have scarcely exceeded eight hundred and fifty, and the 
hs of two of the founders are active members at present. 
[157 
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