352 THE WORK OF THE STOCK EXCHANGE
Accordingly in 1929, a Central Delivery Department was
established in the Stock Clearing Corporation headquarters in
the ground floor of the Stock Exchange building, beside the
older Day Branch offices there. The functions of this Central
Delivery Department in general resemble those of the Night
Branch Distributing Department, except that the Central De-
livery Department handles actual security certificates and the
[~~
CHARGE TICKET
Delivery Between Members, Through Central Delivery Department
- and Clearing Number of Delivering Member
STOCK CLEARING CORPORATION
(DAY BRANCH) LH 9
New York
/N
NAME OF RECEIVING MEMBER
| Shores 1
Dende
9rd
Securit
Valve
dt Co. [300 %
2.00608 coe. 1501 45lo0d]
On Stock Clearing Corporation Security Balance Order
Delivered subject to the Rules of the Stock Clearing Corporation
Total Delivery
Delivered——
Bal. to Deliver
Charge to the Account of Receiving Member
—
Figure 35a. Charge Ticket—foPm sent to receiver’s cage in Day Branch,
S.C. C.
tickets pertaining to them, instead of merely exchange and
comparison tickets and sales memoranda.
When a clearing member delivers securities through the
Central Delivery Department, he attaches to each security de-
livery (which may of course consist of more than one security
certificate) a special “charge ticket” for delivery between mem-
bers through that Department (Figure 35). This ticket is
inscribed with the name and clearing number of the delivering
member, the date, the name of the receiving member, the
amount and identity of the securities delivered, their price. and