Full text : The work of the Stock Exchange

THE COMMISSION HOUSE
putlook.?* In the instance of the Stock Exchange, therefore,
the development of its national and even international free
market for securities, while fundamentally due to increased
national wealth and natural economic forces, has in a practical
and immediate way been due to the extension of the commission
 brokerage house through its wire system to branch offices
and correspondents all over the nation, and even beyond its
borders.
% See Chapter 1I, p. i+
            
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