545 
first issue of the Evening Post, November 16, 1801, gives an idea of 
the dimensions of this market: 
APPENDIX 
Prices oF STOCKS 
6 % Funded Debt... 
Lf, 
Nan. ... 
Navy Loan... 
“sess 
Vs es eo 8» 
8% % 
561% a 57 
1r2l4 
Dar 
BANK Stock 
United States Bank..... 
New York (dividend off). .... 
Manhattan . 
“ee 
«se 
[4 
430 143% % 
12 
INSURANCE SHARES 
New York Insurance Companv............ 
Columbian... 
United . 
128 9, 
[37 a 138 
(18 a 110" 
(Pratt, p. 6.) 
(IIIb) During the past century the Exchange has successively 
occupied the old Tontine Coffee House which stood at Wall and Water 
Streets (1817-27); the Merchants’ Exchange Building formerly at 
Wall and Hanover Streets (1827-35 and 1842-54); a building at 43 
Wall Street (1835-42); the old Corn Exchange Bank Building 
(1854-56) ; the Lord's Court Building at 25 William Street (1856-65) ; 
the old Stock Exchange Building on the present site at 10-12 Broad 
Street (1865-1901) ; the Produce Exchange Building (1901-03); and 
since 1903 the present Stock Exchange Building fronting on Broad, 
Wall, and New Streets. To this building an extensive twenty-two 
story addition fronting on Wall Street was begun in 1920, and com- 
pleted in 1922. 
In 1927 an additional wing to the Stock Exchange floor was opened 
down New Street to Exchange Place, while in 1928 more space south- 
ward from the old Stock Exchange floor was made available. In the 
latter year the Exchange also acquired all the property southward to 
Exchange place, thus coming to occupy the whole block bounded by 
Wall. Broad and New Streets and Exchange Place. 
(IIIc) Under the Stock Exchange Constitution, an increase in the 
total Exchange membership must be approved by the Governing Com- 
mittee and ratified by the existing membership. In 1926 the Govern- 
ing Committee approved a plan for the creation of 25 new “seats,” 
but this limited plan failed of ratification by the members. Mean- 
while the volume of Exchange business grew rapidly, and the need 
of additional members on its floor for the adequate conduct of its 
collective business became increasingly apparent. On October 28,