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 completed
 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 southward
 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 Committee
 and ratified by the existing membership. In 1926 the Governing
 Committee approved a plan for the creation of 25 new “seats,”
but this limited plan failed of ratification by the members. Meanwhile
 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,