REFERENCES FOR FURTHER STUDY 677
Schneider’s pamphlet is modern, detailed and surprisingly compre-
hensive considering its brevity; the author’s connection with the Borse
administration makes it a semi-official publication. The official rules
and regulations are issued by the Handelskammer in pamphlet form:
Hartung’s “Usancen” and Meyer's “Borsengesetz” are also standard
works. Sayots’ article of course reflects the French viewpoint.
Amsterdam’s Stock Exchange has been much described, but usually
in Dutch. The anniversary Gedenboek is a splendid historical study,
and Ogtrop is also authoritative. The “Statuten en Reglementen der
Vereeniging voor den Effectenhandel te Amsterdam” is available only
in Dutch. In German, however, one can read Brenningkmeyer and
Stillich; in French, there is some very interesting and valuable in-
formation in L’Illustration for August, 1928. For other markets,
consult the general bibliography under their respective nations.
The functional aspect of organized markets has been described
elaborately in England by Lavington, Ellis, and J. A. Hobson; one
should also consult on this score the references under Chapters IV
and V following. Huebner in America was first to outline the eco-
nomic functions of stock exchanges systematically. Conant is also
helpful. Emery is the best authority on their speculative aspects.
Simmons’ addresses in San Francisco (1926), Chicago (1926), and
Norfolk (1929), and Whitney's address in New York (1930), are
also popular presentations.of important phases.
Organized commodity markets have been considered mainly outside
the scope of the present book, yet references to G. Huebner, Hubbard,
and Boyle are of interest to students of stock exchanges.
Chapter III. The Rise of the New York Stock Exchange
The early records of the New York stock market (1792-1817)
are scanty and intermittent ; one must piece together the story of these
days from the New York Post or from old notebooks of contemporary
stockbrokers. The archives of the Exchange itself really date from
1817. Hunt's Merchants’ Magazine, which ran from 1839 through
the Civil War, is useful only in a general way. The early history of
the New York stock market was, however, accurately and delightfully
surveyed in Stedman’s classic history of the Exchange, which runs
down to about 1900. (Would that another Stedman would appear
to write an equally readable history of the Exchange from the latter
date to the present!) Hill and Villard, more easily obtainable than
Stedman, also cover this early period.
Interesting sidelights on the period to the close of the Civil War
are furnished by numerous vet obscure authors and pamphleteers like
