REFERENCES FOR FURTHER STUDY
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Pohl, and Thorwalt; and in Amsterdam by Smith and the Committee
report of the Vereeniging voor den Effectenhandel.
Chapters XII, XIII and XIV. On Clearance and Settlement
American material includes report of the Stock Exchange Committee
on clearing houses, Cannon, Noyes, Pratt, Richter, and Streit,
as well as the official publications of the Stock Clearing Corporation.
A complete account of stock exchange clearing systems in London,
Berlin, and Paris is given in the author’s study on term settlements.
Todman is valuable on the accounting aspects of American security
clearances, and Goldman on their legal aspects. H. H. Cohen gives
1 valuable brief account of the evolution of security clearance in
New York.
There seems to be no complete account in print of the London
Stock Exchange settlement operations, although Decoudu is informative.
For the Paris Bourse, see Boissiére. German material on the
Liquidationskasse A. G. and the Bank des Berliner Kassen-Vereins
includes the official publications of those institutions, and also informarive
articles by Beseler in Bank-Archiv. The Rheinisch-Westfalischer
Kassen Verein’s Geschafts-Ordnung are interesting in their provisions
for the depositing of registered securities.
Chapter XV. The Commission House
Good general descriptions may be found in Van Antwerp, Pratt,
Dice, and Huebner. Smitley’s briefer studies are more practical.
Todman is particularly inclusive from the accounting standpoint.
Legal aspects are well covered by Goldman, and also by Glenn and
Norton. Commerce and Finance's special number was devoted to wire
houses ; on this see also “Alleged Divulgence of the President’s Note.”
London stock brokerage is described in varying detail by Callaway
and English, Cordingley, Day, Killik, Kennedy, and Lidington.
Chapter XVI. The Administration of the Stock Exchange
In general, see Van Antwerp, Huebner, Struble, and official publications
of the New York Stock Exchange. The legal aspects will
be found in Dos Passos, Goldman, and in various briefs by counsel
for the Exchange.
For critical discussion, consult Hughes Report and articles by
White, Money Trust, Pujo Report, Regulation of the Stock Exchange,
Noble, brief by counsel relicensing stockbrokers, and Annual Reports
nf the President.
