712 
INDEX 
Bonds—Continued 
mortgage, 18 
offerings of, 259 
over-the-counter 
market in, 260, 
271 
quotations of, 257, 268, 272 
registered, 256 
speculation in, 258 
unit of trading for, 266 
Bond ticker, 506 
Bourses (See “Stock exchanges”) 
Branch offices, 68 
Brickhouse, T. S., quoted, 440 
British Companies Act, 25 
British East India Company, 13 
British exploration companies, 10 
British national debt, 537 
British trade balance, 518 
Broker, 
definition of, 81 
Brokerage account, 
handling of, 414 
Brokerage commissions, 426 
Brokerage house, 
operations of, 160 
Brokers’ agreement, 
first New York, 63 
Brokers’ board, 647 
Brokers’ box, 433 
Brokers’ loans (See “Security col- 
lateral loans”) 
Bruges, 39 
Brussels, 38 
Bucketshops, 460, 587, 648 
Bulletin des Oppositions, 29 
“Bulls,” 181 
Bunched sales, 247 
Burgess, W. R., quoted, 544, 634 
Business Conduct, Committee on. 
450, 455 
Business cycles, 132, 634 
Button-wood tree, 63 
Buyers’ options, 312 
Cables, 71, 503 
Call loans (See “Security collateral 
loans”) 
Calls, 
in bonds, 26 
in stock market, 67, 128 
Campo Vaccino, 30 
Cancellation, 
of orders. 216 
Capital, 
direction of, 53 
flow into industry, 116 
flow into investment, 52 
segregation of risks of, 55 
stability of, 54 
Carthage, 34 
Cashier, 
functions of, 422 
Cash transactions, 312 
Central Delivery Department (See 
also “Stock Clearing Corp.) 
charge ticket, 352 
credits from, 392 
origin of, 351 
quarters of, 356, 383 
work of, 348, 355 
Central delivery of securities, 
by banks, 643 
Certificates, 
bearer (See “Securities, bearer”) 
listing requirements for, 94 
loss of, 28 
registered (See “Securities, regis- 
tered”) 
“Street,” 27 
“hecks, 
obviated by S.C.C., 407 
chicago Board of Trade, 37, 40, 46 
Civil War, 
effects of, 66 
inflation during, 66 
Clearance, 
of loans, 360 
of money, 313, 383, 308 
of odd-lots, 405 
of securities, 313, 324, 340 
origin of, 635 
sheet, 327, 332 
Clearing House blotter, 316, 326 
Clearing House of N.Y.S.E,, 314 
Closing of Stock Exchange, 668 
‘Coal-Hole Exchange,” 67 
—ohen, Herman H., quoted, 635 
—ohn, quoted, 143 
Collateral (See also “Security col- 
lateral loans”) 
acceptance of, 204 
diversification of, 291 
securities value as, 51 
Collegium, Roman, 9 
Commercial loans, 
preference for. 284. 200