Coa DEBODENE OC 40 SEMROSE sD

THE

BOSTON. STOCK EXCHANGE

ORGANIZATION

4E Boston Stock Exchange was organized on
October 13,1834, and, with a single exception,
has continued its activities uninterruptedly
from that date. The exception represented the
period from July 30 to December 10, 1914,
and was the result of the chaotic conditions precipitated by
the beginning of the World War. Even in the panic of 1837
its operations were continued, despite the necessity on the part
of some of the other Exchanges to suspend activities for a time.
The Exchange grew out of the foresight of a small group of
local men, who realized the important part which an organized
securities market might play in the business and industrial upbuilding
 of New England, and of the country as a whole. That
its scope, in the beginning, was broad enough to include the
financing of our developing foreign and domestic trade, is indicated
 by the first public notice which is to be found of its
organization. To quote from the Boston Advertiser €T Patriot of
November 3, 1834:
“We learn that the greater number of stock and exchange
brokers in this city have organized themselves in a board which

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