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The Stock Exchange from Within

Chapter 65: Transcriber’s Notes
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About This Book

An experienced broker offers a practical, insider account of securities markets, describing how exchanges create prices and liquidity, the economic purpose of organized trading, and the mechanics and ethics of speculation, short selling, and bears. Chapters examine relations with banks, publicity and regulatory safeguards, the causes and handling of panics with a close study of the 1907 crisis, historical legislative attempts to restrain speculation, a day‑to‑day primer for beginners, and comparative sketches of London and Paris bourses, plus an appended commission report.

Transcriber’s Notes

Punctuation, hyphenation, and spelling were made consistent when a predominant preference was found in the original book; otherwise they were not changed.

Questionable accent marks in non-English words were neither added nor removed by Transcriber.

Simple typographical errors were corrected; unbalanced quotation marks were remedied when the change was obvious, and otherwise left unbalanced.

Duplicate chapter title pages were removed by Transcriber.

The index was not systematically checked for proper alphabetization or correct page references. The original book contained a supplement of omissions to the Index; in this eBook, those omissions have been merged into the Index.

Index references to footnotes are linked to the pages on which those footnotes originally appeared, not to the footnotes themselves.

Footnotes, originally at the bottoms of pages, have been collected, sequentially renumbered, and moved to follow the Appendix.

The two illustrations are the publisher’s and printer’s logos.

Footnote 30, originally on page 68, was not referenced in the text. Transcriber added a reference at the end of the text on that page.

Page 255: “Section 5 of Article XVI” was printed imperfectly, so the “5” may be a “3”.

Page 408: Transcriber added “to” in “from time to time”.

Page 452: The Index reference to a footnote on page 258 is not correct.