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The Stock Exchange

Chapter 1: BOOKS ON BUSINESS
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About This Book

This concise guide explains the workings of the securities market for general readers, mapping its role as a marketplace for stocks, bonds, and company shares, the duties of brokers, jobbers, clerks and committees, and the mechanics of trading, settlement, and option dealing. It surveys price lists, record-keeping, failures, and the typical day-to-day life of market practitioners, offers practical hints and restrained criticism, and outlines institutional history and social dimensions, aiming to demystify operations and show how the market organizes capital for investment and enterprise.

BOOKS ON BUSINESS

Crown 8vo. 2s. 6d. net.

A series dealing with all the most important aspects of commercial activity.

"Short, pithy, simple, and well informed, and written by men of acknowledged authority, these books are equally interesting, whether the reader knows something or nothing of the subject."

Manchester Guardian.

PORTS AND DOCKS. By Douglas Owen, Barrister-at-Law, Secretary to the Alliance Marine and General Assurance Company.

RAILWAYS. By E. R. McDermott, Joint Editor of the Railway News, City Editor of the Daily News.

THE STOCK EXCHANGE. By Chas. Duguid, City Editor of the Daily Mail, Author of the "Story of the Stock Exchange," etc. etc.

MONOPOLIES, TRUSTS, AND KARTELLS. By F. W. Hirst.

TRADE UNIONS. By G. Drage.

THE BUSINESS OF INSURANCE. By A. J. Wilson, Editor of the Investors' Review, City Editor of the Daily Chronicle.

THE ELECTRICAL INDUSTRY. By A. G. Whyte, B.SC., Editor of Electrical Investments.

LAW IN BUSINESS. By H. A. Wilson.

THE MONEY MARKET. By F. Straker, Fellow of and Lecturer to the Institute of Bankers and Lecturer to the Educational Department of the London Chamber of Commerce.

THE SHIPBUILDING INDUSTRY. By David Pollock, M.I.N.A., Author of "Modern Shipbuilding and the Men Engaged in It," etc. etc.

THE BUSINESS SIDE OF AGRICULTURE. By A. G. L. Rogers, M.A., Editor of the last Volume of the "History of Agriculture and Prices in England."

THE BUSINESS OF ADVERTISING. By C. G. Moran.

THE COTTON INDUSTRY AND TRADE. By S. J. Chapman.

CIVIL ENGINEERING. By T. C. Fidler.

THE IRON TRADE OF GREAT BRITAIN. By J. S. Jeans.

THE BREWING INDUSTRY. By Julian L. Baker, F.I.C., F.C.S.

THE AUTOMOBILE INDUSTRY. By Geoffrey de Holden-Stone.

MINING AND MINING INVESTMENTS. By A. Moil.

THE STOCK EXCHANGE
BY
CHARLES DUGUID
CITY EDITOR OF "THE DAILY MAIL"
AUTHOR OF "THE STORY OF THE STOCK EXCHANGE"
"HOW TO READ THE MONEY ARTICLE"
ETC. ETC.
THIRD EDITION
METHUEN & CO. LTD.
36 ESSEX STREET, W.C.
LONDON

First Published.... February 1904
Second Edition..... November 1906
Third Edition .... November 1913