Excerpt from The Stock Exchanges of London, Paris, and New York: A Comparison Bank of England, Frontispiece; Stock Exchange of London. Capel Court, Stock Exchange of London. Shorter's Court; Stock Exchange of London. Interior; The Paris Bourse; The New York Stock Exchange. Broad Street; The New York Consolidated Exchange. Broadway. The publishers beg to state that they made an effort to secure from the authorities of the Stock Exchange of London permission to have made a photograph of the interior of the building. This permission was, however, refused, and they have therefore been compelled to use for their illustration an old print, the only view now extant, and which fortunately represents very nearly the appearance of the interior to-day. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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First published in 1987, this is a reissue of the first book to offer a detailed comparison of two of the foremost stock exchanges in world before 1914. It is not only an exercise in comparative economic history but it also relates these institutions to wider world markets, thereby clarifying their functions and how they related to the general financial and economic framework. Students and researchers in economic and social history will welcome the reissue of this groundbreaking account of two historically important institutions in a crucial period of their development. Financial practitioners and others will also find much of interest here, in terms of both fascinating history and of insights into an era when a global market was rapidly evolving largely free of the twentieth-century distortions and hindrances introduced by wars, interventionist governments and exchange controls.