Lanterna Rally

Author: Henry Hamon

Publisher: Forgotten Books

Published: 2015-06-14

Total Pages: 409

ISBN-13: 9781330295991

Excerpt from New York Stock Exchange Manual, Containing Its Principles, Rules, and Its Different Modes of Speculation: Also, a Review of the Stocks Dealt in on Change The Stock Exchange is a place of which one hears every day in the year and every hour in the day, and yet very few know anything of it, beyond the single fact that it is the place where all the transactions in stocks occur. The modern institution of exchanges dates more particularly from the 16th century in Continental Europe. The name Borse in German, Bourse in French, originated from the belief that the first gathering of the kind took place in the early part of the 16th century at Bruges, in Flanders, in the house of a family of the name of Van der Borse. According to another tradition, the first exchange was had at Amsterdam, in a house which had three purses hewn in stone over the gates, thus accounting for the use of the word Bourse. Previous to the latter part of the 16th century, the London merchants used to meet without shelter in Lombard street. Sir Richard Gresham, having seen the covered walks used for exchange abroad, contemplated erecting a similar building in London. The scheme was carried into effect by his son, Sir Thomas Gresham, who offered to erect a building if the citizens would provide a plot of ground. 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.