The recent "bull market" in shares on the Stock Exchange has been unequaled in its duration, its volume of trading, and perhaps in the extent of its price advances. Yet to a less extent than ever before can the market be attributed simply to "Wall Street." Investors and traders all over the U. S. have taken part in it. This is shown by the present extent of the private wire-systems of Stock Exchange firms.
Many brokerage firms in Manhattan have gained the title of "wire houses" because of the extensive private telegraph lines which they...
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