Business & Finance: Big Board Speaks

Because it has probably the worst press of any important institution in the U. S., people have long wondered why the New York Stock Exchange did not do something about it. Last week the Stock Exchange did something. But so long and so stubborn has been the Big Board's silence (except in defense of the status quo), that its gesture was greeted not with applause but simply with amazement. For the first time in its 141 years of existence the New York Stock Exchange spoke officially about the price of a listed stock.

The...

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