Stocks: Wall Street in Europe

Encouraged by their success in raising the number of U.S. stockholders from 7 million to 17 million in a decade, U.S. businessmen and brokers are looking to Europe for the next big boom in American stocks. Brokerage houses are rapidly expanding their networks on the Continent and providing new and faster quotation services. More and more American companies are seeking listings on foreign exchanges as a way of attracting European investors. Last week Litton Industries, California's fast-growing electronics complex, began trading on the Zurich Exchange, bringing to more than 250 the number of New York Stock Exchange securities now...

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