How a Stock Order Is Handled on the Exchange
A detailed look at the New York Stock Exchange trading process during the late May crash period. The article follows buyer and seller actions, broker communications, floor clerks, and the flow of orders from initial request to confirmation, including the auction style pricing and the pneumatic delivery of trade data.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Keith Funston
The
NYSE
Porter Nyse
Jones
ZYX
Mr. Smith
Smith
Forders
Exchange Hall
Ticker Operator Records Sale On Perforated Tape
A ticker operator records a sale on a keyboard marked ZYX 5514 and perforates a six channel tape. The slip ZYX ar i ZYX 5544 appears on the ticker plant with 3 800 familiar tapes carried along a belt. Brokers Jones and Smith each learn the transaction status from the two confirmation papers.
MENTIONED IN THIS ARTICLE
U. S
Stube
Canada
U S and India Sign Long Term Loans for Development
New Delhi reports the United States and India agreed on 285 million dollars in long term loans to boost Indian industry. The 40 year loans carry 34 percent interest and fund diesel locomotives, a thermal power plant, a coal washery, and imports including fertilizers tools and news print.
MENTIONED IN THIS ARTICLE
New Delhi
U.S
India
iIndian
U.S. Army Lifts Seoul Restriction After Tense Rallies
The U.S. Army in Seoul lifted a two week restriction that confined servicemen to their compounds. The order followed June 8 protests sparked by an incident in which two American officers beat a Korean civilian. The move aimed to prevent friction between soldiers and civilians.
MENTIONED IN THIS ARTICLE
Seoul
U. S.army
U. S
Bub's antics spark lodge installation ceremony fiasco
On Thursday at 8 p.m. Bub disrupts a lodge installation ceremony creating a scene that embarrasses Mike Douglas during MY THREE SONS on KCRG TV 9.
MENTIONED IN THIS ARTICLE
Bub
Mike Douglas
Kcrg-Tv
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By Sylvia Porter
Little Liz
Wilan
MVS Wikies
Fischer
Travel Bureau
Hawaii
Dr. Scholl
Drug
Dept
D! Scholls Zinopads
Baumhoefener’s
Baumhoefener
Johnson Ave
East Side
West Side
First Ave
Spiedel
Monroe
Pte 1
Foster
Goodyear
Lord Elgin Watches
Sterno
FBI
Waich
Walt Seiler
Walmart
Discount Center
Paramount Theatre
Mary Spivak
General Electric
Second Avenue
THURS
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