chapter  XXXIV
3 Pages

THE MARKET FOR OLD SECURITIES

THE MARKET FOR OLD STOCK EXCHANGE SECURITIES W HEN securities have once been sold through the agency of the Issuing Houses, the Company Promoter and so on, they depend for their subsequent marketability upon the organization which it is the business

of the present chapters to discuss. This organization extends throughout the entire country, varying in form from the highly developed market to the informal arrangements of the country broker and aucticmeer.