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High Finance: 1905

New York circa 1905. "Broad Street curb brokers and the Stock Exchange." 8x10 inch dry plate glass negative, Detroit Publishing Company. View full size.

New York circa 1905. "Broad Street curb brokers and the Stock Exchange." 8x10 inch dry plate glass negative, Detroit Publishing Company. View full size.

 

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Curb brokers

The outdoor traders on Broad Street moved indoors during the 1920's. (Maybe the increase in motor traffic had something to do with that.) They organized into the American Stock Exchange. Financial reporters sometimes referred to the American Stock Exchange as "the curb" into the twenty-first century, when it merged with the New York Stock Exchange.

A Foreshadowing

When I saw those guys on the roof of the building in the far distance, I couldn't help but think of the Beatles playing their last concert on the roof of the Apple Records building.

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