| Show brokers of wall street wall street brokers hold themselves a million times higher in caste than bookmakers and they are right they are the creme de la creme of finance bookies are the scum bet there are many bookmakers in the street and not a few ot them are backers of brokers some are big operators supporting brokers by their commissions there are 1100 mem bers ot the stock exchange and these represent brokerage and commission firms whose partnerships aggregate no less than 1 men it Is safe to venture the assertion that each member ot the exchange and his partners would turn up the nose at an income of less than 20 a year hence at each year these brokers clean up net about 29 there are some BOO stock exchange firms which pay 3 annually for the rent of their offices these firms employ 7 clerks and assistants bookkeepers runners etc at an average wage of 1 which makes 10 thus we have in three items alone 42 that must come out of the pockets of customers to keep the great machine well oiled that la to say the public pays the sum ot 42 annually tor the privilege of supporting in splendid style people in order that they may have thear bands at telling which way the stock will go new york press |
