Show THE STOCK EXCHANGE by CHARLES R GAY officer now new york stock exchange anae HERE is a widespread misunderstanding T THERE of th the e E exchange what it really is is it does not buy or sell securities it does not dictate prices it Is simply a market a meeting place where members gather to transact business in securities it Is not a private club it Is a national institution filling a national nee need of first importance to it come the orders order of those who wish to turn cash into earning power or securities into cash and the prices registered on our tickers are a composite of the hopes an and d fears tind and necessities of the he worlds I 1 security holders it Is a ireat great liquid market responsive to the needs of a great nation it exists because it fills a vital need and because it Is equipped to render service |