Broad St. Curb Brokers Photo
Underhill, Irving, photog
From James Arsenault & Company, ABAA, Arrowsic, ME, U.S.A.
Seller rating 5 out of 5 stars
AbeBooks Seller since 07 December 2016
From James Arsenault & Company, ABAA, Arrowsic, ME, U.S.A.
Seller rating 5 out of 5 stars
AbeBooks Seller since 07 December 2016
About this Item
Silver print photograph, 10.5" x 14". A scarce photograph by noted New York City commercial photographer Irving Underhill (1872-1960) showing curb brokers trading stocks in the outdoor market on Broad St. in Manhattan's financial district. During the late-1800s and early-1900s, curbstone brokers conducted trading on the actual street-curbs of financial districts-the most famous curb market being the one pictured here on Broad St. These brokers ran informal, semi-illegitimate stock market enterprises from 1900 to 1921-shouting and gesturing from office windows to the street below, as can be seen in this image. The brokers tended to trade stocks that were especially speculative in nature, as well as stocks in small companies producing iron, textiles, chemicals, etc. In 1921 the outdoor market moved into a new home-the American Stock Exchange at 86 Trinity Place, Manhattan. By restricting risky securities to the curb, the NYSE managed to preserve its reputation while still making a market for these more speculative stocks. Some of the best stocks-such as Coca Cola, General Motors, Shell, Standard Oil, Goldwyn Pictures and Phillip Morris-started on the curb and soon moved inside to the NYSE. REFERENCES: Daly, Ann. The New York Curb Market. Which Has No Organization Whatever (2018) at gothamcenter[dot]org. CONDITION: Occasional fading but good tonality overall, light wear to edges. Seller Inventory # 5871
Bibliographic Details
Title: Broad St. Curb Brokers Photo
Publisher: New York: American Studio, 1916
Binding: No Binding
Condition: Good
Store Description
All items are guaranteed to be as described and are returnable within thirty days with prior notice. All items will be shipped via UPS unless the buyer requests otherwise. Overseas buyers should specify shipping service preference. All items are subject to prior sale. Remittance with order. Libraries invoiced upon request. Residents of Maine must pay sales tax.
The cost of insurance is the responsibilty of the buyer and is only provided upon request. Larger than average books or other oversize items may require additional shipping charges if the ABE calculated shipping charge is insufficient.
Payment Methods
accepted by seller