The Work of Wall Street (Classic Reprint)
Language: English
Published by Forgotten Books, 2018
- Softcover
- New
Seller: Forgotten Books, London, United KingdomForgotten Books
AbeBooks seller since June 2, 2021
Condition: New
£ 18.93
Quantity: Over 20 available
Add to basketItem description from seller
Print on Demand. This book, first published in January 1903, has been revised to account for many changes in the financial world, including the rise of the internet, expansion of the investment market, and the impact of government regulation. The author himself, S. S. Pratt, was not only a reporter but also a leading authority on commercial credits and clearing houses. His experiences and expertise lend a unique perspective to this comprehensive but concise description of the operations of Wall Street in the late 19th and early 20th centuries. The book provides historical context for the evolution of Wall Street, and discusses the impact of stock companies and the invention of banks and stock exchanges. It explores the relationship between Wall Street, speculation, and economic growth, and details the growth of investment markets alongside the speculative markets. Pratt also explores the risks of speculation and the evolution of regulation to manage those risks. This book is written with a balance between criticism and praise of Wall Street, recognizing its importance to the economic development of the United States and the world, while also acknowledging the potential for abuse. It concludes that Wall Street is essential to national progress, but any attempt on the part of Wall Street to stifle the growth of the country, or on the part of the country to destroy Wall Street, would be equally ruinous. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.…
Seller Inventory # 9781330276020_0
- Title
- The Work of Wall Street (Classic Reprint)
- Author
- Sereno S. Pratt
- Publisher
- Forgotten Books
- Publication year
- 2018
- Condition
- New
- Book Type
- print-on-demand item
- Binding
- Paperback
- Language
- English
- ISBN 10
- 1330276027
- ISBN 13
- 9781330276020
- Seller catalogs
- Business Investment
Peek inside the broker’s office to see how orders, margins, and trust built early Wall Street.
This nonfiction look at the origins of modern trading uses vivid scenes from the broker’s desk to show how ordinary transactions shaped a great market. It explains the mechanics of opening an account, placing orders, and the role of margins and hypothecation in daily life on the Street. Readers will encounter the people, practices, and pressures that turned quick decisions into lasting market norms.
- How a typical order moves from a customer to the trading floor and back as a completed transaction
- The rules and risks of margins, and how brokers manage credit and collateral
- The human side of trading, from trust and introductions to the dynamics between customers and brokers
- The evolution of early market institutions and their influence on today’s markets
"Synopsis" may belong to another edition of this title.
Forgotten Books
London, United Kingdom
AbeBooks seller since June 2, 2021
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Store description
Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.
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FB &c Ltd
Dalton House, 60 Windsor Avenue
London, United Kingdom SW19 2RR
Terms of sale
Forgotten Books publishes hundreds of thousands of rare and classic books.
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value.
The digital edition of all books may be viewed before purchase if you request a sample.
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