The Project Gutenberg EBook of The New York Stock Exchange in the Crisis
of 1914, by Henry George Stebbins Noble

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Title: The New York Stock Exchange in the Crisis of 1914

Author: Henry George Stebbins Noble

Release Date: July 18, 2009 [EBook #29443]

Language: English

Character set encoding: ASCII

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THE NEW YORK
STOCK EXCHANGE IN
THE CRISIS OF 1914

BY
H. G. S. NOBLE
PRESIDENT

[Illustration]

GARDEN CITY NEW YORK
THE COUNTRY LIFE PRESS
1915

_Copyright, 1915_
THE COUNTRY LIFE PRESS

INTRODUCTION

The year 1914 has no precedent in Stock Exchange history. At the
present time (1915), when the great events that have come to pass are
still close to us, even their details are vivid in our minds and we
need no one to rehearse them. Time, however, is quick to dim even
acute memories, and Wall Street, of all places, is the land of
forgetfulness. The new happenings of all the World crowd upon each
other so fast in the financial district that even the greatest and
most far-reaching of them are soon driven out of sight. This being the
case, it has seemed to the writer of these pages that some record
should be kept among the brokerage fraternity of what was so great an
epoch in their history, and that this record could best be written
down by one who happened to be very favorably placed to know the story
in its entirety.

Of course the archives of the Exchange will always contain the minutes
of Committees and other documentary material embodying the story of
the past, but this dry chronicle is never likely to see the light
except when une