Excerpt from Private Telegraphic Cipher Code
A, the client. At any point in the United States, noticing that Manhattan is 95, sends 5 per cent margin or $500 to B, the broker, ordering a purchase of 100 shares at that price.
B bu S the stock and it rises to 100. A then orders a sale. Now has a credit on the broker's books of less of 1 per cent commission and legal interest on the capital advanced by the broker.
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Paperback. Condition: New. Print on Demand. This book is an extensive investigation into the world of private communication in the late 19th century, offering valuable insights into the workings of high-stakes commercial transactions and financial markets at a time of rapid growth and industrial expansion in the United States. Readers can learn about the evolution of telegraphic communication and how it was used to facilitate trading on major exchanges, unlocking significant developments in finance. The author provides an in-depth exploration of the concerns and considerations of investors during this period, showcasing how concerns over privacy, convenience, and financial gain shaped the development of private communication methods. Through engaging explanations and illustrative examples, this book offers a deep understanding of the historical context and the multifaceted nature of financial markets, making it an invaluable resource for readers interested in economic history and the history of communication technology. 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. print-on-demand item. Seller Inventory # 9781333636432_0
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Paperback. Condition: Brand New. 38 pages. 9.06x6.22x0.24 inches. In Stock. This item is printed on demand. Seller Inventory # 1333636431
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