Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-07-25
snecIal CORRESPONDENCE.

ooo ,,,,,,,,,,.,. 90 ,t,, ,,t,ot, ~,
-,
change nave resigned ana 'ol
clerks have been withdrawn
frou the floor of the "house." And
,,,,. ,,,,t, a., ,o.+ e,,,. ,,o,,,t,
'"lS WYNN" '"c ''''
Nov VII stock excbange' I, ,yonId
be a bombshell. Wall street would
he having red, white and blue fits. But
here, in sedate old London the news
has attracted little attention. The
newspapers have devoted merely a
paragraph or two to IL, But then IN
Wall street seat on change is worth
anything from 100000 to $lOO,OOO,
and there are but LOO members. In
London there are today 5.01S mem
bers, and up to 1904 the membership
was unlimited. Seats which nomihally
are worth S3,50O are at the moment
scarcely fetching a $50 note.
Frenzied finance In London in Its
time has outfrenzied anything Wali
street ever attempted. Yet today the
bottom has dropped out of LONDON
stockbroking, and Wall street, as the
biggest and quickest money maker
reigns supreme. Still. the London
Stock exchange is the greatest In size
and variety OF dealings, IN the world
ana, II must not be Forgotten. is tne
mother Of all stock exchanges In
Wall street American securities are
dealt in almost exclusively, with d
fair sprinkiing OF Foreign BONDS But
in London STOCKS ana ponds anu
shares in every imaginable enterprise.
in every country or hole ana corner oil
the earth, are bought and sold.
ALI, TRY TO LIST"
,,o,,,, ~, am, nay,t of tho vide Wonder
full far-fiung empire of Britain, be 1t
railroad, mine or industrlal enterprise
which does not attempt TO Inst on the
London Stock exchange, ana whlch
does not market lts suaies IN LONDON
Add TO these the tnonSahus OF lorelsh
companies IN whlch BRUSH money Is
invested ana the totai is colossal Yet
for over TWO years BUSINESS mas SO
siumped on Lohdohs w an street
that mere ~ lot enousn 10 90 louiiu
even atter these recent Wholesdle re-.
lgnatlots; ~ ~ pasSins sV'uhse til"t
this shouiu De III country poss si7S..,l=,
an annual income ~ hoal lon p'.II l''ii
OF collars ana visible VEerse" ''"ue
OF over liNe piillots Oh uoi i'li ,,,,,,,,,
but there ure many ~ ailee '"li's9'
parIlcuilr,y " an tAi'i.i =" 1ms
.ahu. Ahu ON VI e'te ~ ,'s ~
t is the I-oi'"'i' 9'oeN e>''''''se anu
i's n't ~ IT,,,,,, S.,+o g. o,,
~ w y 'lie0u $3.50 - .'",i
e , " aeni or nt m"uiu ,I,,
li9 ~ Wv, ~ ne i,ie w p,''.,,,.
w Al -, En,In,H ~ Yr,, 60 49, hroi,o,
~ o., a. q, go, 80 ~ % -, i,Ip,o,.
but ~ y, h"s ~ =" ~ 20
, nnh de,iine ciIort oanrot o,,',.oa,l,
49, S,,a,, hrt oni,' tbrainb
hrolser
MULTITUDE ON FLOOR.
,,,, ,,.,,,o..,,,,. t T..
,,..i' ~, VI Wy HI'i,.ns ~
uiNiueu llito Jopp p,,l ui'u pIoNvlS >, anu
80 nlv'nper ~ al.pNru lnISe ciel NJ on
o an oan 80 ,,iu' v"i,S "le su,'ly
.o'Vvy men VINO n,e ,'r 80 p,t'Ile1 i
~ III, p''Nies'H VI '"e ii"uSe an"
ms M, l', M, ,,.,..,,,, .,,t,., ~, ra.,
~ "air ~, ~ vi, "a [o''uop'
a,d t ~ e"s s,, ~, 49, 'rh - ai,t
iist,,o, a. 1n Mo ,.C,t n'i' va, '''
Sa,'o' ma s',a,,"tai ad,tar az ~ a.,
ala IL Ill, aiitt,, ;, ,rt III, -.
on,',r', ,,.,'i8,,, s,,,,,,ro Ii 90
,i ~ h ,,' ~ o,u
'1i ~ ~ n,,t 9INu'"
~ ,,tc,r,,,, 40 ,,oj,.,,,a,, Wvaos,, ~,
20 ~ va ,.,.'s,'r,a,,, ",'s,t,t
ui t"r Lo'uoi, sinattom th tr,,
dous figures OF twelve and half bill
lions Of dollars The principal section
of the financial district l., of course,
that immediately surrounding the stock
exchange. There is Lombard street
Throgmorton street Threadneedle
street. Cornhill, Capel Court ana Short
cr's Court,
Each OF these streets has It's indi-
viduality In the London world OF IL