This section is from the book "Money And Investments", by Montgomery Rollins. Also available from Amazon: Money and Investments.
These differ from ours, as we give the number of shares, etc., traded in, and the prices realized, but in London only the bid and asked prices are given. (See ' "New York Equivalent.")
The stock exchange quotations are given in fractions of one pound in this manner:
Shillings | Pence | ||||||
1-32 | = | 0 | 7 1/2 | 3-32 | = | 1 | 10 1/2| |
1-16 | = | 1 | 3 | 7-8 | = | 17 | 6 And so on. |
1 During the World war, the "daylight saving plan" has been adopted in London, so, for the time being, the exchange opens earlier.
 
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