Jasper County Democrat, Volume 4, Number 4, Rensselaer, Jasper County, 4 May 1901 — TRADING IN WALL STREET. [ARTICLE]

TRADING IN WALL STREET.

Volume of Buaineta in Stpck* and Securities Paralyzes Brokers. The tremendous business which Wall street brokers have been called on to .transact during the present record-break-ing days has more than taxed their strength and resources, it has fairly paralyzed them, says a New York dispatch. One development of this unparalleled activity in the stock market is seen in the strain put upon Wall street bookkeeping. The, question has been discussed in a number of firms as to whether, if present conditions continue, it will become neet ssary shortly to Have two forces of clerks, a day force and a night force. ’Hie demand for aeoountants just now Tar exceeds the supply, fur. while ibookkeej>ers with experience in mercantile houses are easily obtained, brokers say it is ditticulf to find men who are competent to handle the Complicated accounting of 'a brokerage <>fli<e.i The tremendous advance in values la almost without , precedent, an I the dealings have never been witnessed in stick tremendously heavy volume.