ily, such misunderstandings have been cleared away. An official of the New York Quotations Syndicate, representing American brokerage houses in London, on April 26 paid a visit to the secretary of the London Stock Exchange Committee for General Purposes, Mr. A. L. F. Green, and assured members of the London Stock Exchange that American houses were working and would continue to work, in full ce-operation with members of the London Stock Exchange. Mr, Green was assured of the fact that no member of the New York Syndicate would endeavour in any way to press for business under existing conditions, and that the general attitude of American brokers to new business was precisely that adopted by members of the London Exchange.
I understand that Mr. Green, in
1 good will of both parties for ign ria his belief in the con-full ce-operation.
"Meanwhile, the proposals for estabolishing full "clearing" arrangements have naturally received some-[thing of a setback, but approaches have already been made to the New York E and to the and Exchange Commission, that the need for such an
Text read from the printed page and cleaned; old type leaves the occasional error.