January 28, 2010
Online stock trading – The textile mills, fed by southern cotton, were gaining strength.
The country was beginning to build. In 1817, the brokerage fraternity formalized its organization by drawing up the first constitution of the New York Stock and Exchange Board. A decade later, twelve banks and nineteen fire and marine insurance companies, the Delaware & Hudson Canal Co., the Merchants' Exchange, and the nation's first public utility, the New York Gas Light Co., were on the stock list. By 1837, eight railroads had been added, and the surging expansion of the country was under way.
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