Edison Stock Tickers
Antique 1929 Trading Post Gate from the trading floor of the American Stock Exchange (AMEX). Installed in the summer of 1929, just before the Stock Market Crash of October, which marked the beginning of the Great Depression.
At the New York Curb Exchange, which became the American Stock Exchange in 1952, stocks were bought and sold at octagonal-shaped trading posts until they were removed in 1967. Each post was comprised of seven stationary cabinets and one gate cabinet that swung open on heavy hinges. This is one of the gates, and represents two trading stations. (Has hinges on one side and snap catches on the other.)
It has 128 pigeon holes, four compartments for the specialists' books, and two drawers. The drawers have thick wooden lids that double as foot rests for traders sitting on stools around the post. There is also an open foot hole across the bottom for taller traders and/or people in standing positions. The back also has pigeon holes for the clerks.
Measures about 45" x 45" x 10", not very large but has lots of wood and metal which makes it heavy. Some of the wood pieces below the bakelite tabs have broken off over the years, and several of them are in the drawer. Some of the tabs on the right side have numbers, letters, and fractional stock prices written on them.
Great piece of American financial history. Doubt you'll ever see another outside of a museum or university.