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        <title>" AMERICANS AT WORK  STOCK EXCHANGE "  AMERICAN STOCK EXCHANGE  UNION WORKERS  STOCK BROKERS GG44705</title>
        <link>https://peertube.dngr.us/videos/watch/6da7d475-952d-4772-a7b2-b2be32f20789</link>
        <description>Join this channel to get access to perks: https://www.youtube.com/channel/UCddem5RlB3bQe99wyY49g0g/join Help us preserve, scan and post more rare and endangered films! Join us on Patreon. Visit https://www.patreon.com/PeriscopeFilm Visit our website www.PeriscopeFilm.com “Americans at Work Stock Exchange” was produced by Norwood Studios for the AFL-CIO. It was one of 99 films produced between 1958-60 to educate the American public on various union industrial jobs and duties.  This episode explains the process of trading shares in companies through buyers and sellers, mediated by brokers. It was apparently shot at the American Stock Exchange in New York City around 1958. The stock exchange floor is shown to be a buzzing area of activity; hands signals and pneumatic tubes maintain communication between workers. Functions of the ticker tape and the quotation room are explained. The quotation room provides up to minute information on rising and falling stock prices. The film explains the necessity of accurate record keeping and data processing in the clearing room. It also dives into the roles of clerks and assistants who support the brokers. Historically, it shows the role of capital markets in the US economy; how money moves and how it is invested into companies through the purchase of shares rather than goods. Workers in white buzz over the stock exchange floor (:09). The closing market average from the preceding day are relayed (:16). Ground views on the floor follow (:32). Brokers throw hand signals across the floor (1:05). Money is traded for shares (1:26) in the securities exchange. This feature is presented by the AFL-CIO (1:30). Images appear of the John W. McCormack US Post Office in Boston, Massachusetts (1:49). Areas supported by the stock exchange include industrial yards (2:08) and automobile plants (2:24). A map of the northeast (2:59). Scenes follow on the floor at ten am as the day begins (3:22) with a gong from the opening bell (3:270. Telephone order clerks on raised platforms receive information from broker representatives on the trading floor (3:49). Trades are arranged at the trading post (4:06). Pneumatic tube system (4:26) carries information and forms in the building. Ticker tape machine (4:26). Scenes from the tube room follow (4:41). This room operates as the internal communication room. Orders move from trading post to trading post. Female workers check messages from capsules and drop them into proper lines (4:59). Operators man the communication system (5:58). The ticker tape machine punches out information (6:12) which is then sent into the tubes. Information of various shares are projected onto screens on the trading floor (6:47). Images from the quotation room follow (7:14) including bids, asked and last sale prices. Operators communicate with brokers on the stock exchange floor (7:39). An explanation on a share from a steel company follows (7:54). Female workers operate the quotation board (8:37). Workers feed important information on microfilm into machines in the clearing corporation (8:52). Staff checks trades (9:16). A female staff member uses a vintage IBM punch card machine (9:55) to process accumulated data. Punch card driven computer tabulators record exchanges of stocks and bonds (11:15). An operator funnels transfer and delivery papers into proper cubby holes (12:05). The final segment shows close of day operations (12:17). Runners huddle at the exchange delivery department (12:19) in order to pick up transfer envelopes containing securities for various brokerage offices. Close of day numbers are projected on the screen (12:32). The AFL-CIO film closes the film (13:20). It was presented by Norwood Studios Inc. (13:35). NYSE American, formerly known as the American Stock Exchange (AMEX), and more recently as NYSE MKT, is situated in New York City. AMEX was previously a mutual organization, owned by its members. Until 1953, it was known as the New York Curb Exchange. Motion picture films don't last forever; many have already been lost or destroyed. For almost two decades, we've worked to collect, scan and preserve the world as it was captured on 35mm, 16mm and 8mm movies -- including home movies, industrial films, and other non-fiction. If you have endangered films you'd like to have scanned, or wish to donate celluloid to Periscope Film so that we can share them with the world, we'd love to hear from you. Contact us via the weblink below. This film is part of the Periscope Film LLC archive, one of the largest historic military, transportation, and aviation stock footage collections in the USA. Entirely film backed, this material is available for licensing in 24p HD, 2k and 4k. For more information visit http://www.PeriscopeFilm.com Source: https://www.youtube.com/watch?v=wNltyYm-3d4 Mirrored from Periscope Film (https://www.youtube.com/@PeriscopeFilm)</description>
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