India - Nepal - Pakistan

Mar. 22 Hectic life for Indian Stock Exchange members excitacle Bombay Brokers and Jobbers make throg street se a haven of peace in coa with India'sal Stock Market: Worse the opening day at the Sales, noisier, more crowded and more hectic that a railway torminus on a Bank Holiday: in comparison with the Stock Exchange in Bombay, London's House and its Floor presents a dignified, nay! funereal picture, oven during Bank rate changes. These exclusive pictures just received from India'scatest commercial city, wereken just after President Nehru's government had announced changes in textile takes which affected textile shares. In a temperature of 104 degrees our correspondent witnessed scenes of excitement undreamed of in a financial setting; Masses of white robed babu-clerks, their jobber principals, the brokers, and scores of tic-tac men signalling prices and deals to brokers operating telephones and watching them from the windows, small groups of dealers arguing over prices, occassional moments of peace for totting up profits and prices made a facinating opportunity so study the Indian businessman at work. Novel idea of the jobbers is to use a leather hanging strap attached to an iron rail to provent himself from being pushed or pulled off his stand

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Affected Announced Arguing Bombay Brokers Changes Comparison Correspondent Crowded Dealers Deals Degrees Dignified Exclusive Funereal Haven Hectic Idea Jobbers Masses Moments Nehrus Operating Opportunity Oven Prices Principals Profits Pulled Pushed Rate Robed Sales Scores Shares Signalling Strap Telephones Temperature Witnessed Worse

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