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Sep 30, 1996

Market Movements

Is the NYSE really likely to abandon George Post's landmark for a new location?

So which would be worse,' I asked Bill. 'The New York Stock Exchange leaving Wall Street or the Yankees leaving the Bronx?' My paper had run stories on both that morning and it seemed reasonable to ask Bill since he was both a broker and a baseball fan. 'What Steinbrenner does with the Yankees, who can say,' he replied. 'But the exchange will stay downtown, even if it moves from Broad Street and Wall.' I wondered if the growing tendency to refer to the marble temple to capitalism by its location

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