The Jobbing System of the London Stock Exchange: An Oral History
Ref.No.: 17	Playback No.:

Interviewee's surname:  Colby	Title: Mr
Interviewee's forenames: William Marcus
Date of birth:   20 November 1903	Sex: Male

Date(s) of recording: 26 March 1990
Location of interview: W.I. Carr (Investments), 1 London Bridge 
Name of interviewer:  Bernard Attard
Type of recorder:  Marantz CP 430
Total no. of tapes:   1      Speed:
Type of tape:   TDK AR-60     Noise reduction:   DBX
Mono or stereo:  stereo      Original or copy:  Copy
Additional material: Copyright/Clearance: CMH; no restrictions

SUMMARY OF CONTENTS

Tape 1, Side 1

Personal and family background; joins Halfhead & King in 1926; obtains business in English Ford company; early recollections of the House; joins Walter Walker; conditions in the Stock Exchange during the Depression; description of some clients; offered a job in Akroyd & Smithers; pre-War jobbers; definition of a 'squirt'; dealing with jobbers; pre-War Stock Exchange; the Morris issue; 1926 rubber boom; Kennedy assassination; post-War Stock Exchange; avoids investing in fixed interest stocks.

Tape 1, side 2

Avoids investing in fixed interest stocks; typical day; relations with jobbers; business outside the House; Ferguson & Clark dealing direct with-client; jobbing firms which he dealt with; reminiscences of clients; American street market; recollection of dealing in the street after the 1929 crash; 1974 recession; pre-War only dealt with a small number of jobbers; end of single capacity; strengths of jobbing system; qualities of a successful jobber.