HC Deb 09 April 1877 vol 233 c764
SIR JOSEPH M'KENNA

asked the Postmaster General, Whether the Post Office has not established direct communication between Manchester and the London Stock Exchange, Liverpool and the London Stock Exchange, and Glasgow and the London Stock Exchange; and, why a like facility is not afforded between the Dublin and London Stock Exchanges?

MR. W. H. SMITH (for Lord JOHN MANNERS)

The Post Office did not establish direct communication between the London Stock Exchange and the Manchester and Glasgow Stock Exchanges; it simply continued the privilege of an arrangement which had been afforded by the late telegraph companies, and the continuance of which arrangement is justified by the large amount of business transacted. The number of messages passing between the London and Dublin and Stock Exchanges is insufficient to warrant the Department in giving up a wire exclusively for their transmission.