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TeachMeFinance.com - explain
Private-wire house
historic definition...
Private-wire house -- A brokerage concern which has private
telegraph wires to its branch offices or to the offices of correspondents
at other points. The telephone has superseded the
telegraph to some extent ; private telephone wires are hired
the same as private telegraph wires.
About the author
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Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".
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Copyright © 2007 by Mark McCracken, All Rights Reserved.
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