Table: How The Financial Centers Stack Up

              VALUE OF  COMPANIES  MARKET
                SHARES TRADED   LISTED  CAPITALIZATION
      1994           BILLIONS            BILLIONS 
      NEW YORK        $2,618     2,570   $4,341
      LONDON           1,060     2,534    1,239 
      TOKYO              895     1,782    3,670 
      FRANKFURT          664       650      510 
      PARIS              213     1,303      461 
      
      DATA: LONDON STOCK EXCHANGE
      

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