The Street's new paper cutter.

The article focuses on the use of a new computer system by brokerage house Hornblower & Weeks. Its chairman of executive committee Howard E. Buhse mentions that he wanted a traditional brokerage service that could deal with any type of order without losing money or track of it in which he decided to employ a computer system. In addition, Hornblower's computer system eliminates back-office paperwork and effectively changed the company's operations as well as personnel assignments.