Life or Change Among Bulls and Bears on Wall Street
A feature on the rise and fall of fortunes at the New York Stock Exchange. It discusses record daily volumes in 1961, the seven to ten thousand dollar seat prices, the Gratuity Fund and widow benefits, and the dangers and strategies of speculative trading. It also cites expert advice on successful investing, warning against herd enthusiasm and urging patient, disciplined pyramiding.
MENTIONED IN THIS ARTICLE
No. 10
Wall St
Stock Exchange
City of
New York
Wall Street
Re Stock Exchange
Ock Exchange
New York Stock Exchange
Revome
Henry Clews
Ous
A. Ee Aap
Brokers Optimistic About Prosperous New Year
In a favorable financial view, bankers and brokers express confidence as recovery in money markets and crops, with Henry Clews noting that a gradual stock market panic has passed. He cites strong corn, iron, and metal output, rising wages, and larger exports as signs of a robust year ahead.
MENTIONED IN THIS ARTICLE
Henry Clews
Stock Exchange
Wall Street
Watch Out for Friends in Business Says Francis Emory Trowbridge
J Temple Gwathney of the Cotton Exchange presents a cautionary message about trust in business. He warns that even close friends may exploit you for profit and urges vigilance. He stresses that everyone has an axe to grind and cautions not to rely on friendship in investments or dealings.
MENTIONED IN THIS ARTICLE
Francis Emory Trowbridge
Bank to Relocate to Irving Building New York
The bank will move in February to the Irving Building at the Cham bers and Hudson streets corner in New York City. It will occupy commodious quarters with facilities for modern banking. Officers are Charles H. Fancher president, Charles F. Mattlage vice president, Samuel S. Conover vice president, and Benjamin F. Werner cashier.
MENTIONED IN THIS ARTICLE
Irving Building
Chambers and Hudson Sts
New York City
Charles H. Fancher
Charles F. Mattlage
Samuel S. Conover
Benjamin F. Werner
William A Smith NYSE's oldest active member and benefactor
William Alexander Smith led the Smith banking and brokerage house at 71 Broadway. He joined the Stock Exchange on December 17, 184. He started in a Philadelphia counting house at thirteen and moved to New York in 1844, becoming partner in Colt & Smith in 1845. He served as Stock Exchange treasurer from 1861 to 1865 and was president in 1866 67, renowned for his philanthropy.
MENTIONED IN THIS ARTICLE
William Alexander Smith
New York Stock Exchange
Broadway
The
Stock Exchange
Philadelphia
New York
Colt & Smith
New-Amsterdam National Bank Moves to National Status
The New-Amsterdam National Bank occupies premises in the Metropolitan Opera House Building at Broadway and Thirty ninth St New York City. It began as a state institution in May 1897 and opened in October of that year with a notable directorate. In April 1901 it reincorporated as a national bank and today lists officers and directors including R R Moore C W Morse J Baumann and J G Hendrich among others.
MENTIONED IN THIS ARTICLE
New-Amsterdam National Bank
Metropolitan Opera House
Broadway
Thirtyninth St
New-York City
Thomas C. Aston
Samuel D. Babcock
Robert Goelet
George Jones
Jesse Seligman
Frederick D. Tappen
Jacob D. Vermilye
New Amsterdam National Bank
R. R. Moore
C. W Morse
J. Baumann
J. G. Hendrich
C. T. Barr
Romaine Brown
Frank Curtis
Joseph J. Kittel
R. V. Lewis
James McMahon
Cc. W. Morse
H. F. Morse
Daniel O'Day
Frank W. Sanger
Louis Stern
George J. Smith
F. K. Sturgis
Trustee of New York Security and Trust Company Named
He serves as a trustee of the New York Security and Trust Company and holds officer roles in numerous financial and industrial institutions.
MENTIONED IN THIS ARTICLE
The
New York Security and Trust Company
Seligman and Co A Leading New York Banking House
J and W Seligman Co of 2 Broad Street stands as a historic Wall Street institution. Founded in the Civil War era, it helped fund the federal government and now serves as fiscal agent for Navy and State departments. Isaac N Seligman leads the firm with renowned integrity and philanthropy.
N W Harris Co A Leading Bond House in 19th Century
N W Harris Co of New York Chicago and Boston, founded 1882 by Norman W Harris, is a premier financial firm specializing in conservative municipal railroad and corporate bonds. It acts as banker and fiscal agent, with no stock brokerage or commission business, and maintains a large volume of quasi municipal bonds for clients. The firm’s members include N W Harris A G Farr F E Black Albert W Harris Isaac Sprague Allen B Forbes P W Brooks J W Edminson and others.
MENTIONED IN THIS ARTICLE
N. W. Harris & Co
New York
Chicago
Boston
Norman W. Harris
N. W. Harris
A. G. Farr
F E. E. Black
Albert W. Harris
Isaac Sprague
Allen B. Forbes
P. W. Brooks
J. W. Edminson
New Amsterdam Safe Deposit Company Vaults In Bank Building
The New Amsterdam Safe Deposit Company vaults are located in the same building as a bank, offering great convenience for uptown customers who can securely store valuables insured against loss. The National Park Bank of New York, with capital of 2,000,000 and surplus of 4,511,386.45, is cited as a conservative institution with a roster of notable directors and resident partners in New York City.
MENTIONED IN THIS ARTICLE
Bank
New Amsterdam Safe Deposit Company
National Park Bank OF
New York
Joseph T. Moore
Stuyvesant Fish
George S. Hart
Charles Sternbach
Charles Scribner
Edward C. Ho W. Rockhill Potts
August Belmont
Richard Delafield
F' S
RK. Appleton
John Jacob Astor
George S. H
George Frederick Vietor
Albert H. Wiggin
Cornelius Vanderbilt
Faris and Thayer and Other Brokers on Wall Street
A snapshot of prominent Wall Street firms including Faris and Thayer at 52 Broadway established 1885, F S Smithers & Co at 49 Wall Street, Drake Mastin & Co with decades on the NYSE, Wolf Bros & Co with Philadelphia ties, Peyton & Co at 69 Wall Street serving as fiscal agents for Mexican railroads and mines, Freeman & Co once Vanderbilt directed, and M Strang & Co at 52 Broadway offering rapid stock, grain and cotton price data.
MENTIONED IN THIS ARTICLE
C. M. Strong & Co. Co. M. Strang & Co
Broadway
Banking Firms Post and Flag, Shearson Hammill Listed
Post & Flagg at 38 Wall Street dates from 1888 with partners George B. Post Jr W Allston Flagg Benson Sloan Alfred L Dennis and Henry Shaw. Shearson Hammill & Co at 71 Broadway lists Edward Shearson C W Hammill and W Hamilton Usk as members.
MENTIONED IN THIS ARTICLE
Post & Flagg
Wall St
George B. Post, Jr
W. Allston Flagg
Benson 3B. Sloan
Alfred L. Dennis
Henry Shaw
Prominent New York Brokerage Houses Noted in 1900s
Prince and Whitely of 52 Broadway long esteemed in New York brokerage. Charles A Towne & Co incorporated in 1902 with offices on Wall Street and State Street Boston dealing in municpal bonds and securities. Hallowell and Henry of 41 Exchange Place specialized in bank and trust stock with founders Jewett Hallowell and Robert Edward Henry.
MENTIONED IN THIS ARTICLE
Cuyler, Morgan & CO
Pine Street
New York
Union Bank of London
British Linen Co
London
Scotland
Ulster Bank, Ltd
Belfast
Ireland
Branchem
Prince & Whitely
Broadway
New York City
Charles A. Towne & CO
Wallst
State St
Boston
Hallowell & Henry
Exchange Place
Bank and Trust Company
Jewett
Notable Stock Exchange Members Include Blair & Co Partners
Among the Stock Exchange members S. W. Boocock of Broad Street is esteemed for wisdom and conservatism. Blair & Co., at No 33 Wall Street, are general bankers handling foreign and domestic business. The Blair firm lists De Witt C Blair James A Blair C L Blair John B Dennis Edgar L Marston and J Insley Blair as members.
MENTIONED IN THIS ARTICLE
The
Stock Exchange
S. W. Boocock
Blair & Co
Wall St
General
de Witt C
James A. and
C. Ledyard Blair
John B. Dennis
Edgar L. Marston
J. Insley Blair
Hurlbutt, Hatch & CO
Hurlbutt
Harris Gates & Co Brokerage Firm in New York and Chicago
Harris Gates Company operates a broad brokerage business with offices at 10 Wall Street New York and 1 Board of Trade Chicago and branch offices in both cities. J W Gates is listed as a special partner.
MENTIONED IN THIS ARTICLE
Harris, Gates & CO
No. 10
Wall St
New York
No. 1 Board of Trade
Chicago
J. W. Gates
Kountze Brothers Bankers and Their Expansion
The Kountze Brothers banking house began with Augustus Kountze in 1855 in Omaha and expanded with Hermann in 1856. Luther Kountze opened a Denver branch in 1862 and Charles B. joined in 1864, founding the First National Bank of Omaha and the Colorado National Bank of Denver before moving to New York City to act as nationwide correspondents for banks in the Equitable Building.
MENTIONED IN THIS ARTICLE
Kountze
Equitable
Broadway
Cedarst
New York
United States
Irving National Bank’s Longstanding NYC Corner Premises
The Irving National Bank, established 1851 as a state bank and transformed into a national bank in 1865, is one of New York City’s old solid banking institutions with its well known premises long situated at the corner of Warren and Greenwich streets. The bank serves a large number of customers.
MENTIONED IN THIS ARTICLE
Irving National Bank
New York City
Warren and
Greenwich Sts
Consolidated National Bank of New York Opens on Broadway
The Consolidated National Bank of New York begins business at No 57 Broadway with capital of 1 million dollars and surplus of 1000 dollars. Officers include Willis S Paine president Mortimer H Wager vice president Thomas J Lewis cashier and James Korne assistant cashier. Directors include Perry Belmont and George Crocker.
MENTIONED IN THIS ARTICLE
Consolidated National Bank of New York
Broadway
Willis S. Paine
State Bank
Mortimer H. Wager
Thomas J. Lewis
James Korne
Perry Belmont
George Crocker
Nineteenth Ward Bank Established on Third Avenue
The Nineteenth Ward Bank at Third-ave and Fifty-seventh-st was established in 1554 with a capital of $200. Officers include Joseph J. Kittel president Peter Doelger Jr vice president Louis H. Holloway cashier and John N. Van Pelt assistant cashier. Directors include John F. Carrol Peter Doelger Jr Thomas J. Dunn William Forster John J. Gibbons Fritz Handrich John J. Harrington Louis H. Holloway Joseph J. Kittel and Charles W. Morse.
MENTIONED IN THIS ARTICLE
Nineteenth Ward Bank
Third-ave
Fifty-seventh-st
Joseph J. Kittel
Peter Doelger, Jr
Louis H. Holloway
John N. van Pelt
John F. Carrol
Thomas J. Dunn
William Forster
John J. Gibbons
Fritz Handrich
John J. Harrington
Charles W. Morse
Bank of Montreal Description and Reach in 19th Century Notes
One of the strongest financial institutions in New York is the Bank of Montreal with a Montreal head office and branches at 59 Wall Street New York Chicago London and many Canadian Dominion locations. Its capitalization is 312 million and deposits total about 88 million. It serves as banker to the Canadian Government and financial agent in Great Britain.
MENTIONED IN THIS ARTICLE
New-York
Bank of Montreal
Montreal
No. 59
Wall St
Chicago
London
Dominion of Canada
Great Britain
W. R. Grace & CO
Peru
W. R. Grace
New York City
San Francisco
South America
Chili
James E March Linked To Italian Immigrant Rise On East Side
A profile of James E March, a banker and contractor and Republican leader in the VIth Assembly District, detailing his self made ascent from Italian immigrant Antonio Maggio who settled in New York after working in milk peddling and railway contracting. Also notes W R Grace & Co and Thomas Nevins & Son as prominent firms with regional holdings and ventures in South America and coal fields on the Ohio River.
MENTIONED IN THIS ARTICLE
J. E. March
James E. March
Marion Jr
Vith
Mr. March
Antonio Maggio
Castle Garden
Constableville
Lewis County
N. Y
Lowville
Lowville Academy
New York
Erie Railroad Company
March
Lawville
James FE. March
Thomas Nevins & Son
Wall St
Ohio River
Frank Tilford a Leading Figure in New York Banking
Frank Tilford organized the New Amsterdam National Bank in 1889 and served as its vice president then president in 18 percent. He also helped organize the Fifth Avenue Trust Company and the Lincoln Trust Company, marking him as a prominent figure in New York finance.
MENTIONED IN THIS ARTICLE
New-York
Frank Tilford
New Amsterdam National Bank
Fifth Avenue Trust Company
Lincoln Trust Company
Seligman Bank In Wall Street Finishes Century Of Service
J and W Seligman & Co marks in the Wall Street district, a banking house withstood financial panics for nearly fifty years. The firm, at No 23 Broad, founded during Mint days, serves as fiscal agents for both Navy and State departments and is recognized for sound banking principles.
MENTIONED IN THIS ARTICLE
2. & W. Seligman & CO
New York
Wall Street
J. & W. Seligman & Co
J. & W. Seligman Co
Isaac N. Seligman
Isaac Seligman
Wall St
Broads
Haight and Freese Company Brokerage Ad Boosts Clientele
Haight and Freese Company at 53 Broadway says determining a broker's character and financial responsibility is as important as stock selection. The maxim underscores the firm’s prominence as a widely known banking and brokerage house and its rapidly increasing clientele.
MENTIONED IN THIS ARTICLE
Haight & Freese Company
No. 53
Broadway
Haight & Freese
J L Wlean and Co. Details New York Commission Trade
J L McLean & Co of New Broad Street New York conducts a large general commission business in listed stocks bonds grain and produce.
MENTIONED IN THIS ARTICLE
Ww. P. Eager & CO
W. P. Eager & Co
Broadway
J. L. Wlean & CO
J. L. McLean & Co
New Broadst
New-York
Harvey Fisk & Sons Firm History and Members
The house of Harvey Fisk & Sons at No 29 Nassan Street has roots in Fisk & Hatch with Harvey Fisk as senior partner. The present firm began in 1885 and deals in United States railroad and municipal securities. Members include Pliny Fisk, Charles J Fisk, Alexander G Fisk, Wilbur C Fisk, Theodore H Banks, Herbert L Denny, Richard H Higgins Jr, and Albert A Tilney.
MENTIONED IN THIS ARTICLE
Harvey Fisk & Sons
Nassanst
Fisk & Hatch
Harvey Fisk
United States
Pliny
Charles J
Alexander G
Wilbur C. Fisk
Theodore H. Banks
Herbert L. Denny
Richard H. Higgins, Jr
Albert A. Tilney
William Salomon & Co Bankers Founded in 1902
The firm William Salomon and Co bankers at 25 Broad Street was established in January 1902. William Salomon, the senior member, formerly chaired the board of the Baltimore and Ohio Railroad.
MENTIONED IN THIS ARTICLE
William Salomon & Co
No. 25 Broadst
Wiliam Salomon
Baltimore and Ohio Railroad
Hornblower & Weeks Firm Opens Offices in Boston and New York
Hornblower and Weeks, a commission firm, began business in August 1858 and now operates from 53 State Street Boston and 10 Wall Street New York. Henry Hornblower serves as director of the First National Bank of Arlington Massachusetts.
MENTIONED IN THIS ARTICLE
State St
Boston
Wall St
New York
Henry Hornblower
First National Bank
Arlington, Mass
Maitland Coppell & Co Landmark Bankers of New York
Maitland Coppell and Co established in 1796 operate as bankers and commission merchants. Now at 22 and 24 Exchange Place the firm stands as a landmark in New York financial history.
MENTIONED IN THIS ARTICLE
Maitland, Coppell & CO
Bankers and Commission Merchants
Exchange Place
New York
Speyer & Co Banking Firm Guided Civil War Bond Market
Speyer & Co., the banking house at 3 Broad Street, established in 1837, aided the Civil War by marketing government bonds in Europe. The firm played a key role in financing with bond sales across the Atlantic.
MENTIONED IN THIS ARTICLE
Speyer & CO
No. 3
Broadst
Europe
Lummis and Parsons Banking and Brokerage Firm
Lummis and Parsons bankers and brokers operate in the Drexel Building at Broad and Wall Streets, succeeding Limis and Day. The firm runs a general banking and stock brokerage operation. W. S. Gurnee Jr. and Co. also conduct a general banking and stock brokerage business at 80 Broadway, with principals W. S. Gurnee Jr., B. Y. Frost and LeRoy Frost.
MENTIONED IN THIS ARTICLE
C. D. Halsey & CO. Bankers and Brokers
Mills Building
Ballard & DB
Cordova
Sherry’s
5Th Ave
Bway
N.Y
McLellan & Co. Bankers and Brokers
ST Broadway
Lummis & Parsons
Drexel
Broad and Wall Sts
Limis & Day
W. S. Gurnee, JR
Prominent Wall Street Banking Firms Named and Located
The text lists banking and brokerage houses including Halle & Stieglitz at 37 and 39 New Street established in 1890, Albert Loebe & Co at 32 Broadway with Josephthal and Rothschild, H I Judson & Co at Broadway, and E B Havens & Co at 10 Wall Street, noting their brokerage focus and locations.
MENTIONED IN THIS ARTICLE
Halle & Stieglitz
New St
Also Mentioned on This Page
J. Temple Gwathney
President Cotton Exchange
C C
D. J. Harris
NEW York Cotton Exchanger
William ST
Sion
Faris & Thayer
New- York Stock Exchange
F. S. Smithers & CO
F. S. Smithers & Co. Bankers and Brokers
F. S
C. D
Charles Smithers
George H. Schinzel
Charles Kollstede
H. C. Hoskelr
Drake, Mastin & CO
New-York Stock Exchange
Wolf Bros. & CO
Wolf Bros. & Co. Bankers and Brokers
Chestnut St
Atlantic City
N. J
A. J. Peyton
C. A. J. Peyton & Co
F. P. Freeman & C O
Bankers and Brokers
Broad Exchange Building
Commodore Vanderbilt
John M. Shaw & CO
Broad
Kuhn, Loepr & CO
Parkinson & Burr
Bankers
Ers
Yas State St
Wan Ste
Robert Goodbddy
R. L. Day
Water
Nassau St
Sharp & Bryan
Broad St
Myt
Stewart Barr & Co
WM. EB. Nichols & Co
Wall's
DE Coppet & Doremus
Edward J. de Copper
P_ Doremus
F. C. Cattus
E Ben Ingram
L. W. T. Coleman
Schulz & Buckgaber
Talbot J. Taylor & CO
Broad ST. N
Robert Taylor & CO
Baltimore
Arthur S. Leland & CO
Post Office Square
Wardwell & Adams
S. V. White & CO
V. White
A. W. Allen
Winslow, Lanier & Coo
Nassau Street
John Dickinson & 7
LA Salle ST
Clark, Dodge & CO
T. D. Hooper & CO
ST. N.Y
Sutro Brothers & CO
Fred. H. Smith
Sternbach & CO
NEW York “ Exchange
Hamilton F. Kean, R. B. van Cortlandt, G. L. Boissevain
Kean, van Cortlandt & CO
General Banking
Nassau
Chdar, N. Y
Franklin W. Hopkin
Allison R. Hopkins
Hopkins Brothers
N. Y. Stock Exchange
Broad Street
H.J. Morse
Charles D. Marvin
Coe
A. M. Kidder & CO
Frank K. Sturgis
G. G. Haven
S. L. Cromwell, W.W. T. Eldridge
W. E. Strong
J. S. Bache & CO
Jas. W. Cunningham
Tracy Rogers
Ellingwood
R. T. Wilson & CO
Pyer Pearl
Pearl & CO
William St., N. Y
D. Shepard &O
Shearson, Hammill
Shearson, Hammill & Co., Bankers and Brokers
No. 71 Broadway
Edward Shearson
C. W. Hammill
W. Hamilton Usk
Co. H. van Buren & CO
West Thirty-third St
Edwins. Hooley & CO
Edwin S. Hooley & Co
Kaiston & Hooley
Ss. W. Boocock
Consolidated National Bank
Frederick van Riper
New-York Cotton Exchange
W. P. and
Ward H. Eager
Ss. H. P. Peil & Co
S. H. P. Peil & Co
William Salomon &Co
A. Banks & CO. Bankers and Brokers
Asiel &Co
Exchange Court
Britton & Fiero
Burras & Klopfer, Bankers and Brokers
Brown Bros. & c6 Bankers
Wall St., N. Y
Chas. Gregory & CO
Clinton Gilbert
Dominick & Dominick
Wall SJ
BE. I. Oppenheim
E. R. Chapman & C O
BrOadway, N. Y
Congress St
Floyd Jones & Robinson
Farson, Leach & CO
Gilman, Son & CO
Cedar St. N
Frederic H. Hatch
Johnston BuilDing
G. W. Dougherty & CO
Commission Business
Broadway, N
H. T. Carey & CO. Bankers and Brokers
Hornblower & Weeks
Lummis
Albert Loebe& Co
Louis M. Josephthal
Louis FE. Rothschild
H. I. Judson & Coo
H. I. Judson & Co
No. Broadway
E. B. Havens& Co
E._B. Havens & Co
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!