Wednesday, December 28, 2011

New York Stock Exchange Presidents

Yesterday's post on Edward Sweet & Company got me thinking about whether I could put together a group of cancels and photos of the Presidents of the NYSE in the years before, during, and after the 1898 tax period.  The Presidents included here were part of firms that operated during the 1898 tax period, and consequently cancelled stamps during that time. 

The collection is a work in progress, but with the stamps from mine and Dave T's collections I was able to assemble a decent survey, with only one company cancel, that of Pomroy Brothers, missing between 1886-1912. There is also representation going back to 1878, by Mr. Ives of R. H. Bissell & Company.



Brayton Ives
President, NYSE, 1878-1879


Mr. Ives was partner in the firm R. H. Bissell & Company.


cancel for R. H. Bissell & Company

Thompson scans




There is a gap here from 1880 to 1885....1898 Revenues is seeking cancels for the firm of Vermilye Company.  Please write to 1898revenues@gmail.com if you have any 1898 series stamps with Vermilye cancels.


1882 Hudson Hawley painting of the New York York Stock Exchange on Broad Street

In 1903, the NYSE would move to a new and grander location on Broad Street.




James D. Smith
President, NYSE, 1886-1887



Cancel for James D. Smith & Company

J. D. S. & CO.
SEP  8  1899

Thompson scan




William L. Bull
President, NYSE, 1888-1889
Senior Partner, Edward Sweet & Company



perfin cancel for Edward Sweet & Company

E S & Co

Langlois scan




Watson B. Dickerman
President, NYSE, 1890-1891


Watson Dickerman was a founding partner of Dominick & Dickerman, a firm that would be renamed Dominick & Dominick upon Mr. Dickerman's departure from the firm.  Dominick & Dominick is still in business today and remains privately owned. 



Cancel for Dominick & Dickerman

DOMINICK & DICKERMAN
JAN
6
1899
NEW YORK.

Langlois scan




Frank K. Sturgis
President, NYSE, 1892-1894


Sturgis was President of the Exchange during the Panic of 1893.  The panic produced the second greatest economic depression the US has experienced after the Great Depression of the 1930s.


Cancel for Strong Sturgis & Company

S. S. & CO.
APR
10
1899

Langlois scan




Francis L. Eames
President, NYSE, 1894-1898



Cancels for Eames & Moore

EAMES & MOORE
JAN
2X
1901
NEW YORK.

die cut:

E & M

Thompson scan




Rudolph Keppler
President, NYSE, 1898-1903

Rudolph Keppler presided over the Exchange when it moved into its new and present facilities.  The Harper's issue above, on which Mr. Keppler was the cover feature, contained an article on the Exchange entitled "The American Gambling Spirit" by Edwin Lefevre.  Lefevre was a noted stock broker and journalist who chronicled the stock market in the early 20th century.


cancel for Rudolph Keppler & Company

RUDOLPH KEPPLER & CO.
SEP
22
1898

Langlois scan



Current NYSE, opened in 1903.





Ransom H. Thomas
President, NYSE, 1903-1904




Cancel for R. H. Thomas & Company:

R. H. THOMAS & CO.
SEP
5
1899
NEW YORK.

Langlois scan





Henry K. Pomroy
President, NYSE, 1904-1907


Pomroy Brothers cancel needed.  David T - Any P. B. cancels in your collection?




Ransom H. Thomas
President, NYSE, 1907-1912

Mr. Thomas returned as President during the market panic year of 1907.  The panic of 1907 was stabilized through the actions of J. Pierpont Morgan; the ensuing investigation of its cause and proposed remedies led to the creation of the US Federal Reserve.  Imagine a Ron Paul America with no Federal Reserve -- life would go back to financial panics, delivered at least once a generation, controlled only by kingpin financial barons like J. P. Morgan.  Paul can have his vision of America.  It is not mine.



Cancel for R. H. Thomas & Company:

R. H. THOMAS & CO.
SEP
5
1899
NEW YORK.

Langlois scan

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