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Thursday, December 12, 2024
Industrial Company Cancels: Fox, Fultz & Company
Tuesday, December 10, 2024
Anheuser Busch and the St. Louis Refrigerator Car Company
Anheuser-Busch is arguably America's greatest brewer, despite the recent dust-up over Bud Light.
Sunday, December 8, 2024
Saturday, December 7, 2024
Philadelphia Stock Brokers: George A. Huhn & Sons
From The History of the Philadelphia Stock Exchange, ed. Andrew Wallace Barnes:
Thursday, December 5, 2024
Philadelphia Stock Brokers: Toland Brothers
Tuesday, December 3, 2024
Sunday, December 1, 2024
Saturday, November 30, 2024
Philadelphia Stock Brokers: Parrish & Company
Thursday, November 28, 2024
Philadelphia Stock Brokers: A. M. Friend & Company
Tuesday, November 26, 2024
Philadelphia Stock Brokers: Working Towards a Complete List
Much like the Boston Stock Exchange, the Philadelphia Stock Exchange was very active during the 1898 tax period and had as members firms which actively traded on more than one exchange in the United States, in particular in New York. Some, like Thomas Biddle & Company, only traded in Philadelphia. Either way, a collector might aspire to finding cancels from all the firms and brokers that traded in Philadelphia. To assist the task I've included the list of brokers and firms at the Philadelphia exchange that was a part of the Moody's Manual in 1901.
I will begin to expand the database that has been build of brokers and firms at the New York Stock Exchange from 1898-1902 by adding the Philly, Boston and other brokers by putting them by city on different sheets in the Google Sheet. If you are interested in access to the Google Sheet, please let me know at 1898revenues@gmail.com and I will send you a link to a read-only but searchable version.
Sunday, November 24, 2024
Boston Stock Brokers: Thomas H. Perkins & Company
From A Peoples Guide to Greater Boston:
Saturday, November 23, 2024
Boston Stock Brokers: Gray, Dewey & Company
Thursday, November 21, 2024
Boston Stockbrokers: Stackpole & Gay
Tuesday, November 19, 2024
Boston Stock Brokers: Clement, Parker & Company
Sunday, November 17, 2024
Boston Stock Brokers: George S. Baldwin & Company
Saturday, November 16, 2024
Thursday, November 14, 2024
Boston Stock Brokers: NYSE Brokers Listed as Primarily Boston-based in the NYSE 1898-1902 Database
Quite a large number of brokers trading on the NYSE also kept offices or traded in Boston. In the case of the brokers listed below, Boston was their main base, while one of the firm's partners maintained a seat on the New York Exchange. So this list is not complete with regard to firms that did business in both places, as firms like Brown Brothers and Blake Brothers, mentioned in recent posts, did not identify themselves as primarily Boston firms, and I did not classify them that way in the NYSE broker database.
Whatever the case, this is another starting point for looking for Boston broker cancels, as David T and I have been methodically collecting the NYSE cancels for years.
Elisha D. | Bangs & Company | Boston |
William | Bassett | Boston |
John W. | Belches & Company | Boston |
George C. | Brooks & Company | Boston |
George F. | Brown Jr. | Boston |
Brown, Reilly & Company | Boston | |
Chase & Barstow | Boston | |
Curtis & Motley | Boston | |
Curtis & Sanger | Boston | |
Dillaway & Company | Boston | |
Dillaway & Starr | Boston | |
Downer & Company | Boston | |
Walter H. | Edgerly | Boston |
Edgerly & Crocker | Boston | |
Emery & Tucker | Boston | |
Estabrook & Company | Boston | |
Hale & Company | Boston | |
Hayden, Stone & Company | Boston | |
E. C. | Hodges & Company | Boston |
Jackson & Curtis | Boston | |
Kidder, Peabody & Company | Boston | |
Lee, Higginson & Company | Boston | |
E. E. | Leland & Company | Boston |
S. D. | Loring & Son | Boston |
F. S. | Mead & Company | Boston |
E. Rollins | Morse & Brother | Boston |
Norman & Company | Boston | |
Paine, Webber & Company | Boston | |
Pearmain & Brooks | Boston | |
John | Pickering & Moseley | Boston |
F. H. | Prince & Company | Boston |
Richardson, Hill & Company | Boston | |
Schofield, Whicher & Company | Boston | |
Sutton & Bowen | Boston | |
Tower, Giddings & Company | Boston | |
Towle & Fitzgerald | Boston | |
Tucker, Anthony & Company | Boston | |
H. C. | Wainwright & Company | Boston |
Andrew N. | Winslow | Boston |
Tuesday, November 12, 2024
Boston Stock Brokers: Working Towards a Complete List
As with the NYSE, Moody's published the membership lists for the Boston Exchange for 1900, 1901 and 1902. But it means that we're missing 1898 and 1899, which are gaps that need an answer. Turns out that at least one book available online provides some help, thought it is not ideal. An 1893 hagiography of the exchange and its members provides a complete list, and a quick scan of my stamps shows at least one broker that shows up in this 1893 list that was no longer in the exchange by 1900.
Sunday, November 10, 2024
New York Stock Brokers: "BB & CO": Brown Brothers & Co., Brown, Bruns & Co., or Blake Brothers & Co.?
Identical corporate initials can confound the identification of firms that used 1898 revenue stamps, as the cases of H&H and AS&Co have demonstrated. In the case today, we consider B.B & Co on the 1898 dollar values, likely used to pay taxes on stock trades. At least three firms with these initials traded stocks on the NYSE during the 1898 tax period, and it is certain that all three of them used their initials to cancel documentary stamps. The best known of the two was Brown Brothers & Company, a multinational firm with offices trading on the exchanges in Boston, Philadelphia, New York, and Baltimore. Blake Brothers & Company also had members with seats in New York and Boston, while Brown, Bruns & Company, appears to have traded only on the NYSE. Brown Brothers would, through a merger, become Brown Brothers Harriman, one of the best known Wall Street firms of the 20th century.
A stock sale memo from Brown, Bruns & Company: 300 shares of a +$13 stock were sold, requiring $6 worth of documentary revenue stamps. 6 copies of Scott R182 were used, each with the same cancel: B. B. & CO. Below is a single stamp from that memo:
Brown Bruns ceased to exist and stopped trading by later 1990 or early 1901, making it less likely that the cancels on the four stamps above came from that firm. My guess would be that one of the cancel types above belong to Brown Brothers, and the other to Blake Brothers. Someday sale memoranda might show up that provide confirmation.
The 1905 year on the second stamp was clearly caused by an incorrect adjustment of the year date slug.