Today is a catch-all day for several firms that have no representation in my usual reference books like King's View of the New York Stock Exchange. I've not found much in the way of column advertising for these firms or any pictures of their members. So instead we just have four memos plus the insets of their accompanying cancels. All of these come from the Eames and Moore pile of memos courtesy of David Thompson.
Saturday, April 3, 2021
New York Stock Brokers: Lawton, Flint & Co; Lee, Kretschmar & Co; Maxwell & Scoville; McIntyre & Wardwell
Lawton, Flint stock memo of sale for 100 shares of Union Pacific Railroad.
Lawton, Flint & Co.,
25 BROAD STREET.
Lee, Livingston stock memo of sale overstamped by the new firm Lee, Kretschmar & Co.
LEE, KRETSCHMAR & CO.
Maxwell & Scoville stock memo of sale, likely to Eames and Moore for what appears to be US Steel, for what also appears to be $47 1/8 per share.
Now that the NYSE has gone decimal, I wonder how many investors out there know that we all once traded shares by fractions, sometimes down to the 32nd or even less? Now with machines trading millions of shares in seconds, the buy sell spread can come down to a thousandth of a cent or less on some trades. The old manual world of the NYSE clearing house is long gone.
MAXXXXX X SCOVILLE.
McIntyre & Wardwell stock memo of sale to Eames and Moore for 100 shares of something I'm still guessing at...maybe Wire? for the American Steel and Wire Company?
Mc I & W.
Posted by John Langlois at 12:00 PM