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词条 New-York Mining Stock and National Petroleum Exchange
释义

  1. History

  2. See also

  3. References

  4. External links

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|name = New-York Mining Stock and National Petroleum Exchange
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|type = Stock exchange, resource exchange
|city = New York City
|country = United States
|coor =
|foundation = 1883
|closed =1885
|owner =
|key_people =
|currency =
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|listings =
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}}

The National Petroleum Exchange was a resource exchange in New York City founded in 1882.[1] In 1883 the National Petroleum Exchange and the New York Mining Stock Exchange were consolidated,[2] becoming the New-York Mining Stock and National Petroleum Exchange.[3] After several other exchange mergers with competitors, the exchange became the Consolidated Stock and Petroleum Exchange of New York, which in 1885 became the Consolidated Stock Exchange of New York.[4]

History

On December 18, 1882, the National Petroleum Exchange was opened. Sales that day equated to 150,000 barrels.[1] On March 24, 1883, the New-York Mining and National Petroleum Exchange had a membership of 479.[6] In 1883 the National Petroleum Exchange and the New York Mining Stock Exchange were consolidated, at which point Charles G. Wilson was elected president and held the office until 1900.[2] The new exchange was named the New-York Mining Stock and National Petroleum Exchange.[3]

By December 1883, the New York Times wrote that "much interest" was being shown in a proposed consolidation between the competing New-York Petroleum Exchange and the New-York Mining Stock and National Petroleum Exchange. The matter was voted on by both exchange members on December 22, 1883.[3] At the vote, members of the New-York Mining Stock and National Petroleum Exchange largely favored consolidation. However, the New-York Petroleum Exchange saw 269 in favor and 250 against, out of a total membership of around 688. Afterwards, a joint committee of three members from each Exchange was proposed, for the drafting of a new constitution and by-laws prior to any consolidation.[4] On March 11, 1884, it was reported that the governing board of the New-York Mining Stock and National Petroleum Exchange had voted against consolidation 29 to 2. One of the reasons given was that that National Exchange treasury contained $204,000, while the New-York Petroleum Exchange only had $74,570. However, a resolution was passed that members of the New-York Petroleum Exchange could joined the National Exchange.[5]

The New-York Mining and National Petroleum Exchange merged with the competing New-York Petroleum Exchange and Stock Board on February 28, 1885.[6] After several other exchange merges with competitors such as the Miscellaneous Security Board, the exchange became known as the Consolidated Stock and Petroleum Exchange of New York.[7]

See also

{{portal|Business and economics|New York City}}
  • List of former stock exchanges in the Americas
  • List of stock exchange mergers in the Americas
  • List of stock exchanges
  • Economy of New York City

References

1. ^{{cite news |author= |title=City and Suburban News|url=https://www.nytimes.com/1882/12/19/archives/city-and-suburban-news-newyork-brooklyn-staten-island-westchester.html | work=The New York Times |location=New York City |date=December 19, 1882|pages=8 |access-date=March 11, 2017}}
2. ^{{cite book |author= |title=The Consolidated Stock Exchange of New York: Its History, Organization, Machinery and Methods |year=1907|publisher= |page=19 |url=https://books.google.com/books?id=VhopAAAAYAAJ |isbn= }}
3. ^{{cite news |author= |title=The Oil Exchange Consolidation |url=https://www.nytimes.com/1883/12/12/archives/the-oil-exchange-consolidation.html | work=The New York Times |location=New York City |date=December 12, 1883 |access-date=March 11, 2017}}
4. ^{{cite news |author= |title=Oil Exchanges to Consolidate |url=https://www.nytimes.com/1883/12/23/archives/oil-exchanges-to-consolidate.html | work=The New York Times |location=New York City |date=December 23, 1883 |access-date=March 11, 2017}}
5. ^{{cite news |author= |title=Opposed to Uniting the Exchanges |url=https://www.nytimes.com/1884/03/11/archives/opposed-to-uniting-the-exchanges.html | work=The New York Times |location=New York City |date=March 11, 1884 |access-date=March 11, 2017}}
6. ^{{cite news |author= |title=Monopoly |url=https://www.nytimes.com/1886/03/21/archives/stock-exchange-monopoly.html | work=The New York Times |location=New York City, United States |date=March 21, 1886 |access-date=March 13, 2017}}
7. ^{{cite book |author= |title=The Consolidated Stock Exchange of New York: Its History, Organization, Machinery and Methods |year=1907|publisher= |page= |url=https://books.google.com/books?id=VhopAAAAYAAJ |isbn= }}

External links

{{stock market}}

5 : Companies based in New York City|Economy of New York City|1882 establishments in New York (state)|1925 disestablishments in New York (state)|Former stock exchanges in the United States

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