Type | Commodities and stock exchange |
---|---|
Location | New York City, United States |
Founded | Circa May 1876 |
Closed | July 26, 1877 |
The American Mining and Stock Exchange was a commodities and stock exchange in New York City. In 1877 it absorbed the competing New-York Open Gold and Stock Exchange. [1] The New York Mining Stock Exchange absorbed the members of the American Mining and Stock Exchange, which had been operating for around fifteen months, on July 26, 1877. [2]
The American Mining and Stock Exchange began operations around May 1876. [2]
Around early 1877, there was an attempt to consolidate the New-York Open Gold and Stock Exchange with the American Mining and Stock Exchange, both of which were next door to one-another in New York. [1] On June 8, 1877, the New York Times reported on another "shrewd" attempt to break up and dissolve the New-York Open Gold and Stock Exchange, and merge it with the American Mining and Stock Exchange. According to the committee proposals, the new exchange would be named The Consolidated Mining, Gold, and Stock Exchange of New-York." At the time, however, the committees of both exchanges had not come to an agreement on merging. The matter was decided on June 8 at an executive session. [1] Terms had been agreed on by June 14, 1877. L. W. Badger was appointed chairman. [3]
The New York Mining Stock Exchange returned to 60 Broadway on July 26, 1877, on which day it also absorbed the members of the American Mining and Stock Exchange. [2]
NYSE American, formerly known as the American Stock Exchange (AMEX), and more recently as NYSE MKT, is an American stock exchange situated in New York City. AMEX was previously a mutual organization, owned by its members. Until 1953, it was known as the New York Curb Exchange.
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The phrase curbstone broker or curb-stone broker refers to a broker who conducts trading on the literal curbs of a financial district. Such brokers were prevalent in the 1800s and early 1900s, and the most famous curb market existed on Broad Street in the financial district of Manhattan. Curbstone brokers often traded stocks that were speculative in nature, as well as stocks in small industrial companies such as iron, textiles and chemicals. Efforts to organize and standardize the market started early in the 20th century under notable curb-stone brokers such as Emanuel S. Mendels.
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The National Petroleum Exchange was a resource exchange in New York City founded in 1882. In 1883 the National Petroleum Exchange and the New York Mining Stock Exchange were consolidated, becoming the New-York Mining Stock and National Petroleum Exchange. 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.
The New-York Petroleum Exchange and Stock Board was a resource and stock exchange in New York City. Founded as the New-York Petroleum Exchange, in 1884 the exchange reported oil clearances amounting to 2,373,582,000 barrels, averaging 7,782,000 barrels per day. That year the exchange also began trading in stocks, bonds, and other securities. The institution merged with the competing exchange New-York Mining and National Petroleum Exchange on February 28, 1885, forming the Consolidated Stock and Petroleum Exchange.
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The San Francisco Stock and Bond Exchange was a regional stock exchange based in San Francisco, California, United States. Founded in 1882, in 1928 the exchange purchased and began using the name San Francisco Stock Exchange, while the old San Francisco Stock Exchange was renamed the San Francisco Mining Exchange. The San Francisco Curb Exchange was absorbed by the San Francisco Stock Exchange in 1938. In 1956 the San Francisco Stock Exchange merged with the Los Angeles Oil Exchange to create the Pacific Coast Stock Exchange.
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The St. Louis Stock Exchange was a regional stock exchange located in St. Louis, Missouri. Opened in 1899, in September 1949, the St. Louis Stock Exchange was acquired by the Chicago Stock Exchange, and renamed the Midwest Stock Exchange.