Stock market crash panic of 1901

Stock market crash panic of 1901

By: azudilin Date: 18.07.2017

Home About Stock Brokers CBOT Railroads On Beyond Holcombe Frank Sente Bob Hohertz. Sunday, September 18, The Northern Pacific Railway and the Stock Market Panic. Northern Pacific Railway Company check with tax imprint. Check written for 60 cents! During the years of use of the series tax stamps occurred one of the first crashes on Wall Street. The crash centered on the trading of the stock of Northern Pacific.

The Northern Pacific was a railroad built to run from the midwestern United States and the twin cities of Minneapolis and St. Paul to the Pacific coast, cutting across the northern tier of US states.

Despite the great distance from the financial center in New York City, the stock of the Northern Pacific would have a major impact on the New York Stock Echange's operations in Gilded Age barons fought for control of the Northern Pacific Railway. The main characters included James J. Hill, builder of the Great Northern Railway, J. Morgan, the greatest financier of the time and arguably of any age, Edward H.

Harriman, the Chairman of the Union Pacific, William Rockefeller, the brother of John Rockefeller of Standard Oil, and Jacob Schiff, a leading New York financier. Harriman used his holdings of Union Pacific to speculate in and attempt to monopolize rail traffic in and out of Chicago. Paul, Minnesota-based head of the Great Northern Railway fought Harriman to prevent his control.

Morgan as an ally, while Harriman had resources from Standard Oil via William Rockefeller. Attempts to buy up Northern Pacific stock on the NYSE started a panic on May Arthur Housman showed up on the floor and began buying for J. Morgan, helping to stabilize the market.

In the end Harriman and Hill decided to join forces and created a holding company to control the NoPac, Great Northern, and the Burlington. The holding company was broken up through the application of the Sherman Antitrust Act of Let's take a look:. Posted by John Langlois at 6: Share to Twitter Share to Facebook Share to Pinterest. Newer Post Older Post Home. Search Revenues -- or Inquire at revenues gmail.

The Cotton Trade in late 19th Century America Click on Edgar Degas' painting "Cotton Exchange" to explore posts on this site from firms in the cotton trade during the tax period. Stock Brokers at Revenues Explore to stock broker cancels by clicking on the brokers above. Read Frank Sente's philatelic detective story by clicking on the stamp.

Publishing Revenues John Langlois is the publisher of this site. He began seriously collecting s in , soon after his return from Liberia.

Now a resident of Kenya, John publishes Revenues as a way to keep up with his collection and communicate with other collectors. Additional content contributors to this site include: Dave Thompson, Bob Hohertz, Frank Sente, Malcolm A. Goldstein, Bob Patetta, Tim Kohler, Ron Lesher, Bart Rosenberg, Len McMaster, Hermann Ivester, Richard Friedberg, J. Palmer, Michael Mahler, Rick Lokos, and Sean Roberts.

These collectors have sent in scans and sometimes explanatory information regarding their stamps or documents for posting on this site. Dave Thompson is a prodigous supplier of material and ideas, while Malcolm, Bob H. We welcome other contributors! Write to us at revenues gmail. Note on the title painting Above is a low res image of Mort Kunstler's painting The Rough Riders.

The painting depicts the 1st Volunteer US Cavalry led by Teddy Roosevelt charging Kettle Hill near Santiago, Cuba during the Spanish American War. See more of Kunstler's work at http: Image copyright Mort Kunstler. Access to all Revenues posts since March Adams Express 7 Agriculatural Implement Makers 1 American Express Printed and Handstamped Cancels 25 American Revenue Association 8 American Revenuer 2 Antikamnia Company 1 Auctions 32 Bank Checks and Drafts 51 Battleship Calender 5 Battleship Revenues Bibliography 13 Big 4 6 Bills of Lading 8 Bills of Sale 1 Bisects 1 Blog Updates 16 Bob Hohertz on Stamped Paper 21 Booze 1 Cancel of the Day Cancel: Publishing Companies 1 Cancels: Boston Stock Brokers 8 Cancels: Mining Companies 3 Cancels: New England Railroads 1 Cancels: Philadelphia Stock Brokers 3 Cancels: Shipping Companies 9 Cancels: Steel Companies 4 Cancels: Unknown Dollar Documentaries 2 Cancels: Breweries and Distilleries 7 Cancels: Cotton Brokers 4 Cancels: Documentary Printed 42 Cancels: Express Companies 7 Cancels: Express Companies 39 Cancels: Indianapolis Stock Brokers 1 Cancels: Industrial Companies 93 Cancels: Insurance Companies 75 Cancels: New Orleans Stock Brokers 1 Cancels: New York Bankers Banks and Trusts 14 Cancels: New York Stock Brokers Cancels: Perfume Companies 2 Cancels: Pharmaceutical Companies 3 Cancels: Pharmaceutical Documentaries 9 Cancels: Proprietary Handstamps 3 Cancels: Proprietary Printed 32 Cancels: Proprietary Printed Updated Lists 13 Cancels: Abbott Alkaloidal 2 Cancels: American Medicine Company 1 Cancels: Anglo-American Drug Co 1 Cancels: Chattanooga Medicine Company 4 Cancels: Fenaline Company 1 Cancels: Hamlin's Wizard Oil 1 Cancels: Porous Plaster Co 1 Cancels: Searle and Hereth 3 Cancels: Snyder Chaffee 1 Cancels: Strong Cobb 1 Cancels: The Centaur Company 1 Cancels: Shipping Companies 10 Cancels: Soft Drink Companies 1 Cancels: Telephone Companies 3 Cancels: Tobacco Companies 1 Cancels: New England 9 Railroads: Private Die 1 RS 1 Spanish American War 5 Specimen Overprints 1 St.

Louis Provisionals 1 Stamp Shows 3 Stamped Paper 15 Stock Memorandum of Sale 15 Taxes 12 Taxes: Certificates of Deposit 2 Taxes: Accident Insurance 3 Taxes: Bank Checks 11 Taxes: Bills of Exchange 14 Taxes: Bills of Lading 9 Taxes: Credit Certificate 1 Taxes: Fire Insurance 2 Taxes: Inland Exchange 1 Taxes: Letters of Credit 1 Taxes: Parlor Cars 1 Taxes: Power of Attorney 4 Taxes: Sight Drafts 1 Taxes: Stock Certificates 8 Taxes: Stock Memoranda 5 Taxes: Travel Insurance 1 Taxes: Warehouse Receipts 1 Taxes: Ocean Passage 9 Taxes: Porto Rico 1 Taxes: Stock Certificate 1 Varnish 5 Wheat 1.

New York Stock Brokers: Roswell Miller, Chicago, Mil Sam Houston Philatelics Sale of Northern Pacific Railway Waybill from New Salem, N Cancel for September The Northern Pacific Railway and the Stock Ma John Hone New York Stock Brokers: Wheeler New York Stock Brokers: Jewett Brothers New York Stock Brokers; The Provost Brothers New York Stock Brokers: Alley Labor Day New York Stock Brokers: Robert Chambers New York Stock Brokers: The Wadsworths New York Stock Brokers: King's Views of the New Y Sam Houston Philatelics September 17, Spink Shreves Sale, August American Philatelic Society American Revenue Association Battleship Revenues Collectors Weekly Curtis Collection Revenue-Collector Richard Friedberg Stamps Stamp Collecting Round-up US Revenue Stamps US Revenue Stamps on Playing Cards US Specimen Stamps.

John Langlois' Memberships American Philatelic Society American Revenue Association Collecting Interests Battleship Revenues Revenues Documentary Cancels Proprietary Cancels Battleship Multiples Railroads Pharmaceuticals. Values for Series of Revenue Stamps - The "Battleship Revenues" Most "Battleship" stamps, whether of the documentary or the proprietary series, are fairly common and cheap stamps, despite having been issued and used more than years ago.

If you have one of the more common values of this series, your stamp or stamps are likely worth less than a dollar in used condition, regardless of perforation or other distinguishing characteristics. Whether you look at online catalogs for these stamps, such as Eric Jackson's website, or you refer to a standard reference for values of these stamps like the Scott US Specialized Stamp Catalog, you will find only a few stamps of this series to be worth more than a few dollars when in used condition.

stock market crash panic of 1901

Here are some example values for used copies of these stamps: However, there are some stamps of this series that are a bit more scarce than others and consequently command higher values.

Don't remove them from the document or old box or bottle unless you are certain you know what you are doing! Tracking Used Documentary Battleship Revenue Stamp Values: A reader of this site, Sally, emailed to ask the value of some battleship stamps she discovered in an old photo album.

The Revenue Stamps of the United States: The Surcharged Washington and Franklin Postage Stamps.

Stock market crashes - Oct 29, - cyzopuk.web.fc2.com

Two days ago this book was first mentioned here as an essential reference for all US Scott-listed revenue collectors. Here is a small sam One of the most common searc The Standard Oil Company - John Rockefeller and Ida Tarbell.

What was the Standard Oil Company?

Panic of - Wikipedia

Standard Oil was established in , became the largest oil refiner in the world, and was broke Goldstein is a contributing blogger for Revenues. Cancel for December Smith Brothers Cough Drops. The famous Smith Brothers trademark logo.

Battleship Proprietary Plate Blocks. My usual practice on receiving the catalog each year is to turn Winslow , liked to make medicine from morphine. Frank Sente's One Cent Battleship Documentary Exhibit. American Express Printed Cancels. Len McMaster's One Cent Franklin Exhibit. View all 36 months of cancels. On-Document Uses Featuring Frank Sente.

Louis Provisionals Featuring Hermann Ivester Read about and view these privately prepared but government approved emergency use stamps. The Fullerton List Revenues' review of Richard Fullerton's work from the s can be viewed by clicking on the cover above. As of mid-September this is a work in-progress. Bob Hohertz on Stamped Paper.

Frank Sente's American Philatelist Revenues Cover Story. Battleship Proprietary Printed Cancels: Joyce's is a very long list consisting of more than one hundred companies and thousands of cancel dates.

FDIC: Historical Timeline

In the years since Joyce completed his list, many new cancel dates have been demonstrated to exist, and an update of the s list is needed.

This site is attempting that update. Following in this column are quick links to excel files of these lists by company. Also are links to the posts that I have made on this blog regarding these companies and their cancels.

Quick Links to Updated Proprietary Printed Cancels Lists Allcock Manufacturing Co. Winslow's Soothing Syrup Centaur Company Chattanooga Medicine Company Fenaline Company G. Mumm Hamlin's Wizard Oil Hobron Drug Company M. Fenner Searle and Hereth.

Read Frank Sente's story on these cancels here. Anglo-American Drug Printed Cancels. The Centaur Company Printed Cancels Click stamp to view all posts on these cancels. Fenner Printed Cancels Click stamp to view all posts on these cancels. HAMLIN'S WIZARD OIL PRINTED CANCELS Click stamp to view all posts on these cancels.

SEARLE AND HERETH PRINTED CANCELS Click stamp to view all posts on these cancels. Mumm Printed Cancels Click stamp to view all posts on these cancels. Criteria for Cancels Included in these Updated Lists The updated lists on this site will not include handstamped cancels. Printed and typed cancels will be included. This differs from the Chappell and Joyce criteria for inclusion.

Joyce used criteria for including cancels in his lists based on Chappell's original criteria. From the introduction of Chappell's original list: The only exception being those firms who also had private die stamps in this period. The handstamps of these few companies are of general interest and I feel they should be included. The handstamps listed by Chappell and Joyce are not printed by definition, they are likely not exhaustive, and by virtue of being handstamps are prone to innumerable types and subtypes.

I reason that if a new list is of printed cancels, we should keep it that way, and let others that have have done more work on the subject of proprietary handstamps handle those cancels. Thus, if you are interested in the handstamp cancels of any of the firms in the updated printed cancel lists, please refer to the excellent work of Robert Mustacich and his Battleship Desk Reference at http: The practice of eliminating handstamp cancels from the updated lists will have implications for the revision of cancel types from the Joyce lists.

For example, the first few Antikamnia cancel types according to both Joyce and Chappell are handcancels. These cancels will no longer be included as cancel types. The goal will be to minimize confusion for those who come to collect these cancels and make sense out of them. Join the American Revenue Association Click on the seal to go to the ARA site where you can find an application. American Philatelic Society American Revenue Association Battleship Revenues Collectors Weekly Curtis Collection Revenue-Collector Richard Friedberg Stamps Stamp Collecting Round-up US Revenue Stamps US Revenue Stamps on Playing Cards US Specimen Stamps John Langlois' Memberships American Philatelic Society American Revenue Association Collecting Interests Battleship Revenues Revenues Documentary Cancels Proprietary Cancels Battleship Multiples Railroads Pharmaceuticals Revenues Wanted Quality collections of: Popular Posts Tracking Used Documentary Battleship Revenue Stamp Values: The Surcharged Washington and Franklin Postage Stamps Two days ago this book was first mentioned here as an essential reference for all US Scott-listed revenue collectors.

The Standard Oil Company - John Rockefeller and Ida Tarbell What was the Standard Oil Company? Andrew Jergens Company Editor's Note: Smith Brothers Cough Drops The famous Smith Brothers trademark logo. Frank Sente's One Cent Battleship Documentary Exhibit American Express Printed Cancels Len McMaster's One Cent Franklin Exhibit 2 Cent Documentary Battleship Calendar July 1, to June 30, View all 36 months of cancels On-Document Uses Featuring Frank Sente St.

Louis Provisionals Featuring Hermann Ivester Read about and view these privately prepared but government approved emergency use stamps Documentary Printed Cancels: Bob Hohertz on Stamped Paper Frank Sente's American Philatelist Revenues Cover Story Battleship Proprietary Printed Cancels: Hobron Printed Cancels Anglo-American Drug Printed Cancels The Centaur Company Printed Cancels Click stamp to view all posts on these cancels M.

Fenner Printed Cancels Click stamp to view all posts on these cancels HAMLIN'S WIZARD OIL PRINTED CANCELS Click stamp to view all posts on these cancels FEATURE: SEARLE AND HERETH PRINTED CANCELS Click stamp to view all posts on these cancels Feature: Mumm Printed Cancels Click stamp to view all posts on these cancels FEATURE:

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