121:. The matter was voted on by both exchange members on December 22, 1883. 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. 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 the 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 join the National Exchange.
133:(NYSE) sent notices to Stock Exchange members who were also New-York Petroleum Exchange and Stock Board members, stating that according to Stock Exchange rules, membership could not be retained in both. At a meeting held on December 10, 1884, the New-York Petroleum Exchange and Stock Board amended its constitution. The amendment limited membership to 2,000, with members above an initial 1,700 required to pay a $ 2,000 initiation fee. In late December 1884, the president of the New-York Petroleum Exchange and Stock Board L. H. Smith issued key facts. Among them, membership was listed at 1,004 at the time, with plans to increase the building fund to potentially build a building to accommodate the exchange. For 1884, the exchange reported oil clearances amounting to 2,373,582,000 barrels, averaging 7,782,000 barrels per day.
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reported on August 8, 1884 that "An animated meeting of the New-York
Petroleum Exchange was held yesterday afternoon for the purpose of considering the subject of amending the constitution of that Exchange so as to permit the members to trade in stocks, bonds, and other securities." On September 24,
97:, 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
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On
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wrote that "much interest" was being shown in a proposed consolidation between the competing New-York
Petroleum Exchange and the
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merged with the New-York
Petroleum Exchange and Stock Board on February 28, 1885. The new institution was named the
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297:. New York City, United States. December 21, 1884
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235:. New York City, United States. December 11, 1884
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361:. New York City, United States. February 4, 1885
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138:New-York Mining and National Petroleum Exchange
99:New-York Mining and National Petroleum Exchange
423:. New York City, United States. March 21, 1886
392:. New York City, United States. August 8, 1884
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199:List of stock exchange mergers in the Americas
194:List of former stock exchanges in the Americas
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1316:Former stock exchanges in the United States
83:New-York Petroleum Exchange and Stock Board
17:New-York Petroleum Exchange and Stock Board
1311:1885 disestablishments in New York (state)
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142:Consolidated Stock and Petroleum Exchange
103:Consolidated Stock and Petroleum Exchange
184:Consolidated Stock Exchange of New York
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129:1884, the Governing Committee of the
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471:"Opposed to Uniting the Exchanges"
451:. New York City. December 23, 1883
328:. New York City. December 12, 1883
101:on February 28, 1885, forming the
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1301:Companies based in New York City
778:Electronic communication network
320:"The Oil Exchange Consolidation"
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479:. New York City. March 11, 1884
443:"Oil Exchanges to Consolidate"
266:. New York City, United States
1:
772:Multilateral trading facility
258:"The War on the Bucket Shops"
209:
162:Business and economics portal
1195:Returns-based style analysis
991:Post-modern portfolio theory
897:Security characteristic line
7:
949:Efficient-market hypothesis
853:Capital asset pricing model
790:Straight-through processing
227:"Amending its Constitution"
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95:New-York Petroleum Exchange
23:New-York Petroleum Exchange
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1306:Economy of New York City
830:Arbitrage pricing theory
189:Economy of New York City
1109:Initial public offering
970:Modern portfolio theory
865:Dividend discount model
748:List of stock exchanges
289:"A New Building Wanted"
204:List of stock exchanges
131:New York Stock Exchange
65:L. H. Smith (president)
997:Random walk hypothesis
113:By December 1883, the
1135:Market capitalization
944:Dollar cost averaging
955:Fundamental analysis
939:Contrarian investing
902:Security market line
807:Liquidity aggregator
784:Direct market access
695:Quantitative analyst
176:New York City portal
1200:Reverse stock split
1145:Market manipulation
1069:Dual-listed company
929:Algorithmic trading
859:Capital market line
661:Inter-dealer broker
85:was a resource and
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1240:Stock market index
1079:Efficient frontier
1018:Technical analysis
976:Momentum investing
798:(private exchange)
688:Proprietary trader
630:Shares outstanding
620:Authorised capital
476:The New York Times
448:The New York Times
420:The New York Times
389:The New York Times
358:The New York Times
325:The New York Times
294:The New York Times
263:The New York Times
232:The New York Times
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1089:Flight-to-quality
841:Buffett indicator
531:Financial markets
93:. Founded as the
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57:February 28, 1885
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1008:Style investing
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960:Growth stock
934:Buy and hold
843:(Cap-to-GDP)
683:Floor trader
673:Market maker
656:Floor broker
644:Participants
587:Golden share
582:Common stock
558:Third market
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1265:Uptick rule
1245:Stock split
1225:Squeeze-out
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986:Pairs trade
1295:Categories
1270:Volatility
1250:Stock swap
1170:Order book
921:strategies
847:Book value
715:Arbitrager
710:Speculator
415:"Monopoly"
210:References
886:Fed model
881:EV/EBITDA
796:Dark pool
727:Regulator
572:Types of
538:Types of
483:March 11,
455:March 11,
427:March 13,
396:March 13,
365:March 13,
332:March 11,
301:March 13,
270:March 13,
239:March 13,
1215:Slippage
1175:Position
1160:Momentum
1064:Dividend
743:Exchange
700:Investor
148:See also
70:Currency
40:Location
1104:Haircut
908:T-model
720:Scalper
540:markets
109:History
1125:Margin
993:(PMPT)
855:(CAPM)
705:Hedger
678:Trader
651:Broker
574:stocks
54:Closed
1280:Yield
1255:Trade
1190:Rally
1111:(IPO)
999:(RMH)
972:(MPT)
951:(EMH)
904:(SML)
893:(NAV)
867:(DDM)
861:(CML)
832:(APT)
825:Alpha
792:(STP)
786:(DMA)
780:(ECN)
774:(MTF)
768:(ATS)
126:Times
1115:Long
919:and
849:(BV)
836:Beta
485:2017
457:2017
429:2017
398:2017
367:2017
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303:2017
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241:2017
124:The
81:The
29:Type
89:in
74:USD
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