New-York Open Gold And Stock Exchange
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The American Mining and Stock Exchange was a commodities and
stock exchange A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for th ...
in New York City. In 1877 it absorbed the competing New-York Open Gold and Stock Exchange. The
New York Mining Stock Exchange The Consolidated Stock Exchange of New York, also known as the ''New York Consolidated Stock Exchange'' or ''Consolidated'',See ''Brooklyn Daily Eagle'', Saturday, January 13, 1912, p. 18 was a stock exchange in New York City, New York in direct ...
absorbed the members of the American Mining and Stock Exchange, which had been operating for around fifteen months, on July 26, 1877.


History

The American Mining and Stock Exchange began operations around May 1876. Around early 1877, there was an attempt to consolidate the
New-York Open Gold and Stock Exchange 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. The New York Mining Stock Exchange absorbed the members of the American Mining an ...
with the American Mining and Stock Exchange, both of which were next door to one-another in New York. 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. Terms had been agreed on by June 14, 1877. L. W. Badger was appointed chairman. The
New York Mining Stock Exchange The Consolidated Stock Exchange of New York, also known as the ''New York Consolidated Stock Exchange'' or ''Consolidated'',See ''Brooklyn Daily Eagle'', Saturday, January 13, 1912, p. 18 was a stock exchange in New York City, New York in direct ...
returned to 60 Broadway on July 26, 1877, on which day it also absorbed the members of the American Mining and Stock Exchange.


See also

* List of former stock exchanges in the Americas * List of stock exchange mergers in the Americas *
List of stock exchanges This is a list of major stock exchanges. Those futures exchanges that also offer trading in securities besides trading in futures contracts are listed both here and in the list of futures exchanges. There are sixteen stock exchanges in the world ...
*
Economy of New York City The economy of New York City encompasses the largest municipal and regional economy in the United States. Anchored by Wall Street in Lower Manhattan, New York City has been characterized as the world's premier financial center. The city is home ...
*
Consolidated Stock Exchange The Consolidated Stock Exchange of New York, also known as the ''New York Consolidated Stock Exchange'' or ''Consolidated'',See ''Brooklyn Daily Eagle'', Saturday, January 13, 1912, p. 18 was a stock exchange in New York City, New York in direct ...


References

{{reflist Former stock exchanges in the United States