36:
364:
282:
in 1918, to "most earnestly" protest the proposed tax on stockbrokers, which would be "based upon the value of seats on the respective stock exchanges and a percentage of the annual dues paid by members of the exchange." The members argued that the
Baltimore Stock Exchange business had "declined very
322:
The
Philadelphia Stock Exchange merged with the Baltimore Stock Exchange in 1949, and the exchange was then named the Philadelphia-Baltimore Stock Exchange. On March 7, 1949, the merged exchange was officially renamed and began formal operations in Philadelphia under new president William K. Barclay
351:
D. Fahnestock's son Harry
Fahnestock was elected president of the exchange in 1917. On June 4, 1928, Fahnestock was re-elected for the eleventh consecutive term. As of August 12, 1934, Charles W. L. Johnson was president of the exchange. On November 18, 1948, the Baltimore Exchange president was J.
318:
On
December 19, 1948, the two exchanges agreed on a plan to merge under the name Philadelphia-Baltimore Stock Exchange. It was estimated that the merger would be completed in the subsequent few months, with wire facilities set up between the offices. Brown stated that the combined exchange would be
182:
reported that the members of the
Baltimore stock market were "not directly affected by the demoralization in Wall-street, as only local securities are dealt in here," despite the suspension of the Metropolitan Bank and others. Derek Fahnestock became president of the Baltimore Stock Exchange around
330:
developer was planning on purchasing the former
Baltimore Stock Exchange Building in downtown Baltimore at 208-210 E. Redwood Street, with "plans to convert the property into upscale apartments and offices." At the time, it was a 28,000-square-foot bank-owned property known as the Totman Building.
207:
On
November 10, 1900, the exchange beat its own record for the amount of trading performed on a Saturday, with sales amounting to 7,665 shares of stock and $ 406,500 of bonds. In particular, trading concerning the United City Railways was on a "tremendous scale." The exchange remained active as of
198:
got its start selling stocks out of a back office in the
Baltimore Stock Exchange. On March 13, 1899, a seat in the exchange sold for $ 3,025, the highest price ever for a seat, with a bid of $ 3,000 for another seat declined. A few years prior, seats were quoted as low as $ 50, and they had more
314:
in the United States, and had 200 members, with 75 issues fully listed, and 381 unlisted securities. In contrast, the
Baltimore exchange ad 35 members, 41 listed issues, and many unlisted issues. Barclay said the plan to merge came out of the "unprofitable operation" of the Baltimore exchange.
343:
was elected to succeed
Fahnestock as president of the exchange. The chairman elected at that time was Clymer Whyte. H. A. Orrick was president of the Baltimore Stock Exchange for 16 years from 1903 and 1918, after joining the Exchange's board of governors in the 1880s. According to the
189:
reported on January 2, 1893 that the "Baltimore Stock Exchange has not been especially lively during the year, but there has been a usual average of dealings, largely in the local stocks, especially Gas." At the time, Baltimore was the third export city in the country.
208:
March 1901. On June 2, 1903, H. A. Orrick was elected to succeed the recently deceased Derick Fahnestock as president of the exchange, a role he held until 1918. In 1904, the exchange's building was destroyed by the
566:
To Provide Revenue for War Purposes: Hearings Before the Committee on Finance, United States Senate, Sixty-fifth Congress, Second Session, on H.R. 12863, to Provide Revenue, and for Other Purposes
212:. In 1906, exchange member Edwin S. Zell filed suit against the Baltimore Stock Exchange in an appeal concerning whether exchange members were allowed to sell their memberships to others.
1237:
267:. On August 7, the Baltimore Stock Exchange forwarded an urgent request to the "Committee of Five", a government group overseeing the matter, to reopen the exchange.
536:
Baltimore Stock Exchange. 210 East Redwood Street, Baltimore. Unidentified photographer, ca. 1920-1930. Julius Anderson Photograph Collection. Gelatin silver print.
382:
377:
323:
Jr. The Baltimore Stock Exchange migrated out of its Baltimore Stock Exchange Building, later renamed the Totman Building, to a new home base in Philadelphia.
1252:
295:
283:
considerably" over the war, as well as smaller exchanges. At the time, the exchange had 87 members, with six or seven members serving the United States in
650:
306:
On November 18, 1948, Baltimore Exchange president J. Dorsey Brown announced that for several months, there had been plans considered to merge with the
1128:
949:
865:
503:
1071:
804:
275:
168:, a former financial district in Baltimore. The location was at 210 East Redwood Street. In July 1881, the exchange sent a letter of sympathy to the
977:
339:
For fourteen years since around 1888, Derek Fahnestock served as president of the Baltimore Stock Exchange. He died in 1903, and on June 2, 1903,
1043:
468:
619:
144:
776:
397:
348:
Orrick was "president when the Exchange's building was destroyed by the great fire of 1904 and was a leader in rebuilding the city."
933:
923:
893:
598:
584:
449:
435:
564:
590:
291:
131:
in Baltimore's old financial district. In 1918, the exchange had 87 members, with six or seven members at the time serving the
1215:
534:
1242:
925:
When Washington Shut Down Wall Street: The Great Financial Crisis of 1914 and the Origins of America's Monetary Supremacy
1247:
1012:
706:
307:
279:
232:
140:
86:
655:
402:
236:
290:
On August 20, 1934, the Baltimore Stock Exchange's governing committee voted to register the exchange under the
1184:
1156:
750:
543:: Julius Anderson Photograph Collection, Baltimore City Life Museum Collection, Special Collections Department
1100:
832:
327:
298:
to resume trading on the Baltimore exchange, after it was earlier ordered suspended over technical matters.
220:
116:
48:
678:
271:
35:
21:
1044:"Merged Exchanges to Operate Today; Philadelphia and Baltimore Markets Become One -- Home in Former City"
228:
734:
387:
209:
191:
124:
310:, then under president William K. Barclay Jr. At the time, the Philadelphia exchange was the oldest
540:
392:
120:
63:
340:
1189:
1161:
1133:
1076:
1048:
1017:
982:
954:
870:
837:
809:
781:
711:
683:
508:
473:
441:
224:
178:
169:
1129:"H. A. Orrick is Dead.; .[as President of the Baltimore Stock Exchange for 16 Years. ]"
866:"Baltimore Stock Exchange; H.A. Orrick Elected President to Succeed the Late Derick Fahnestock"
929:
898:
623:
594:
445:
173:
260:
369:
294:, under exchange president Charles W. L. Johnson. On August 14, 1935, the SEC allowed the
805:"Baltimore Exchange Busy; Business Beat Record for a Saturday -- Values Soared Rapidly"
311:
256:
165:
128:
59:
1231:
264:
132:
97:
Derek Fahnestock, H. A. Orrick, Clymer Whyte, Harry Fahnestock, Charles W. L. Johnson
67:
978:"SEC Reverses Stock Ban; Shares Ordered Off Baltimore Exchange Are Quickly Restored"
1072:"Exchanges Plan Merger; Baltimore, Philadelphia Boards Agree on Joint Operation"
284:
136:
359:
252:
195:
707:"Baltimore's Prosperous Year; Statistics Showing a Very Favorable Condition"
244:
469:"Telegrams of Sympathy; Expressing Pleasure at the President's Improvement"
950:"Board Seeks to Register; Baltimore Stock Exchange to Apply Under New Law"
1222:
754:
736:
Quindecennial Record of the Class of Ninety-Two of Princeton University
248:
240:
319:
the "seventh largest in volume of dealings among U.S. stock markets."
34:
123:. Opened prior to 1881, The exchange's building was destroyed by the
841:. New York City, New York, United States. March 10, 1901. p. 23
651:"Historic Redwood Street building to be converted into apartments"
1216:
Picture of the Baltimore Stock Exchange Building, circa 1920-1930
176:'s improving state after he was shot that week. On May 14, 1884,
164:
For a time the Baltimore Stock Exchange was the main tenant of
270:
Three members of the exchange, along with two members of the
512:. New York City, New York, United States. February 16, 1926
1193:. New York City, New York, United States. August 12, 1934
1137:. New York City, New York. February 16, 1926. p. 25
1080:. New York City, New York. December 20, 1948. p. 39
1021:. New York City, New York. November 19, 1948. p. 43
194:
adjoined the exchange as a member in 1897, and in 1899,
16:
Regional stock exchange based in Baltimore, Maryland, US
813:. New York City, New York. November 11, 1900. p. 1
620:"German Street Baltimore'S 201-year-old Alex. Brown..."
1223:
Picture of the Baltimore Stock Exchange Building, 1906
1165:. New York City, New York, United States. June 5, 1928
986:. New York City, New York. August 15, 1935. p. 27
958:. New York City, New York. August 21, 1934. p. 31
874:. New York City, New York, United States. June 2, 1903
477:. New York City, New York, United States. July 7, 1881
1038:
1036:
715:. New York City, New York. January 2, 1893. p. 4
1101:"Seven things to do with superfluous trading floors"
1052:. New York City, New York. March 7, 1949. p. 25
785:. New York City, New York. March 14, 1899. p. 8
586:
The Philadelphia Stock Exchange and the City It Made
569:. U.S. Government Printing Office. 1918. p. 18.
1007:
1005:
1003:
1001:
139:. The Baltimore Stock Exchange was acquired by the
101:
93:
81:
73:
54:
44:
1123:
1121:
199:than doubled in value in the beginning of 1899.
614:
612:
610:
463:
461:
383:List of stock exchange mergers in the Americas
378:List of former stock exchanges in the Americas
215:During a financial crisis, on August 5, 1914,
227:had voted to close, including Baltimore, the
8:
28:
1238:Former stock exchanges in the United States
928:. Princeton University Press. p. 106.
578:
576:
296:United States Fidelity and Guaranty Company
559:
557:
280:United States Senate, Sixty-fifth Congress
151:was sold and renamed the Totman Building.
127:of 1904, and was then located at 210 East
27:
860:
858:
856:
644:
642:
529:
527:
429:
427:
425:
423:
421:
419:
326:In December 2015, it was reported that a
739:. The Grafton Press. 1907. p. 182.
687:. New York City, New York. May 15, 1884
415:
1013:"2 Exchanges Study Plans for a Merger"
498:
496:
494:
492:
145:Philadelphia-Baltimore Stock Exchange
7:
922:L. Silber, William (24 April 2014).
583:E. Thomas, George (March 17, 2010).
777:"Baltimore 'Change Seats Sell High"
1253:1949 disestablishments in Maryland
649:Sharrow, Ryan (December 8, 2015).
398:Index of Maryland-related articles
302:1948–1949: Merger and legacy
203:1900–1947: Regional exchange
14:
149:Baltimore Stock Exchange Building
1099:Foxman, Simone (July 16, 2013).
591:University of Pennsylvania Press
362:
292:National Securities Exchange Act
751:"The next big China buyer is …"
1:
1185:"Gould Is Exchange Secretary"
627:. Baltimore. October 15, 2001
1157:"Baltimore Keeps Fahnestock"
434:Dale Terrill, Kelly (2013).
308:Philadelphia Stock Exchange
233:Philadelphia Stock Exchange
160:1880s–1899: Formation
141:Philadelphia Stock Exchange
87:Philadelphia Stock Exchange
1269:
833:"Baltimore Stock Dealings"
656:Baltimore Business Journal
403:Isaac Newton Phelps Stokes
18:
901:, West Publishing Company
237:Pittsburgh Stock Exchange
33:
679:"Baltimore Feeling Easy"
113:Baltimore Stock Exchange
29:Baltimore Stock Exchange
19:Not to be confused with
221:New York Stock Exchange
117:regional stock exchange
49:Regional stock exchange
504:"H. A. Orrick is Dead"
274:, appeared before the
272:Chicago Stock Exchange
143:in 1949, becoming the
39:
22:The Baltimore Exchange
229:Boston Stock Exchange
172:for the US president
38:
1243:Economy of Baltimore
405:(building architect)
388:Business in Maryland
276:Committee on Finance
210:Great Baltimore Fire
192:John C. B. Pendleton
125:Great Baltimore Fire
105:United States dollar
1248:Economy of Maryland
541:Baltimore, Maryland
393:Economy of Maryland
121:Baltimore, Maryland
77:Baltimore, Maryland
64:Baltimore, Maryland
30:
1190:The New York Times
1162:The New York Times
1134:The New York Times
1077:The New York Times
1049:The New York Times
1018:The New York Times
983:The New York Times
955:The New York Times
871:The New York Times
838:The New York Times
810:The New York Times
782:The New York Times
712:The New York Times
684:The New York Times
509:The New York Times
474:The New York Times
442:Arcadia Publishing
225:regional exchanges
219:reported that the
217:The New York Times
187:The New York Times
179:The New York Times
170:Secretary of State
40:
899:Atlantic Reporter
624:The Baltimore Sun
239:, and others for
174:James A. Garfield
109:
108:
1260:
1203:
1202:
1200:
1198:
1181:
1175:
1174:
1172:
1170:
1153:
1147:
1146:
1144:
1142:
1125:
1116:
1115:
1113:
1111:
1096:
1090:
1089:
1087:
1085:
1068:
1062:
1061:
1059:
1057:
1040:
1031:
1030:
1028:
1026:
1009:
996:
995:
993:
991:
974:
968:
967:
965:
963:
946:
940:
939:
919:
913:
912:
910:
908:
890:
884:
883:
881:
879:
862:
851:
850:
848:
846:
829:
823:
822:
820:
818:
801:
795:
794:
792:
790:
773:
767:
766:
764:
762:
757:. April 14, 2016
747:
741:
740:
731:
725:
724:
722:
720:
703:
697:
696:
694:
692:
675:
669:
668:
666:
664:
646:
637:
636:
634:
632:
616:
605:
604:
580:
571:
570:
561:
552:
551:
550:
548:
531:
522:
521:
519:
517:
500:
487:
486:
484:
482:
465:
456:
455:
431:
372:
367:
366:
365:
261:Washington, D.C.
85:Acquired by the
31:
1268:
1267:
1263:
1262:
1261:
1259:
1258:
1257:
1228:
1227:
1212:
1207:
1206:
1196:
1194:
1183:
1182:
1178:
1168:
1166:
1155:
1154:
1150:
1140:
1138:
1127:
1126:
1119:
1109:
1107:
1098:
1097:
1093:
1083:
1081:
1070:
1069:
1065:
1055:
1053:
1042:
1041:
1034:
1024:
1022:
1011:
1010:
999:
989:
987:
976:
975:
971:
961:
959:
948:
947:
943:
936:
921:
920:
916:
906:
904:
892:
891:
887:
877:
875:
864:
863:
854:
844:
842:
831:
830:
826:
816:
814:
803:
802:
798:
788:
786:
775:
774:
770:
760:
758:
749:
748:
744:
733:
732:
728:
718:
716:
705:
704:
700:
690:
688:
677:
676:
672:
662:
660:
648:
647:
640:
630:
628:
618:
617:
608:
601:
593:. p. 235.
582:
581:
574:
563:
562:
555:
546:
544:
533:
532:
525:
515:
513:
502:
501:
490:
480:
478:
467:
466:
459:
452:
444:. p. 104.
433:
432:
417:
412:
370:Maryland portal
368:
363:
361:
358:
346:New York Times,
337:
304:
205:
162:
157:
94:Key people
26:
17:
12:
11:
5:
1266:
1264:
1256:
1255:
1250:
1245:
1240:
1230:
1229:
1226:
1225:
1219:
1218:
1211:
1210:External links
1208:
1205:
1204:
1176:
1148:
1117:
1091:
1063:
1032:
997:
969:
941:
934:
914:
885:
852:
824:
796:
768:
742:
726:
698:
670:
638:
606:
599:
572:
553:
523:
488:
457:
450:
437:Reservoir Hill
414:
413:
411:
408:
407:
406:
400:
395:
390:
385:
380:
374:
373:
357:
354:
352:Dorsey Brown.
336:
333:
312:stock exchange
303:
300:
204:
201:
166:Redwood Street
161:
158:
156:
153:
129:Redwood Street
107:
106:
103:
99:
98:
95:
91:
90:
83:
79:
78:
75:
71:
70:
60:Redwood Street
56:
52:
51:
46:
42:
41:
25:, a newspaper.
15:
13:
10:
9:
6:
4:
3:
2:
1265:
1254:
1251:
1249:
1246:
1244:
1241:
1239:
1236:
1235:
1233:
1224:
1221:
1220:
1217:
1214:
1213:
1209:
1192:
1191:
1186:
1180:
1177:
1164:
1163:
1158:
1152:
1149:
1136:
1135:
1130:
1124:
1122:
1118:
1106:
1102:
1095:
1092:
1079:
1078:
1073:
1067:
1064:
1051:
1050:
1045:
1039:
1037:
1033:
1020:
1019:
1014:
1008:
1006:
1004:
1002:
998:
985:
984:
979:
973:
970:
957:
956:
951:
945:
942:
937:
935:9781400851669
931:
927:
926:
918:
915:
902:
900:
895:
889:
886:
873:
872:
867:
861:
859:
857:
853:
840:
839:
834:
828:
825:
812:
811:
806:
800:
797:
784:
783:
778:
772:
769:
756:
752:
746:
743:
738:
737:
730:
727:
714:
713:
708:
702:
699:
686:
685:
680:
674:
671:
658:
657:
652:
645:
643:
639:
626:
625:
621:
615:
613:
611:
607:
602:
600:9780812242249
596:
592:
588:
587:
579:
577:
573:
568:
567:
560:
558:
554:
542:
538:
537:
530:
528:
524:
511:
510:
505:
499:
497:
495:
493:
489:
476:
475:
470:
464:
462:
458:
453:
451:9780738597614
447:
443:
439:
438:
430:
428:
426:
424:
422:
420:
416:
409:
404:
401:
399:
396:
394:
391:
389:
386:
384:
381:
379:
376:
375:
371:
360:
355:
353:
349:
347:
342:
334:
332:
329:
328:Howard County
324:
320:
316:
313:
309:
301:
299:
297:
293:
288:
286:
281:
277:
273:
268:
266:
265:San Francisco
262:
258:
254:
250:
246:
242:
238:
234:
230:
226:
222:
218:
213:
211:
202:
200:
197:
193:
188:
184:
181:
180:
175:
171:
167:
159:
154:
152:
150:
146:
142:
138:
134:
133:United States
130:
126:
122:
118:
114:
104:
100:
96:
92:
88:
84:
80:
76:
72:
69:
68:United States
65:
61:
57:
53:
50:
47:
43:
37:
32:
24:
23:
1195:. Retrieved
1188:
1179:
1167:. Retrieved
1160:
1151:
1139:. Retrieved
1132:
1108:. Retrieved
1104:
1094:
1082:. Retrieved
1075:
1066:
1054:. Retrieved
1047:
1023:. Retrieved
1016:
988:. Retrieved
981:
972:
960:. Retrieved
953:
944:
924:
917:
905:. Retrieved
897:
888:
876:. Retrieved
869:
843:. Retrieved
836:
827:
815:. Retrieved
808:
799:
787:. Retrieved
780:
771:
759:. Retrieved
745:
735:
729:
717:. Retrieved
710:
701:
689:. Retrieved
682:
673:
661:. Retrieved
654:
629:. Retrieved
622:
585:
565:
545:, retrieved
535:
514:. Retrieved
507:
479:. Retrieved
472:
436:
350:
345:
341:H. A. Orrick
338:
325:
321:
317:
305:
289:
269:
216:
214:
206:
186:
185:
177:
163:
148:
112:
110:
20:
894:"Volume 62"
659:. Baltimore
285:World War I
137:World War I
1232:Categories
410:References
335:Executives
253:Cincinnati
196:Legg Mason
1197:March 24,
1169:March 24,
1141:March 27,
1110:March 24,
1084:March 27,
1056:March 27,
1025:March 27,
990:March 27,
962:March 27,
907:March 24,
878:March 24,
845:March 24,
817:March 27,
789:March 27,
761:March 24,
719:March 27,
691:March 27,
663:March 24,
631:March 24,
547:March 24,
516:March 24,
481:March 24,
245:St. Louis
119:based in
58:210 East
356:See also
257:Columbus
223:and all
102:Currency
55:Location
755:Reuters
249:Chicago
241:Detroit
183:1888.
155:History
89:in 1949
74:Founded
1105:Quartz
932:
903:. 1906
597:
448:
263:, and
235:, the
231:, the
147:. The
115:was a
82:Closed
1199:2017
1171:2017
1143:2017
1112:2017
1086:2017
1058:2017
1027:2017
992:2017
964:2017
930:ISBN
909:2017
880:2017
847:2017
819:2017
791:2017
763:2017
721:2017
693:2017
665:2017
633:2017
595:ISBN
549:2017
518:2017
483:2017
446:ISBN
111:The
45:Type
135:in
1234::
1187:.
1159:.
1131:.
1120:^
1103:.
1074:.
1046:.
1035:^
1015:.
1000:^
980:.
952:.
896:.
868:.
855:^
835:.
807:.
779:.
753:.
709:.
681:.
653:.
641:^
609:^
589:.
575:^
556:^
539:,
526:^
506:.
491:^
471:.
460:^
440:.
418:^
287:.
278:,
259:,
255:,
251:,
247:,
243:,
66:,
62:,
1201:.
1173:.
1145:.
1114:.
1088:.
1060:.
1029:.
994:.
966:.
938:.
911:.
882:.
849:.
821:.
793:.
765:.
723:.
695:.
667:.
635:.
603:.
520:.
485:.
454:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
