Happy Black Friday.
The stock markets in the USA were open for a short session today.
The mailman delivered a large set of stock transfer tax stamps that I had bought from a seller in Luxembourg.
I stumbled upon the stamps on Ebay and could not resist.
Below is a sample. I will post more of them when I have sorted and arranged them on pages.
Tobey & Kirk was a prominent stockbroker firm located at 52 Wall Street, in New York’s financial district.
Pantepec Oil Company was an oil company founded by William F. Buckley Sr. in 1913, with operations primarily in Mexico and Venezuela.
This transaction show the sale of 200 Pantepec Oil shares for $8.125 for a total amount of $1,625.
The stock transfer tax stamps on the paper slip were first issued in 1936.
If I read the perfin (pin hole) cancellation on the stamps correctly, they indicate a transaction date of 1.13.37 (Jan. 13, 1937).
In 1937, the United States had a federal stock transfer tax in effect, which had been significantly increased in 1932 as part of the government’s response to the Great Depression.
The red stamps (2x 4c) are for federal stock transfer taxes. I suspect there were more federal stock transfer tax stamps on the slip that are now missing. (The federal transfer tax was typically roughly equal to the New York State transfer tax at the time. )
The green stamps (2 x $3.00) are the NY State stock transfer tax stamps.