REF. NO. | DENOMINATION | DESCRIPTION | NO.ISSUED | VALUE |
---|---|---|---|---|
101 | $100 shares | 19[00], green and black | #B448,#B463,#B744,#B1207,#B1209 | $70-90 |
North American Transportation and Trading Company
Incorporated about 1899 in Illinois. A pioneer in steamboat transportation on the Alaskan river Yukon, where it operated a fleet of 15 ships. When the Klondike Gold Rush broke out, the company was in the quasi-monopolistic situation. Not only able to provide prompt and rapid transport from Seattle to Dawson, the centre of the gold rush, but, even more profitably, it was able to sell the passengers the needed supply. At the end of the Gold Rush, sold to Northern Navigation Co.
Michael Cudahy, 1841-1910, revolutionised the meat industry by using refrigeration in meatpacking and preservation so that this business, that was until then limited to the winter months, could now be operate continuously throughout the whole year. After selling his business, he invested in other companies where again he showed his talent for profitable investments.
Capital $5,000,000 in shares of $100
1899