National Lead Stock Price After October 29 1929 Stock Market Crash and Great Depression
National Lead — America’s largest manufacturers of titanium dioxide pigments, which are used to brighten and add opacity to paints, plastics, paper, textile dyes, and ceramic glazes.
The history of National Lead Industries may be traced to 1891, when 25 lead mining and smelting operations, unable to compete with larger manufacturers by themselves, teamed up to form a general holding company called the National Lead Company.
Right before the October 28, 1929 Black Monday and October 29, 1929 Black Tuesday stock market crash, National Lead stock had been trading at $169.00 per share on the New York Stock Exchange. National Lead stock closed on July 24, 1934 at $149.00 per share.
Once the nation’s largest lead company, it prospered from massive use of the metal in everything from wiring to paint to munitions. It was also a major miner of titanium and contributed refined uranium and other help to the Manhattan Project, which produced the first atom bomb.
National Lead had a cumulative total return of 8,676% during the 1932 to 1954 period and is now part of NL Industries.
Resources:
The Pittsburgh Press October 1929
The Montreal Gazette
Tags: Atom Bomb, Black Monday, Black Tuesday, Cumulative Total Return, Great Depression, July 24 1934, Manhattan Project, Metal, Mining, National Lead, New York Stock Exchange, NL Industries, October 28 1929, October 29 1929, Smelting Operations, Uranium
(No Ratings Yet)
Loading...
Your article was a good read, and I like the way you write. By the way, let me recommend you an Novo7 Paladin.
thanks for your kindness,you do a great help for my job
thanks for sharing with us i would like to visit again when ist new post update.
thanks for sharing with us
people often think of this type of information is useless but this is very helpful information
Black Monday for most Americans is a sad day, a lot of people go bankrupt utilities, and even beggars.The contradiction between production and sales; supply and demand contradiction, between rich and poor increased differentiation; stock speculation over; excessive consumer credit.
Thank you for sharing. Your post worth of reading. Waiting for new posts. buyincoins, where you can buy good products from China directly without any shipping fee.
Your site is one of the beautiful place and I am delighted to find some more information about its natural beauty. Now I am much excited to visit it. Thanks
Leave your response!
About Worst Stock Market Crashes
Categories
Blogroll
Popular Tags
Recent Posts
Most Commented
Most Viewed