Tuesday, April 13, 2010

First Share of Stock

Oldest Share of Stock-a nonvaleurs (no value)

"Dutch Vereinigte Oostindische Compaignie (VOC) share certificate # 6, down-payment on a share; issued by the Camere Amsterdam 27th September 1606. Original signatures: Arent ten Grotenhuys and Dirck van Os, company founder van Verre and after 1602 Directors of VOC Kammer Amsterdam. "

Translation of the copy on the face of the stock which you can view by following this link.

I'm a history buff and I've been surfing all day looking for the first day various Central Banks opened and when banks first issued notes. Then I took an interest in stock exchanges and found the oldest one was in Amsterdam.

I copied this paragraph from the web site just to give you a little bit of background information about this treasure.

"The original paid up share capital was 6,424,588 Guilders, a huge sum at that time.
The key to success in the raising of capital was the decision taken by the owners to to open up access to a wide public and to accept shareholders as part-owners.
Thus the shares were sold rapidly, mostly at a nominal value of 3000 Guilders, and they were tradable, as any Dutchman could buy and sell them. The share price was not set by the government of the country but by an independent joint-stock corporation interested in profit.
The company shareholders (the term came into use after about 1606) had to produce the subscribed capital in four part payments and they were called up by the VOC between 1603 and 1606. " Website photo.

I calculated the chart of the stock. Could it be that its Sun, Saturn and Mars in early cardinal could have influenced the date when future stock exchanges organized? My research was producing a trend for most of the exchanges to have planets in early cardinal. None of them were happy in early 2009 when Pluto finally moved into Capricorn.

This historic stock was really hit hard in January 2009. Pluto was conjunct its Saturn Mars conjunction and Neptune was conjunct its Jupiter. Saturn was conjunct its North Node. January 2009 was a very rough time for stocks worldwide. It looks like this summer's early cardinal T square of Jupiter, Uranus, Saturn and Pluto will be a challenge for the chart of this first ever stock. Once upon a time it was very valuable and expensive. Today its value is as an antique.

A description of its history as an antique as well as a discussion of the evolution of stock trading is very interesting. It might send you to the old trunk in the attic just to double check it for paper treasures.

Oh by the way the oldest company still in existence is the Hudson Bay Company. Check out its chart with its early Cardinal planets pg. 105 The Textbook for Financial Astrology Book 3


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