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Q: Does oil stock from Big Viking Oil Company purchased in 1924 have any value?
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What is shared values?

Shared values are implicit fundamental ideas, principles, and beliefs that belong to a business or an organization. . The shared values guide the decisions that the members and employees of the organization make.


Where did the money go when the stock market crashed in 1929?

The money that was tied up in the Stock Market was the paper value of the stocks that were bought and sold. There was no regulation of the Stock Exchange at the time of the Great Depression so stocks and companies listed on the Exchange were often over-valued by the owners of the companies. As people tended to buy one stock over another, the value of that stock increased (on paper) while the value of the little purchased stock declined (on paper). When stock brokers started to call in the money they were owed by investors who had purchased stocks on time (called margin buying), the investors would try and sell their stocks in order to pay off the broker. Since many of the other investors were doing the same thing, the value of the stock declined and people found it next to impossible to sell their stock. When the Stock Market collapsed, there was no real money at the Stock Market Exchange. The money was in the value of the stock of the company being listed (bought and sold) on the Exchange. When the bottom fell out of the Market, the people who had invested money in the Market and could not sell it, never got it back. So the simple answer is that the money just dissappeared!! Those stocks that survived the crash, and those investors who held on to the stocks they owned, may have been able to sell those stocks later on as the Stock Exchange was allowed to open under regulation by the government. If I company did not survive the crash and was never listed on the Exchange again, those investors never got any money back.


What is the value of a 1953 Louisiana Purchase stamp?

That is Scott Number 1020. It has a minimal value and can be purchased for about 20 cents.


Why the stock market crash as the cause of the Great Depression is a misconception?

The Stock Market Crash of 1929 did not cause the Great Depression but was an indicator of the underlying economic problems that went unnoticed or ignored during the 1920s. There was no governmental regulation of banks or the stock market to prevent buying and selling of stock that was either not listed at a price reflecting the actual value of the company or of letting the buy and sell quantity determine the cost of the stock. Banks were permitted to gamble with depositor's money to buy stock on the stock market. Many businesses listed on the stock exchange did not exist or existed only on paper. The true value of many businesses on the exchange were not public or listed accurately. Too much borrowing (buying on margin) allowed brokers and lenders to get in way over their head. As the economic problems started to effect the overall economy, the market collapsed.


Why did stock prices decline in 1929?

The Stock Market crash was the signal that the Great Depression had begun. There was over speculation in the Stock Market, which was not regulated.Many Americans purchased stock on credit. This was known as margin buying. Many businesses that were listed on the Market were not checked out by brokers and many were not worth what they were valued at on the Stock Market. There were no government regulations so a company could claim whatever wealth it wanted. A lot of the companies only existed on paper and many who invested in the stock market did not check to make sure the company was legit. This was a period when everyone thought the Stock Market would continue to climb but beneath the surface of this false boom time were events that were causing the economy to crumble.

Related questions

You purchased Big Piney stock in 1959 How do you learn anything about it now?

I purchased Big Piney stock from Anderson Randolph Company in Honolulu, Hawaii in 1959. It was a penny stock then. I would like to know its value today and who to contact about it.


When a company buys another company what is the stock worth?

The stock value will then be the combined value.


How do you find the value of a capital stock purchased in 1981?

To obtain the current value of capital stock it should be brought to a finical advisor. The current value is based on the purchase price and the current stock value. It can change daily.


What is the Risk of being a stockholder?

A stockholder owns part of a company. The price he paid for the stock has little bearing on its value, which depends on the value of the company or on the profits it makes. A stock may either increase in value, or decrease, and if a company becomes insolvent, the value of the stock could fall, even to zero.Some forms of stock (including preferred stock) may pay dividends, which can provide profits without having to sell the stock.


How much is zenith radio corp common stock purchased in 1968 worth for each share?

Zenith Radio Crop common stock purchased in 1968 is worth several times its original value in today's market. The company has expanded considerably over the years and dramatically increased profits.


A stock price falls. Where has the money gone that investors had paid for the stock?

There are a two ways to look at this question:When a stock is purchased, funds are transferred from the buyer to the seller. Thus, the stock's reduction of value does not change the amount of money in the system. The decline in the stock's value is reflected as a decline in wealth for the stock holder but in a "non-currency" manner.If the stock purchased was from a short seller, than the decline in stock value decreases the wealth of the stock holder but increases the wealth of the short seller.


The value of common stock is based on it's?

1. Demand in the stock market2. The company's profitability3. the company's Sales/incomeetc..


What is the stock split?

When a stock splits, one stock becomes two. People that own the stock can see the value of their stock for the company double.


What is stock splitting?

When a stock splits, one stock becomes two. People that own the stock can see the value of their stock for the company double.


When stock prices are up what does that mean?

It means the value of a company's stock has gone up in dollar(s) and vice versa. A point is usually equal to a dollar in most cases. So, if a company's stock went down by 5 points, it means the value of the company's stock went down by 5 dollar, which reflects the company's value in an open market and that's not a good thing.


What does the value of stock represent?

The value of stock represents a fair value of an underlying company as perceived by market participants, mostly driven by expectations of future earnings growth.


What company is represented by BWS on the stock exchange?

Brown Show company is represented by BWS on the stock exchange. As of May 26th, 2013, there stock value is at 17.91 USD. Brown Show Company is a global retailer.