How was most American railroad building in the 1850s financed? What role did New York City play...............? and Finance

How was most American railroad building in the 1850s financed? What role did New York City play...............?

in this financing???


Finance best answer:

Answer by Mr. Bitter
The railroads were financed by the sale of stocks and bonds. The majority of the financiers who sold those stocks and bonds were based in New York.

Finance

Finance


Image by Cushing Memorial Library and Archives, Texas A&M
Title: Finance
Digital Publisher: Digital: Cushing Memorial Library and Archives, Texas A&M University, College Station, Texas
Physical Publisher: Physical: Graphic Services, Texas A&M University
Date Issued: 2011-08-17
Date Created: 1974
Dimensions: 4 x 5 inches
Format Medium: Photographic negative
Type: image
Identifier: Photograph Location: Graphic Services Photos, Box 28, File 28-924
Rights: It is the users responsibility to secure permission from the copyright holders for publication of any materials. Permission must be obtained in writing prior to publication. Please contact the Cushing Memorial Library for further information

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