"Bought for $10,000,000"

December 10, 1892

The article reports that a major syndicate including J. & W. Seligman & Co. and other major investment banks had purchased the Brooklyn City Railroad Company for $10,000,000. Previously, the Seligmans has been involved in purchasing the Atlantic Avenue street railroad line in Brooklyn. “Bought for $10,000,000,” Evening World, December 10, 1892, Extra 3.