Sheffield Farms bonds
One hundred years ago today … An advertisement in the New York Herald announced that Sheffield Farms was offering gold bonds to interested investors. The ad called the company “one of the largest distributors of milk and dairy products in New York City.” Indeed, in 1916, Sheffield was responsible for 20 percent of NYC milk sales.
New York Herald, 26 September, p. 18. Newspapers.com.
Inside the Sheffield milk plant. Architects' and Builders' Magazine, Volume 43, Issues 1-15. New York: W.T. Comstock, 1911. Google Books.
One purpose of the issue was to raise capital to “acquire additional properties,” to supplement the company’s milk plant at St. Clair Place off Manhattan Street.
Irma and Paul Milstein Division of United States History, Local History and Genealogy, The New York Public Library. "Manhattan: 125th Street (West) - St. Clair Place" The New York Public Library Digital Collections. 1929.
The building is now Prentis Hall, part of Columbia University.
Lionel Pincus and Princess Firyal Map Division, The New York Public Library. "Manhattan V. 7, Plate No. 92 [Map bounded by 12th Ave. W. 130th St., Broadway, W. 127th St.]" The New York Public Library Digital Collections. 1912.
Photo Paul Lowry on Flickr.
The building is now Prentis Hall, part of Columbia University.
– Jonathan Goldman, Sep 26, 2022
TAGS: economics, stocks, marketplace, Wall Street, food, corporations, university