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Westinghouse Machine Co., 1900 Specimen Bond

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:90.00 USD Estimated At:150.00 - 250.00 USD
Westinghouse Machine Co., 1900 Specimen Bond
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Pennsylvania. $1000 Specimen 5% Debenture Certificate Gold Coupon Bond, Black print on olive green border and under tint, Vignette of a steam engine at top with flanking male figures, Specimen overprints and POC's, VF-XF condition, ABNC. Organized in 1881, the Westinghouse Machine Company was devoted primarily to the manufacture of gas and steam engines, turbines and mechanical stokers. The main works were located at East Pittsburgh at a property covering nearly 50 acres. With a working floor space of 20.4 acres, the company employed approximately 3,500 men by 1905. Some of the company's most notable products were the Westinghouse-Parsons steam turbines in various sizes, the Westinghouse-Corliss steam engines, the Westinghouse gas engines, Marine type steam engines and high speed single-acting steam engines. Rare bond with only 3 found in the ABN Archives in 2002