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North American
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North American
 

Information About

North American Company




The North American Company was a Holding Company incorporated in New Jersey on June 14, 1890, and controlled by Henry Villard , to succeed to the assets and property of the Oregon And Transcontinental Company . It owned Public Utilities and Public Transport companies and was broken up in 1955 largely to comply with the Public Utility Holding Company Act Of 1935 .

Its headquarters were at 60 Broadway in Manhattan .


HOLDINGS

At some point during its existence, it owned substantial interests in:


DOW JONES INDUSTRIAL AVERAGE

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North American's stock was one of the twelve component stocks of the May 1896 original Dow Jones Industrial Average , but it was replaced later that same year. In 1928, when the number of stocks comprising the DJIA was increased to 30, North American was re-added to the list but was replaced again in 1930. The two periods when it was a component were:


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