Exxon 1967?

goto your local library and it's all on microfilm.

some libraries now have their microfilm all transferred to an Intranet instead of using one of those clunky projectors.

scrim

Forget the library....that is last century

Go to Big Charts and do an historical quote.  I have done this for estates and just take an average of the high and low for that day as the cost basis.  Usually it isn't much of a spread.  Big Charts will also give you the adjustment factor for the splits.  Very handy

http://bigcharts.marketwatch.com/default.asp?siteid=&ava tar=seen&dist=ctbc

good luck with that research.

I just noticed if you had 100 shares of this stock in 1950 you now own atleast 19,200 shares if you never sold.

scrim

A second thought on this since I didn't pay attention to the stock you were talking about.  You can also contact the current transfer agent and they may be able to help you with companies that have merged and morphed since the stock was bought.

Tried Big Charts…1970 is the earliest. Thanks for the info though.

Thanks for the impetus to take a trip down memory lane.

When doing some research on this topic I was reading the history of the company.

On 1/1/73 the former "Esso" changed their name to "Exxon".     I remember as a 5 year old asking my mom what happened to the Esso signs at the gas station.

Then I started asking about this whole Watergate thing that topped the news everyday cutting into my cartoon watching.

scrim

[quote=AAA insured]

 A friend of the family recently died. She had 2500 shares of Exxon that were purchased back in 1967. Her CPA failed to keep accurate books. No cost basis was recorded. Does anyone know of a way to find this? Not even my Bloomberg dates before 1970. Thank you.

[/quote]

Just a wild guess but over that time frame I bet you can darn near assume a cost basis per share in the pennies....

Just found it…called Exxon. High for 12/12/67 was 64.625 Low of 63.75. Thanks for the help.

I'm curious if she bought the 2500 shares in 1967 or after all the splits is it NOW 2500 shares.

I hope the former

scrim

Thats w/o any split adjustments -

[quote=scrim67]

On 1/1/73 the former "Esso" changed their name to "Exxon".     I remember as a 5 year old asking my mom what happened to the Esso signs at the gas station.[/quote]

Did she tell you? I just read a "useless fact" book that told the tale in detail...

Nah,

She told me to stop asking so many questions and then took me to Carvel for a Lollapalooza.

j/k Mom

scrim

Scrim,

Your mom reads the boards???

Hi Scrims mom!!! 

[quote=AAA insured]

 A friend of the family recently died. She had 2500 shares of Exxon that were purchased back in 1967. Her CPA failed to keep accurate books. No cost basis was recorded. Does anyone know of a way to find this? Not even my Bloomberg dates before 1970. Thank you.

[/quote]

Why do you need to calculate the basis?

[quote=BankFC]

Scrim,

Your mom reads the boards???

Hi Scrims mom!!! 

[/quote]

So does my mom.

Is that where you learned to be so polite?

[quote=dude]Is that where you learned to be so polite?[/quote]

I wasn't aware that I was polite. Please name an instance.

[quote=Dirk Diggler][quote=AAA insured]

 A friend of the family recently died. She had 2500 shares of Exxon that were purchased back in 1967. Her CPA failed to keep accurate books. No cost basis was recorded. Does anyone know of a way to find this? Not even my Bloomberg dates before 1970. Thank you.

[/quote]

Why do you need to calculate the basis?

[/quote]

Good point, Dirk.  Shouldn't there be a step up in value?

[quote=babbling looney][quote=Dirk Diggler][quote=AAA insured]

 A friend of the family recently died. She had 2500 shares of Exxon that were purchased back in 1967. Her CPA failed to keep accurate books. No cost basis was recorded. Does anyone know of a way to find this? Not even my Bloomberg dates before 1970. Thank you.

[/quote]

Why do you need to calculate the basis?

[/quote]

Good point, Dirk.  Shouldn't there be a step up in value?

[/quote]

That's what I was thinking. Maybe he's a democrap and thinks the family should pay taxes on it. Either that or he's a total moron who should go back to stockbroker 101.

[/quote]

Not likely, but you've really put us in our place. I am quite humbled.

By the way...I'll bet my favorite cat food bowl that I'll do your wife more times this month than you will all year.

[/quote]

[/quote]

I suspect that you're pretty happy having it trickle in on the back end.

[/quote]

Dirk......some examples of your gracious etiquitte.

[quote=Dirk Diggler][quote=babbling looney][quote=Dirk Diggler][quote=AAA insured]

 A friend of the family recently died. She had 2500 shares of Exxon that were purchased back in 1967. Her CPA failed to keep accurate books. No cost basis was recorded. Does anyone know of a way to find this? Not even my Bloomberg dates before 1970. Thank you.

[/quote]

Why do you need to calculate the basis?

[/quote]

Good point, Dirk.  Shouldn't there be a step up in value?

[/quote]

That's what I was thinking. Maybe he's a democrap and thinks the family should pay taxes on it. Either that or he's a total moron who should go back to stockbroker 101.

[/quote]

More examples of your glorious candor.

Dirk,



you are a cornecopia of good vibes. I mean… who wouldn’t feel honored to

have your insightful wisdom rained down upon their wretched soul?



Dirk, your insights are so pure they should market 100% organinc soap

branded with your icon



Clearly a symbol for one we all should take seriously. Hell, I even leaned

forward and sniffed my screen, I felt so blessed.

[quote=dude]

Dirk,

you are a cornecopia of good vibes. I mean… who wouldn’t feel honored

to have your insightful wisdom rained down upon their wretched soul?

Dirk, your insights are so pure they should market 100% organinc soap

branded with your icon:

Clearly a symbol for one we all should take seriously. Hell, I even leaned

forward and sniffed my screen, I felt so blessed.

[/quote]

I’m just flattered with all of the unsolicited attention that you’ve been

giving me.

I never asked for the cost basis…I was looking for historical pricing. Are you guys actually advisors/reg reps? Couldnt be much older than 22 if so. Try using an instant messenger instead of wasting space on this forum with your usless commentary. You look like idiots.  

[quote=AAA insured]I never asked for the cost basis...I was looking for historical pricing. Are you guys actually advisors/reg reps? Couldnt be much older than 22 if so. Try using an instant messenger instead of wasting space on this forum with your usless commentary. You look like idiots.  [/quote]

Maybe they look like idiots, but at least they have a sense of humor.  You, however, seem to have a stick up your behind....get a life!

Doesn’t your firm have a research library? Ask them. Also ask for all capital changes since 1967. Do you have physical certs? Use the prices vs. dates on the certs.

[quote=AAA insured]I never asked for the cost basis...I was looking for historical pricing. Are you guys actually advisors/reg reps? Couldnt be much older than 22 if so. Try using an instant messenger instead of wasting space on this forum with your usless commentary. You look like idiots.  [/quote]

We are possibly confused because you wanted to know how to find cost basis in your original post......remember???

A friend of the family recently died. She had 2500 shares of Exxon that were purchased back in 1967. Her CPA failed to keep accurate books. No cost basis was recorded. Does anyone know of a way to find this? Not even my Bloomberg dates before 1970. Thank you.

Cost basis research to me, means you want to know either 1.)what the original purchase price was in order to solve a tax issue or 2.) you needed to adjust the original purchase for splits  and find shares that are missing if they were issued as physical certificates.  If you are just curious how much a share of stock cost that's nice. But does it really mean anything if the friend of the family is dead.  The heirs get a step up in basis so it means nothing.

We’re a bond dealer and I do have a research dept. Even w/those capabilties it was a little difficult to find. Im on vacation and thought I would try this forum. I did find the info I needed though. Thanks

Babbling Looney - You are right. My question was not properly worded. Thanks

[quote=AAA insured]Babbling Looney - You are right. My question was not properly worded. Thanks[/quote]

I'm ready to accept your apology.

Has anyone else realized that over the past year Exxon makes more than $100 million dollars a day?  That’s not revenues–that’s net profit, folks!  BTW, I believe Humble Oil Company acquired Esso, but kept the Esso name.  There are still Esso stations in Canada, owned by Exxon’s Canadian arm, Imperial Oil.  Just useless facts I know, but thought someone may remember.

Yeah, and I remember just 6 yrs. ago when the market cap. of CSCO EXCEEDED the mkt. cap of XOM. This was shortly AFTER the merger of the 2 largest oil co’s. on the planet…Exxon and Mobil. CSCO stupidly overvalued and XOM ridiculously undervalued. Try driving to work with a tank full of “routers” whatever that is.