New York Stock Exchange Holidays

From skyscrapers to parking structures, from the Stock Exchange to the historic townhouses of Harlem, the buildings of New York are as diverse as its culture and they are artfully photographed here by Jorg Brockmann. Essential information, history, and background stories about each one, along with neighborhood maps and useful sidebars, make this the last word on New York buildings large and small. Bill Harris is a veteran New York historian and writer who has also logged many miles as a tour guide. Jorg Brockmann is an accomplished photographer whose talent matches the scale of the project. Together, they have created a feast for lovers of architecture and of great photography, as well as devotees of New York City. Now in a well-priced and easy-to-carry paperback edition, One Thousand New York Buildings is the ultimate guide to the Great American City.

On May 17, 1792, a group of 24 U.S. merchant-brokers established a formal operation for trading securities (mostly bonds issued by Alexander Hamilton to raise money to redeem the paper money the Continental Congress printed to finance the Revolutionary War). The pact was called the Buttonwood Agreement (it was supposedly signed under a large buttonwood tree, a rarity in New York since the British had burned most of the trees during the war). On March 8, 1817, the turmoil of the War of 1812 led the signers of the Buttonwood Agreement to join with other traders to form the New York Stock & Exchange Board, which rented rooms at 40 Wall Street. This chronology covers early trading and the evolution of the stock exchange in the United States, the establishment of various market indexes and the development of market regulation, and reveals how the market was affected by historical events. Much attention is given to the New York Stock Exchange, since for most of its existence it has been much bigger than all other stock exchanges combined. Also included are appendices that cover such topics as basic investment risk, high growth from fixed rates, long term stock market drops, evaluating stocks, the dot.com phenomenon, market indexes, and axioms about the stock market.

New York Stock Exchange - The New York Stock Exchange (NYSE), also nicknamed the Big Board, is the largest stock exchange in the world (by dollar volume) and second largest by number of listings. Its share volume was exceeded by that of NASDAQ (historic comparison graph - PDF) during the 1990s, but the total market capitalization of companies listed on the NYSE is five times that of companies listed on NASDAQ.

Companies traded on the New York Stock Exchange - Companies traded on the New York Stock Exchange (NYSE) range from blue-chip companies through dominant technology companies, to newer, high-growth enterprises. There are nearly 2,800 companies, worldwide.

Buttonwood Agreement - The Buttonwood Agreement, which took place on May 17th, 1792, started the New York Stock & Exchange Board (now called the NYSE, which is short for New York Stock Exchange). This agreement was signed by twenty-four stock brokers outside of 68 Wall Street in New York under a Button Wood tree.

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