By: Tupper Allen

The Origins

• 1653- The Dutch built a wall to protect their city of New Amsterdam from the neighboring Indians and the British

• Man-built wall that extended from east to north river• 1699- Wall was destroyed by the British and never

really fulfilled its purpose

http://maap.columbia.edu/content/places/1_wall_st/images/MAAP_WallStreet_Then.jpg

Why Wall Street?

Wall Street became a popular location for business because…

1.) near a sea port

2.) in a major city

http://us.123rf.com/400wm/400/400/xlh123/xlh1230701/xlh123070100042/730394-south-street-seaport-and-wall-street-nyc.jpg

Historical Fun Facts1789- New York City

became the first capital of the United States

March 4th, 1789- Location of first congress meeting(corner of Wall Street and Broad)

1789- George Washing sworn into office- he began the tradition of “swearing on the bible at this ceremony” (Federal Hall)

Birthplace of the concept of free trade by Alexander Hamilton

1866- Cyrus Field constructed a transatlantic cable to connect the economic markets of London and New York together

1896- First published issue of Wall Street Journal

1943- Women permitted on stock trading floor for the first time

http://en.wikipedia.org/wiki/George_Washington

http://law2.umkc.edu/faculty/projects/ftrials/burr/hamilton3.gif

New York Stock Exchange

•Established in 1817

•Originally founded as New York Stock and Exchange Board

•By 1825, Wall Street officially became “centre for financial and stock transactions”

http://foromarblecompany.com/foro_marble/wp-content/uploads/2011/04/New-York-Stock-Exchange_868235869.jpg

Financial Panics and Results

• 1869 Black Friday: two men attempted to corner the gold market bankruptcies and decrease in stock market

• 1873: economic panic• 1882: creation of Dow Jones to measure stock exchange

movement • 1907 Financial Panic: JP Morgan met with officials on Wall

Street and significantly reduced the potential economic damage

• 1913: As a results of the 1907 financial panic, the Federal Reserve was created to regulate banking

• 1929 “Black Monday”: stock market experienced highest one day decline at that point in their history Great Depression

http://www.guardian.co.uk/world/richard-adams-blog/2010/may/25/wall-street-euro-dollar-greece-korea

Wall Street TodayAlthough Wall Street used to be where all of the banks were located, most of them have moved elsewhere. It is still home to Deutsche Bank, Capital One, BNY Melon, and the New York Stock Exchange. One will notice that there are gyms, restaurants, and clothing stores located on the street today. Even though this has changed, Wall Street still has all of its history as well as many historic sites.

Major Locations to Visit

• Federal Hill National Memorial• The New York Stock Exchange• The Bull• Wall Street and Broad:

first congress meeting

It is enjoyable to walk down the street and look at all of the different buildings and establishments. There are informational signs located in several different spots which explain parts of Wall Street’s History.

Works Cited"A Brief History of Wall Street." History of Wall Street. Web. 13 June 2012.

<http://www.HistoryofWallStreet.net/page1.html>."A Selected Wall Street Chronology." PBS. Web. 13 June 2012.

<http://www.aselectedwallstreetchronology.org/wgbh/americanexperience/features/timeli ne/crash/>.

Brown, Gene. "Wall Street ." Park Avenue Publication . 11. Print.Cashin, Jr., Arthur. A View of Wall Street from the 7th Floor. Lyme, Connecticut: Greenwich Publishing

Group Inc. , 1999. 30. Print.Gold, Joyce. From Windmills to the World Trade Center. New York : Old Warren Road Press, 1982.

42,43. Print.Kennedy, Robert C. "Gold at 160. Gold at 130." The New York Times. 2001. Web. 13 June 2012.

<http://www.nytimes.com/learning/general/onthisday/harp/1016.html>.King's View of New York Stock Exchange 1897-1898. New York: Moses King , 1897. 1-3,7,13. Print.Moscow, Henry. The Street Book. New York : Hagstrom Company Inc., 1979. 106. Print.Tucker, Abigail. "Smithsonian.com." Smithsonian Magazine. Smithsonian Institution, 10 Oct.

2008. Web. 16 June 2012. <http://www.smithsonianmag.com/history-archaeology/1907_Panic.html>.

"U.S. Presidential Inaugurations: Firsts and Photos." National Geographic. National Geographic Society, 18 Jan. 2005. Web. 16 June 2012. <http://news.nationalgeographic.com/news/2005/01/0118_050118_president.html>.