Page 75 - (DK Eyewitness) Travel Guide - New York City
P. 75

L OWER  M ANHA T T AN  AND   THE  CIVIC  CENTER      73


                                 The 48-Hour Day  VISITORS’ CHECKLIST
                                 During the 1929
                                 Crash, Stock    Practical Information
                                 Exchange clerks   20 Broad St.
                                 worked nonstop   Map 1 C3. Tel (212) 656-3000.
                                 for 48 hours. Their   Closed visitors’ gallery closed to
                                 mood stayed     the public for security reasons.
                                 cheerful despite   8 for educa tional purposes
                                 the panic outside.  only. Highly restricted. 7
                                                 ∑ nyse.com
                                                 Transport
                                                 @ M5, M15, M20 q 2, 3, 4, 5 to
                                                 Wall St; R to Rector St.















                                                           Trading Floor
                                  On a typical day, billions of shares are traded for around 2,000
                                  listed companies. The advanced electronics that support the
                                    NYSE Pillar trading platform allows traders to connect to
                                         the various NYSE equities and options markets.
                                  Great Crash of 1929
                                  On Tuesday, October
                                   29, over 16 million
                                     shares changed
                                   hands as the stock
                                     market crashed.
                                   Investors thronged
                                      Wall Street in
                                   bewilderment, but,
                                   contrary to popular
                                    myth, traders did
                                      not leap from
                                   windows in panic.
                   Members’ entrance,
                       Wall Street


                      1867 Ticker-tape
           1792     machines introduced  1903 Present Stock
        Buttonwood                   Exchange building opens  2016 Dow Jones
         Agreement   1844 Invention of   1987 “Black Monday” crash,   Index hits 18,506.41
         signed on   the telegraph allows   October 19. Dow Jones Index   in July, an all-
          May 17  trading nationwide          drops 508 points  time peak
       1750      1800     1850      1900      1950     2000     2050
           1817 New York   1865 New Exchange   1929 Wall   2001 After 8 years of    2009 Dow Jones
          Stock & Exchange   Building opens at Wall   St. Crash,   bull markets, economy   Index hits 6,547,
           Board created  and Broad streets  October 29  falters after September 11  a 12-year low
                    1869 “Black Friday” gold   2006 The NYSE merges with Archipelago
                     crash, September 24  Holdings to become a for-profit public company





   072-073_EW_New_York_City.indd   73                         4/3/17   11:10 AM
   70   71   72   73   74   75   76   77   78   79   80