Howard Robard Hughes, Jr. (December 24, 1905 – April 5, 1976)
Archive for the 'Fincncial' Category
THE PRESENT WITH A FUTURE!
THE THREE STOOGES FOR U.S. SAVINGS BONDS
DRIVE-IN BANKING DEBUTED ON THIS DAY IN 1946
The Exchange National Bank of Chicago opened the country’s first drive-in banking service with ten teller windows on November 12, 1946. The windows were protected by bulletproof glass, and money and paperwork were exchanged through sliding drawers.
BANKERS’ PANIC BEGAN ON THIS DAY IN 1907
A large crowd gathers on Wall Street during the bank panic
The Panic of 1907 was a financial crisis that occurred when the New York Stock
Exchange fell close to 50% from its peak the previous year. This was during a
time of economic recession, resulting in numerous runs on banks and trust
companies. The 1907 panic eventually spread throughout the nation when
many state and local banks and businesses entered bankruptcy. The crisis
was triggered by the failed attempt in to corner the market on stock of the
United Copper Company and a loss of confidence among depositors.
Calendar
Recent Comments
- Sam commented on THE FIRST WALKMAN WENT ON SALE IN 1979
(20 weeks ago) - Rob commented on THE BATTLE “ON THE SHORES OF TRIPOLI”
(39 weeks ago) - R.B. Chisholm commented on ‘’FATHER OF THE CONSTITUTION WAS BORN
(43 weeks ago) - Donna Springer commented on SOUL SINGER HAS DIED AT AGE 85
(46 weeks ago) - Lena commented on SOUL SINGER HAS DIED AT AGE 85
(46 weeks ago)
-
Recent Posts
Categories
Links
Archives