On March 3, 1885: The American Telephone and Telegraph Company (AT&T) was incorporated in New York as a separate company of the American Bell Telephone Company. The company was intended to become a subsidiary of the Bell organization, but when AT&T took off, it was largely profitable and bought the assets of American Bell. This created a monopoly in the telephone industry.
MY ONE AND ONLY
On March 3, 1985: The Broadway musical My One and Only closed at St. James Theater after 767 performances. The musical was based on the book by Peter Stone and Timothy S. Meyer, and the music and lyrics were by George and Ira Gershwin. It won three Tony Awards and three Drama Desk Awards.
NEW YORK STEAM
On March 3, 1882: The New York Steam Company began distributing steam to Manhattan buildings. The steam heated, cooled, and supplied power to high-rise buildings. Today, Consolidation Edison (Con Ed) operates the largest commercial steam system in the world.