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By On This Day in NYC's History




LET’S MAKE A DEAL

On May 17, 1792: Twenty-two stockbrokers and merchants signed an agreement to establish rules for buying and selling bonds and shares of companies, creating the beginnings of the New York Stock Exchange. The agreement came to be known as the Buttonwood Agreement, as the Buttonwood tree served as a meeting place for early Wall Street pioneers.

153840965 628x418 On This Day in NYCs History: The NYSE Is Established
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LET THERE BE LIGHT

On May 17, 1697: The City required residents to hang lanterns on the poles outside of their homes as part of New York City’s first streetlight law.

Streetlights at Dusk   Casco Viejo Colonial District 628x471 On This Day in NYCs History: The NYSE Is Established
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JOHN JAY PASSES

On May 17, 1829: John Jay, known as being one of the three authors of The Federalist Papers, passed awayIn 1789, Jay became Chief Justice to the Supreme Court and was subsequently elected envoy extraordinary to Great Britain, and then governor of New York. As governor, he undertook extensive projects to improve the state’s economy. His legacy lives on as the namesake of CUNY John Jay College of Criminal Justice.

Treaty of Paris by Benjamin West 1783 On This Day in NYCs History: The NYSE Is Established
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