Robert L. Cutting
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Robert L. Cutting
Robert Livingston Cutting (January 19, 1812 – February 25, 1887) was an American businessperson based in New York City. At one point president of the New York Stock Exchange, he was a co-founder of the Continental Bank of New York in August 1870. Early life Cutting was born on January 19, 1812, in New York City. He was the son of William Cutting (1773–1820) and Gertrude (''née'' Livingston) Cutting (1779–1864). His siblings included William Leonard Cutting; U.S. Representative Francis Brockholst Cutting; Henry Livingston Cutting; Charles Grenville Cutting; Julia Gertrude Cutting; Anne Frances Cutting, who married Baron Alfred Ruebell; and Robert Fulton Cutting, who married poet Elise Justine Bayard; and Walter Livingston Cutting. His maternal grandparents were Walter Livingston, the first Speaker of the New York State Assembly, and Cornelia (''née'' Schuyler) Livingston. His uncle was U.S. Representative Henry Walter Livingston, and through the Livingston family, he w ...
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List Of Presidents Of The New York Stock Exchange
This is a list of presidents of the New York Stock Exchange. References {{reflist, 30em External linksPresidents and Chairmen of the New York Stock Exchange( PDF) New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed ... New York Stock Exchange History of stock exchanges in the United States Presidents of the New York Stock Exchange ...
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Speaker Of The New York State Assembly
The speaker of the New York State Assembly is the highest official in the New York State Assembly, customarily elected from the ranks of the majority party. As in most countries with a British heritage, the speaker presides over the lower house of the legislature. The position exists in every U.S. state and in the United States House of Representatives, the lower house of the Congress. New York's Assembly Speaker is very powerful. Effectively, the Speaker of the New York Assembly has the power to control much of the business in the Assembly and, in fact, throughout all of state government. Through almost single-handed control of the chamber, the Assembly Speaker is able to dictate what legislation makes and does not make it to the floor. Selection The Assembly elects its speaker at the beginning of a new term following the state elections, or after a vacancy in the office has occurred. The Clerk of the Assembly from the previous year will convene the Assembly and preside ove ...
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Union Club Of The City Of New York
The Union Club of the City of New York (commonly known as the Union Club) is a private social club in New York City that was founded in 1836. The clubhouse is located at 101 East 69th Street on the corner of Park Avenue, in a landmark building designed by Delano & Aldrich that opened on August 28, 1933. The Union Club is the oldest private club in New York City and the fifth oldest in the United States,"Waitresses at Union Club"
''The New York Times'' (June 19, 1918)
after the in (between 1700 and ...
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Edison Gower-Bell Telephone Company Of Europe, Ltd
Thomas Alva Edison (February 11, 1847October 18, 1931) was an American inventor and businessman. He developed many devices in fields such as electric power generation, mass communication, sound recording, and motion pictures. These inventions, which include the phonograph, the motion picture camera, and early versions of the electric light bulb, have had a widespread impact on the modern industrialized world. He was one of the first inventors to apply the principles of organized science and teamwork to the process of invention, working with many researchers and employees. He established the first industrial research laboratory. Edison was raised in the American Midwest. Early in his career he worked as a telegraph operator, which inspired some of his earliest inventions. In 1876, he established his first laboratory facility in Menlo Park, New Jersey, where many of his early inventions were developed. He later established a botanical laboratory in Fort Myers, Florida, in c ...
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Edison Electric Light Company
General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable energy, digital industry, additive manufacturing and venture capital and finance, but has since divested from several areas, now primarily consisting of the first four segments. In 2020, GE ranked among the Fortune 500 as the 33rd largest firm in the United States by gross revenue. In 2011, GE ranked among the Fortune 20 as the 14th most profitable company, but later very severely underperformed the market (by about 75%) as its profitability collapsed. Two employees of GE – Irving Langmuir (1932) and Ivar Giaever (1973) – have been awarded the Nobel Prize. On November 9, 2021, the company announced it would divide itself into three investment-grade public companies. On July 18, 2022, GE unveiled the brand names of the companies it will cr ...
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Joseph Seligman
Joseph Seligman (November 22, 1819 – April 25, 1880) was an American banker and businessman who founded J. & W. Seligman & Co. He was the patriarch of what became known as the Seligman family in USA and was subsequently related to the wealthy Guggenheim family through Peggy Guggenheim's mother Florette. Early life Seligman was of Jewish heritage and born in Baiersdorf, Germany. As a small child, he worked in his mother's dry goods shop. Present-day Germany consisted of many independent states in the early 19th century, most of which issued their own, differing coinages; and young Joseph made a profit at his mother's store changing money for travelers for a small fee. Joseph's father wanted him to enter the family wool business, but circumstances made this difficult; in particular, migration of the peasant class (Seligman's father's customers) from rural areas to urban meant a loss of job opportunities and a shrinking economic base in Baiersdorf. At fourteen, Seligman attended ...
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Horace Brigham Claflin
Horace Brigham Claflin (December 18, 1811 – November 14, 1885) was an American merchant. Early life and education Born in Milford, Massachusetts on December 18, 1811, Horace Brigham Claflin was educated at the Milford Academy. He is a member of the Claflin family. Career After school he became a clerk in his father's store in Milford, and in 1831, with his brother Aaron and his brother-in-law Samuel Daniels, succeeded to his father's business. In 1832 the firm opened a branch store in Worcester, Massachusetts, and in 1833 Claflin and Daniels secured the sole control of this establishment and restricted their dealing to dry goods. In 1843 Claflin moved to New York City. Claflin became a member of the firm of Bulkley & Claflin, wholesale dry goods merchants. In 1851 and in 1864 the firm was reorganized, being designated in these respective years as Claflin, Mellin & Company and H.B. Claflin & Company. Under Claflin's management the business increased so rapidly that the sa ...
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Marcellus Hartley
Marcellus Hartley (1827 – January 8, 1902) was an American arms dealer and merchant. He was appointed as an agent by the Union Army to purchase guns from Europe during the American Civil War. He later manufactured cartridges for breech-loading guns, owned the Remington Arms Company and diversified into other areas of commerce. Early life Hartley was the son of Catherine Munson and merchant, Robert Milham Hartley, who was active in public health reform and the New York temperance movement. Hartley was educated in New York and entered his father’s business at the age of seventeen as a clerk. After three years he moved to Francis Tomes & Sons, Maiden Lane, New York, and became involved with gun sales. In 1854, he started in business with partners Jacob Rutsen Schuyler and Malcolm Graham. They purchased goods in Europe and found a ready market in New York, with Hartley specializing in guns and ammunition. In 1857, a financial panic hit the country and many companies went under ...
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Jacob H
Jacob (; ; ar, يَعْقُوب, Yaʿqūb; gr, Ἰακώβ, Iakṓb), later given the name Israel, is regarded as a patriarch of the Israelites and is an important figure in Abrahamic religions, such as Judaism, Christianity, and Islam. Jacob first appears in the Book of Genesis, where he is described as the son of Isaac and Rebecca, and the grandson of Abraham, Sarah, and Bethuel. According to the biblical account, he was the second-born of Isaac's children, the elder being Jacob's fraternal twin brother, Esau. Jacob is said to have bought Esau's birthright and, with his mother's help, deceived his aging father to bless him instead of Esau. Later in the narrative, following a severe drought in his homeland of Canaan, Jacob and his descendants, with the help of his son Joseph (who had become a confidant of the pharaoh), moved to Egypt where Jacob died at the age of 147. He is supposed to have been buried in the Cave of Machpelah. Jacob had twelve sons through four women, hi ...
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Wall Street
Wall Street is an eight-block-long street in the Financial District of Lower Manhattan in New York City. It runs between Broadway in the west to South Street and the East River in the east. The term "Wall Street" has become a metonym for the financial markets of the United States as a whole, the American financial services industry, New York–based financial interests, or the Financial District itself. Anchored by Wall Street, New York has been described as the world's principal financial center. Wall Street was originally known in Dutch as "de Waalstraat" when it was part of New Amsterdam in the 17th century, though the origins of the name vary. An actual wall existed on the street from 1685 to 1699. During the 17th century, Wall Street was a slave trading marketplace and a securities trading site, and from the early eighteenth century (1703) the location of Federal Hall, New York's first city hall. In the early 19th century, both residences and businesses occupied the a ...
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Steamboat
A steamboat is a boat that is marine propulsion, propelled primarily by marine steam engine, steam power, typically driving propellers or Paddle steamer, paddlewheels. Steamboats sometimes use the ship prefix, prefix designation SS, S.S. or S/S (for 'Screw Steamer') or PS (for 'Paddle Steamer'); however, these designations are most often used for steamships. The term ''steamboat'' is used to refer to smaller, insular, steam-powered boats working on lakes and rivers, particularly riverboats. As using steam became more reliable, steam power became applied to larger, ocean-going vessels. Background Limitations of the Newcomen steam engine Early steamboat designs used Newcomen atmospheric engine, Newcomen steam engines. These engines were large, heavy, and produced little power, which resulted in an unfavorable power-to-weight ratio. The Newcomen engine also produced a reciprocating or rocking motion because it was designed for pumping. The piston stroke was caused by a water jet i ...
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Robert Fulton
Robert Fulton (November 14, 1765 – February 24, 1815) was an American engineer and inventor who is widely credited with developing the world's first commercially successful steamboat, the (also known as ''Clermont''). In 1807, that steamboat traveled on the Hudson River with passengers from New York City to Albany and back again, a round trip of , in 62 hours. The success of his steamboat changed river traffic and trade on major American rivers. In 1800, Fulton had been commissioned by Napoleon Bonaparte, leader of France, to attempt to design a submarine; he produced , the first practical submarine in history. Fulton is also credited with inventing some of the world's earliest naval torpedoes for use by the Royal Navy.Best, Nicholas (2005). ''Trafalgar: The Untold Story of the Greatest Sea Battle in History''. London: Phoenix. . Fulton became interested in steam engines and the idea of steamboats in 1777 when he was around age 12 and visited state delegate William Henry o ...
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