The storied New York Stock Exchange in Manhattan’s Financial District is rich with history.
That history has been kept alive, in part, because the organisation has kept thorough archives since 1792.
How many companies can say they do that?
We recently took an exclusive tour of all the cool things in the NYSE’s archive collection.
We’ve included our tour highlights in the slides that follow.
The New York Stock Exchange archives are located on the 19th floor of 20 Broad, the building adjacent to the exchange.
The NYSE archives manages three collections — historical records, the corporate art collection and the corporate gift collection. NYSE archivist Janet Linde took us into the stacks to show us the historical records.
The archives date all the way back to the founding document, the Buttonwood Agreement from 1792. It's located the NYSE heritage gallery on the 7th floor of the stock exchange building.
After the Buttonwood Agreement, trading was pretty much informal. There wasn't a formal trading body until 1817 when the New York Stock and Exchange Board, which eventually became the New York Stock Exchange, was formed. There are records in here beginning in 1817 up until today.
These are records from member committees that governed every aspect of business. You can literally smell the old books in the archives.
If you've wondered where the term 'seat on the Exchange' came from, they actually had seats. That's me sitting in a member's chair. This chair belonged to member 119 and it's from the 1865 building. (The current building was built in 1903).
Back then, there wasn't continuous trading throughout the day. Members would sit in chairs and the president would call out the stocks and they would make their bids.
The 1903 New York Stock Exchange building was designed by architect George Post. He also designed a bunch of the original furniture, which the archives kept.
Also in the gorgeous board room is a Russian urn gifted to the exchange in 1904 by Czar Nicholas II. Now back to the archive room...
The NYSE also still has a collection of motion picture films. They have the original fim and the first one was done in 1928, which is a silent film. The films are educational they they show how the exchange works.
They play some of the old footage at the 2 Broad entrance of the NYSE. You've probably seen it used in films before.
The only merger between 1817 and 2006 was in 1869 when the exchange merged with the Open Board of Stockbrokers. At that time, they drafted a new constitution.
The constitution of the New York Stock Exchange is really beautiful. They filled up this big book completely with signatures and there are three more of them!
At the end of the constitution, everyone who was a member signed. They signed in the order of their admission date. These are the oldest signatures.
That's Bernard Baruch's signature. He advised Presidents Woodrow Wilson and Franklin Roosevelt on economic matters.
Muriel Siebert, the first woman to own a seat on the exchange, made it into the first volume in 1967. In 2006, when the NYSE went public they stopped filling the books with signatures, but last year they started up again and now the licence holders do sign the book during a ceremony.
His name was John Jacquelin. He photographed all of his fellow members from the period when he was a member (1863-1910)
Yes, this is a first edition of 'Security Analysis', the famous book written by professors Benjamin Graham and David Dodd.
They also have cartoons from 1929. They were all published, but the exchange was able to purchase a lot of the original artwork.
In the 1950s, there was a big campaign to involve the public as small stock purchasers. There were a number of these ad campaigns.
A lot of the artifacts are on display throughout the New York Stock Exchange. These old tickers are located in the lobby of the 2 Broad entrance.
Legend Art Cashin said this guy is a broker trading U.S. Steel and he's watching the tape or news to figure something out.
This is a pneumatic tubing station, widgets and order ships. This station dates back to 1922 and it was located on the 7th floor in the Stock Exchange Luncheon Club.
These capsules traveled through the pneumatic tubes carrying stock orders/reports to broker's booths.
That's a letter from Thomas Edison to the stock exchange president inquiring about using his improved stock ticker.
This is the press release announcing that Muriel Siebert is the first woman to own a seat on the exchange.
This is the Buttonwood Agreement from 1792. 20-four prominent brokers and merchants signed the document agreeing to buy and sell securities on a commission basis. The NYSE traces its origins to this document.
This painting of the Buttonwood Agreement signing is in the member's restaurant on the 7th floor. It was painted in 1949.
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