New York Stock Exchange closes

Citations (2)

• Lords of Finance whole source · open book

  But the following morning, once the news hit New York that even the London exchange had been forced to suspend trading, the same bankers met again—this time joined by Frank Vanderlip of the National City Bank and Dwight Morrow, one of the new Morgan partners—and decided to close the New York Stock Exchange.

  chapter: 4. A SAFE PAIR OF HANDS - THE United States: 1914

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• The House of Morgan - An American Banking Dynasty and the whole source · open book

  By the morning of July 31, 1914, a staggering accumulation of overnight sell orders threatened a thunderous crash.

  chapter: 10. War

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