“Happy Birthday, Stock Market!”

Wall Street leads directly to the front door of Trinity Church in New York City. Trinity Church is an Episcopal church that was founded by royal charter in 1697. The first church was on Wall Street facing the Hudson River.
When Trinity Church was destroyed by the Great New York City Fire of 1776, services moved over to St. Paul’s Chapel until the new church was finished in 1790.
The rebuilt Trinity Church was destroyed by the snowstorms of 1838 – 1839.
The current Trinity Church was completed in 1846. It was the tallest building in the United States until 1869 when a church in Chicago took the title. Trinity Church remained the tallest structure in New York City until it was surpassed by the Brooklyn Bridge towers in 1883.

Two dozen merchants and brokers established the New York Stock Exchange on May 17, 1792. In good weather they operated under a buttonwood tree on Wall Street. In bad weather they moved inside to a coffeehouse to conduct business.

Previously securities exchange had been intermediated by the auctioneers who also conducted more mundane auctions of commodities such as wheat and tobacco. On May 17, 1792 twenty four brokers signed the Buttonwood Agreement; the agreement had two provisions:

1) the brokers were to deal only with each other, thereby eliminating the auctioneers, and

2) the commissions were to be 0.25%.

The earliest securities traded were mostly governmental securities such as War Bonds from the Revolutionary War and First Bank of the United States stock. In 1817 the stockbrokers of New York operating under the Buttonwood Agreement instituted new reforms and reorganized. After re-forming as the New York Stock and Exchange Board the broker organization began renting out space exclusively for securities trading, which previously had been taking place at the Tontine Coffee House. Several locations were used between 1817 and 1865, when the present location was adopted.

The location of the stock market, a building on Wall Street, is shorthand for referring to the entire financial system. There are varying accounts about how the Dutch-named “de Waalstraat” got its name. A generally accepted version is that the name of the street was derived from a wall (actually a wooden palisade) on the northern boundary of the New Amsterdam settlement, built to protect against Native Americans, pirates, and the British. When the British did take control of New Amsterdam and it became New York, the New York City Common Council made Wall Street the city’s first official slave market for the sale and rental of enslaved Africans and Indians in 1711. The slave market operated from 1711 to 1762 at the corner of Wall and Pearl Streets. It was a wooden structure with a roof and open sides, although walls may have been added over the years and could hold approximately 50 men. The city directly benefited from the sale of slaves by implementing taxes on every person who was bought and sold there.

Much of Wall Street itself is owned by Trinity Church; the land along the northern wall of the fort was a gift from Queen Anne to the parish.

Happy Birthday, Bram!

Bram Stoker, an Irish author-actor-playwright, is best known for his novel Dracula.

Bram Stoker, an Irish author-actor-playwright, is best known for his novel Dracula.

Abraham “Bram” Stoker (born November 8, 1847 – died April 20, 1912) was an Irish novelist and short story writer, best known today for his 1897 novel Dracula. During his lifetime, he was better known as personal assistant of actor Henry Irving and business manager of the Lyceum Theatre in London, which Irving owned. (Stoker’s residence and parish church can still be visited in Dublin.)

Although Stoker himself never visited Romania or the Carpathian Mountains, he spent several years researching European folklore and mythological stories of vampires. He also met Ármin Vámbéry, a Hungarian writer and traveler, whose dark stories of the Carpathians may have also contributed to Stoker’s inspiration.

Stoker’s most infamous character, the vampire Dracula, has gone on to appear in many “incarnations” or guises. In the Dresden Files series, Stoker’s novel is said to be a hunter’s manual for the Black Court vampires, now all but extinct as a result. Bela Lugosi played the vampire in both stage and film versions of the story. The new Something in the Blood by David Skal was reviewed in the New York Times at the end of October; it is an examination of where all the sexual energy and tension in the book comes from. One study, Who was Dracula? explores and uncovers the wide range of source material – from folklore and history, to personas including Oscar Wilde and Walt Whitman. There are many versions of The Annotated Dracula and each opens new windows into the world of Stoker and his famous, bloody creation.

Charles IV birthday

Charles IV is best known today for the Charles Bridge that unites Prague across the Vltava River.

Charles IV is best known today for the Charles Bridge that unites Prague across the Vltava River.

Charles IV, king of Bohemia and Holy Roman Emperor, celebrates his 700th birthday on Saturday, May 14! He made Prague the cultural and political capital of Europe and the Beautiful Style that he championed made Prague the artistic center of Europe for nearly 100 years. There are several events in Prague to celebrate Charles’ 700th birthday!

Charles IV wanted his stone bridge, built in 1357, to be a masterpiece of occult workmanship to protect his beloved city of Prague.

Charles IV wanted his stone bridge, built in 1357, to be a masterpiece of occult workmanship to protect his beloved city of Prague.

He is best known today, however, for the magnificent stone Charles Bridge which he had built to span the Vltava River in 1357 to replace the original wooden Judith Bridge which had been washed away by a flood in 1342. In order to protect the city, Charles ordered massive amounts of magical reinforcements to be incorporated into the bridge as it served as the principal means of crossing the Vltava for several hundred miles in either direction and helped make Prague one of the most important business centers in central Europe.

Construction began on Charles Bridge at 5:31am on 9 July 1357 and Charles IV himself laid the first stone. This exact time was very important to the Holy Roman Emperor because he was a strong believer of numerology and this specific time, which formed a numerical bridge or palindrome (135797531), reinforced the bridge’s strength. He had eggs used in mixing the mortar, partly because their chemical composition made the mortar stronger and partly because eggs were so important in alchemy. Charles had a brief poem, each line a palindrome, inscribed on a watchtower on the Old Town side of the bridge in order to confuse any devils that might be lurking in the shadows and waiting to cross the bridge:

SIGNATESIGNATEMEREMETENGISETAUGIS
ROMATIBISUBITOMOTIBUSIBITAMOR

“Reveal yourself as a sign in the sky though in vain you reach for me,
your desire.
Rome, the motion of the stars suddenly brings you love.”

Prague has escaped the ravages of time and history nearly unscathed: no major fires or epidemics, no with hunts, no battles or bombings. The magic of the Charles Bridge seems to have worked!

Click here for events in Prague this year to mark the 700th birthday of Charles IV.