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In Years Past

July 31, 2014

In 1914, the New York Stock Exchange was closed this day on account of the European situation. The consolidated stock exchange and the New York curb market also ceased business. This was followed immediately by announcement of the closing of exchanges in the other chief cities throughout the country. An official announcement was made by the secretary of the stock exchange. "The governing committee decided that the exchange be closed until further notice and that all deliveries be suspended until further notice." With the suspension of business, transactions in securities the world over came virtually to a halt.



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