Wall Street - New York, NY
Posted by: 
bluesnote
N 40° 42.429 W 074° 00.643
18T E 583568 N 4506719
Famous for it's stock exchanges, Wall Street is over 200 years old.
Waymark Code: WMRKNG
Location: New York, United States
Date Posted: 07/04/2016
Views: 9
Taken from the book, "Wall Street, financial heart of the nation, is itself but little more than a third of a mile long from its head at Broadway to its foot at the East River, although its name is applied to a small district lying to the north and south. Functionally, Wall Street is a complex mechanism developed to provided the centralized banking and credit facilities and the efficient securities market place that modern industry and commerce demand. Walled in by towering structures, the street, by historical coincidence, is well named." --- "New York City: A Comprehensive Guide to the Five Boroughs, 1939"
Taken from Wikipedia, "Wall Street is a 0.7-mile-long (1.1 km) street running eight blocks, roughly northwest to southeast, from Broadway to South Street on the East River in the Financial District of Lower Manhattan, New York City. Over time, the term has become a metonym for the financial markets of the United States as a whole, the American financial sector (even if financial firms are not physically located there), or New York-based financial interests.
Anchored by Wall Street, New York City has been called both the most economically powerful city and the leading financial center of the world, and the city is home to the world's two largest stock exchanges by total market capitalization, the New York Stock Exchange and NASDAQ. Several other major exchanges have or had headquarters in the Wall Street area, including the New York Mercantile Exchange, the New York Board of Trade, and the former American Stock Exchange."
Book: New York City
Page Number(s) of Excerpt: 84
Year Originally Published: 1939
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