Passerby stroll past the impressive New York Stock Exchange building on a busy day on Wall Street. Constructed in the Greek-Revival style, the lofty-looking structure stands out from some of the more contemporary buildings in the background. Standing in front of the stock exchange building is a large statue of George Washington to commemorate when he took his oath of office to become the nation's first president on the steps of Federal Hall.
The New York Stock Exchange building was officially created on March 8,1817. However, plans for the stock exchange can be traced back to as early as 1792 when 24 stockbrokers signed an agreement describing their conditions for the exchange under a buttonwood tree on Wall Street, causing the arrangement to be known as the "Buttonwood Agreement." As of today, the NYSE is currently the second-largest stock exchange in the world and operates as a for-profit organization, signified when when it merged with the Archipelago electronic stock exchange in 2005.
From the collection of Fred Bodin of Gloucester, MA. Fred was a long time resident and well-known photographer of Gloucester and had one of the best private collections of New England nautical photographs in private hands. Fred was a photojournalist having graduated with this degree from Syracuse University and worked for Yankee Magazine. Fred passed away in 2016 and HIP purchased his collection from his estate.