Datebook: May 17 - Buttonwood Agreement 220 Years Ago
The Buttonwood Agreement took place on this day in 1792, signed by 24 stock brokers on the sidewalk of 68 Wall Street, under a buttonwood tree. Their constitution was drafted in 1817, and began the New York Stock & Exchange Board, now called the New York Stock Exchange.
The Agreement had two provisions: 1) brokers were to deal only with each other, and 2) commissions were to be 0.25%. Today, the NYSE is the largest stock exchange in the world, with a market capitalization of over $14.2 trillion dollars, and a daily trading value of over $153 billion.
It’s Thursday, May 17
The Lowertown Arts and Music Festival fans out from 7th and Madison in Paducah this weekend . Enjoy regional art, food, music , theatre and kid’s stuff while visiting the local galleries. Parking’s closeby. Friday, 3 to 10 p.m.; Saturday 10 a.m. to 10:30 p.m.; and Sunday noon to 5. See lowertownamf.com.
Fidalgo Bay Coffee of Murray hosts a Generosity Day for the Humane Society Saturday from 8 a.m. to noon at their Payne and 12th location. A silent auction goes on all day to 8 p.m. benefiting the Society, as do a portion of the proceeds of sales of Tom Jackson pottery. The Humane Society is microchipping and offering custom engraved pet ID tags. Meet foster pets seeking permanent homes.
The Paducah Symphony Youth String Orchestra performs a concert featuring guest harpist Mary Dicken next Monday at 7 p.m. Patty Story directs 28 area youth musicians from McCracken and Graves Counties. The Concert is at the Milburn Chapel, 3760 Metropolis Lake Road, West Paducah.
Thanks for listening. See details at wkms.org.