Panic of 1873



Themes

Timeline

Y/M/D Description Place
1873/04/30 Piedmont Manufacturing Co is chartered by the state of South Carolina with subscriptions of $200000. Building begins at Garrison Shoals, but the work was soon halted as subscribers withdrew, seemingly in reaction to financial effects of the Panic of 1873. Piedmont Manufacturing Company, Piedmont, SC
1873/09/18 Cooke and Company suspend operations after depositors withdraw too much cash
1873/09/20 New York Stock Exchange closes on Sept 20, reopens 6 October 1873 (10-12 Broad St from 1865-1901, demolished 10 May 1901)

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