Front:
1792
1992
Pirnwers
UNITED STATES OF
MERICA
RK
*MAY
29
1792
1992
NEW YORK STOCK EXCEANSE
2 1992
10199
ANNIVERSART
200
NY
Back:
NEW YORK STOCK EXCHANGE
First Day of Issue: May 17, 1992
First Issue Location: New York, New York
In 1792 a group of 24 men convened under a buttonwood
tree in New York to discuss their mutual interest in
finances and investments. From this encounter, which
took place on what is now Wall Street, evolved the
world's largest marketplace for securities — the New
York Stock Exchange (NYSE). The organization flour-
ished during the early 19th century, but after the Panic of
1837, the exchange subsequently required all listed
companies to provide public disclosures of financial
records before offering stock. The exchange adopted its
present name in 1863 and five years later offered its seats
only through purchase from an existing member. Since
the Great Depression of 1929, the NYSE has been regu-
lated by the Securities and Exchange Commission. A
corporation seeking to list on the NYSE must meet rigor-
ous conditions. It must earn a minimum of $2.5 million
before taxes, possess at least one million shares of out-
standing stock, grant voting rights to common stockhold-
ers and publish regular financial statements.
No. 92-22
First Day of Issue Postcard Collection
©1992 Fleetwood®, Cheyenne, WY 82008-0001
Original painting for the First Day of Issue Postcard by Shannon Stirnweis
Fleetwood