Henry W. Poor
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Henry W. Poor
Henry William Poor (June 16, 1844 – April 13, 1915) was an American banker, stockbroker, and author. Biography Early life Henry William Poor was born in Bangor, Maine in 1844, the son of Henry Varnum Poor. The family moved to New York City when he was five years old, and he spent his youth there. He attended Harvard College, graduating in 1865. The firm that he and his father established in 1868, H. V. & H. W. Poor, was a predecessor to the business that eventually became Standard & Poor's. He married Constance Evelyn Brandon on February 4, 1880, and they had five children. Career He became prominent as a stockbroker and investor, but had to liquidate his business in 1908 following some major losses.
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Bangor, Maine
Bangor ( ) is a city in and the county seat of Penobscot County, Maine, United States. The city proper has a population of 31,753, making it the state's List of municipalities in Maine, third-most populous city, behind Portland, Maine, Portland (68,408) and Lewiston, Maine, Lewiston (37,121). Bangor is known as the "Queen City". Modern Bangor was established in the mid-19th century with the lumber and shipbuilding industries. Due to the city's location on the Penobscot River, logs could be floated downstream from the Maine North Woods and processed at the city's water-powered sawmills, then shipped from Bangor's port to the Atlantic Ocean downstream, and from there to any port in the world. Evidence of this is still visible in the lumber barons' elaborate Greek Revival and Victorian architecture, Victorian mansions and the 31-foot-high (9.4 m) statue of Paul Bunyan. Today, Bangor's economy is based on services and retail, healthcare, and education. Bangor has a port of entry a ...
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New York City
New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive with a respective county. The city is the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the United States by both population and urban area. New York is a global center of finance and commerce, culture, technology, entertainment and media, academics, and scientific output, the arts and fashion, and, as home to the headquarters of the United Nations, international diplomacy. With an estimated population in 2024 of 8,478,072 distributed over , the city is the most densely populated major city in the United States. New York City has more than double the population of Los Angeles, the nation's second-most populous city.
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Harvard College
Harvard College is the undergraduate education, undergraduate college of Harvard University, a Private university, private Ivy League research university in Cambridge, Massachusetts, United States. Part of the Harvard Faculty of Arts and Sciences, Faculty of Arts and Sciences, Harvard College is Harvard University's traditional undergraduate program, offering BA (Bachelor of Arts) and BS (Bachelor of Science) degrees. It is highly selective, with fewer than four percent of applicants being offered admission as of 2022. Harvard College students participate in over 450 extracurricular organizations and nearly all live on campus. First-year students reside in or near Harvard Yard while upperclass students reside in other on-campus housing. History Harvard College was founded in 1636 by vote of the Massachusetts General Court, Great and General Court of the Massachusetts Bay Colony. Two years later, the college became home to North America's first known printing press, carri ...
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Banker
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts o ...
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Stockbroker
A stockbroker is an individual or company that buys and sells stocks and other investments for a financial market participant in return for a commission, markup, or fee. In most countries they are regulated as a broker or broker-dealer and may need to hold a relevant license and may be a member of a stock exchange. They generally act as a financial advisor and investment manager. In this case they may also be licensed as a financial adviser such as a registered investment adviser (in the United States). Examples of professional designations held by individuals in this field, which affects the types of investments they are permitted to sell and the services they provide include chartered financial consultants, certified financial planners or chartered financial analysts (in the United States and UK), chartered financial planners (in the UK). In the United States, the Financial Industry Regulatory Authority provides an online tool designed to help understand professio ...
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Author
In legal discourse, an author is the creator of an original work that has been published, whether that work exists in written, graphic, visual, or recorded form. The act of creating such a work is referred to as authorship. Therefore, a sculptor, painter, or composer is considered the author of their respective sculptures, paintings, or musical compositions. Although in common usage, the term "author" is often associated specifically with the writer of a book, Article (publishing), article, Play (theatre), play, or other written work. In cases involving a work for hire, the employer or commissioning party is legally considered the author of the work, even if it was created by someone else. Typically, the first owner of a copyright is the creator of the copyrighted work, i.e., the author. If more than one person created the work, then joint authorship has taken place. Copyright laws differ around the world. The United States Copyright Office, for example, defines copyright as "a ...
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Henry Varnum Poor
Henry Varnum Poor (December 8, 1812 – January 4, 1905) was an American financial analyst and founder of H.V. and H.W. Poor Co, which later evolved into the financial research and analysis bellwether, Standard & Poor's. Biography Born in East Andover, Massachusetts (now Andover, Maine) to Sylvanus and Mary (Merrill) Poor, he was the first of his family to attend college, graduating from Bowdoin in 1835. He was descended from General Enoch Poor of the Revolutionary War. He joined his uncle's law firm, being called to the bar in 1838. Later Henry and his brother John established a law practice in Bangor, Maine. By investing money in Maine's growing timber industry, the Poor brothers made a fortune. John Poor became a minor railway magnate in association with the European and North American Railway, and was heavily involved in the building of the Maine rail network. In 1849, John purchased the '' American Railroad Journal'', of which Henry became manager and editor. In 1860, H ...
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Standard & Poor's
S&P Global Ratings (previously Standard & Poor's and informally known as S&P) is an American credit rating agency (CRA) and a division of S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. S&P is considered the largest of the Big Three credit-rating agencies, which also include Moody's Ratings and Fitch Ratings. Its head office is located on 55 Water Street in Lower Manhattan, New York City. Corporate history The company traces its history back to 1860, with the publication by Henry Varnum Poor of ''History of Railroads and Canals in the United States''. This book compiled comprehensive information about the financial and operational state of U.S. railroad companies. In 1868, Henry Varnum Poor established H.V. and H.W. Poor Co. with his son, Henry William Poor, and published two annually updated hardback guidebooks, '' Poor's Manual of the Railroads of the United States'' and ''Poor's Directory of Railway Officials''. In 1906, ...
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Book Collector
Book collecting is the collecting of books, including seeking, locating, acquiring, organizing, cataloging, displaying, storing, and maintaining whatever books are of interest to a given collector. The love of books is '' bibliophilia'', and someone who loves to read, admire, and a person who collects books is often called a '' bibliophile''. Book prices generally depend on the demand for a given edition which is based on factors such as the number of copies available, the book's condition, and if they were signed by the author (and/or editor or illustrator, if applicable) or by a famous previous owner. For example, a first edition '' And to Think That I Saw It on Mulberry Street'' can reach the price of $12,000 in the best condition. History In the ancient world, ''papyri'' and scrolls (the precursors of the book in codex form) were collected by both institutions and private individuals. In surviving accounts there are references to bibliophile book collectors in that era. Xeno ...
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Writers From Bangor, Maine
A writer is a person who uses written words in different writing styles, genres and techniques to communicate ideas, to inspire feelings and emotions, or to entertain. Writers may develop different forms of writing such as novels, short stories, monographs, travelogues, plays, screenplays, teleplays, songs, and essays as well as reports, educational material, and news articles that may be of interest to the general public. Writers' works are nowadays published across a wide range of media. Skilled writers who are able to use language to express ideas well, often contribute significantly to the cultural content of a society. The term "writer" is also used elsewhere in the arts and music, such as songwriter or a screenwriter, but also a stand-alone "writer" typically refers to the creation of written language. Some writers work from an oral tradition. Writers can produce material across a number of genres, fictional or non-fictional. Other writers use multiple media such a ...
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1844 Births
In the Philippines, 1844 had only 365 days, when Tuesday, December 31 was skipped as Monday, December 30 was immediately followed by Wednesday, January 1, 1845, the next day after. The change also applied to Caroline Islands, Guam, Marianas Islands, Marshall Islands and Palau as part of the Captaincy General of the Philippines; these became the first places on Earth to redraw the International Date Line. Events January–March * January 4 – The first issue of the Swedish-languaged ''Saima'' newspaper founded by J. V. Snellman is published in Kuopio, Finland. * January 15 – The University of Notre Dame, based in the city of the same name, receives its charter from Indiana. * February 27 – The Dominican Republic gains independence from Haiti. * February 28 – A gun on the USS ''Princeton'' explodes while the boat is on a Potomac River cruise, killing U.S. Secretary of State Abel Upshur, U.S. Secretary of the Navy Thomas Walker Gilmer and four other people. ...
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1915 Deaths
Events Below, the events of World War I have the "WWI" prefix. January *January – British physicist Sir Joseph Larmor publishes his observations on "The Influence of Local Atmospheric Cooling on Astronomical Refraction". *January 1 ** WWI: British Royal Navy battleship HMS Formidable (1898), HMS ''Formidable'' is sunk off Lyme Regis, Dorset, England, by an Imperial German Navy U-boat, with the loss of 547 crew. **WWI: Battle of Broken Hill: A train ambush near Broken Hill, Australia, is carried out by two men (claiming to be in support of the Ottoman Empire) who are killed, together with four civilians. * January 5 – Joseph E. Carberry sets an altitude record of , carrying Capt. Benjamin Delahauf Foulois as a passenger, in a fixed-wing aircraft. * January 12 ** The United States House of Representatives rejects a proposal to give women the right to vote. ** ''A Fool There Was (1915 film), A Fool There Was'' premières in the United States, starring Theda Bara as a '' ...
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