Murray R. Ballou
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Murray R. Ballou
Murray Roberts Ballou (July 21, 1840 – April 28, 1914) was an American financier who led the Boston Stock Exchange from 1870 to 1900. Early life Ballou was born on July 21, 1840, in Boston. He was the son of publisher Maturin Murray Ballou and grandson of clergyman Hosea Ballou. Ballou attended the school of Epes Sargent Dixwell from the ages of 12 to 14 then was tutored by Luther Farnham and Sidney Willard successively. Ballou graduated from Harvard College in 1862. On December 1, 1863, he married Lucretia B. Howland of New Bedford, Massachusetts. They had four children (Maturin Howland Ballou, Elise Murray Ballou, Franklin Burgess Ballou, and Mabel Ballou). Their eldest son, Maturin Howland Ballou, died on May 15, 1898. Lucretia Ballou died on July 27, 1899. Career In 1865, Ballou founded a stock brokerage with classmate Benjamin Crowninshield Mifflin. Ballou was elected vice president of the Boston Stock Exchange in 1869 and became its president the following year. The exchan ...
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Boston
Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeastern United States. It has an area of and a population of 675,647 as of the 2020 United States census, 2020 census, making it the third-largest city in the Northeastern United States after New York City and Philadelphia. The larger Greater Boston metropolitan statistical area has a population of 4.9 million as of 2023, making it the largest metropolitan area in New England and the Metropolitan statistical area, eleventh-largest in the United States. Boston was founded on Shawmut Peninsula in 1630 by English Puritans, Puritan settlers, who named the city after the market town of Boston, Lincolnshire in England. During the American Revolution and American Revolutionary War, Revolutionary War, Boston was home to several seminal events, incl ...
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Ticker Tape
Ticker tape was the earliest electrical dedicated financial communications medium, transmitting stock price information over electrical telegraph, telegraph lines, in use from around 1870 to 1970. It consisted of a paper strip that ran through a machine called a stock ticker, which printed abbreviated company names as alphabetic symbols followed by numeric stock transaction price and volume information. The term "ticker" came from the sound made by the machine as it printed. The ticker tape revolutionized financial markets, as it relayed information from trading floors continuously and simultaneously across geographical distances. Paper ticker tape became obsolete in the 1960s, as television and computers were increasingly used to transmit financial information. The concept of the stock ticker lives on, however, in the scrolling electronic tickers seen on brokerage walls and on news and financial television channels. Ticker tape stock price telegraphs were invented in 1867 by E ...
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Businesspeople From Boston
A businessperson, also referred to as a businessman or businesswoman, is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial or industrial) to generate cash flow, sales, and revenue by using a combination of human, financial, intellectual, and physical capital to fuel economic development and growth. History Medieval period: Rise of the merchant class Merchants emerged as a social class in medieval Italy. Between 1300 and 1500, modern accounting, the bill of exchange, and limited liability were invented, and thus, the world saw "the first true bankers", who were certainly businesspeople. Around the same time, Europe saw the " emergence of rich merchants." This "rise of the merchant class" came as Europe "needed a middleman" for the first time, and these "burghers" or "bourgeois" were the people who played this role. Renaissance to Enlightenment: Rise of t ...
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Burials At Mount Auburn Cemetery
Burial, also known as interment or inhumation, is a method of final disposition whereby a dead body is placed into the ground, sometimes with objects. This is usually accomplished by excavating a pit or trench, placing the deceased and objects in it, and covering it over. A funeral is a ceremony that accompanies the final disposition. Evidence suggests that some archaic and early modern humans buried their dead. Burial is often seen as indicating respect for the dead. It has been used to prevent the odor of decay, to give family members closure and prevent them from witnessing the decomposition of their loved ones, and in many cultures it has been seen as a necessary step for the deceased to enter the afterlife or to give back to the cycle of life. Methods of burial may be heavily ritualized and can include natural burial (sometimes called "green burial"); embalming or mummification; and the use of containers for the dead, such as shrouds, coffins, grave liners, and burial ...
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American Financiers
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label that was previously known as Def American * American University, in Washington, D.C. Sports teams ...
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1914 Deaths
This year saw the beginning of what became known as the First World War, after Archduke Franz Ferdinand of Austria, heir to the Austrian throne was Assassination of Archduke Franz Ferdinand, assassinated by Serbian nationalist Gavrilo Princip. It also saw the first airline to provide scheduled regular commercial passenger services with heavier-than-air aircraft, with the St. Petersburg–Tampa Airboat Line. Events January * January 1 – The St. Petersburg–Tampa Airboat Line in the United States starts services between St. Petersburg, Florida, St. Petersburg and Tampa, Florida, becoming the first airline to provide scheduled regular commercial passenger services with heavier-than-air aircraft, with Tony Jannus (the first federally-licensed pilot) conveying passengers in a Benoist XIV flying boat. Abram C. Pheil, mayor of St. Petersburg, is the first airline passenger, and over 3,000 people witness the first departure. * January 11 **The Sakurajima volcano in Japan ...
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1840 Births
Events January–March * January 3 – One of the predecessor papers of the ''Herald Sun'' of Melbourne, Australia, ''The Port Phillip Herald'', is founded. * January 10 – Uniform Penny Post is introduced in the United Kingdom. * January 13 – The steamship ''Lexington'' burns and sinks in icy waters, four miles off the coast of Long Island; 139 die, only four survive. * January 19 – Captain Charles Wilkes' United States Exploring Expedition sights what becomes known as Wilkes Land in the southeast quadrant of Antarctica, claiming it for the United States, and providing evidence that Antarctica is a complete continent. * January 21 – Jules Dumont d'Urville discovers Adélie Land in Antarctica, claiming it for France. * January 22 – British colonists reach New Zealand, officially founding the settlement of Wellington. * February – The Rhodes blood libel is made against the Jews of Rhodes. * February 5 – Damascus Affair: The murder of a Capuchin friar and ...
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Mount Auburn Cemetery
Mount Auburn Cemetery, located in Cambridge and Watertown, Massachusetts, is the first rural or garden cemetery in the United States. It is the burial site of many prominent Boston Brahmins, and is a National Historic Landmark. Dedicated in 1831 and set with classical monuments in a rolling landscaped terrain, it marked a distinct break with Colonial-era burying grounds and church-affiliated graveyards. The appearance of this type of landscape coincides with the rising popularity of the term "cemetery," derived from the Greek for "a sleeping place," instead of graveyard. This language and outlook eclipsed the previous harsh view of death and the afterlife embodied by old graveyards and church burial plots. The cemetery is important both for its historical aspects and for its role as an arboretum. It is Watertown's largest contiguous open space and extends into Cambridge to the east, adjacent to the Cambridge City Cemetery and Sand Banks Cemetery. It was designated a Natio ...
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New Bedford, Massachusetts
New Bedford is a city in Bristol County, Massachusetts, United States. It is located on the Acushnet River in what is known as the South Coast region. At the 2020 census, New Bedford had a population of 101,079, making it the state's ninth-largest city and the largest of the South Coast region. It is the second-largest city in the Providence-New Bedford, RI-MA Metropolitan Statistical Area, which is also a part of the greater Boston, Massachusetts Combined Statistical Area. Up through the 17th century, the area was the territory of the Wampanoag Indians. English colonists bought the land on which New Bedford would later be built from the Wampanoag in 1652, and the original colonial settlement that would later become the city was founded by English Quakers in the late 17th century. The town of New Bedford itself was officially incorporated in 1787. During the first half of the 19th century, New Bedford was one of the world's most important whaling ports. At its economic hei ...
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Massachusetts
Massachusetts ( ; ), officially the Commonwealth of Massachusetts, is a U.S. state, state in the New England region of the Northeastern United States. It borders the Atlantic Ocean and the Gulf of Maine to its east, Connecticut and Rhode Island to its south, New Hampshire and Vermont to its north, and New York (state), New York to its west. Massachusetts is the List of U.S. states and territories by area, sixth-smallest state by land area. With a 2024 U.S. Census Bureau-estimated population of 7,136,171, its highest estimated count ever, Massachusetts is the most populous state in New England, the List of U.S. states and territories by population, 16th-most-populous in the United States, and the List of states and territories of the United States by population density, third-most densely populated U.S. state, after New Jersey and Rhode Island. Massachusetts was a site of early British colonization of the Americas, English colonization. The Plymouth Colony was founded in 16 ...
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Sidney Willard
Sidney Willard (September 19, 1780 – December 6, 1856) was an American academic and politician who served in the Massachusetts House of Representatives, on the Massachusetts Governor's Council and as the second Mayor of Cambridge, Massachusetts. Willard was the Librarian of Harvard from 1800 to 1805. From 1807 to 1831 he was the Hancock Professor of Hebrew and other Oriental Languages at Harvard College. Willard was elected a Fellow of the American Academy of Arts and Sciences in 1808. Willard was the son of Harvard president Joseph Willard and Mary (Sheafe) Willard. Willard was a member of the Anthology Club, and a founder of ''The Literary Miscellany'', established and edited the ''American Monthly Review'' (4 vols., 1832/3), was editor of ''The Christian Register'', contributed to numerous periodicals, and published a ''Hebrew Grammar'' (Cambridge, 1817), and ''Memoirs of Youth and Manhood'' (2 vols., 1855). His son in law, John Bartlett, was an American writer and pub ...
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Hosea Ballou
Hosea Ballou D.D. (April 30, 1771 – June 7, 1852) was an American Universalist clergyman and theological writer. Originally a Baptist, he converted to Universalism in 1789. He preached in a number of towns in Vermont, New Hampshire, and Massachusetts. From 1817, he was pastor of the Second Universalist Church of Boston. He wrote a number of influential theological works, as well as hymns, essays and sermons, and edited two Universalist journals. Ballou has been called one of the fathers of American Universalism. Life and career Hosea Ballou was born in Richmond, New Hampshire, to a family of Huguenot origin. The family claimed to be of Anglo-Norman heritage. The son of Maturin Ballou, a Baptist minister, Hosea Ballou was self-educated, and devoted himself early on to the ministry. In 1789 he converted to Universalism, and in 1794 became pastor of a congregation in Dana, Massachusetts. This cites: :The biography by Thomas Whittemore (4 vols., Boston, 1854–1855) and t ...
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