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The Stock Exchange Closed, 31 July 1914, at 10: 00am (b / w photo)
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The Stock Exchange Closed, 31 July 1914, at 10: 00am (b / w photo)
3641903 The Stock Exchange Closed, 31 July 1914, at 10:00am (b/w photo) by English Photographer, (20th century); Private Collection; (add.info.: The Stock Exchange Closed, 31 July 1914, at 10:00am. The Bank Rate was raised from 4 to 8 per cent, and the next day stood at 10. Illustration for cigarette card publishe by Smith s.); © Look and Learn
Media ID 22450310
© Look and Learn / Bridgeman Images
Brokers Closed Closure Finance Finances Financial Interest Markets Morning Rates Stock Stockbrokers Stress Great War
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EDITORS COMMENTS
This photograph captures a significant moment in history - "The Stock Exchange Closed, 31 July 1914, at 10:00am". Taken by an English photographer in the early 20th century, this print showcases the solemnity and gravity of the event. Intriguingly, this closure occurred on the eve of World War I, a conflict that would reshape nations and economies. The accompanying information reveals that the Bank Rate was raised from 4 to 8 percent, with further increases looming. This sudden shift undoubtedly caused great stress among brokers and stockbrokers as they grappled with uncertain financial markets. The image depicts a scene filled with tension and anticipation. We see men dressed in formal attire gathered around trading desks, their expressions reflecting concern for what lies ahead. The atmosphere is palpable as these individuals navigate through unprecedented times. This photograph serves as a poignant reminder of how global events can impact even the most powerful institutions like the stock exchange. It encapsulates not only financial turmoil but also marks the beginning of one of humanity's darkest chapters - World War I. Preserved within a private collection, this snapshot offers us a glimpse into history's unfolding drama. As we observe this frozen moment captured at precisely 10:00 am on July 31st, we are reminded of both the fragility and resilience inherent in our economic systems during times of crisis.
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