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Business & Finance Trivia

Questions

1.Who was the first American to make $100 million a year?

2. Who devised and used the first electric stock quotation board

3. Who tried and failed to corner the silver market in the late 1970s?

4. What was the slowest trading day in New York Stock Exchange history?

5. Who was the first U.S. president in office to visit the New York Stock Exchange?

6. In what city was America’s first stock exchange located?

7. What company was the first to earn $1 billion in one year?

8. In what year did Ford Motor Company go public?

9.What company today was originally named the Computer-Tabulator-Recorder Company (C-T-R)?

10.What state is the corporate headquarters capital of the United States?

11. Who was America’s first billionaire?

12. What brokerage firm was founded in 1924 by four brothers from California?

13. When Ford went public in 1956, which firm did it choose to head up the underwriting?

14.Where was the first location in New York City used by brokers to buy and sell stocks?

15. What happened to the Dow Jones Industrial Average during World War II?

16. The World’s Worst Inflation:

17.What hymn did Cornelius Vanderbilt sing on his deathbed?

18.What could you have bought for $3,470.25 on March 16, 1830?

19. What product did Sears Roebuck market in the early ‘50s under the brand name "Allstates"?

20.In what industry did the DuPont make their original fortune?

21. Which of these companies is the oldest incorporated joint-stock merchandising company in the English-speaking world?

• Bank of America

• The Bay (the Hudson’s Bay Company)

• Eaton’s

• Lloyd’s of London

• Wells Fargo

 

22. This powerful US corporation asked the American government to overthrow the government of Guatemala, and supplied two freighters for the Bay Pigs invasion. Its ability to influence Latin American governments gave it the nickname of " the octopus." But what dose it call itself ?

• Coca-Cola

• Pepsi-Cola

• Goodyear

• Goodrich

• United Fruit Company

23. What is the busiest time of the day for business calling?

24. What is the most expensive wristwatch?

25. What is the most expensive pocket watch?

26. What are the top 5 firms by Assets?

27. Who is the largest asset manager in the world?

28. When were circuit breakers introduced?

29. What did the term "buck" originally refer to?

30. What was the first derivative and where was it first referenced?

31. What is the largest monthly money inflow into mutual funds?

32. What is the largest antitrust penalty?

33. What are the best performing technology IPOs?

34. What is the world's largest oil concern?

35. What is the largest first-day IPO price rise?

[back to top | Answers]

What year was it?

1921

Sloan and DuPont hire Day & Zimmerman to assist in reorganization at GM, one of the first uses of management consultants.

1925

Organization of McKinsey & Co. by James McKinsey, soon to become the most prominent management consultant firm.

1927

The first transmission of television signals.

John D. Rust develops mechanical cotton picker, prompting large migration of Blacks to the North.

Formations of Merck & Co.’s predecessor, which will become the nation’s leading pharmaceutical company.

1929

Stock market crash, signaling the beginning of hard times.

1933

Organization of Revlon, which will alter the way American women purchase and use cosmetics.

Organization of Toyota Motors.

Organization of Nissan (Jidosha Seizo)

1936

Douglas Aviation introduces the DC-3, the first commercial passenger plane capable of flying profitably.

1943

Alexander Fleming discovers penicillin; first US production. The first of the antibiotics,

penicillin and other drugs will revolutionize the pharmaceutical industry.

1948

Founding of Xerox; in 1949 xerography was perfected commercially.

1953

First IBM computer, the 701.

1968

Organization of Intel Corp., which will become the leading firm in creation of electronic chips.

1976

Apple Corp. formed and the Apple II perfected the following year, the premier product in the personal computer industry.

1977

Found of Oracle, which became a major company in the software field and a key element on the information superhighway.

Dow Largest Drops

Points Percentage Date
554.26 22.6 Oct. 27, 1997
508.00 7.18 Oct. 19, 1987

Biggest Nasdaq Drops

Points Date
115 Oct. 27, 1997
65.44 August 4, 1998

Dow Milestones

100 Jan. 12, 1906
DJIA's first century mark comes 10 years after launch. But the news, greeted with little fanfare, doesn't make the front page of The Wall Street Journal.
1000 Nov. 14, 1972
After near-misses at crossing this mark for the previous six years, the public gapes but reaction is muted in The Wall Street Journal. A front-page article attaches 'little market significance' to it.
2000 Jan. 8, 1987
New Year's rally pushes index past milestone after four years of a bull market.
3000 April 17, 1991
Rally after Gulf War propels stocks past milestone, nine months after just missing.
5000 Nov. 21, 1995
Just in time for Thanksgiving, DJIA surges past milestone just nine months after breaking 4000.
6000 Oct. 14, 1996
Shrugging off a summer pullback that included two 100-point-or-more drops, the DJIA breaks barrier as inflation fears ebb.
7000 Feb. 13, 1997
Still the quickest-ever vault of a 1,000-point milestone.

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