Trivia Finance Q&A
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?
Answers:
1. Al Capone
2. Sutro &Co. make it in 1929
3. The Hunt brothers and their associates.
4. March 31st, 1830 --only 31 shares traded for the day
5. Ronald Reagan on March 28,1985
6. Philadelphia
7. General Motors
8. 1956
9. IBM
10. Delaware
11. Henry Ford
12. Dean Witter and Co.
13. Ford chose Blythe and Co.
14. At 68 Wall Street under a buttonwood tree
15. It rallied from a low of 92.70 in early 1942 to 213.40 by the end of the war
16. The recent civil war in what used to be Yugoslavia has brought on some of worst inflation the world has ever known, far exceeding that of the famed 1923 hyper-inflation of Germany. In 1990, with the collapse of the "communism" throughout Europe, a new currency was introduced, with one of the "new" Dinara being equal to 10,000 of the "old" Dinara. Inflation picked up in 1992, as the Slovenia, Croatia, Bosnia-Herzegovinia, and Macedonia declared their independence from Yugoslavia. Another new currency was introduced, with one of the "new" Dinara being equal to ten of the previous Dinara. By the autumn of 1993, with an international embargo on Yugoslavia and the country trying to support Serb rebels in Croatia and Bosnia-Herzegovinia inflation really got going, and another new currency was introduced, also called the Dinara, with one new Dinara equal to 1 million previous Dinara. Paying for a war by running the printing press does not work. Denominations as high as 500,000,000,000 Dinara were produced, before another new currency was introduced on January 1,1994, with of the new Dinara being equal to 1 billion of the previous Dinara that had been introduced only months before. Thus it took 100,000,000,000,000,000,000 of the new 1994 Dinara to equal one of the pre-1990 Dinara.
17. " I am poor, I am needy."
18. It was the slowest trading day in market history so you could have bought all of the stock for sale on Wall Street.
19. Automobiles
20. Blasting powder
21. The Bay. It sold Rupert’s land to Canada in 1870 for 300,000 pounds.
22. United Fruit Company. The company is now known as the Chiquita Brand International, for its mascot. The Banana Company’s power over countries made them " Banana Republics".
23. It is from 11:00 a.m. to noon Eastern Time.
24. Vacheron Constantin’s Kallista watch was sold for $9 million. Designed in 1977 by the artist Raymond Moretti, the watch features 118 diamond, weighing 130 carats.
25. Patek Philippe’s Calibre 89 fetched a record $2.7 million ($3.2 million with taxes and commission) at auction in 1989. At the time, it was the world’s most complicated timepiece with 1,728 parts and 33 functions.
26.
Travelers/Citicorp $687 billion* Bank of Tokyo-Mitsubushi $582 HSBC Holdings $393 Chase Manhattan $365 GE $304
* Figures are at end of March 1998.
27. The $23 billion merger between SBC and the UBS gave birth to the largest assets manager in the world.
28. The US markets introduced circuit breakers after the crash of Oct. 1987. The circuit breakers halt trading for 30 minutes when the Dow falls by 350 points or more, and for 1 hour when the Dow falls 550 points or more. These were came into use for the first time on Oct. 27, 1997 when the DJIA tumbled 554, the biggest points drop in history.
29. The buck was a term originally used to refer simply to a deerskin, a common medium of exchange in frontier days.
30. The first derivative product was an option. Some historians have found references to options in the Bible. Options were actively traded during the Dutch Tulip Bulb craze starting in 1647 predating the start-up of organized stock exchanges by a century. Options traded informally on the floor at the NYSE in 1817. In 1869 Russell Sage invented options strategies as a cover for usurious insurance loans. The Securities and Exchange Act of 1934 led to the formation of the Put and Call Brokers and Dealers Association. Listed options put an end to the 30 put and call brokers trading options in the over-the-counter market on the day the Chicago Board Options Exchange started trading. That day was April 26,1973 when options on 16 issues began trading. Today options on over 2100 securities trade on 4 exchanges. (CBOE, AMEX, PE, PHLX).
31. Investors poured a record $37.5 billion into mutual funds in March of 1998, eclipsing the previous monthly record for net mutual-fund investment of $32.7 billion, set in January 1996.
32. Ucar International Inc., the nation's leading maker of graphite electrodes, has agreed to pay a $110 million fine for price fixing.
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