1910 Economy & Business Events — Verified Historical Highlights
1910 Economy & Business Events — Verified Historical Highlights | TakeMeBack.to
- 13 Feb Port of San Pedro Renamed Los Angeles Harbor: The Port of San Pedro was officially renamed Los Angeles Harbor, marking a significant development in the city's maritime infrastructure. source: en.wikipedia.org
- 14 Feb Norman, Arkansas Incorporated: The city of Norman, Arkansas, was incorporated, establishing its official status as a municipality. source: en.wikipedia.org
- 01 Jun First white settlements in Iditarod River region: In June 1910, the town of Iditarod was founded as a head of navigation for surrounding gold fields, including Flat, Discovery, Otter, Dikeman, and Willow Creek. The town quickly became a bustling boomtown, with hotels, cafés, brothels, clothing stores, three newspapers, a Miners and Merchants Bank, a mercantile store, electricity, telephones, automobiles, and a light railway to Flat. source: en.wikipedia.org
- 06 Jun Presidential Railroad Conference of 1910: On June 6, 1910, President William Howard Taft met with the presidents of Western railroads to discuss proposed rate increases. The following day, he met with leaders from the Pennsylvania Railroad, New York Central, and Southern Railway. All companies agreed to suspend the proposed rate hikes. source: en.wikipedia.org
- 18 Jun Incorporation of Glendale, Arizona: Glendale, Arizona, was incorporated as a city on June 18, 1910. source: en.wikipedia.org
- 29 Jun Southern African Customs Union Agreement signed: On June 29, 1910, the Southern African Customs Union (SACU) Agreement was signed, establishing a customs union among South Africa, Botswana, Lesotho, and Swaziland. This agreement aimed to promote economic development through regional trade coordination. source: sacu.int
- 26 Jul Stock market downturn in the United States: On July 26, 1910, the New York Stock Exchange experienced a significant market downturn, with 110 out of 146 traded issues hitting record low prices for the year. source: en.wikipedia.org
- 09 Aug Alva Fisher patents electric washing machine: On August 9, 1910, Alva J. Fisher was granted U.S. Patent No. 966,677 for the 'Thor' electric washing machine, marking a significant advancement in household appliances. source: en.wikipedia.org
- 08 Sep East River Tunnels Connect Manhattan and Long Island: On September 8, 1910, the East River Tunnels, also known as the East River Tunnels of the New York City Subway, were completed, connecting Manhattan and Long Island. This significant infrastructure project facilitated improved transportation and economic integration between the two boroughs. source: nycsubway.org
- 09 Sep U.S. Treasury Proposes Currency Size Reduction: On September 9, 1910, the U.S. Treasury Department proposed reducing the size of U.S. currency notes. This proposal aimed to make the notes more convenient for handling and storage, reflecting ongoing efforts to modernize the nation's financial systems. source: federalreservehistory.org
- 10 Sep General Motors Financial Crisis Meeting: On September 10, 1910, General Motors convened a financial crisis meeting to address significant financial challenges facing the company. The meeting focused on strategies to stabilize the company's finances and ensure its continued operations. source: autoweek.com
- 11 Sep Mexico's Massive Casiano Oil Strike: On September 11, 1910, Mexico experienced a massive oil strike in the Casiano field. This discovery significantly boosted Mexico's oil production and had a profound impact on the global oil market. source: oilprice.com
- 17 Oct French railroad strike of 1910 ends: On October 17, 1910, the French railroad strike, which had begun six days earlier, was called off unconditionally by the union's strike committee. Approximately 80,000 employees had walked off their jobs during the strike. source: en-academic.com
- 05 Dec Introduction of the Invalid Pension Plan: The Government of Australia introduced a nationwide "Invalid Pension" plan for invalids, now called the Disability Support Pension. source: en.wikipedia.org
- 29 Dec Birth of Ronald Coase: Ronald Coase, a British economist known for his work on transaction costs and property rights, was born on December 29, 1910. He was awarded the Nobel Memorial Prize in Economic Sciences in 1991.
- 31 Dec US tobacco industry milestone in 1910: In 1910, the US tobacco industry achieved a significant milestone with the introduction of the first pre-packaged cigarettes, revolutionizing the market and consumer habits.
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