Dow Jones Surpassed 11,000 Points

The Dow Jones Industrial average surpassed 11,000 points on May 3, 1999 to reach 11,014.69 merely 24 days after passing the 10,000 point mark.

Date:
      May 3, 1999
Name(s):
      Dow Jones
Occupation:
      Stock Market
Location:
      New York, NY, USA


Additional Information:

  • Milestones Of The Dow Industrials – CNBC.com
    Apr 25, 2007 – In one year — 2007 — the Dow Jones Industrial Average’s broke through three … bear market in half a century will begin, with the Dow losing 40% of its value at one point. … May 1999 – The 11,000 is reached for the first time.
  • Closing milestones of the Dow Jones Industrial Average – Wikipedia
    This article is a summary of the closing milestones of the Dow Jones Industrial Average, …. 6 List of 1000-point milestones by number of trading days; 7 See also … The Dow continues upward to surpass its prior all-time record on March 5, 2013 ….. The Dow Jones Industrial Average was first published on February 16, 1885.
  • Dow Jones Closing History: Top Highs, Lows Since 1929 – The Balance
    The Dow Jones Industrial Average’s highest closing record is 26,828.39 set on October … These were the first records set since the Dow reached 26,616.71 on … On February 8, it entered a market correction when it fell 1,032.89 points to 23,860.46. …. It closed at 14,253.77, taking five years to surpass its previous record of …
  • All of the important Dow milestones in one chart – MarketWatch
    Jan 5, 2018 – That’s the fastest 1000-point advance in the index’s history — by one trading session. … Just 23 sessions after hitting 24,000, the Dow Jones Industrial … The rise to 25,000 comes as Republicans in Congress have passed their major … level (the first 24-session rally was from 10,000 to 11,000 in early 1999).
  • Dow Jones Finishes Above 1,000 – NY Times – The New York Times
    City Relief Rolls Were Up Only 392 This September: Rise Compares With 8,845 … The Dow Jones industrial average closed above the 1,000 mark yesterday for the … It finished at 1,003.16 for a gain of 6.09 points in what many Wall Streeters … Last Friday, the Dow surpassed 1,000 during the course of a day’s trading, but it …

The Steam-Powered Sawmill

A steam-powered sawmill was built in London, England in 1663. Sawyers who feared unemployment, rioted at its introduction.
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James Nasmyth

James Hall Nasmyth (sometimes spelled Naesmyth, Nasmith, or Nesmyth) (19 August 1808 – 7 May 1890) was a Scottish engineer, artist and inventor famous for his development of the steam hammer. Continue reading

Isambard Kingdom Brunel

Isambard Kingdom Brunel FRS (/ˈɪzəmˌbɑːd bruːˈnɛl/; 9 April 1806 – 15 September 1859), was an English mechanical and civil engineer who is considered "one of the most ingenious and prolific figures in engineering history", "one of the 19th century engineering giants", and "one of the greatest figures of the Industrial Revolution, [who] changed the face of the English landscape with his groundbreaking designs and ingenious constructions". Continue reading

The Shaper: for Iron works

Around 1826 an Inventor by the name of James Nasmyth of Manchester, England, invented the Shaper. Continue reading

Electric Arc Furnace Invented

Paul-Louis Toussaint Heroult created the Electric Arc Furnace (Heated by a carbon arc at very high temp.) in France. At first it was used to melt scrap iron, then later in the Hall-Heroult process, the electrolytic refinement process of aluminum.

Date: 1900
Name(s): Paul-Louis Toussaint Heroult
Occupation: French Metallurgist
Location: France


Additional Information:

  • Electric arc furnace – Wikipedia
    ndustrial arc furnaces range in size from small units of approximately one ton capacity (used in foundries for producing cast iron products) up to about 400 ton units used for secondary steelmaking.
  • When was the electric arc furnace invented?
    The German-born British inventor Sir William Siemens first demonstrated the arc furnace in 1879 at the Paris Exposition by melting iron in crucibles. In this furnace, horizontally placed carbon electrodes produced an electric arc above the container of metal.
  • What does electric arc furnace do?
    Steel scrap (or other ferrous material) is first tipped into the EAF from an overhead crane. A lid is then swung into position over the furnace. This lid contains electrodes which are lowered into the furnace. An electric current is passed through the electrodes to form an arc.
  • Steel History From Iron Age to Electric Arc Furnaces – The Balance
    The development of steel can be traced back 4000 years to the beginning of the Iron Age. Proving to be harder and stronger than bronze, which had previously been the most widely used metal, iron began to displace bronze in weaponry and tools.
  • Electric Arc Furnace | Industrial Efficiency Technology & Measures
    Electric Arc Furnaces (EAFs) are a central part of the production route that is an alternative to the dominant BF-BOF route. EAFs are used to produce carbon steels and alloy steels primarily by recycling ferrous scrap.

Water powered sawmill used in marble cutting

Gallic born latin poet by the name of Decimus Magnus Ausonious, described a stone cutting water powered mill in his lyric poem about the Mosella (Moselle) river in Gaul (now France), written circa 360. This water powered mill was cutting marble for the city of Treves. Mills of this type may have been used throughout the roman empire for several hundred years.

Date:
      Circa 360 CE

Name(s):
      Decimus Magnus Ausonious

Occupation:
      Poet


Additional Information:

  • Hierapolis sawmill – Wikipedia
    The Hierapolis sawmill is believed to be a Roman water-powered stone sawmill at Hierapolis, Asia Minor (modern-day Turkey). Dating to the second half of the 3rd century AD, the sawmill is considered the earliest known machine to combine a crank with a connecting rod, although neither clear ancient scripts nor engineering drawings were yet found to support this theory.
  • Sawmill – Wikipedia
    A sawmill or lumber mill is a facility where logs are cut into lumber. Before the invention of the sawmill, boards were made in various manual ways, either rived (split) and planed, hewn, or more often hand sawn by two men with a whipsaw, one above and another in a saw pit below.
  • Roman Mills (Article) – Ancient History Encyclopedia
    The Romans constructed mills for use in agriculture, mining and construction. Around the 3rd century BCE, the first mills were used to grind grain.
  • 23 – Society for the History of Medieval Technology and Science
    Showing a picture of the Villard saw (ill. 1) he described it as the earliest drawing we had of a semi-automatic tool (alluding to the feed back mechanism which advanced the timber to the blade) but not the earliest known such saw, one being recorded at Evreux in 1204.
  • Ancient Roman Industrial Watermills – YouTube

Patent for a Steam Forge Hammer

Inventor James Nasmyth of Manchester, England, applied for a patent (in 1842) for a Steam Forge Hammer. As they say "Inventions / innovations are born out of nessecity"… Continue reading

Irving Langmuir, first Industrial Scientist to receive Nobel Prize in Chemistry

First Industrial Scientist presented the Nobel Prize in Chemistry was in 1932
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