How did New York's Wall Street get its name?

Answer 1

1. The name of the street derives from the fact that during the 17th Century, it formed the northern boundary of the New Amsterdam settlement where the Dutch had constructed a crude wall of timer and earthwork. The wall was meant as a defense against attack from Lenape Indians, New England colonists, and the British, but it was never tested in battle. The wall was dismantled by the British in 1699. Additionally, the name now represents high finance, investment banking and stock trading.
2. The wall was built on orders from Peter Stuyvesant.

Answer 2

The name of the street derives from the fact that during the 17th century, it formed the northern boundary of the New Amsterdam settlement. In the 1640s basic picket and plank fences denoted plots and residences in the colony.

Later, on behalf of the West India Company, Peter Stuyvesant, in part using African slaves, led the Dutch in the construction of a stronger stockade. By the time war had developed with the English, a strengthened 12 foot wall of timber and earth was created by 1653 fortified by palisades.

The wall was created, and strengthened over time, as a defense against attack from various Indian tribes, New England colonists, and the British. In 1685 surveyors laid out Wall Street along the lines of the original stockade.

The wall was dismantled by the British in 1699. In the late 18th century, there was a buttonwood tree at the foot of Wall Street under which traders and speculators would gather to trade informally. In 1792, the traders formalized their association with the Buttonwood Agreement.

This was the origin of the New York Stock Exchange. In 1889, the original stock report, Customers' Afternoon Letter, became the The Wall Street Journal, named in reference to the actual street, it is now an influential international daily business newspaper published in New York City.

For many years, it had the widest circulation of any newspaper in the United States, although it is currently second to USA Today. It is owned by Dow Jones & Company.

Also, Free-roaming hogs were famous for rampaging through the valuable grain fields of colonial New York City farmers. The Manhattan Island residents chose to block the troublesome hogs with a long, permanent wall on the northern edge of what is now Lower Manhattan. A street came to border this wall -- named aptly enough, Wall Street.

Answer 3

by hogs that were getting attacked so they put a wall up to protect the hogs.

Wall Street got its name from when in the 1600 a man named Peter Stuyvesant, got together with the colonist of the area and decided to build a more substantial fence or wall for the stockade that was there at the time. They originally had a picket fence type structure that surrounded the stockade. He then proceeded to build a 12 foot wall that ran from Pearl street which was at the shoreline, crossing Broadway and ending at the next shoreline which is now called Trinity Place. This being in the center of town and a spot everyone was familiar with it became a market place of sorts where people could buy and sell goods and slaves.