Janney Montgomery Scott LLC -- JMS Online

2007

Janney Montgomery Scott LLC celebrates its 175th anniversary

2005

Parker/Hunter Incorporated is acquired by Janney Montgomery Scott LLC

“Quadruple witching” options and futures expiration fuels the largest first-hour trading in the history of the NYSE: 704 million shares traded between 9:30 and 10:30 am

Hurricane Katrina devastates Louisiana, Alabama and Mississippi — its effects are felt throughout most of eastern North America

The first free parliamentary elections since 1958 are held in Iraq

The Chicago White Sox win their first World Series Championship since 1917

Passed: Johnny Carson, television personality and host of The Tonight Show; Simon Wiesenthal, Holocaust survivor and Nazi hunter

2001

The DJIA posts its largest one-day drop in history, 684.81 points, on the first trading day after the terrorist attacks on the U.S.

Terrorist attacks on the World Trade Center in New York City, the Pentagon in Washington D.C. and Shanksville, PA

The United States, with ally Great Britain, invades Afghanistan

Apple releases the iPod

Passed: George Harrison, British musician (the Beatles); Isaac Stern, Ukrainian violin virtuoso

1999

Janney Montgomery Scott, Inc. changes its corporate structure and is renamed Janney Montgomery Scott LLC

The Euro is introduced; the Roth IRA is introduced by Senator William Roth; the DJIA closes above 10,000 for the first time

Two teenagers open fire on students and faculty at Columbine High School in Littleton, Co.

The world population exceeds six billion; the new millennium begins at midnight, January 1, 2000

The first BlackBerry is released

Passed: Harry Blackmun, Associate Justice of the U.S. Supreme Court; Joe DiMaggio, American baseball great

1995

The DJIA closes above 4,000 and 5,000—the first time it hits two 1,000 point milestones in one year

The Oklahoma City bombing at the Murrah Federal Building

The World Trade Organization is formed

Dr. Bernard A. Harris, Jr. becomes the first African- American astronaut to walk in space

Passed: Jerry Garcia, American lead guitarist and songwriter of the Grateful Dead; Jonas Salk, American physician and researcher, developer of polio vaccine

1989

The Friday the 13th Mini-Crash. The DJIA falls 190.58 points, or 6.91%, to close at 2,569.26

The Exxon Valdez runs aground and spills 240,000 barrels of oil in Alaska’s Prince William Sound

The Tiananmen Square protests last from April through June

Seinfeld and The Simpsons make their premieres

Passed: Salvador Dali, Spanish artist; Lucille Ball, American television and film comedienne

1987

The Black Monday crash, the second largest one-day percentage (22.6%) drop in DJIA history, drags down exchanges worldwide

The U.S. Celebrates the bicentennial of the Constitution

Terry Waite, special envoy of the Archbishop of Canterbury in Lebanon, is kidnapped

The first successful heartlung transplant is performed at Stanford Hospital

Born: Maria Sharapova, Russian tennis player Passed: Andy Warhol, American artist, director and writer

1982

Janney Montgomery Scott, Inc. acquired by The Penn Mutual Life Insurance Company

The DJIA surges 43.41 points, or 4.25%, to close at 1,065.49, its first all-time high in more than nine years

61-year-old retired dentist Barney Clark becomes the first recipient of a permanent artificial heart at the University of Utah

The Falklands War between Great Britain and Argentina begins and ends

Andrew Lloyd Weber’s Cats debuts on Broadway. It would hold the record for longest running musical until 2006

Born: Ben Roethlisberger, NFL Superbowl- winning quarterback Passed: John Belushi, American television and film comedian

1978

Janney Montgomery Scott, Inc. and Hoppin, Watson Inc. merge

The Intermarket Trading System (ITS) is launched, linking the trading floors and systems of the major exchanges

The first casino on the eastern seaboard, Resorts International, opens in Atlantic City, New Jersey

John Paul II succeeds John Paul I as the first Slavic pope in history

Movies Unlimited, the first video-rental store in America, opens in Philadelphia, PA

Born: Kobe Bryant, American basketball star Passed: Norman Rockwell, American painter and illustrator

1971

Janney, Battles & E.W. Clark, Inc. and Montgomery Scott & Co. merge to become Janney Montgomery Scott Inc.

The National Association of Securities Dealers Automated Quotations system (NASDAQ) is founded

The 26th Amendment to the U.S. Constitution lowers the voting age from 21 to 18

Bangladesh officially declares its independence

Walt Disney World opens in Orlando, Florida

Born: Lance Armstrong, American cyclist and Tour de France record-holder Passed: Jim Morrison, iconic American musician

1970

Joseph L. Searles III becomes the first African- American member of the New York Stock Exchange

The U.S. Environmental Protection Agency begins operations

The Soviet Union’s Moon-roving Lunokhod 1 becomes the first remote- controlled robot to land on another world

Paul McCartney announces the disbandment of The Beatles — they release their last album Let it Be

Born: Annika Sorenstam, Swedish golf star Passed: Jimi Hendrix, American singer, songwriter and guitarist

1960

Janney, Dulles & Battles, Inc. merges with E.W. Clark & Co. and becomes Janney, Battles & E.W. Clark, Inc.

Iraq, Iran, Saudi Arabia, Kuwait and Venezuela form the Organization of Petroleum Exporting Countries (OPEC)

John F. Kennedy becomes the youngest man elected President of the United States

Francis Gary Powers is captured and put on trial after Soviets shoot down his U-2 spy plane

John F. Kennedy and Richard M. Nixon appear on the first televised presidential debate

Born: Bono, Irish singer (U2), activist and philanthropist Passed: John D. Rockefeller, American philanthropist

1956

In January, Janney & Co. acquires Wurts, Dulles & Co., becoming Janney, Dulles & Co. In December, Janney Dulles & Co. acquires Winthrop H. Battles, changing the name to Janney, Dulles & Battles, Inc.

The Dow Jones Industrial Average (DJIA) closes above 500 for the first time

The U.S. detonates the first airborne hydrogen bomb over the Bikini Atoll

The Hungarian Revolution against the Warsaw Pact and pro-Soviet government

Don Larsen of the New York Yankees pitches the first and only perfect game in World Series history

Born: Larry Bird, American basketball star Passed: Babe Didrikson Zaharias, greatest all-around female American athlete

1929

Col. Montgomery starts Montgomery Scott & Co.

The Black Thursday Stock Market Crash on the New York Stock Exchange

The Museum of Modern Art opens in New York City

The Lateran Treaty, making Vatican City a sovereign state, is ratified

The rigid airship Graf Zeppelin circumnavigates the globe in 21 days, 5 days and 31 minutes

Born: Dick Clark, American television personality Passed: Wyatt Earp, American frontiersman and lawman

1921

Montgomery Clothier & Tyler is renamed Janney & Co.; Col. Montgomery leaves the firm

With its “curb brokers” finding it increasingly difficult to trade outdoors, the American Stock Exchange (AMEX) moves indoors, occupying the building in which it still resides

The U.S. formally ends World War I

Irish War of Independence ends

Albert Einstein receives the Nobel Prize in Physics

Born: Maurice “Rocket” Richard, Canadian hockey star Passed: Enrico Caruso, Italian opera tenor

1911

Walter Janney joins Montgomery Clothier & Tyler

The U.S. Supreme Court declares Standard Oil an “unreasonable” monopoly and orders it dissolved

The Triangle Shirtwaist Factory fire in New York City claims 145 lives and leads to improved building safety standards

Roald Amundsen’s expedition reaches the South Pole

Marie Curie receives the Nobel Prize in Chemistry

Born: Ronald Reagan, screen actor and 40th U.S. President Passed: Joseph Pulitzer, Hungarian- American publishing magnate

1907

Col. Robert L. Montgomery co-founds Montgomery Clothier & Tyler in Philadelphia

Over- expansion and poor speculation lead to the Panic of 1907

The U.S. Army forms the world’s first air force

Maria Montessori opens her first school and day-care center in Rome

The first film version of Ben-Hur receives its theatrical release

Born: John Wayne, American screen actor Passed: Edvard Grieg, Romantic Norwegian composer

1904

Wurts, Dulles & Co. established

Henry Royce and C.S. Rolls form Rolls-Royce

The world’s first subway, the IRT, opens in New York City (The fare? Five cents)

The Russo- Japanese War begins

Giocamo Puccini’s Madama Butterfly makes its underwhelming debut at La Scala in Milan

Born: Robert Oppenheimer, American physicist and director of the Manhattan Project Passed: Antonin Dvorak, Romantic Czech composer

1898

The Chicago Mercantile Exchange is founded as the Chicago Butter and Egg Board

The Treaty of Paris ends the Spanish- American War

The Philippines declares its independence from Spain

H.G. Wells’ War of the Worlds is published

Born: George Gershwin, American jazz, classical and popular composer Passed: Lewis Carroll, British author of Alice’s Adventures in Wonderland

1891

The Association of Stockbrokers, later renamed the Hong Kong Stock Exchange, begins formal operations

The Music Hall in New York, later renamed Carnegie Hall, opens with Peter Ilych Tchaikovsky as guest conductor

Queen Lili’uokolani ascends to the throne as the last monarch of Hawaii

Thomas Edison exhibits a prototype of his kinetoscope at his laboratory

Born: David Sarnoff, Russianborn broadcasting pioneer Passed: P.T. Barnum, American showman and founder of Ringling Brothers & Barnum and Bailey Circus

1890

Battles & Co. is founded

Bolsa de Valores de São Paulo (BOVESPA), the largest stock exchange in Latin America, opens

Wounded Knee becomes the last armed conflict between the Lakota Sioux and the United States

The longest bridge in Britain, Scotland’s Forth Bridge, opens

Cy Young pitches his first professional baseball game

Born: Groucho Marx, American stage and screen comedian Passed: Vincent van Gogh, Dutch Post- Impressionist artist

1837

E.W. Clark & Co. is established

Deere & Co. is founded by journeyman blacksmith John Deere

The City of Chicago is incorporated

Queen Victoria ascends to the British throne

Samuel Morse patents the teletype

Born: J.P. Morgan, American financier, banker and philanthropist Passed: Alexander Pushkin, founder of modern Russian literature

1832

Lawrence Turnure & Co. is formed— later merges with T.L. Watson & Co. to become Hoppin, Watson, Inc.; Thomas Watson purchases seat on the NYSE

The Bank of Nova Scotia, Canada’s second oldest chartered bank, is founded

The first Democratic National Convention is held in Baltimore, MD

Greece is recognized as a sovereign nation

The Houghton Mifflin publishing house is founded in Boston, Mass.

Born: Louisa May Alcott, American author of Little Women Passed: Sir Walter Scott, Scottish novelist and poet

1792

The New York Stock Exchange (NYSE) is founded with the signing of the Buttonwood Agreement

George Washington signs the Postal Service Act, establishing the U.S. Post Office

Revolutionaries imprison the French royalty, ushering in the French Republican Era

In Pittsburgh, PA, George Anschutz constructs the first blast furnace

Born: Percy Bysshe Shelley, English Romantic poet Passed: John Paul Jones, American Revolutionary War hero

1790

The Philadelphia Stock Exchange is founded

The U.S. Supreme Court convenes for the first time in New York City

H.M.S. Bounty mutineers settle on Pitcairn Island

John Barry’s Philadelphia Spelling Book becomes the first book copyrighted in the U.S.

Born: Jean- Francoise Champollion, French father of Egyptology Passed: Benjamin Franklin, American statesman, inventor and philosopher