218 - Vintage 1962 New Orleans Press Photo – Investors at Merrill Lynch Brokerage Office During Market Slump.

Vintage 1962 New Orleans Press Photo – Investors at Merrill Lynch Brokerage Office During Market Slump. Original vintage black-and-white gelatin silver press photograph capturing a compelling, high-angle interior view of an investor gallery inside a brokerage office, dated May 29, 1962 [image_pTamS-.png]. The scene frames a quiet, somber row of men and women in mid-century suits and hats seated at desks, their attention intently fixed upon the massive mechanical electric quote board overhead tracking market tickers beneath the bold corporate branding of "MERRILL LYNCE PIERCE FEN[NER & SMITH]" . The reverse of the photograph features an attached newspaper caption slug that documents the immediate financial drama: "INTERESTED INVESTORS STUDY movement of stock prices on electric board at New Orleans office of Merrill, Lynch, Pierce, Fenner & Smith, Inc., this morning after yesterday's near record slump. Many were encouraged as the market put on a rally today. (See story on Page 3.) —States-Item photo." [image_pTamS-.png] The back is heavily marked with authentic newsroom provenance, including a handwritten newspaper article clipping headlined "N.O. Brokers Believe Stocks Were Too High", a purple ink archive stamp reading "MAY 29 1962", and grease pencil production annotations (4 Cols x 4 1/4" / ORLEANS / STATES-ITEM RED FLASH) . This fascinating image captures the immediate local response to the infamous "Flash Crash of 1962" (also known as the Kennedy Slide), a major systemic market drop that occurred on Monday, May 28, 1962, when the Dow Jones Industrial Average collapsed by 34.95 points in a single day—ranking at that time as the second-largest point decline in Wall Street history, exceeded only by the Crash of October 29, 1929. An extraordinary financial Americana cross-section capturing early corporate brokerage infrastructure and mid-century investor culture. The print is preserved in excellent, authentic newsroom repository condition with crisp contrast and full border margins. Medium: Original vintage silver gelatin press photograph Provenance: From the inventories of Artelisted. Note on Dimensions: Media press photos measure mainly 10" x 8" and/or 7" x 9". Some minor size variances can occur due to the normal historical manipulation process. THIS IS A RESERVE AUCTION, and the final price will include a Buyer’s Premium. Please, view our full terms and conditions. ARTELISTED IS LICENSED IN THE US STATES OF FLORIDA AND TEXAS. All the items purchased through Artelisted must be shipped. We no longer offer or accept local pick-ups for any sold lots. The shipment will be made directly by Artelisted. Shipping insurance is the responsibility of the buyer. Ask us if you want to add insurance cost. Note that if there is loss or damage due to bad handling by the transporter, this loss will be assumed only by the buyer. We mainly ship via USPS Ground Advantage, UPS and Fedex International. If you do not pay during the 48 hrs after the end of the event, your credit card on file will be charged 2 days after the auction. All items must be paid in full within five (5) days of the sale date. Any lots remaining unpaid after the 5-day period will be considered and reported in default. The unpaid items may be re-sold at Artelisted sole discretion and without further notice to the original bidder. Items returned to our facility after shipping (for any reason, including undeliverable addresses or refused delivery) will be held for a maximum of thirty (30) days. To have a returned item shipped again, the buyer must pay all new shipping and handling fees. If re-shipping fees are not paid within the 30-day holding period, the items will be considered forfeited. In such cases, no refunds will be issued, and the items may be re-sold at the auction house's discretion. We have included quality images showing its current condition. Do not hesitate to contact us if you have any questions.