MAR 18~ HISTORY

I know, History a day late ~ so here we are MAR 18.....

 

     March 18, 1852 Wells and Fargo start shipping and banking company

On this day in 1852, in New York City, Henry Wells and William G. Fargo join with several other investors to launch their namesake business.

The discovery of gold in California in 1849 prompted a huge spike in the demand for cross-country shipping. Wells and Fargo decided to take advantage of these great opportunities. In July 1852, their company shipped its first loads of freight from the East Coast to mining camps scattered around northern California. The company contracted with independent stagecoach companies to provide the fastest possible transportation and delivery of gold dust, important documents and other valuable freight. It also served as a bank--buying gold dust, selling paper bank drafts and providing loans to help fuel California's growing economy.

Tuesday, March 18, 2008   PENNY LANE DAY The Beatles went gold this day in 1967 -- receiving a gold record for the hit single, Penny Lane. This was not an unusual event for The Beatles. However, the recording of Penny Lane has left us with some interesting trivia. According to Paul McCartney, Penny Lane is a bus roundabout in Liverpool; and there is a barber’s shop showing photographs of every head he’s had the pleasure to know -- no that’s not true, they’re just photos of hairstyles, but all the people who come and go stop and say hello. “It’s part fact, part nostalgia for a place which is a great place, blue suburban skies as we remember it, and it’s still there.” There were at least two different endings to the song. Radio stations were furnished with a 45 rpm version that featured a trumpet solo of seven notes, sustaining on the final note into Ringo’s cymbal conclusion. Record buyers, on the other hand, heard the words “Penny Lane” at the end of the song, which then went into a sustaining note under Ringo’s cymbal. There was no trumpet fanfare. The ‘B’ side of gold record was the popular Strawberry Fields Forever.

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