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Last hurricane to shut New York stock exchange hit in 1985: How the Guardian reported the storm New York Stock Exchange closed by weather for first time since 1985
(35 minutes later)
New York's stock exchanges will close today, and possibly tomorrow, due to Hurricane Sandy inching up the east coast of America.New York's stock exchanges will close today, and possibly tomorrow, due to Hurricane Sandy inching up the east coast of America.
The shutdown makes it the first time in 27 years that the trading floors have remained shut for the entire day due to weather conditions, since Hurricane Gloria hit the city in 1985.The shutdown makes it the first time in 27 years that the trading floors have remained shut for the entire day due to weather conditions, since Hurricane Gloria hit the city in 1985.
As you would expect, the Guardian reported on the storm, which made the front page.As you would expect, the Guardian reported on the storm, which made the front page.
Here is what Jane Rosen and Mark Tran reported on September 28th 1985:Here is what Jane Rosen and Mark Tran reported on September 28th 1985:
Some 300,000 Americans fled coastal areas as Hurricane Gloria pounded the Eastern Seaboard yesterday. The onset of what was described as 'the storm of the century' virtually shut down New York, although in the event Gloria barely touched the city and blew itself out in Connecticut.
Some 300,000 Americans fled coastal areas as Hurricane Gloria pounded the Eastern Seaboard yesterday. The onset of what was described as 'the storm of the century' virtually shut down New York, although in the event Gloria barely touched the city and blew itself out in Connecticut.
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/>Five deaths were blamed on the storm. Two motorists died in accidents in Connecticut, two were people killed by falling trees in New York State and Rhonde Island, and another died after touching a live power line in New Jersey.
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/>In Atlantic City, New Jersey, the casinos closed for the first time. In New York the stock exchanges closed, and the World Trade Centre, which was swaying under the force of the winds, was also shut down. The torch of the Statue of Liberty, which had been sitting outside a workshop at the statue's base, awaiting repairs, was moved indoors.
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/>King Hussein of Jordan, General Jaruzelski of Poland, President Nyerere of Tanzania and a dozen other superstars addressed the General Assembly yesterday, but the great hall at the UN was half-empty. Dire warnings about the hurricane persuaded many diplomats to stay at home.
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/>Radio bulletins warned New Yorkers not to go out unless they had to, and not to drive. The streets were empty and most shops were closed, with their plate glass windows pasted with streamers or tape to prevent shattering.
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/>New York's Mayor, Mr Edward Koch, had urged residents of Staten Island and Coney Island to evacuate to higher ground, and 15 shelters were set up, but Gloria gave New York City a miss, pummelling the outer shore along the east coast and then smashing into the eastern end of Long Island and New England. Power lines were damaged half Long Island was without electricity last night.
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/>Radio and television stations dropped their regular programmes to issue warnings and advice which included, 'Stay away from grandfather clocks which could start rocking and fall.'
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/>The commuter rail service from New York to its Connecticut suburbs was suspended as trees and power lines piled up on tracks, and flights at the major east coast airports, including Washington's National Airport and Kennedy Airport, New York, were cancelled.
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/>The only parts seriously damaged were the expensive and chic coast communities in the Hamptons and along the Connecticut shore.
Five deaths were blamed on the storm. Two motorists died in accidents in Connecticut, two were people killed by falling trees in New York State and Rhonde Island, and another died after touching a live power line in New Jersey.

In Atlantic City, New Jersey, the casinos closed for the first time. In New York the stock exchanges closed, and the World Trade Centre, which was swaying under the force of the winds, was also shut down. The torch of the Statue of Liberty, which had been sitting outside a workshop at the statue's base, awaiting repairs, was moved indoors.
King Hussein of Jordan, General Jaruzelski of Poland, President Nyerere of Tanzania and a dozen other superstars addressed the General Assembly yesterday, but the great hall at the UN was half-empty. Dire warnings about the hurricane persuaded many diplomats to stay at home.
Radio bulletins warned New Yorkers not to go out unless they had to, and not to drive. The streets were empty and most shops were closed, with their plate glass windows pasted with streamers or tape to prevent shattering.
New York's Mayor, Mr Edward Koch, had urged residents of Staten Island and Coney Island to evacuate to higher ground, and 15 shelters were set up, but Gloria gave New York City a miss, pummelling the outer shore along the east coast and then smashing into the eastern end of Long Island and New England. Power lines were damaged half Long Island was without electricity last night.
Radio and television stations dropped their regular programmes to issue warnings and advice which included, 'Stay away from grandfather clocks which could start rocking and fall.'
The commuter rail service from New York to its Connecticut suburbs was suspended as trees and power lines piled up on tracks, and flights at the major east coast airports, including Washington's National Airport and Kennedy Airport, New York, were cancelled.
The only parts seriously damaged were the expensive and chic coast communities in the Hamptons and along the Connecticut shore.