Many of the everyday details in The Work of the Stock Market told in between the history facts are often just as interesting as the history itself. Case in point, if you read the history of time zones, it seemed like the standardization was complete in the U.S. and Europe by the end of the 1800s. Yet in 1922…
The difference in time between London and New York is four minutes and one second less than five hours.
I have enough trouble with the time zone I live in. I can’t imagine adding the complexity of other cities differing by odd numbers of minutes too. Thank you to the railroads for simplifying that complexity.
