Blackout disrupts New York trading as power fails
In New York the power outage across lower Manhattan halted computers and trading in the financial district. Exchanges aimed to reopen by 10 a.m. EDT while Chase Manhattan and the Fed faced communication and transfer delays. Trading floor workers described the scene as lights failed, elevators stopped, and emergency lighting scarce.
MENTIONED IN THIS ARTICLE
NEW York
Victor Ricciardelli
American Stock Exchange
Lower Manhattan
Financial World
Robert Balme
New York Stock Exchange
Federal Reserve Bank of New York
Fed
Richard Hoenig
Hoenig
Outage Shows Best and Worst of New York Neighbors
New York City faced a massive power outage sending tens of thousands home from lower Manhattan. On Wall Street workers formed lines for taxis and transit as bars closed and vendors kept wagons open. A nurse in training helped others while bystanders offered water and odd acts of kindness amid the chaos. Some motorists vented frustration while others reassessed priorities and city life under candlelight and stranded payphones.
MENTIONED IN THIS ARTICLE
New York
Lower Manhattan
New
Karen Merris
Jay Blum
Kevin Barry
Stanley Morris
Three Montiel children die in Sterling house fire
Alfredo Montiel pleaded with Commonwealth Edison to keep power on while his family faced a past due bill. The lights went off and a candle overturned, killing sons Anthony 5 Fabian 3 and Matthew 4 months. Diana Montiel was hospitalized with burns as Christina 8 and Alex 2 escaped.
MENTIONED IN THIS ARTICLE
Sterling, Ill
Alfredo Montiel
Whiteside
James Grennan
Montiel
Grennan
Commonwealth Edison
Edison
Don Lindvall
ICC
Illinois Commerce Commission
Don Brown
Illinois Fire Marshal's Office
Montiels
Diana
Anthony
Fabian
Matthew
Christina
Alex
Also Mentioned on This Page
Failure Straps Finance District
Chase Manhattan Corp
Chase Manhattan Bank
Ivy Blunt
Bank
Fraser Seitel
Smitty’s
Manhattan
Stock Exchange
University
Calcutta
Hunter
Midland Park
Butte
Knit
John Roberts
Nassau
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