New York City the city is home to the world's two largest stock exchanges by total market capitalization, the New York Stock Exchange and NASDAQ. In 1664, the city was named in honor of the Duke of York, who would become King James II of England. James's older brother, King Charles II, had appointed the Duke proprietor of the former territory of New Netherland, including the city of New Amsterdam, which England had recently seized from the Dutch. During the Wisconsinan glaciation, 75,000 to 11,000 years ago, the New York City region was situated at the edge of a large ice sheet over
German Society of the City of New York that in Germany, too, the nature and the dangers of emigration were clarified. In addition, the German Society informed the German-Americans in New York about important bureaucratic features of the New World. From 1837 to 1841, John Jacob Astor was the president of the company and donated her $ 5,000 annually. In his testament he left her another $ 20,000. This money should be invested and used to run a permanent office in New York. German Society of the City of New York The German Society of the City of New York was established in 1784, and was concerned with