The Buttonwood Agreement

[Jim Eshelman]

One of the most important founding U.S. financial documents was the Buttonwood Agreement, which is generally regarded as the founding document of the New York Stock Exchange. It was signed May 17, 1792 by 24 brokers who commonly met under a buttonwood (sycamore) tree in front of 68 Wall Street. That tree (which continued to stand until the 1860s) was at 40N42'21'' 74W00'31'. There is significant doubt as to whether the signing occurred under the tree - 24 participants were too many to fit under it - and likely was at a nearby hotel where they had convened in secret. (All locations in the neighborhood are the same minute of longitude and latitude, so I might as well use the exact coordinates of the tree.)

The immediate motivation for the agreement was the recently resolved Panic of 1792, which is a separate story, except that solar ingresses for the founding also would have covered the March-to-April panic. https://en.wikipedia.org/wiki/Panic_of_1792

Some astrologers claim the signing of the agreement occurred at 7:52 AM (which was mid-morning with the sun already high in the sky). Whether this is so doesn't matter to the current study, which is to see if the event shows as a mundane event for the region. I'll use this as a working time. (7:52 AM LMT, if the actual time, would have been expressed in 1792 as 7:56 AM LAT. The time, if actually from a record, might have been stated as the even hour 8 AM LAT, or "just before 8," or some such thing; but I can find no actual record or report.)

Year: Capsolar {+3}
(Wow! Look at those angularities! And what could have been better for meeting and signing an agreement to organize the commoditization of speculation?! - Add Eris 1°09' from ICV with Sun, Mercury, and Neptune aspecting Eris.)
Mercury on IC 0°12'
Neptune on Asc 0°14'
Jupiter on Asc 0°22'
-- Jupiter-Neptune co 0°03'
-- Mercury-Neptune 0°26' M
-- Mercury-Jupiter sq 0°34' M
Moon-Pluto op 1°53' M

Bridge {-3}
(Entirely inappropriate symbolism. It would have fit the panic that had just ended, but not this event at all. Many of these indicators were in fact part of the March-April panic, but not the Saturn transit that began as the panic was brought under control.)
t Pluto sq Capsolar Moon 3/29-7/19
t Neptune co Capsolar Asc 4/4-11/26
t Neptune op Cansolar MC 9/16-7/14
CanQ Moon-Saturn sq 4/30-6/20
t Saturn co Cansolar MC 5/15-6/24
Event window: May 15 to Jun 20

Quarter: Arisolar {0?}
Pluto on IC 1°08'
Uranus widely angular
-- Mercury-Uranus sq 2°44' M

Month: Caplunar (Dormant.) Moon-Venus 4', Moon-Jupiter, Moon-Saturn, Moon-Neptune
(For a dormant return, the Moon aspects make it incredibly fitting anyway.)

Week: Liblunar {+2}
Sun on Dsc 2°23'
Mercury, Uranus, and Pluto widely angular
-- Sun-Uranus sq 0°10'
-- Sun-Pluto sq 2°37' M
Moon-Venus op 1°42'
Moon-Jupiter co 2°23'
Moon-Saturn op 3°02'

Day: Capsolar Quotidian & Transits {+2}
t Neptune co s Asc 1°07'
t Venus sq s MC 1°15'
t Pluto sq s Moon 0°23'
t Mercury sq s Moon 0°04'
------------------------------
p Asc co p Moon 0°07', sq t Sun 1°07'
-- t Sun sq p Moon 1°00'

Day: Cansolar Quotidian & Transits {-3}
t Neptune op s MC 0°27'
t Saturn co s MC 1°47'
----------------------------
p Moon-Saturn sq 0°21'
p MC sq t Sun 1°03'
p Asc co p Mars 0°00'
t Moon sq p Moon 0°18'

[SteveS]

Jim, that Capsolar is unbelievable!!! I am floored!!!

[SteveS]

In late December 1791, the price of securities began to increase once again, and the eventual crash in March 1792 caused many investors to panic and withdraw their money from the Bank of the United States.

Mundo Wall Street 1792 Capsolar:
https://ibb.co/rF25Cgz

So Jim, if I understand, the May 17 1792 NYSE was created because of the March 1792 Panic??? And I am sure you noticed 1792 Capsolar Eris for the “chaotic” event of the March 1792 Panic? Ebertin says the # 1 signature for speculation is Jupiter-Neptune and OMG look at that “outstanding incident” Jup-Nep on Capsolar ASC. Being a market kind of guy---this 1792 Capsolar has now become my # 1 Capsolar of all time I have studied, it blows my mind!!! Thanks for bringing this Capsolar to my attention.

[Jim Eshelman]

So Jim, if I understand, the May 17 1792 NYSE was created because of the March 1792 Panic??? And I am sure you noticed 1792 Capsolar Eris for the “chaotic” event of the March 1792 Panic?

Yes, I mentioned it above.

Ebertin says the # 1 signature for speculation is Jupiter-Neptune and OMG look at that “outstanding incident” Jup-Nep on Capsolar ASC.

All tied into Mercury for writing and signing a written agreement and (Mercury-Jupiter:) for furthering mutual business interests. Mercury-Neptune is less obvious, although it seems to merge into the rest quite nicely (and may have contributed to the psychological tone of the panic.)

[Jim Eshelman]

Based on studying a Buttonwood Agreement chart with solar arcs and transits for dates of the worst U.S. financial crises, I have concluded the correct time is very likely 8:00 AM LAT, i.e., 12:52:05 UT.

Of note concerning next year in particular:

Transiting Neptune first entered partile orb of conjunct this chart's MC April 29, 2023 and will last leave partile orb February 23, 2025. This timing is fortunate because it misses a certain possible transiting train wreck. I should mention, though, that - if we take exactly 8:00 AM LAT - it has exactly crossed (or will cross) natal MC on these dates:

Jun 26 2023
Jul 4 2023
Mar 26 2024
Oct 22 2024
Jan 21 2025

I bring this up because transiting Saturn will first enter partile orb of conjunct this MC on April 20, 2025 - after Neptune is done with it. Saturn and Neptune do not overlap. Nonetheless, their individual transits may be important. Saturn last leaves partile orb of MC February 1, 2026. It will make exact crossings on these dates:

Apr 29 2025
Oct 1 2025
Jan 21 2026

[SteveS]

I hear you Jim.

[Profit]

Jim

I have concluded the correct time is very likely 8:00 AM LAT, i.e., 12:52:05 UT.

What do you show for the MC and ASC?

Thanks

[Jim Eshelman]

I'd have to get back to a computer with astrology software, which will be about a week. I have no idea. I probably didn't even keep a copy of this chart so I'd just have to recalculate it (which anyone can do in my absence).

Gathering data from earlier in the thread: May 17, 1792, 8:00 AM LAT (12:52:05 UT), 40N42'21" 74W00'31"

LATER. I pulled it up on my phone. MC 2 Pi 37, Asc 22 Ge 51.

[Profit]

Jim...

Thanks for the info...
I think you are on to something. Forever, I have utilized the 8:52 AM time with what I thought was 'on the money'. I utilized EST thinking it 'easy' to monitor market activity through transits. I was happy with that process up until this Friday Oct. 4th. On that day at 8:30 Am on Wall Street the Non-Farm Payroll, Unemployment rate and Average Hourly earnings were announced. The Moon was conjunct the ASC square to Pluto and Sesquisquare to Saturn. The Sun was Sesquisquare Uranus and Jupiter was Semisquare the MC.

The Markets were blown away with positive news and skyrocketed to new highs.

When you get back to your computer with astro software compare this event with your Buttonwood chart and with the Mary Boyd Buttonwood Chart. Very Interesting!

It was quite a few years ago when I was evaluating the Buttonwood Chart that I looked at 7:52 AM EST and thought it very viable but couldn't pull myself from the longitudinal perspective I 'enjoyed' seeing in the 8:52 EST.

Thanks...

[Profit]

Hate to admit it....

I miscalculated the chart for Oct 4th to be for EST when it was in reality EDT.

This led me to think that your time of 8 AM to be correct. What I managed to do in the process was confirm to myself the 8:52 AM EST time for the Buttonwood Agreement. I welcome being proved to be in error.

Much to delineate...