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EARLY CENTURY / MID CENTURY
SILVERPLATE HOLLOWARE
ADVERTISMENT / ADVERTISING
"THE GOLDMAN"
(SUSPECTED DINER / LUNCH COUNTER OF THE GOLDMAN SACHS BUILDING)
ORNATE FLORAL PATTERN
SAID TO BE A FRUIT SPOON OR DESSERT
MANUFACTURED BY 1835 R. WALLACE AI
CONDITION IS USED IN GOOD > VG+



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FYI

 

A diner is a small, inexpensive restaurant found across the United States and Canada, as well as parts of Western Europe. Diners offer a wide range of foods, mostly American cuisine, a casual atmosphere, and, characteristically, a combination of booths served by a waitstaff and a long sit-down counter with direct service, in the smallest simply by a cook. Many diners have extended hours, and some along highways and areas with significant shift work stay open for 24 hours.

Considered quintessentially American,many diners share an archetypal exterior form. Some of the earliest were converted rail dining cars, retaining their streamlined structure and interior fittings. From the 1920s to the 1940s, diners, by then commonly known as "lunch cars", were usually prefabricated in factories, like modern mobile homes, and delivered on site with only the utilities needing to be connected. As a result, many early diners were typically small and narrow to fit onto a rail car or truck. This small footprint also allowed them to be fitted into tiny and relatively inexpensive lots that otherwise were unable to support a larger enterprise. Diners were historically small businesses operated by the owner, with some presence of restaurant chains evolving over time.

Diners typically serve staples of American cuisine such as hamburgers, french fries, club sandwiches, and other simple, quickly cooked, and inexpensive fare, such as meatloaf or steak. Much of the food is grilled, as early diners were based around a gas-fueled flattop grill. Coffee is a diner staple. Diners often serve milkshakes and desserts such as pies, cake or ice cream. Comfort food cuisine draws heavily from, and is deeply rooted in, traditional diner fare. Along with greasy spoon menu items, many diners will serve regional cuisine as well, such as clam chowder in New England and tacos in California.

Classic American diners often have an exterior layer of stainless steel siding—a feature unique to diner architecture. In some cases, diners share nostalgic, retro-style features also found in some restored drive-ins and old movie theatres.

History
A crude precursor of the diner was created in 1872 by Walter Scott, who sold food out of a horse-pulled wagon to employees of the Providence Journal, in Providence, Rhode Island. Scott's diner can be considered the first diner with walk-up service, as it had windows on each side of the wagon.[citation needed] Commercial production of such "lunch wagons" began in Worcester, Massachusetts, in 1887, by Thomas Buckley. Buckley was successful and became known for his "White House Cafe" wagons. Charles Palmer received the first patent (1893) for the diner, which he billed as a "Night-Lunch Wagon." He built his "fancy night cafes" and "night lunch wagons" in the Worcester area until 1901.

Many diners serve casual inexpensive food, such as hamburgers, french fries, club sandwiches, and other simple fare, with menus resembling those from greasy spoon-style restaurants.. Much of the food is grilled, as early diners were based around a grill. There is often an emphasis on breakfast foods such as eggs (including omelets), waffles, pancakes, and French toast. Some diners serve these "breakfast foods" throughout the business day and others that focus on breakfast may close in the early afternoon. These are most commonly known as pancake houses. Coffee is ubiquitous at diners. Many diners do not serve alcoholic drinks, although some may serve beer and inexpensive wine, while others—particularly in New Jersey and on Long Island[citation needed]—carry a full drink menu, including mixed drinks. Many diners serve hand-blended milkshakes.

There is regional variation among diners with traditional food. In the U.S., Michigan and the Ohio Valley at "Coney Island–style" restaurants, coney dogs are served, as are certain types of Greek cuisine like gyros influenced by Greek diner owners. In Indiana and Iowa, pork tenderloin sandwiches are often on the menu. The Northeast has more of a focus on seafood[citation needed], with fried clams and fried shrimp commonly found in Maine and cheesesteak sandwiches and scrapple in Pennsylvania. Diners in the Southwest U.S. may serve tamales. In the southern U.S., typical breakfast dishes include grits, biscuits and gravy, and soul food such as fried chicken and collard greens. In New Jersey, the "Taylor Ham, Egg, and Cheese Sandwich" is a feature of many diners. Many diners have transparent display cases in or behind the counter for the desserts. It is common with new diners to have the desserts displayed in rotating pie cases. Typical desserts include a variety of pies and cheesecake.

Diners attract a wide spectrum of the local populations, and are generally small businesses. From the mid-twentieth century onwards, they have been seen as quintessentially American, reflecting the perceived cultural diversity and egalitarian nature of the country at large. Throughout much of the 20th century, diners, mostly in the Northeast, were often owned and operated by Greek-American immigrant families. The presence of Greek casual food, like gyros and souvlaki, on several northeastern diners' menus, testifies to this cultural link.

Diners frequently stay open 24 hours a day, especially in cities, and were once the most widespread 24-hour public establishments in the U.S., making them an essential part of urban culture, alongside bars and nightclubs; these two segments of nighttime urban culture often find themselves intertwined, as many diners get a good deal of late-night business from persons departing drinking establishments. Many diners were also historically placed near factories which operated 24 hours a day, with night shift workers providing a key part of the customer base. For this reason, diners sometimes served as symbols of loneliness and isolation. Edward Hopper's iconic 1942 painting Nighthawks depicts a diner and its occupants, late at night. The diner in the painting is based on a real location in Greenwich Village, but was chosen in part because diners were anonymous slices of Americana, meaning that the scene could have been taken from any city in the country-and also because a diner was a place to which isolated individuals, awake long after bedtime, would naturally be drawn. The spread of the diner meant that by 1942 it was possible for Hopper to cast this institution in a role for which, fifteen years earlier, he had used an Automat all-night restaurant. The diner as an institution in this painting is a vignette mimicked by a movie lead-in aired nightly on the Turner Classic Movie Channel.
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The Goldman Sachs Group, Inc. (/saks/ SAKS) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many international financial centers. Goldman Sachs is the second largest investment bank in the world by revenue and is ranked 55th on the Fortune 500 list of the largest United States corporations by total revenue. It is considered a systemically important financial institution by the Financial Stability Board.

Goldman Sachs offers services in investment banking (advisory for mergers and acquisitions and restructuring), securities underwriting, prime brokerage, asset management as well as wealth management and investment management via Goldman Sachs Personal Financial Management. It is a market maker for many types of financial products and provides clearing and custodian bank services. It operates private-equity funds and hedge funds. It structures complex and tailor-made financial products. It also owns Goldman Sachs Bank USA, a direct bank. It trades both on behalf of its clients (flow trading) and for its own account (proprietary trading). The company invests in and arranges financing for startups, and in many cases gets additional business as bookrunner when the companies launch initial public offerings.[4] It is one of over 100 strategic partners of the World Economic Forum.

History
In 1869, Goldman Sachs was founded by Marcus Goldman in New York City in a one-room basement office next to a coal chute. In 1882, Goldman's son-in-law Samuel Sachs joined the firm. In 1885, Goldman's son, Henry Goldman, and his son-in-law, Ludwig Dreyfuss, joined the business and the firm adopted its present name, Goldman Sachs & Co. The company pioneered the use of commercial paper for entrepreneurs and joined the New York Stock Exchange (NYSE) in 1896. By 1898, the firm's capital stood at $1.6 million. It opened offices in Boston and Chicago in 1900, San Francisco in 1918, and Philadelphia and St. Louis in 1920.

Goldman entered the initial public offering market in 1906 when it took Sears, Roebuck and Company public. The deal was facilitated by Henry Goldman's personal friendship with Julius Rosenwald, an owner of Sears. Other underwriting work for initial public offerings followed, including those of General Cigar Company also in 1906, F. W. Woolworth Company in 1912, and Continental Can. The firm was an innovator at establishing the price–earnings ratio, instead of book value, as a method for valuing companies, and was therefore able to raise funds for retailers and companies with few hard assets.

In 1912, Henry S. Bowers became the first non-member of the founding family to become a partner of the company and share in its profits.

In 1917, under growing pressure from the other partners in the firm due to his pro-German stance, Henry Goldman resigned. The Sachs family gained full control of the firm until Waddill Catchings joined the company in 1918. By 1928, Catchings was the Goldman partner with the single largest stake in the firm. In 1919, the company acquired a major interest in Merck & Co. and in 1922, it acquired a major interest in General Foods.

On December 4, 1928, the firm launched the Goldman Sachs Trading Corp.Ad, a closed-end fund.[14] The fund failed during the Wall Street Crash of 1929, amid accusations that Goldman had engaged in share price manipulation and insider trading.
 
 

 

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