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On August 11, 1857, N. H. Wolfe and Company, the oldest flour and grain company in New York City, failed. This failure shook investor confidence and began a slow selloff in the market which continued into late August. Several other failures followed, and this cascaded into what was later called the Panic of 1857. — In honor of gun designer James Paris Lee’s birthday, we are running a two-week sale at Elk Creek Company. I’ve set sales prices with discounts from 5% to 25% on nearly all of our inventory. Get your order in soon, while the selection of antique …

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