This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

July Fourth in New York City Means Two Things: Fireworks and Hot Dog Eating Contests

7/01/15 1:59 PM EDT
Although Independence Day may be a federal holiday commemorating the adoption and signing of the Declaration of Independence on July 4th, 1776 that declared independence of the thirteen American colonies from Great Britain’s rule, the holiday has some seemingly unrelated associations that have become American traditions. The Macy’s July 4th fireworks display started in 1976. The fireworks display is estimated to cost around $6 million this year and launch 40,000 different pyrotechnic shells at an impressive rate of 1,600 shells per minute. In 1916, Nathan’s Famous began the annual July 4th hotdog eating contest the same year that the hot dog stand was founded on New York’s Coney Island. Polish immigrant Nathan Handwerker started selling hotdogs for a nickel, which was the price of a Nathan’s famous hotdog up through 1940, however the current cost of a Nathan’s hotdog is currently priced at $3.58. The original Nathan’s Famous hotdog stand still stands in its original location. The record for the most hotdogs eaten in the ten minute contest is held by Joey Chestnut of California, who ate 69 hotdogs in the 2014 competition.
Stocks in this video: NATH
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
Top Rated Stocks Top Rated Funds Top Rated ETFs