Author Archive for Now You Know Books

From the archive: The Origin of shares and “stock”

Ever wonder about shares in a company?  With the stock market fluctuating so unpredictably throughout 2007 and into 2008, let us pose a simple question and maybe even dive back in time:

Photograph by Helico

Photograph of the New York Stock Exchange by Helico

Q: Why are shares in a company called “stock”?

A: The modern concept of sharing capital ownership was initiated by the Dutch East India Company in 1612, which raised money by selling pieces of the business to the public.  This process gave the Dutch East India Company the ability to grow and share its profits with its “shareholders.”  The original meaning of the word “stock” was the trunk of a tree.  Like that trunk, stock in a corporation supplies the necessities of life to the branches.  This nourishment to any size company is cash.

Stocks and shares are the same thing.  Stock refers to an overall ownership in one or more companies within a portfolio.  Shares signify ownership of one specific individual company.

Today a “stock market” is a place where securities are bought and sold, but the first one in London, England, was a fourteenth-century fish-and-meat market and was so called because it was built on a site formerly occupied by the stocks used for corporal punishment.

Mere Genius?

Are you a trivial pursuit geek, a general know-it-all, or a mere genius by chance?  Maybe all three combined?  We’re putting together quizzes for you to test your knowledge (or superhuman abilities) and show off to your friends!  Check out the Quiz Yourself page for a new quiz (with more coming soon!).

From the archive: Ketchup and Fries

Let us dive into the wonderful world of food and what better way to sit back and enjoy a lunch with fries and ketchup than to ponder about the origins of this popular side dish and condiment.  But before you ponder away, let us give you some facts:

Q:  If it wasn’t the French, then who invented french fries?

A:  The Belgians are crazy about french fries; as a matter of fact, fries are their national dish, and they’ve been eating them with buckets of mussels since the mid-1800s.  The French also claim inventing fries, because to “french” any food means to cut it very thin.  The problem is that the Belgian claim predates the French technique by about fifty years.  Usually this discussion ignores the fact that 40 percent of Belgians speak French, so they can take the credit.

The largest producer of french fries in the world is McCain Foods Limited, a Canadian company in Florenceville, New Brunswick.  McCain has thirty potato processing plants on six continents around the
world.

Ketchup and Fries by rick

Photography by rick

and on to one of our favourite condiments…

Q:  What’s the origin of ketchup?

A:  In the 1690s the Chinese mixed together a tasty concoction of pickled fish and spices and called it ke-tsiap.  By the early 1700s, the table sauce had made it to Malaysia, where it was discovered by British explorers, and by 1740, it had become an English staple. Fifty years later, North Americans added tomatoes to the Chinese recipe, and ketchup as we now know it had arrived.  Tomatoes were considered poisonous for most of the eighteenth century because they’re a close relative to the toxic belladonna and nightshade plants.

From the archive: Brrrr! — The Pole of Cold

With all the crazy temperature changes across North America, you’ve got to wonder where the real cold spot is since we’ve definitely received our share of an odd blend of cold and warm temperatures here in Canada …

north pole expedition by PodKnox

Photograph from Alaska by Podknox

Q:  Where is the “Pole of Cold”?

A:  The arctic is not all that cold.  Temperatures at the North Pole average -24 degrees Fahrenheit (-31 degrees Celsius) in the wintertime and get up to 32 degrees Fahrenheit (0 degrees Celsius) during the summer.  The real cold spot north of the equator is Russia’s “Pole of Cold,” south of the Arctic Circle in Siberia.

Two towns in this area fight to be considered the world’s coldest permanently inhabited communities. Verkhoyansk, population 1,500, has official recognition with a temperature of -93.6 degrees Fahrenheit (-69.8 degrees Celsius).  Oymyakon, a town of 800, created by the Soviet Government to encourage nomadic reindeer herders in the northern Siberia to modernize, claims a reading of -96.2 degrees Fahrenheit (-71.2 degrees Celsius), using methods that did not meet official standards.

The Origin of “bite the dust”

photo by alaskan dude

Photograph by Alaskan Dude

Q:  Where did the expression “bite the dust” come from?

A:  We probably all heard “bite the dust” for the first time while watching an old Western B movie when a cowboy hero does away with a pesky varmint to impress the schoolmarm.  The phrase was first used in English literature in 1750 to imply wounding or killing by satirical novelist Tobias Smollett (1721-1771) in Adventures of Gil Blas of Santillane, his translation of the original French novel by Alain-Rene Lesage: “We made two of them bite the dust and the others betake themselves to flight.”  The inspiration for the expression can be traced back to the Bible in Psalm 72: “They that dwell in the wilderness shall bow before him and his enemies shall lick the dust.”

From the archive: Piping Hot!

Almost everyone loves piping hot soup — which got us to thinking about the whole expression…

hot soup by Szeto Clan

Photograph by Szeto Clan

Q: Why do we describe warm food as “piping hot”?

A: Today, piping hot usually means comfortably warm food straight from your own oven to the table, but it took a few centuries to evolve into that meaning. There was a time when everyone bought freshly baked bread every day from a neighbourhood or village baker. When the bread was ready, the baker would signal from his front door by blowing on a pipe or horn, which caused people to hurry to get bread before it ran out and gave us the expression “piping hot.”

Why is a commercial record player called a “jukebox”?

jukebox

Photo by modomatic

Jukeboxes first appeared in restaurants and bars in the late 1930s. Juke is an African word meaning “to make wicked mischief” and came directly from American slaves, who described the illegal brothels or bootlegger shacks where they could occasionally escape their cruel lives with a jar of moonshine as “juke-joints.” Juke had an exotic and forbidden appeal, which inspired the name jukebox.

Why do Conservatives call Liberals “bleeding hearts”?

The ultra-conservative view of those who propose extending the welfare state is that they are “bleeding hearts.” That expression entered politics in the 1930s and by the 1990s “my heart bleeds for you” had become a general put-down. It comes from the Middle Ages, when a social conscious group known as the Order of the Bleeding Heart was formed to honour the Virgin Mary, whose “heart was pierced with many sorrows.”

Democrats Republican

Images from Mike Licht, NotionCapital.com

From the Archive: Spilling the Beans

Ever wonder about the political issues that seem to be on the front page of the news almost everyday? Let’s dive into the realm of politics and take a look at some history.

Q: Why when someone tells a secret do we say they’ve “spilled the beans”?

A: As a system of voting, the ancient Greeks placed beans in a jar. These small beans or balls were called “ballota”, which gives us the word ballot. A white bean was a “yes” and a brown bean was a “no.” The beans were then counted in secret so the candidates wouldn’t know who voted for or against them. If the container was knocked over, and the beans were spilled, the secret was out of the jar.

beans ... jelly beans

Not yet spilled beans?  Photograph by al-hayat

Why do Humans Kiss?

The average person spends two weeks kissing during his or her lifetime. The romantic or erotic kiss is a sensual genetic memory search for compatibility, whether on the lips or elsewhere, and is revealed to the brain through smell and taste. Kissing originated from prehistoric mothers breast-feeding, then chewing and pushing food into their infants’ mouths with their tongues. Sigmund Freud (1856-1939) described the kiss as “an unconscious repetition of infantile delight in feeding.”

Kiss by David Chief

Photograph by David Chief

Smell is the primary ingredient of the kissing ritual for some cultures, such as the Inuit, who believe that exhaled breath reveals a person’s soul. Exchanging breath in this sense is a spiritual union. This concept has parallel in Christian dogma (Genesis 2:7), which reveals that God infused the spirit of life into his creatures by breathing into them.

[Excerpt taken from Now You Know - The Big Book of Answers by Doug Lennox]