Albert Jones was 12 years old when Ford puts the Model T car on the market at a price of US$825. Ford Motor Company is an American multinational automaker headquartered in Dearborn, Michigan, a suburb of Detroit. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand and most luxury cars under the Lincoln brand. Ford also owns Brazilian SUV manufacturer Troller, an 8% stake in Aston Martin of the United Kingdom, and a 49% stake in Jiangling Motors of China. It also has joint-ventures in China, Taiwan, Thailand, Turkey, and Russia. The company is listed on the New York Stock Exchange and is controlled by the Ford family; they have minority ownership but the majority of the voting power.
Albert Jones was 16 years old when The British passenger liner RMS Titanic sinks in the North Atlantic at 2:20 a.m., two hours and forty minutes after hitting an iceberg. Only 710 of 2,227 passengers and crew on board survive. RMS Titanic was a British passenger liner that sank in the North Atlantic Ocean in the early hours of 15 April 1912, after colliding with an iceberg during its maiden voyage from Southampton to New York City. There were an estimated 2,224 passengers and crew aboard, and more than 1,500 died, making it one of the deadliest commercial peacetime maritime disasters in modern history. RMS Titanic was the largest ship afloat at the time it entered service and was the second of three Olympic-class ocean liners operated by the White Star Line. It was built by the Harland and Wolff shipyard in Belfast. Thomas Andrews, her architect, died in the disaster.
Albert Jones was 33 years old when The New York Stock Exchange crashes in what will be called the Crash of '29 or "Black Tuesday", ending the Great Bull Market of the 1920s and beginning the Great Depression. The New York Stock Exchange, is an American stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$21.3 trillion as of June 2017. The average daily trading value was approximately US$169 billion in 2013. The NYSE trading floor is located at 11 Wall Street and is composed of 21 rooms used for the facilitation of trading. A fifth trading room, located at 30 Broad Street, was closed in February 2007. The main building and the 11 Wall Street building were designated National Historic Landmarks in 1978.