The Bank of Italy opened in San Francisco, California, and would later become Bank of America.
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American swimmer Michael Phelps became the first person to win eight gold medals at one Olympic Games.
The Clermont steamboat by Robert Fulton made its maiden trip up the Hudson River.
Pope Leo II became the bishop of Rome.
Charles Reed Bishop founded First Hawaiian Bank and opened its first branch in Honolulu.
William B. Purvis patented the electric switch on railways that would shut off the electric supply after carriages pass the contact device.
