| Type | Stock exchange, resource exchange |
|---|---|
| Location | New York City, United States |
| Founded | 1883 |
| Closed | 1885 |
The National Petroleum Exchange was a resource exchange in New York City founded in 1882. [1] In 1883 the National Petroleum Exchange and the New York Mining Stock Exchange were consolidated, [2] becoming the New-York Mining Stock and National Petroleum Exchange. [3] After several other exchange mergers with competitors, the exchange became the Consolidated Stock and Petroleum Exchange of New York, which in 1885 became the Consolidated Stock Exchange of New York. [4]
On December 18, 1882, the National Petroleum Exchange was opened. Sales that day equated to 150,000 barrels. [1] On March 24, 1883, the New-York Mining and National Petroleum Exchange had a membership of 479. [5] In 1883 the National Petroleum Exchange and the New York Mining Stock Exchange were consolidated, at which point Charles G. Wilson was elected president and held the office until 1900. [2] The new exchange was named the New-York Mining Stock and National Petroleum Exchange. [3]
By December 1883, the New York Times wrote that "much interest" was being shown in a proposed consolidation between the competing New-York Petroleum Exchange and the New-York Mining Stock and National Petroleum Exchange. The matter was voted on by both exchange members on December 22, 1883. [3] At the vote, members of the New-York Mining Stock and National Petroleum Exchange largely favored consolidation. However, the New-York Petroleum Exchange saw 269 in favor and 250 against, out of a total membership of around 688. Afterwards, a joint committee of three members from each Exchange was proposed, for the drafting of a new constitution and by-laws prior to any consolidation. [6] On March 11, 1884, it was reported that the governing board of the New-York Mining Stock and National Petroleum Exchange had voted against consolidation 29 to 2. One of the reasons given was that the National Exchange treasury contained $204,000, while the New-York Petroleum Exchange only had $74,570. However, a resolution was passed that members of the New-York Petroleum Exchange could join the National Exchange. [7]
The New-York Mining and National Petroleum Exchange merged with the competing New-York Petroleum Exchange and Stock Board on February 28, 1885. [5] After several other exchange merges with competitors such as the Miscellaneous Security Board, the exchange became known as the Consolidated Stock and Petroleum Exchange of New York. [4]
The New York Stock Exchange is an American stock exchange at 11 Wall Street in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily trading value was approximately US$169 billion in 2013. The NYSE trading floor is at 11 Wall Street and is composed of 21 rooms used for the facilitation of trading. An additional trading room, 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.
John Baxter Barbour Jr. was President of the Federal League in baseball in 1914 and president of the Pittsburgh Stock Exchange for eight terms. At the time of his death, he was a member of the John B. Barbour Investment and Security Company.
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The Consolidated Stock Exchange of New York, also known as the New York Consolidated Stock Exchange or Consolidated, was a stock exchange in New York City, New York in direct competition to the New York Stock Exchange (NYSE) from 1885–1926. It was formed from the merger of other smaller exchanges, and was referred to in the industry and press as the "Little Board." By its official formation in 1885, its membership of 2403 was considered the second largest membership of any exchange in the United States.
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The American Mining and Stock Exchange was a commodities and stock exchange in New York City. In 1877 it absorbed the competing New-York Open Gold and Stock Exchange. The New York Mining Stock Exchange absorbed the members of the American Mining and Stock Exchange, which had been operating for around fifteen months, on July 26, 1877.
The New-York Petroleum Exchange and Stock Board was a resource and stock exchange in New York City. Founded as the New-York Petroleum Exchange, in 1884 the exchange reported oil clearances amounting to 2,373,582,000 barrels, averaging 7,782,000 barrels per day. That year the exchange also began trading in stocks, bonds, and other securities. The institution merged with the competing exchange New-York Mining and National Petroleum Exchange on February 28, 1885, forming the Consolidated Stock and Petroleum Exchange.
Charles G. Wilson was an American financier and businessman. Wilson was president of the Consolidated Stock and Petroleum Exchange of New York from 1883 until 1900. As of December 1894, he was serving as President of the New York City Board of Health as well.
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The Washington Stock Exchange was a regional stock exchange based in Washington, D.C.. Active as early as the 1880s, on July 21, 1953, members of the Washington Stock Exchange board unanimously voted to merge with the Philadelphia-Baltimore Stock Exchange. The merge occurred in 1954, creating the Philadelphia-Baltimore-Washington Stock Exchange.
The San Francisco Stock and Bond Exchange was a regional stock exchange based in San Francisco, California, United States. Founded in 1882, in 1928 the exchange purchased and began using the name San Francisco Stock Exchange, while the old San Francisco Stock Exchange was renamed the San Francisco Mining Exchange. The San Francisco Curb Exchange was absorbed by the San Francisco Stock Exchange in 1938. In 1956 the San Francisco Stock Exchange merged with the Los Angeles Oil Exchange to create the Pacific Coast Stock Exchange.
The California Oil Exchange was a regional stock exchange in California. It opened in San Francisco on October 18, 1899, with a "large attendance" and 22 listed stocks. The stocks were from the oil districts of Los Angeles, Santa Barbara, and Fresno. Shares sold on the first day included St. Lawrence, San Joaquin, Northfield, Quitable, Big Panoche, Kings County, 100 Eagle, and 200 Stella. It was absorbed by the Los Angeles Stock Exchange in September 1900, when 51 members relinquished their membership in the California Oil Exchange in favor of membership in the other.
The San Francisco Curb Exchange was a curb exchange opened in 1928, formed out of a re-organization of the San Francisco Stock and Bond Exchange and the San Francisco Mining Exchange. The San Francisco Curb Exchange replaced the Mining Exchange at the 350 Bush Street building. The Curb Exchange later left the building in 1938, when the Curb Exchange was absorbed by the San Francisco Stock Exchange.
The St. Louis Stock Exchange was a regional stock exchange located in St. Louis, Missouri. Opened in 1899, in September 1949, the St. Louis Stock Exchange was acquired by the Chicago Stock Exchange, and renamed the Midwest Stock Exchange.
The St. Louis Mining and Stock Exchange was an American regional stock exchange. It formed in St. Louis, Missouri on December 2, 1880. It closed in 1893 during a financial depression.
The New Orleans Stock Exchange, or the New-Orleans Stock Exchange, was a regional stock exchange based in New Orleans, Louisiana. As early as 1880, the exchange's sales of stock reached a reported total of $7,891,300. The exchange moved into a new building in 1906, described as the most expensive and artistic structure of its size in the city. At the time, membership was limited to seventy members, with 61 "visiting members." In 1959, the exchange board voted to merge with the Midwest Stock Exchange in Chicago.
