 | |
| Type | Stock exchange |
|---|---|
| Location | Pittsburgh, Pennsylvania, United States |
| Founded | November 11, 1864 (as Thurston's Oil Exchange) |
| Closed | August 23, 1974 |
| Key people | John Baxter Barbour, Jr. |
| Currency | United States dollar |
The Pittsburgh Stock Exchange was a large regional stock market located in Pittsburgh, Pennsylvania from November 11, 1864 (originally as Thurston's Oil Exchange) until closing on August 23, 1974.[1] It was alternatively named the Pittsburgh Coal Exchange starting on May 27, 1870,[2] and the Pittsburgh Oil Exchange on July 21, 1878 with 180 members.[3] On July 25, 1896 the Exchange formally took the name Pittsburgh Stock Exchange though it had been referred to by that name since the spring of 1894.[3] The Exchange, like many modern day exchanges, was forced to close during sharp economic crashes or crises.[3] On December 24, 1969 The Philadelphia-Baltimore-Washington Stock Exchange bought the Pittsburgh Stock Exchange.[4] At its height the exchange traded over 1,200 companies, but by the last trading day in 1974 only Pittsburgh Brewing Company, Williams & Company and Westinghouse remained listed.[5]
- ^ Gigler, Rich (August 24, 1974). "The City Stock Exchange Closes as a Victim of the Times". The Pittsburgh Press. Retrieved March 25, 2017.
- ^ Cite error: The named reference
coal-exchangewas invoked but never defined (see the help page). - ^ a b c Cite error: The named reference
pitt-librarywas invoked but never defined (see the help page). - ^ Cite error: The named reference
closingwas invoked but never defined (see the help page). - ^ Cite error: The named reference
eleven-companieswas invoked but never defined (see the help page).
© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search