Exchange Coffee House, Montreal

Located at the corner of St. Pierre and St. Paul streets and first known as the "City Tavern," kept by Robert Tesseyman, this 19th-century hotel in Montreal, Quebec, Canada, was a popular meeting place of the Beaver Club before later becoming the Exchange Coffee House. In 1805, Samuel Gerrard proposed building Nelson's Column, Montreal here. The hotel was a common place of rest for transient travellers and Upper Canada merchants. It became the location of the first stock transactions in Montreal.[1]

Time Line

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  • 1832 – The hotel becomes the location of the first stock transactions to take place in Montreal, and perhaps Canada.
  • 1874 – The Montreal Stock Exchange becomes Chartered after more than 40 years of informal trading, mostly in railroad and bank securities.
  • 1883 – The Exchange moves to the Commodities Exchange building on St. Sacrament Street. Trading hours are from 10:45 a.m. to 3:00 p.m.
  • 1904 – The Exchange moves into its own building, at 453 St. François-Xavier Street in Old Montreal. Today home to the Centaur Theatre, this building was designed by architect George B. Post who also designed the New York Stock Exchange Building.
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References

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  1. ^ Kalbfleisch, John (18 Oct 2017). "From the archives: Long, leisurely lunches marked the early days of stock trading". Montreal Gazette. Archived from the original on 24 October 2017. Retrieved 5 August 2022.

45°30′12″N 73°33′23″W / 45.50333°N 73.55639°W / 45.50333; -73.55639