California Oil Exchange

California Oil Exchange
Type Regional stock exchange
Location San Francisco, California, United States
Founded October 18, 1899
Closed September 1900
Currency USD

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.[1] It was absorbed by the Los Angeles Stock Exchange in September 1900,[2] when 51 members relinquished their membership in the California Oil Exchange in favor of membership in the other.[3]

See also

References

  1. ↑ "California Oil Exchange". The New York Times. New York City, New York, United States. October 19, 1899. Retrieved June 1, 2017.
  2. ↑ The Los Angeles Stock Exchange - A Brief Historical Review Mining and Oil Bulletin November 1919
  3. ↑ Redpath, Lionel V. (1900), Petroleum in California: a concise and reliable history of the oil industry of the state, p. 53, retrieved June 5, 2017
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