Richmond Tobacco Exchange
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| Location | Richmond, Virginia, United States |
|---|---|
| Coordinates | 37°32′05″N 77°25′58″W / 37.534848°N 77.432916°W |
| Founded | 1858 |
| Commodities | tobacco |
Richmond Tobacco Exchange was a commodities exchange in Richmond, Virginia, where tobacco was traded.
It was established in 1858. Tobacco farmers opposed its creation, because the exchange was controlled by merchants.[1]
The Richmond Chamber of Commerce reported sales of leaf tobacco through the exchange for the year ended September 30, 1873 were 45,595 hogsheads, 11,415 tierces and 1,814 boxes.[2] In the year ended September 30, 1872, 2,593,110 pounds (1,176,210 kg) of loose tobacco was weighed at warehouses in Richmond, most at the Shockoe Warehouse.[2]
References
[edit]- ^ Kerr-Ritchie, Jeffrey R. (1999). Freedpeople in the Tobacco South: Virginia, 1860-1900. Chapel Hill, North Carolina: University of North Carolina Press. ISBN 0807847631. LCCN 98022751. Retrieved July 10, 2014.
Consequently, on Wednesday, May 26, 1858, the Richmond Tobacco Exchange opened for business on Thirteenth and Cary Streets. It became a central locale ...
- ^ a b "Richmond Tobacco Exchange". Report on the Trade and Commerce of Richmond, Va., with Other Statistics and Documents. Richmond, Virginia: Richmond Chamber of Commerce. 1874. p. 78. Retrieved July 10, 2014.