| Memphis Cotton Exchange | |
|---|---|
| <http://associationedge.com/portal/uploads/mce//mce_seal(2).jpg> | |
| Type | Private Organization |
| Founded | 1873 |
| Headquarters | Memphis, Tennessee |
| Industry | Cotton |
The Memphis Cotton Exchange is located in downtown Memphis, Tennessee, on the corner of Front Street and Union Avenue. The term privately held company refers to ownership of a business company in two different ways first referring to ownership by non-governmental organizations and second Year 1873 ( MDCCCLXXIII) was a Common year starting on Wednesday (link will display the full calendar of the Gregorian calendar (or a Common Memphis is a City in the southwest corner of Tennessee, and the County seat of Shelby County. Tennessee ( is a state located in the Southern United States. For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" Cotton is a soft staple Fibre that grows around the seeds of the cotton plant ( Gossypium sp Downtown Memphis, Tennessee is located on the Mississippi River between Interstate 40 to the north and Interstate 55 to the south Memphis is a City in the southwest corner of Tennessee, and the County seat of Shelby County. Tennessee ( is a state located in the Southern United States. It was founded in 1874 as a result of the growing cotton market in Memphis. Cotton merchants of the time became aware of the need for a trade organization to regulate cotton marketing in the city. Cotton is a soft staple Fibre that grows around the seeds of the cotton plant ( Gossypium sp They were also aware of the many benefits reaped by the New York Cotton Exchange and the New Orleans Cotton Exchange. 1 Hanover Square also known variously as the New York Cotton Exchange and the India House is in lower Manhattan, New York City, New The Cotton Exchange was established in New Orleans, Louisiana, in 1871 on the corner of Carondelet and Gravier Streets Once established, the exchange produced rules and regulation on cotton trading and set standards for buying and pricing cotton in Memphis and the Mid-South.
Cotton trading was done on the first floor and only members of the exchange were allowed to trade there. In 1978 the trading floor was closed in favor of computer trading. The historic floor has since then been remodeled and is now home to The Cotton Museum and is used to educate the public about the industry and agriculture of cotton that helped build the city of Memphis in its early years. The Cotton Museum, located in Memphis Tennessee, US, is an historical and cultural museum that opened in March 2006 on the former trading floor of the