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Memphis Cotton Exchange
The Memphis Cotton Exchange is located in Downtown Memphis, Tennessee, downtown Memphis, Tennessee, Memphis, Tennessee, United States, on the corner of Front Street and Union Avenue. It was founded in 1874 as a result of the growing cotton market in Memphis, where trade was strong after the American Civil War. The first Cotton Exchange building was constructed in 1885. It was replaced by the Exchange Building (Memphis), Exchange Building in 1910, which housed it until a newer Cotton Exchange Building was completed in 1925. History & location Cotton merchants needed a trade organization to regulate cotton marketing in the city. They were also aware of the many benefits reaped by the New York Cotton Exchange and the New Orleans Cotton Exchange. 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. The exchanged developed a method for grading cotton to which members agreed. It opera ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Memphis Cotton Exchange
The Memphis Cotton Exchange is located in Downtown Memphis, Tennessee, downtown Memphis, Tennessee, Memphis, Tennessee, United States, on the corner of Front Street and Union Avenue. It was founded in 1874 as a result of the growing cotton market in Memphis, where trade was strong after the American Civil War. The first Cotton Exchange building was constructed in 1885. It was replaced by the Exchange Building (Memphis), Exchange Building in 1910, which housed it until a newer Cotton Exchange Building was completed in 1925. History & location Cotton merchants needed a trade organization to regulate cotton marketing in the city. They were also aware of the many benefits reaped by the New York Cotton Exchange and the New Orleans Cotton Exchange. 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. The exchanged developed a method for grading cotton to which members agreed. It opera ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 1874
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessmen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Berry B
A berry is a small, pulpy, and often edible fruit. Typically, berries are juicy, rounded, brightly colored, sweet, sour or tart, and do not have a stone or pit, although many pips or seeds may be present. Common examples are strawberries, raspberries, blueberries, blackberries, red currants, white currants and blackcurrants. In Britain, soft fruit is a horticultural term for such fruits. In common usage, the term "berry" differs from the scientific or botanical definition of a fruit produced from the ovary of a single flower in which the outer layer of the ovary wall develops into an edible fleshy portion (pericarp). The botanical definition includes many fruits that are not commonly known or referred to as berries, such as grapes, tomatoes, cucumbers, eggplants, bananas, and chili peppers. Fruits commonly considered berries but excluded by the botanical definition include strawberries, raspberries, and blackberries, which are aggregate fruits and mulberries, which are multip ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William Dunavant
William "Billy" Dunavant, Jr. (born 1932) was a cotton industrialist. He died September 11, 2021 at 88 years old. Biography Early life Dunavant was born on December 19, 1932 to William and Dorothy Dunavant. He was educated first at The McCallie School in Chattanooga, then at Vanderbilt University, and received his bachelor's degree in Business Administration from Memphis State University. His maternal grandfather, T.J. White, was a cotton farmer from Tunica, Mississippi. His paternal grandfather, Colonel William P. Dunavant was in the railroad business and created one of the main cotton transporting railroads of the time. His father began working for T.J. White and Company at the age of 21. After White retired, the company was passed to Dunavant's father and renamed Dunavant Enterprises. When the senior Dunavant died in 1961, Dunavant inherited the company at the age of 29. Career When Dunavant took over the company in 1961, it handled around 100,000 bales of cotton a year, and ni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Everett Richard Cook
Brigadier General Everett Richard Cook was a World War I flying ace credited with five aerial victories. During World War II, Cook became Deputy Chief of Staff for the U. S. 8th Air Force, headquartered in London, under the command of General Carl "Toohey" Spaatz. Biography World War I Cook joined the U. S. Army "Aero Service," the embryonic predecessor of the U.S. Air Force, in May 1917. He entered service as a first lieutenant in the European theater in November, 1917, and began flying reconnaissance missions in combat, behind enemy lines on June 3, 1918. By September 1918, he had risen to commander of the 91st Aero Squadron and attained the rank of captain on November 3, 1918, just a week before the Armistice. He flew a Salmson 2A2 for his five victories over German fighters in September and October 1918. His gunner for four of those wins was William T. Badham. He was awarded the Distinguished Service Cross, ''Legion d'Honneur'', and ''Croix de Guerre'', and the 91st, collect ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Napoleon Hill (Memphis Businessman)
Napoleon Hill (1830–1909) was an American businessman of Memphis, Tennessee, tagged as "the merchant prince of Memphis" by his contemporaries. He first inherited wealth from his father, made more in the California Gold Rush, and then moved to Memphis, where he became a leading businessman and investor. Hill was the second of eleven children of Duncan Hill, a physician and plantation owner, and Olivia L. Bill. Duncan Hill died in 1844, leaving his mother the Marshall County, Mississippi plantation, worth $40,000 at the time. She remarried to Josiah Deloach in 1848 and she and the children continued to live on the plantation. At age sixteen Hill left home and worked as a store clerk for a time, but left Tennessee for the 1849 California Gold Rush. Successful in California, he returned to Tennessee and by 1857 was living in Memphis, where he built a wholesale grocery business and traded in cotton on commission just before the American Civil War. Hill prospered in Memphis, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cotton Museum Memphis TN 2
Cotton is a soft, fluffy staple fiber that grows in a boll, or protective case, around the seeds of the cotton plants of the genus ''Gossypium'' in the mallow family Malvaceae. The fiber is almost pure cellulose, and can contain minor percentages of waxes, fats, pectins, and water. Under natural conditions, the cotton bolls will increase the dispersal of the seeds. The plant is a shrub native to tropical and subtropical regions around the world, including the Americas, Africa, Egypt and India. The greatest diversity of wild cotton species is found in Mexico, followed by Australia and Africa. Cotton was independently domesticated in the Old and New Worlds. The fiber is most often spun into yarn or thread and used to make a soft, breathable, and durable textile. The use of cotton for fabric is known to date to prehistoric times; fragments of cotton fabric dated to the fifth millennium BC have been found in the Indus Valley civilization, as well as fabric remnants dated back t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Cotton Museum
The Cotton Museum, located in Memphis, Tennessee, U.S., is an historical and cultural museum that opened in March 2006 on the former trading floor of the Memphis Cotton Exchange at 65 Union Avenue in downtown Memphis. The mission of the Cotton Museum is to share the story of the cotton industry and its many influences on the daily life, arts, and the development of the mid-South region. The museum highlights artifacts through interpretive exhibits, educational programs, and research archives that help tell the story of cotton and cotton trading, from crop to becoming fabric. The Cotton Museum preserves the history of the cotton business and its impact on economics, history, society and culture, and science and technology. The museum's exhibits a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Memphis, Tennessee
Memphis is a city in the U.S. state of Tennessee. It is the seat of Shelby County in the southwest part of the state; it is situated along the Mississippi River. With a population of 633,104 at the 2020 U.S. census, Memphis is the second-most populous city in Tennessee, after Nashville. Memphis is the fifth-most populous city in the Southeast, the nation's 28th-largest overall, as well as the largest city bordering the Mississippi River. The Memphis metropolitan area includes West Tennessee and the greater Mid-South region, which includes portions of neighboring Arkansas, Mississippi and the Missouri Bootheel. One of the more historic and culturally significant cities of the Southern United States, Memphis has a wide variety of landscapes and distinct neighborhoods. The first European explorer to visit the area of present-day Memphis was Spanish conquistador Hernando de Soto in 1541. The high Chickasaw Bluffs protecting the location from the waters of the Mississipp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Exchange Building, Memphis
The Exchange Building is a 19-story skyscraper, which was formerly known as the Cotton Exchange Building and the Merchants Exchange Building, and is the twelfth-tallest building in Memphis, Tennessee. It should not be confused with the Memphis Cotton Exchange which is located on Front Street and Union Avenue. The Exchange Building is located at the corner of Second Street and Madison Avenue in downtown Memphis, Tennessee. It is tall and has of living space. The building is made of steel and concrete, and employs many decorative elements including Tennessee marble, granite, and detailed plaster work. Location The building, which has an alternate address of 130 Madison Avenue, sits on 0.25 acres at the northwest corner of Madison Avenue and Second Street, just south of Court Square, Memphis. History The building was built in 1910 by the Memphis Cotton and Merchants Exchange. Locally, it became known as the "Exchange Building." The building was designed by Memphis archi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Orleans Cotton Exchange
The New Orleans Cotton Exchange was established in New Orleans, Louisiana, in 1871 as a centralized forum for the trade of cotton. It operated in New Orleans until closing in 1964. Occupying several buildings over its history, its final location, the New Orleans Cotton Exchange Building, is now a National Historic Landmark. History The New Orleans Cotton Exchange was conceived and financed by a group of cotton factors at a time when one-third of the entire production of cotton in the United States was sent through New Orleans. The Exchange sought to bring order to what was a highly speculative and often erratic cotton pricing system by providing a centralized trading office where people involved in the cotton business could obtain information about market conditions and prices. The Exchange also established standards for classification of cotton and facilitated payments between buyers and sellers. The New York Cotton Exchange opened in 1870. Concerned that trading of cotton in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
