The Consolidated Stock Exchange of New York, also known as the ''New York Consolidated Stock Exchange'' or ''Consolidated'',
[See ''Brooklyn Daily Eagle'', Saturday, January 13, 1912, p. 18] was a
stock exchange in
New York City, New York
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...
in direct competition to the
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed ...
(NYSE) from 1885–1926. It was formed from the merger of other smaller exchanges,
and was referred to in the industry and press as the "Little Board."
[ By its official formation in 1885, its membership of 2403 was considered the second largest membership of any exchange in the United States.][
]
History
1875–1900: Background and formation
The New York Mining Stock Exchange opened for active business on November 1, 1875 at noon, with John Stanton Jr. as president. Total membership equaled 25. As the exchange expanded, it moved from 24 Pine Street to 32 Pine Street, and then to 18 Broad Street, and finally to the "Bond Room" of the New York Stock Exchange at 16 New Street. The exchange returned to 60 Broadway on July 26, 1877, on which day it also absorbed the members of the American Mining and Stock Exchange
The American Mining and Stock Exchange was a commodities and stock exchange in New York City. In 1877 it absorbed the competing New-York Open Gold and Stock Exchange. The New York Mining Stock Exchange absorbed the members of the American Mining an ...
, which had been operating for around fifteen months.[ In 1883 the Mining Stock Exchange and the National Petroleum Exchange were consolidated,][ becoming the ]New-York Mining Stock and National Petroleum Exchange
The National Petroleum Exchange was a resource exchange in New York City founded in 1882. In 1883 the National Petroleum Exchange and the New York Mining Stock Exchange were consolidated, becoming the New-York Mining Stock and National Petroleum E ...
.[ The exchange also absorbed the competing organizations ]