New York Produce Exchange, Located in Whitehall street, between Water and Pearl streets. There are two organizations-one controlling the property, the other managing the trade affairs of the Exchange. PROPERTY-NEW YORK PRODUCE EXCHANGE COMPANY. TRUSTEES. Francis M. French, President......... Firm Spofford & Tileston. William H. Newman, Vice-President.. Edward Cromwell, Treasurer..... Stephen W. Carey, Secretary. Stephen D. Harrison. George D. Cragin.. John S. Williams. Robert J. Randolph... Francis P. Sage.... W. H. Newman & Co. BOARD OF TRADE, KNOWN AS THE NEW YORK PRODUCE EXCHANGE Edward Hincken, President...........Firm Boyd & Hincken. Stephen D. Harrison, Vice-President..." Jewell, Harrison & Co. Sawyer, Wallace & Co. American Transit Co. Hyatt & Mount. J. H. Herrick & Co. Hicks & Hathaway. Williams, Bee & Co. 115 West street. Armour, Plankinton & Co. Herman O. Armour... James Boynton, Superintendent for both organizations from the beginning. The New York Produce Exchange Company was organized under the General Building Act of the Legislature of the State of New York in the year 1860, with a funded stock of $175,000, being 3,500 shares of $50 each. The building was erected in 1860-61, completed and occupied April 22, 1861. Dimensions, 109 feet on Moore street, 95 feet on Water street, 109 feet on Whitehall street, 78 feet on Pearl street, and 80 feet from ground to ceiling. The first story was finished into ten offices, which were let for three successive years at an aggregate of about $5,000 per annum. After which it was found necessary to occupy said room for exchange purposes, and the offices were removed, and the first story finished as such in 1865, at a cost of about $30,000. The plot upon which the building stands was purchased of Staats M. Mead for $155,000. The building of brick, with brown-stone trimmings and slate roof and iron gutters, was built by Solomon Banta, mason; Thomas Wilson, carpenter; C. Otto Ficht, decorator; Leopold Eidlitz, architect and superintendent; original cost, $95,350. Membership the first year 1,237, with an average increase from year to year of 92 members. The rooms are furnished with tables for samples, desks and stationery, marble washbowls, and reservoirs of ice-water in summer, and instantaneous reports, per telegraph, of all information, marine or commercial, valuable to the members of the Exchange. The Exchange is open at 10 o'clock and closed at 124 every day in the year, except Sundays and legal holidays. The flour and grain dealers, and shippers and ship freight brokers occupying the upper floor, and the provision and oil dealers the lower floor. The annual subscription of $25 for membership to the Exchange is payable in advance, on the first of May, and no subscription shall be received for any fractional part of the year until on and after the first day of February, when one half of the annual subscription may be accepted from persons becoming subscribers from that time until the end of the year. |