The California Oil Exchange was a
regional stock exchange
A regional stock exchange is a term used in the United States to describe stock exchanges that operate outside of the country's main financial center in New York City. A regional stock exchange operates in the trading of listed and Over-the-count ...
in
California
California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...
. It opened in
San Francisco
San Francisco, officially the City and County of San Francisco, is a commercial, Financial District, San Francisco, financial, and Culture of San Francisco, cultural center of Northern California. With a population of 827,526 residents as of ...
on October 18, 1899, with a "large attendance" and 22 listed stocks. The stocks were from the oil districts of
Los Angeles
Los Angeles, often referred to by its initials L.A., is the List of municipalities in California, most populous city in the U.S. state of California, and the commercial, Financial District, Los Angeles, financial, and Culture of Los Angeles, ...
,
Santa Barbara, and
Fresno
Fresno (; ) is a city in the San Joaquin Valley of California, United States. It is the county seat of Fresno County, California, Fresno County and the largest city in the greater Central Valley (California), Central Valley region. It covers a ...
. Shares sold on the first day included St. Lawrence, San Joaquin, Northfield, Quitable, Big Panoche, Kings County, 100 Eagle, and 200 Stella.
It was absorbed by the
Los Angeles Stock Exchange in September 1900,
[The Los Angeles Stock Exchange - A Brief Historical Review ''Mining and Oil Bulletin'' November 1919]
/ref> when 51 members relinquished their membership in the California Oil Exchange in favor of membership in the other.
See also
*List of former stock exchanges in the Americas
This is a list of former stock exchanges in the Americas, including North America, South America, and the Caribbean Islands. Year of formation and the year the exchange was acquired, liquidated, or folded are also included. Some of these exchanges ...
*List of stock exchange mergers in the Americas
This is a list of major stock exchange mergers and acquisitions in the Americas. It also features the name of any resultant stock exchanges from mergers or acquisitions. According to Robert E. Wright of ''Bloomberg'' in 2013, historians assert tha ...
*Pacific Exchange
The Pacific Exchange was an American regional stock exchange in California, from 1956 to 2006. Its main exchange floor and building were in San Francisco, California, with a branch building in Los Angeles, California.
In 1882, the San Francisc ...
References
{{reflist
Former stock exchanges in the United States
Economy of San Francisco