Exchange coffee house

Exchange Coffee House

Exchange coffee house

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Description:
First known as the "City Tavern," kept by Robert Tesseyman, this 19th century hotel in Montreal, Canada later became the Exchange Coffee House. The hotel was a common place of rest for transient travellers and Upper Canada merchants. It became the location of the first stock transactions in Montreal.

Time Line

  • 1832 - The hotel becomes the location of the first stock transactions to take place in Montreal, and perhaps Canada.
  • 1874 - The Montreal Stock Exchange becomes Chartered after more than 40 years of informal trading, mostly in railroad and bank securities.
  • 1883 - The Exchange moves to the Commodities Exchange building on St. Sacrament Street. Trading hours are from 10:45 a.m. to 3:00 p.m.
  • 1904 - The Exchange moves into its own building, at 453 St. Fran├žois-Xavier Street in Old Montreal. Today home to the Centaur Theatre, this building was designed by architect George B. Post who also designed the New York Stock Exchange building.


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