Former Pittsburgh Inventory Change – Pittsburgh, Pennsylvania
At the beginning of The Pennsylvania oil rush, one of the earliest oil reserves, was discovered north of Pittsburgh. From that time until well into the 20th century, Pittsburgh was a major financial center and seat of the Pittsburgh Stock Exchange.
The Pittsburgh Stock Exchange was originally known as Thurston’s Oil Exchange and opened in 1864. It operated as a regional stock market until 1974, when at its height 1,200 companies were traded on the stock exchange.
The original location from 1864-1903 was in the Dollar Bank building, now at 340 4th Ave. This great Beaux Arts baroque structure is still used as a bank and can be viewed during business hours.
The Pittsburgh Stock Exchange was relocated several times, including from 1903 to 1962 to 229 Fourth Avenue and then to 333 Fourth Avenue.
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