Located at the corner of St. Pierre and St. Paul streets and first known as the "City Tavern," kept by
Robert Tesseyman, this 19th-century hotel in
Montreal, Quebec, Canada, was a popular meeting place of the
Beaver Club before later becoming the Exchange Coffee House. In 1805,
Samuel Gerrard proposed building
Nelson's Column, Montreal here. 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.[1]
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.