The industry's first permanent oil exchange was organized in 1871 by producers, refiners, dealers, brokers. Starting in the American Hotel on this spot, it moved to other sites; returned here in a new three-story brick building, 1881. Dissolved 1897; building razed 1956.

Marker is on West Spring Street just east of S. Washington St.., on the left when traveling east.

Courtesy hmdb.org

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