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Savannah Cotton Exchange

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Freemasons' Hall , formerly the Savannah Cotton Exchange , was built in 1876 in Savannah, Georgia , United States. Its function was to provide King Cotton factors, brokers serving planters' interest in the market, a place to congregate and set the market value of cotton exported to larger markets such as New York City or London . By the end of the 19th century, factorage was on the decline as more planters were selling their products at interior markets, thus merely shipping them from Savannah via the extensive rail connections between the city and the interior. The cotton exchange went out of business in 1951.

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16-562: General William Washington Gordon II was a chairman of the exchange after serving in the Battle of Jonesboro (1864). In the June 10, 1878, edition of the New York Times , the exchange published the following report, sent the previous day, as a summary for May's business: One hundred and forty-seven replies were received from 61 counties. The area of land planted in cotton this season

32-569: A cotton and rice broker , forming the firm of Tison & Gordon in 1856. Commissioned into the Georgia Hussars as a lieutenant at the outset of the American Civil War in 1861, Gordon fought with distinction being promoted captain and then adjutant , receiving his only wound at Lovejoy's Station after the Battle of Jonesboro (1864). Gordon then returned to his family's cotton plantation , becoming chairman of

48-653: Is located in Savannah's Historic District , which is listed on the National Register of Historic Places , and the Cotton Exchange building is a contributing property. The building has been home to Solomon's Lodge, No. 1 , Free and Accepted Masons , since 1976. It was established by founder of the Province of Georgia , General James Oglethorpe , in 1734. On Labor Day in 2006, a car smashed into

64-409: Is located in Savannah's Historic District , which is listed on the National Register of Historic Places , and the Cotton Exchange building is a contributing property. The building has been home to Solomon's Lodge, No. 1 , Free and Accepted Masons , since 1976. It was established by founder of the Province of Georgia , General James Oglethorpe , in 1734. On Labor Day in 2006, a car smashed into

80-867: The Savannah Cotton Exchange and vice-president of the Merchants' National Bank, as well as a founding director of the Georgia Railroad and Banking Company . He was elected to the Georgia Assembly 1884–89 and served as commanding officer of the State Militia , being appointed in 1891 a brigadier general of the US Army . He died in White Sulphur Springs, West Virginia , on September 11, 1912, and

96-481: The Savannah Cotton Exchange , was built in 1876 in Savannah, Georgia , United States. Its function was to provide King Cotton factors, brokers serving planters' interest in the market, a place to congregate and set the market value of cotton exported to larger markets such as New York City or London . By the end of the 19th century, factorage was on the decline as more planters were selling their products at interior markets, thus merely shipping them from Savannah via

112-416: The building, causing substantial damage. The Savannah Chamber of Commerce has erroneously been mentioned as currently occupying the building, but they are former tenants, having been there in the first part of the 20th century; they are now based across the street at 101 East Bay Street. William Washington Gordon II General William Washington Gordon II (October 14, 1834 – September 11, 1912)

128-459: The crop is good. The Spring was early and the preparation of land for planting better than usual. The fields are clear of grass, and the plant is growing rapidly. The exchange moved to 100 East Bay Street location, in 1887, where the building still stands, with the former warehouses down below on River Street now replaced by a tunnel through to Factors Walk. The city allowed the exchange to build on top of Drayton Street ramp, as long as they left

144-457: The crop is good. The Spring was early and the preparation of land for planting better than usual. The fields are clear of grass, and the plant is growing rapidly. The exchange moved to 100 East Bay Street location, in 1887, where the building still stands, with the former warehouses down below on River Street now replaced by a tunnel through to Factors Walk. The city allowed the exchange to build on top of Drayton Street ramp, as long as they left

160-520: The extensive rail connections between the city and the interior. The cotton exchange went out of business in 1951. General William Washington Gordon II was a chairman of the exchange after serving in the Battle of Jonesboro (1864). In the June 10, 1878, edition of the New York Times , the exchange published the following report, sent the previous day, as a summary for May's business: One hundred and forty-seven replies were received from 61 counties. The area of land planted in cotton this season

176-501: The ramp accessible below, hence its unique design. As the Savannah Morning News reported it, the day after its official opening: "The building is built in the center of a slip leading to the river, and is raised thirty-five feet or so from the ground by iron pillars, so as to give free access to River street." The building's architect was William G. Preston , whose design was favored over eleven other architects. It

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192-427: The ramp accessible below, hence its unique design. As the Savannah Morning News reported it, the day after its official opening: "The building is built in the center of a slip leading to the river, and is raised thirty-five feet or so from the ground by iron pillars, so as to give free access to River street." The building's architect was William G. Preston , whose design was favored over eleven other architects. It

208-535: Was a Confederate captain in the American Civil War , later serving as a brigadier general in the United States Army during the Spanish–American War . William Washington Gordon II was born in Savannah, Georgia , on October 14, 1834, the eldest son of Senator William Washington Gordon of Georgia . He graduated B.A. from Yale University in 1854, before returning to Savannah to become

224-680: Was buried at Laurel Grove Cemetery in Savannah. Gordon married Eleanor Lytle Kinzie, younger daughter of Colonel John Harris Kinzie , on December 21, 1857. They had six children: This biographical article related to the United States Army is a stub . You can help Misplaced Pages by expanding it . This article about a person of the American Civil War is a stub . You can help Misplaced Pages by expanding it . Savannah Cotton Exchange Freemasons' Hall , formerly

240-408: Was slightly an increase over last year, say 2 per cent. The weather has been unusually find and favorable for the plant. The stands are generally very good, and the crop 10 days to two weeks ahead of last year. The labor is about the same as last year, both as to numbers and efficiency. Where fertilizers are generally used the increase has been 10 to 15 per cent over last season. The present condition of

256-408: Was slightly an increase over last year, say 2 per cent. The weather has been unusually find and favorable for the plant. The stands are generally very good, and the crop 10 days to two weeks ahead of last year. The labor is about the same as last year, both as to numbers and efficiency. Where fertilizers are generally used the increase has been 10 to 15 per cent over last season. The present condition of

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