Piece of bale cotton from New York Cotton Exchange, John Draper in env.
Overall: 2 1/2 x 2 1/2 in. ( 6.4 x 6.4 cm )
handwritten: on accompanying envelope: "Piece of a Bale of Cotton/Sold at the N. York Cotton/Exchange by John H. Draper/for $300.00 for the Memphis/Sufferers." handwritten: on accompanying envelope: "Nov. 18/75"
Piece of cotton fiber from a bale of cotton sold at the New York Cotton Exchange.
According to a note with the object, this cotton fiber is from a bale of cotton sold at the New York Cotton Exchange by John H. Draper for $300 for the Memphis Sufferers. The New York Cotton Exchange was formed in 1870 at 142 Pearl Street by local merchants who dominated the cotton export business before the Civil War, as well as such notable merchants from the South as the Lehman Brothers. It developed into the leading cotton futures market.
Gift of Dr. John E. Stillwell, 1925
Due to ongoing research, information about this object is subject to change.