Located at the northwest corner of Main Street and Seventh Street, the building was designed by Claud Beelman and Alexander Curlett in the Beaux Arts style with Classical Revival influence.

[3] The building was the headquarters for the new California Stock Exchange starting in January 1930.

[5] The exchange also included six trading posts with price indicators for 384 issues, a clearing-house, visitors' gallery, smoking-room for members, private offices for executives, committee rooms and locker rooms.

[5] The first trade recorded on the exchange in January 1930 involved 100 shares of "Bolsa Chica Oil 'A'.

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