[3] In April 1902, St. Louis Stock Exchange president Alfred H. Bauer announced that committees had been elected to serve for one year terms.
[4] The constitution and bylaws of the new exchange were adopted on January 3, 1903, and made effective on February 1, 1903.
A great deal of business was also done with United Railways, St. Louis Transit Company, and Brown Brothers.
The times stated that brokers related that it was the heaviest buying the city had seen in three years, leaving them "almost unable to accommodate their patrons."
On the reopening, the Times reported that "opening prices were steady and demand for high-grade securities good.
[13] On August 30, 1948, the press reported that several brokers in multiple cities were discussing a large merger of several midwestern stock exchanges.
The plan at that point included exchanges in Chicago, Detroit, Cleveland, Cincinnati, New Orleans, and St. Louis.
With a projected volume of $350,000,000 a year in trading, it would make the proposed exchange the largest in the United States outside of New York.
On June 10, 1949, The New York Times reported that the proposed merger had resulted in disagreement within St. Louis financial circles.
[15] On June 29, president of St. Louis exchange John A. Isaacs Jr. declared in letter to exchange members and all St. Louis banks that the merger was "the only practicable means of providing a strong market for midwest companies," and a necessity.