AmericasEvent

Founding of the New York Chamber of Commerce

When
1768
Where
Bolton and Sigel's Tavern, in the building leased from Samuel Fraunces (now Fraunces Tavern); New York City
Episodes
2

In 1768, twenty New York City merchants met at Bolton and Sigel's Tavern to organize the New York Chamber of Commerce, the first such commercial organization in the United States, created to protect and promote the business interests of New York merchants. Former mayor John Cruger Jr. is associated with the body's early leadership.

Episodes

  1. 1768 · New York CityFirst such commercial organization in the United States

    The newly founded Chamber stood as the first commercial organization of its kind in the United States and attracted New York's most influential business leaders.

  2. April 5, 1768 (per source; disputed) · Bolton and Sigel's Tavern, in the building leased from Samuel Fraunces (now Fraunces Tavern)Founding meeting at Bolton and Sigel's Tavern

    Twenty New York merchants met at Bolton and Sigel's Tavern on April 5, 1768, per the supplied account, to form a mercantile union that became the New York Chamber of Commerce.

Background and detail

Background. According to the supplied account, on April 5, 1768, twenty New York merchants convened at Bolton and Sigel's Tavern, housed in a building leased from Samuel Fraunces and now known as Fraunces Tavern, to form a mercantile union. The event scope flags this April 5 date as likely inaccurate, so the day should not be treated as settled fact.

Organization and Purpose. The society was organized under the name the New York Chamber of Commerce and was designed to protect and promote the business interests of merchants in New York City. As the first such commercial organization in the United States, it drew participation from many of New York's most influential business leaders.

John Cruger Jr.. John Cruger Jr. (1710–1791) served as the 42nd Mayor of New York City from 1757 to 1766 and later as speaker of the Province of New York assembly from 1769 to 1775. A legacy row names him as the Chamber's first president, but no retrieved passage confirms that office or any participation in the 1768 founding; the association remains unconfirmed.

People involved

  • John Cruger Jr. · Named in a legacy row as the Chamber's first president; the office and any founding association are not confirmed by retrieved passages
  • Twenty New York merchants · Founders who convened to form a mercantile union

Sources

  1. Chamber of Commerce of the State of New York Wikipedia, revision of 2026-08-30
  2. John Cruger Jr. Wikipedia, revision of 2026-04-04

Machine-drafted from the cited Wikipedia passages and checked by a reviewing model, not by a human editor. Every passage cites the revision it was written from; dates and places follow those passages.