Old Savannah Cotton Exchange Marker, Savannah, GA. The Cotton Exchange was long a symbol of the importance of the cotton industry to the city of Savannah Georgia. The building on Bay Street was originally called King Cotton’s Palace because its Romanesque architectural style made it stand out amongst the other buildings nearby. The former Cotton Exchange is now the headquarters of the Savannah Chamber of Commerce. The marker reads as: The Savannah Cotton Exchange building was completed in 1887 during the era when Savannah ranked first as a cotton seaport on the Atlantic and second in the world. In its heyday as a cotton port over two million bales a year moved through Savannah Georgia. The Cotton Exchange was the center of activity in the...