Cotton Bales (1930) by BMSPMUB3 - Museu da bolsa do Brasil
Cotton in the Brazilian economy
Like sugarcane, gold, coffee and rubber, cotton has played a fundamental role in the Brazilian economy since the 19th century, establishing itself as one of the country's main agricultural commodities.
Woman using loom (1930) by BMSPMUB3 - Museu da bolsa do Brasil
In the textile industry, a sector that for decades was one of the largest employers in Brazil, cotton has always been at the center of production, from the first fabric factories at the end of the 19th century to the industrial boom in the 20th century.
BMSP trading session (1954) by BMSPMUB3 - Museu da bolsa do Brasil
And what does cotton have to do with the history of BMSP?
Since the founding of the São Paulo Commodities Exchange (BMSP) in 1917, cotton has been one of the main commodities traded. The exchange also actively promoted its cultivation and organized its production, intensifying these efforts after the coffee crisis in 1929.
FENIT opening speech (1959) by BMSPMUB3 - Museu da bolsa do Brasil
In addition, the BMSP conducted fiber quality analyses and promoted and supported events such as Cotton Week and Fenit - the National Textile Industry Fair, which were essential for strengthening domestic fabrics and encouraging the consumption of textile products.
Candidatas ao título de Rainha do Algodão, 1959 (1959) by BMSPMUB3 - Museu da bolsa do Brasil
Cotton Queen
At these events, the figure of the "Queen of Cotton" emerged, whose mission was to promote Brazilian cotton, ensuring visibility for national fashion and establishing connections with the international market.
Maid of Cotton (1956) by BMSPMUB3 - Museu da bolsa do Brasil
Just like beauty queens, the Cotton Queens were nominated or elected annually.
Let's get to know some of them.
The first Cotton Queen reported by Revista dos Mercados, a monthly publication of BMSP, was Regina Ararigboia, named in 1951 by journalist Assis Chateubriand, in celebration of the resumption of cotton production in the western part of the state of São Paulo.
Rainhas do Algodão, 1951 (1951) by BMSPMUB3 - Museu da bolsa do Brasil
On that occasion, Ararigboia was invited by the president of the BMSP to participate in Cotton Week, where the auction of the first bale of the São Paulo harvest took place, alongside Jeannine Holand, who was elected Maid of Cotton 1951 in the United States.
Rainha do Algodão, 1951 (1951) by BMSPMUB3 - Museu da bolsa do Brasil
In addition to the auction, the event also featured a fashion show inspired by the participation of the American representative, who presented outfits made from cotton fabric. With a strong philanthropic character all proceeds raised at the event were donated to social projects.
Rainha do Algodão, 1953 (1953) by BMSPMUB3 - Museu da bolsa do Brasil
In 1953, the queen was chosen during the National Cotton Congress, which had Olga Clepf as the winner. The event, which included a ball and a fashion show, took place in Rancharia/SP and brought together the region's high society.
This year, around one million and five hundred thousand cruzeiros were raised, which were used to build the Santa Casa de Misericórdia in Rancharia.
Candidatas ao título de Rainha do Algodão, 1958 (1958) by BMSPMUB3 - Museu da bolsa do Brasil
In 1958, the Cotton Queen was chosen during the celebrations of the 40th anniversary of the BMSP headquarters. The event, held at FENIT, also featured the traditional auction of the first cotton bale, with the proceeds going to social welfare institutions.
Rainha do Algodão, 1958 (1958) by BMSPMUB3 - Museu da bolsa do Brasil
On that occasion, the candidates for the title participated in a fashion show representing major textile industries such as I.R.F Matarazzo, Carone, Cia. Gaspar Gasparian, and Com. Nacional de Veludos Velna. The contest was won by Alaide Barone.
Maid of Cotton, 1959 (1959) by BMSPMUB3 - Museu da bolsa do Brasil
In 1959, following tradition, the event was praised for its beauty and organization. According to dressmakers of the time, it was the most brilliant fashion show ever held in São Paulo.
In addition to the beautiful cotton fabrics and the elegance of the selected candidates, the auction of bale no. 1 also took place, as usual. On this occasion, the winner was Norma Sauter.
Candidatas ao título de Rainha do Algodão, 1960 (1960) by BMSPMUB3 - Museu da bolsa do Brasil
In 1960, the candidates were evaluated by a distinguished committee, composed of artists and columnists from the social columns. The winner was Mara Helena Santoro Bertini, who won several prizes, including a trip to Japan.
Maid of Cotton (1959) by BMSPMUB3 - Museu da bolsa do Brasil
Throughout the 1950s, the BMSP supported contests and promoted important events, consolidating its role in building a dynamic and competitive cotton market, which also enabled the promotion of Brazilian fashion.
In the MUB3 collection, you can find various records from this period, including photographs of the fashion show and reports from *Revista dos Mercados*, an important information channel used by the BMSP to promote the cotton commodity.
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B3 EDUCAÇÃO E CULTURA
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Gilson Finkelsztain
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MUB3 – MUSEU DA BOLSA DO BRASIL
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MUB3 declares that it has made every effort to identify and credit the copyright holders on the published photographic images, as well as those who have been photographed. If anyone recognizes your rights over some of these images that have not been correctly identified, please contact the project organization by e-mail pesquisa@mub3.org.br so that we can correct and publish the authorship. MUB3 appreciates the pointing out of omissions and inaccuracies and is available to rectify them.
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