The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1890-07-22
READY FOR BUSINESS
M Butte Iinin6 EXchan6e Formally
Opened Yesterday.
The Market Takes an Upward Ten
doncy-Neariy One Hundred
Thousand Shares OF Stock
Changes Hands.
spec,.i Oorresnoudence Of the standard.

BUTTE, July 2l.-Une OF the most nota-
BILE and significant events in the history
of Butte was the opening OF the Butte
City Stock Exchange this afternoon. The
elegant new rooms on the top hoor OF the
Avalon building were at last completed
and the stock room appeared In regular
Wall street style.
Al one end of the wall is the raised
platform and desks for caller and secre-
tary, while in front is the pit for trading.
This pit was the subject of a good deal of
comment and the general impression was
that IL wal intended to confine Col. Cur
tbs.
Five hundred invitations had been is
sued 20 leading citizens for the reception
which ~inaugurated the call this afternoon.
As a consequence the stock room was
crowded all the afternoon. Some were
present from out of town, including
Charles Curtis. ID. J. Welch, =. w. Lang
horne, and Major j. j. Palmer OF Helena
and Clinton Freyschlae of Philipsburg.
Forty gallons of the rarest punch had
been brewcd for the occasion and formed
the staple of an elegant collation.. Solids
and liquids were dealt in a most
liberal manner by the committee. putting
everybody in good humor and bulling the
stocks. At 2:O O'Clock tue COLLATION. was
over, and Caller W. n. vigners raped Tor
OTUfr fuu aDDplfttu % " niuf Ut y"
&. Il. Booth a committee 10 escort Charles
Curtis of Helena to the platform. Amid
loud applause the Helena gentleman was
introduced and said:
THANK you heartily for the invitation that WAS
extended 10 myself rs well as To the utlIer eli.
zens OF Helena 10 I've present al the opening Of
the stock exchange. l have enjoyed greatly
your kind hospitality, AMI ] sincerely hope ana
trust thai this event may be the means al bring
las !" be .G H. bond m THAT shall Sihnd all Montana in
the matter Of finds; MANY good m'nes h,s
the magic touch OF the pfosI,ectors pick 10
bring them 10 public notice. This Is = great con
trast To the day when the prosptctof had ID pack
foo much is said Of seciionalism. IL one has
mines they should he laced IN The la ds ~ men
ready and willing 10 develop them, and Then ]
assure YOU that in the near future We viii make
this thu ~, aiesi mineral hell IN the country.
The right hand OF Is extended Over. ne
range. We know no such thing ms jealousy.
There should he no silly jealousy between the
two sides Of the range and ! hope IN future the
Interests OF the entire state will he regarded and
not one section alone. / personally come over
every week 10 see friends and shake hands. !
hope In the near future that we viii be able Ia
r~ciprocate Your Kind hospitality 10 us. ! hope
the citizens 81 this great city viii not allow the
board alone ocarry the burdens III this exchange.
I hope they viii show their appreciation not only
by fraternizing on such occasions al hospitality
as this. but by helping Ia pay the expenses OF
this board. think You have been particularly
fortunate " me selection oi yoas p,rs,"s and a ~
spected by all My friend. Your manager. needs
no words Of praise. Ills record ana his deeds
the United states you couId not have found a
better man To III this dclicate position.
Mr.. Curtis speech was quoted at ITO on
the stock board, and he received loud APP
the ~eloquence of Montana is not confined
TO the temporary %capital, introduced
George w. Irvine, who said:
Fellow citizens, eou~ntrymcn. Romans: ]
rant not here 10 talk. ! came 10 drink, There
fore You must excuse me from making any
special remarks. ! did not understand the toast
proposed by our chairman. Hut IL makes M diff
ierenes: would make NE SAME sls..ah anyway.
stock exchange. Those mines of Montana which
are legitimate alone deserve 10 succeed and this
exchange will soon separate the wheat from the
chan. by placing our own stocks ON our own
hoard we can show Ia the world the faith we
have Ia our own resources. The old timers think
there - nothing Ia this country. Bnt they nave
gone through, something more than mining.
They have gone through more than the Jackasses
You have my heartfelt sympathy and ! am
ready 10 lend any assistance In my power. What
limited means may he len 10 u man just out OF
Of life you must not expect Too much activity.
But viii give You everything except money and
activity.
President NJ. l.. Holland was called for
and returned brief remarks OF thanks.
The eloquent citizen. Col. John II. Curtis,
followed with these remarks:
Gentlemen; We congratulate you On this
event 81 our growing industry, which we hop.
Tor Yeas Ia present to Your consideration and
your pockets. In seven years Butte has grown
toa mighty city aud has given not only Itself
hut all Montana a prestige before the entire
world. Seven weeks ago this exchange Was
started on n small scale and the disparaging ne
marks OF the pessimiis. But with ' iguers for
our pilot aud Holland for uuf captain, We have
stsinmed the tide ot opposition. Now 'ENcclsior'
~ planted On our banner and victory IL ours.
The product 81 Montana is sto,0k.0o. az this
sum Silver Bow county produces Sb.Wp,up.
This comes fmin the silver ana copper which II
planted In our snow capped hills. The wealth is
Legitimate and moi fictitious. We extend every
sympathy Ia Helena and ASK them 10 come over
here and We will M their pockets with what they
haven't got. We PROPOSE Ia annex Helena a. an
addition 10 Butt You have a.0s' people and
would make q ere'lilahie suburb Ia our city of
55,00D.
The regular call of the exchange then
proceeded.