Los Angeles herald., 1905-05-07
MINING STOCK
4 EXCHANGE OPEN
INAUGURAL ADDRESSES BY
LEADING OFFICIALS
LIST OF FIRST DAYS SALES
New Enterprise Launched In Presence
Of Large Crowd-5rlqht Pros
poets for Increase Of Busi-
ness for This City

Promptly on the stroke of 1880
Saturday the Los Angeles Western
Mining Stock exchange began business
at 119 West Fourth street, in the He'll
man building, in the presence of near
ly every member of the exchange and
scores of citizens who had assembled
to witness the initial proceedings. The
room was crowded to the doors.
Short Addresses
President II. G. Goodhue delivered the
opening address, calling attention to
the purpose of the exchange and stat
ing that the membership extended to
Nevada, Utah, Arizona Colorado, New
Mexico and as far east as New
York.
First president U. S. G. Todd
said he was proud to state that the ex-
change was able to open on time, and
gave special credit to Senator Joseph
and j. d. Reavis for energetic work in
establishing the enterprise. He added
prove a success
Second Vice-president J. Donnan
Reavis deemed 1t an honor to speak
on such an important occasion. The
purpose of the exchange was to trans
act a general business in handling
mining stock, to separate the good
from the bad, to establish a legitimate
business and not in any sense become
the tool of any person or clique.
Mr.. Doubleday, of San Francisco,
predicted a successful career for the
new exchange as it would establish
stable prices for mining stocks and
In this section considerable business
would come from the Goldfield and
Bullfrog section. Mr.. Doubleday said
that he knew that 100000 worth of
business had already come to Los An
geles as a result of mining operations
ir Nevada.
Frank A. Seabert of the South
western Securities company said that
the opening of the mining exchange
was another evidence of the growth
and development of Los Angeles, and
added Now that everything is in
readiness for business. the caller and
market in place, just let 'er go!"
List of Sales
Immediately the official caller,
Charles e. Berry, late of Denver, Colo,
began the call of the listed stocks as
shown on the black board and rapid
sales were recorded. Intense interest
was manifested from the start.
During the initial session sales were
recorded as follows: g..
1000 Bullfrog, 81; 500 Biillfrog, SO 1-2;
500 Bullfrog, SS; 1000 Belmont, $50, 25;
100 Belmont 20; 1000 Bullfrog Natt3n-
al bank, AZ; 1000 Black Butte, 35; 1000
Con. Mercur. Al 1000 Columbia, al;
1000 Dixie, 81; 300 DAILY West, 1900;
1000 Goldtield Of Nevada. 33; 1000 Gold
Mountain, IA 1-2; 1000 Gold Bar, 40;
1000 Gold Bar, Al 1-2; 5000 Gold Bar
Al; 1000 Gold Bar, $50, 40; 1000 Jim
Butler, 90; 500 Jumbo, rs; 1000 Lone
Star, II; 1000 MacNamara. As; 100
Montana Ton. 800; 100 Montana Ton,
S.1g 500 Montana Ton, $40; 1000 North
Star, 60; 500 Ohio Ton, 81; 1000 Original
Bulfrog, SO; 600 Sandstorm. 81; 100
Sandstorm. ST ga; 100 Sandstone, 81
IA: 1000 silver Pick, II; 5000 Steinway
20; 1000 Nevada Southern, 09 IL; 10000
Montana Bullfrog. IS; 1000 Montana
Bullfrog. IS 1-2; 1000 Simmerone, rs:
1000 Eclipse. 35 1000 North Star. So;
5000 Am. Gold, OF: 1000 Gold Bar (b60).
40; 1000 Golden Cash, o.; 500 Midas, 06
----o =
Chamberlain's Cough Remedy the Best and
Most Popular
Mothers buy it for croupy children
railroad men buy 1t for severe coughs
and elderly people buy it for la grip
pe," say Moore Bros. Eldon, Iowa.
1--WE sell more Chamberlain's Cough
Remedy than any other kind. 1t seems
A.. trlrn tl,n lnad rnH