The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-11-16
NEW EXCHANGE IS
FORMALLY OPENED
Traders Get Down to Business
i'm New Home Without Much
Flourish.
PRESIDENT !. A. P0LL0Ck'S
OPENING ADDRESS
Samuel NewhOuSe, Who Donated
Site, Sends Congratulations
by Wire.

salt Lake's long-drcamcd of and
hard worked for mining stock exchange
is at last a reality; n permanent, mon
umcntal reality; one Of which Salt Lake
City, the state of Utah and the entire
western country may well feel proud
aud Que which reflects glorious credit
upon those who have made IL possible.
The opening Of the new exchange
Monday morning was without display
or ostentaton, an address by President
james a. Pollock beng the only feature
outside of the regular trading \
number of visitors were present, and
throughout tho day the structure was
admired by those whose interests will
not take them there as often as those
who are regular traders, The acoustic
that could be desired, though IT is
thought that by rc-arranging TO some
extent this difficulty will he overcome.
Presidents Address.
President Pollock in officially rcceiv-
ing the new structure on behalf of the
exchange members. sad
- As the president Of your association
and IN the name and on behalf of
The finance and building committee and
the board of governors, | have been
given the high privilege of receiving
'uio nldSHlucfuJ StlDFJnrc, and now IN
my turn | have the distinguished honor
and pleasure of presenting this building
10 The members for their use and bcuc
nj hereafter, That this plan. cherished
by me for nearly twenty years. has been
accomplished during my Incumbcucy as
president of your ASSOCIATION nils my
heart with rare pride, but this feeling
Of elatlou Is tempered by sense of
deepest gratitude. | am grateful for
H. hu, 1,-,N. H. IL.
the eDdeavor to bring TO such success
ful and satisfactory conclusion this
great enterprise. | am grateful in The
lrst instance and in the highest degree
10 that broad minded man and public
spirited citizen, Samuel Ncwhouse.
whose muni6cent gift of the land upon
whieb this building stands gave us the
nucleus for the projection OF this un.
dertaking,
Praise for Committee
am grateful 10 the finance and
building committee for their unselfish-
ness in giving 20 freely of their time
and energy in the work required. TO Sc
cure the finances for the building and
their ready and careful attention TO the
later duties involved. 7 am also deeply
appreclaiive of the confidence DISPLAYED
oy the governing committee aud their
prompt aud cordial support, without
which our success would have been i'm
POSSIBLE. In cougratulaiing ihc mem.
berS OF The exchange on the completion
OF their building, wish TO add my sin.
ccre gratitude for the hearty and uuanI.
mons support given bv them,
~ also seems Citing 20 me to make
mention of the men whose names havo
been connected with the building, Mr..
,,raig. the architect, and Mr.. Armstrong.
INC contractor. and TO express our
nd A 4
heir splendid work, We have superior
edifce here. one that is second to noue
N the country for the purposes for which
1t has been designed II stands as one
of the. notable buildings of the city, in
stl1ct keeping with the magnificent mu
nlcipality which is now in progress OF
iormatlon about us. and such striking
settlng Tor the future activities of the
exchange should serve as u constant in
splratIon to every member of this insti
tuition, arousing the enthusiasm and dc
termination of all 10 safeguard the good
uamc and integrity of the association.
Stand High in Country.
At this time we stand at the head
of the mining stock exchanges of the
country In volume of business ard rep
u'atlon. Having reached this point. let
MS maintain il. Let MS always remcm-
Der the objects of our association as
jaid down In the preamble of our con
stitUtlou, part Of which 7 quote: sFor
the purpose of inculcating lust ana
equitable principles in trading, estsb
lishlng and maintaining uniformity in
trading us3Ges. acquiring, preserving
and dissemi mating valuable business in
formation. especially as the same bears
upon the mining industry OF the west
ein states. II we live and act bv
this standard. we VIII fulfill our duty
~ nd al
confidence or the great public who look
TO US for. guidance: In one way only
can we cherish and enjoy this resnoct
and confidence and that is BIZ the proper
conduct Of the affairs of this institu
tion,
"Op the frontal Of this building
carved IN enduring stone, is the title
ot NJ TINS association. Salt Lake Stock and
Mining Exchange Let each of us here
and now. solemnlv resolve that this
name shall forever stand for two words,
honor and integrity. ! have the plca
sure of wishing each member of this
board "A long. successful and hap.
py career.
Telegram From Newhouse.
samuel New house. who bv his prince.
~ dopatioD of a suitable site. started
the erection of tho new exchange on
rs way, wired his congratulations on
being dated at New York City:
ITO the president. governors and
members Of stock exchange: Sincere
congratulations upon the OPENING of
Your beautiful new building. the result
OF the courage of seventy of Salt
Lake progressive citizens We are
entering upon an era OF great business
prosperity. in which our citv and stafo
will share with the rest OF the patton
All hail to YOU
Mitchell Van and Storage Co. re-