Salt Lake Herald-Republican | 1919-04-13 | Page 12 | New Mine Mart for Tonopah

I w NEW MINE MART FOR TONOPAH AU Was Vas Talk Tak of Removing Exchange Exchange Exchange Ex Ex- Ex- Ex change From San Francisco Fraucisco Frau Fran cisco to Reno There has been talk of removing the San Francisco stock exchange to Reno owing to the great prominence Nevada Issues have ha recently assumed also of ot starting a new mining exchange at the great silver slI camp of or Tonopah Along these hese lines line the Winnemucca Star Ba says s 's A rumored plan of ot bringing the stock exchange from San Francisco is utterly Impossible according according- to an announcement announcement announcement announce announce- ment made mado b by several se prominent ruin ruin- lug officials says tho the Reno neno Journal It Is the contention of tho mining men that It would cost more than to bring the exchange to Reno and that the buying and trading of New NewYork NewYork York Yore antI and San Francisco would surpass surpass surpass sur sur- pass those of Nevada e trading to a a. great extent which would cause causo the market here to 1 be e a failure During the thc GoldfIeld mining mining- boom a n. astock stock exchange was opened in Reno Heno After Arter a years year's operation the exchange e was forced to close There Is lots of talk In Tonopah that thata a a. stock stocIe exchange will be he established I there and it it- itis J is ig within the range of probabilities that It will be In operation operation opera opera- tion Inside e of ot a a- month Some strong strongmen strongmen strongmen men are said to be bo behind the proposition and thc they will spare no expense or energy to make It a n success As it is 18 now most of or the Tonopah stocks tocks are at the of oC a n. t. t coterie of oC San Saz Francisco brokers brokel and they manipulate tho the market for th their Ir lr own n aggrandizement says saVa the Carson Caron Ap Ap- peal Last week they had a tl pretty scheme put up whereby the they expected to lo make a neat haul U by shorting aborting a couple af at tho the D Di Divide i e stocks but the tIme news non's having having- leaked a n lot of or money was wag sent from Tonopah to tho the elt city to hold up ui the stock and tl tho result was the time San Franciscans Cre trimmed for fOI a neat sum