Show UNLICENSED BROKERS Exchange Board ard Transacts Important Business The Th governing board of the Salt Lake Mining Stock exchange hange met yes yesterday yesterday yesterday afternoon and transacted im important important important business The schedule on rates of commission i sion was amended as asfar asfar asfar far as it related to stocks selling at 1 1 a share and up the object t being to toso toso toso so adjust the scale as to put local dealers in competition with eastern brokers the rate has been 1 per cent flat lint on the money in invested invested vested vestad on all aU stocks going at 1 1 and andover andover over oer a share and the change provides pr vides for a graduated scale as s follows Stock selling at 1 to 10 1 1 per cent Stocks selling at 10 to 20 21 20 per percent percent percent cent Stocks selling at 20 and up k per percent percent percent cent Another important matter to receive attention was the indiscriminate Indis trad trading trading trading ing practiced on the curb curlu A resolution was passed requesting the committee on rules to enforce the same rules on the curb CUb that apply to transactions on change namely that brokers and members of the exchange trade only with licensed brokers and members The idea of this action is to put a stop to the trading now made possible be between betweEn between tween anybody on the street ned and the evasion commissions It is argued arg that outsiders outsider should be compelled to io do their business with those who pay nay a license and anI help to support the ex exchange exchange exchange change with their membership dues to the end that the men who pay to t car carry carry carry ry on the business may receive r Ive just remuneration At the solicitation of the deputy d col collector collector lector r It was also decided to rOD vt the I names of nf those who are arf daily e lag ing on a brokerage business on the street without i j rIng ying a license The governing board awake and a gen general general general eral shaking up i l I 1 along the line Une Is 13 s promised |