Show NEW STOCK EXCHANGE FOR LOS ANGELES special correspondence los angeles july 28 1906 As evidence of the growth in southern california of mining stock brokerage the broadway mining stock exchange has been incorporated and now occupies the ground floor at south broadway the new quarters provide square feet of floor room and this gives to the new exchange the honor of occupying as ab large and pretentious quarters as any similar organization in the united states the incorporators of the new exchange exclia are frank G tyrrell a prominent mining attorney of this city formerly of st louis mo B M blythe a mine owner of tonopah To who is also heavily interested in manhattan and goldfeld Gold eld and H H mccord a prominent local mine owner owned the charter will be obtained under the laws of california and will provide for a capital stock of the membership will be limited and the price of membership will be the for membership will be the same as those of the san francisco stock exchange board and the wall street mining exchange of new york and the rules of these exchanges for listing stocks and for the government of the exchange body will be adopted by the broadway mining and stock exchange this will place the organization on a conservative basis and will guar guarantee antee its conservative and successful operation the facilities of the new exchange it is claimed will be unsurpassed by any organization of its kind in the country expediency in making transactions will be the mo motto tto of the new body and in order to accomplish com this end stub wires will be run into the exchange an operator employed and the sales isales as made at S san an francisco as well as salt lake city will be announced double daily service will be had from new york and boston on all of the leading mining stocks such as calumet hecla greene copper U S consolidated trinity amalgamated ga mated anaconda and butte coalition in fact the mining stocks traded in on the new york stock exchange will be supplemented by all of the active curb stocks thus giving the new exchange a wide scope for business local bonds and stocks banks telephone companies will be dealt in the exchange will adopt what is techi cally called a board call which means that the caller will announce the stocks from large blackboards an important innovation in connection with this exchange will be the operation of a bureau of information this will be in charge of the secretary of the exchange and will be intended to educate the public in regard to mining terms the question of correct organization of 0 companies will be explained and working models of stamp mills milis and mine workings such as tunnels drifts dinzes and shafts will be shown lectures by eminent authorities on mining and organization and the business of practical mining will be held at least once ance a week |