Show CLEARING HOUSE FOR GOLDFIELD CHANGE Enable It I to Bete Better Cope With Will Great Volume of Business The Gol ld Muting Mining Stock exchange ox- ox change is II to e establish a hou house clearing c similar in operation to a bank clearinghouse clearInghouse clear clear- clear I I house ing-house through h which all ai al I transactions I bits lons on tho the floor of the te exchange will wll wi IH pass PaS S K E. J P. P Hufferd who vho has lias had hud several sc years years' experience in lit time the hu business burl busi l- l ness tiers will wf have charge It I not yet he been en decided ed b by the governing board whether the system will wl be Installed at once or 01 a await completion of the new neu building If TI I it ft Is decided to Inaugurate rate rte tho the new system now stow temporary offices will wl have ha e to bo be le secured as there arc are no UI accommodations in the room i 1001 now being used ly by the exchange Mr 11 Hufferd has bc m connected with the thc Colorado Color Springs Spring exchange for fOI nine yea years eU re He resigned his position tion tOI as caller call there to go to Gold Gold- Held He lie lc arrived Sunday night Ju Justas Just Justas l la as a soon toon as he gets get the swing of or things he heyl will take the gavel gaxel ct A and serve seive th the exchange as caller calel until the board loard is h ready to start the clearing clearing house The Time principal J vantages advantages to be he gained b by doing business through a a cl house clearing are alC that thal tran transactions house will vIlh wf be greatly expedited and it will wi he be jc possible to to tu 10 do a much greater volume 01 vol vol- trifle ume Une of or business on arm the same capital It I will wf also reduce the clerical furco j I in the tIme brokerage offices and every I broker will wl know exactly where he stands at tho the close of or tho the days day's busi busi- ness The Fhe only onh serious obstacle to be overcome is some of the companIes companies com corn Ilat whose stock is listed on the exchange do o not maintain transfer fer of offices of- of fc in and arid the exchange m may my have to make that one of or the tha conditions of uC listing w Exchanges Exchange's J cs c's Great Bu t. jl As t Indicating the importance of or the exchange tho the ronicle C of or that cl city makes the following com comparisons com com- The Tho largest days day's sales gales on th tho COlorado Colorado Colo ColD rado Springs Mining Stock association during the time Cripple Crock Creel boom were Th The Tho largest f t days day's tao sales alos on tho Limo och exchange ng mbel m- m her ber S 8 8 WCO were The est weeks week's 8 sales were forthe for tor forthe the eek week ending November Novt 10 amounting to an avera average average aver aver- a age e for the week of oC 72 75 The big lay day a on the tho ld exchange ex cx- et- et change was as niop than double the high sales for one day on 01 the Colorado Springs s exchange l I |