OCR Text |
Show CHICAGO STOCK EXCHANGE OPENS Chicago, Nov, 23. The Chicago stock exchange opened Its doors todav and trading resumed where it stopped July 30, when, with other big trading centers the exchange closed because of the European war. The Chicago stock exchange Is the first of the broad official markets in securities throughout the world to resume operations Tho closing figures of Julv 30 were being taken as a basis for transactions and in the first ten minutes 100 shares of various stocks changed hands. Although the exchange has been closed since July 30, stock deals have been transacted by the members since August 14. through the medium of a trading committee which authorized j transfers of stocks at figures higher than the July 30 prices. The first transaction was a sale nf ten shares of St. Paul stock on the same level as the July 30 close of New vork stock exchange. Stocks traded in the first half hour were Union Carbide. Car-bide. Peoples Gas and Canal and Dock. Of the strictly local stocks union Carbide was tho most active Gelling at 16 points above the July 30 closing figures. Other stocks were well above the July 30 close. There was no ceremony connected with the reopening of the exchange and the only sign of unusual conditions condi-tions was a touch of color In the form of a red carnation which each member wore in his buttonhole. There was a dearth of big selling orders or-ders and a surplus of buying orders which could not be filled. Holders did not appear to be anxious to din pose of their stocks. oo |