San Francisco Mining Exchange

rdf:langString San Francisco Mining Exchange

rdf:langString San Francisco Mining Exchange

rdf:langString August 1967

rdf:langString The San Francisco Mining Exchange was a regional stock exchange in San Francisco. Formed in 1862 to facilitate the trading of mining stocks as the San Francisco Stock Exchange, the Chicago Tribune described the exchange as "once the West's most flamboyant financial institution." It sold the name San Francisco Stock Exchange to the San Francisco Stock and Bond Exchange in December 1927 and was renamed the San Francisco Mining Exchange. The exchange agreed to deal solely in mining securities as part of the same deal, and also sold its building at 350 Bush Street to the San Francisco Curb Exchange. After years of ups and downs in the mining market, the exchange had "a second life" during the uranium boom of the 1950s. By August 1967, it was located in second-floor offices on Montgomery Street, at which point it was the smallest securities market in the United States and had suffered "years of lingering legal and money ailments." The exchange closed at the age of 105 in August 1967.

rdf:langString Minerals and natural resources