The San Francisco Mining Exchange was a regional stock exchange in San Francisco that operated from 1862 until its closure in 1967.
Formed in 1862 to facilitate the trading of mining stocks[1] as the San Francisco Stock Exchange,[2] the Chicago Tribune described the exchange as "once the West's most flamboyant financial institution."[3]
It sold the name San Francisco Stock Exchange to the San Francisco Stock and Bond Exchange[4] in December 1927[5] and was renamed the San Francisco Mining Exchange.[2] The exchange agreed to deal solely in mining securities as part of the same deal,[4] and also sold its building at 350 Bush Street to the San Francisco Curb Exchange.[1]
After years of ups and downs in the mining market, the exchange had "a second life" during the uranium boom of the 1950s.[3] 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."[3] The exchange closed at the age of 105 in August 1967.[3][6]
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^ ab"Stock Sales Jump in San Francisco; President of Exchange Shows Increase of 160 Per Cent in Turnover in Year". New York Times. November 4, 1928. Retrieved June 1, 2017.
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