Salt Lake Stock and Mining Exchange Building explained

Salt Lake Stock and Mining Exchange Building
Coordinates:40.7617°N -111.8892°W
Built:1908-09
Architecture:Classical Revival
Added:July 30, 1976
Area:less than one acre
Refnum:76001830

The Salt Lake Stock and Mining Exchange Building in Salt Lake City, Utah, is a 2-story Classical Revival building designed by John C. Craig and constructed in 1909. The sandstone, brick, and cement building includes four large Ionic columns supporting a pediment above a denticulated cornice, and the pedimental imagery is reflected in lintels above the six central door and window fenestrations. The building was added to the National Register of Historic Places in 1976.[1] It is also a contributing resource in the Exchange Place Historic District.

The Salt Lake Stock and Mining Exchange Building was constructed on a site donated by Samuel Newhouse in 1908. Newhouse intended to develop a major financial center that would rival other exchanges in larger cities,[1] and some members of the Salt Lake financial community did not support a shift from the 19th century roots of the exchange.[2] During construction of the new exchange building, a competing exchange was organized and operated briefly in the Atlas Block (demolished) under the name, Utah Stock and Mining Exchange.[3] [4] The Salt Lake Stock and Mining Exchange occupied its new building from 1909 until the exchange became defunct in 1986.[5] In 1972 the exchange was renamed the Intermountain Stock Exchange.[1]

Notes and References

  1. Web site: [{{NRHP url|id=76001830}} National Register of Historic Places Inventory/Nomination: Salt Lake Stock and Mining Exchange Building / Intermountain Stock Exchange ]. National Park Service. A. Kent Powell . Allen D. Roberts . April 16, 1976 . May 30, 2019. With
  2. The first Salt Lake Stock Exchange was organized in 1873. See News: Salt Lake Stock Exchange . The Salt Lake Herald . Salt Lake City, Utah . July 8, 1873 . 3 . May 29, 2019.
  3. News: New Stock Board is Seeking a Location . Salt Lake Telegram . Salt Lake City, Utah . February 4, 1909 . 6 . May 29, 2019.
  4. News: Utah Exchange Closes Affairs . The Salt Lake Herald . Salt Lake City, Utah . February 5, 1910 . 8 . May 29, 2019.
  5. News: Trading in the Old Ways - Spokane Exchange Hopes to Attract Non-Mining Issues . Robin Updike . The Seattle Times . Seattle, Washington . June 15, 1986 . D1.