Business & Finance: Twin Cities

In the Roanoke Building, Minneapolis, opened last week a new Minneapolis-St. Paul Stock Exchange, formed chiefly for trading in issues not listed elsewhere. A total of 1,288 shares was sold during the first day’s trading, such famed names as Munsingwear (undergarb) and Pillsbury (flour) appearing on the list. There were 44 stocks dealt in by 41 traders. Exchange officers are: George F. Piper Jr., president; W. W. Eastman, first vice president; C. O. Kalman, second vice president; Neil P. McKinnon, secretary.