v3381-552

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34-7870

UNITED STATES OF AMERICA

Before the

SECURITIES AND EXCHANGE COMMISSION

April 22. 1966

In the Matter of

SAN FRANCISCO MINING EXCHANGE

File No. 10-38

Securities Exchange Act of 1934

Section 19(a)(1)

ORDER

WITHDRAWING

REGISTRATION

OF NATIONAL

SECURITIES

EXCHANGE

Proceedings were instituted pursuant to Section 19(a)(1) of t

Securities Exchange Act of 1934 to determine whether to withdraw the

registration as a national securities exchange of the San Francisco

Mining Exchange .

Hearings were held after appropriate notice, the hearing exami

submitted a recommended decision, exceptions thereto were filed by t

San Francisco Mining Exchange and the Division of Trading and Market

the Commission, and oral argument was presented to the Commission.

The Commission has this day issued its Findings and Opinion

herein; on the basis of said Findings and Opinion

IT IS ORDERED, pursuant to Section 19(a)(1) of the SecuritieBi

Exchange Act of 1934, that the registration as a national securities i

exchange of the San Francisco Mining Exchange be, and it hereby is,

withdrawn, effective et the close of buslneaa April 29, 1966.

By the Commission.

Orval L. DuBois

Secretary

I

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