Wales, Utah. The small mining town of Wales was named for the country of the immigrants that were sent there by Brigham Young in 1859 to mine the ârock that burns.â An Indian named Tabiyuna, a prominent Ute, had showed Young a small sample. Young knew it was coal and asked if any of his group knew how to mine the coal.
PITA definition: A round flat bread of Middle Eastern source which can be exposed to form a pocket for completing. Also referred to as pocket loaves of bread.; any one of several plants regarding theâ¦
DEFINITION of 'Pit'. A specific area of the trading floor that is designated for the buying and selling of a particular type of security through the open outcry system. In the pit, brokers match customers' buy and sell orders through shouting and hand signaling.REAKING DOWN 'Pit'. Pits, also called trading pits, have an octagon shape with several tiers to improve visibility. Brokers show their brokerage affiliations through their jacket colors and badges. Clerks take orders by phone or computer from customers, and runners transmit orders between the clerks and the brokers.