after closing for four months during a financial crisis on july 30, 1914, the president of the exchange board of directors announced on december 4, 1914, that the st. louis stock exchange would open the following week. in a meeting on december 7, the governors of the exchange had a special meeting and voted to resume trading in stocks unanimously, with price restrictions and after assurances that bankers believed the financial situation had improved. the meeting noted 180 stocks made public, out of the 565 issues on the board. a statement from the exchange's committee of five asserted that the exchange would open again on saturday, december 12, with hours resuming between 10 and 3 o'clock each day except saturday, when dealings ended at noon. on the reopening, the "times" reported that "opening prices were steady and demand for high-grade securities good."