Arshad al-Umari 1945. On April 26 the San Francisco Conference consisting of 50 nations met to discuss the draft of the United Nations Organization. al-Umari, the head of the Iraqi delegation, in protest against the apparent intention of the great powers to partition the British Mandate of Palestine into a Jewish State and an Arab State, refused to sign the charter and left the conference returning to Iraq on June 13, 1945. On June 26 the Charter was signed. Dr. Fadhil Al-Jamali signed on behalf of Iraq. After his return to Iraq, al-Umari resigned from the cabinet as Minister of Foreign Affairs
San Francisco Stock and Bond Exchange founded in 1882 on September 18, in a basement in San Francisco. The exchange was founded as the San Francisco Stock Exchange. On September 18, twenty-five brokers met in the basement of Wohl & Rollitz, which was at 403 California Street in the old Fireman's Fund Insurance Building. Of that number, 19 signed the charter and deposited $50 to purchase memberships. The first president was John Perry Jr. It had nineteen charter members, who called it "the Local Security Board." The first year of business, transactions totaled $9,490,621. After the World War I stock market shutdown that started in July