The "King of Exchange Place," Arthur Blake Thomas, 88, died of heart failure March 8 in Salt Lake City.

Mr. Thomas was active in precious metals, serving as president of Golden Age Minerals Inc., and was a member of the Salt Lake Stock Exchange where he began as a runner for his father's brokerage firm in 1915.Mr. Thomas was born Jan. 27, 1903, the son of Arthur and Maude Blake Thomas. He married Helen Claire Homer in 1928. He is a graduate of East High, where he served as editor of the Red and Black and also played varsity football. He attended Stanford University, where he studied chemistry and journalism while playing end on the Stanford football team. He played in the 1925 Rose Bowl against Notre Dame's famed Four Horsemen.

Following law school at Georgetown University, he returned to Salt Lake City and entered the precious metals mining industry. He managed an open pit gold mine on the Comstock Lode from 1934 to 1943 and later developed the Blue Star Mine near Carlin, Nev., from 1959 to 1966. He worked for more than 50 years with the Salt Lake Stock Exchange.

Graveside services will be Tuesday, March 12, 11 a.m., at Mount Olivet Cemetery, 1342 E. 500 South.