The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-07-13
One Hundred and Thirty-eight
Thousand Shares Sold.
1T WAS AN EXCITING SATURDAY.
Treweek and Bamberger Try Each Others
Mettle- Wampler Backs up Malad-
Utah OIL Great Flyer.

The stock exchange has much to congrat-
ulate itself over.
Durlug the hottest week of the year it
did the largest business in its history.
Secretary Pollock Congratulated himself
very cordially for the big showing and the
members of the stock exchange felt as if
they were yet to cut a big figure among the
stock exchanges of the country.
Salt Lake city is certainly destined to be
come the mining capital of the inter noun
tain country. 1t is admirably located mid
way between the Colorado and Montana
and Idaho mining districts and convenient
distant day the Salt Lake stock exchange
will make the quotations for the Pacific
slope and stand second on the continent,
second only to New York. What the Oil
city exchange was to the petroleum
market and more too, the Salt Lake stock
exchange should prove to the mining in
dustry. Indeed standing as it does among
the great mines of the country and thou
sands OF miles from New York it has the
same local prestige over the mines that
Chicago enjoys over the products of she
farm. As Chicago makes the quotations on
wheat and pork for New York and the rest
of the country, so it is in the province of
this city to dictate the prices on American
mining stocks for the rest of the word. 1t
is here that the great mining capitalists are
congregating, allured by the charming
climate and this fact with the natural geo
graphical location gives it the command OF
the situation. Toseize this goldenopportunity
and forge the forces that will give it SD
premacy orer the mining industry of the
country is the important duty entrusted to
the stock exchange.
10 establish the exchange on a high,
honorable basis, so that its transactions
may meet the approval of the other ex-
| changes of the country is imperative to
success. Trickery and unfair dealing and
trat1cklng IN stocks known to be worthless
to rope in few victims, while it may be
looked upon as smart, it will nevertheless
reflect against the integrity of the ex
change. There is enough hazard in buying
any kind cot stocks without resorting tC
listing stocks which are known to be with
out merit. Keep the list clean and those
stocks which are purely speculative shoulC
have the merit of prospective strikes.
Yesterdays BIG BUSINESS.
Bamberger and Treweek met in thu
arena of the stock exchange yesterday likt
two gladiators.
The battle opened with Apex, BAN
berger dealing a heavy blow of 800
shares, which Treweek accepted with goot
grace at 10 cents. Kullak came in for
small lot of 800 shares at the same price
while jackson parleyed with 600 shares a
1917, which Treweek credited ON his card
Bamberger sold 500 at 1879 to Treweek ant
$500 to Stevenson at the same price. Thel
Bamberger made another assault at Ire
week with three times LOCO and 800 NOR
at 1879.
! yVbon parnac Su1pb,r 1,,ac caIIed Ram
berger's eyes flashed fire and he rushed a
Treweek with 1000 shares at 10. Davi
here turned in LOO shares at the sam
figure, when BAN berger piled sulphur in s
hot and fast that Treweek felt that he wa
getting all the shares of hades. Before tn
: call was turned Treweek had bought IL, 10
} shares at 10 and 5000 at 1515.
King CoDkling wore the Crescent 60
shares, of which he sold to Kullak at 80
30Oto Bamberger at the same price, Will
Kullalz let go his 600 shares to Bamoerge
) at 80 cents.
, Bamberger, Davis and Stevenson KEEP
piling Malad on Wampler's shoulders, bu
the herculean frame of the pig belize
swimmer never sagged. While they SUI
ceeded in breaking the market to y.
) Wampler gave them areactionary take tina
, sent it up to 81, at which price it closed.
Glencoe had but couple of deals, Ban
berger buying 100 from Treweek at SD
and 400 from Stevenson at S1.40.
S Treweek and Bamberger again locke
1 horns on Utah Lime and Cement compan
stock, Bamberger buying 300 at IS and q
, at IS. 80.
There was big play at Utah Oil, but
9 was mainly among the stockholders. WI
probably enjoyed it greatly, though the on
siders did not dabble. The stock opened
, 30, dropped to %, regained these point, sol
at 80, bidder 30, and closed at 81 y. The me
who did the batting were Kullak and Tr
3 week, while Bamberger and Wample
g worked in the field. 1t was game of ii
teen innings and 22,500 shares change
hands.
4 The following was the record of the da,