The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-12-11
AN UPWARD SHOOT.
A Marked Improvement in the
Stock Market.
BIG MINING TRANSACTION.
A Special Engine Takes $4,000 in Gold to
Iintic to Purchase Group of
Mines-NOtes

The stock market yesterday was more
lively than it has been for many day, and
the interest manifested has not been eX-
ceeded in any one day since Thanksgiving
holiday. The buoyant market was the re-
suit OF the enthusiasm of Nick Treweek,
who stepped into the pit for the purpose of
dealing in stocks, and he did it. He offered
10 ouy and sell stocks right and left; he
had Alice to sell al 81 20 and Alliance to
sell at $3.50 but no trades were made.
When Anchor was called, Carter had it to
sell at $3.50, but Treweek saw him better
and offered it at So So; there was a see saw
IN bids until TreWeek finally offered Az
chor at S6.6S and Davis took in 100 shares
at that figure. Apex came next in order
and when Treweek offered to sell at lie,
Van Buskirk nabbed 600 shares. The most
interesting feature of the days proceed
lngs was the scrabble for Barnes Sulphur,
OF which Is, 900 shares were sold at prices
ranging from &c. to &c. TreWeek picked
up 1000 shares of Barnes from Van Bus
kirk at &c. aud 1000 off Matthews at the
same hgure; he then created a sensation
by offering Sc. for l0, 900 more shares or &c.
for 10000. Conklin offered to sell 5000 at
|
then Conklin offered 5000 more at the
same figure and III onesixteenth of a
second Treweek had it. Nick was not yet
satisfied and kept fishing for Barnes and
when he raised his bid to &c Conklin let
him have another 5000 shares He
still wanted more but Conklin had
none to sell for less than &c. which some
what diversified Treweel1s idea of value
and the hammer fell on Barnes. Treweek
offered to sell Centennial Eureka at s444,
Congo at II cents or Daily at ST., as they
called, but there were no buyers: he then
offered to buy Glencoe at 20 cents, but none
! had that stock for sale. Determined to do
business, however, Treweek offered Cres-
cent at 20, then dropped to u and 20 cents,
when Davis came in and took 5000 shares
at that price. Malad was then introduced
in the ring and when Conklin wanted to
sell at cent and Van Buskirk to buy a5 l
cent, 1900 shares changed hands. Matthews
| then concluded TO unload on Malad and sold
Van Buskirk 900 shares at l cent. Conk-
lin then decided that Maad was good
stock to hold on to at the ruling price and
bought 1000 shares of Treweek at the same
figure at which he sold to Van Buskirk
Treweek offered S1.03 for 10000 ounces OF
silver and COnklin supplieJ his wants, and
when Nick wanted to double the number OF
ounces, Conklin agreed and 10000 ounces
changed hands.
At the conclusion of the first call, As
sistant Secretary Pollock called the ex-
change to order and announced that the
committee which had been appointed to Sc
cure timepiece had been so successful
that beautiful regulator now adorned the
walls of the exchange, the gift OF
L. Hollander. The announcement was
applauded and on motion of Vice President
Treweek resolution of thanks was ten
dered Mr.. Hollander for his liberality
The motion was unanimously passed anC
the secretary authorized to notify Mr.
Holiander Of the action of the exchange
The members highly appreciated the gift
and were loud in the concentrations
Following is the record of yesterday:
business: