The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-08

The mining market opened up in line
shape yesterday, and while but little
was done in the listed stocks, the un-
listed shares came in for goodly
amount of attention and encouraging
advances in these were noted.
The attendance in the pit was I'M
usually large for Monday, and the
market was strong for the first of the
week.
But little business was transacted
in the regularly listed securities. In
fact, no transfers were made in these
and the quotations OF the previous call
remained practically unchanged; and
yet these stocks were quite firm and
some of them noted slight gains in the
offerings, among the number being
Mercur, which, although stationary in
the bids, developed a noticeable up
ward tendency, and on the streets
after the call sales were recorded at
quite an advance over the morning
quotation. Bullion-Beck was also in
good demand but failed to chronicle
any gains, and yet the stock could
not be touched at less thar the lowest
offering. Mammoth was another Sc
curity that was held at higher figures
than, at the close of the call on Satur-
day last, and although it is believed
that this stock will not pay another
dividend for a month or two yet, close
observers are preparing to lay in a
block of Mammoth as soon as they
are convinced that it is not likely to
go any lower than at the present quo
tation. Ontario fell off a little in the
bids, but in the offerings it was firmly
held. Silver King was in good de-
mand and at advancing figures, but
even this failed to draw out any of
the stock Sunshine was a little
stronger in the offerings, but the de-
mand was at a very low ebb; in fact,
il was the lowest bid that has been
made as yet for the stock.
The interest of the call, however,
was centered in the unlisted stocks,
and while these were being called some
advances were made that set the talent
to thinking, and it is believed that be-
fore the close of the week several
other surprises will be unfolded to the
wondering gaze of those who have for
some time constituted the bear ele-
ment of the pit.
There was a change for the better
in Swansea, which was much stronger
in the bidding than on Saturday last,
while in the offerings it added 10 cents
to the closing quotation of the previous
call. The excitement was at a white
heat, however, when the bulls tossed
Northern Light up to 60 cents in the
bidding, and the sale of the stock at
this figure, which was a gain of 10
cents over previous quotations at
which this stock had changed hands,
was a surprise to many of those pres
ent, and it is the general opinion that
this stock will continue to make steady
gains from now on. Dalton also made
a good showing and chronicled sales
1T cents d share. Buckeye was
general favorite and made advances
in the bidding, but holders were not
slow by any means and advanced their
offerings propOrtionately South Swan
sea developed strong upward ten
dency, both in the bidding and the
offerings, and at the close il was quoted
at $l-35 bid and $1.60 asked, and it is
stated that in the afternoon a block
of the stock changed hands at the
latter figure. Lucky Bill also made
gains in the bidding, but buyers could
not touch the sellers with a 20-foot
pole, and both Will have to get nearer
together if they wish to transact any
business. Sunbeam failed to attract
much attention, which fact is most
pleasing to the bear element that let
go of blocks of this stock a week or
two ago with the expectation of buy
ing later on at reduced figures. Sacra-
mento exhibited greater strength than
at the previous call, but this stock
did not chronicle any transfers.
The transactions of the day were as