The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-04-17

Yesterday was a hot number on the
hocr of the stock and mining exchange
and nearly all of the listed stocks de-
veloped skyward tendency.
Especially was this the case with
Mammoth, which created a great stir
IN the pit when it sold at rapidly ad-
+, Nancing figures with practically no linn
1t in view. The stock opened with a
bid of S235, and the first sale was at
$265, which then was the highest mark
attained by this stock since the open
ing of the exchange. The next sale was
at s2.75, and the bears fed the pit when
a sale was finally consummated at $3.50.
After call Mammoth was still more ac-
tive and at shutdown it was advancing
at 1850 gait, and a number of sales
were chronicled at So.
Mercur also made good gains and
closed with a sale of 100 shares to its
credit at $7.O215.
Bullion-Beck was acpive in the bid
ding and made rapid advances, but
buyers and sellers were too far apart
for the transaction of any business.
Daily was also lin the SWIM and
was IN good demand at steadily ad-
vancing figures. the call closing with
bid of $7.65; offered at s7.95.
Daly-West continued to move up
ward and there was considerable in
quily for this stock at good figures. In
the asl1ings Daly-West stood almost
SIDE by side with Daily, but could not
quite keep it company in the bidding.
Eagle made a slight gain over the
quotations of the day before, and sold
readily at 14A cents.
There was a good demand for Galena,
but repeated bidding failed to bring
out any Of this stock at any price.
Geyser was somewhat firmer in the
biddings and askings. but no trading
was INDUCED in.
When Ontario was called, the bulls
made a rush and fairly captured the
Dit. and when the call closed it was
found that this popular stock had been
Fossed from $3.50 to S14 in the bidding,
with no offerings made.
Silver King enjoyed similar eXper-
fence and closed strong at $3.50 bid
and $16.75 asked.
Sunshine was stationary at $3.50 bid;
offered at $685.
Of the unlisted stocks, Little Pitts
burg was fairly active at "a cents,
1000 shares changing hands at this
figure.
The ten shares of Provo Wooden
mills stock that have been banded
about the pit for the past two weeks, |
found a buyer yesterday, and the |
seller is happy, and so is the caller
Dalton created considerable furore |
and among the unlisted stocks was a |
strong rival with Mammoth for popu- |
larity. Starting at cents bid a sale !
was soon consummated at s, and from
this on the bidding was active and at |
tended with a great deal Of excitement.
From cents to 9 was but short step.
the last sale being at 92z cents, the
call closing with a bid of S7s.
Natural Gas was in demand at Z
cents, offered at s, which is the regu-
lation quotation for two weeks past,
which shows that the fake reports re-
Gently circulated about the gas wells
had not shaken the stockholders of this
company in the least.
Morgan. of Park City. made trans
fer at Is cents; while its Hardscrabble
made decided gains in the
bidding and was held at a good figure
by sellers.
At the opening of the call Judge Col
burn stated thst Vice-P President G. S.
Holmes wished to address the mem
bers of the exchange. Upon taking the
stand Mr.. Holmes announced that on
The 2Sth or 29th an excursion of hotel
men, accompanied by their wives. and
numbering in all from 800 to 400. would
arrive in the city. The party was to
,e driven around the city, taken out
o Saltair and finally was to be ten !
Tered a concert in the tabernacle. To
lelp along this good work, Mr. Holmes !
eauested the assistance Of the mem
,ers of the exchange and from all :
the brokers will respond :
iberally to the appeal financially and /
.herwise.
Allusion was also made to the ines i
Unable value Of the chamber of COM S
1erce and to the fact that it was near i
IS final end on account of a lack of q
upport. c
How many members are there?"
sked Mr.. Holmes. S
about $50" replied Judge Colborn d
Don't they nay their dues?'' - e
3ined Mr.. Holmes. n
.'They do if they don't forget IT." Ii
aid the judge, and" he went on. r
we should form funeral procession, S
18th coffin in the hearse. and saw a
his is the Salt Lake chamber of com b
lerce- Hundreds of business men Il
re being benefited by the chamber +
- thew say fhaxy nonpo. : c. s