The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-03-21
MAMMOTH GAINING STEADILY.
Silver King Makes SHM-Ajax
Again Climbing Upward.


The trading yesterday on the f1oo1
of the stock exchange was confined
largely to the listed stocks, and the
transfers in these were at advancing
figures.
Ajax, recovering from its recent
slump, found a buyer for sl.05 for fifty
shares. and it is predicted that with
the fine showing now made in the
mine, this stock will go much higher.
Five hundred shares OF Dalton and
Lark went readily at so cents, while
after call Broker Hill found a pur-
chaser for 700 shares more at the same
figure.
East Golden Gate was in the swim
to the extent of 100 shares at 5212 cents
and several of the brokers were anX-
ious TO buy call on 500 or 1000 shares
at 90 and 75 cents, for thirty days, al
a 10-cent margin.
Herscnel was wanted at u cents, but
holders were firm at 20 in the offerings
Mercur was stiff at 1856 in the ask
ing. but buyers were slow, and the
highest bid was $3.50.
The bidding on Mammoth was spir-
tied. while the holders of this stock
were 10th to sell under 500. At the
close. however buyer and seller came
together on a basis of S215.
Ontario was firm at s12.75 bid, Sic
asked.
Silver King developed strong up
ward tendency. and the bidding was
active, resulting in the sale of SO
shares at 1880 This is the first deal
ings in this stock ON the floor of the
exchange since its organization, as. Sill
yer King shareholders have a good
thing and do not care to part with
gilt-edged dividend paying stock unless
ii brings a. fancy figure.
Sunshine hardly held its own in the
bidding, although sellers stood firm at
1918.
OF the unlisted stocks Eagle was a
decided favorite at 10 cents, 5000 shares
changing hands at this figure.
Omaha, made a good showing at 90
cents bid and so asked, but no trading
was INDUCED in.
Little Pittsburg continued in the
dumps and the highest bid was 21k
cents, a thousand shares selling at this
quotation
Sterling wgs offered for the first time
and maintained its own at % cents
asked. Clay Canyon, however. nearly
dropped out of sight. and at the close
was offered at ! cent.
Dalton made a big jump. and at the
close presented a bold front to the
bears. AT the ope. ing it was wanted
at 51z cents, and this quotation was
raised to 6Ss cents. Offered at s.
Camp Floyd also held it's own at the
regulation figure, while Elko was
beared at 10 cents in the offerings.
The Morgans failed to find buyers.
and were inactive at the usual quota
lions.
Golden Treasure was offered at so
cents, and this figure remained I'M
changed at the close of the call
III the afternoon the governing board
and listing committee met to rear
range the board. and TO divide the
listed stocks into three classes. ac-
cording to a resolution passed at the
meeting OF the exchange the first of
the week, viz: Dividend paying mines,
Observation-Disclosures and prospects
and unlisted
After the regular call an election
was held on the application of Felix ].
Stark for membership in the exchange,
which resulted in his unanimous cleo
ton.
The transactions of the day were as
SALES OF STOCK
So Ajax at si.o5.
zoo Dalton & Lark at SO cents.