The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-01-13

The members of the Mining Ex-
change report that orders are pouring
in from the outside for good Utah in
Vestment and speculative stocks, and
that the volume of business now trans
acted in this line is fully double what
it was this time last year. and the
record Of the sales made, on the floor
Of the exchange as well as on the
streets, bear out the assertion
Certain it is that there is a most
encouraging activity in the mining
share business at the present time.
and it is a noticeable fact that there
are more gilt-edged stocks on the mar
ket than ever before in the history of
Utahs mining industry.
on the exchange there is more real
business transacted than was the case
year ago, and there is every reason
to believe that this business win con-
tinue to grow until it assumes goodIy
proportions, as it is evident that cap
ital has come TO the conclusion that
there is no better, safer or more re-
muneratiVe investment than in mining
stocks.
Business was good in the pit of the
exchange yesterday and there was
noticeable inquiry for the popular
stocks of the day.
Among the listed stocks Ajax was
active and at slightly advancing fig
ures. DAILY and Daily West were 1rmly
held at the quotations of the day be-
fore, but in the bidding they exhibited
downward tendency. Bullion Beck
was not quite as strong as on the
previous call, although il was I'M
changed in the offerings. Galena and
Geyser were about stationary and We're
inactive. Dalton & Lark made q frac-
tional advance in the bidding and in
the offerings a slight decline was
noted There was no change in Four
Aces, which held its own in good
shape. Mercur was weak in the bid
ding, as well as in the offerings.
Mammoth, on the contrary was in
active demand and at rising ouota-
tons, and II begins TO look as if this
stock would soon make up lost ground.
Silver King chronicled gains in the
bidding, but 20 sales. Sunshine made
good advances and was unusually ac-
tive in the bidding which wolId in
dictate that there is an underground
feeling that something of a favora bile
nature Is about to transpire in con
nectiOn with the company.
The unlisted stocks We're nearly all
strong. swansea was an exception and
was freely offered at S252Ib. while
recorded
South Swansea also suffered somewhat
in the bidding. but in the asking if
was firmly held at $3.50. One of the
features OF the call was the advance !
in Buckeye, which Was active in the /
bidding and in the transfers. SIM (
beam was also in good demand and /
sold freely at 10i2 cents Northern 4
Light developed an upward tendency
and was wanted at 50 cents. Al which /
figure 300 shares changed hands. There /
was, a Dres.k in Naleo and there was n |
movement on the part of the brokers
TO bear the sock. if possible. and the
effort was a partial success. Dalton
was active and scored transfers at 2ss
cents.
Dexter declined in the offerings. b,jt
in the bids the stock remained un-
changed.
The transactions of the day were as
follows:
SALES OF STOCK.
300 Ajax at 81 cents.
LOCO Buckeye at 13ls cents.
1000 Sunbeam at 10Ia cents
300 Northern Light at IS cents.
1000 Dalton ct rs cents.
Total sales. $500 shares.
Value Of sales. S7S225.
CALL or LISTED STOCKS.