The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-01-06

Stocks were active in the pit of the
mining exchange yesterday, but at
huctuating quotations, and a number
of surprises We're sprung on the brok-
ers before the close of the call.
The mining share market, which has
been somewhat depressed during the
past few months, is rapidly gaining
lost ground, and the speculative fever
is again burning fiercely in the veins
of & large number of men who have
had their means in bank vaults or in
some secret hiding place. while the in
weston has come out of his seclusion
and is looking for a chance to place
his means. however small, to good adj
vantage, and this class invariably find
themselves interested in the stock mar
ket and in the manipulation Of mining
shares, for nowhere else are such OPP
portunities offered for safe and profit
able investments or for rapid money
making.
AT the opening of the call yesterday
Ajax WAS very quiet at 81 cents bid
Immediately afterwards, however, there
Was considerable activity in this stock,
and sales were recorded at 50: and
this was the closing bid for this Sc
curity. Bullion-Beck suffered declines
in the bidding. but in the offerings an
advance was noted and at the close
it was firmly held al $50. Galena was
Very strong in the bids and advanced
10 S1.2212 Mercur was also a prime
faVorite. and experienced a decided
bull movement. The closing bid for
this stock was RIB. offered at $3.50.
On the streets before the call transfers
OF Mercur at 1926 We're reported. Mann
moth was also in good demand and
- ,-i,l cIy,
closing at S2.75 bid and $500 asked
There was a noticeable inquiry for on
tario ana at advancing quotations in
the bidding, While in the offerings the
stock also made good gains.
The unlisted stocks We're also strong
and active, although no special .ad-
Vances were noted with the execution
of Northern Light. which chronicled
regular gains. Northern Light was the
first of the unlisted stocks 10 be called
and ii closed strong at II cents bid and
"A asked. but with no sales to its credit
Immediately after the call, however.
the brokers in the pit began 10 bid for
the stock. and sales were made at -,
and il closed firm al this figure. Sun
beam was in active demand and re-
corded sales at 10 cents. When Swan
sea was called there was a break in
this stock that caused considera BILE
CONSERVATION among the holders of this
security, and especially SO when the
stock sold at $780, and little later
al SIC. After the call the stock raj
lied, and pit sales were made at $3.50.
South Swansea was somewhat sympa-
thetic and also suffered Slight losses.
closing at s. bid and 1920 asked but
it is doubtful if this loss would have
been sustained if il had been known
that the company had just declared
another dividend of $500. Buckeye was
active at cents and made transfers at
this figure. Dexter declined in the
bidding and was offerei al the bidding
quotation of d week ago. Lucky Bill
presented too wide a range between the
buyer and seller for any chance for
business while ali effort was made to
bear Bullion Beck Tunnel company, but
holders of the stock were firm at
quarter of a dollar in the asking
The transactions of the day We're as
follows:
SALES OF STOCK.
100 Ajax at So cents.
100 Swansea rat $2.S5.
200 Swansea at $3.50.
100 Swansea at 500.
200 Northern Light at - cents.
500 Buckeye at cents.
200 Sunbeam at 10 cents.
1000 Richmond and Anaconda at rs
cents.
5000 Little Pittsburg at IA cents.
Total sales 5000 shares
Value of sales, 81, 570.25.
The closing quotations We're as fol-
CALL OF LISTED STOCKS.