The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-09-02

The Mining Stock Exchange reopened
its doors yesterday morning with fair
representation Of the members of the
board on the floor and While business
was not as brisk as could have been
wished for. quotations wera made and
established which VIII largely govern
stock transactions in the office and on
the curb.
It was a noticeable fact at the close
of the call that there had been a de-
cided decline in nearly all Of the socks
since the board closed its doors two
months ago for the summer vacation
Silver securities, of course, suffered the
most. and the fall in some of these was
most ruinous Still, many of the gold
stocks declined in sympathy and Mer-
cur vas the only security in this class
that was able to hold its own or had
chronicled advances. Northern Light
was among the ones to suffer with the
rest, although the stock Yas in good
demand at the quotations given below.
Chloride Point came I'D smiling ana
was in better demand and al better
prices than when the exchange took
its vacation Daily and DAILY West were
offered at ridiculously low fgures, con-
sidering the prices at which these
stocks were held a year ago, and as for
Ontario, which four or FIVE years since
was considered as a good buy at $40.
the bid of 50 a share is an illustration
Of what the decline IN the white metal
has done for silver stocks. Bullion
Beck was weak and so was Mammoth.
while Utah and Galena cut but poor
figure in the transactions of the day,
Geyser- Marion displayed some activity,
but at declining figures. while Northern
Light noted advances in the bidding
before the close Of the call.
The unlisted stocks received consider
able attention, but recorded no sales
Little Pittsburg was among the losers
during the vacation, and most of the
other securities declined quite heavily,
although some of them were able to
maintain their own. If nothing more.
There was but little change in Sacra-
mento. Dexter. While not as firm in
the bidding, was held at the old figures.
Grard Central was also strong in the
offerings, but in the bidding ii was
easy 10 be seen that buyer and seller
could not get together. Swansea and
South Swansea, according to the quo
tations, have fallen off at least half
during the past two months, and the
demand for these was in line with the
recent new records made, in the quota
lions on bar silver, The North Fork
Placer, whose property is located on
Coffee creek, California, where such
wonderful discoveries of placer gold
have been made OF late, was called, but
the bids and offerings made would in
dictate that the stock dealers of this
city do not realize the Importance of
this discovery or the fact that this
company owns and controls the best
ground on the creek.
AT the meeting today the governing
board will consider the proposition
made by G S. Holmes TO furnish a
room for the exchange at the corner of
State and Second South streets. and rs
the majority OF the members are in
favor of the move it is more than like
ly that the change will be made
The transactions of the day were as
follows
SALES OF STOCK.
100 Geyser-Marion at S1.l5.
100 Geyser- Marion at $1.12ih
100 Northern Light at Go cents.
Total sales, 500 shares
Value of sales, S29750.
The closing quotations were as fol-
CALL OF LISTED STOCKS.