The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-12-31

great favor. being among the most ac-
I tive as well as conservative on the ex-
changes. In the month named, how
ever. the company made miss on divi-
I dend payments, and the stock fell to
30 cents. recovering speedily to 80 cents
and from that point gradually settling
to so cents and below.
The conservative and continuous div
idend payments of the Swansea in
spired the greatest confidence in the
shares and the extreme range of the
year was but 81, although the stock
was very active. At the close Of 1899.
the market price is practically I'M
changed from the opening South
Swansea paid four dividends. or $50, 900,
during the year and the stock was al
ways in favor. Some very important
improvements have been made by the
company and it is understood that
within comparatively short time
monthly dividend payments OF cents
will be the established rule.
Sunbeam's course has been very err
ratio. but the shares show a splendid
gain, although not closing at the high
est point of the year. Silver King
shows net gain in quotations. The
stock also showed much activity and
closes the year at it's highest figures
Regular dividends of SO Is cents per
share were paid monthly, without in
terruption, with an extra of the same
amount in December. 1t is practically
assured that an increase to so cents
per share win be made in January.
The shares opened the year at $50 and
advance, now holding strongly above
$50. In January and February. Star
Consolidated was a very heavy dealer
above 81. %, the high mark of 81 80 be-
ing made just after an important ore
development. Until the middle of the
year the shares held their strength
fairly well. but then commenced to sag.
in November selling as low as 10 cents,
when it became known that the COM
pany was quite heavily in debt and to
continue development work would need
something like $4,000, which amount
is being raised by means of stock
holders loan in the nature of volun-
tary assessment. Some nice ore ship
ments were made, but at present the
showing of high-grade ore is limited.
although some immense bodies of low
grade have been opened up Showers
Consolidated made little net change,
although showing some fluctuations
and recording heavy dealings during
the greater portion OF the year. Tesora
was not an active dealer on the open
market, but considerable OF the stock
changed hands on subscriptions. Tetro
was marked by several violent ffuctua-
tions, resulting from unfounded re-
ports of important disclosures at the
properties, the highest prices of the
year being just above 20 cents. While
the showing now being made at the
mines is highly encouraging, the shares
are selling close to the years lowest
figures.
Utah paid one dividend of 1 cent and
then retired. from among the active
payers. The stock displayed but little
activity and shows comparatively little
net change
West Mountain Placer continued OPP
erations regularly. and met with fair
success, although the proposition has
not developed as rapidly as was an
ticipated, and it was necessary to levy
assessments in order to provide for
operating expenses. The shares sold
from near the dollar mark to 20 cents,
but are recovering nicely.
Valeo was another of the disappoint-
ments of the year. Opening at nearly
81. 80, it sold as low as so cents. 1t was
necessary for the company to assess,
although ore shipments show a hand
some increase.
1t was only in the closing months of
the year that Yankee Consolidated
showed special activity. The shares
fluctuated wildly on several occasions,
ranging between cents and % cents,
on reports of ore discoveries at the
mature, however, and general settling
followed. An assessment of cent was
levied in December.