The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-08-13
Most Active Week of the Summer
In Mining Stocks.
SALES VERY GRATIFYING
TINTIC SECURITIES WERE IN
GREAT DEMAND.
Nearly All Show An Advance In
Price-Park City Stocks In High
Favor-Big Bingham Companies
Made Things Hum Down East
Yesterdays Quotations.

The past week has been the most ac-
tive of any since the warm weather set
in. Stocks in general are more buoy
ant and sales are really very gratify-
ing. Everything indicates a lively
market i'll mining stocks this fall and
winter, investors are interested and
eastern capital is coming into Utah TO
develop and open up mines. which gives
something substantial upon which TO
base a prediction.
Ajax is one of the Tintic stocks that
has been unusually active the past
week. There has been big demand
for it. and prices have materially adj
vanced. Grand Central. Mammoth and,
in fact, nearly all the leading stocks
OF the Tintic mines, have shown an I'M
provement- Mammoth particularly has
made rapid advances since Monday.
caused. no doubt, by the extensive
movement of ore to market and assur-
ances given of regular dividend COM
ing this month. Yankee Consolidated
and Tetro made some wonderful ad-
vances. The former went upward on
account of a large order for the stock,
and Tetro climbed up on account of the
opening of a rich body of ore in the
mine.
Park City securities received favor
able attention during the week On
tariO strengthened up considerably. but
holders of the stock are not willing to
unload just yet y deal is on for the
sale of the Alliance, and it is said by
some that it viii sooner or later be-
come a part of the famous Silver King
mine. The stock has been active the
past few days.
Bingham stocks are in better tone.
The stock of the big companies Oper-
ating there. such as the Utah CONSOLE
dated. Boston Consolidated. Bingham
Copper and United States are not sold
on the local market, but in Boston and
New York they have been very active.
United States stock was especially so,
due to the Centennial Eureka ..pur-
chase by the United States syndicate.
Petro picked up what it lost at the
close of the previous week. and closed
i'm a healthy condition. The mine has
already shipped more ore than this
months dividend will come to, so the
month is likely to close with a sur
plus to commence September with.
Mercur stocks were not so active dur
ing the week. Daisy was beared con-
siderably. but the stock closed close
around 80 cents a share. Mercur de-
clined some, but made up for some of
the depreciation.
The Gold Mountain and Ohio dis
tricts are enjoying a great deal of at
tention just now. These districts. il is
predicted. will soon be represented on
the exchange with some very meritor-
iOus stocks that are already quite in
viting TO spectators.
Dexter closed strong with some no.
ticeable advances.
The La Sal mining region is the
scene of some active operations. The
Huntsman mine. located there last
spring. is in high favor with some. and
during the week sales of stock were re-
ported above 40 cents a share
The Eutonia. lead proposition in
the Erricson district, made a strike of
some Importance the first of the week,
and the stock sold at private sale as
high as 10 cents a share
The sales for the week on the Salt
Lake stock exchange were as follows: