The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-09-16
NEEK'SSTOCK MARKET
Stock Exchange Business TAX
ing on a Healthy Aspect.
CON. MERCUR APPEARS
SALES REACHED 1O4,S74 2-S
SHARES, WORTH sss, 3es.se 1-3.

As compared with the previous week,
the business on the Salt Lake stock
exchange for the six days ending yes
terday shows up fairly well. and TAX
ing into consideration that the legit-
imacy of the transactions are becom-
ing more and more apparent as the
days and weeks roll by, it may be
said in all fairness that the exchange
has not been healthier for several
months. Brokers generally report a
good and growing demand for mining
shares and the outlook for a brisk fall
business is most promising.
The mines. and in many instances
the prospects as well, are giving good
accounts of themselves, and the sea-
sons developments have borne good
fruit.
where stocks would record an advance
one day they have been hammered
down the next. The general tone,
however, has been first-class and in
rare cases only have prices strayed far
from the point of actual worth.
Ajax has steadily grown in favor
during the week and sales yesterday
were at sc better than the closing quo
tationS a week ago. Manager Weir
is hurrying the cross-cut to make con-
1,000-fOot level and that accomplished
the stock viii most likely go up sew
eraI notches. Anchor is quoted 15c
higher than a week ago, but no changes
are reported from the mine. Dividends
are not looked for until next year, but
a holiday distribution is among the
possibilities.
Consolidated Mercur was called for
the first time on Thursday, was taken
off again Friday, because the listing
Il
permanent place on the board yeSter
day morning. being quoted at S3-921z
bid, with offerings at 81 0212. Old Mer-
cur was quoted at S6.55 and 1913 and
its call will continue until final trans
fers have been made and the wind-up
distribution of bread money has been
ordered.
Centennial Eureka, which fell to SIS
on Friday, rallied yesterday to $17.S712.
Another story from Boston declared
that some of the directors wanted to
make the third quarterly dividend soc
instead Of 81, while on the day previ-
Gus the rumor was that the dividend
was to be passed. No official informa-
ton has yet been given out
Daily has been a faVorite during the
week and prices have materially ad-
vanced. while its big brother. the DAILY
West, after distributing So, 500 yester-
day, slipped back around the SIS mark.
Dexter has held its own during the
week and closed at zoe and S5c. The
same may be said of Dalton, which
yesterday did business at sac.
Grand Central has fallen off a few
points during the week, but good re-
ports continue to come from the mine
and fine ore in liberal quantities is
being regularly marketed.
Joe Bowers has been selling above &c
all week and maintains good form.
Lower Mammoth has weakened con-
siderably, though reports from the mine
show the new machinery to be work
ing admirably and the weakness ought
not to continue 1t closed the week at
40c and 43c, against soc and 511z week
ago.
/ Mammoth has been stronger during
the week and closed at $2.18 and 1925.
May Day has maintained a fair aver
age, though the price has been, as
usual, rather unsteady. 1t closed in
good form yesterday at 1890 and 44c
Northern Light went up at a rapid
rate during the week and sold at over