The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-09-23
VEEK'SSTOCK MARKET
Sensational Advance of Con-
solidated Mercur.
TOTAL SALES, So, 036.23
STAR CONSOLIDATED P.ovING A
BIG GOLD MINE.

The week on the Salt Lake stock ex-
change has been marked by the sen
sational advance of Consolidated Mer-
cur and. Star Consolidated. and while
the number of transfers and the
amount involved dropped off some as
compared with the week ions the
general tone of the m, II has baan
good. One week ago Consolidated Mer-
cur was quoted at $3.92A and 81 .O25k
while yesterday the closing figures We're
$40 and S5-2o. The transfers made
during the week were close To 81 2
snare on the average, ard there is
IotLlhS 10 indicate that it viii not tr.
heid at par or better for an indefinite
period. Last months operations net
led nearly 100000, and it is confidentlv
e 80 tnat September will prove
Just as profitable if not more so.
Star Consolidated is rnaI<fns, q won.
DER al record these days as a producer
81 nlSh-Srade gold and gold-silver ores
ana the stock has advanced under a
nNely demand over 10 cents a share
during the week. The mine will pro-
duce about thirty carloads of ore mis-
month and the prediction that it will
clean up $4,000 is very apt to be fuI-
DAILY has been active during. the
week, also, at prices a little below those
winch prevailed the week previous
though the price bid yesterday was 4
cents in advance of the. closing offer n
week ago. Developments on the 1 200
level of The mine continue and Suner-
1ntendent Chambers reports conditions
about the same.
Daly-West has also advanced ma
terlalIy during the week, and against
Ell W and SlS-O71s as the ruling prices
on the 10th, yesterdays closing figures
We're SIS. go bid and SIS. rs asked 1Tbe
stock is still lower than. it should be
when its dividend record and the mac
innocent physical condition of the mine
are taken mo consideration, and there
seems hardly a DOUBT that the price
VIII steady advance till the S25 marx
has been approached
Dexter has strengthened during the
Week, the efforts at consolidation with
the Tuscarora company having nm
questionably cut some figure in the
case.
Dalton of MarysvaIe has shown
strength also, and light transfers were
Grand Central has been on the do
cline, and where it commanded a bid
OF 1910 a week since, the best offer
yesterday was 81 go
Joe Bowers is a little stronger and
ingor has been quite active after q
. long siege of obscurity The belief
that the Consolidated Mercur company
VIII sooner or later take it in has been
the cause.
MaInIuOIh mas steadily advanced from
$Z-IS bid week since to- 81 27 yester-
day, and sales were made at 1 cent
above that figure. IT will pay another
o-cent dividend on the LIST
May Day is a little weaker on the
whole, though professional manipula-
ton. rather than anything else is ac-
countable for it. The mine is said to
be steadily improving and shipments
OF ore are being regularly made.
Northern Light has started it's mill
again and reports from the mine are
TO the effect that sufficient ore to sun
ply IL with fifty tons a day for an in
definite period has been blocked Cslt
IN the mine. The news has sent the
stock up several cents a share
Yankee Consolidated has eased off n
little though the initial shipment from
the recent strike made a good show
ing in values. 1t closed yesterday at
2l1zc and pc, as against 23ssc and 237s e
a week ago
The Swanseas both hold their heads
up and continue sending out a regular
tonnage, while all the younger as
pirants for honors are giving good ac-
counts OF themselves.
The weeks record of sales. as re-
ported from day to day was as follows: