The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-12-30

tentlOn since the winter of lS99-I900.
Northern Light shows a very heavy
Shrtnkage. In fact, it has been more
than wiped out, if the assessments col
lected in 1900 are considered. Opening
at 10 cents, it has always been active
and given to fluctuations and closes the
year at 3 cents with a . cent assess
ment just paid. Operations at the
properties have been continuous. but
the net returns have not been hatter-
ing. Some high grade ore was opened
up. Shipments, however, were very
limited.
Ontario.
Ontario has not been particularly ac-
tive since early in the year, when some
activity was displayed at between 81
and 50. Two quarterly dividends Of
$4,000 each were paid, one in January
and the other in April. Since the pay
ment last designated. the company has
been out Of the dividend column. and
IS likely to so remain until after d
settlement of the Crown Point case is
effected. This settlement may come
any time, however. The Crown Point
secured judgment for about $35, 600. al
though suing for over a million. An
appeal has been taken, but a comprO-
mise could more thar likely b. secured
If the Ontario would take part in the
negotiations. Very good results have
followed the years operations at the
mines and mill and the odd Reliable"
seems to be young still, and good for
many years.
Omaha suspended operations and the
stock has been dead practically the
whole of the ear
R~occo-Homestake.
ROcco-Homestake is 4one of the
youngsters. but its record has been an
excellent one. From its first appear
ance on the market it has been a div
idend payer and from 80 cents, the
stock has advanced to- 50 cents. This
advance has been due to continued in
side support. however. and has caused
some suspicion as TO motives. The
proposition is one of merit and the
mines are located in Nevada.
Petro has continued regular operations
and made occasional ore shipments.
but the shares, have been low and
rather duII all year They close at
about the lowest price. Richmond
Anaconda did practically nothing on
the open market. Rabbits Foot was
Nothing is being done at the proper
ties.
Sunshine.
Sunshine is in the hands Of a receiv-
CT. but the practical completion of the
new mill on the Overland gives hope
thu something viii be done with the
Sunshine properties in 1901.
The shares at times displayed some
activity, but as a general thing they
were ~listIess and without F~uoyanCy-
The Swansea paid 30 cents per share
in dividends and the regularity with
which payments were posted, gave
the shares great steadiness. Ehe close
is slightly above the opening. A range
of % was the record made by the
stock. Swansea has made a place for
itself among the prime mining securi-
ties of the state.
Silver King.
The record Of the famous Silver
King. both in a stock n dividend
way. has attracted universal attention
4 total of 81 600. 600 was paid in diVi-
dends and the stock rose steadily from
$50 to $3.50. practically q 30 per cent
advance. In January the regular div
idend was increased to 80 cents per
share. Another increase may soon be
ordered. although there has been no
official intimatiOn to that effect. Dur
ing the scare on the price of lead. the
stock sold as low as $3.50, but this
price ruled only a few days Offerings
are very scarce even at the highest
prices of the year
South Swansea ~fluCtuated between 81
anu gI-4t- IAlL At-1A 10 AAaAA7 a.
the close.
The suit with the -Four Aces has not
come to trial yet. but should soon be
set down for hearing. Until this hear
ing the company IS not likely to DO
anything for it's stockholders in the
way of dividends There is no pressure
to sell the stock at going prices 4
vast amount of important development
work has been done at the mines dur
ing the year, and the showing there is
most gratifying. The OnIy thing to de
press the shares is the presence of liti-
cation, and the South Swansea people
do not fear the result of that.
Sunbeam.
The Sunbeam is to be consolidated
with the FL Rey. Stockholders submit
ted to some heavy assessments in
clearing the company of Indebtedness,
and il final result was then only &C
compIished by the sale Of all stock in