The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-07-08
VE[K'SSTOCK MARKET
Trading Was Dull and Very Lit
tie Outside Buying Done.
DAILY WEST WAS ACTIVE
BUT ON DECLINING PRICES
SALES OF OTHER STOCKS.

The mining stock market last week
was extremely dull and the. total sales
on the exchange only reached 401SS
shares. which brought S2O,sO6.99.
There was little life anywhere and
all the trading done was confined prin-
cipally to the brokers themselves.
The public is not doing much buying
just now, and one leading broker ex-
pressed the opinion that il may be sew
eral months before interest will be
aroused IN the mining share market
again. The presidential campaign will
detract attention from mining stocks.
Ajax held up well, but nothing was
done in the stock. Bullion-Beck con-
tinueS firm and registered several
transfers during the week. The ship
mentS of the past week have been good,
but whether the management will be
able to keep them up continuously is
uncertain.
The Centenaial-Eureka keeps up
heavy shipments, as usual, but locally
no transfers have been recorded. The
quarterly dividend of S1OO, 900 will be
declared next Tuesday and made pay
able on the 18th.
Chloride Point showed no activity
whatever during the week. The mill
Improvements are nearing completion
and probably within another week the
plant will start up again.
Daly-West, which was inclined to
advance week ago, did just the re-
verse. There is considerable unrest
over where the price of lead is going to
land and there are more sellers than
buyers in the field.
DAILY made no changes, while Dexter
is almost lost sight of entirely. There
is nothing new in conditions at the
Daisy mine The talk of resumption has
caused a little better feeling, which is
quite noticeable. The receiver claims
he can get the mine out of debt within
six months, but his statement to that
effect is not taken very seriously.
The GeySeT- Marion reported during
the week with a very satisfactory
shipment of cyanides. but the condi-
ton of the stock remains about sta
tiOnary.
Grand Central " as offered quite free
ly during the week and numerous
transfers were noted, with no material
change in the range of prices. Ship
ments of ore during the last seven
days, notwithstanding the Fourth of
July vacation at the mine, have been
heavy.
Horn silver remains unchanged. Joe
Bowers and Joe Bowers Extension
failed to offer much encouragement.
The strike reposted a week or so ago
on the 400 level of the Lower Mammoth
mine caused that stock to advance for
a few days. 1t went up to 90 cents. but
didn't hold there LONG.
Mammoth has been attractive but on
declining figures. The talk of building
tramway and the rumor that a few
dividends will be passed as a conse-
quence has had a depressing effect.
The Mercur quarterly dividend is near
ly due, but it will no doubt be with
held until after the consolidation with
the De Lamar Mercur mines is effected
on the 21st inst
Northern Light registered no change.
The mill is running and the first clean
up will probably be sold on the local
market in the early part of the week.
Ontario is inactive. The regular div
idend is expected this week. Petro con-
| tinues to be a disappointment nd does
not offer much encouragement Just
now
The Star Consolidated made a good
showing in ore shipments last week,
and the stock was fairly active at good
prices. The Swansea stocks are prac-
tically unchanged The Swansea will
disburse its $1,000 dividend this week.
Naleo has been active at stronger
figures. Yankee Consolidated directors
have levied half cent assessment.
The sales of the week amounted to
the following: