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

is with an admirable record De
hind IL that the mining share mar
! Ea- closes the year. 4 record that
has been marked by heavy trading in
both Investment and speculative shares
and by the cOnsummatiOn of a number
Of important stock and property Geeds.
The year 1860 has been a year of
consultations and of general adjust
maut of differences and the new cen
fury opens with extremely bright pros
ue-,s. "a broad and firm foundation for
future prosperity having been laid.
From one end of the country to rs
other. the Utah mining stock market
enjoys an enyiable record for cOnSeT-
vaJiSm and genuine worth. This stand
ing has been not one whit dimmed by
the showing made in the year just
closing.
Dividend Record.
The pIbiic dIv1iaad PAYERS have
more than m3iurained their former
reputation, paving u total of -. ~. eco
for the year and giving a grand total
of S4I.0I3.200. In making up these
splendid sums, in 1900, the Silver Sing
ecsHy leads, with a round million dol
irrs TO its credit. The DaIy-West came
second with S4SI, 500, and the Cen
lanuiaI-Eureka third, on a total of
500. 200 If present indications are hot
misleading the total dividend payments
for the year 1901 viii even show an in
crease Owe that for 1900.
The greatest activity in stocks dur
ing 1900 developed during the fall. after
Il period of dizziness almost to stagua-
ZION. Very naturally market COndi-
lions were greatly Influenced by the
political situation, the presidential
campaign claiming the attention Of the
nation almost to the exclusion of trade,
and commerce. The uncertainty as to
general results that existed during the
summer and tall did not inspire on
udenCe nor eTgender a desire for
either speculation or Investment on
the other hand, it greatly restricted
movements along that line and caused
a UalI to settle over the markets of
the country. Notwithstanding the fact
that the finances of u west remained
in prime condition, the Utah stock
market suffered in sympathy with out
side fuses n for several months
trading was limited.
Return of Confidence.
With the coming Of the months came
a return of confidence and consequent
awakening in the markets of both east
and west. Locally, dealings were at
first largely confined to the investment
shares. but as the market ~bTOadened
and gained tone and strength, all
classes Of stocks received attention. un-
I'll the year closes under a splendid
volume of business. and trading on che
exchange and on the street IS TaTujlis-
cent of the great days of the winter of
IS9S-ISS9.
Ii may be said in passing. however,
rhat the market generally is now in q
mUch more beautiful state than was
the case during the so called boom. s."
and while transactions are hardly as
heavy now as then, The UndeTtOne IS
good and the foundation sound, having
been well laid during days of adversely.
As an example of the volume of
business being done at this time, the
records of h street viii show d
monthly aggregate of fully 81. 100000 in
tine course OF regular dealings. The
outlook for 1901 is good Attention is
Very naturally turned more largely 10
the Investment list. but the specuIa-
lives are not being in any wise neglect
ell.
Review of Stocks.
Al the Ajax work has continued
steadily all year, with very good re-
suits. The work on the L.000-fOOt level
las claimed greatest interest and much
depends upon its final developments. If
the drift cuts the ore body for which
81 is being driven much higher prices
viii be made on Ajax shares. As Il
lT The market closes with D little real
r-. change in the quot : on the
shares for the year
Both Anchor and Alice have been
Uninterrupted and even the settlement
"- the litigation with the Daly-West
failed 20 intu5e any life in the shares.
SOME experiment. with the zinc ores at
the Alice save fair results, but nothing