The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-10-21
WEEK ON CHANGE
Tone of Market and Value OF
Business Improved.
SALES REACH s51,496.32
WITH OVER 100000 SHARES
CHANGING HANDS.

The weeks business on the stock ex-
change, as compared with the previ-
Gus one, has shown d marked improve
ment, both in tone and volume of trans
actions Sales amounted to 10, 033
shares, with a selling value of sol. 1876. 81.
For the week previous 81, O45 shares,
worth $35,OO1.23, was the result of a
most erratic and unsatisfactory six
days struggle in the pit.
Ajax shares have been in demand
during the week and the good reports
from the mine have had a tendency to
make the stock popular at prices above
90 cents, the impression being that
when the ore body is opened on the
LOCO the price viii advance still fur
Their.
On the strength of the decision in the
cunning ham-Beck controversy, involv-
ing the ownership of 81 900 shares of
STOCK, and the announcement that the
Muldoon ore chute had been found all
S Snat was expected on the 500 level, or
oOV IeeI below the surface groupings.
mas greatly stimulated the price of
Buillon-Beck shares, which have
climbed from $3.50 bid and $3.50 asked
10 "a bid and 50 asked, while what few
sales have occurred during the week
With the announcement of a $4,000
dividend, amounting to II cents a
snare, and statement from the man
SSement Which showed the stock could
De depended upon to earn 20 per cer<
per annum with ease, the price of that
security has also advanced to figures
ABOVE what the dividend represents,
ana quite number of shares have
sofa at from $4-15 to $4.85, the price de-
manded yesterday being $4771b
Dalton q in G
cents during the week and the call
price has remained about stationary
around yesterdays quotations
DAILY and Daly-West have main
tanned good average during the week,
the closing figures yesterday showing
little change by comparison with those
OF a week ago Dexter is not quite so
sIfohg IN the bidding and 100 shares
were allowed to go at 81 yesterday.
some little business has been done in
Eagle and Blue Bell and prices have
advanced from 1 cent to 2 cents
Grand Central has been one of the
star attractions OF the week and sew
Cral thousands OF shares have changed
hands at steadily climbing figures. \
week ago it closed at S5.35 and So So
while yesterday $3.50 was bid, and S6.05
demanded Friends of the security are
predicting that it will go to 81 before
1t stops, but no statement from the
mana cement that would warrant such
prediction is obtainable The mine
is sending out a heavy tonnage Of good
ore and the belief is general that the
company has a big surplus on hand
Joe Bowers sold at rs cents yester-
day, the first sale of the week at less
than cents a share, while Joe Bowers
Extension struggles along at a fraction
of a cent offered and a little more than
cent asked.
Lower Mammoth shows in little bet
ter form than for the past two weeks
and sales have been made at 40 cents
and better.
Mammoth, which has been weak for
several weeks, does not show any
strong evidences of returning strength
though the announcement that the
usual dividend would be declared yes
terday gave it the appearance of being
stronger.
May Day has remained practically
stationary during the week, sales be-
ing made at and a little above 30 cents.
1t closed yesterday at 2S12 cents and 81
cents.
Petro stepped into the active list yes
terday and sold at 20 cents and 1917
cents.
Sacramento has also been doing bust
ness in a lively manner during the
week at prices around "a cents.
Silver King, with a breach of SIS or
more between buyer and seller, has
$40 to S75 a share, while $51.5O was
about the best offer made during the
week.
Sunbeam has eased off a little and
against 40 cents and 4S cents posted as
the closing price week ago the figures
chaiked up yesterday were 3S1a cents
and 40 cents.
Star, poor Star Consolidated. Shin
ing around the dollar mark only a few
brief weeks ago, it's lustre has gone
giimmering." till now any kind of an
offer above 80 cents is snapped up with
avidity. A week since it stood at IS
cents and SO cents. Yesterday 1t closed
at 81 cents and SIS cents.
South Swansea, jumped in and did a
little business this week at figures
ranging between S115 and S1.20, while
Utah, with a 2-cent dividend posted,
advanced in the bidding about cents
q share
VaIeo slipped down from the high
pedestal which it occupied one week
ago. when it sold at 80 cents. and took
a stand between Is cents and 20 cents
a share. A scent assessment has been
levied and it is thought the company,
formed in the upper workings, will
shortly resume explorations on the
lower tunnel level.
Yankee Consolidated has eased off a
little during the week. pre- vailing prices
being at Il cents to IS cents. as against
20 cents and over one week ago.
Each days record of business for
the past week on the exchange is
shown in the following table:
Shares
Sold Amount.
Monday 800. 1900. 1850 S12,61 %
Tuesday -. ..-...... 5000 1883 80
Wednesday -. 49,. %. 100 1866 9S
Thursday -. $500. 1883 439S 81
Friday -. .......... 24,250 1870 u
Saturday -. ...... $500 2,31S 90
Totals ...-.1O7.03 3 SOL, 496 50
Yesterdays Business.
Trading was light on change yester-
Il Il,