The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-06-10
LIGHT WEEK OF SALES
Conditions We're Not as Favor
able In Stocks Last Week.
AJAXAN ACTIVE TRADER
BULLIoN-BECK HELD UP TO
STRONG FIGURES.

The condition of the mining stock
market last week was not as favor
able as was hoped for, and the sales
were painfully small, amounting to
only 52.395 shares for the entire six
day, which brought $22,O4S. 60. There
was a general depression all around
and the favorable indications that ap-
peared in some stocks resulted in dis
appointment.
Ajax was an active stock during the
week and several large blocks changed
hands at good figures. Albion re-
NAMED inactive.
Although BulliOn-Beck did not par
ticiDate as freely as some others in
the transfers, the stock held up to
strong prices. Reports from the mine
are favorable, but there is nothing to
indicate any radical changes.
Chloride Point remains inactive. The
mill has been closed down for repairs.
Manager Duncan is changing the
equipment so that he hopes to get a
better extraction than heretofore. Cen
tennial-Eur passed the week I'M
changed. No stock sold here, al
though there was active bidding for it.
DAILY closed the week lower. DAILY
West shares improved since Monday
and about the middle of the week
brokers bid considerably more than
$ll share for it. The stock was not
so strong again yesterday. The di-
rectors declared a dividend a few days
ago, which is payable on the 18th inst.
Dexter is still a little off color, while
Dalton & Lark has been active around
I and cents.
Geyser-M Marion sold at 8 cents plus
the 3-cent assessment, but Grand Cen
trail shares were inclined to be slug
gish. There Will be no dividend this
month was the decision of the direct
Urs at the meeting in Provo on Friday
last.
Horn Silver registered sales during
the week. There is a well-founded re-
port abroad that the mine will pay a
dividend of cents a share in July,
but the report has not had stimulat-
ing effect on the stock as yet.
The Bowers stocks continue low and
inactive, but Mammoth held it's own
very well; however, the 5-cent divi-
dend paid on the eth inst. made little
change in the run of prices bid for ii
on the exchange or curb. MercuT
shares have been strong during the
week.
Everything is being arranged for
the proposed consolidation with the
De Lamar properties, which is Sched-
uled 10 take place on the 18th inst.
May Day closed weaker. The ship
ments made during the week were
very satisfactOry-two cars of lead
ores brought. 81, 400, another car lot, a
part of which came from the rich
gold streak recently encountered is
said to have resulted very well.
The grade shipment from the
Lower Mammoth did not reach ex-
pectatiOns, and for a few days the
market for the shares was inclined to
be feverish.
Ontario participated in the sales I'M
der 81 a share.
PetrO made no change for the bet
ter, but on the contrary showed some
depreciation.
The boom on Star Consolidated
slackened and Silver King was quoted
at lower figures than usual.
ValeO also suffered some reverses
and within the past two weeks has
fallen s. cents a share. Officers of the
mine say the property does not look
discOuraging, so the sudden changes
are laid to manipulation of the stock.
The sales made during the week
were: