The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-10-28
MINING STOCK MARKET
A Fair Weeks Business Was
Transacted.
SOME RAPID ADVANCES
GOOD REPORTS FROM MINES
MARE THINGS LIVELY.

While the volume of business trans
acted on the Salt Lake mining ex-
change has not been partiC ulariy heavy
during the past week. all things con-
sidered it has been anything but dis
couraging.
Politics has interfered somewhat
with trading. and lack of orders from
outside buyers is attributed more to
that than any other cause. Prices.
with but few exceptions. have been we'll
maintained, and in some shares mark
ed advances are noted.
Daly-West has been unusually active.
and where $3.50 was the best offer
one week ago the price has steadily
climbed up until yesterday it registered
$2e.19 on the closing sale.
Grand Central has also made an as
tonlshing gain. the semi official asSur-
ance that dividends, would be resumed
next month being the cause A week
! since S6-O5 was asked. but since then
IL has sold at $3.50, although $50 shares
We're transferred yesterday at 1886. Ii
closed the week at $3.50 bid and $3.50
asked.
Lower Mammoth has barely held its
own, though no serious weakening has
occurred, while Mammoth has dropped
down from 1921 and 1925 TO $2.15 and
1 $2-1S. > sale being made yesterday at
$2.1714.
Star Consolidated has gained mate
| rally in strength during the week, the
| ruling prices being from 1Oc to 15c bet
ter than the closing quotations of a
week ago.
May Day has not been very active,
but prices have held up fairly we'll In
fact, the shares may truthfully be said
TO be firmer, and the assurance that
| the secOnd-clasS ores are to be treated
under the lease given TO Messrs. Flindt
! and Mosby should, and it is thought
WILL cause the price to materially ad-
vance in the near future.
Eagle & Blue Bell has made the most
startling jump upward of any stock in
| the list during the week. Last Saturday
/ it could have been had and was actual
| ly sold at 53c. while yesterday il could
not be touched for less than CSC The
| official announcement that eight feet
| of high grade ore had been encountered
| in the mine during the week was the
/ cause of the advance The mine is now
! considered to be on the verge of enter
J ing the dividend list.
| Swansea has strengthened and South
| swansea has been rather weak. while
/ ValeO has been inactive al stationary
| figures.
| BulliOn-Beck has been firm as rock
| during the week and the bright out
/ look for the future Droductiveness of
/ that old standby through the proving
! up of the continuity of the MuldoOn
! ore chute to a depth of about 500 feet
| has caused holders to cling to their
| stock The usual price asked has been
| $500, though some few transactions
| have been made at prices below that
| 1t closed yesterday at $500 bid
| Consolidated Mercur has not been
quite as strong since the books closed
| on the initial dividend. but as this
| months record at the mine and mill is
! reported to be better than last, the
| chances are in favor of the shares ad-
! vanCing again.
Utah has held its, own, and during the
| week distributed a dividend of &c a
] share The mine is now in prime con-
dition, both as regards development and
| equipment, and as all heavy expendi-
/ lures for improvements are now at an
/ end, a least for some time to come
| dividends are expected to come fire.
/ quentIy.
| Yankee Consolidated closed the week
/ IN much better form and sold yester-
! day at 1870, as against 11&sc one week
! ago
| The little fellows all held their own
/ and the election once over il is expected
/ they will be receiving attention at the
! hands of those who delight in helping
/ the youngsters to grow.
! The weeks business is reflected in the
I following table of daily sales;