The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-08-05
VEEK'SSTOCK MARKET
Prices Generally Ranged a Trifie
Lower.
TOTAL SALES, S34,951.88
DALY-WEST RECORDED STEADY
ADVANCE.

~ WIN III the UIdn mining snare
market has witnessed the transfer on
change of 1885 shares of stock for
S34, SO, while the volume of curb
transactions has probably amounted to
1ully as much. On liberal offerings
the modest to low-priced shares have
SHOWN some weakness, though the de-
cnnes have in most instances been
fractional and not at all demoraIizing.
May Day has been made TO carry the
Drunt Oh bear transactions, but on good
reports from the mine and increased
ore shipments it bore up well under
the onslaught.
AJAX, under professional manipula-
ton, mas ruled lower, but no trans
Iers Oh any consequence have been re-
corded.
Bullion-Beck closed the week at $3.50
bid, 81 asked, with no very great de-
mand- The large hoist at the new dis
coVery is In place and sinking in three
ieet OF ore is going on below the 100
level.
The boarding house strike at the
Centennlal-Eureka has been settled and
the fuIl force of $50 men is at work.
shipments under the 100000 con-
tract continue as usual and the price
Dld Tor the stock has advanced from
at $25.
The chances for resumption at the
Daily are excellent. SUPERINTENDENT
Chambers has advised the prospecting
OF the lower levels. At the DAILY
west the ore chuteS exposed on the
LOO level have been encountered on
the 1,4O0 and the price of the stock
mas steadily climbed upward in conse-
quence, sixty shares going yesterday
at $Il Us The August dividend will
probably be announced tomorrow.
The big $4,000 payment on Dalton &
Lark is due on Friday next and it is
confidently believed that it will be
made The stock has shown signs
OF strength all week and yesterday
was quoted at 49s@7k.
RECEIVER Moon of the Daisy will put
men TO work cleaning out and putting
tnat property in shape for operations
with the chances all in favor of his
being able to raise the $4,000 necessary
10 bring 1t to the front as profitable
producer. Holders of the stock in the
meantime are holding on.
Eagle & Blue Bell, on good reports
from the mine, has been somewhat
stronger and active, While Geyser-
Marion is still dull and in poor de-
mand. A shipment of about 81 500
worth of cyanides was being settled
for yesterday, the result of the past
three weeks run at the mill
Grand Central has shown much ac-
tiVlty and some strength during the
week, but it is not believed that a divi-
dend will be paid this month Ore suf-
hCIent only TO meet running expenses
is being marketed. as the manage
ment is said to be dissatisfied with
smelter charges.
Mammoth has been rather active at
prices little in advance of last week.
The regular dividend was paid We'd
nesday and the arrangements plans
assure their continuance indefinitely.
The Mercur- Golden Gate consolida-
tion has been perfected and every
thing is working smoothly. The men
employed at the Mercur asked to
have the boarding house abolished and
an order TO that effect was issued on
the 1st- The final cleanup under the
old regime is nearly completed and in
few days the money in the Mercur
treasury will be distributed among the
stockholders. 1t will probably amount
to about 25 cents q share. The Con
solldated company is looked to to pay
cents share monthly and there is
little doubt but that il will do so.
swansea has declared it's regular
dividend and the stock is strong
around 81. Splendid reports come from
the Utah at Fish Springs and its shares
have steadily advanced during the
week Rich ore is being marketed
every few days and dividends are
looked for in the near future.
Naleo has been on the toboggan all
week, with sales as low as 12c a share
Ialk OF assessments, closing down,
leasing, etc, has had its effect.
The daily record of the weeks bust
ness on Change is SHOWN in the fol-
lowing summary: