The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1901-08-04
MINING STOCKS FOR
THE PAST WEEK
Prices We're Generally Firm
and BuOyant.
TOTAL SALES. S279,025
HUSTLE FOR MONEY CAUSED A
DROP YESTERDAY.
TOTAL SALES, S279,O25

The week on the mining exchange
closed with the sale OF 3S9, SOS shares of
stock, which had a cash valuation of
| $279. O25.67. Nearly all of the active
/ stocks remained firm and occasional
/ periods Of buoyancy were noticeable.
| Yesterday. however, prices were gener-
ally lower than for most any other day
| il the week, the fact being attributed
/ to the formation of the new Carisa
company and a consequent selling
movement in other shares to meet the
subscriptions made TO the 100000 shares
offered at par by the Carisa promoters.
Ajax suffered in the final selling prob
ably to a greater extent than any oJher
stock, though Consolidated Mercur,
Daley West, May Day, Tesora, Uncle
Sam, Lower Mammoth, Sunbeam, Boss
! Tweed and even staid old Ontario were
cut down in the hustle for ready cash
Ajax, with stopping in progress on the
1,0O0-foOt level and the future looking
bright, dropped from $l.14 last Monday
TO SL61% yesterday, after opening at
$1.64
Consolidated MeTcur was allowed to
go at S2.75 and DAILY West at 5000,
while a bid Of 50 brought out 100 On
tario.
Lower Mammoth was showed down
from S3.97 10 1886 and TesOTa was re-
leased at $102, as against a low mark
OF Sl.OI at the beginning of the week.
At the latter mine work is progressing
in the shaft in order to open another
level, while the new mill is doing SPLEEN
did work and an average of one car
load Of concentrates and first is being
sent to market daily. The estimated
earnings are from $4,000 to $40, 900 per
month.
May Day has fuctuated during the
week and closed about as it opened,
TaHa 4
IN operation, and during the next few
days statement to the effect that it
is a success is expected.
Uncle Sam Consolidated went soar
ing to S2-40 during the week, but the
management was inclined to throw
cold water on the boom, and it gradual
ly receded and touched S2.0955 yester-
day, closing 2 cents higher. In the
meantime something like $4,000 worth
Of ere is being marketed weekly, and
a handsome surplus with which to in
augurate its dividend-paying career
next month is being piled up.
United Sunbeam has experienced a
fractional falling off from day to day,
and with 8Sc bid and 94c asked on
Monday It closed the week with sales
at S5c down to 7S1hc-
Ben Butler, with a lawsuit on its
hands, brought by a neighbor for al
legged trespass, has held up strong,
AA4Ou6u d determined eHOTL was maze
TO break it down during the week It
closed yesterday with 20zc as the high
and 1880 as the low selling mark.
Star Consolidated, with an option on
the control out at 65c a share, ad-
Vanced from Acc to 4S1ac. with holders
hanging on for higher prices.
Boss Tweed made a great squirt. and
went to 42c during the week, but a
reaction set in Friday and 35c was the
best to be had for it yesterday
La RENE, Dexter, Sacramento the
SWanseas, Dalton, Martha Washington
and several other of the more or less
active stocks have been sparingly dealt
IN, and prices have generally shown a
falling off.
Century has marked strong ad-
vance, the near completion of it's new
mil greatly stimulating interest in it.
on Monday it was quoted at S2.9e bid.
S3-l5 asked, while yesterday it was
sought at $50, with 1915 demanded.
Yankee Consolidated has been quiet
All week, and the price bid and asked
mas gradually Teceded. Monday s512
was bid and S5.1S asked. Yesterdays
closing quotations were $3.50 and $500.
month
OF the balance of the list little has
occurred TO cause comment, and the
business done was light
At yesterdays call p. 725 shares sold
Tor $ZI,906.37, with closing quotations
posted as follows: