The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1901-05-19
MANY FLUCTUATIONS
IN MINING STOCKS
But Net Changes for the Week
We're Small.
WAS THE FEATURE
CENTURY ALSO ONE OF THE.
sTEoNG STOCKS.

A dull day closed a spotted week on
the mining stock exchange. There have
been ups and downs IN various stocks.
and there have been duH days and busy
days. The net changes. however, have
been small. AS 4 whole there has been
a hrmness, and price differences are
generally in n nature OF advances.
Ajax has been a lively stock. and its
future course is being watched with
interest by a large number. some time
ago the stock sold as high as $3.50 on
the rumoT that there a been a strike
m The 1,GU0-fOOt level The facts did o
n up to the rumoFs; there was a de-
lay for the installation OF the new air
compressor, S5ld the stock sank back.
The previous week it closed at SL16A
From this it dropped to S1.06h Thurs
day, but around these figures it showed
strength. selling UP around -Sl.20, and
closing "A shade lower for the week. at
$l-l79s, as against $1,16%. During the
coming week it is expected that the
work Of exploration or the 1.000-fOOt
level viii be resumed with Increased
activity, n the stock, always Sensi-
tive, is expected 10 reflect n develop.
ments
Heavy purchases of Joe Bowers kept
the stock strong throughout the week.
On the Saturday previous it was dealt
in at 3A cents share, while yesterday
it was in demand at 81 and 5Ss cents.
GdIend made one or the biggest
jumps. It sold at SE and 9cents at the
close of the previous week Then came
the report of a strike, and there was a
jump TO 2Oh. This figure could not be
maintained. however. There was a de-
cline to 1l3s cents, followed by a reaC-
ton yesterday to 49, cents, the closing
figure for the week.
Two dividends We're declared during
the week Without having any great per-
manenf effect on the stocks involved.
May Day ordered the distribution of 2
cents a share, causing a short-Iived
squirt TO Sc cents The close yesterday,
however, was at 50 cents, a loss of =
cent for the week The mill is rapidly
approaching completion, however, and
it is expected that by next month it
viii be Increasing the revenues of the
sacramento, the other dividend-payer
entered the list again during the week
with The distribution Of 1z-ceut a share,
This caused a slight squirt, as in May
Day. butethe final sale Yesterday was
3Sts cents bid and 40 asked a week be-
fore.
century was one of the strongest
stocks on the list. At the close Of the
with no bids over S1.3o. During the week
fattering reports came from the mine,
and buying orders made their appear
anee. Friday the $2,o00 gold bar; repre-
SeEfLlD2 Two weeks CLcal-QD- arrived III
salt like and yesterday bids of St.81
failed to coax OUT "a stock, which was
held at $1.95.
Ben Butler bounced up On the
strength OF a strike Of -four feet of fine
g~alena. From offerings at 91s cents,
with bids a cent lower, It old up, until
yesterday it touched u cents, reacting
scent at the close.
Yankee. with a splendid showing at
the mine, was strong, going from S2.S7
bid to g, reacting little. and CLOSING
yesterday at 1895. DaIy-WeSL, Grand
I Central and other hish-priced stocks
were strong, although lower Nam
moth made a net loss 1t closed the
previous week at SAT- bid. sold irrregu-
larry during h week and closed yes
terday at S4.O41s. a little of from Fri
day
star. Martha washington and West
I Morning Glory were amOng the stocks
( that aased off during the week star
closed at 4g1s. a loss OF IA cents Mar
: tina at 40 a loss Of cent and West
Morning GLORY ats cents. scent lower
thar the bid price Dfta week before.
During -tHe week 521,16T shares Of
stock were sold for S247, 226.T7, while the
heavy deals in high-priced stock Thurs
day made q new record of business foI
tbe exchange
Closing quotations yesterday, witt
sales made. were as follows