The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1901-02-24
WEEKS STOCK MARKET
Good Business and Good Prices
the Record.
DALY-WEST REACHES S33
FIVE DAYS SALES AMOUNTED
To $1o2, 34e. 90.

The salt Lake mining share market
shows steady improvement as the sea-
son advances, and prices are strong
and generally well maintained The
past week, with one day short, showed
a volume of business nearly equal to
that of the week before, and the clos
ing quotations yesterday indicate that
no slumps may be anticipated at the
opening tomorrow.
For the five active days of the past
week 224, 1888 shares were registered as
sold on change for $102, 1880, as COM
pared with 281, 1872 shares and S102, 361. "a
the week before.
Ajax has advanced in price and
steadily grown in favor during the
week on the belief that important de-
velopments must soon occur on the
1,000-foOt level.
Anchor has held its own and Bullion
Beck has strengthened, though quota
tons on the latter count for little, as
the stock is not at all active.
Ben Butler has been down almost to
IS cents during the week, and while it
closed at that figure bid yesterday,
holders were demanding cents.
Consolidated MeTcur has been sell
ing freely at S3.15 to 1922 and large
blocks were sold on ten-day options at
the latter figure. The mine and mill
are reported TO be making a fine rec
ord now, and an Improvement is
counted upon after the listing of the
shares in Boston, where the market is
not so narrow.
Daily has registered a sharp adj
vance. It was quoted a week since at
S1.51 bid and $1.60 asked, while yester-
day it sold at S1.S9 and $1.9O, closing at
81 asked.
Grand Central and Mammoth, the
warning neighbors, have both been
( a tor hrTC "a
been registered by them.
Lower Mammoth has been down to
S2.72 during the week, but it is back
above SO again, with indications that
the bear raid has ended.
May Day has been one of the star
performers of the week, as every day
has marked an advance-nOt heavy, but
steady and sure. A week since 43 cents
was the best figure obtained; yesterday
it sold at 4S cents.
Daly-West has surprised even it's
most ardent admirers. One week ago
the best offer was $30.75; yesterday it
sold for $33, and every sale during the
week, both on and off the exchange,
has been made at an advanced figure.
It's friends expect it to go to $40 with
out a setback.
South Swansea, with the suit of the
-Four Aces withdrawn and an arrange
ment made to absorb that property,
jumped from 50 cents to SO cents to
s1.35 in a day, and it closed the week
at $1.30 asked. Transactions in it have
been light, because holders refused to
sell.
With the sale of the property ar
ranged on a basis that will eventually
bring the holders 81 d share, Sunshine
has advanced from % cents to 40 cents,
though it eased down from 81 cents to
80 cents and closed at 81 cents bid yes
terday.
Star Consolidated has been fairly
steady at IS cents to Is cents during
the week, while TesOra has risen and
fallen and risen again. 1t closed on a
sale at so cents yesterday, the highest
mark in a long time; but the talent is
banking on it's going considerably
higher, as grading for its new mill will
begin tomorrow.
Little Chief has held firm at 10 cents
to Is cents but business has not been
stronger and Martha Washington is
also advancing.
Johnny, the Stateline gold PROPOSE
/ ton, which was listed two or three
months ago, registered its first sales
/ yesterday, 100 going at 81 cents and
100 at so cents.
/ Silver Shield, on reports that the vein
has 'pinched,' has been on the tobog-
/ ban all week and from u cents has
dropped to IA cents, at which figure
/ ], 500 shares were sold yesterday.
! All of the other shares dealt in have
/ held up splendidly and in some of
/ them a nice business has been done.
/ The five days trading with no call
/ Friday is reflected in the following
table: