The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1901-07-28
WEEKS BUSINESS
ON STOCK EXCHANGE
In All 375,972 Shares Sold
For $286.559.37.
MANY STOCKS ADVANCED
UNCLE SAM CON. GOES WELL
OVER THE So MARK.

With two days in which only one
call was had and a complete suspen-
sion Of business on Wednesday. the
mining stock exchange closed the week
on the sale Of 375,972 shares. with
selling value of $2S6, 559.37, yesterdays
business being represented by the
transfer of 42.S75 shares for S39.O7I. 81
The market as a whole has been I'M
usually strong and buOyant for hot
weather, and the indications now are
that the summer vacation slump will
be very short, if, indeed, it occurs at
all
Ajax has been the star performer,
and While 1t suffered a bear raid for
a day, it closed the week much stronger
than 1t began. Monday it sold between
S1.6I and 10, while yesterday it
touched $1.T6 and closed on a sale at
Sl75A.
Ben Butler secured second place in
the favor of the talent, and an enOr-
nous business was done. It opened
the week at 20 cents to p cents, and a
day or two later touched 20 cents. 1t
held up firmly until Friday, when it
began to recede, and yesterday. under
the pressure of disQuieting stories from
professional manipulatOrs, II was
frightened out of timid holders at 16
cents to Il cents.
DaIy-West, that early in the month
increased the size of its dividends, has
been weak around S42, while Ontario,
which also came back into the dividend
column after an absence of more than
a year, also failed to score any ma
teTial advance.
Lower Mammoth has made a good
record. Opening Monday with a sale
of 1886, every day has witnessed an
advance. until yesterday ii opened at
$3.50 and Jumped with each succeeding
Gfa p1nca when II sold
for $685.. May Day has also shown
good form, registering gain during
the week of fully u cents a share.
No less gratifying to the sharehold-
ers has been the steady and healthy
advance of Uncle Sam Consolidated
Monday last it sold for S1.s21a to $1.S7.
Friday it stepped over the 81 mark for
the first time, selling at $2-05. Yes
terday it began at S216 and when the
gaveI fell for the last time it had gone
over the counter at $2-1S12-
TesOra has been quite active during
the week, with prices ranging between
S1.O61k and S1.10, the average being
close to $1-0S a share.
Star Consolidated, with no reports of
moment from the mine, has been con-
siderable of a drag and prices quoted
yesterday were a little under Mondays
figures.
active. but prices have sagged about
/ cent a share, owing, no doubt, 10 the
fact that no changes have been re
ported from the mine, where the time
has been consumed in cutting a sta-
ton on the 800 level.
Dalton. that has been dead cog IN
the nit for some time, was resuScltated
on news of strike in the lower tunnel
of the property, and quite a number OF
transfers were made at ~ cents TO
cents.
II. Refine has been weaker during the
week and sales were made at 30 cents
down to 80 cents a share
Boss Tweed has been advanced from
20 cents to 2615 cents bid on the
strength Of what the new management
win do when control is taken by the
SNYDER syndicate a month hence.
United Sunbeam has been rather ac-
tive and sales have occurred up TO 30
cents q, share. Ia
Yankee Consolidated has been held
awav above the s. mark and no less
than $3.50 would touch 1t YESTERDAY
Al the mine the filling of the ore plns
has commenced and shipments Shouio
follow within the next few days.
Yesterdays closing quotations were
as follows.