The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-10-26
MINING STOCK EXCHANGE.
Week Has Been One of Demoraliza.
ton in Prices.


The weeks business on the mining
exchange closed yesterday with the
sale OF 60.100 shares of stock, with a
selling value of $2s.1S7. the total trans
actions for the six days being 4s2,745
shares, which sold for $2s2he29.63.
The market has been a very cratic
one and in a number of stocks mide
fluctuations have occurred. Some have
gone crashing down the line, while
others have recorded substantial ad-
vances, the former being largely In the
majority. The past two days have
been the worst OF the week. as viewed
from bun standpoint. and there was
nothing in yesterdays trading TO indi-
cate anything better for Monday.
In not a single instance has any
thing occurred at the mines 10 cause
decline IN any company's shares. and
the knocking Of prices can. therefore.
be attributed TO nothing but manipu-
lation.
Ajax, Carisa. Tetro. Ingot, Victor
and number OF the less active shares
have wiggled through the week with
but slight variations from Mondays
quotations.
Consolidated Mercur has held closely
to the $l.95 mark, while DAILY has done
some business at and closely around
81. Ontario has sold at $3.50 and $S25
and DAILY West has been rather quiet
at close to $50. Daly-Judge has fiuc-
tuated between Sl0.50 and Sll. closing
as il started
Lower Mammoth has been one OF the
best examples OF strength on the board.
Monday il sold at S1.44 20 SL46A. and
every day up TO Friday witnessed an
advance in the price till it sold at Sl.65.
From that IL has eased of little and
closes with sales at s1.60ls 10 $1.63
May Day. from which much has been
expected during the past few weeks.
and which sold up to 3Sc a few days
since, has been on the tOboggan all
week. Monday it was selling at &c.
Yesterday il was delivered in almost
any quantity at 2i1se back TO 20%e.
though no unfavorable news has come
from the mine.
Century. with every assurance that
the mine and mill are performing
splendidly. with data at hand 10 show
that the months production OF gold
bullion Will exceed $4,000, has been
hammered from the turn-loose Mon
day IL sold at $l.0S3k 10 $40. while
nearly 5000 shares at SSc down 10 92c.
California was damned down by de-
grees from sSEc TO S5c. On Friday
the directors called for an assessment
OF &c a share. and yesterday the trad
ing in 1t was done at and around SSc.
The only other stock 10 keep Lower
Mammoth company and advance was
Star Consolidated. Early in the week
il was reported that A siX-fOOI bOdV Of
two-ounce gold ore had been opened
on the 500 level. and from 17c on Mon
day morning il has since moved up
TO 234c.
Uncle Sam also recorded a strike of
high grade gold ore. but from the mo-
ment II was tapped the management
has declined 10 talk about il and the
shares have remained practically sta
tionary around Gle. More will be heard
from the discovery in the near future,
superintendent Legg insisting that il
would be unfair TO discuss it till some
development in the body has occurred.
Wabash is another stock that the
brokers jumped on to early in the
game, and during the last two days of
the week il was sold every old way
and at most any old price, from 81 SO
Friday morning down 70 N.sTIz yes
terday. though it moved up lie at the
close.
On the open board Naildriver was
pounded down from $3.50 TO Size, Little
Bell from IS to sos and New York
from 5Sc to 5l1kc.
The day and week ended on the fol-
lowing record OF final quotations and
segregated list Of sales: