The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-11-16
THE WEEK ON CHANGE.
Business Was Fairly Good, But Prices
Showed No Improvement.

The past weeks business on the
mining exchange brought out a total
/ of 422,2S5 shares. with a selling value
of $230. 9S4.25, as compared with 32S,-
4z5 shares and 1852, so during the
l week previous. At yesterdays single
regular and open board sessions p, 800
! shares, with selling value of $I4.014.12
changed hands. With the exception Of
a single day, Thursday, when there
was slight rift in the clouds over
| hanging the market, the week has been
an uninspiring one, the slumpy condi-
| ton of the eastern market being re-
l nected in the trading here. For a sin
gle day. it looked as though a change
for the better was imminent, but the
movement was apparently premature,
for the close finds conditions practical
iy the same as they have been during
the past two weeks or more. 1t is not
thought likely that the market will go
much If any lower, and an improve
ment may occur at any time.
Compared with the opening of the
week, a majority of the active stocks
are selling a little lower, but the rather
limited offerings are taken to mean
/ that a crisis has been averted and that
holders who may have had every rea-
son TO sell have about been cleaned out.
Ajax closes about 1e off with no trad
ing, while Carisa is going at 1715c, as
against 18c at the close on Monday.
Consolidated Mercur is practically
unchanged at S1.79 bid, $3.50 asked. Gen.
fury at S515c, is in the same condition,
with Sacramento, Sunshine and IngOt
holding uninteresting positions, though
the latter has picked up a little during
the past day or two.
Daly-West has suffered perceptibly.
Monday it sold at $40, while yesterday
IL was delivered down to $4470 Sill
yer King, though inactive, is offered
Mt Lee 49, -
mand for it OIL Monday, while DAILY
Judge is selling al 50 to $9.0S, just about
the same prices which ii commanded at
the beginning of the week.
Grand Central is a cent or two lower
than on Monday at 1896 asked, and
Lower Mammoth at S1.35s4, is down 10c
share. Mammoth has shown some
activity at $1.72 back to S1,65, though
the close finds it without a Quotatio
May Day has declined from 25c to
2l12c, but its friends are predicting bet
ter prices now that it is beginning to
market ore from the bodies recently
opened on the lower levels of the mine.
Ontario, with no buyers, has declined
TO $3.50 asked, while Utah, with a little
stock coming out, has held close to the
6Oc mark. Uncle Sam has been crowd
ed back about 1c a share, though sales
have been few and far between. Hold
ers of this stock are very confident of
the AuluES, ana at the mine
seem to warrant that confidence.
Black Bess, the latest candidate for
favor, has demonstrated it's ability to
| hold its own with the best of them,
and Ben Butler has withstood the on
slaughts of the bears without waver
Boss Tweed has been inactive, while
its neighbor, the Victor, has been ac-
tive at gradually sagging prices, the
closing quotations being 10c bid, 1896
asked.
California closes the week with no
sales at the final session, a most I'M
usual thing for that lively performer.
Monday it was selling around soc a
share Since then it has touched 21c
and the close finds il at 23c bid and &c
more asked.
New York opened at 441sc, and the
bears jumped onto it with both feet
and were not checked till they had bat
ted it down to 33c. Then it began to
assert itself and got back to SIC. 1t
closed the week on sales ranging ioe-
tween Csc and 36Ac.
Wabash has also received harsh
treatment. and the fluctuations in the
selling price have been the life of the
exchange during the entire six DAYS
Monday morning il opened at BLOB.
and before night it was to be had at
791zc. From there it was raised to well
over the 81 mark on Thursday. while
the final sale yesterday was at Sc
Final quotations and the record of
sales made at yesterdays calls were
q & follows.