The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-09-07
Special Market Letter.

Salt Lake City. Utah, Sept. 6, 1902.
The close of this week finds our mar
keI in fully as good form as the last.
There is more OF investment buying;
though, perhaps. less scalping (buying
for quick turns). There is much more
inquiry, at least at this office, from
outside the state. There is strong con-
fidence IN our Park City stocks, and
both the past and the present would
seem TO justify this feeling. No divl-
dend- paying stock at Park City ever
passes a dividend. The probabilities
are that the next six months will add
two, if not three. diVidend-payers 10
the list. Park City stocks will become
more and more the fayorites."
Ajax has been strong all the week,
and has sold around 40 cents, but il is
off little now. 1t seems firm at about
81 Con. Mercur has been off, and sold
around $2.03 and s2.04, but the market
would absorb many thousands before
breaking below 81 at the present time.
There is a probably well founded re-
port that the Creole is being taken into
the King camp and the stock can be
sold for 20 cents or little more. Bull
lion Beck has done some business at
1925 or a little more. There is but lit
tie of this stock on the market. Carisa
has been weak, as ! anticipated. DAILY
has sold at S2.05 and will go higher.
Daly-West is a little above $50, and.
as have before said, should go higher.
Dexter has done nottingham be
bought for about 25 cents. Buy a lit
tie. Eagle G. Blue Bell is off a few
cents and sells around Sill. / think it
high enough Grand Central is strong
around S. Ingot is a little stronger,
and / think may go a few cents high
er. Mammoth was staggered by the
adverse developments in its litigation
with the Grand Central, but quickly
rallied and is now stronger than be
fore. You can't get 1t much below
S1.45. Lower Mammoth, on a report of
a strike, is much more active, and sold
up to So cents, but is off again TO about
S31a cents. No change in Sacramento
or South Swansea. Little Chief, Joe
Bowers and Sunshine are all weak. May
Day is a little on, marked at q cents.
Swansea Is a little above a dollar but
any considerable selling order might
send il below a dollar The Silver King
dividends and price are Just the same.
| This is an interest proposition. Martha
! Washington has been very active and is
TO Tintic what the California is to Park
City-a sort of a humming bird II
has been close 10 cents but is below
6 now. Star Con. is about IS cents.
Ontario about So. Uncle Sam is of
a couple of cents. Valeo is held a lit
tie stronger-nO trading. You can get
II for about Is cents. Ben Butler is
weaker, and sells from Is to 1871 cents.
California is about where it was a
week ago, or q little stronger Today
the assessment becomes delinquent
Century has been up to $1.14, and very
active, but is off now. I think Ii will
recover. No change in Tetro. Victor
| has moved up to about % cents. Yam
kee, as I last week predicted, went on
and sold as low as 50 cents; 1t is nov
about So cents.
The open board is where the most
business is done. Il repeat, "the better
of these stocks should be listed" Wa
] bash has held its place as favorite or
the open board, with Daly-Judge and
Comstock as good seconds. Wabash
( has sold all the way from S2.3s 10 S2.7C
in the same day9I still think this good
buy. Daly-Judge is again close TO 81.
the high mark. Comstock has moved
I up 10 $l.32 or $1.33. l think it may gt
| higher. but man can't get broke tax.
/ Ing pIOHlS-
There is a good strike reported in the
| Little Bell" II il has not been mad,
! II Is liable TO be some time. d. and NJ
can be bought for IS cents; Silver Bel
at about the same price.
During the. past week a new candi
date for public favor has made its ap
/ pearance-the New York" The treas
ury stock was ali readily subscribed 70
at 25 cents. and is worth over so cent
today. / predict a busy. and perhap
a prosperous career for the New
! York"
Still another Park City property 4
being incorporated-the Lone Pine.
This property is situated near the heat
of Snake creek and adjOins the Roches
ter, the Southern Tier and the Wolver
inc. The two latter are now working II
ore Treasury stock will be put on tn
market. The difficulties of transporta
ton have retarded the development o
these properties. but that will be over
come. Pay some attention TO these new
properties. Any one of them is liabl
TO become a dividend-payer. You cal
get some Of this stock cheap now. Som
time you may be willing to pay BIZ
prices for il. Buy a little. Ask me 70
any special information. MY advice /
buy stock now. n. A. PAGE.
Rooms 24-25-2s, Walker Bank Buildine