The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-05-24
MINING STOCK EXCHANGE.
Weeks Business Good, Though the
Market Weekend Somewhat.

While business on the mining exchange
has been very good during the past week.
the trend of prices, generally Speaking.
has been DOWN. ard The market closes
ia better condition than It has shown for
two or three days past, however. and the
outlook for the coming week is anything
but ClScOuTaglng- During the SIX days
a total of $500 shares of stock. with
a selling value of S245,S16, changed hands
while the record for the week previous
was 346,t46 shares and S25l ,912.Sl. At the
single call yesterday 20,l24 shares sold Tor
SO 420-13-
Consolidated AIercur. which was very
much in the dumps the week before, has
done some business during the past few
day at figures ranging from Sl-Z5 to
$l-26l2- Everything IS moving smoothly
at the mine and mill, and at the latter
preparations for the installation of the
new slime-treating plant are under way.
while material for it is expected to be
gin arriving any day.
A little trading has been done in Cen
fury around 65c a share and from the
record which mine and mill are making
the talent looking for an advance in the
price Sacramento. another of the gold
stocks has held quite firm at 26c and
over. and reports from the property are
of a most assuring nature
Daly-JudSe has fluctuated more during
the week than is usual for that stock.
From an opening on Monday at s1O5O
it rose to S11, and then began TO ease
down. sales being made yesterday at $3.50
TO $3.50 The changes in the new mill
are being rapidly made and another week
or ten days should see the enlarged plant
III complete operation. Daly-W est. in
sympathy with the Boston market. was
very weak during a greater portion of
the week but it bgan to pick up again
yesterday, an odd lot going at the close
Carisa. on the strength of rumors that
important changes are occurring in the
mine. has grown in strength for the past
three or four days while California has
been rather inactive around l3lac
NT sold F-re7T
S154 to STA on Monday, has been in
the dumps. 50 to speak ever since At
one time during the week it sold as low
as SlZL- but from that II began to move
up again and for the past two days II
has held around S1-36. the close firding
il strong at S1-3S- At the mine the shaft
is being crowded for the 1900 level and
the body of high grade ore on the 100
level is said to be stronger than ever.
The impression still prevails that the
property Is gong 10 prove whale at
greater depth and insiders are not De
Geved to be parting with any consider
able amount Of their holdings, which
were largely augmented at 54c up to
May Day closed the week at &c under
Mondays ruling price. but the impress
sion appears to be well grounded that 1t
is destined to sell much higher in the
near future Its concentrating plant is
being put up at the mine and within a
couple Of weeks or 50 it is expected to
be in operation The mine itself Is said
to be opening up nicely and when the
milling of the second grade ore begins
an increased tonnage Of first class viii
also be finding its way 10 market.
Uncle Sam is also making a fine record
these days and the stock. which OF course
has felt the effects of the general soft
ening of the market during the woNE.
closes in good form at 279zc bid, 2SIzc
asked.
New York. one Of Park City's most
popular low priced stocks. has fluctuated
between DC and 25lzc. yesterdays sales
being made at 26c. At the property a
{ station is now being cut on the 800 level
where a little prospecting in the vein
will be done. Il is possible, however.
that TO reach the pay chute another 100
feet viii have to be sunk. The shaft
is to be continued on down e that point
Wabash. with another sc assessment,
has held very firm and what infOrma-
ton is Obtaiuable concerning conditions
underground. though meager, seems to
indicate that the ground is looking
mighty interesting.
Star Consolidated, on which IT. was re-
ported q few days ago an option was
pending, shot up TO 42lZc on Monday
With report UncOnfirmed it began to re-
cede- and yesterday it sold as low rs 29c
and closed on sale at 3012C. The mine
is looking better than ii has done for
many months and it viii surprise no
ing week. Yankee Consolidated touched
SIC on Monday and then began to ease
off It closes strong at soc.
Among the nOn-lSted stocks dealt in
on the open board during the week were
COmstock at S1-65 to S1-70 Majestic at
So Mo4taua-Tono9Pah at $1;l5 to S1-z1
and NaildrIver at Sl-45 70 $50.
Following is the list of final quota
lions and record of sales made yester-
day.