The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-12
Midway Safe Investment.

surely
Midway Safe Investment.
n.,5,,,a1, is ar present showing up the
- ~ +,,e camp. The ore shipments
80 been lighter. as they are not en-
5cs1Torin, TO rush matters. All ore
-tj,,,anfS average about $ZOO d ION
81, tho first dividend was paid Jan
+I,a +rea s11rv amounted to SIuOVVO'
and bv the payment or thaI NV NV o. 90
sag GOO left a balance on hano oL eo',
0O0 Today they show SlZZ'uVV III - e.. !.
urv and the company does lol pIe a. ~
i-1cresse dividends for at least thIee
- r,,,arfers at which time 1O cents
Iii surely be paid. This makes the
~ abo1,+ the safest of all TonopahS-
NTontana. is shipping more ore LhdIi
t,zra+ofore but from the amount VI
stocI, that is now on the market, IHTI
>, NO feasibility of it's reaching So IN
--ae+ore for some reason have lack Oh
confidence in it, and for the present II
Is advisable to leave 1t alone
North Star has been weak ana hdILS-
e. For the past two weeks. The
80 avrDected decision of the appeal OF
-,-jfs baoeiue against the company Is
a1-nec+ad within the next few days, ana
jf adverse to the company WILL pIoud-
III, onnd fine stock as low as 20 cents
p9,,,sav one of the insiders, has peeIi
tl7e Iareerst seller, diSpoSlng OF IaTSS
blocks. Judge HaWley, VINO rtIlu0iSu
the first decision will. no DOUBT De up
held. but the action of this STOCK can
not be foretold until the supreme COZ u
hands in its decision. Work on the
oropertv is not progressing rapidly
md the MANAGEMENT is allowing Ihlhgs
70 run along in an easy tashloh uhui
the outcome is known.
Golden Anchors weakness is due TO
lack of buying orders from insiders.
McKane and Schwab have picked up
MANY thousands of shares, but there
seems to be plenty more, and from
present prospects look LOT 1t u Iedcli
1925.
A strike in Ohio bulled the market
from IS cents to so cents; later deVel-
onroents show it TO be outcroppings OF
oE,,1e J-oin The rise was too sudden,
aYo6 consequently the stock has gone
bacl. tn 40 cents. and will probably
resch az cents. at which price it should
he bought. Cash Boy is showing very
fair improvements. and work on the
Drcpertv is rapidly progressing. Looks
good at % cents.
Tu+Ier should show decided improve
ruent. The promise that work is to be
started in earnest is about to be full
filed. Demand is coming from the
ee st.
West End is showing a great deal Of
activity. and is being bought in large
blocks by Tonopah people. There is
some meaning underneath it, but 1
cannot find it out. The stock will go
over 50 within the next week and will
probably sell as high as $2.10.
In view Of the strength in West End.
am at loss to understand why Mac
Namara, which belongs to the same
crowd. is at present so weak. They
have probably decided not to protect
the market. in order to get stock in
as cheap as possible. It may reach 40
cents. at which price 1t is the best for
ar immediate rise.
Home is very weak. and the Pitts
burg crowd. who have bought in so
much stock. unloaded considerable, and
I look for lower prices.
Tonopah Extension and TonOpah Ne
vada. after showing strength, have
weakened off considerably. the latter
having shipped considerably less ore
thar at any time in the past two
months. The latter should improve.
Monarch Pittsburg is a stock that is
rapidly coming to the front. It adj
icins the McKane-Schwab properties
and recently a Pittsburg crowd pur-
chased 10000 shares of treasury stock.
Active work is now to be commenced,
and as the Red Extension. the adjoin-
ing property, uncovered some fair ore
showings. It makes the former stock
look good.