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Show 8 INTER-MOUNTAI- MINING REVIEW. N STOCKS LISTED ON THE SALT LAKE STOCK AND MINING EXCHANGE. This list is incomplete, as many Utah mines have been and are now operated at great profit by individuals and close corporations that do not publish their dividends. Twelve millions would be a conservative estimate of the amount of dividends paid by these mines. change in Eagle, the stock still being down to a point that ought to tempt The local mining stock market con- investors. There was some demand for tinues flat, the past week having been but not at figures approved Herschel, by the about the dullest of the year. There holders. Fifty thousand shares of this has been a fair amount of outside in- stock have been placed in England. There was very little trading in Mamquiry and orders, and, with the excep- moth, but the demand continued strong tion of some of the Camp Floyd stocks, and prices were stiff. Mercur dropped down to $6.20, as the prices have been well sustained. The conresult of a stampede of local holders. feature of the week has been the is 20 cents higher than the price tinued slump in Mercur, a senseless This which at the stock sold at the first of panic having apparently taken posses- the year. There is nothing to justify sion of some of the local holders. The this selling movement, except the posnoted apathy and timidity of Salt Lake sibility that one dividend will be passed, owing to an accident at the investors has been forcibly illustrated mill, which has now been repaired. One which has break in this Mercur, d holder of a by block of stock below been offered freely at prices far placed it upon the market, as he deto realize in order to embark in the actual value, and at a time when asired business undertaking. Other stockconditions at the mine are constantly holders followed, one alter another, like improving. The general local selling a flock of sheep, and the result has been movement is not expected to continue that more stock has been offered than market in its present quiet state much longer, as local capital will not the could take up. A majority of these hold itself permanently aloof and, with stockholders purchased at from $3.50 to the assistance of outside business, will $5 per share and realize handsome prorestore strength and activity to the fits, even though they are throwing away $1 per share. The offerings are market. The board of directors of the Galena being slowly absorbed by investors who the situation, and those company have decided to list their understand are who waiting for still lower prices property on the exchange. The mine is are to be disappointed. All sorts likely located at Fish Springs and pays a of rumors bear have been industriously dividend this month of 5 cents per circulated during the week, but there share, increasing the total dividend is no foundation for the stories put payments to date to $23,000. It is capi- afloat, as the prospects of the company talized at $1,000,000, divided into 100,000 niNING STOCK REVIEW. fair-size- shares. There was considerable inquiry for Alliance during the week, but no sales were recorded. Ajax continued on its downward course, a sale being made at 76c. The stock is apparently being beared for a purpose, as conditions at the mine do not warrant the course pursued by some of the heavy holders. Bullion-Bec- k found sale at a few below $7, and a block of points changed hands at $75. Fair-size- d blocks of Dalton & Lark the treasury stock were taken during conweek. The output of the mine is stantly increasing and another dividend of half a cent per share will be paid on the 15th. Sales of Daly at $8 and of Daly-We- st at $7.10 are reported. There is still no information as to when a resumption of Daly dividends may be expected. There was continued activity in East Golden Gate, a large number of shares having changed hands at prices that have recently prevailed. There is still Cen-tennial-Eur- eka were never better. Ontario sold at $13.50, a advance over previous figures, slight which illustrates the general firmness of the silver stocks Silver King was in demand at $15 and higher, but the stock is held stiff at $16. This stock is likely to increase in popularity mong heavy investors, as the immense bodies of high grade ore have scarcely been touched and the mine promises dividends for many was turned into the tanks prefer to sell at a loss rather than wait a reasonable time for the management to determine the method for obtaining the best possible results. All sorts of foolish reports have been circulated, but, as stated by The Review last week, the mill is now saving between 70 and 80 per cent of the values, although experiments are continued, in the expectation of achieving better results. There was very little activity in unlisted stocks, Little Pittsburg even being in the dumps. Only 160 shares of Dalton were sold for the delinquent assessment. Swansea advanced in the bidding to 55 cents, and was offered at $1. Tetro is held strong at 10c, and 75c was bid for Electric. The unlisted shares closed as follows: years to come. Utah is still held beyond the reach of buyers. The regular monthly dividend of 2 cents per share will be paid tomorrow. The completion of the Deep Creek The calling list of the Colorado Minrailroad and the erection of the hoistStock Exchange at Denver has ing plant now contemplated will large- ing been rearranged into four classes: Listly increase the earning capacity of this ed mines, listed prospects, unlisted property. stocks active and miscellaneous quotaSunshine went down to the lowest tions. Between the first and second point yet touched. Some small holders calls trading is done in the miscellawho purchased thrf? months ago in the neous list. There are than 100 expectation that dividends would be stocks on this list, andmore brokers have paid as soon as the cyanide solution a wide selection. for margin |