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Show The MarKet and the Mines. The brokers and dealers in mining stocks had but five days this last week in which to make history. his-tory. Labor day not only interrupted the work at the mines for two or three days, but tended to unsettle the Mining Exchange. Business for the five days was only about half as heavy as it was the week before. Prices, however, were less affected af-fected than the trading. Ten active shares that sold at the beginning of the week for $3,235 would have brought at the close Wednesday night $3.20$. Six went up and four declined. Carisa was 20 at the beginning of the week and at the. close 194 bid. Little Chief was 22 at the beginning be-ginning and 1J4 was bid at the close. New York made the greatest decline, dropping from 39J to 32. Consolidated Mercur from 51 receded to 47. I The brighter side of the picture is the advance I of Lower Mammoth from 28 to 28, May Day I from 9 to 94, Uncle Sam from 34 to 35, Mam-I Mam-I moth from $1.10 to $1.16& Ajax from 12 to 14, I and Silver Shield from 16 to 18. I Mammoth, which seldom becomes an active I participant in the affairs of the pit, has done quite I a stunt lately, indicating that some one is letting I go of closely held stock. The number of shcrss I sold during the week ending Wednesday night I was 55,380, their value $18,360.12. During the I same time the smelters settled for $401,100 worth I of ore as against $486,300 for the preceding week. I COMMERCIAL STOCKS. I Activity in Sanpete and Sevier Sugar, Consoli- dated Wagon & Machine preferred and Utah I Sugar preferred marked the week in industrial I shares. Options on the first sold during the week I at from $11.30 to $11.40. The second was dealt in I at $102 and $102.50, while Utah Sugar preferred was strong at $11. Reports on August trading I show that about $300,000 worth of industrial se-I se-I curities changed hands. The outlook for the beet crop in Idaho is said to be splendid. Utah beet I fields have suffered severely from the white fly, I but have been helped by the late rains and the I crop will by no means be a failure. The closing I quotations on Wednesday were: I T"l3id- Asked. I Amalgamated Sugar Co., pfd $101 00l$101 50 Amalgamated Sugar Co., com.... 190 00 195 00 I Beneficial Life Insurance Co 103 00 104 00 I Barnes Banking Co., Kaysville. . . . 125 00 130 00 Con. Wagon & Machine Co., pfd.. 102 00 102 50 II Con. Wagon & Machine Co., com. 90 00 93 00 II Commercial National Bank 110 00 115 00 II Dcserct National Bank 286 00 288 00 II Deseret Savings Bank 350 00 355 00 I Davis Co. Bank, Farmington. . . . 117 00 120 00 II First National Bank, Ogden 265 00 275 00 I First National Bank, Murray 115 00 117 00 I Home Fire Insurance Co 163 00 165 00 fl Lewiston Sugar Co 15 25 15 50 l Lchi Com & Savings Bank 119 00 120 00 II National Bank of the Republic. . . . 130 00 135 00 II Ogden Savings Bank 180 00 190 00 Provo Com. & Savings Bank 142 00 150 00 fl Rocky Mt. Bell Telephone Co..,. 92 00 93 00 II State Bank of Utah 166 00 168 00 fl Sanpete & Sevier Sugar Co 10 95 11 00 fl Sugar City Townsite Co 170 00 180 00 (1 The Utah Sugar Co., pfd 11 00 11 05 l The Utah Sugar Co., com 5 40 5 80 ll The Idaho Sugar Co 13 35 13 40 II Thatcher Bros. Banking Co., Log. 122 00 125 00 l Utah National Bank 165 00 170 00 Western Idaho Sugar Co.. 10 90 11 00 11 Zion's Savings Bank & Trust Co.. 169 00 170 00 I C. M. I 171 00 173 00 BONDS. Church 101 101 Salt Lake City Railroad 101 2 102 Salt Lake City R. R., 2nd mort. ... 100 101 Sumpter Valley Railroad 103 105 Utah County Light & Power Co. . 102 103 BINGHAM. Another Bamberger company has been formed to operate the Commercial and Mary properties. The company will be known as the Bingham Mary. Simon Bamberger is president, W. H. Dickson, Dick-son, vice president; John H. Been, secretary. An electric hoist will be installed and the sinking of a shaft will be immediately begun. Fortuna is producing fifty tons a day and the last shipment netted $23.50 per ton. Another shift has been put in the St. Joe tunnel, which is now in 2,200 feet. It has only 500 feet to go to reach its objective ob-jective ore body. The work of unwatering the Conger is progressing favorably. In driving the 900-foot tunnel in Copper Glance ground the company com-pany has cut several small streaks of ore and one vein six feet thick that will carry values of from $5 to $6 a ton. BEAVER COUNTY. From the Monitor, southeast of the Moscow, two cars of very good lead-gold ore were shipped this week. The Moscow put another carload of ore on the road to market Saturday. The Lenora is now becoming a regular shipper. Rock running as high as $200 a ton in gold has been uncovered in the Hecla group ten miles east of Milford. The vein is four and one-half feet wide. In the Skylark Sky-lark at 125 feet the ore body lately found' assays 19 per cent copper. At Newhouse the miners are moving into their new dwellings. The Peck concentrator con-centrator at the Horn Silver has begun treating the great dump at the rate of 200 tons a day. TINTIC. Ore shipments last week amounted to 110 cars, of which the Centennial-Eureka contributed fifty, Eagle & Blue Bell eleven, Swansea ten and Grand Central eight. May Day has begun cutting a new station at the 400 level, and the shaft from the tunnel will be put down another 100 feet as rapidly as six air drills can do the work. PARK CITY. Daly-West has declared its quarterly dividend of 60 cents a share. Stockholders of the American Ameri-can Flag met at Park City and re-elected the old board of directors, with Captain T. F. Singiser as president and treasurer. The Wolverine company will pay a dividend of $6 a share Oct. 2. ALL OVER UTAH. The Wyoming in American Fork canyon is producing pro-ducing a car of ore daily. During August the Columbus Consolidated at Alta sold $75,000 worth of ore. Eastern capital has been enlisted in the development de-velopment of the La Sal mountain mines. The Dirigo and International Copper properties will be taken over by a company capitalized at $3,000,-000. $3,000,-000. Boston parties are behind the project. From its last car of ore the Utah mine at Fish Springs realized $2,904.21, the contents being 161.16 ounces silver and 36.2 per cent lead. . 1 |