OCR Text |
Show 10 INTER-MOUNTAI- MINING REVIEW. N STOCKS LISTED ON THE SALT LAKE STOCK AND MINING EXCHANGE. NAME OF COMPANY. Capital. $ 3,000,000 Ajax (Copperopolis) Alliance Anchor 100,000 1.500.000 250.000 500.000 1,000.000 1.500.000 Annie Brick Consolidated Ballion Beck Centennial-Eurek- Dalton & a. . . Lark 2.500.000 3,000,000 Daly Daly West Eagle 1,500,1)00 150.000 3.000.- 000 1.000.- 000 250.000 1,000,000 East Golden Gate... Eureka Hill Four Aces Galena Geyser Gemini 1,000.000 500.000 5.000.- 000 llerschel Horn Silver Mammoth 10,000,000 10,000.000 Malvern Marion 1,5UI),0)j0 500.000 5.000.- 000 Mercnr Ontario Silver King Sioux Con Sunshine Utah 15,000,000 3.000.- 000 1.000.- 000 2.500.000 1,000,000 Total This list is incomplete, asa many Utah mines have been and are now operated at great profit by individuals and close corporations that do not publish their dividends.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. niNINQ STOCK REVIEW. The summer weather! that has just reached us may account for the lack of interest displayed by dealers in the business of the Salt Lake Mining Exchange, or the cause may exist elsewhere. Certain it is, however, that the transactions have fallen considerably below those of last week, the listed stocks showing a decline in business of fully 80 per cent. The decline in the d class is only about 25 per non-liste- cent, but the result of the weeks trans- actions shows a heavy decrease. Ajax recovered a few points during the week, and while no sales were recorded, bids excelling the sales of last week were frequently made; the holders keeping several points ahead. Alliance is inactive, the stock being held at 75 cents, while bids of 25 cents have been made. Anchor was weaker bid at the close, but was more firmly held than during the previous week. No transfers were recorded on the Exchange. Annie was without notable feature. Brick Consolidated stood up well and recorded sales totaling 800 shares, the stock being held at 65 cents at toe close, with Bullion-Bec- k 50 cents bid. closed much stronger, but did no business. Centennial-Eurek- a The stock is is without action. firmly held, while bids ranging from $71 to $81 are frequent. The Engineering and Mining Journal of May 23rd announces that 200 shares of this stock sold on the New Tork Mining Exchange on May 19th for $2.90 per share. This is undoubtedly an error as to held at 51 cents, with no bids. Eagle did nothing and the kids fell below the close of last week, with stock offered at 14 cents. The onslaught on East Golden Gate appears to have come to an end, as the stock advanced- - several points and was met with bids which, while not up to former figures, showed that confidence still existed in the stock. This comhoist yet erected pany put up the in the Mercur district, and its grounds are now being prospected through the long incline of the Golden Gate mine owned by Capt DeLamar. Four Aces, in Tintic, advanced during the week and as a consequence the sales were lighter, only 700 shares changing hands. Galena, in Fish Springs, maintains the hold it has secured on the public, and has improved until $2.10 has been bid. Geyser sold at 80 cents during the week, and at the beclose the best bid was a half-celow that mark. Herschel was without change, the public offering the same price as last week, while the holders did not reduce their selling price. Horn Silver was inactive locally, but a New York exchange reports the sale of 150 shares on May 19th at $2.20. Mammoth appears to be still in the hands of the bears. The stock has sold fct nt as low as $3.20, and at the close $3.15 was asked, with only $3.05 bid. Eight hundred shares changed hands and it is rumored that there will be a still heavier unloading, notwithstanding the almost positive assurance that a dividend will be declared in July. Malvern has been offered at 35 cents, price. The Park City properties appear to but no sales have been recorded. Twenty-fbe held so closely that outsiders can- our cents is bid for the stock. Mernot reach them. Daly received bids cur is a little stiffer, sales having been above those of the close of last week, made at $6.95. The stock Is held highwhile Daly-We- st withstood all offers er and closer than last week, but nothand withheld its stock to the finish. ing in the operations of the property ExThe only transactions on the can be assigned as a reason for this change in Dalton & Lark was a sale of circumstance. 200 shares on Friday, which went at 50 Ontario is absolutely without action. centr. On Wednesday the stock was Another dividend of $15,000 is to be paid by this company tomorrow, but even with that in view, the stock was offered at the close at $14, 25 cents lower than last week. Tomorrow the dividends paid by this company will have totaled $13,250,000. After repeated attempts to buy Silver King at $16, the would-b- e buyers have quit bidding, and neither bids nor offers are recorded. Sioux is another sulker, while Sunshine has relaxed somewhat with sales during the week at $2.50. Utah is stiff, but sold at $1.85. Of the unlisted stocks, Swansea is the strong favorite, and wonder is frequently expressed that the stock is not regularly listed. The mine is making regular shipments; the period of deand the velopment work is passed first-clais with property equipped new machinery. It sold at $2.12 on Tuesday, but similar bids on Wednesday failed to find the shares. Crown, Homestake, Northern Light and Richmond-Anacond- a were also active sellers, with prices ruling about the same as last week. The unlisted stocks closed as follows: ss |