OCR Text |
Show 10 INTER-MOUNTA- STOCKS IN MINING REVIEW. LISTED ON THE SALT LAKE STOCK AND MINING EXCHANGE. NAME OF COMPANY. Aiax (Copperopolis) Alliance Anchor Annie Brick Consolidated Ballion Beck Centennial-Enrek- Dalton A a . . . Lark Daly Daly West Eagle East Golden Gate. . . Eureka Hill Four Aces Galena Geyser Gemini Herschel Horn Silver Mammoth Malvern Marion Mercur Ontario Overland Silver King Sioux Con Sunshine Utah Total This list is incomplete, a9 many Utah mines have been and are now operated at great profit by individuals and close corporations that do not dividends. Twelve millions would be a conservative estimate of the amount of dividends paid by these mines. their publish niNINQ STOCK REVIEW. There has been little doing in local stocks during the week just ended. With but one or two exceptions the market has been lifeless, and almost the wrhole list shows losses. Notwithstanding the favorable opportunities for buyers, there seems to be little inclination to speculate, and this condition is likely to continue until the exchange resumes business. There is a that some important possibility changes will be effected in the methods and personnel of the management of this organization. A meeting has been called for today, for the purpose of taking up this matter. The reformers advocate a complete revision of the constitution, claiming that the present laws are filled with incongruous and objectionable provisions. It is prorules of posed to take the and the San Francisco, Los Angeles from and Colorado Springs exchanges them make up a net set that will give better satisfaction. It is also contended be that the governing board should more composed of men who take a active interest in the affairs of the of exchange. It is charged that some the members of the present board have never been upon the floor of the exchange, and it is impossible to secure their attendance at a meeting. It is hoped that the present agitation will as will bring about such a condition secure to the exchange the united support of all brokers and traders. There has been some little business in Ajax at about previous figures. There was slightly increased demand for Anup-to-d- ate chor. is un- practically changed, with little demand and light offerings. The regular monthly dividend of 15 cents per share will be paid on the 20th. The failure of the Centennial-Eurek- a option has had no noticeable effect upon the market. Very little of the stock is offered, and it is quoted nominally at $75. Eastern stockholders, so far as heard from, express satisfaction over the result, one of them writing that he knew of no investment so good as Centennial-Eureka stock. Ore shipments been have resumed, and the monthly dividend of $1 per share was paid yesterday. There was some business done in Daly, but the stock is still off. Daly- Bullion-Bec- k West continues strong, but the offerings are light, and there is no trading to speak of. Dalton & Lark remains at about previous figures. East Golden Gate and Eagle were without feature, and are quoted nominally at about previous figures. Very little Four Aces was offered, and no transactions are reported. Galena remains at about $2, and shares in the general depression. The monthly dividend of 5 cents per share was paid last Friday. the general dullness. Swansea suffered a further decline, and sold at $2.152.20. South Swansea was slightly lower and the offerings were very light. Dalton sold at but the recent offerings of 2, this stock have been nearly all sorbed. Buckeye is lower. The listed stocks ruled about as follows: Horn Silver has dropped back to the old figure, $2 bid and $2.30 asked, with nothing doing. Mammoth was one of the very few active stocks, but there has been no material change in the quotations. A number of sales have been made durextra ing the week. The talk of anfoundadividend this month, is without tion. The mine makes a fine showing of high-grad- e ore, but it is not the policy of the management to crowd the production. Mercur has been active and stronger, and a number of sales have been made, the largest being a block of 500 shares, which sold at $6.40. There is now very little stock upon the market, and it shows every indication of an advance. Rumors of pending negotiations for the purchase of the property are still circulated, but they can be traced to 12no authentic source. The dividend of cents per share will be paid on the 20th. GO Ontario is still weak, and is offered freely at $12, with $11 bid. Silver King was strong, and was offered during the wreek at $17.5018.50. This property is paying larger dividends than any other Utah mine, and is in shape to continue at the present rate for an indefinite period. Sunshine is still a favorite, and the decision of the company to increase its mill capacity to 150 tons will strengthen the stock. Since the plant was started up a series of elaborate experiments have been conducted by experts, and i the management has ascertained what methods to pursue in order to effect the minihighest saving of values at the mum cost. The output of the fifty-to- n plant while these experiments were being made has not only paid all operating expenses, but has left a handsome surplus in the treasury. No dividends are probable until the addition to the mill has been completed, paid for and placed in operation. Sioux Consolidated and Utah are without feature, with no change in the quotations. The unlisted stocks have shared in abun- m TJ tw CD 0) OD O CO rm CD w 0) H 09 W ss r 2 2 3 a O g o 2 10 PI anV m 3 a o 31 CD 3 5 HL 3T to O X H 0) M W M W S CO |