Show the salt lake stock exchange BY J A HOGLE P nineteen hundred fifteen opened in gloom stock and metal prices had not recovered from the extreme depression caused by the war most of the copper mines had cut their production in half and about all the silver lead producers had curtailed on account of the low metal prices zinc had only just begun to lead the way which all the other metals later followed but its influence was not yet felt four years of drastic liquidation had cleared the market of all weak spots and practically no margin accounts were being carried on bankers and brokers bro kerst books due to this fact more rember member of the governing salt lake stock and mining exchange board of th the e than any other the salt lake exchange was wa able to keep its doors open when every ever t other stock exchange in the world wa was s coo belled to close this should always be a matter of pride to the people of utah by the end of january a better feeding feeing to was noticeable all that was needed I 1 arouse interest it was said was a go soa od strike at one or two mines this occurs d at the cardiff and sure enough it staw start d th calmin clr n I 1 11 abed boom in alta stocks which C soo soon n after a second strike had been anade ma 08 ki at the south hecla I 1 metal prices began to advance in 11 febra F lj to ary and by april zinc and copi copper er had hadra rill to boom figures f the former to th the e highest big int nt in its history consequently zinc ard copper stocks responded but the silver d producers though improving gradually wed little change until june when lead bk k a sudden spurt to 8 cents a pound ie pace was too fast however and silver 14 it 1 responding and lead dropping 3 cents i its advance copper and zinc also react most of the better known stocks still id d back interest began to broaden hower and fixed itself on the stocks in dis acts ts that had lain dormant for years new japs ps came to the front and a greater varly y of stocks were traded in than ever fore ore in the exchanges history at prest the securities of over companies are ted though all are not actively dealt in A good gauge of the amount of activity the exchange is the price of the seats ere are seventy five memberships of ich the exchange itself owns nine at i beginning of the year one at least need hands at a price as low as august they were up to but since sn they have receded somewhat their ecord ord price in former years was 2750 during november silver began its first ireal eal advance which by the end of the month amounted to 8 cents above its low V of the year copper rose to 20 cents a pound again and zinc holding its own the producers cers began to show splendid earnings h gs some dividend increases were mado made a may day daly judge and eagle blue bell 11 silver king coalition resumed its a ay ments silver king consolidated though showing owing greater earnings continued the same a me cardiff and prince consolidated entered red the dividend list and mammoth and grand rand central came forward at the end of ahe e year with christmas presents to their tt t stockholders tock I 1 1 holders the total dividends paid by tah i mining companies during 1915 amount id d to slightly over MR the past four years of depressed prices resemble in some respects the years from F to 1897 we vve suffered more in the cormer 0 because of the fact that silver mining f n 9 almost ceased and it was the chief metal mined then whereas now it occupies a secondary position in the industry twenty years ago we emerged from three years ears of depression and bankruptcy crippled financially and it took up three years cuore lore bruntil or until 1899 to get on our feet again he tremendous development that has been joing on in our coppers copper mining and smelt pg 9 during the past ten years and the added income come lately received from zinc ores have padded greatly to our financial resources me ithe L recovery at present times under normal al conditions would not have taken three L ears ars because of our stronger financial con the present times however are pat ot normal and the excessive demands for inet metals als and farm and ranch products which war always brings has hurried prosperity 11 to us before we were prepared for it W jd an before e ore many of us rea realized ize that a 1 it was here we are probably now at about the same stage of recovery from depression and readjustment that we were in 1899 9 but the whole nation is stronger now in its resources and finances if students of economics are not misled and if history does not refuse to repeat itself we are on the eve of a period of progress such as the metal mining west has never known below is given a table of statistics snowing the high and low prices of the active stocks dealt in on the exchange during 1915 with sales made in each stock also a table showing by months the number of shares dealt in and the values of tho the stocks changing hands range of quotations below is given the high and low of the active stocks and the number of shares traded in during the year quotations furnished by J A hogle co high low sales alta con 03 alta tiger 09 00 albion 48 13 beek beck tunnel 4 bing Amal ged 11 1112 04 black jack 13 05 big cottonwood 1112 cedar talisman 06 columbus ext 60 06 colorado mining 14 06 cardiff daly 67 50 1500 daly judge dragon con 23 1412 eagle blue be bell 11 ll 2060 emma copper 91 04 gold chain 31 10 grand central 68 48 iron blossom 63 home run 08 03 keystone 20 king william 4 01 little bell 18 10 2000 lower mammoth 04 mammoth 40 40 mason valley may day 2312 1212 mineral flat 05 0 olia 3 3 3 0 0 0 michigan utah 50 22 moscow 55 22 nevada hills 35 21 ohio copper 32 10 Opo hongo go 03 00 paloma 12 02 16 prince con 87 20 rico wellington 22 09 rexall 21 0 3 sells 95 15 seven troughs cl CI 45 35 silver king coal silver king con south hecla 14 texan 26 14 tar baby 2112 05 uncle sam 12 04 wasa wasatch c i mines ines 10 west toledo 1912 19 01 wilbert 20 03 yankee con 49 05 totals 1915 shares value january february march april may june july august september october november december total |