Show THE SALT LAKE STOCK MARKET for sometime the pessimist has found considerable discouragement in the condition of the local stock market he has been frequently saying during the past few weeks that we need not look for an active market for many months he has often shaken his head and said this cannot last ast in january he said sell everything for prices will go lower we have not yet seen the worst in our stock market or the general financial condition of the country early in january the writer expressed his belief that we should see in the next few weeks an active stock market and a general advance of from twenty five to one hundred per cent in the prices of nearly all of the stocks listed on our exchange the writer is s an optimist the advances made since the first week in january have encouraged the optimist and given cold comfort to the pessimist A few figures in comparison will not be uninteresting we will give in the first column the ape low sales for the week ended january 2nd and in the second column the high sales for the week ended march and in the third column the per cent of gain week week per STOCKS ending ending cent jan janod ad mar ajax 1 t 18 IS 10 1 26 4 4 A beck tunnel 48 93 91 black jack 20 59 bullock 01 colorado ang 1 88 crown point 1412 28 1 90 daly judge 1 1 50 0 grand central 1 21 iron blossom 1 2212 51 1 lower mammoth 1 36 49 34 may day 22 1 40 82 mountain lake 1 27 1 49 81 swansea 23 60 south swansea 06 20 uncle sam 36 80 wabash 07 75 I 1 these are some of the comparisons many other stocks have made good advances while a few not more than three or four have made declines the general average therefore shows up very well in the he t case of the wabash the low sale at 7 cents was on the of january since then 18 cents have been paid in assessment notwithstanding stan din this fact the stock shows a remarkable gain wily why does our stock market maintain such strength tile the mines in nearly all of the camps were making a very good record in shipments just before the closing down last fall there is great wealth in deposit in the properties and the stockholders know that sometime they will be permitted to draw on their deD deposits it will not be long before the smelter situation and the condition in tile the money market improves so as to permit the shipment of ores As soon as it is announced that the smelters shelters sm elters are ready to receive ores and the mine owners have made satisfactory contracts the stocks are likely to make a considerable advance above the present market the steel industry is looked upon quite generally as the barometer of trade this business is showing considerable activity and orders are increasing on the of february there were more freight cars in use in the country than there were two weeks before on the 1st ast of the present month fully as many more were put into service there seems to be therefore a very gradual increase in the general business of the country and a return of confidence all of which is felt in the stock market our own exchange being one of the best in the country naturally receives much of the stimulus we may confidently look therefore for still higher prices on the general market 1 and a resumption of dividends in many cases before the end of the present year the optimist wears a smile W H T |