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Show SHARES VALUED AT $5,660,606.18 ARE SOLD GN SALT LAKE EXCHANGE IN 1917 Total of 27,478,817 Are Sold; Entry of United States in War Cause of Decline in Last Quarter. LIK12 all other markets of the country, coun-try, the Salt Lake Mining and Stock Exchange during the past year has enjoyed periods of prosperity pros-perity and suffered from attacks of the blues. Just now it is suffering, although al-though in normal times such a market might be considered only in the light of a holiday slump. But the year's business, according to present estimates, probably will be 30 per cent below that of 1916. When metal prices were soaring early in 1917 and money was plentiful the market mar-ket was active and all stocks of merit, were bringing good prices. Then there l was a slump during April, May and June, followed by recovery in July, and August was. the banner month of the' year, both in the volume of shares exchanged and the amount involved. Another decline appeared in September, and that decline still is in evidence, a little more so every dav during the past month. The decline in the second quarter was brought about by the entry of the United Slates into the world war, the first Liberty Lib-erty loan and the price fixing of copper. The Liberty loan absorbed several millions of loose change around the state, but when the price of copper was fixed at 23 cents and metal demands were heavy during the third quarter, the market revived. re-vived. But the revival was short-lived, for along came another Liberty loan and absorbed a few millions more. The effect was much the same on all the markets of the country, save possibly those dealing exclusively in oil stocks. The oil stocks were among the last to feel the depression. Columbus-Kexall was the sensation of the vear on the exchange. From around 10 cents a share early in July, Rexall began be-gan climbing after the strike of a big bodv of high-grade ore, and kept climbing until it reached $2.80 a share. Since attaining at-taining that apex it has been on the decline, de-cline, along with other meritorious issues. The second Liberty loan appears to have been largely responsible for the final decline de-cline of the year, but it was ably supported sup-ported by fluctuating markets in the east, unfavorable conditions In Russia and reverses re-verses of the allied army on the Italian front. Then came the climax, the holtday period, when everybody is investing in Christmas presents instead of mining stocks. I Although the business transacted during the year was considerably lower than that of 1916, on the whole the business was well above the average, approximately 70 per cent above that of 1915. ' In view of the. stability of meritorious oil stocks, there has. been an agitation for several months to list oil issues on the exchange and although no definite action along this line has been taken, it is considered by most of the prominent brokers a foregone conclusion that oil stocks will be given a place on the board by spring. A general gen-eral revival of interest in stocks is expected ex-pected after the first of the year. The following tables show the high and low points of stocks listed locally during the year and the business transacted on the exchange annually for the past twenty years: Year. Shares Sold Value 1897 692,170 $ 193,640,07 189S 3.S26.477 1,206,969.49 1S99 10,228,606 4,199.985.55 1900 5,1SS.561 2.23S.472.41 1901 .24,824,664 16,760,860.95 1902 20,908,534 11,609,401,30 1903 10,388,628 6.210,736.21 1904 6,702,058 1,873,001.50 1905 7.246, 5S1 2,316,136.51 1906 16,555,391 9,79, 983.52 1907 16,729,714 13.576.555.S5 loos 29.4S2.547 17,254,164.50 1909 34.6S0.213 17,267.434.62 1910 17.129.S50 4, S42, 396,63 1911 IS, 470, 284 4,069.117.00 1912 11.9S2.04S 2.263,603.09 1913 6,390,804 1,234,628.91 1914 3,385,956 96S.4S2.S8 1915 16,867,514 3,968,515.94 1916 39.12S.206 8,552,665.89 1917' 27.47S, 817 5,660,606. IS Estimated. , 1 High. Low. Alta Michigan '$ .n $ .01 Antelope Star 191 .OO1 Alta Con 36 .15 Alia Tiger 0n4 .OO1 Albion l-1 .O1 ' Am Con Cop 22 Alta" Tunnel 16Vil .07 Alia Germania 04Vi .UOU Argonaut 30 .04 A r ro wh ead 21 . 1 4 1 Big Kins 271 .OS Bullion 22 .01 Boley no1. .01 Big Four Exp 1.00 " .OOU Bingham Amalg 17H .09V; Big Cottonwood 07 .01 Bannack Gold 1.30 .05 Beaver Copper 02 .00U Bay State .04 .00 Beaver Lake Metals 01 .01 M. Black Jack US .05 Big Hill ' 03Vt .01 Comstock Phoenix .20 Cedar Kxt 02 .01 Cedar Talisman 04 .01 Columbus-Rexall 2.80 .09 Colorado Con 21 .12 Crown Point 07 .0? Cardiff 7.50 " 5.00 Croff 04 .02 Cottonwood King 03 .004 Calumet 13 . .01 Cottonwood Metals 16 .01 Carbonate Con ii) .14 Creole 14 .04 Cunapah 20 .01 Central Eureka 02 . .01 Daly 1.50 1.40 Dragon 36 .22 Demijohn 04 .00 ' Daly Judge Ext .02 .01 Empire Mines .41 .26 Empire Copper I.f2 1.10 Eastern Prince 00 .00 E B Bell ' 2.40 1.55 Eureka Mines 34 .08 Emma Con 2.15 .46 Earl Eagle 50 .20 E Crown Pt 04 .00 East Tintle Con (15 .03 East Antelope 054 .OOVi Eureka Bullion 13' .02 Galena Mining 01 .01 Gold Chain 20 .15 Grand Central 66 .44 Great Western 16 .05 Howell 29 .12Io Home Run 02 .00 Iron Blossom 1.32 .44 Indian Queen 01 . (H) Iron King 22 .00 Judge M & S 9. mi 7.00 Keystone Its .45 King David OS .01 Keno 04 .01 Lehi Tintic 10 .01 ' Leonora 06 .0u Logger OS .03 Lucky Boy 02 ,nn Lower Mammoth 06 .03 Monzonite 02 . 00 Mammoth 2 . 00 1.25 Miller Hill 55 .15 May -Day 12 .03 Mason Valley 8.00 S.OO Mineral Flat 06 .03 Moscow 30 .00 I Maior Evans 02 .00U 1 Michigan-"tali 20 .12 I Miliord Copper 2.00 " 1.05 I Xew Quint y 16 .06 ! Xaildriver 15 "l .11 ! Neva 21i ! .01 ! O K Silver I .47 .03 ; Opohongo I .01 .00 Oriuina Bannack I .51 I ,02 Old Crater .00 ; .U0 Ohio Copper 1.67: .70 : Price Mining I .us" .03 . l-'ioche Bristol I .02 .ou Plutus ' .6," . 14 Prince Con ) 1.35 .:,!) Pa loma ; -.15! . 0i Paloma Ext .H2Vj! .00 Price Mining ' .0 j .0:1 . Provo .06i ,0J Rico Arg .11 i..1 .04 Reed's Peak I .12 .01 Rico Wellinston ' .-iH .17 Rochester Mines j .70 .54 So Park M 6c D I .13 .fi.V So Standard ! .17 .05 Sells ! .41 .11 Svndicate : ! .01 .00 Silver King r-oal 3.30 ! 2.17 S'even Troughs 04' .02 Seven Troughs Coal 24 j .10 Silver King Con -1.67; 2.75 Sioux Cuii 24 .02 Swansea Con 2 .'11 Smith Hec la 1 . 65 .10 Silver Shield "0 .16 South Hecla Ext ' .11 .01 South Iron Blossom .on' .nov, Swansea Ext Oit' .nou', Secret 1 .M3 .0fi Santu-juin Chief ' . 00 u, .n Santaquin King, 1 . 0t'i .00 Texan j . 2 j . 1 Tar Baby 15 ' .02 Tintic Central ' .'.' .02 Tintic Standard ! I.s7" 0 Tecnma Con ' .17 1 .15 T'nited Tintic ' .04'' .ih Ciicle Sam ' .07 U' .01 T'tah Con ' .044' .rip: I'nion Chief ' .07 .m i2 I Victor Con ' J ,04 Whirlwind ! .17 .0;, WilberT I .::0 1 .1" Wet Tob-do .23 ' .'.4 Walker Mining ' 2. ' 1 .2-". Wnndlawn ! .15 .1;, Yankee Con ! .16' .0.-. iimn ! .24 ; .02 UTAH MINING DIVIDENDS AND ! METAL PRODUCTION FOR ; PAST FIVE YEARS. I 1 'rndui't .on. J j "id'-i ids. 5-. i.:'7i.2"3 ?7.f.7.:.J6 1 :i 6 sr, t.y..72.'J 2 t7!"Vi a, |
