Salt Lake Telegram | 1916-10-08 | Page 32 | Mining Share Market Situation Continues Most Promising

MINING MIMING SHARE MARKET SITUATION MOST PROMISING Th The situation on the mIning minim share market continues most promising promising This is i true tue in jn its ls broadest scope for tradIng trad- trad tradIng Ing log remained at its Is high water mark throughout the week The extraordinary earnings earnings' of the producing mines have have been responsible for tor attracting investors to this market and a I stimulus was wa given Riven the movement movement movement move move- ment by new ore discoveries The producing mines have been bee able to in increase in- in crease creaso their dividend rates and yet et are not paying out all al their earnings but I have amassed the te largest surplus ever known in to the history of mining A lot of money has been made Inthis inthis in inthis II this market Men who were classed as seconds only a I few months ago are arenow arenow I now classed cassed as prime today A great gret I many may of these people have known what rev reverses mean men and they are quite quie cautious in their investments They are calculating what conditions wU willbe will willbe be after the war Is over for they realize realIze real real- ize ze that now is the time to prepare To Toa a 5 large degree the element of speculation lation laton has entered into into this market maket and there will wU come a time when the public Is not so absorbed in the speculative speculative spec spec- opportunities For the moment there Is no thought of if a a liquidation certain cerain to ton follow ow Brokers Brokers Brokers Bro Bro- kers do not believe that the market has received as big an uplift as it will wi get eventually They Tey see no danger signs in the market to the point it has progressed They do not believe beleve that there has ha been much In jn this move that will wi have to be digested for tor the principal gains have been in properties properties prop prop- that will wi go almost immediately ertes on a substantial producing basis The earnings from these operations will willfully willfully wi fully fully justify new new valuation is i the be ha be- be i lief t those or-those of those who have been making purchases purchases' for investment Invest ent accounts All An in all al the market is on a more substantial basis than anything heretofore heretofore heretofore here here- experienced There is no inherent inherent ent cot weakness the prices rather mean men more solidity and safer speculation If I Ithe I the margin accounts are are not carried too far the market should hold but where there is too much of this thing professional traders go gunning for tor them to bring out long lines of stocks Brokers would do doyell yell Well wel to hold down commitments of the the over zealous zealous zealous zeal zeal- ous traders Closing quotations on the regulars were as follows I FORENOON CALL CALI CALL I Bid J 11 Asked Aked ked Antelope Star f 12 13 13 Alta Con Str 37 J Alta AHa Alt Tiger 02 Albion it 1 il Amer Con Copper Copper 15 Hi 16 Alta AHa Tunnel Tunnel 11 1 12 2 AHa Aita Germania 05 I Addle 01 21 25 30 Bulon Boley 01 j 03 Dig Ig Four Exp 95 Bingham Four rAmal 09 10 Black Jack 12 Big Cottonwood tg o li i I j k Gold gl Beaver kC C Copper der gk 03 Bay state O 03 Beaver Lake Metals 02 02 Cedar Extension Ike 01 Cedar Talisman 03 03 4 Cedr Columbus Rexall 15 17 1 Colorado Con Rexal 19 20 20 Crown Point 06 07 01 Cardiff Croff 04 04 Cottonwood King 01 01 01 Cottonwood Metals 09 etl I Daly iu g Judge Judg Dragon 21 26 Demijohn Con 02 02 Judge Daly-Judge Extension 10 10 Judge Dal-Judge l Empire Copper rl Eastern Prince y 00 01 Eagle Blue Bell Bel Emerald d d dEarl 22 Emma Copper Earl Eagle H 27 21 32 East East Crown Tintic r g Con n gg 03 01 h Grand Gulch 15 30 30 Galena Mining 04 Gold ChaIn 20 24 24 Grand Central 74 77 17 Great Western Wester Q Howell 0 17 I Howel Home RUn 02 03 Iron Blossom 1 Indian Queen 02 02 Iron 01 Keystone 50 61 King William OO King David Lehi f Tintic Ol t MI Leonora 01 01 I Lower Mammoth 05 06 05 Lakeview Vol 05 Midwest Sulphur 50 te 02 22 22 4 Mammoth Mammoth- 63 63 70 Miller Mill 1 20 May ller Day Hi 13 11 Mason onD alley J Mineral Flat le 04 04 06 Moscow v 12 12 28 Major Evans 10 10 Mamroth Mammoth Copper 13 Utah Michigan n 22 Midway 31 New Quincy 17 11 18 I 08 15 O. O K Silver 35 35 60 30 Ohio Copper 10 10 3 35 01 2 02 g Original I oB Bannack a k 57 g 59 I Pioche Bristol 03 r 16 Prince nce Con 1 37 y Paloma on 11 12 Paloma Extension 01 01 10 i I is Price Mining Provo eo g 02 1 Rico Argentine 05 06 Steeds Peak 10 11 1 Reds Rico Consolidated 10 L 5 Rico Wellin g ton v on SO 70 Rochester Mines 5 Santaquin King Sells 13 13 14 Sels 00 01 Syndicate 00 Sparta 2 24 27 21 Spart Oi 01 03 Coalition Silver Silver King King Coalton Con 1734 Sioux Consolidated 16 South Silver Shield 22 26 25 Extension 11 16 South Hecla Chief 1 01 01 Santaquin South Iron Blossom 01 01 Texan sout 10 18 Tar Baby 06 06 Tintic Central ral OI 05 OSY Tintic 88 89 United Tintic 01 Uncle Sam 06 08 Utah 02 02 Uth Union on Chief 03 05 03 Victor Chie Con 05 OSY 06 in Wilbert Whirlwind I West rJ Toledo n 0 09 I Walker alker Toleo Yankee Con 21 2 25 Zunia Zuma Con 02 03 I FORENOON FREmON SALES SAS Antelope Star 1000 at I Albion 1000 at Ails Alia Tunnel at Ala Bingham Amalgamated 60 1000 at SUc Bingha 1000 at 1000 at 10 c 50 at lO lOc be Beaver Copper at 3 He c. c 1 Bever Rexall Rexal 1000 10 at lie Colorado Con Con 10 at I I Crown Colordo own rown Point 1000 at 2 at aL Cottonwood King at IVic lc i East Cast Est Con on at 3 ic c