Salt Lake Telegram | 1925-12-20 | Page 22 | Local Mining Stocks Slump

lOCAl MINING MININ STOCKS Bears Handle Things at Will Wll Failure of th the large l silver lead ad mining companies to p pay y the dividend rate that tha was anticipated d and absence of public buying ha has haa given n the Salt Lake Stoc and Mining exchange over to the bear bea end of the market and prices es have b been bee en successfully worked down clown the past pas pas week The buying en end has hu been almost almos negligible most of It 11 having b been en o oa ofa or of ora a professional nature with wih brokers broker coverIng cov coy erIng shorts and generally adjusting themselves Sellers hav have a a poor chance chanc and as al a 1 result prices price have be been n sharply sharp bid the those thos down right down list even issues leue with a I professional backing be beIng beIng being be- be Ing unable to hold their own own Silver Stiver Siver King Coalition Coalton broke to 05 5 a share a loss losy of 45 4 cents since th the stock became ex es Park Uta Is hovering v r around 7 a. a share and M Mam Mammoth Main Main- gl lt moth has as suffered a sharp break Tintic Tintic Tin Tin- r tic t Standard Is well wel behind b Its Is high o otho of tho year ear Walker Valer got tangled tangle In th the g general decline and dropped to further lows hitting 50 and on Saturday offered at that price was not not even even cven ac at- at The r regular gulaT holiday lull lul ha has ha had much to do with the tha absence 6 OX support In the local market Sp Speculative Issues have tal faked faired red lIttle lite better Iron King sold dold off to 39 30 cents cent Saturday and there Is a general l settling back In most mOlt all al of ot the active speculative specula specula- live tive stocks Silver Shield has held firm but Is II still sUI well wel behind it Its Is recent hll nn aol and come gome of the cheaper stocks that tha were wele enjoying some upward flurries have hav subsided and lost host practically all al of ot their thel gains S Saturday The he closing follow quotations and sales to or 6 S b