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Show . INTEU-M- O UNTAiN MINING REVIEW. vidends and commence the erection of n a plant, which. Is expected to be paid for without interference with Salt Lake City. Saturday, Jan. 4. dividend payments.' The week has been one of unusual inSunshine has been offered at figures bemarket which make it a tempting investment, terest in the mining share cause of the inauguration of the Salt as no doubts are expressed as to the profitable operation of the new mill, Lake Stock and Mining Exchange. although exact values will not be deexinfluences Some of the beneficent termined until returns are received are from the cyanide shipment. pected to follow its organization MININ Q STOCK REVIEW. 500-to- Utah sold at 97, and the shares conalready apparent, as a fixed and defin- tinue 1 cent per month dito ite basis of values has been established, vidend. pay per One block of Ontario was offered at which, while not accepted by the street, works an improvement upon the old $9.50, but It will require $10 or better bring out much stock. The fact toOf conditions of uncertainty. the unlisted shares, Little Pittsthat each day has brought increased burg took the lead, at 3 cents and unwell activity in the pit, the last days busi- der. Buying by Airis and others was Mercur in largeproperties ness exceeding that of all the others, posted for this activity. responsible justifies the belief that the Mining Ex- lyDalton buyers and sellers came toThere are only about change will be successful in the accom- gether at shares out. The company holds plishment of its mission. The total 22.000 106.000 shares in the treasury, and at transactions of the week were 5000 the annual meeting, to be held Janshares of listed and 26,600 shares of un- uary 31st, a proposition will be made listed stocks. The scarcity of buying to dispose of a block to provide funds Orders is accounted for in part by the for expenses until the melting of the snow will permit ore shipments. If any tightness of local money, the holidays treasury stock is offered it is not Imand the universal liquidation incident probable that it will be absorbed by the to the close of the year. The majority insiders. Crown Point, which is suing the Onof the members are also inexperienced for trespass, was wanted at 35 and have hardly yet found their bear- tario cents and was offered at $1. veteran ings. The presence of a few Natural Gas was one of the active to nerve with and money plungers, buy stocks, being sold at 8. H. M. Ryan or sell, would exert a most beneficial offered that for control, or the figure influence. Many splendid opportunities entire capital stock of 252,000 shares, for investment and speculation have which excited the ire of the heavy gone begging during the week, the holders. One year ago this stock sold community at large not having yet for 50 cents, and the causes of the awakened to the facilities now afforded blight are pretty well understood. The for trading in stocks. annual meeting of the company will be The transactions on Change have held on the 18th, and it is promised that emphasized the need of its affairs will be placed upon a better stocks, a want that will soon be filled. basis. Consumption of the product is The sales of Little Pittsburg, the cheap- now rapidly increasing. est stock on the board, exceeded those Outside brokers report a fairly active of all others combined. The week, with some sales involving large d securities are all right for amounts. Transactions are reported millionaire investors, but the Exchange in Centennial-Eurek- a Merat $5859; must depend upon speculative business cur, $6.006.20; Ontario, $9.25; Silver for its support, and those who specu- King, $14.50; Mammoth, $1.50; Rover, late in mining shares desire to place $1,20. their money where it will make the Following are the closing quotations: greatest showing. A number of speculative properties will soon be incorporated, with a large capital stock divided into shares of $1 each. While these stocks will not be listed, traders will be given an apportunity under the unlisted call. Mammoth has been the most active of the listed stocks, sales being made at $1.45 to $1.50, which basis gives the property a valuation of $600,000. Although the management reports a steady, gradual Improvement in the mine, there have been no strikes of importance recently, and there appears to be no justification for the expectation of an immediate dividend that seems to have gone abroad. The ten stamps being added to the mill will be 9. low-pric- ed gilt-edge- d, high-price- in operation by April 1st. Bids of $2.20 for Horn Silver brought out no stock. The shares are very closely held, very little being in the hands of outsiders. Saes were made at New York at $2.25. Ajax showed some life in the neighborhood of 50 cents. The proposition of a European firm for a controlling interest has not received favorable consideration. Reports from the mine in- dicate the exploration of rich virgin ground and regular shipments are being made to the Philadelphia smelter at Pueblo. found no being held up to $9.50. Should no sale, unforeseen complications arise, the management apprehends no further interruption of dividends. There is an abundance of second-clas- s ore to supply the mill for an indefinite period, and 60 to 75 tons of first-claore is shipped daily. Uncertainty the fate of the De Lamar concerning deal tended to depress Mercur. Nearly the entire capital stock has been listed for the transfer, and if De Lamar defaults It will be offered more freely, and should command a higher figure. The present owners will at once resume the payment of di Bullion-Bec- k ss - I 11 noise s bxenange. The membership of the Boise Mining Exchange is as follows: S. Falk. D. Falk. . S. E. Meyers. O. H. Dickenson. G. Speigel. F. R. Coffin. G. W. Fletcher. E. L. Horrie. W. L. S. M. M. C. Fritter. Sturges. Athey. W. E. Borah. D. Davis. J. S. Bogart. T. H. Manning. W. R. Chestney. H. E. Neal. L. Logan. P. J. Pefley. J. Perrault. C. H. Stoltz. R. L. Bogardus. T. S. Hart J. W. Kelly. G. W. Lamoreaux. G. Pettengill. C. A. S. Prosser. W. Galbraith. W. B. George. C. Cobb. J. B. Lyons, Jr. J. B. Hastings. I. S. Weiler. A. A. Fraser. J. H. Hawley. R. Z. Johnson. S. B. Kingsbury. E. Nugent. W. H. Puckett. A. L. Richardson. Guy Shoup. L. Vineyard. Fremont Wood. H. C. Wyman. J. Condron. E. B. McCowan. M. Sullivan. A. Ostner. M. Sebern. P. D. Brown. J. M. Harding. F. P. Cavanah. J. Maxton. J. F. Peterson. K. P. Plowman. G. M. Snow. J. B. Traver. C. M. Sain. H. W. Barry. C. H. Scott. W. H. Reber. T. A. Dowd. D. H. Andrews. W. S. Neal. J. Spoflford. A. H. Capwell. I. W. Garrett. F. J. Mills. F. C. Ramsay. F. V. Tinker. C. E. Chrisman. A. E. Heald. A. L. Richardson. W. Hardman. L. R. Walter. J. Branstetter. H. S. Howe. Charles Himrod. John Lemp. Peter Sonna. John Buckley. McAfee. Joseph C. M. Hays. J. C. Hill. William Howe. Hal Coffin. A. Robbins. D. M. Steen. John L. Murray. J. W. Brown. Green White. Clifford Stevenson. D. F. Baker. W. S. Walker. J. B. Broadbent. J. S. Niday. John Brodbeck. M. Hally. H. Untermaheer. J. P. Rankin. Frank Martin. D. B. Levan. C. A. Turner. J. F. Koelsch. J. W. Cage. W. N.. Northrop. J. W. Bancroft. S. G. King. R. D. Wolterbeek. G. Ainslie. J. J. Blake. J. W. Brown. E. J. Frawley. J. A. Souther. W. S. Campbell. J. H. Bush. W. J. Sears. B. W. Walker. R. A. Green. W. D. Stevens. Rt. Rev. A. J. Glo- rieux. A. C. Bellus. D. Herron. C. S. Kingsley. D. H. Moseley. C. C. Slggins. H. Zipf. A. J. Boyakin. J. Gunn. W. A. Kortz. C. B. Askew. M. Alexander. C. W. Poindexter. C. F. Ruddy. O. E. Jackson. T. J. Jones. D. T. Miller. G. M. Parsons. J. H. Richards. N. M. Ruick. S. L. J. R. Tipton. Wester. H. S. Worthman. B. H. Coleman. F. Constance. L. P. Grunbaum. C. Van Dorn. C. J. Owens. J. W. Blake. J. D. Gray. F. D. Howe. D. McKinley. C. M. McCarty. Pinkham. Joseph S. J. Roberts. G. Surfleet. J. A. Czizek. B. V. Barry. L. L. Newton. O. L. Jane. A. Dodd. E. J. Pasmore. J. M. Haines. W. P. Hard. W. Davidson. F. A. Fenn. C. M. Kiggins. G. M. Parsons. L. R. Thomas. J. A. Beal. R. L. Ford. G. S. Glover. C. C. Stevenson. J. Fisher. J. Tonkin. D. Reber. W. Hyndman. John McMillan. C. H. Miller. D. D. Miller. Elof Anderson. Sam Gundaker. Mike Horney. Thomas L. Johnson. J. E. Putnam. A. G. Redway. Frank Nourse. I. P. Marcellus. M. S. Smith. J. D. Helfrich. B. F. Olden. R. M. Fairchilds. J. I. Crutcher. J. D. Flenner. C. E. Thum. W. II. Ridenbaugh. August Thommen. F. T. Richmond. B. S. Howe. C. W. Smith. J. W. McKenney. W. W. Lynch. Salt Lake Stock Exchange Denver Mining Industry: Our Salt Lake correspondent writes that Utah now has a Mining Stock the Exchange, organization having been successfully launched on the 28th ult. Col. John W. Donnellan, cashier of the Commercial National bank, is president, and all of the other officers are prominent business men and mining investors. A repeated call is made each day, and considerable business is being transacted. Interest in the exchange is now on the increase and it has become a very lusty youngster. full-fledg- ed |