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Show 10 INTER-MOUNTAI- N MINING REVIEW. STOCKS LISTED ON THE SALT LAKE STOCK AND MINING EXCHANGE. NAME OF COMPANY. $ 8,000,000 Aiax (Copperopolis) Alliance 100,000 1.500.000 250.000 500.000 1,000.000 1.500.000 2.500.000 3.000.- 000 1,500, (XX) 150.000 8.000.- 000 1,000,000 250.000 1,000,000 1,000.000 500.000 5.000.- 000 10,000,000 10,000.000 1.500.000 500.000 5.000.- 000 15,000,000 8.000.- 000 1,000,000 2.500.000 1,000,000 Anchor ... Annie Brick Consolidated . Bullion Beck Centennial-Eurek- Dalton & a Capital. .. Lark Daly Daly West East Golden Gate Eureka Hill Four Aces Galena Geyser Gemini llerschel Horn Silver Mammoth Malvern Marion Mercur Ontario Silver King Sionx Con Sunshine Utah Total This list is incomplete, as many Utah mines have been and are now operated at great profit by individuals and close corporations that do not pnblish their dividends. Twelve millions would be a conservative estimate of the amount of dividends paid by these mines. illNING STOCK REVIEW. The local mining stock market is still depressed and trading during the week has been: confined to a very narrow range. The same conditions exist at Denver and other speculative centers. There is a general tendency to liquidate and everybody wants to sell, which usually is the best of all times to buy. The selling pressure, however, has not reached such proportions as to materially affect prices, and with very few exceptions prices are held up to the previous level, while some have actually advanced. When the offerings result in any marked decline, more liberal buying orders may be looked for. There were good sales of Ajax at unchanged prices, notwithstanding the output has been somewhat curtailed by the placing of new machinery. Anchor sold at $1, and holders then advanced their views. It is reported from the mine that conditions are improving and better ore bodies are now being developed. Annie and Alliance remain inactive. Bullion-Bec- k was rather quiet, a :block of 1000 shares having sold during the week at a shade below the market quotations. The mine is looking well and paying regular dividends, but speculators are inclined to fight shy of n the stock , for reasons. Brick. Consolidated is still held at 65c, with no demand. As the date of the expiration of the option approaches, the holders of Centennial-Eureka have advanced their to a such figures point as to prohibit trading, the general belief being that the option will be taken up. The Dalys shared in the liquidation movement, and there were more sellers than buyers. Some holders of Daly stock have become discouraged waiting for the dividend that never comes and are willing to unload at lower prices than have recently prevailed. There was no change in Dalton & Lark. East Golden Gate sold in blocks of 10,000 at 1012c, and it is reported that insiders were among the heaviest buyers. This stock at going quotations ought to be a good buy. Eagle was inactive. Galena and Geyser were dull, although strongly held. Horn, Silver was in demand at better prices, but was held too to suit the buyers. One hundred high shares sold at New York last week at $2.25. The well-know- labor troubles at the mine have been settled and the output continues as before. There was little demand for Her-sche- l. Unlisted Stocks- The unlisted stocks closed as follows: Mammoth continues active and is held up to nearly $4, which is probably as high a figure as present conditions justify. The stock has advanced to this point partly on the expectation that regular monthly dividends of 10c per share would be paid, but the impression now prevails that but $25,000 will be distributed monthly, which would be 64 c per share. The directors are to meet Saturday and the first dividend is expected to be declared at that time. Mercur has been weaker and lower in the bidding, upon the failure of the company to declare the regular dividend on the 10th. The management is said to be waiting until all possibility of labor troubles has passed, but the dividend may yet be paid before the end of the month. Ontario was offered at slightly lower figures, but found no buyers. The mill is again shipping silver bullion and a shipment of ore was made during the although there has been no stoping of the smelting product. Silver King was sold at $16.50, but there is little to be had at these figures. There is a good steady demand for Sunshine, with light offerings, and prices are maintained. Sioux Con. remained at previous figures. There was some trading in Utah, but no material change in quotations. The upward movement of Swansea was checked, as predicted, and the market fell off a few points. This was partly due to the failure of the expected dividend at the annual meeting, which was not declared for the very good reason that the treasury did not contain the funds with wThich to pay it. Several foolish holders immediately hastened to unload and this broke the week, During the week ending May 9th ult., there ware fifty-seve- n gold, silver and other mining and smelting companies orgaiized in tin; United States, with an aggregate capitalization of $29,338,000. WE HAVE FOR SALE A First Class Lead market. It is believed, how'ever, that the company will soon be in position to distribute profits. Richmond-Anacond- a continued ac! tive, with no change in prices. Emerald also displayed considerable activity. Little Pittsburg was wanted in Embracing 16 claims, surveyed large blocks, but there was little for sale at the figures offered. for Patent. Plenty of timber and water power. The Utah Mercur is the name of a splendid stock that is being traded heavily on the Chicago Mining Exchange at about 4 cents per share. The Utah Mercur is unknowm in Utah, and some one is 421 Atlas Block, evidently using the reputation of Utahs great Mercur mine for jobbing SALT LAKE CITY, UTAH. purposes. Property F. B. COOK & CO., |
