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Show wTimf. 10 INTER-MOUNTA- STOCKS IN MINING REVIEW. LISTED ON THE SALT LAKE STOCK AND MINING EXCHANGE. This list is incomplete, as many Utah mines have been and are now operated at great prolit by individuals and close corporations that do not publish dividends. Twelve millions would be a conservative estimate of the amount of dividends paid by these mines. MINING STOCK REVIEW. Mammoth weakened with the announcement of a dividend of five cents per share that will be paid on November 2, and sold at $2. The closing bid was $1.97-1with the stock held at $2.05. The mill now has its full battery of sixty stamps dropping on ore, and, with the important adjunct of the East Tintic railway, which not only reduces the cost of transportation to the mill, but furnishes an increased tonnage, the gross and net output of the property ought to be materially increased. Mercur stood at about the previous weeks quotations and sold below, at and The operations of the Salt Lake Stock Exchange have exhibited a weakening along the line, particularly in the listed stocks, and while business was done in a number of the choice stocks, it was on the basis of weaker prices. The Silver City stocks, however, hold their own, and even better, and the class seems to offer a fruitful field for investors. Anchor, which at the close of last week was going by the clos- above $6. The regularity of dividends of this comupward with strides, received a ing down of the mines, and at the close the bids preclude much fluctuation and present prices had registered a decline of 50 per cent. Holders, how- pany be regarded as the base. ever, evince no desire to sacrifice their stock, and it is may Ontario is without feature and is in demand only at offered at but little lower than before the closing of the mines. The suspension of work at the properties a dollar less than the lowest selling price. Silver King is not due to any lack of ore, as those in a position to is wanted, but none of the stock puts in an appearance know say that at no time in its history has the Anchor on the board, and, as a consequence, the selling price of been in as good a condition as now to produce ore. the stock is difficult fo determine. The question of the price of silver and lead had prob Sunshine, which has been hammered of late, sold ably little to do with it, as it is stated on good down to $1.25. A dividend is still a thing of the authority that the order to stop work came from future, as the management have extensive improve headquarters in Michigan, and that behind it is a deal. ments in hand in both the mine and the mill, lheir This may explain why the stock is held so firmly. policy deserves to be classed as a safe one, and when Bullion-Bec- k is flabby, regardless of the regularity dividends commence it will be at a time when every of dividends in the past few months, while Centennial-Eurek- indication points to their continuance. In the d class, Swansea sold up to $2.50, shows absolutely no indications of doing and South Swansea to $1J.0. Homestake was called business. Daly is held firmly and is receiving better for with 6 cents bid, but the stock did not appear. bids, but the best looks insignificant for this stock. 8 of a cent. of Gas block Natural at a disposed big Daly West is a strong favorite and buyers are showis Sunbeam still low a priced stock, regardless of very ing their eagerness, with an easier disposition on the fine the showing at the mines. It is reported that a part of the holders. It is now held at $8.65, with distinct ore body, carrying good values, has and new $8.30 bid. been cut, and every condition points to a heavy and East Golden Gate sold heavily again during the valuable output in the near future. week, some shares going at 2 cents and some under that figure. No information is yet at hand from the d The stocks closed as follows: been recovered drill has and the that property, except is again working. It has reached a stratum that is badly broken and full of crevaces, but whether this may be a good indication or otherwise can only be , set-ba- ck a non-liste- non-liste- surmised. Four Aces, in Tintic, did some business at 20 cents at the close. The mines of the company are reported as improving rapidly under the energetic development work that is being prosecuted, and the company is entirely out of debt. Galena is weaker for unexplained reasons, and is an offering at $1.60, with $1.30 as the best to be had for it. Geyser failed to maintain the pace that it started out with immediately after the decision af the Marion contest case in its favor. Bidding for the stock is back to about the same figures as before the decision. Heavy improvements are under way at the mine and mill, and while they will be the means of increasing the capacity of the works, it is reasonable to suppose that dividends will not be forthcoming until they are disposed of. their SILVER. The upward movement of the previous week when quotations closed at 65S, was reversed at the opening when a decline of two points was recorded. For four days the metal was without fluctuation, but or, Tuesday it suffered another decline of two points and on Wednesday fell to 64f, having lost of a cent in one week. The heavy foreign shipmeuts recorded last week were followed by very liijli! live-eigh- ts exports, the total being but little over half a million ounces, as follows: Steamship Spree, October 20, 175.000 ounces, by Handy & Harman. Ss. St. Paul October 21, J. & W. Seligman & Co., 150.000 ozs. and 100,000 Mexican dollars: M. Gulden-heimSons, 125,000 ozs.: Handy & Harman. 50,000 ozs. and Heidelbach, Ickelheimer & co., 34, 0(h) ozs. s Total 359,000 ozs. were as follows; The fluctuations for the week 64i RECORD PRIG S. Highest (covering a period of ten years) Si.lfyt August 19, 1S90. Lowest, 5Sfc, iWarch 3 and 5, 1S94. LEAD. The market condition of lead is unchanged. N York quotations being $260. without fluctuation. RECORD PRICES. Highest (covering a period of ten years), 55-25- ft , October and November, 1S90. Lowest, $2.50. August 21, 1896. SLOANS HAND BOOK. useful compendium on mining and meulW combining a history of the development of mining Utah. For sale by the Review. Price 50 cents. A Inter-Mounta- in Following close on the announcement that the for the sale of the Tomboy mine at TeHuride to$ Exploration Company, had been closed in ChicasJ comes the denial of the statement by O. P. I.isey others of the vendors. One reason furnished the selling side is that some of the Eastern stockM ers had declined to sign the agreement to sell deal & the as claim well be satisfied to that they just fallen through. |