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Show I' Hudson MTL Salt Lake City, July 23. l Trading on the exchange this week has shown nion public interest than for many months. The speculative stocks have been quite active at small ad ances. Tintic shipments for this week showed an improvement im-provement over last week and wore as follows: ' Alaska, 1 carload; Bullion Beck, 6; Carisa, 7; Drafion Iron mine, 5; Eagle & Blue Bell, 3; Gemini, 5; Grand Central, 12; Mammoth, 7; May Day, 1; South Swansea, 3; Uncle Sam, 4; Yankee Con., G; the Mammoth mill shipped 2 carloads, of concentrates concen-trates and the May Day Jigs 2. ( Con. Mercur continued to advance on good reports re-ports from the strike in the Electric tunnel. The directors declared the regular 3 cent dividend pay- Iable on the 9th of August. The books close July 2Gth. The closing quotations on the stock were $2.04 1-2 bid, ?2.07 1-2 asked. Grand Central has made the largest advance during the week, on an important strike being made on the 540-foot level and reports that they would ship 3000 tons of second-grade ore a month. A hpavy stockholder who visited the property during dur-ing the week reports that although the new ore body which was struck in the King William ground had not been opened up, it could be compared with the Butterfly stope, which produced $1,000,000 worth of ore. The stock sold today for $5 and a .still further advance is looked for with development develop-ment of the King William ore body. The damage to the Daly West mine, upon investigation, in-vestigation, was found to be of less importance than first supposed and will not exceed $1000. The cause of the stock remaining weak is due to the expectation of heavy damage suits by heirs of the miners who lost their lives in the terrible disaster. We do not think that these will reach court, as the company has been fair in the matter so far. H hut think they will be settled by arbitration. The clobing quotations were $51 bid, offered at $51.15. Daly-Judge advanced the first of the week, recording re-cording sales as high as $12, but on account of selling orders by small holders who are taking good profits, has declined to $10.75. We understand under-stand that the mine is looking better than ever and that dividends will be paid before January 1, 1903. The California Mining Company of Utah has transferred its mine, etc., to the California Mining and Milling Company of Nevada, with W. I. Snyder Sny-der president and C. W. Hartley secretary. The mine and mill are giving employment to twelve men. We are informed by a local expert who visited the property Tuesday that development work is being pushed in the lower tunnel, while the mill is treating the second-class ore. The stock sold today at 25 cents. The Sacramento Mill is reported to be treating 100 tons of ore a day and working nicely for a II new plant. The stock has been selling from -31c to 32 l-2c. H The Ben Butler assessment of 1 cent per share became delinquent the 23d. The stock is very B strong from 10 l-2c to lie, closing with 10 l-2c bid, offeied at 10 7-8c. j Cmtury made quite an advance, selling today at H 28 l-4c, closing with 27 3-4c bid, offered at 28 l-4c. H Northern Light sold as high as 6 cents during H the week, closing with sales at 5 5-8c. Wabash sold at $1.50 early in the week, but de-H de-H clinf a today to $1.45. H Any inquiries regarding any of our mines or H stocks will receive our prompt attention. P Yours Truly, m HUDSONS SONS CO. |