The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-12-20
POLLoCK's WEEKLY LETTER.
Full of Interesting and Encourag
ing News, Facts and Figures,

James a. Pollock will say in his weekly
mining share market letter, under date Of
December 20. 1895:
Despite the near approach of the holi-
days, the local mining stock market was
active during the past week, the dealings
being especially heavy in several of the
old-time favorites, which are now coming
to the front with such rapid strides. In
vestors seem to have plenty of money
with which to buy stocks, even though
| 1ney VIII be expected 10 make the annual
purchase OF Christmas presents Then
! again, the first Of the year draws on
apace, and with it the time for annual
ana seml-annual liquidation. Taking these
distractions into consideration, the mar
ket shows very fiatterlng strength
one of the most important developments
IN a mining way of. the week was the
agreement between the Alliance and the
Silver king for a friendly survey of each
others properties. There has been much
talk OF late regarding probable trouble
between the two companies but it now
looks as though neither had anything to
worry over No developments occurred in
the Alliance underground workings and
the absence of change for the better is
| awakening the stock market somewhat
although there are few stockholders who
care to sell. Ajax was also inactive.
Good shipments of fair grade ore con-
tinueS from this property. Gas is doing
nothing. Anchor continues in the same
old lines. A limited amount of the stock
came out a prices below the So mark, but
| takers were not numerous. The stock
should be d good buy at even advanced
quotations.
In the dispute between the stockholders
of the Began, the minority holders won
signal victory in the courts, gaining
every point in contest. The court de-
clared that the administration of affairs
by the Bogans had been dishonest and
the stock should not have been assessed
As was predicted, would be the case, che
p1iI1 inya -Ra ols l.ec ctn Il
Christmas present m the shape of Il sGo,-
600 dividend, payable today. This swells
the total for the company to $1,950,000, and
for the year $3.50 900. The reports from the
coura ging nature.
With its usual regularity, the Centen-
| NAL Eureka made payment of a double
dividend of 81 PER share on the 18th and
another special double of the same
amount seems assured for the first of
the year. The payment on Monday swelled
the company's total to s., 470,O00. Conser-
vative estimates of the ore resources Of
the Centennial Eureka show that the
present record can be maintained for
years to Gomez Comstock and Crescent
knew no business for the week.
Dalton maintained its own, although
there was not a great deal of business
done in the stock. The developments at
the property continue to show up ore in
large quantities and of a very satisfac-
tory grade. There was some inquiry for
both Daily and Daily West. These proper
ties are operating without hitch. Horn
Silver continues the shipment of ore and
concentrates in large quantities, and the
stockholders are looking for their quar-
terly dividend of $780, 900 on the 18th. As a
result of the prospective payment the
stock is held more strongly than was the
case some months ago.
Mammoth made a splendid record, the
stock advancing steadily during the week
1t early became evident that something out
of the ordinary was in the wind, for in
siders showed considerable interest in the
security and even made purchases at good
figures, something they had not done for
years. 1t is known that the company will
be practically out of debt on the first Of
the year, and added to this is the fact
hat the ore bodies in the lower levels are
showing up in splendid shape. The mill
is doing good work and the stock at fig