The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-09-20
MINING STOCKS ACTIVE.
Feeling is Very Strons ana Adj
yances Material.

Feelings is Very Strong ANA Ad-
yances Material.
James A. Pollock will say in his
weekly mining share market letter I'M
der date of September GOTH 1895:
The mining share market this week
preserved nominal condition and
there are no features of especial note
to mention A steady absorption of
high grade stock continues, and such
huctuations as occur invariably tend
towards higher prices. In fact, all
classes OF mining stocks are register
ing an advance. There is every evil
dence that the salvation of the ma
TONS credit rests upon mining pro-
duets. The only really bright and en-
couraging thing in the country today
being the development of our gold
mines. Utah will make just contribu-
ton by trebling her output Of last
year
1 hear from very good sources that
Ajax will pay to hold for a long pull.
The stocks is very closely held by
strong interests, and is being ably
managed and L believe will show high
er values in a few months. There is
rather bullish sentiment surround
company's operations is earnestly de-
sired by all. Bullion-Beck continues to
make a favorable showing although
there are no transactions being made
in the stock. There is such a variance
of opinion in regard to the real merits
of the mine that trading is almost
wholly confined to inside holders The
outsiders do not seem to be inclined to
take a hand in the game. Centennial
Eureka continues heavy shipments of
high grade ore, and the treasury of
the company is expanding in proper
! ton. The shares are in fair demand
and but little coming out at prevailing
! quotations..
There is no comment to be made in
regard to Comstock. Dalton is being
bought by insiders. Perhaps the mine
may yet reclaim its prestige and full
fill the hopes of it's early supporters
DAILY is bound for $40, as the earn
ings of the mine are unquestionably
| so large and the treasury of the COM
pany so plethoric that, a dividend is
| in sight. There is no possibility of a
mistake being made in buying at pres
ent quotations. What is said in re-
gard to DAILY is also applicable to
! DalyWest, the shares are a buy at
present prices and will make money
! if purchased and held Horn Silver
/ is inactive. Lucky Bill reports favor
able showing. and this induced some
buying.
Mammoth is strong on the market
at $1.O5 bid and $125 asked. The buy
! ing which started the rise was no
mere fancy of the traders. 1t came
from a we'll informed inside interest.
Its quality was enough to demon
strate that there is very good profit
! being made on prOduction and the
permanency of the recent reported
encountering of new bodies of high
grade ore. Morgan is very quiet. Mer-
cur Is unquestionably buy at today's
quotations. The stock has a high
character on this market and between
now and the end of the year it is prob.
able that the shares will be quoted al
considerably higher figures. The regu.
lar dividend of 121a cents per share
was paid today
Ontario steady at 50 bid and s1O.5(
asked and selling during the week al
SO. While transactions in the STOCK
are limited there is a good healthy
condition surrounding the future of thu
property. Silver King is offered a
S15.25 and $14.50 bid. The demand OF
late has invariably come from insid,
sources. The best of reports continue
to come in from the Tetro develop
ments, and there is some activity il
the stock. Utah is making moderat,
shipments of high grade ore