The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-08-23

ket. Prices indicate ayood demand for
all the prominent issues, and there is
some evidence of renewed activity in
many of the low priced securities.
There is no cessation of good reports
coming from the properties and the
continuation of the favorable showing
now being made can have but one eff
feet, and that is an ultimate advance
in the entire list.
Eastern authorities, privileged and
warranted to advance opinions upon
the subject advise that we are on the
eve Of a genuine mining stock boom.
Certainly every Indication points to
the fulfllment of this estimation, and
mining is certainly attracting more at
tention in Europe and in this country
than at any period since the great
mining excitement and speculation in
force between the years 1878 and 1882.
The Spectator who gets in on the ebb
tide must buy now and use Judgment
IN getting out on the flood of higher
prices that are bound to come.
Ajax is quiet. There is nothing new
to report in regard to the mine, save
that the output of this month will not
be quite as heavy as that of July. Al
lance has weakened a trifie. The boom
in the stock was somewhat forced in
ports of favorable nature. A small
block of Centennial-Eureka was of
fered, but the price asked did not bring
out an immediate buyer, and the stock
has been withdrawn from sale. Com
stock slumped off, due to an uneasy
feeling among holders, brought about
by conflicting reports in regard to de-
velopments. The general public is not
particularly interested, but would like
to see less extravagant claims of ore
and some actual evidence in the way
of ore shipments.
Daily is coming to the front. A stock
with SO much excellence behind it as
DAILY cannot remain long at present
prices. A movement will begin soon
and the values will be upward. Now
that a mill is in course of erection on
the Daly-West the stock will undoubt-
eddy prove more interesting to invest
ors. Lucky Bill advertised assessment
No. IA of 115 cents per share. 1t looks
as though Mammoth might make a
sharp advance in the next few weeks.
The stock has been dormant for sew
eral months, and now that the prop
erty is really making a splendid rec
ord, the stock ought to become a gen
eral favorite and increase in value.
mark it for an advance.
Mercur paid the regular monthly
dividend Of 1215 cents per share, or
SIS, 600, on the Goth inst. This makes
a total of $3OOO to date l believe
the stock will continue to advance and
sell close to So by the first of the COM
ing year. While there has been no
material advance in Ontario, yet dur
ing the week just closed there has been
a great number of transactions and
the market is being relieved of all
available shares at present prices.
There is every prospect of my predic-
tons for this advance to be verified
in the next few weeks. Silver King is
in strong demand. But a limited sup
ply OF stock is upon the market and
this is being quietly absorbed by in
siders. AS this company is one whose
basis of operations is confined solely
to making legitimate profit on pro-
duction, the fact that the large hold
ers are buying up all available shares
is a pointer to be taken advantage of
by the discerning public. Tetro is
pushing ahead on its long tunnel, and
as the company owns one of the best
blocks Of mineral ground in Tintic the
shares are likely to become a strong
fayorite among the low priced stocks.