The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-10-11
OUTLOOK is BRIGHT.
Great Promise of Activity in Utah
Mining Stocks.

James A. Pollock will say in his
Weekly Mining Share Market Letter
under date of October II, 1895:
All things considered, the present
week has been fairly active in mining
stock circles. Many stocks made
slight gains, and there were no de-
clines of note. The best posted invest
merit and speculative element in tine
country seems to be attracted towards
mining, and [ expect the sentiment to
gather volume during the next few
months. In due course of time it will
be found that there is much money to
be made in gold mining in this coun-
try, and we will have a period of
gold mining investments equal to that
now evidenced in the French and Eng
li5h markets.
The silver situation. is improving
and is an encouraging feature in the
general condition of mining operations.
The advance which has occurred in the
past week while not heavy has been
sufficient to warrant q favorable view
of the future Of the white metal. The
demand now being made is not in any
sense speculative but coming from
original and reliable sources. I predict
that the price viii be much higher
before the first of the year
Ajax is in demand and there is but
little stock coming out. The favora BILE
outlook from development of the 200
foot level is producing q decided feel
ing of confidence among stockholders.
Alliance sold during The week at $3.50
ard is apparently passing into strong
hsads which will necessarily lessen the
offerings in the future. Anchor is
| BulNon-Becl. The mine continues to
make very large shipments but there
/ is no announcement as yet for this
months dividend.
Observation-Disclosures is in demand but
there is some difficulty in bringing
! buyers and. sellers together. conse-
quentW trading is limited. 1t is re-
sarded as a pertinent question as to
why Comstock does not ship a few car
loads of ere claimed to be in the mine
ready to be taken out. Crescent has
been inquired into of late to a. degree
to attract attention. The old specula-
tive favorite may again take it's place
! on the active list. | should rot be
| SURPRISED to see a. big move in Dalton
which is being bought up at prevailing
prices by a syndicate organized for that
purpose. There is more warrant for
! higher values now than ever before in
The history of the stock
think speculation will become more
specific and it is my province to note
that Daily gives a, promising prospect
! for a. big turn. Daily is undoubtedly a
buy st present prices and for the flu
! ture l have TO say that the mine will
be working when other properties on
this LIST are forgotten. There is moth
ing happening in the internal condi-
ton of Daly-West to cause it TO move
but the property is III such shape that
the stock will prove a good thing to
have. When the times are quiet pre-
pare for a. storm, and this saying is
| espec:aIly appfica BILE to Daly-West
Horn Silver is also "a good buy, and
sure for a round profit in the near fu-
tura l have known the stock TO ad-
vance 80 certs per share on the an
nouncement of a 121a cent dividend. a
dividend. will be paid in December
Lucky Bill is freely offered but the
stock is without support.
The interest in Mammoth is increaS-
ing ard I am a confident believer II
higher prices; for "a long pull profit yor
fllve but to buy and wait The debt
of the company is being rapidly re-
duced and there will be gratifying ad
dftions to the treasury in the near fu
ture. Mercur continues the fancy
stock of the list. Shares sold thi:
time last year for $3.50 and in the
interim has paid Is cents per share il
dividends. The regular dividend Of
1917 cents per share or $4,000 paya bic
on the goth, was declared ON the 10th
Ontario is weak from want of support
1t is a good plan to buy the stock OF
any recession. Silver King is no
quite as strong as some weeks back
There is much sentiment controlling
the stock and it is possible that i
will touch lower figures Tetro il
pushing ahead on its long tunnel Utal
naid a dividend of 2 cents per share, o.
50 ono ON the 10th.