The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-10-09
CALL OF UNLISTED STOCKS.
POLLOCK's LETTER.
Weekly Review of the Local Mining
Share Market.

Share Market.
James a. Pollock will say in his Weekly
Mining Share Market Letter under date of
October 9. 1896:
Somewhat of a better feeling prevailed
in the local mining stock market during
the past week and, while the volume of
business was not materially heavier than
during the previous week, prices were as
a rule higher and the close was stronger
than for some weeks past. There is no
doubt but that the period of liquidation
! and consequent low quotations is about
| II not quite, ended. and the entire list
should show marked advances from this
on. unless subsequent developments rake
! further changes for the worse with GER
| tain securities. The future course of the
market is one of promise to investors.
The annual meeting of the Ajax comes
on the 18TH Some changes for the bet
ter may be made in the directory. The
| properties are making good records, but
the stock remains unchanged. Anchor
was again well maintained. Light ship
nents of good grade ore have been re-
sumed and this may account for the i'm
| provement in prices. Bullion-Beck was
in considerably better demand and The
quotations were stronger especially at the
close. The directors are expected to de-
clare the October dividend on Saturday
or early next week. At the mines the
showing continues gratifying. Began was
without activity.
With hardly enough stock on the mar
ket to make reliable quota tons, Centen-
nial-Eureka continues strong, but With
out special activity. The October divi-
dend of one dollar per share mas not been
declared vet, but i is coming. There was
quite a list of delinquent Dalton stock
holders, although il is expected that near
ly all will pay before the sale. The stock
remained unchanged. No news has been
received from the Mines at least no good
news. Dalton and Lark did nothing.
DAILY West was in good demand, but
buyers and sellers were some distance
apart at the close. Additional improve
which are looking very we'll and putting
out a great deal of good ore. DAILY re-
NAMED quiet. Eagle and East Golden
Gate did little. if anything. The latter
was offered down. but BUYERS failed to
come out Four Aces lid some business
at about the previous weeks figures.
Galena Will pay its usual dividend of
five cents per share on the 10th. The
stock was only fairly active. but main
tanned the existing quotations Some
splendid shipments are being made. Gey-
ser IS reported to be looking very well,
but public interest in the stock. pending
the court decision. is limited. Horn Sill
yer has just held its annual meeting, re-
sult-ng IN the reelection Of the old di-
rectOrS Some new work in the west
side of the properties gives splendid
promise. Shortage of water prevents the
mill from running TO full capacity. Lucky
Bill was stronger despite the assessment,
SA ~SOON14I " ZIG HliOf4l1s5 III tA4S
mine.
Mercur will pay its regular dividend of
121a cents per share on the 21th. An in
creased demand for the stock advanced
prices somewhat and a continuation of
buying orders will accomplish still bet
ter results, as there is comparatively lit
tie stock on the market. The mill is treat
ing about $50 tons of ore daily and the
grade continues high. At the mines the
showing never was better. if as good.
But little stopping is now necessary, as so
much Gre is coming IN with the develop
ment. Fears for the October dividend
caused Mammoth to weaken somewhat at
the close, but several heavy stop orders
are reported to be out. An Improvement
in the showing at the mines is reported
and production is to be considerably in
creased. Ontario was quiet.
Silver King continued strong, with very
light offerings. The company is expected
to resume dividends soon. Its earnings
are heavy as usual, but better prices for
the metals are awaited Although the
mill is doing good work and the mine is
showing up well. Sunshine continues low.
There is not much stock on the market.
however. Swansea pays its dividend on
Saturday. The stock was much stronger,
as was also South Swansea, which regis
tered marked advances, as the result of
improved showings at the mines. Utah
will pay its October dividend on the 10th
and Utah Consolidated is expected to re-
peat September'S performance this lnCntf.