The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-15
PoLLoCK's LETTER.
His Weekly Review of the Mining
Share Market.

His Weekly Review of the Mining
Share Market.
James A. Pollock will say in his
weekly mining share market letter un-
der date of May Is:
The week just ended has been very
good one for the local mining stock
market, and with very few exceptions
the quotations have advanced all along
the line Money for investment seemed
to be very plentiful, both locally and
on the outside, and buyers nearly all
made good and quick money.
Ajax opened strong, and toward the
end of the week showed great gain
of strength, closing considerably higher
than at the close of the previous week.
This advance was due largely to SYM
patty for its neighbor, the Mammoth,
and through improvement in the ore
showing. Anchor made another heavy
draft on its mining force about the
middle of the week and the properties
were all but closed down. This action
on the part of the company caused the
stock to slump materially and the close
was weak. Alliance was inactive and
Gas did little.
Bullion-B Beck was in demand at about
the previous weeks figures. The mines
of the company are in splendid condi-
ton, new ere bodies having been open
ed up above and below the 700 level.
Began showed considerable activity at
strong quotations.
The regular monthly dividend. of 81
per share will be paid by the Centen-
NAL Eureka today, making a total of
81, $50 900 paid by the company. Com
paratively little Of the stock was offered
for sale, with the demand strong. Out
at the properties the showing Of ore is
something wonderful. Only light ship
ments are being made. Dalton held its
own with the demand for the stock
quite active Good reports were re-
ceived from the mines, where the ex-
traction of ore is reported to be under
way preparatory to the commencement
eff shipments. DAILY and DAILY West
were both strong, with the inquiry for
the stocks brisk and holders who were
willing to sell few. Daily again sold
above IS. Dalton and Lark pays it's
usual one-half cent dividend today.
This makes the third payment for the
company. There was no change in the
price of the stock.
Eagle was in fair demand, but at
shaded figures. Work at the proper
ties continues as usual. -Four Aces
strengthened somewhat and sold at
better figures than during the week
previous. 1t is reported by the COM
pany that the ore showing is improv-
ing. Galena displayed considerable
strength and sold higher than at any
other time in the history of the COM
pany. The five cent dividend was paid
on the 10th. The litigation between
the Geyser and Marion has not come
before the courts yet, but will be called
next week. Regular shipments of cy-
anide product are being made by the
Geyser. Horn Silver was practically
out of the market, bids above S2.15 not
bringing out any stock. Lucky Bill is
still working away in the hopes of get
ting the anticipated big ore body. Lit
tie Pittsburg was inactive compared
with its old record.
Mammoth again showed splendid
strength and sold above the $3.50 mark
with the tendency still being upwards
Important developments in the proper
ties and the prospects of early divi-
dends were the causes of the advance.
The company now has a good reserve
and the earnings are greater than FOR
years past. Mercur pays its monthly
dividend ON the 10th, and payments are
to be regular in the future. The direc-
tors inspected the properties during
the week. and returned much gratified
at the good showing. Ore bodies of
considerable extent and good grade
have been opened cup ON the Mercur
Gold Dust cempany's properties, and