Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-01-17
MINING STOCK CIRCLES.
Cheaper Speculative Stocks Led In
The Calls Last Week.
Dividends By the HuIIion Beck and
centennial Eurska-DsI,on con.
tinuss 60 Grow In Raytr.

James A. Pollock says IN his weekly
mining share market letter under
date OF today:
The past week In mining stock cir.
Giles has been characterized by n very
satisfactory activity and the demand
for stocks has not been confined 10 any
particular line, except that the cheaper,
Or speculative, securities have rather
had the call. Orders from the outside
were not as aumefousas was the case
during the previous week, but Il Is an-
iicipated that there will be n great &C.
tivity Just ~ soon "a the financial stu.
alton In the East is improved by tue
settlement Of the many pending ques-
tone
The board OF directors OF Ajax re-
scInded the recent assessment OF five
cents per share, the report being that
the mine hiss 10 improved that the
heavier shipments can bo male. Tue
stock held Its own only during the
week, the tendency being slightly
downwRrds. Alliance did not recover
IL LOST strength, buyers aud
sellers being unable 10 get to-
gother 10 any marked extent. The
stock Ia now selling lower than for
many months, Stockholders arc dis.
playing their old fair faith, however,
auu paying the twentieth Assessment.
Gas displayed considerable strength
and recorded an advauco VI several
oents. The annual meeting Ia 10 De
held tomorrow, The company report.
another we'll. Anchor showed no ac-
tiyity. THIS should DO splendid buy
nj the present offerings.
Began did some business, but not at
advanced quotations. Bullion Beck
paid another div .dend OF .25, 900 on the
10th, making Sl,97b,000 Tor tue prop
srty. Tho properties are in splendid
shape.
The regular double dividend OF 81
por share was paid by the Centennial
Eureka on the 18Th, making total OF
ti,530,0 900. Very little Of tho stock Is
gu tns market, aud none below 800.
Crescent and ComIttcE arc doing lao
business In the l0csl market.
Dalton was n favofite during tho
week, hut Mt considerably lower prices
than were IN force few weeks ago.
The heavy holders have no desire TO
sell at anywhere near present figures.
Daily and DAILY West were neither ,Sry
active. The new mill Of the latter IL |
working smoothly, but has not yet
got down TO full capacity. Horn |
Silver 10 making heavy shipments.
The stock IL not coming out 10 response |
{, the bids made. Lucky Pill cOE-
l'nups development York with little |
change In the showing.
Mammoth held very close to its rec.
ORD OF the week previous and consider.
able business was done In the stock. |
Morgan OF Park City was wanted. but
not at the Offering price. The Msrcur
deal was declared oil the fret u the |
week, the beard Of directors declining |
to grant the extension fOqu sted by |
Dc Lamar, who stated that his failure |
10 connect was not the fault OF the |
property, but simply due 10 the finsn-
cIAl uncertainty Of tho EAst. The |
uuunl monthly dividend Of l23 cents |
per share COmes On the 20Ih. Recent |
Developments In tue mines OF the com.
pany are VI highly encouraging |
nature anu stockholders are congTAtu-
laling themselves that ths option was |
not taken up. OntarioIwAs very quiet. |
Rover showed some weakness, but |
recovered tOmewhGt towards the close. |
Silver Eing was In demand, but little |
Of the stock came out. The mines arc |
making n splendid showing. Prepare
tons are being made for the coming |
battle.
The shipments OF product that have
been made from the Sunshine In Camp |
FLOYD district have given very latter.
ing returns. The cyanide saves the |
values la the ore 10 very high per-
oentage. Dividends should not DO
more than two months away, AZ the
company has no debts. Considerable |
STOCK changed hands during the week.
PetTO will double It's present working
force within the next few days ana
the company proposes TO rush tho de-
velopment work with great vlgor.
The subscriptions for tho Gold Dust
treasury stock took the entire block
recently ordered sold by the beard Of
directors, and no more OF the remain
Ing shares viii DO sold for tho PRESENT