Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-11-27
poLLO,K's WEEKLY REVIEW.

The Market strong w,th Higher
Grade NJ ochs la the Lead.
James A. Pollock says Ia his weekly
mirIng share market letter under date
OF to1ay:
This weeks market was extremely
strong with the higher grade OF stocks
leading on large transactions. The
adysnce was big, quick and decisive
and the market displayed steadier
tone than has been characterized for
months past. An encouraging outside
buying movement is In evidence AMI
local strong interests are taking odvan.
tage OF market conditions to quietly
absorb stocks,
There 10 but little sentiment in the
buying, the paramount lufluence
being, apparently, to get In before
stocks touch q HIGHER level OF values.
/ trust that the market Ia not over
reaching itself and that the genial
effect ufimproved trade conditions Will
ee ref cted In permanent strength
well maintained.
AisS was slightly lower Ia toe oner
in =, with only email amount OF tue
the stock out. Some splinded ship
ments OF good grade ore are coming
from the properties, which are looking
Alliance remain inactive, with absO-
lutely no inquiry for the stocks. Bull
lion Beck continued strong and quota
tions ended the week fully one dollar
above the market price OF three weeks
ago. The splendid showing at the
mines and autieipatious OF many per.
| 'ormarces such as that given by the
company ON dividend day are keeping
| the stock both active and strong.
| There IL practically no Centennial
| Eureka in this market at present.
Would.be buyers have about given up
then endeavOrs TO secure auy oil the
security at old time iitures. The COM
pany is making the usual shipments oil
very high grade ore and pays regularly
the usual dollar per share m0nthly In
dividends Day stnckhOldera are s'ilI
looking for that sntioi Jated quarterly
d yidesd which should have come on
Wednesday, according to their calcu
iatious Of quarterly payments. III
SCENE that the dividend paid In Angus
was declared ,n 1898 and rescinded. N
information as to when payments
be resumed can be Obtained at th'
local oflices. The company IL uoin,
well sa usual, and the siOca temait
firm. Dsly West was firm with tuy
ers ard sellers not very close together
Dalton vs. slightly stronger on limitei
buying. \ news has come from III
properties for some time.
GAlenh was about unchalgadi VII
ouIy limited dealings in the stoot
Several shipments Of high grade OF
from the properties were ON the maj
ke. Geyser has about completed II
mill increase. The mill viii lgive III
company capacity OF 100 tons p'
Jay. Tue stock was not very Sotv
but remained nrm. Horn silver cot
tirues slow. Ia the East there Is
reported Increased iuquiry for ih
took with advancing figures. Lges
BIZ continue, y M, although inactive
Continuing IN Ito course Of tue rs,
esveril weeks, Mercut advanced
, anu above the seveE.dollGr mark hu
with the close came n slight reaction,
very limited amount uI the s, G
changing hands below the dollar ia
showing OF ore az the mines OF On
company has never been nearly &
reaf as At present and the company
maklug an exceptional record Il
economical operation ana incteaSe
utoluc.ion. As Indicated ny IA
would be tho case, Mammoth passe
lts November dividend. This &C 10
had bee discounted by holders, nov
ever, and the STOCK dtd not chang
materially. 1t is now likely that pa.
meuts VIII be- deferred for one or ~