The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-04-24
POLLOCK's LETTER.
weekly Review of the Mining Share
Market.

Weekly Review of the Mining Share
Market.
James \. Pollock will say in his weekly
mining share market letter under date O.
April a:
Business in the local stock market ha:
been satisfactorily active, with a con
tinuance of the upward tendency of the
previous week. Orders from the outside
were heavy and frequent, and taken to-
gether with the Improvement OF loca
trading, must be an indication that In
vestors feel confident of the stability OF
the market and see in the inclination to
advance a splendid chance for specula-
ton as we'll as investment.
Ajax continued in fair demand, with
the offerings and bidding both stronger.
AT the properties the showing is reported
I to continue about as for some weeks past.
4 Alliance lost the preliminary skirmish
with the Silver King, but the officers of
the company say they are confident of the
result being in favor Of the company
! when the main case is called for trial.
Anchor was firm, although the inquiry
was not very heavy. Gas did nothing of
/ note
The demand for Bullion Beck was spirit
! ed but holders refused to make conceS-
Sions and the volume of business done in
the stock was only moderate. Reports
from the properties are of the most en-
coaraging. Stockholders look for their
( dividends on the first of the coming
month. Centennial Eureka paid it's mid
month dividend of 81 per share on the
10Th, and will continue the payment of 81
per share until the result of the option is
known. Offerings of the stock were linn
tied, none being under $TS, while small
blocks were in great demand at SIS and
above. a slight increase in ore shipments
is being made and the mines are in adj
mirable shape. Dalton and Lark sold
around 80 cents as usual. This company
cninn1onrS nj nd
concentrates, and its properties at Bing
ham are reported to be in first-claSs
shape. Dalton was in good demand at
about the previous weeks figures al
though there was a slight shading toward
the close. Another lot of ore sacks was
sent down to the mine during the week,
and ii is the intention of the company to
make ore shipments Just as soon as the
roads will permit. Daily was very strong
at advancing figures, with comparatively
light offerings. Judging from recent re-
ports this stock should pay some sort OF
a dividend within the next thirty DAYS
Daily West was also a favorite and sold
higher than ever before in its history
Recent developments in the mine and diV-
dend expectations are responsible for its
activity and advancing quotations.
Eagle was considerably stronger than
during the previous week and sold up to
and above 10 cents. Galena was again in
good demand and considerable business !
was done in the stock. Shipments from |
the property are both rich and heavy !
The suit between the Marion and Geyser !
companies, involving the properties of the
latter, Will be called in the court early |
in May, and preparations are being made /
for a very extended contest Bids on |
Geyser were considerably stronger than |
during the previous week, with the offer
ings higher. Horn Silver did very little |
business, there being an extremely limited /
amount of the stock offered on this mar /
let Little Pittsburg remained practically
stationary as to quotations, but d large |
volume of business was done in the stock.
Lucky Bill is still sinking its main shaft
and has now attained depth of over
l 600 feet.
Mercur continued strong, with only a
comparatively light Offering of stock, and
the demand heavy around S7O5 AS is al
favorite, and undoubtedly viii continue
as such. Shipments of high grade ore
are now being made from the Matte
group, recently purchased by the COM
should make an increase in the companys
'evenues. Mammoth sold at slightly
shaded figures, but towards the close of
he week regained practically all of its
ost strength, selling again around So.
Bids on Ontario were more frequent
md at better figures than during the pre-
Iious week the offerings of stock being
7ery limited The company will pay its
usual dividend of 10 cents per share on :
he 10Th of the month. Silver King was
llso very strong, with bidding spirited
md light offerings of stock. The proper
les are reported to be in admirable con-
lition. Sunshine was materially stronger
lpon fair buying orders and good reports
rom the company'S properties. Tests are ,
icing made on the companys ore at the
meters south of this city with the view
f even increasing the present good per-
entage of savings at the mill Recent
developments in the properties are of a
most encouraging nature. Reports from S,
'etro are in effect that the showing is :
ally becoming better. Utah was strong, !
ut not very active ;;