The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-22
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 snare letter under date
Of May %, 1896:
While the attention given to the in
vestment securities has not been very
marked. the past week in the local
mining stock market was a very fair
one. For no good reason. several of
! the stocks were subjected to rather
violent fluctuations. but the recovery
came before the end of the week and
the close was fairly strong.
Upon heavy selling orders, Ajax
| showed considerable decline about
! the middle of the week and did not re-
cover materially until the close. The
| properties are reported to be in good
| condition and shipments are regular.
! Alliance was without activity. The
/ closing down of the properties and the
fear that the ore bodies are not in a
! desirable condition were the causes of
Anchor taking a considerable slump,
the stock selling down as low as 81.
With the close of the week a slight
reaction occurred, but bidding was not
spirited and the stock only registered
gain of about 10 or Is cents. It is
understood the general operations at
the mines will not be resumed until the
new custom concentration is complet-
ed.
Began was in fair demand but not at
advancing figures. Bullion-Beck deciar-
ed and paid dividend of Is cents per
share on the 10Th. This makes a total
| Of S2.030,000 the properties have paid
in dividends. The stock was in good
demand and held quite strongly. Cen
tennial-Eureka continued to hold it's
wonderful strength, with very light Of
ferings and no large blocks in sight
, under $3.50. Some odd lots were sold
under $50, however. There is still no
official news as to the outcome of the
option. Despite the good showing re-
ported at the properties. Dalton was
not strong and sold down several cents
below the previous weeks quotations.
1t is understood there are several feet
of snow at the mines and ore ship
mentS can no. commence until the
roads are clear. Dalton and Lark was
without special activity. A rich strike
is reported at the Daily and the news
of the developments had its effect upon
the quotations, the offerings not being
as low as during the previous week.
Dividend news is still absent. Daily
West was in fair demand at about the
previous weeks figures.
Eagle just held its own, there be-
ing no special activity in the stock.
Four Aces was somewhat stronger
upon good reports from the properties,
but buying orders were not numerous
Galena was held very strongly and
sales were made at advancing quota
tons. The companys regular divi-
dend payments are attracting consid-
cradle attention from investors. Gey-
ser is making regular shipments of
mill product burt the stock will show no
special strength until after decision
of the courts in the cases involving
much Of its properties. Horn Silver
is reported to be in good shape and
the development work is progressing
nicely Very little of the stock was
offered on this market and none of
1T hover than 1925, with the bidding
slightly under the asked figure.
Lucky Bill has levied another assess
ment with which the company will
continue operations at the properties.
Little Pittsburg showed no activity.
For no good reason, Mammoth, after