The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-09-25
CALL OF UNLISTED STOCKS.
PoLLoCK'S LETTER
weekly Review of the Local Mining
Share Market


James A Pollock win saw in his
weekly mining share market letter nm
der date of September 25. 1886:
Taken as a whole the week in the
local mining stock market was a fair
one there being gratifying increase
in outside buying. This is undoubtedly
a good time to buy, as practically the
Whole list Of investments is in such a
cOhuIlloh onat buyers can hardly make
MISTAKE The anticipated advance
may be six or seven weeks in coming
but surely come ii will, unless all signs
are IN the wrong. When the change
Tor the better does occur, it will be very
noticeable
While Ajax did comparatively little
the stock was fairly well sustained The
properties are reported to be in admir-
able condition and shipments of ore
are being increased. The mill tests he
ms mace at the Sioux are creating. CON
siderable interest. Anchor was some
what more in demand and the stock re-
corded an advance. Alliance did moth
ing. While Bullion-Beck was slightly
shaded, there was no good reason for
IL. The double dividend of 80 cents
per share came on the announced data
ana the usual record of production is
being maintained, except that The mill
Is closed down for a while on account
OF snortness of water. Began was in
active.
Some activity was displayed by Cen
tenn1al-Eureha on the sale of odd lo+e
Ihere is but little Of this stock on the
market, however, and quotations usu-
ally apply to small holdings only. Dal-
ton recorded little or no change The
parties holding a lease on the old work
lngs are Just commencing operations.
Ihe assessment becomes delinquent on
the End of the coming month. Dalton
q Lark was without feature. The sus-
pension of dividends has had the ex-
pected weakening tendency. Dalv did
little business, there being few BUYERS
in the field. This stock seems to he
a good buy at present quotations It's
dividends viii doubtless be regular. even
though they come quarterly. Dalv-
West continued strong, although there
was little activity
Notwithstanding reported sales of a
large block of stock in the east. East
Golden Gate was offered far down at
the close, the asking quotation on
Thursday being 2 cents. This is the
lowest point the stock has yet reach
ed and the cause for the great slump
is unknown. Work is said to be nro-
Aces did little. There was a slightly in
creased inquiry for the latter at the
close. however. Galena received some
high grade ore during the week. The
stock remained about unchanged. as
did also Geyser. Horn Silver was again
inactive.
Mammoth will pay its usual dfyi-
dend of cents per share on the first
OF the month. The stock did consid-
cradle business at about the previous
weeks quotations. Shipments are 10
be somewhat increased, ROW that the
railroad is completed to the properties.
Although at last weeks figures. Mer-
cur did more business than for some
time past. the buying being largely
from the outside, where the merits of
the stock seem TO be growing on in
vestors. The company is milling higher
grade ore than usual and has plenty
of the rock to last for an indefinite
time. Some heavy shipments of eva
nlue product are being made and the
earnings are as a result being matter
tally increased. The September divi-
deEld was paid on time Ontario did
little. and quotations were unchanged.
The September dividend has been de-