The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-03-27
POLLoCk'S LETTER.
Weekly Review of the Mining Share
Market.

Market.
James A. Pollock will say in his weekly
mining share market letter under date of
March 81, 1896:
The whole market closes with an up
ward tendency. but business is somewhat
restricted, and it is difficult to anticipate
the course of the market. The invariable
spri;ng poom should make its appearance
during the next sixty days. / fully eX-
pect to see a sharp rise, and as things
are shaping themselves, it would not sur
PRISE me to see it initiated much earlier
IMAM usual this year. People buying now
have practical assurance of the resIiza-
ton of handsome profits
AJAX made no material change but just
ABOUT held its own, some business being
done in the stock. Alliance remained in
active. The last assessment has been
assessment of cents per share and as a
result the stock slumped off several
points. Anchor was even stronger than
during the previous week, bidding being
more active and offerings at consider
ably advanced prices
Began was in more demand, even with
the assessment delinquent. Bullion-Beck
made handsome advance, closing
stronger than for several weeks past
Stockholders feel confident that the
usual 25-cent dividend will be paid next
month, as the properties are reported to
be in good shape and the shipments of
ore continue as heavy as formerly.
The Centennial-Eureka has practically
suspended ore shipments during the
pending of the option, which runs to
July, the work at the properties consist
ing almost entirely of development work,
which is daily showing up greater and
richer ore bodies than ever. The assess
ment on Dalton was practically all paid,
the number of delinquent shares being
comparatively small. The stock was in
more demand than during the previous
week, prices remaining about stationary.
DAILY showed good strength, and there
was no stock to be had at the previous
weeks figures. Reports from the mines
are of the most encouraging nature and
the stockholders continue firm in the be-
lief that the deferred dividend will be
paid in the near future. Daly-West also
showed increased strength, bidding being
Lark will declare its monthly dividend on
the LIST of the coming month. The man
agement announces that the amount paid
will not be less than in March, when it
was y cent per share, and there may be
an increase.
C-cyser was only fairly active, sales
being made at slightly shaded figures.
The mill continues work regularly and
the reports of the company are all very
good. There was a slightly increased in
quiry for Horn Silver. despite the ex
pected passing of the regular quarterly
dividend. Lucky Bill is reported to have
encountered very favorable change in
the formation at the bottom of its shaft,
and the stock made a good advance. Lit
tie Pittsburg rallied materially, and even
with the assessment practically de-
linquent sold al higher figures than dur
ing the previous week.
Mammoth continued strong and made
slight advances in price. The improve
ments in the mine and mill equipment
have not yet been made but are matters
for the near future. Morgan (Meears)-
was inactive Mercur sold at somewhat
lower figures early in the week, due to
the efforts of several holders to realize
on a quiet market. The stock showed
increased vigor toward the END Of the
week and regained much of its lost
strength. Everything at the properties is
in the very best of shape, with increased
of product being made. Onta-
rio will pay 10 cents per share on the
29th The stock was very strong above
S13 Silver King has announced its reg
ular dividend of % cents per share, pay
able on the 18th of April. The stock sold
as high as $3.50, with little offered.
Sunshine did considerable business at
about the previous weeks figures. The
insiders are still maintaining their usual
silence but they refuse to sell any stock
at figures away above the market, Whlcn
should be a good sign for the weak hold
ers Something in the way of dividends
should be heard in the near future.
Tetro is reported to have found the
vein for which it was driving, but no in
side information is being given out. The
tunnel is out of lime and into splendid
looking quartz. Utah and Galena were
in demand. Eagle was one of the active
stocks of the week, advancing from 10 to
25 cents in less than ten days. The prop
above the Rover, and are said to have
cnIendid future