The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-11-20
HERALD FRIDAY, november TO-

/ repeatedly advised clients to take adj
vantage of the situation. The market
is on the upward turn and from present
indications will continue to advance
The volume of money boarded for
months, but now seeking investment
is remarkably large. This of itself
must advance prices, as all weak stocks
have been weeded out. New York bull
lion buyers report very strong de-
mand for silver, both from foreign
countries for coinage purposes and
from this country for commercial uses.
/ look for silver to sell around 20 cents
at no distant date.
Although quotations were not much
changed during the week, Ajax showed
signs of weakness. There was no good
reason for this change, however, as
conditions at the properties are as IA
vorable as they were, if not more So
Alliance and Anchor did nothing. The
annual meeting of the latter resulted
in the reelection of the old board
Bullion-Beck pays its November divi-
dend today. The stock was very
strong, with an upward tendency, due
to the dividend record and the improved
showing at the mines. Began did not
move.
Observation-Disclosures continued to ad-
vance and at the close there was practi-
cally no stock in the market for sale.
lac DlOQlD5 QuOldllOii cilONCu oil dQ-
vance of nearly SO from the previous
week. On the 18th the company paid
the usual dividend of 81 per share. The
mines are looking extremely well. The
assessment sale on Dalton took place
during the week, the stock sold going
at about market prices. There was no
special inquiry for stock, nothing of
Importance coming from the properties.
DAILY was in somewhat increased de-
nAn6 and c1ncQH with raa1- vol
strong quotations. There is still no
news from the east regarding the eX-
pected dividend, which is now due, and
the local offices have nothing to report
regarding the payment. The properties
are making a good record. Daly-West
continued in good demand, with little of
the stock offered. Dalton and Lark was
inactive as usual
AT the East Golden Gate the drill has
reached the 1,200-foot mark, with no
change in the formation, which is now
black slate. The affairs of the company
seem to be in practically new hands
there having been a change in mana ee-
ment Four Aces did not make any
Improvement in prices. Galena did not
90 much business, with quotations
about unchanged. The mines are re-
ported to be looking we'll Geyser is
rushing its mill increase and the man
agement is of the opinion that the com
pany will be able to commence divi
dend payments by February. Horn Sill
yer was unchanged, with little business
done in the stock. Lucky Bill main
tanned itself in fair shape.
Mercur continued strong and recorded
advances, the demand being heavy and
the offerings comparatively light. The
company is making a good record this
month, although it's gross production of
Sold may not be as heavy as during
the previous two months os account Of
some necessary mill repairs. At the
mines the ore showing is most excel
lent, reserves of immense size being
continually blocked out No stopine is
now necessary. Mammoth will TODAY
take acton on its November dividend
winch 1t is expected to pass The stock
dld not change much, many holders
having decided to await the action of
the directors. Shipments from the
mines can not be increased much until
after the shaft improvements are com
pleted. These are being pushed. With
out much business being done. Ontario
was stronger again. New ore discov-
erles below the drain tunnel are at
tfactlng much favorable attention
swansea was stronger The company
Is making a good record of production
SILVER klng went practically out of tha
market, on account of the high figures
LNed by holders. South Swansea was
also IN good demand at advancing flo
ures. Sunshine did not do much husi-
ness, but its quotations remained about
as during the previous week. The mill
is continuing it's good work. Utah was
unchanged. Its ore showing is renorted
to be improving. ~
1t