Show CAPITAIi STOCK TO BE IIVCHEASED Suit Lake Pressed Brick Cotujmny Business emailtls It The capital stock of the Salt Lake Pressed Brick company is to be increased in-creased from 50000 to 7000 or at least the proposition will be submitted sub-mitted to the stockholders within the next twenty days There can be no question as to the outcome of that consideration however as the board of directors of the company has decided de-cided that such a course is necessary and desirable on account of the volume of the companys business and the value of its recently made Improvements Improve-ments At a meeting of the board held yesterday afternoon the decision was reached and a special meeting of the stockholders has been called For some time past the new plant of the company has been In full operation opera-tion notwithstanding the fact that the building material market Is away off The board of directors decided however how-ever to turn all of the unfinished brick before the plant was closed flown forth for-th season but now that the time fast approaches when It will either be necessary to resume the manufacture of green bricks or cease operations with the kiln it has been practically agreed among the members of the directory that the furnaces will be blown out at soon as the present supply sup-ply of material Is exhausted The company now has on hand in the near neighborhood of 4000000 brick and It is very desirable that the supply be materially ma-terially reduced before any more brick are manufactured At present the companys plant Is capacitated to turnout turn-out over 40000 brIck daily and for sometime some-time past it has been burning about that number every twentyfour hours |