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Show 8 '.Hi : : I ; I M The MurKet and the Mines. I ii? J I . The commercial stock and bond market will jKftiifj fe,e rather quiet until after election, although ''vvrTp ( J stocks are steady with an upward tendency. The 1 'm principal activity this week has been in Utah j , Sugar preferred, Idaho Sugar and bonds. Money i ii tffi s plentiful and the outlook generally is excel- Jf,- lent. Over a million dollars will be paid to the f' farmers for beets this month. Idaho Sugar paid o y2 per cent quarterly dividend Wednesday. The 1 books close on the 5th for the issue of $500,000 stock at par to stockholders. Investors are bid- ; ding $3.70 with stock scarce. Preferred stocks ! j j are in strong demand. The following are the j l 'j quotations at the close of business Wednesday jj j night, as furnished by John C. Cutler, Jr.: ! Bid. Asked" Amalgamated Sugar CoTpfd .77. $10100 i0200 , Amalgamated Sugar Co., com.... 193 00 195 00 I j Beneficial Life Insurance Co.... 100 00 101 00 ' . Barnes Banking Co., Kaysvillc. 125 00 130 00 ! Con. Wagon & Machine Co., pfd. 108 00 109 00 j? j Con. Wagon & Machine Co., com. 99 00 100 00 t Commercial National Bank . ... 110 00 115 00 1 ji Heseret National Bank 290 00 292 00 I D'cserct Savings Bank 360 00 365 00 I A LTavis Co. Bank, Farmington 117 00 120 00 h ' ' First National Bank, Ogden 275 00 280 00 I i First National Bank, Murray.... 115 00 120 00 I Home Fire Insurance Co 166 00 168 00 I Lewiston Sugar Co 15 00 15 10 E Lehi Com. & Savings Eank 119 00 120 00 I i ( National Bank of the Republic... 130 00 135 00 I t 1 Ogden Savings Bank 180 00 190 00 ! P'cbvo Com. & Savings Bank.... 143 00 150 00 ( Rocky Mt. Bell Tele. Co 92 00 92 50 S&te Bank of Utah 167 00 170 00 ., Sanpete & Sevier Sugar Co 11 35 11 40 h : Sugar City Townsite Co 172 00 180 00 ,'''!! Tile Utah Sugar Co., pfd 10 90 10 95 Hi ! ! The Utah Sugar Co., com 6 05 6 10 i ' The Idaho Sugar Co 13 70 13 75 i ' ' Thatcher Bros. Banking Co., Log. 122 00 125 00 I ' Utah National Bank 163 00 165 00 1 Western Idaho Sugar Co 11 25 11 30 i Zion's Savings Bank & Trust Co. . 175 00 180 00 Zs C. M. I 173 00 175 00 testern Idaho Sugar Co. options 11 35 11 50 i y J Sanpete & Sevier Sugar Co. opts 11 45 11 60 j.ljj BONDS. i )h Church I 102 102 (I Salt Lake City . Railroad 102 102J4 Salt Lake City R.R. 2nd mortg... 102 102 Siimpter Valley Railroad 103 105 I ffiah Co. Light & Powr Co 100 101 5 i 111 THE MINING EXCHANGE. Hj If I For a time during the past week serious con- 3 Iff sequences were threatened from the burning of yi the coking plant of the Utah Fuel company at " Sunnyside. The smelters had only a few days' jjl supply of coke on hand, and fears were enter- ' il tertained that they might have to close down. jB lilt , Other sources o supply have been secured and m the danger is averted. Ore and bullion settle- HH : 'm ments for the month of October amounted to $2,139,250. This is estimated to represent about one-half of the mineral production of the state in October. Stock transactions during the same period were 492,950 shares, sold at $204,545.77 value. The ups and downs of Columbus Consolidated Consoli-dated on the exchange has been one of the entertaining en-tertaining features of the Bull & Bear Extravaganza Extrava-ganza company. When it dropped last week to $1.98 the bears began to take notice and think there was something doing in their line. This is where they made their mistake. After its relapse Columbus hit the upland trail and has stayed on it to $2.53 at this writing. The same upward tendency ten-dency has been manifested by nearly all leading shares. Silver Shield has gone from 1254 to during the week ending Wednesday night; Uncle Sam from 32 to 32; Yankee from 30 to 30; May Day from 7f to 9: Lower Mammoth from 16 to 21; Carisa from 17 to 17, and Beck Tunnel from 15 to 15. In going up they passed Star Consolidated, coming from 14 to 12J, and New York from 14$ to 14. The total value of ten leading shares has risen from $3.87 to $4.19b during the week. The value of the stock sold on 'change is $59,387.38, a gain of $14,179.61, while the number of shares sold fell from 134,133 to 120,375, showing that the activity has been among the higher priced shares. The record for ore and bullion settlements is splendid, being $569,200, a gain of $50,650. BINGHAM. With its tunnel in 2,300 feet the St. Joe has only 200 feet to go to reach the big vein that has been explored at the surface. Representatives of the Bingham Group company have been in camp making arrangements to equip and work the Greeley, Mountain Gem No. 2, Croesus and Sacred through the British tunnel. Following the withdrawal of Colonel E. A. Wall's injunction proceedings the stockholders of the Utah Copper company met in Jersey City and voted to increase in-crease the capital stock from $4,500,000 to $6,000,-000, $6,000,-000, and to issue $3,000,000 of six per cent bonds convertible into stock, the latter to be taken up chiefly by the Guggenheims. The Bingham Consolidated Con-solidated smelter will have its additional equipment equip-ment ready for operation early this month and will be prepared to handle 1,000 tons of ore a day. The New England shipped a car this week that netted $500. PARK CITY. The annual report cf President Treweek to the stockholders of the Wabash company shows that the company has acquired 220 acres of ground by lease and purchase, has opened five veins and has cross-cat for 3,000 feet. The ore found in two of the veins is very high-grade, running all the way from 50 to 550 ounces in silver, 20 to 50 per cent lead, and $1.60 to $15 gold. Over 6,000 feet of development work has been done at a cost of $107,041. The new boarding house at the Jupiter is ready for occupancy occu-pancy and everything is looking well in the mine. Rumors of a big strike on the Comstock have been denied. Stockholders of the Keith-Kearns at their meeting this week voted to increase the capital stock to 300,000 shares, of which 40,000 shares will be used to increase the property holdings hold-ings of the company. The mine is maintaining an output of about fifty tons a day. TINTIC. Last week's shipments totaled 138 cars of ore and two cars of concentrates. Centennial contributed con-tributed 63, Grand Central 10 and Mammoth 9. A shaft is being put down from the tunnel level of the Scranton in North Tintic on a body of zinc carbonate ore of which 10,000 tons have been blocked out. The ore body on the 1,000-foot level of the Eagle & Blue Bell is turning out to be even larger than was anticipated. BEAVER COUNTY. The shaft of the Frisco Contact is down more than 400 feet, and at 500 a cross-cut will be started for the ore. Assays from the new ore body in the Gomer incline of the Harrington-Hickory Harrington-Hickory reveal 77.5 ounces silver and 24.4 per cent lead. The claim is maintaining an output of one car a week. The Federal Gold property in Beaver Lake district has a 75-foot shaft and the showing is so good that the owners have already begun to talk of dividends. ALL OVER UTAH. With the opening of the former Uintah Indian reservation to mineral entry thousands of locations loca-tions have been recorded in the land office. They cover gold, silver, copper, lead, coal and asphal-tum asphal-tum properties. The Cyclone at Stockton has begun shipping from a drift at the 700 level which is all in ore. Lessees on the Florence and M. G. F. on Mineral Mountain in the La Sals have opened a vein of copper-gold ore from which they expect to take five tons a day throughout the winter. The new incline shaft at the Overland at Sunshine Sun-shine is down 280 feet, and the force is making 125 feet a month. The Sevier Consolidated at Gold Mountain has secured control of about 1,000 acres. Its new mill will be open for the treatment of custom ores. |