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Show The MarKet cind the Miners . r There was a little rise in the price of sugar stocks last week, but it has vanished and the shares are back to the old price. The reaction is attributed to three principal causes the approach of .Christmas, the Chicago bank failures and the pending legislation in congress on Philippine sugar. Nevertheless, the market is fairly active. The feature of the week is the showing made by the banks. The Deseret Savings paid an extra dividend of 10 per cent this week, making the total for the year 20 per cent. The State Bank, in the meantime, has announced that it will increase its dividends next year to 12 per cent. It has been ' paying 10. The distribution of its first, quarterly 3 per cent will occur on January IS. The prosperity pros-perity of the local money-keepers should effectually effectual-ly dispel any uneasiness caused .by disturbances in the east. The quotations up to the' close of business busi-ness on Wednesday, as furnished by John C. Cutler, Cut-ler, Jr., are as follows: Amalgamated Sugar Co., pfd.. . . , $100 SO $101 00 Amalgamated Sugar Co., com 192 00 195 00 Beneficial Life Insurance Co 99 00 99 "50 Barnes Banking Co., Kaysville... 125 00 130 00 Con. Wagon '& Machine Co., pfd. 110 00 111 00 Con. Wagon & Machine Co., com. 98 00 99 00 Commercial National Bank 112 00 115 00 Deseret National Bank 291 00 293 00 Deseret Savings Bank 400 00 405 00 Davis County Bank, Farmington. . 118 00 120 00 First National Bank, Ogdcn 275 00 280 00 First National Bank, Murray;.... 115 00 120 00 First National Bank, Logan 185 00 200 00 (.ome Fire Insurance Co 167 00 170 00 . Lfewiston Sugar Co 13 25 14 00 Lchi Com. & Savings Bank 119 00 120 00 National Bank of the Republic. ... 130 00 140 00 - Ogden Savings Bank 190 00 200 00 Provo Com. & Savings Bank 142 00 150 00 Rocky Mt. Bell Tel. Co 94 00 96 00 State Bank of Utah 200 00 202 00 Sanpete & Sevier Sugar Co.- 10 00 10 05- , Sugar City Townsite Co 171 00 173 00 4 The Utah Sugar Co., pfd 10 50 10 55 The Utah Sugar Co., com 3 50 3 65 The Idaho Sugar Co.. 1190 12,00 Thatcher Bros. Banking Co., Log. 122 00 125 00 Utah National Bank 163 00 165 00 Western Idaho Sugar Co 10 00 10 05 Zion's Savings Bank & Trust Co. 175 00 180 00 Z. C. M. I , 174 00 176 00 Western Idaho Sugar Co. options 10 35 10 40 Sanpete & Sevier Sugar Co. opts. 10 00 10 05 Church 103 103 54 Salt Lake City Railroad 103 103 Salt Lake City R. R. 2nd Mtg.... 103 103 Sumptcr Valley Railroad 103 105 Utah County Light . & Power Co. 102 103 MINING EXCHANGE. With Christmas only a few days away the local mining exchange has lost none of its recently awakened activity. Probably the members are all the more keen to make the turns that will help them fill the yawning stockings 'at home. This the bull side has succeeded in doing; and the "long" is unfortunate indeed who has not captured cap-tured a bear skin to "wrap up Baby Bunting in." During the past week it has been simply a matter of shutting your eyes and putting your money down to get into partnership with Santa Claus. In the whole list of shares May Day and Little Chief are the only stocks that have shown even fractional declines during the week ending Wednesday Wed-nesday evening. Star Consolidated has remained constant, at 12, May Day has dropped one point, closing at 10, and Little Chief has declined from $y2 to 35. The moneyrmakers have been Little Bell, which went from $3.90 to $4.95; Lower Mammoth from 40 to 44J4; Ajax from 20 to 21; Carisa from &2 to 22 New York from 17 to 19, and Daly-Judge from $7.10 to $7.75. .Taken as a whole, the stocks named have registered an increase in-crease from $15.71 to $18.93. The volume of business busi-ness has been fully equal to the buoyancy of the prices. Shares to the number of 222;280 were transferred, and $155,341.75 was realized. Ore and bullion settlements for the week amounted to $470,100. TINTIC. One hundred and ninety-five cars of ore were sent out from the Tintic district last week. As usual the Centennial led with 43 cars and the Gemini followed with 30. The Dragon Iron handed out 29 cars, the Mammoth 13 and the Grand Central 12. May Day directors have levied an assessment of 2y2 cents a share, which becomes be-comes delinquent Jan. 20. The $10,000 will be used for development. The Lower Mammoth company has closed an advantageous smelting contract with the Ohio & Colorado Smelting company, com-pany, and will ship about one car a day to Salida for treatment. There is between 60,000 and 75,000 tons of ore exposed in the mine. Two cars of ore from the Carbonate Hill were settled for this week on controls that showed 47.6 per cent lead, 10.2 ounces silver and 80 cents gold. In the Joe Bowers the force is in contact with ore at three different points, and the management estimates the average value at $43 a ton. The Yankee Consolidated Con-solidated has purchased for $500 a part of the Daisy claim, which is in conflict with it. BINGHAM. Dividends from the Utah Consolidated for the year will aggregate $1,350,000, which makes it the heaviest dividend-payer in Utah, and it will open the year with about a million and a half in the treasury. The two new buildings at the Yampa smelter are now under roof. The Bing-ham-Copper Hill Mining company has been incorporated in-corporated by A. P. Mayberry and others to operate a group of claims under bond and lease. Bingham-New Haven marketed five cars of ore 1 this week that netted $27 a ton. The December flH production will exceed 1,000 tons. Boston Con- H solidated's new test mill is progressing finely and will be ready for business by the end of the year. HH It is rumored that Samuel Newhouse has se- :IhI cured an option on the properties of the Ohio jH Copper company, which calls for $750,000. il PARK CITY. It is stated that there is a controversy, between JH the owners of the Magnolia and St. Louis claims iH and the Silver King Mining company. The former ,H allege that the King has taken ore from their 'H ground on the 700 level. The dispute may be set- il tied out of court. Report of the Daly-West for November shows the receipts to have been $123,-711.44; $123,-711.44; disbuscments, $70,177.15; net earnings; $53,534.29; dividend requirement, $36,000; addition 'H to surplus, $17,534.29. By the time this page : reaches the reader it is probable that the Daly-Judge Daly-Judge mill will be in operation on the 20,000 tons M of ore that have been accumulated in 22 months of development. The mill will be able to handle 400 tons a day. The Little Bell is cleaning lip the debris left in the course of development work, has ordered material for ore bins of 500 tons capacity, ca-pacity, and will very soon begin hoisting ore from its great strike on the 700 level. ALL OVER UTAH. The Horn Silver of Frisco has paid $80,000 in dividends this year. Its output has included 4,000 tons of zinc yielding $7 to $8 a ton net. Columbus Consolidated at Alta has opened its main ore body at the 200 level and cross-cut it for ten feet. The quality of the mineral is as good as that found on the 100 level below the tunnel. Sinking of the shaft will be continued to the 300 level. The Utah mine at Fish Springs has just paid its regular l cent dividend and an extra of the same amount for Christmas. It will begin be-gin the new year with a surplus of about $10,000. The enlarged mill of the Sevier Consolidated at Gold Mountain is practically complete, and most of its machinery installed. The Honerine at Stockton has cut the Hercules ledge with a cross-cut from the drain tunnel and -will drift east and west. As yet ho ore bodies have been found in the ledge. Five hundred feet of work will complete the connection between the main shaft and the drain tunnel, which is all that the management is waiting for before turning its riches into the market. |