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Show 1 The Market and the Mirier COMMERCIAL STOCKS. In the commercial stock market Utah Sugar common has risen from $5.30 to $5.50 and is still in great demand. Sanpete & Sevier Sugar options readily bring $11.45 and $11.50. Utah Sugar-preferred and Consolidated' Wagon preferred are both strong. All of these stocks will be held with increasing in-creasing tenacity until after the first of October, when the distribution of dividends will take place. The following quotations are furnished by John C. Cutler, Jr.: " Bid. Asked. Amalgamated Sugar Co., pfd $101 50 $102 00 Amalgamated Stfgar Co., com 192 00 195 00 Beneficial Life Insurance Co 103 00 104 00 Barnes Banking Co., Kaysville 125 00 130 00 Con. Wagon & Machine Co., pfd.. 102 00 103 00 Con. Wagon & Machine Co., com. 93 00 95 00 Commercial National Bank 110 00 115 00 Dcseret National Bank.. 288 00 290 00 Deserct Savings Bank 352 00 355 00 Davis Co. Bank, Farmington 117 00 120 00 First National Bank, Ogden 267 00 270 00 First National Bank, Murray 115 00 117 00 Home Fire Insurance Co 166 00 168 00 Lewiston Sugar Co 15 25 15 50 Lehi Com & Savings Bank 119 00 120 CO National Bank of the Republic 130 00 135 00 Ogden Savings Bank 180 00 185 00 Provo Com. & Savings Bank 142 00 145 00 Rocky Mt. Bell Telephone Co 92 00 93 00 State Bank of Utah 167 00 170 00 Sugar City Townsite Co 170 00 175 00 The Utah Sugar Co., pfd 11 05 11 15 The Utah Sugar Co., com 5 50 5 70 The Idaho Sugar Co 13 50 13 60 M Thatcher Bros. Banking Co., Log. 122 00 123 00 Utah National Bank 164 00 166 00 Western Idaho Sugar Co 11 00 11 05 Zion's Savings Bank & Trust Co.. 169 00 170 00 Z. C. M. I , 171 00 173 00 I BONDS. " I Church 01 102 Salt Lake City Railroad 10V2 102 Salt Lake City R. R., 2nd mort 101 102 Sumpter Valley Railroad 102 104 Utah County Light & Power Co. . 102 103 H Mining stocks were slow to recover from the H indisposition caused by Labor Day, but the early M part of the present calendar week was most favor- able, both the volume of business and the trend II of prices being of a .cheerful .nature. As for ll months past the market has continued to coquette M with the speculators and investors. One day it H gives every indication of a general advance; the H next it seems headed straight for the nine hun-jl hun-jl dred and ninety-ninth level, but neither promise H nor threat is realized. The only safe rule seems to H be that it will never keep in the same direction II for more than two days in succession. These cap-11 cap-11 ricious movements merely reflect the moods of l the money market and the investors. The latter II have been all at sea since the beginning of the l Russo-Japanese war, and a settled policy of in-II in-II vestment will only come when finance returns to tl its normal channels. The future of mining dell de-ll pends very much on the direction in which the (I financial breeze may turn. If the sails of the in-l in-l dustrial stocks catch the breeze mining invest-II invest-II ments will be delayed. But the industrials have M had the center of the stage for a long time now, H and there are really favorable prospects of a H change of programme. H Locally prices on ten of the leading stocks have shown a net gain of 3f cents. Four of the shares have advanced, four have declined and two have remained at the same figure. The lucky ones are May Day, Star Consolidated, Little Chief and Lower Mammoth. The latter made the only sensational sen-sational advance, jumping from 29 to 40 on the report of connection with the ledge on the 1,500 level. Uncle Sam, New York, Sacramento and Silver Shield are the slumpers. New York has suffered most severely from the embraces of the bears, going from 26 to 19. Mammoth, Grand Central and Columbus Consolidated have .figured quite extensively in the trading, but their activity has been ephemeral. The shares sold for the week ending Wednesday night numbered 98,594, and the price was $29,210.88. Ore and bullion settlements set-tlements were $438,700 against $401,100 for the week before. BINGHAM. Official reports from Boston Consolidated give the net earnings as from $30,000 to $40,000 a month. In July they amounted to $33,892. From 4,000 tons of ore smelted there were extracted 250,-487 250,-487 pounds of copper, 2,349 ounces silver and 762 ounces gold. Shawmut Consolidated Copper company, com-pany, newly formed, has begun work in the Cuba tunnel and will connect with the upper workings at frequent intervals by means of raises. At the Ohio Copper property work is not being pushed because of the pending option which terminates in December. At the 500 level the copper ledge is fully thirty-five feet wide and has been followed fol-lowed on its strike for 300 feet. Silver Shield made a shipment of concentrates this week from the Kempton mill, where it has been making an experimental run to determine the availability of the process in a mill of its own. The plan to increase the capital stock of the Utah Copper company com-pany from $4,500,000 to $6,000,000 has encountered an injunction issued by a New Jersey court at the instance of Colonel Enos Wall, who is opposed to the sale of the control to the American Smelting Smelt-ing & Refining company. A hearing on the injunction in-junction will be held later. TINTIC. Carisa is shipping a carload every two days which comes principally from between the 600 and 700 levels in the Spy. Stoping will be resumed in the original property when the raise is completed com-pleted to the Victor Consolidated workings Lower Mammoth is drifting on the 1,500 level for the ore body that was first exposed on the next level above. Last week's shipments from Tintic totalled 114 cars. Centennial-Eureka led with 47 cars, Eagle & Blue Bell 12, Gemini and Mammoth 10 each, Victoria 8 and Godiva 6. Uncle Sam will pay out $5,000 in dividends Sept. 20. The Scran-ton Scran-ton in North Tintic has a ledge twenty feet wide that carries 35 to 40 per cent zinc. The deposit has been proved up for 140 feet and to a depth of forty feet. Hitherto the property has been a lead producer only. Grand Central declared a $12,000 dividend during the past week. Victoria will also make a distribution today. PARK CITY. Ontario is still driving the tunnel around the final obstruction in the drain conduit and good progress is being made. In the mean time ,the water in the mine has risen to the 1,100 level. Silver King paid its usual $100,000 dividend this week. In the Jupiter in Thayne's canyon ore av- j S craging $241 a ton has been opened 1,600 feet ) 3H from the mouth of the tunnel. Reports made to j bHH the stockholders of the New York Bonanza at 1 their annual meeting show that during the past j ffflfl year the company has received $27,400.97 for o.e, tj Bflfl $9,015.20 from an assessment and $500 for water j HB rent. Expenses, $22,434.31 for labor; $4,690.1" !. wjfjM general expenses; $2,641.42 mine supplier; 'j iH $1,501.53 timber ,etc; $6,478.66 miscellaneous. The jflfl next shipment of ore will meet the overdraft. j Statement of the Daly-West for August: "Re- , jflH ceipts from ore, $102,974; Disbursements, $51,- j '1 173.07; added to reserve, $15,801.56. ' fl There is a well authenticated report that the j. old Emma property, the most famous producer j flH in camp in early days, will be reopened witn Manager Thomas of the Maxfield in charge. jfl The Pittsburg has received $44.30 a ton for a i shipment containing 56.3 per cent lead, 16.3 ounces j silver and an excess of iron. Columbus Con. has, I BH followed its vein east for 200 feet and is drifting west toward the intersection of the fissure and J , ,HH contact. By way of improvement the manage- j jH ment is putting in a new electric pump of im- ! ,flH proved design and will soon install a new gen- ' erator and additional Wilfley tables. flH |