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Show I I' ! The McirKet and the Minej. J HE With the payment of the October dividends it Hj f fe is likely that it will be somewhat easier to satisfy Hj ! ' the demand for industrial stocks. The Rocky Hj ; Mountain Bell and Con. Wagon companies will ' ' i ji pay their regular dividends on the 10th inst. Z. 1 I 1 1 C. M. I. will follow on the 15th and the Deseret I ' National passes out its 3 per cent on the 17th. j ! , The market continues active, with the preferred : j , stocks and bonds in the greatest favor. The meet- jy ing to consider the proposition for increasing the capital stock of the Idaho Sugar company from 0 j j J 5 $3,000,000 to $5,000,000 will be held October 11. J "I ' All of the sugar factories will begin operations i I this month. The latest quotations as furnished v by John C. Cutler, Jr., are as follows: '-' Amalgamated Sugar Co., pfd $101 00 $102 00 I Hi Amalgamated Sugar Co., com.... 190 00 193 00 ; j H I1 1 Beneficial Life Insurance Co 100 00 101 00 ! I IJ! Barnes Banking Co., Kaysvillc... 125 00 130 00 . j j i Con. Wagon & Machine Co., pfd. 105 00 106 00 M 'Ifll Con. Wagon & Machine Co., com. 99 00 100 00 ,; ;, ,11! Commercial National Bank 110 00 115 00 H 1 '!;! Dcscrct National Bank 290 00 295 00 H , If Deseret Savings Bank 355 00 360 00 ! Davis Co. Bank, Farmington 117 00 120 00 H First National Bank, Ogden 270 00 280 00 H First National Bank, Murray.... 115 00 117 00 t Home Fire Insurance Co 165 00 168 00 iif Lewiston Sugar Co 15 25 15 50 H , in Lehi Com. & Savings Bank 119 00 120 00 Hi' i Of National Bank of the Republic. . . 130 00 140 00 ' I'; . 1 j j Ogden Savings Bank , 180 00 190 00 B . ! I , I Provo Com. & Savings Bank 142 00 150 00 ' , ! i ! Rocky Mt. Bell Telephone Co.... 92 00 95 00 : I 'Jill State Bank of Utah 166 00 170 00 Bj ! , ' Sanpete & Sevier Cugar Co 11 30 11 40 ! j 1, ' I Sugar City Townsite Co 170 00 180 00 ;i' j , j The Utah Sugar Co., pfd 10 95 11 00 H j! !. ,;l The Utah Sugar Co., com 6 30 6 40 H:! ! 'j ' The Idaho Sugar Co 13 80 13 85 H; ' . ' Thatcher Bros. Banking Co., Log. 122 00 125 00 H 1 ! Utah National Bank 165 00 167 00 H: 1 2 Western Idaho Sugar Co 11 30 11 40 H i ; I Zion's Savings Bank & Trust Co. 170 00 180 00 H j , Z .C. M. 1 170 00 173 00 B Western Idaho Sugar Co., options 11 50 11 60 Hi $ ' Sanpete & Sevier Sugar Co., opt's 11 60 11 70 H : ! I BONDS. B Ml. : -r 7 H ; ; j! , i' Church 102 103 l , I '! i Salt Lake City Railroad 102 103 B ji j; Salt Lake City R. R. 2nd mort. . 102 103 H!H ' Mi , Sumpter Valley Railroad 103 105 H , - :j- Utah County Light & Power Co. 102 103 B ' ) j ! It seems like Bill Sherrod's Indian wife, "too B;. 1 '', good to be true," but it is a fact, nevertheless, Bij i'j1; ij j that both prices and volume of business on the Bjtijih j , 'j local mining exchange have increased at the same B r time. The inconsistency, one might almost say B'Ei j i "paradox," of decreasing sales with rising prices, Blc ' (i Iffl and vice versa, has been frequently commented ' 1 1 1 ij upon in this department as an abnormal feature of '! " 1 1 i j the market. Now that the inconsistency has dis- j ' i I j appeared, the investor may feel, with some degree Hrj' !j ' j!j ij of confidence, that he is dealing in a market that j' !' J ;j jjj will respond to the ordinary laws of supply and i j ' 'j jl demand, and not a market that is a law unto itself. H$M 1 it Jn Tlle fiSures or the week ending Wednesday eve- "iV ' j rt mM nmS are in every way gratifying. With sales at flrll' fl 'XI 115,275 shares, total selling price at $41,702.49 and flPiri ir lB 0re and uon settlements at $460,550, the out- k; j 111 ifl look is almost as bright as it was for the dying IBhi! !If 'H anc unrepentant sinner. The increase over the Bi I; i :w figures for last week is 16,149 for shares sold, Hjjjr ! m $16,345.24 in value and $95,376 for ore and bullion. This despite the fact that the exchange closed Tuesday afternoon in honor of the state fair. At the same time, the value of ten of the most active shares advanced from $7.90 to $8.04J4. The heaviest gains were made by Columbus Con., which rose from $1.89 to $2.20, and Beck Tunnel, which was boosted from 8 to 13 cents. Shares which made lesser gains were Star Con., now 17; May Day, now 77e, and Carisa, now 18. Small losses were sustained by Lower Mammoth, New York, Daly and Con. Mercur. Grand Central remained re-mained stationary at $3.50. The rise in Boston Consolidated and the strength it has maintained in the neighborhood of $9.50, and that in the face of tight money in the., east, has made local investors happy. The output of copper bullion and matte for the month has been estimated at 7,000,000 pounds. BINGHAM. An-obstacle to the consummation of the deal between the Guggenheims aid the Utah Cop.per people has arisen. It is in the - of an injunction injunc-tion issued temporarily by a 1- Jersey court, which restrains the directors i .om increasing the capital -stock or disposing of the control to the holding company of the smelting trust. The injunction in-junction will remain in force pending the adjudication adjudi-cation of the suit of Col. E. A. Wall against the Copper company. The New Haven tramway will go into commission this week. Having been drained of water, the Conger group is now open for examination, and this is being made by the management with a view to deciding upon a plan of campaign. Boston stockholders have been making an examination of the properties of the .Shawmut Con., and a resumption of development is confidently predicted. TINTIC. Lessees of the May Day jigs are shipping three cars of concentrates a month on which they pay 40 per cent royalty to the company. Two and a half feet of ore has been exposed at 100 feet in the shaft of the Dutchman mine in Ericson district. dis-trict. The rock contains copper values that will pay for shipping. A trial shipment has been made this week from the 1,500 level of the Lower Mammoth, Mam-moth, but the results are not yet at hand. Star Con. has a large body of $30 ore on the 300 level and is meeting its running expenses. There are about forty lessees working the property of the Eureka Hill and some of them are making money out of their concessions. Another $50,000 payment pay-ment has been made by the Bingham Con. on. the Eagle and Blue Bell. Ore shipments for last week amounted to 127 cars of ore and 2 cars of concentrates. The Centennial produced 62, the . Mammoth 17 and Gemini 11 cars. ALTA. A Chicago syndicate has taken a lease and bond for $75,000 on the Centennial-Emma property, prop-erty, consisting of about 100 acres. It is also reported re-ported that the syndicate has arranged with the British owners for the purchase of the old Emma Em-ma for $50,000, and will begin development work through a 1,500-foot tunnel in Emma ground. G. L. Bemis has located ten claims on the Alta townsite. His contention is that the title of the Walker estate to the townsite does not carry with it any right to the underlying mineral, which includes in-cludes the extension of the Braine fissure. From the property of Fred Rice, next to. the Kennebec, 350 sacks of silver-bearing ore have been saved for shipment. Continental-Alta has reduced its force from 120 to sixty-five, but will continue its regular regu-lar production of thirty tons of ore and concentrates concen-trates a day. ALL OVER UTAH. The Black Rock company in Beaver county has a shaft seventy feet deep in solid iron ore of superior su-perior quality. The new shaft on the Overland at Sunshine is down 214 feet and will be driven to the 600 level, where connection will be made with the ore bodies. |