Show Z M I great commercial Cor coina nation yesterday afternoon the regular annual meeting of the stockholders orthis of tins great institution was held in it salt lake city from fron I the proceedings ce as reported in the deseret newa yews we leam learn that not only has a dividend of four per cent for the six sir months been declared but bt a handsome margin of some 60 will wil ibe be carried to the reserve reserve or surplus fund during tho the past half year there were purchased easome some worth of goods was paid for freig freight lit and find the cash receipts were the institution it appears is now subdivided sub divided into sixteen departments part ments and brandies branches accounts with each are kept separate so that at the end of each half year the amount of goods purchased haseAl the number of timed each particular took stock has been turned over oyer the coat cost of selling and profits proff its realized lied can be seen at a glance A complete and thorough check system has lim been introduced which not only is a great safeguard against loss through errors and carelessness but it accurately r registers daily the sales of each vich employee and all errors error made amade thus at the end of each day month or half year the officers of the institution consider that they can tell with certainty the value of each salesman ta the house and rate him accordingly the system upon which the large business is conducted has been elaborated by years of care and experience and a nd ia is as jer perfect feet perhaps as can be found in any tiny commercial house in the country the manufacturing departments of Z RI I are steadily g growing row in and are doing well so g great amt i is ste the demand f for or some lines of h homemade me cloth clothing that it is found impossible clothing to keep beep a stock in hand the tannery boot and shoe factory and homemade home made clothing department furnish employment to hands to these add a force of sales men laborers and clerks and it swells the total to employees employed steam stearn power will shortly be introduced into the boot and shoe and homemade home made clothing el factories tori es which will not only increase the capacity of those departments but will further cheapen the cost of production and consequently lower the selling price which will in turn benefit the people the election of officers and directors resulted in the confirmation of the old board and officers as follows president win W H ho hooper r vice president arn jennings secretary cc and treasurer T G webber cb directors john taylor geo Q cannon jos K F smith H S eldredge al Thatcher John sharp D calder |