Show PAYS A DIVIDEND Another Salt Lake Institution Comes To the tOne t-One of the few banks in the west whicji have earned enough to pay handsome dividends is the Deseret National Na-tional l which is now disbursing to its stockholders a dividend of 3 per cent for the quarter just ended The board of directors of the institution tution held a meeting yesterday morn ing and as predicted by The Herald on Sunday morning declared a quarterly quar-terly 3 per cent dividend on the capital cap-ital stock of 500000 payable at once This means the riJshiirspmpnf nf 1hnnn uu The directors listened to the reports of the officers and were highly grati fed at the flattering showing made The board of directors of the Deseret Savings bank held their regular monthly meeting yesterday THE WHITE METAL I if Still Moving the Downward Grade The white metal is evidently on the downward track and just which level will be its resting place is a question whose settlement is very uncertain Yesterday the price of silver fell nearly 1 cent the market closing at 64 I is fast reaching that point when the best of the properties in the territory will be forced to close down Last summer when the price fell to 65 cents every mine owner in the west seriously cpnsldered the proposition of ceasing operations but on the day following the great slump the price advanced and continued on the up grade for several sev-eral months One of the heaviest operators oper-ators of the territory stated yesterday that should the price again fall to 62 cants it would mean the suspension of nearly f not quite all the mines in the territory which depend upon the silver for profits Lead remained at 325 |