Show I MUST PAYA A LICENSE I Legal Opinion as to Construction of Constrcton Revenue Laws I 4 BROKERS MUST PAY TAX l MEMBERS OF THE EXCHANGES I NOT EXEMPT 4 Must Pay War Tax to Do Busiess Yesterdays Transactions On the Stock Exchanges Dexter and DalyWest Make Advances Sunbeam Sun-beam I Demand + The license question has been settled set-tled Brokers now doing business will have to contribute their little Spanish war tax to Uncle Sam again on July 1 if they expect to continue doing business busi-ness there may be a few who have paid up to a later date but most licenses I li-censes issued to the stock brokers expire ex-pire with the end of the month I The exchanges pay a license and for a long time I has been a mooted question ques-tion whether the government could compel individual brokers who are members of the stock boards to contribute con-tribute to the expenses of McKinleys imperial policy Some have declared very determinedly that they would refuse re-fuse to pay any more tax To be on the safe side however the question was referred to Attorney George L Nyc who rendered an opinion which was read during the open call of the Salt Lake board yesterday Mr Nye in submitting his conclusions maintained that the payment ofa license either municipal state or national by the I exchange does not license its Individual Individ-ual members I Is predicted that owing to the prevailing pre-vailing conditions of the stock market that a good many of them will go out of business the first of the month money rather than put up any more license I Stock Transactions The stock market was in fairly good shape business was light but prices kept up well on the better class securi ties A few suffered declines sufere declnes such as Daisy and Four Aces but generally speaking there was a slight improvement improve-ment over the previous day Dexter showed big gains and Daly West showed marked Improvement and sold up to 1020 a share Sunbeam came forward in good order The stock was in demand and orders were filled at the rate of 56 cents Sacramento od at 48 cents 100 shares going at hat price on the Salt Lake exchange II Valeo and Joe Bowers Extension remained re-mained stationary with few sales quoted The Utah exchange did better than on Tuesday the sales aggregating a cost value of 17412 Antler sold at the usual figures while Daisy dropped to 209k cents Northern Light kept a trifle above 60 cents Joe Bowers Ex tension and Midnight Bowers recorded no changes Ontario was offered at 9 on the morning call with 750 of fered Chloride Point was low and inactive in-active The quotations posted by the two exchanges ex-changes were as follows I Salt Lake I Utah J Bid I Ask II Bid I Ask Ajax J 125 1 1 j Alice Aibion I I f i 102i4 50 Antler Ol Olt Bk Warriors 1 Blue Bird 10 15 II o 0 BulBeck 56 1 560 6Oo 56 Big camts a 1 I 60 Bright B De Light L 00 I 08 OJ il 1 00 r 078 Buckeye 0 0 It oi 01 B Bird Ex os Bng G P 48 i 4S 1 131 Con Etmreka 4750 5200 1 g rE Chlor Point 81 1 S16 5 1 Congor 67 10 1 Camp Floyd 01 OH 1 Cedar C lammoth Valley O0m I 1 81 I OJ Crown Point m 1 G Crusade C o 0 1 Daisy 21 iA 20 2t Daitea 1 OOti 10 0S Daly f 13 13 I DaWet 1021 1035 I J22 124 Dexter O 212 O 215 Dalon I O OJ t 0 Diamond C N 20 0Y Eagle 07 00 I 00 09 Emerald g 13 rf 13i Eagle BB 14 JS Ii Jour Ace 1 21 21j 21 Frisco O 0I rl I1 Gold Eule1 05t 0jI I 03 oz Gold Hi 01 01 02 Golden Star 10 11 1 t 0 GeyserMar Galena j 20 e n l 33 at I G King 1 G Gate Ex Ou g Central lxj S0 ss c I G Treafurc1 05 herschel I 0 i Horn Sliver ia 1S h Hercules I 0 I 04 Ifomestalce I < 05 tta j Iimot 31 I 21 Internatl 10 12l4 10 12a I o Bowers 1 1D4 I 1314 12 i H Joe B Ex OS Obl OS i o Kremlin W 16 Kremln L Mammoth 4W b I 4 ai L Reine 04 92 1 L Pltsbur 101 f 1 LOm I J Little Chief 02i4 r Manhattan Mmimmothm Lo 21 J ranhatan Iercur 1 Q S2a if Mar Wash 15 10 Ii I 0 IiI I May Day 1 M 0 I 0 Me1inley i 02 J Monarch Oo OF5 Mid Bowers Oh 1 02h11 011 0h North Light I f G24fl 111 ONo I O-No Swansea s h3l Omaha tt I I Ontario 0 700 90 350 i5 I OrIent Oriental 0 I il 02 I Rabbis Petro Foot tl O 7t 4 o I I o Rich na 07 15 1 I Slver Peak Oi Saerammmto 43 4 47 40 Sacrantto j II Silver King ZG00 I 1 Sunbeam i sT f 51 6 Sunshine 53 62 hb Star Con iq 100 50 o Swansea 3151 350 305 ie So Swansea 150 100 1 OI 156 Showers Con n a Sea Swan 05 10 I Silver Cloud 01 01 1 Superior Success 1 w5 oi S City ConI I O0 I O0 r The FssureI 1 t Tetr 10 01 I Triumph i oo rI O031 01 litaht I iOU 1 iO-U Salptr 0 aleo I I 10 11 1 10 11 Wand Jew 01 Yankee West CommI I = i = I Salt Lake Exchange Sales Chloride Point 500SSO Daisy 20XR21 Dexter 10Jf 1 1COJJJ209 XR20S < days DaylWest lttQJ103 S1010 seller 6 Ue ser Iron 1CO > QE Sunbeam 1CW053 10njW 100fi 6 Sacramento 100MS shares Boston Do Lamar 20001300 per 1000 Camp Floyd i000t Joe Bowers Extension lOOOQSlt Little Pittsburg 2000810i Yankee Con MVfi Valeo SCOttIi05 Orient lOUOttT Total shares sold 13300 Selling value 571973 Utah Exchange Sales Antler 300011 lCOOSUi Dalton iOOOfrUM Daisy Iu00fi20 Golden Eagle 20WiS Joe Bowers Extension 5COOQS lCCOQSi Midnight BOwers eOO > fJ2S cli Northern 4 Light 6y 600Q61 300 Total shares sold 21100 Selling value of stock 171123 Copper Stocks at Boston Special to The Herald 51350 Boston Mass Juno H Cochiti lSli > i > United Utah State J22 t001J250 American Smelting Company Special to TIme Herald New York June 14 American Smelting stock IfiST shun of common highcbt J3SOO lowest SW50 elot ll at J37W preferred I pre-ferred 20C2 shares highest S500 lowest JS175 clused at JS500 New York Mining Stocks Chollar 2 Ontario S iii i Crown Point 2 Ophir 1 DO Con Cal Va 1 Plymouth 50 Deadwood 30 Quicksilver 2 C Gould Curry 2I Preferred 7 Halo Norcross Sierra Nevada t Homestake GO Standard 2 Z Iron Silver 5 Union Con 2 Mexican 40 Yellow Jacket 1 San Francisco Mining Stocks I San Francisco June 11The official closing quotations for mining stocks to days wero as follows Alta Justice 17 Justce Alpha Ala Con a Kentuck Con 4 AndeS r 11 Lddy W Con 1 Belcher H Mexican 4i Best Belcher 45 Occidental Con 2 > Bullon fi f Ophir 1 < M Bulon iledonia G7 Overman 17 Challenge Con iPotosi Chollar 24Savage 2 1 Confidence lSeg Belcher Confdenc Va 1 13 SIerra Nevada l Con Imperial I I Silver ima Crown Point IMIbtandanl 2 40 Exchequer 2 union ton 1 m Gould Curry 25 Utah Con 1 Hale XorcrobS SSjYellow Jacket Julia 2 Boston Mining Stocks Adventure 10 0 flCearsarge 26 50 Allouez M Co SSOParot JSiOO Boston Mont 3250Qulncy 5 C l Butte Bot 315 W1 Santa Fe Copl3J 0 Bute llecia 75 OOTamnrack U 5 Centennial IlTWOOWlnoniT e 1210 OT I Franklin 3 CO Wolverines 1 W llumboldt 1 0 Utah 4o W |