Show TRUST WATERS SUGAR STOCK 4 I New Amalgamated Company Starts With Inflated ed Capital 4 ALLY OF UTAH IN CONTROL t INVESTORS STUDYING EFFECT OF OP TRUSTS PUTS POLICY t 4 TN the consummation of If the deal IN I whereby hereby the sugar trust has caused used the merging of the Logan gan Ogden and La Grande Ore beet sugar pr prop properties p into one company c to be Known wn as the Amalgamated Sugar company compan and the taking by the trust of 51 per Pet percent percent cent of the new stock the local toca inest invest investors ors ore in commercial securities have found the hr t chief event of at Interest of or the week i eek The details of or the transaction have hae been published and now investors are beginning to estimate the worth of or the he new shares which as is evident are not free from watering On this ac account account count it Jt is J believed that many pf the holders will unload at the fancy prices priced offered for the control and nd decline to reinvest According to the arrangement which has been perfected by David Daid Eccles the largest individual holder boIer of shares in i n the Ogden Logan and La Grande Grandc companies companI and by Manager T R fl Cut Cutler Cutler Cuter ler l er the resident representative r ot of the Havemeyer or trust Interests the shareholders have hae until next Saturday to either sell seJI half haIl of their holdings to the trust at a share for Ogden stock for Logan and for fOI La LaGrande LaGrande LaGrande Grande or to take three shares of 01 Amalgamated stock mode two of preferred and one of common for each of ot stock held In the old concerns The fact that out of ot the au authorized authorized capital of Is js to be beis is issued a in ut the plan of pass passIng leg Ing control to the sugar S uga r trust tru prop properties properties which can be duplicated d experts say for half the sum named and that matters seem Seoul to be progressing to the i point where the Utah Sugar company now controlled by the trust through a a local board of ot directors will be ab absorbed absorbed absorbed by the new Amalgamated com corn company company pany Is moving many of the ers era to sell seJI out without reinvesting In int I sugar as many of the sellers of ot Utah t shares did a few months I In the opinion of investors the pre pro preferred I fema shares of the Uie Amalgamated wil wit wilbe I J be worth on the market from 90 to te par and the common stock from 50 aO to te i iti according to tn the voting power powei 1 named in the stock tock certificates and the C i guaranty of ot dividends to the common t i istock stock I It Jt Is estimated that at least leat 1 will be paid p ld out within the next few fes I days to holders of ot the three classes of or 0 sugar stock for tor what t they may sell to t It I the trust and the influx in ux of ot this nor new r money will vilI probably have a further norr r stimulating erect effect on the local Invest ment market on ott other classes of or se so securities J however I The payment of dividends last week resulted in the price pric of many of the I favorite stocks falling tailing to the place they j occupy in fn the estimation of Investors I at the close of each cant dividend period Transactions TranS were in fair volume at th the usual stiff prices Following FallowIng are axe the latest quotations at selling prices and highest bids Desert Deseret t National bank 2 OO 00 State Stat Bank of o Utah X Deseret Savings bank HOO Of 00 Commercial National bank OC 00 Zions Savings bank 1 00 Provo Commercial Savings bank 00 National Bank of the Republic 11 00 Lehi Commercial Savings bank 4 5 00 Thatcher Bros bank Logan US 00 01 t First National bank bailie Ogden en 26 00 Ogden Savings bank 3 jt 00 Logan Sugar company 1100 00 Ogden Sugar company 00 Greeley Sugar company M 00 La L Grande Sugar company 00 Utah Sugar company 1610 Z C MI lrI I 00 Home Fire Insurance ri e 19 00 Consolidated Cons Wagon Machine preferred 00 Rocky Mountain Bell Telephone 00 Mormon church bonds 00 Consolidated Railway Power bonds 00 GO Salt Lake City railway bonds IN 00 Sumpter Valley VaHey railway bonds DO X |