Show TRADE OUTLOOK r GROWS BETTER 4 Volume V Jume of Business in Salt Lake LakeI lake lakeI I Is Encouraging t LOCAL OCAL STOCKS ARE FIRM I SWABS IN Dr fl DE DEMAUD DEMAND E MAUD tAND AT RISING BISING PRICES 4 Is improving In Salt BUSINESS BUSNESS B Lake and the genera general outlook is better than It was a we ago al although although though the change lar scarcely i y perceptible tible The holiday trade Is under way end and is fully as good as In previous pr years rears ars Business men and bankers banker gen generally I orally are arc Inclined to be optimistic though hough conservative There are two depressing features s In Inthe Inthe inthe the general situation and several facts that are encouraging The bear fac factors factors I tors tars are the low price of a silver af affecting a the mining Industry and con consequently general business and the tight money market In the tb east As Asfar Astar Asfar far tar as silver sliver is concerned the shrewd shrewdest est et e t observers believe that It will not get any worse and most moat of them think there will be a marked improvement inside a month The conviction Is becoming settled a that the present low la price Is i due to manipulation aided iy y the forcing of laige amounts of silver on the market by China to pay her indemnity As soon Koon as the temporary temporal flurry Is over it Is believed the price will go up again In any event most the Utah producing mines are In a position position tion to keep up operations even though the price goes still lower With the U e copper mines coming rapidly to the front and the more remote probability probability ability that the iron resources will be bed developed d Utah Is In a better position thau most of the states stales st tes 4 Money roney Situation The common commont belief belle among the best Informed is that the worst has been passed Ji in the eastern money situation During October and November there Is 5 no question that the situation was critical This crisis has h s been Deen gone through however a little over overa a fortnight annual semiannual and quarterly q dividends will be he paid all allover allover allover over the United States and something over will ivill be distributed JL This amount must necessarily seek in investment investment investment vestment and the outlook Is for an easier money market Nevertheless the tendency all allover over the United States is toward conserva conservatism conservatism conservatism During the riot of consolida consolidations consolidations reorganizations and trust forms forma formations there was an enormous water waterIng wat r lug Ing of stocks The big syndicates syndicate are arec carrying c huge amounts of ot stocks that thet they cannot unload on the public under present conditions and it will be some sometime sometime sometime time before the situation reaches nor normal nO norma mal ma ma and the public is I ready rendy to absorb this stock stock One of or the most encouraging features fea tures of o the local situation looking looking toward I the future Is the positive announce announcement announcement ment that every cent necessary for the te building of or the Moffat road rod the Den Denver Denver Denver ver Northwestern Pacific between Denver DenVer and Salt Sal Lake has baa ha been raised Renewed confidence is If felt that this road rad will wl actually be built bui The pos poe positive assurance of a railroad between Salt Lake and Los Angeles as wel welt well as of at the Lake line lne has ha given added confidence conf ence in the perma permanence nence n n of f local 4 r 1 e Go Regarding local trade conditions during durin the week George Rust Inter Intermountain mountain manager for forR forB R G Dun DunCo DunCo DunCo Co says The holiday retail trade Is begin beginning beginnIng beginning ning and it is i fully funy up to the aver average avor age The Jobbing trade is satisfactory with especial activity In holiday goods gods Collections are rather ather slow v r The heavy he vy snows In the mountains make the outlook encouraging for next season as with wih ordinary good luck large crops are assured There will willbe wi willbe be plenty of water In all aU cultivated portions of Utah and Idaho while It The low price of silver has had a rather depressing senti sentimental set sentimental mental effect on business has not so sotar far tar resulted In any perceptible curtail curtan nt of trade Most people believe that the price will wl rise again before long Bankers are arp inclined to be conserva conservative conservative tive but deposits deposit are keeping up welt well welland el and there there is plenty of o money to loan on high grade securities at 6 G per cent and upward The demand for or investment securities has been strong stron Sugar stocks have been in especially good demard demand This Is due principally to o the Increase dur during durIng durIng ing the week of 20 cents a hundred on refined r ned sugar and the understanding that the sugar war has lias s been ben settled the for tor the The Tb Te outlook Is that price product will wi go a a trifle tie higher before i it iti i IU o lower while the heavy snows that there will be a a good crop of beets next net season Increases Its It Capital I The Utah Uth Sugar company yesterday voted to increase its it capitalization to half hal preferred and half com corn common comman cornmon mon man There have been ben heavy sales sale of b both bolh kinds of stock at tt t advancing prices Broker E L Burton Burton alone has haa has sold sole 40 worth of Utah Sugar preferred options during durins the past week and worth of Amalgamated pre preferred preferred erred The Utah preferred calls for a aT aper T 7 per er cent annual dividend This means mens As the old company has been I paying 8 per cent on or I Ia a year ear no fear is expressed that the I preferred dividend will wl not be taken I Icare care care of although the holders of com corn common common cornmon mon stock may have hae to wait wal one to I three years for return on their principal pal pl The preferred stock has sold up from to 10 which is par while the common stock Is quoted around aroun 4 t This makes the old 01 stock exchangeable for tor the new certificates worth 21 a at which price prie it has sold an advance of 40 cents cent a share for the week The be belief belef I list lief lef that Amalgamated Sugar common Ite Ig approaching the dividend point p ha has strengthened that stock from t to 90 9 Savings Saving Is up 2 being quoted i at 4 Ogden Savings vin I in demand at t 1750 an advance of 20 Not on orb o local security has had a shrinkage In values values i Local Stock Quotations I Following are the latest qt o of local commercial I manufacturing an nd bank stocks at selling prices and high highest est ast Ot bids bide i Deseret National bank 2820 00 A State Bank Ban of Utah 0 00 1 p fret soret Tet Savings bank 2 0 Commercial National bank u 0 Zions Savings So ing bank 0 00 Provo Commercial Savings Saving bank 0 00 r Lehi t Commercial o ii Savings s i bank b k gg 0 00 g I I Thatcher Bros bank Logan o 16 OC 00 First Na tona fonk j 4 MO 00 Ogden A f t 1475 50 Amalgamated Sugar company preferred s 99 0 00 Amalgamated Sugar gr company c common 90 CK 00 Greeley Sugar company 0 00 Utah Uth Sugar company 21 OC 00 National Bank of Df the Republic 10 0 00 Utah Uth Sugar company comp ny new stock preferred referred h I fc p 0 io 10 00 Utah Sugar company com any new stork stock stoCk common 40 4 00 Z C M 1 I l J Home Fire Insurance 00 Oti Consolidated Wagon Waon Machine MaIne preferred u e 50 5 Consolidated Wagon Machine M Ma common C 51 0 00 Rocky Rock Mountain Bell Bel Tele Telephone Telephone Telephone phone 93 99 00 Moron Mormon church chuich bonds 00 Consolidated Railway Power bonds 50 Salt Lake City railway bonds banda 00 Jumpier Sumpter Valley Valey railway bonds 10 00 0 Davis County bank Farmington r 00 Woolen Mills company 58 W 00 0 Barnes Darnes Banking Co Kaysville y 00 Oti O OTh The Th c bank clearings for the weak w without any special deals to inflate e then hem snow h an encouraging Increase of over er the corresponding week eek last ast year |