Salt Lake Tribune | 1901-06-05 | Page 6 | In the Business World

IN THE BUSINESS WORLD The American Telephone and Telegraph Tele-graph company has filed with the Secretary Sec-retary of State of New York a certificate certifi-cate of increase of capital from 100 000000 to 150000000 At a meeting of time board of directors direc-tors of the Harvey Steel company of Newark N J held yesterday it Is said that a proposition for the sale of the company was considered The directors of the American Sugar Refining company have declared ndiv idend oC I i per cent on Its common stock for the quarter which is unchanged un-changed for the last clivlderycl Yesterdays statement of the treasury balances In time general fund exclusive of the 100000000 gold reserve in the division oC redemption shows Available Avail-able cash balances 162822533 gold 94570670 Beef on the hoof as stoQkmen say has been advancing in price for the last two weeks until the retail butchers butch-ers of Chicago have found It necessary neces-sary to raise their prices to customers Just as the butchers have done in New York It Is reported that a new tobacco company Is to be formed which Is to take over both the American and Continental Con-tinental companies and also the new cigar company recently organized and now acquiring various cigar plants throughout the country S