Show ITEREST RATES LOW Demand Securities Sends Prices Above Par MONEY SEEK INVESTMENT Solid Prosperity of the Community Shown by Steady Advance in Price of Commercial Securities Few Paying Pay-ing More Than Six Per Cent Gil t Eclgo Heal Estate Investments Becoming Be-coming Scarce and Capital Turns to Stocks find Bonds Dividends of Mines Expended at Home + + + + + + + + + + + + + + + + + + Week Week + + jmllncr ending + + I Apr Id s May i 4 f + Bank clearings J12S12I 2071330 + 4 Kealty transfers S27CO SU7I3 + + Knlldlng permits C20CO 212 0 4 + f + f f + + + ± f + + f + + + + This steady advance In the price of commercial 1 securities t in the local I market mar-ket Is one or the best Indications cl the solid prosperity of Utah and Suit Lake City Never before have stocks of bunka and Industrial concerns sold at KO high a price although the dividends paid are Just the sense In most cases as they have been for years Investors are glad of the chance to place their money in aufc concerns which yield ear limits although small returns and there are few good securities that pay inure than G or 7 per cent Until a few years ago the thousands of dollars monthly received from the IT uuli mines went to New York and other EaJucrii ellea where the owncrs of the mines lived and little 6r It was upcnt in Salt Tnkc Now the situation is greatly changed Mine owners arc building their homes here and are constantly con-stantly looking about for chances to place their Incomes In safe In vest mcnts in Utah The consequence Is that gilt edged real estate and stocks and bonds are being taken up rapidly and the bid ding has boosted prices materially It is interesting to note the differences in quotations on stocks that pay the same amount of dividends State Bank of Utah for example an 8 per cent stock sells as high us 11750 ylylnThj less than 5 > per cent on the investment Davis County Bank another S per cone payer sells at par and Thatcher Bros Banking Co is quoted at SIM Other 8 per cent dividend payers are Anns Saving Sav-ing Dank and Trust Co SliO Provo Commercial and Savings Hank 5120 und Ogden Savings Bank 131 Among commercial and industrial stocks the dividend is slightly higher a result to be expected in law of the greater uncertainty of such enterprises Utah Sugai Co it is true sells at a price which allows the Investor but about C per cent but Ogden Sugar Co a 20 per cent slock at the prevailing quotation of 105 yields more than 10 per 1 cent net Consolidated Wagon and Machine Co preferred paying 7 percent per-cent sells at a slight premium while Rocky Mountain Bell Telephone Co at 0 per cent also holds slightly above par Church bonds pay slightly less than f per cent at the prevailing price with Salt I Lake City railroad bonds about on the same level and Consolidated Railway Rail-way und Power bonds at only 5 percent per-cent hold a full point above par The latest quotations furnished by Broker John C Cutler Jr frc as follows April 0 May 5 Desorct Notional bank jrrnCH 27rCO y C M 1 1KIOO 10000 IIoiiic Klro Insurance Co IJtfoO 117 f0 Utah Sugar Co JC70 1070 Ogden Sugar Co IPS 00 1970 State Hunk of Utah H7r > 0 JISOO Dcseret Savings bank 20700 210 00 Coin Savings bunk 10000 10000 Xlons Savings JJtmk Trust Co 1SOOO 13000 Provo Commercial Saw ing bank 12000 J2000 Leal Commercial Say ings bank 10000 1COOO Thatcher Hros Banking Co Logan 11100 111 SO FIrat National bank Og den 2MW 211 CO Rocky Mountain Boll Tele phono Co 1010 30000 Davis County bank Fur mingloii 10000 10000 Barnes Banking Co Knys vlllo 22000 22000 Ogden Savings bunk 13100 KlOO Ii Grande Sugar Co 10300 11T CO Consolidated Wagon Ma chlnu Co preferred i 10200 10200 Civilly Sugar Co 12200 Church bonds JO 10391 Church bonds ICO1 103 Consolldatcid Railway Power Co bonds 101 101 S L City Railroad bonds 102 J02U Sampler Valley 103 llWtf |