Salt Lake Tribune | 1908-10-11 | Page 30 | Transfer Office is Needed in Salt Lake

TRANSFER OFFICE IS HEEDED III SALT LAKE Knight Companies All Arc Centered Cen-tered at ProYo, "Which Is Inconvenient. The theft of a packago of registered mail at tho Rio Grande depot somo timo Friday evening or early Saturday morning has seriously interf erred with tho dealings in Tintic stocks on the Salt Lako stock and mining exchange. It was reported to tho exchange body Saturday Sat-urday morning that several blocks of Colorado, Iron Blossom, Sioux Consolidated, Consoli-dated, Black Jack and other stocks had been stolen, and thc brokers were warned to bo on tho lookout for the same. These stocks wero on tho wa3 to Provo to bo reissued as the Knight organizations or-ganizations have their headquarters in that town. It was a matter of common comment among tho brokers that the Knight companies are" making a mistake in not having a transfer office for their stocks in Salt Lake City. To get stocks transferred necessitates a delay in sending send-ing them to Provo, involving needless ospenso in addition to the delay. Mr. Knight led tho way in publishing each month tho financial condition, of his various organizations, j-et thc main centre cen-tre of his mining companies and tho smelting company is Provo. Tho need for a Salt Lake transfer office is a crying cry-ing ono. Coppor Gossip. .Tames A. Pollock & Co., bankers and brokers, 6 West Second South Street, furnish tho following, received over their privato wire yesterday afternoon: Boston Judgo Lowell, in the United States circuit court, gave a continued hearing this morning on the Calumet aud Osceola cases, tho mattor under consideration con-sideration being the particular tcrnis of injunction granted to tho Calumet and Ilecla late yesterday afternoon. Counsel Coun-sel for tho Calumet and Hecla submitted a draft of relief desired to tho court and counsel for the defonse. As the attorneys for A. S. Bigolow and G. Hyams had not previously been conferred con-ferred with in drafting tho terms of injunction, in-junction, twenty minutes of tho time of tho court wero consumed in considering tho document. Counsol for Bigolow and Hyams finally stated to the court that tho terms of injunction as presented by opposing counsol were satisfactory and thoy wero immediately granted by tho court, -who added that in granting the injunction ho did not want to cast any moral reflections on Mr. Bigelow. Tho question of amount of bond to bo filed by Bigelow and Hyams was loft for subsequont consideration at convenience of counsol. . Judgo Lowell, in granting tho injunction, stated that it was not to take effect until the clerk of tho court had received telegraphic advices from tho Michigan court that tho present injunction in-junction granted by Judge Knapp had been formally dismissed, which action is expected this afternoon. News Bureau, October 9. Boston News Bureau Tho senior partner of an important firm of Arizona coppor producers says: "Tho only factor fac-tor that militates against a quickening domestic market for tho motal is the present campaign. All producers anticipate antic-ipate eulargening demands from the homo market after tho election."