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Show 1 LOCAL SECURITIES Business conditions In Utah are got-tlng got-tlng better evry day. according to tho weekly review Issued by John C. Cutler, fr. In this report he says: "Utah's great resources, combined with tho millions of horso power that could, he supplied by the various streams of tho state and ultillzcd for the running of coming factories and Industries, make the future outlook for our state vcrv encouraging. en-couraging. "Tho Utah County IJght and Power-company, Power-company, that furnishes electricity for the towns, of Lchl. American Fork and Pleasant Grove, has sold all Its treasury stock. Tho company Is doing well and paying S per cent per annum dividends, and has declared its quarterly dividend of 2 per cent, payable April 1. The stock Is now selling at $1.10 per share. "At the directors' meeting of tho L'Uh-Idaho L'Uh-Idaho Sugar company held Wednesday the board considered favorablv tho proposition propo-sition to retire tho $3,000,06o worth of common stock outstanding, on tho basis of Issuing ono share of preferred stock for each two and one-half shares of common stock. In other words, retiring common stock at $4 per share, payable In preferred stock at par of $10 per share. Since tha matter was given to the public pub-lic the stockholders generally are giving expression to their approval of the proposition. propo-sition. Last week common stock was quoted, at S3 per share and preferred at $S.02. Preferred Is quoted this week at $S.S0 cx-dlvldcnd, ns tho books closed March 24 for the dividend payable March 31. Common stock, in anticipation of favorable, fa-vorable, action by the stockholders, ail-' vanccd to $3.i0 per share. "Local securities have been fairly active ac-tive during the week, and qulto a number num-ber of the stocks on the list have been traded In. "Large sums of money will be distributed dis-tributed In quarterly dividend payments during the next few days, so that the money market will become easier after the llrst of April." . (Jiirrfnt miotntlonfi on local industrial and financial securities, based partly on recent sales and partly on the opinions of holders, follow: Amalgamated Sugar Co.. pfd $100.00 Amalgamated Sugar Co.. com 193.00 Barnes Banklns Co.. Kaysvllle 145.00 Con. Wagon & Machine Co 12S.00 Con. Life Ins. & Inv. Co 05.00 Continental National bank,...,... 140.00 Doscret National bank 300.00 Descret Savings bank 775.00 Davis County bank, Farmington.. 150.00 First National bank. Ogdcn 325.00 First National bank. Murray 140.00 First National bank, Logan 125.00 Home Fire Insurance Co 210.00 H. J. Grant & Co 130.00 Lcwlston Sugar Co 19.60 Merchants bank 110.00 National Bank of the Republic... .180.00 Nephl National bank 120.00 Ogden Savings bank .... , 280.00 Pingrec National bank. Ogdcn .... 235.00 Provo Com, & Savings bank.... 180,00 Rocky Mt. Bell Tel. Co GO. 00 Salt Lake Security & Trust Co... 147.00 State Bank of Utah 235.00 State Bank of Brlgham City 160.00 Sugar City Townsito Co 85.00 Thatcher Bros. Banking Co., Log. 155.00 Utah Banking Co.. Lchl and American Amer-ican Fork 113.00 Utah-Idaho Sugar Co.. pfd S.S0 Utah-Idaho Sugar Co.. com 3. 40 Utah County Light and Power Co. 1.10 Utah Nation bank 140.00 Utah 'Savings & ,Trust Co 112.50 Utah Imp,-Vehicle Co 99.00 Walker Bros., bankers 250.00 Western Loan and Savings Co 115 00 Zlon's Savings Bank & Trust Co.. GSOioO Z. C. M. 1 210.00 Z. C. Home Bldg. & R. E. Co., pfd. 1.00 Z. C. Homo Bldg. & R. E. Co.. com. 1.00 BONDS. C. R. & P. Co 08.00 Sumptcr Valley railroad 100.00 Utah Light & Railway Co S5.00 Utah County Light & Power Co... 100.00 The Utah Sugar Co 103.00 Add accrued interest. |