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Show Local Securities Following is the weekly financial letter let-ter of John C. Cutler, Jr.. &: Co.: There Is a steady Improvement in the demand for fall and winter merchandise merchan-dise throughout tho United States and trade In all kinds of commodities Is Increasing. In-creasing. Conservatism Is still evident, though, in many lines of business. The firmer tendency for funds abroad: the close approach of the new tariff bill becoming be-coming a law; the Increase of over $42,000,000 in the total amount of failures for tho first nine months of this year: the low prices of some of the government bonds, and the decrease in earnings of some of the railroads, exert, almost without with-out exception, a decidedly unfavorable sentiment In the business world. In Utah business conditions are as good, if not better, than in most sections sec-tions of the country. During the week trade In Salt Lake City has been brisk on account of tho thousands of people who have come to see the annual state fair and attend the semi-annual conference con-ference of the Church of Jesus Christ of Latter-day Saints. Local merchnnts report a satisfactory volume of business, while jobbers state that early fall conditions con-ditions appear to Indicate improvement, and there Is moro confidence evidenced In the business circles of this state and of Idaho on account of the splendid harvests. har-vests. With bountiful harvests In this great inter mountain region and fnir prices for farm products prevailing, fall and winter trade should show decided Improvement, As the crops arc marketed there is more money being put into circulation cir-culation and trade Is being stimulated in nearly all lines. The banks report an active demand for money and collections are getting better. Operations have now commenced at several of the sugar factories and It is expected that the production of sugar will be large. Prices of sugar aro now lower. Tho Implement and wagon companies report a very fair year of business, with expectations of Improved collections, Local securities have been rather quiet during the week. Dividends have now been paid by a number of the Institutions. Institu-tions. SECURITIES. Amalgamated Sugar Co., pfd $ 100.00 Beneficial Life Ins. Co 220.00 Barnes Banking Co.. Kaysville... 205.00 Bank of American Fork ISO. 00 Bank of Ileber City 20.00 Bank of Southern Utah. Cedar... 17.50 Con. Wagon &. Machine Co 90.50 Con. Life Ins. & Inv. Co 120.00 Continental National bank.. 170.00 Dcseret National bank 332.00 Deserot Savings bank 1,175.00 Davis County bank, Farmington:. 260.00 Farmers & Stockgrowers bank... 108.00 (First National bank, Layton IS0 First National bank, Morgan-... flJI"13 First National bank, Ogden. .... JBffi First National bank, Murray First National bank, Logan 9S i?01 First National bank, Brlgham.... Guardian Cy. & Guaranty Co... imP21 T Home Fire Insurance Co lavf Heber J. Grant & Co Kamas State bank sM McCornlck & Co., bankers 43 Merchants bank National Bank of the Republic. National City bank jjm1""' National Copper bank fBII"" Nephl National bank SBtBlrr Ogden Savings bank !.... Provo Com. & Savings bank.... Salt Lake Security & Trust Co.. ,3 State Bank of Brigham City... State Bank of Garfield, Panguitch -fail ... Siate Bank of Millard county, Fillmore State Bank of Richmond -smi.... Thatcher Bros. Banking Co., MY"" Logan i i Utah-Idaho Sugar Co.. pfd ; WZS"; Utah State National bank m& Utah Savings fc Trust Co M ,' Walker Bros. Bankers .M .. Zlon's Savings Bank & Tr. Co...Bi. BONDS. mITJ."' Con. Ry. t Power Co, (City) ...J-..-Sumpter Valley Railroad . . .... ... Utah Light & Ry. Co. (Clty)....,--. Utah Light & Power Co 3 Utah Light & Power Co , The Utah Sugar Co "MC." Utah Hotel Co |