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Show UTAH SECURITIES RETIRING ITS NOTES Advices from the caBt say the 6 per cent short notes of tho Utah Securities corporation are being retired. Tho notes will' be taken up by the securities company com-pany to the extent of tho ?G,000,000 available avail-able Tho notes, of which there ore now outstanding 521,917.500 out of an authorized author-ized lflsuo of $30,000,000, wero issued in connection with tho purchasn of tho properties now operated by the Utah Power & Light company and the Western West-ern Colorado Power company for construction con-struction of additional power and. transmission facilities. Of the $22,000,-000 $22,000,-000 of notes about $16,000,000 represent expenditures for operating properties, a part of which have been In control of tho company for but a short time, nnd about 56,000,000 were issued In connection con-nection with construction work not yet revenue producing. Tho $6,000,000 now availnblo for the retirement re-tirement of theso notes Is a part of tho proceeds from the salo of $10,000,000 Utah Power & Light company first mortgage 5 per cont bonds. Oro Shipments. The Utah Oro Sampling company released re-leased yestorday six carloads of oro from Utah mines. Metal Market. Metal prices posted in yesterday's Salt Lake markets were as follows: Silver, 5SS cents: lead, ?3.S0; copper, 514.17S. |