Salt Lake Tribune | 1914-10-03 | Page 17 | Local Securities

Local Securities The weekly letter of John C Cutler Jr is as o lows Bus ness cond t ons In the United States are becom ng more normal and the out look Is Improving from the unfavorab e effect produced by thd European war It I expected that eas er rates for money wl 1 soon pre al and that t ere 11 be a return to activity of most of the Indus tries of the country wit In the next three months In Utah bus ness cond t oris are fair Bu Id ng operations have shown an in crease so far during the 3 ear The m ning industry has been fairly active thus ho P ing to circJ ate ready cash Catt e lambs and tiheep are bringing good pr ces The three suga compan es are actl ely en gaged n producing sugar and soon the farmers w 1 receive about $4 000 000 in payment fo beets WI olesale and reta 1 n ercanti e houses report an increase in the vo ume of trade v, th the advent of seasonable fall weather The fo lyw ng tab e gives the last state ments of (s ate banks August 28 and national banks September 12) the fourteen c ty banks ehow ng the capi al su p us and undivided profits and the total re sources r to &- as a Con no al Net I 0 $ 63 268 34 i 2 6 0 6S 6 Desere Na 500 6 3.097 09 5 022 730 0 Beseret Sa 00 SO 952 53 2 893 lo7 90 Frm-6 & S kgrwrs 300 6 60o 9 670 600 63 ) Con t t 600 271 906 70 6 836 86 e cbanta bank 2 0 60 601 0 2 02S 960 2 Na Bnk of Rep 00 9 iS 88 4 638 61S 05 Na C ty Ban 2aO 60 96 120602 Na Lop Bank 600 8 0 o0 3 48 608 59 S Ij 8 & T Co 800 L.6 1 06 9 8-3 67 ttah Sav a. T UBt 300 100 706 08 564 124 89 Utah Eie M 600 90 336 20 5 248 3 5 0 lllttr BU 600 1 0 8 5 83 6 2 3 83 87 Z on B Sa B & T 500 809 3 50 7 63 2 94 " Tota t 0 45 9 0 79 85 -5 099 5 The statements of the Bame banks- s sued some s ti onths aro (s a e banks February 2S ard nat onal ban s March 4 19X4) gave tota lesources of 151 437 535 07 so t e decrease s nee t e Euro pean war commenced only anounts to t 40 435 32 , , It Is a pr vi egre and a pleasure to 1 ve in Utab t e Queen of the West where the pure breezes blow and tl e clear st eamlets flow for the cl mate is ideal and the educational fact t es axe eice lent n an en ne t degree and v.e have reason to be t ankful to Prov dence that velve in these a leys of the roounta ns fa f om t e fierce raging war scenes of Europe Tl ere is a more cheerful sent n ent p e ail ng a ong the people gen e a 1 in Ltd. off n? to t e sp end d na ests o f ru t and s ai The payments of se eral 1 undred t ousand dollars i d dends bv he d fferent nat! u ons of the a ale a o e pi s t ade co d t ons SECORITIE5' An a a ate 1 Sugar Co t J 00 Be efl a L fe Jnsuran e Co 217 50 II nes g Co lass e 04 00 Bank of A-merlca ror(c 200 00 I Ban of Heber C tv 0 00 Bank of Sout ern Uta Cedar 0 00 Co Tvaeon & Machne Co 85 00 Con L fe Ins fi. Inv Co 105 00 Continen a Nat ona bank 180 00 Deseret Nat onal bank 8 50 Deseret Sa lngs bank 1 10 00 Da is Co bank Farmlngton 2 9 00 Farmers fi. Stockgrowe s bank 93 50 F st Nat ona bank I ayton 150 00 F rst Nat onal bank Mo Kan 160 00 F rst Natlona bank Ogden 6 00 First Nationa bank Murray loO 00 F st Nat onal bank Logan 166 00 First Nat onal bank B ghan 2.0 00 Guard an Cj & Guaranty Co 5 ,Home Fire Insu ance Co '8 00 Nat ona C ty bank 118 00 Nat oni Copper bank 116 00 gfrrslvingsbank I U g$, 'o Garfle ,Plfch 1900 State Bank of M lard Co catelnk of Rc mond 10 00 Thatcher Bros Bank ng Co Tji?gWaho u?ar Co pfd Oo rita nate Nationa bank 16 00 t ft '.a inss &. Trust Co 10 00 ke Br Bankers 218 00 ?oa kse sa i gs Bank & Tr Co 4U 00 Z C M I " 00 BONDS Con R & Power Co (city) JO Wr.ty, 2 hi Dihiieo ns