| Show Local Loca Bond and ad Security Dealings n cent advances In la the e sugar ar market which has bas a. a brought the uil price of this thle product of local loal sugar ar companies to t 1090 an of At U cents cent a bar bag Within the tho last lut two da days dais will wi m mean mea an practically a half million milon more moro profit rott for th the a. Utah Idaho Idaho Uta-Idaho Sugar company than at first was ww anticipated ed tv even a after th the sharp d advances advance noe about abut ten da days dais a ago Co j I pany tC official m I to N the th the company Utah Idaho t produced Sugar Bujar d dc c company corn com this year bag bags of or sugar eUlar This Thu morning moraine It wa wu was stated that 66 55 per pe cent of that amount amount had already b been boen en sold sol This wilt will wi l leave v bags bar slut In stock which with the tb recent advance means mean mel an additional additional addi addi- t a Ot added rr by th the latest l advance which brought the price to to 1000 00 Within the last lul thirty days das sugar ugar has baa la advanced on th the th market marke about 1370 from the early M quotations t upon which h the sugar companies a were basing n their possible t l earn earn- logs Inn from this falls fall's factory output Considering Con Con- output Cn- Cn that the sugar uru company had 11 sole sold bal bags up to that time which Is I. a hUch figure the possible Increased earnings on the he remaining ln 1 bogs bag In the rising ln market over r the early ariy prices I would o be on every cent 10 advance This Thu healthy condition of tho the local loca sugar aucar companies and po possible good earnings over the th earlier erler forecasts Is I. considered In local financial circles circle as a. one of the best beat bet factor factors In the upward market of commodities that has ha been J felt ft In arL this section c WI WIe It moans means e and It Is I. X Amalgamated pointed f out that Sugar both t companies 0 the 4 Utah Idaho b- b which h suffered severe louses In 1920 1020 will vill wil be bo able this year to show b a high e earning In spite of r fo foe If og the fact that a production o u was about bal bags below that of last lut seasons season's factory run rn Indications are aro that tha lb the Morgan Morgan Canning company company's Issue of 7 per cent bonds bonda will willbe willbe wi be bo greatly greaty oversubscribed oversubscribed- according to to Major Major Ma Ma- la- la jor Alva Alva Lee manager of tho the bond department depart depart- ment moot of J. J A. A 0 Cp Applications for the tho bonds he states slates are coming In 1 faster faster fast fast- er than they can be handled S e S S The Tho higher discount rate In the Edit Elt In is having a depreciable effect on the low yield bonds bond according to Major Alva Lie Lee This Mi r factor In ih the money f Inclined to weaken them somewhat e Announcement of the new flew Issue of Western West West- em ern er Railroad 6 I per pe cent equipment trust certificates have been received by the Central 1 Trust company The certificates certificate are aro dated March h 1 1022 and n mature serially In instalments 1 0 of Q n a from r IW March 1 I. 1024 1924 1020 to lo March 1 1 1021 The Issue luu Is 10 for UGo 00 and IB is to lo purchase 00 worth of new equipment J |
