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Show The MarKet and the Miners Small transactions in sugar stocks this week relieved the industrial stock market from absolute abso-lute dullness. Optimistic brokers maintain, and with good logic, that the quiescence is largely due to the high esteem in which this class of stocks is held. .There would be plenty of buyers at current cur-rent rates if the owners were willing to sell, but the high favor in which the securities stand as permanent investments keeps them out of the market. Among the sales noted are Idaho Sugar at $10.50 a share, Utah Sugar preferred at $9.90 $10, Lewiston Sugar at $12.85(5)12.95. Anticipation Anticipa-tion of an extra dividend explains an advance in Con. Wagon, preferred and common. One interesting inter-esting feature of the week has been the payment of its first dividend by the Utah Independent Telephone company; The amount disbursed was 1 per cent. The Rocky Mountain Bell declared its quarterly dividend of y2 per cent, and the Idaho Sugar company will pay an equal percentage per-centage Feb. 1. Following are the quotations at the close of business on Wednesday, as furnished by John C. Cutler, Jr.: Bid. AskedT Amalgamated Sugar Co., pfd $ 99 00 $100 00 Amalgamated Sugar Co., com... 181 00 183 00 Beneficial Life Insurance Co 99 00 100 00 Barnes Banking Co., Kaysville... 125 00 130 00 Con. Wagon & Machine Co., pfd. 110 00 112 00 Con. Wagon & Machine Co. com. 101 00 106 00 Commercial National Bank 114 00 118 00 Deseret National Bank 290 00 292 00 Deseret Savings Bank 425 00 430 00 Davis County Bank, Farmington. 115 00 120 00 First National Bank, Ogden 285 00 290 00 First National Bank, Murray 115 00 120 00 Home Fire Insurance Co 170 00 172 00 Lewiston Sugar Co 12 75 13 00 Lehi Com. & Savings Bank 118 00 120 00 National Bank of the Republic... 135 00 140 00 Ogden Savings Bank 197 00 200 00 Provo Com. & Savings Bank.... 135 00 133 00 Rocky Mt. Bell Tel. Co 92 00 94 00 State Bank of Utah 200 00-202 00 Sanpete & Sevier Sugar Co 9 75 10 00 Sugar City Townsite Co 170 00 172 00 The Utah Sugar Co., pfd 9 95 10 00 The Utah Sugar Co., com 2 75 2 80 The Idaho Sugar Co 10 30 10 45 Thatcher Bros. Banking Co, Log. 127 00 129 00 Utah National Bank 158 00 160 00 Western Idaho Sugar Co 10 00 10 05 Zion's Savings Bank.& Trust Co. 194 00 196 00 Z. C. M. 1 178 00 179 00 Western Idaho Sugar Co., opt... 10 20 10 25 Sanpete & Sevier Sugar Co., opts. 10 10 10 20 BONDS. Church 101 I m Salt Lake City Railroad 101 101$ Salt Lake City Railroad 2d mtg. . 101 1014 Suinptcr Valley Railroad 102 103 Utah County Light & Power Co. 102 103 j . 1 1 MINING EXCHANGE. Featureless as the mining stock market has been during the past week, it reflects a condition of things that is creditable to the mines of the state and satisfactory to all legitimate mining interests. in-terests. Prices have shown no great fluctuations and the amount of business transacted betokens a healthy interest in the great industry. The shares sold during the week ending Wednesday afternoon numbered 176,077. Their value was $125,331.99. Ore and bullion settlements amounted to $497,050. In analyzing the progress of individual shares, it becomes apparent that the longs and the shorts made an even break. Five of the leading shares show a slight gain, while an equal number close the week at a lower price than they entered it. The ten leading snares made a net gain of 64 cents in value. The fortunate for-tunate five are Little Bell, from $4.66 to $4.84; May Day from 27& to 145 Eagle & Blue Bell from $2.10 to $2.12; Beck Tunnel from 49 to 54, and Daly Judge from $8.05 to $8.45. The losers were Star Con., which dropped from 14 to 136; Carisa from 23J4 to 23; Lower Mammoth from 40 to 39; New York from 174 to 16, and Uncle Sam from 36 to 35. BINGHAM. Manager McVichie of the Bingham Con. is authority for the statement that the Commercial property alone earned $9,000 net for the company com-pany last month. Negotiations between the Guggenheims and the Boston Con. for the merging merg-ing of their Bingham properties have been temporarily tem-porarily suspended at the request of President Newhouse. The first ten-day run of the Boston Con. testing mill was finished last week and a second sec-ond run was begun on Monday. Results have been eminently satisfactory. A Boston banking house has been given an option on a large block of Utah Apex stock at $10 a share. It expires on Feb. 1 and will probably be taken up before that time. The 50,000 shares recently offered at $7.50 have been disposed of to some interest whose identity is unknown. A meeting of stockholders of the Silver Shield will be held in February to consider a proposition to consolidate with the United Bingham, which owns ground adjoining the Shield. The new company is to be called the United Bingham Consolidated Mining company and capitalized at $2,500,000. Intimations are heard that the Bingham Con. is to be incorporated incorpora-ted in the holdings of the American Consolidated Copper Co., a $150,000,000 corporation recently chartered in Maine. The Davis and Daly estate mines in Montana, the Montana Coal & Coke Co. and the Balaklala group in California will also be taken over. The Yampa mine produced more than a half million pounds of copper a month during the past year. Silver Shield is now en- B gaged in developing an ore body found in the H lime stratum above the long tunnel level. It is B growing in dimensions with every shot. fl PARK CITY. B Negotiations are said to be on in San Fran- B cisco for the consolidation of the Ontario and fl Daly mines with the Daly-West, but no definite fl statements have ben given out. The Daly Judge fl mill is now working nineteen hours a day and fl turning out 40 tons of concentrates from ISO to fl 190 tons of ore. The shipments of ore and con- fk centrates last week amounted to 970,000 pounds. m A meeting of Wabash stockholders has been called to pass upon a proposal to increase the jfl number of shares from 300,000 to 400,000, in- fl crease the par value to $5 a share and make 150,- fl 000 shares non-assessable. The new issue will fl be sold in the east to provide money for de- fl yelopment and the acquisition of more property. 1 Silver King Con. shaft has reached another - j fissure which drains the shaft and affords indica- ') tions of a near-by ore body. The heavy atmos- p phere of the past week has made the air in the l; Ontario drain tunnel so foul that it was found f necessary to stop work. The Little Bell vein J contains two strata of ore each from 6 to 8 feet H thick, and a drift 80 feet long has riot reached the 1 end of the shoot. Last week's shipments j amounted to 1,831 tons. The Silver King sent i ' out 747, Daly-West 515, Daly-Judge 585, Kearna- , Keith 76 and Jupiter 8. i TINTIC. The Scranton at Del Monte will begin shipping ship-ping a car a day as soon as a trestle can be completed com-pleted to carry the ore to the wagons. A six-mile ! haul to the railroad will be necessary. Work has j begun on the American property adjoining the 1 Beck tunnel. Two shifts are cross-cutting from the 1 tunnel. Two shifts are cross-cutting from the tunnel level in the McKinley, and ore is expected in a few days. The May Day has two cars of J ore from its leases and one car from the company 1 workings on the 300 level, which are being held I up by bad roads. The lot from the 300 was slowly j accumulated from small stringers, and all reports re-ports of a strike are denied. Of the 166, cars 'H shipped last week, the Centennial is credited ( with 51, Dragon Iron with 18, Gemini with 17, J Victoria with 11 and Grand Central with 10. The annual meeting of the Yankee Con. disclosed dis-closed the fact the company has shipped during ' the year $89,798 worth of ore, paid one $25,000 -;H dividend, expended $20,000 in development work, and has $68,322 in the treasury. Reports show that there is more ore in sight than at any time in the history of the property. I 1 |