Show BRITISH GAPIT CAPITAL At AFTER OUR liNES NES Unprecedented Movement of Wealthy Englishmen In InThis InThis InThis This Direction STOCKS DUE TO CLIMB Will Wi Reach High Point of February by October Say Easterners W. W W W. Bellows Belows of or the Utah Utai Bingham fling fling- ham Mining company who has just returned to tho the ct city after an extended visit in the East says sas that the most conservative and wisest wise of ot New York brokers brokerS are arc firm In tho the belief that the upward trend of tho the market du duo due as asit s sit it is to large dividend disbursements and better beter financial conditions generally gen gen- orally will wi continue indefinitely One of the best Informed m mn n n on the tho tho street a close personal p ronal friend said to me inc just before I I. I left Jef that the the top prices for stocks reached last Jast February February Feb Feb- mary would undoubtedly bo be JQ reached a again aln the coming September or Oc Oc- Oc- Oc tober tobel Everything points point In that di direction dl- dl ho he said Mid Tho The crop question ha haIn having In been settled and national finances being on 01 a better beter ba basis ls the large Jarge disbursement of ot dividends dl would woul result In the renewed seeking for Investments which could have but lut one result resul The flie only question queston agitating the minds s of eastern brokers at this time he lie said was vms whether the major portion portion porton por por- tion ton of ot the tho large Jarge amount or of money being turned loo loose looe e for Wr Investment would he be placed In the Industrials as of old or whether it i would go o Into mines and other western Investments One of or the principal causes of the late slump In stocks w was ot of course the tho tholar lar large C sums of money demanded b by the railroads for Improvements The logical logical log Jog ical lel result of the tho making of improvements improvements improvements improve improve- ments of business expansion Is greater great eat er cr earning power ower for tor the railroads timidity of stock buy buyers but whether thet ur- ur ers cr will wi be mo to lead head them to b boost ost those particular ks to their old position on the ther b J T r ners West My own observation lea leads s mo me to toJ tob b J believe lieve leve that thal a a- a largely increased amount of eastern money Is coming west est I was was particularly impressed upon this trip by b the number of foreigners for for- eigners coming west vest to find Invest invest- ments Not less loss than three EJ Englishmen English men flen el representing as many syndicates of British capital were on the train upon Ion which I came home while while- another another another an an- other whom I met In Now York In Informed informed In- In formed me that he was In the market market market mar mar- ket for three large Jarge propositions lons One of or those these thee was a 0 body of or OOOO acres of or Utah land upon which water could be carried for Irrigation irrigation almost almost almost regardless re- re rc- rc anle s of or the expense Involved Involved and and the two o others hers were a developed copper copper copper cop cop- per mine and a devel ps pd gol gold mine These are arc only a few o of the Instances of or English capital seeking western In Investments investments In- In ve vestments tm which came to my notice and It looks as though h th tile the movement hail had only fairly begun begun- n Reason ason for or orthis this Is found In tHo 1 fact that the tho best bestEn En English Investments and rails will rails wi ris-wi will net not better Leter than 3 per pcr percent percent cent and and- the Tro Is la fur for reduction Lion tion ton of or even this meager return Is Shipping In regard to affairs of or the Utah- Utah company Mr Ma lr Bellows Belows expressed ex ex- pressed presed himself as a well cl pleased The company has ha recently hc begun legun nn making tal regular shipments from froni its Is property In Bingham after a years work ers worl which accomplished upward of three of a mile mie of development dc It I Is Isnow Isnow now flow Installing m machinery calling for 1 horsepower 5 Including compressor and electric hoist holst and Is erecting five vo vole I le new flew buildings In other words the property Is rapidly advancing ad to the the higher class clas of BIngham producers |