The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1885-03-15
mTAEcB AND MINING.
encouraging Showing by
al N 2. c. NJ. l.
- md BULLION RECEIPTS.
central Passes its Dividend
The Utan Affairs - Bank Re-
.0aIuts-Latest Mining News

.st has been somewhat brighter
Ins ,o circles than for some time pre-
in trAuo wing mainly to the opening up
Tious, ; O and the continuance of fine
Of 'p, a- A number of buildings are in
Tea'D'-' and others are talked of, but
Progl'55I9'. trv is insignificant compared
tbs ' .So boom with which the springs
WIZ .,.a and '84 were inaugurated.
o. lily encouraging showing, how
and one that in the face of the
s,o,, depression can be viewed as
I plg,T Loss than remarkable, is the report
Little lI ~ Zlon's Cooperative Mercantile
mace sa v m Areporter of THE HERALD
ln ',.i " the office OF this institution
esLel low nv and held brief conversation
ye .t General II. S. Eldredge, the super
WIZ .J JSris and Mr.. I. g. Weber, the
inlsH tnrv upon business matters,
ssc5e. s,a ; surprised to learn from these
anu .1 No that the footings of sales
gentIVfi aT in 1885 compared more than
! !nlIuora hi, with those OF the same period
IN 1894 we CIil Ad4u's tANSNeA.1' ~ II
linnrselyes, =" said the secretary, but the
t Sai' Temains as you will see from these
i sH'- -s' . and ne showed the reporter
~. lists OF figures III which the daily
lo ,I6s If both Years were tabulated sideby
s " ,tbattbe twelve days sales inMarch
. .Is rs sllr run several thousand dollars
IN. I'D If those for the same twelve days
tns sSS1. FEBRUARY shows only slight
variation. -
t,iion closed yesterday; Mr.. Weber
s,stes that but very little stock has
.banged hands recently, most holders
SsinS satisfied with the 10 per cent.
which it pays; the reserve of the Insti-
ANTON now amounts to $751; 900, 1713 per
cert of the capitalization. The 1nstitu-
lion has recently sent five or six car
Ioads OF dried fruit to the east, where
market has been opened. The meeting
Of the directors occurs on April 9th
Nothing has as yet been announced of
tbe semi-annual dividend, but judging
from the tone Of the officials remarks
Yesterday, we feel that we do not hazard
much in surmising that the usual per
cent. will be paid TO stockholders.
From Superintendent Sharp, yester-
day. a representative of THB HERALD
learned that the quarterly dividend of
he Utah Central will not be declared
on April 1st, The reason for its being
passed, as most people at all acquainted
with the affairs OF the road will surmise,
is the cessation of Horn Silver ship
ments, which, as we have before men
toned, deprives the railroad of the great
bulk of its revenue from the southern
end I'VE we've hauling for the Horn
Silver" said the Bishop, $50 tons
day, and We have been
fbut off from that ever since February
18th, 1885. do not suppose that they
viii resume shipping for another
month, tleast." Mr.. Cope mentioned,
the other day, that Conference usually
meant an income of from 5000 to $1O,-
900 extra to the Central, and there is no
doubt but that the prospect of this
amounts being vastly diminished this
year, had something to do with the
determination TO pass the dividend.
There has been little or no movement
IN local securities; at the Deseret Ma
aOnal Mr.. Hills stated that block of
Horn Silver had been sold at $2.75, the
highest figure recently touched, and
That he had orders for the stock at n
certain limit, though nowhere near
present figures.