Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1893-02-25
GENERAL BUSINESS ITEMS,
Sugar Company Directors 10 Neet on
Monday.
THE LOCAL STOCK MARKET QUfEr.
Tho Crescent Delinquent Salc.-Land
Sale Contaminated Realty aud
Mining Notes.
'nB LOCAL STOCK MARKET Qumr.
rnr suaAR oo,rANY.

THE SUGAR COMPANY.
A special meeting OF the Utah Sugar
company directors has been o,lled by
Secretary whitney for Monday next.
Tue purpose Is to listen To the report Of
Manager II. II. Cutler on the outlook
for Colorado beets for the sugar factory
this season. Mr.. Cutter Is expected On
Monday morning from Denver, whittier
he has been to consult with parties 70.
gnrding the acreage Of sugar beets
which can be depended on from the
Centennial state, and TO make def.
ute arrangements with the rail.
roads for rates OF shipment to
L,hi. Tests Of the boels around Mont
ross and I'm other sections IA Colorado
show them to be- fully equal TO and
even above the average OF Utah beets
for sugar manufacture.
Today Secretary Whitney began the
issue OF sugar company stock, recently
auth0fiz d by the bonri Of directors, to
thuBc who have subscribed. a mum.
Dor OF original subscription receipts
wero brought In ami stock certificates
given therefor. The exchange OF the
remainder will be made as soon ~ the
holders report.
LOCAL sTocRs.
The local stock market Ia borne upon
heavily In the general depression, nnd
the past week there has been very little
movement.
A small block Of u. g. NJ. |. stock
changed hands during the w9ek, tho
price paid being 5l3J.
Ton shares u DISCREET National bank
stock were tfauhfcfrcd on the books ut
the bank.
A small block OF Homo Fire Iusur.
anoe stock changed owneTship, the
consideration boing .l02 yer rhArc.
IL. y. Sheets, Jf., negotiated sale Of
twenty shares Of state hauk stock at
slOI. Ho also quotes Commercial
National bank stock at Sis; Nam.
moth nt s2.lO. anu o small lot OF Des.
oret bank at $3.50.
INCREASING RATRa.
The banks now have general ton.
dcncy 10 advance rates OF Interest, anu
loans are not obtained on such easy
terms M was tho casa short time
since. Even on the best local secuTi.
ties ten or Twelve per cent Is nsked.
LAND PURCHAsE PERFECTED.
The final arrangements were com.
ple.ed this morning Tor the purchase
OF the business property ON fifst South
street, just west OF the Mccormick
block. The title to the tract OF land
having been examined aud found
clear, tho balance OF the sii, 900 was paid
over over toJay, anu AivssTs. Cutler,
Smith, White u Sons, nnd others who
formerly owned the ground relinquith.
ed their claim, when IL now vested In
the UtAh Tile and Insurance COM
pany for tho eastern purchasers.
THE CRESCENT DELINQUESCY.
For the first time ia its history the
stock VI the Crescent Mining company
at Park Clly goes begging hguTalive-
ly speaking. This II due ~ tue de.
pressed slate OF the silver market,
which was ono OF the causes leading 10
the assessment, last October, Of ten
cents per snare ON Crescent stock.
Now lB7, b6b shRfea arc advertised for
sale on March Bth. The list OF dolin.
quont stockholders includes a number
VI men prominent IN financial and
legal circles, who evidently prefer 10
let their stock 60 rather than pay the
assessment. The delinquencles vary
Ia amount from ~ to $1,000 anu en-.
brace list OF more than hundred
stockholders.
RAILWAY STOCKHOLDERS MEETING
The stockholders OF tue Grcat Salt
Lake and Hot Syringe railway arc to
meet on Tuesday afternoon, 10 say
WHISTLER or not they VIII ratiiy the
recent action OF the board OF direct IRA
In ordering an Issue OF bonds to tho
amount of IS, 100, 900, and in deciding
to extend tho line 10 Sandy and also
through westward to tho Deep Creek
county at the western boundary OF
the Territory.
THE sMELTER.
Nothing definite will be done In TO.
gard to the copper refinery until con-
sultatiOn can DO had with railway
oil tiAls and freight rates agruOd upon.
II was asserted inst Mir. MunrOe, Of the
Union Pacific, would como wust 10 nr-
range the matter with MIR. Green, bus
this was incorrect. For the Union
Paciti the business Ia IN the hands
Of MIR. Eccles, who has teen occIpi,d
at Boise, Idaho, for n little time, but is
expected In Salt Lake by Mlnusy. In
the meantime the refinery mon are
taking In sites aud sights, with view
to determining what course they will
follow.
AT LA PLATA.
There l. tail, q! general awakening
at La Plata, and resuming work ON
the mines there as soon ~ spring opens
sufficiently 10 operate with comfort
BADLY HURT.
At the Galena mine, Bingham, yea.