Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-12-03
BUSINESS NOTES.

Herman Brlsacher began work this
morning tearing out the porches Of the
old time lodging. house on Third South
street near the Methodist church, pre-
paratory to erecting the three-story
$4,000 brick and stone structure he IL TO
erect on the lot fronting the street in
front Of the old frame and stan struc-
ture. The latter was built back In the
$, and was long ago occupied by Mrs.
Grecnwald as a hotel before she went
to the 81 James. II Is to be used as
rear apartments In connection with the
new building In front.
80
A prominent broker In Utah mercan-
tile stocks and bonds stated today that
there Is good demand for local secur-
ities. Church bonds are holding very
strong at 1906 and y. c. NJ. l. has been
traded In at $3.50 this week The sugar
stocks are on the advance. due TO the
unexpected big raise in the prices OF
the manufactured cane and beet prod
ucts. Utah sugar stock has advanced
since Saturday from sl4 40 to $l4 So bid,
and there appears 10 be little OF the
stock on the market, tits being held
tightly
|
Today's clearings amounted to $727,-
ST, as compared with $500, 4l3. 36 Tor
the corresponding day Of last year. The
Indications OF colder weather coming
soon Is stimulating trade In winter APP
parel, and local merchants are doing
o good business. Several Of the banks
have made heavy loans this week to
cattle and sheep men who are prepar-
ing TO winter large herds and flocks,
The Judge Memorial Home for Min
ers will be erected In this city within
the year and plans will be drawn and
sumbitted some time during the COM
ing two or three months. The cost II
Is estimated Will he Sl25,000 but Mrs.
Judge has placed no definite limit to
her munlncent gift. 1t 10 said by one
we'll acquainted with Mrs. Judge that
she made the statement that the
building should be large, handsome and
ealtty and furnished comfortably and
properly SO far as is known II will
be the only home In the country erected
exclusively for mNers, and II Will ill
j long felt need.
The Telluride Power company Is
pushing the work Of construction az
the wire-llnes from Logan to Bingham
and Provo, with energy, A constrpc-
ton gang OF thirty men reached Four
tenth South street, west Of the Jor-
dan river, last night, and Is putting
up two rows Of poles at the rate Of two
or three miles per day. Within one
and half miles Of Bingham Junction
the lines will diverge, one to Provo and
the other to Bingham. The work Will
be finished this winter,
The Sears Utah Salt company will, as
soon as possible, erect a new salt mill
and refinery at Pennington, The ma
chlnery will be ordered at once and
year. The company intends to manu-
facture all grades OF salt, including the
finest table variety.
u. +. Saunders and others have.
during the past fortnight purchased a
large number of sheep In Wayne coun-
| ty. They will be wintered on the San
Rafael desert, which is In better con-
dtion than usual this year. There IL
an impression among cattle and sheep
men, that not only will this winter be
an easy one, but that prices next year
| for livestock and wool will be consider.
] ably better than they were this year.
| As a consequence, whatever sales take
place now are made at good figures.
|
The Deseret National bank this morn
ing declared a special Christmas diyi-
dend OF per cent on the capital stock
or $4,000.
| -.
| The Worm Turns. Publisher testify
--"I can't see anything In that manu-
| acrInt OF YOURS" STRUGGLING Aufhor