Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-11-25
BUSINESS NOTES.
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New York papers at hand state that
| the reason for the general advance in
| sugar IL found in the fact that when
| the big consignment OF beet sugar sent
| 10 New York from California reached
| the market, It's owners found such de-
pressed conditions existing, that II
would be Improbable for them to sell.
They accordingly stored the entire
shipment to wait for a more favorable
market Il is the belief that this turn
On the part OF the California beet sugar
people, indicates better relations be-
tween the warning interests. Indeed II
Is not unlikely that there will be a gen.
oral reconciliation between beet and
cane sugar parties. II this expectation
should materlalize. sugar dealers look
for another advance.
Adyices from Lehi state that the fac
tory there will close down about Christ
mas time, after making the biggest run
IN Its history, and that the total out
put will not be far from q, 900, 900 lbs.
The Clark Electric Power company OF
Tooele Is starting up the new local
plant, as the differences with Tooele
City as to the use of water for power
have been adjusted. A 100 horse power
electric generator has been Installed,
aud the city Of ToOele will be lighted
with electricity ana all the mines In
the vicinity will be supplied with light
and power.
Today's local bank clearings amout-.
ed to s6Gl.G22. Il as against {656, SS6. 95 for
The same day II 81 wear
Orders for the steel part Of the roof
ing Of the Catholic cathedral VIII be
sent east before Christmas, so that by
spring II win be on the ground ready
for use. The front approaches will be
built as soon as the caves line Is
reached with the walls The steeples
can be finished nj any time one nota-
bic feature Of the steeples will be the
eilded crosses lighted by electricity.
President Joseph r. Smith. together
with Apostles John Henry Smith, Reed
Smoot and the presidencies Of the Az
pine. Utah, Wasatch, Mt Nebo and Ju-
ab Stakes likewise members OF the
Brigham Young Academy board OF
education and faculty. met In the aca-
DENY building at Provo this morning.
and decided on the erection Of pre-
paratory building for the academy, the
same to cost in the neghborhood Of
SIS 600. II Is supposed the building viii
be erected on the southwest corner Of
the academy block. and will be similar
in appearance to the new gymnasium
building.
a special warranty deed was filed In
the county recorders office today in
which the Pr0vident Life and Trust
company Of Philadelphia transfers to
John oldham. for a consideration Of,
SIS 600 a part Of lot s, block 10, pat
A. The property Is on the west side
Of East Temple street between South
Temple and First South and is direct
~ south OF Cutler Bros. store
Mr.. Charles A. Richardson Of the
Graham Paper company Of ST. Louis is
about 10 leave salt Lake for San Fran.
cisco. after a residence here of eight
years. Eighteen years ago he entered
the service ri the Graham people, start.
ing In subordinate capacity. Soon.
however, il was apparent that he had
unusual business merit and his advance
from one position to another came as a
matter Of fact. His departure is oc-
casloned by severence of relations with |
the Graham company 70 engage In bust |
ness for himself. With his two broth. |
ers he has bought into the firm Of Bone |
steel Bros. who are the pioneers of |
the paper trade on the Pacific coast |
having commenced IN il In 1853 The |
new firm will be known as Bonesteel &
Richardson. Mr. RicharsOn IL one OF |
Me best trade getters that ever struck |
Utah and Utah newspapermen will re.
Hret TO have him leave. Their good
wishes. however, go with him.