Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-03-15

Consolidated R'y & Power Co... 10l
Sumpter valley ,..,n,,,...,,,," lVEFa
The annual meetingof the stockhold-
ers Of the Home Fire Insurance com
pany was held at the Office Of the COM
pRny at o'clock yesterday afternoon,
about 900 shares OF stock being repre-
sented out of the total $500 In the
absence Of the president Heber j.
Grant, Vice President George Romney
presided and his annual report for the
year 1901 was presented, II made a
very gratifying showing, the Increase
I'm assets and undivided profits being
quite marked The company has no In
debtedness whatever aside nom It's
capital stock and It's reinsurance re-
serve or un-earned premium fund,
while It's assets are all listed far be-
low their market value, The election
OF officers for the ensuing year resulted
In unanimous vote for the following;
Directors III. j. Grant, George Romney,
John II. Barnes, Elias A. Smith, Henry
Dinwoodey, Joseph f. Smith John g,
Cutler John Henry Smith T, @, Web
Der, Charles S, Burton, David Ecces
p T Farnsworth, Francis NJ Lyman
II, O. Whitney, secretary, and l.. B.
Hills, treasurer.
The regular monthly meeting OF the
board OF directors OF the Utah Sugar
company was not held as usual today
as Manager Cutler Is expected back
from the east on Monday and the meet
ing went over TIL his arrival. He spent
yesterday In Denver meeting with his
fellow directors of the Greeley Sugar
company Of which he Is president.
The end OF March and the beginning
OF April are the heavy disbursIng peri
DDS sor most Of the Utah institutions
which pay regular dividends, The
Utah Sugar company will pay It's quar-
terly dividend OF 3 per cent on the 3lst,
and the other institutions disburse In
April as follows. The Home Fire pays
9 per cent; zion's Savings bank, 2 per
cent; State Bank 2 per cent; Deseret
Savings bank per cent; Provo Com
merclal & Savings bank, ~ per cent;
Lehi Commercial e Savings bank, w
per cent Thatcher Bros Banking Co.,
Logan, per cent; First National Bank
Of Ogden, per cent; Rocky Mountain
Bell Telephone Co., ~ per cent, and q.
c. NJ. I. pays its usual seml-annual
dividend OF per cent,
Boise Is to have a gas plant, and a
company has been organized with $780,
900 capital, and b. Y, Olden president,
The new company ls receiving public
congratulations.
The Ireland ranch near Evanston, has
become a part Of the Chambers estate
| In recent deal by which ]. N. whitney
who was formerly a partner of Mr..
Chambers in land matters in Wyoming,
has disposed OF his share OF the prop
erty TO the estate. The two owned to-
gether about 10000 acres. Part Of the
| land Is under cultivation. and there are
about $500 head OF blooded stock on
| the remainder.
Henry Bews has decided 10 Elizabeth
A. NJ Donohue, a house and 50xl65 feet
on Third South near First West for
$780,
Harrison A. Hull has sold TO Emma
c. Heikes for $4,000 a house and 4lxs2
feet at Third and X streets
Bankers say the week has been very
| quiet and they are looking for more
settled weather before enllvened cOndI-
| tons return.
Work viii begin as soon as possible
raising the Harmon building two stor-
| les additional TO the present three stor-
les. Then a fve-story addition for GO
feet IN the rear will be built, giving
the building l06 rooms more than at
present, The present structure was
built with a view to future extension,
and the cost OF the improvement will
be $4,000. The owner Of the property
is Frank Wilson. and the plans for the
enlargement are being prepared by Ar
chltect Neuhausen,
The Saturday News next week viii
contain an illustrated article descrip-
tive Of the mines Of the Sterling Coal
and Coke company. Of which Colonel
Theodore Bruback is the president and
| owner,
The coal from this company's mines
| has but recently been placed upon the
market OF Utah and Is pronounced by
experts to be one Of the finest. cleanes;
| Goals mined In the west.
The property has long been under
development and has now reached the
successful shipping stage.
|
Salt Lake City stands 25th this week
| IN the list Of cities In Bradstreet's tab
uation OF bank clearings, the figures
given being A,l3O,669. an Increase Of
i6.6 per cent over the corresponding
week OF last year Salt Lake stands
ahead OF such cities as Los Angeles.
Albany, N, v. Fort Worth Memphis.
Seattle, Washington. Hartford, Port
land, Atlanta and such cities.
Bank clearings throughout the United
States and Canada for the week end
ing Friday March IA, 1902. were.
Salt Lake City .....A130.ees 400
outside New York 7s5. sS2,1ss 1876 go.
Totals, U. s. ....t2.l2l 1904 80. o.5