Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-02-08
Salt Lake Bank Clearinss.
BUSINESS NOTES.

The force Of workmen on the new
Deseret News building is rushing ey-
erything for the completion Of the three
upper stories for the Oregon short Line
by March lst The elevators win be
running by Feb. 20. The motive power
is to be electricity and the manufactur-
ers guarantee states thar the main ele-
vator in the east part OF the building
will run from the basement to the
sixth story in 20 seconds.
The last Of the plasterng in the three
upper stories is now being completed
and one Of the floors has almost entire.
ly received its coating of hard finish.
While everything on the three floors
win not be completed, the arrangements
will have progressed far enough TO EN-
able the Short Line people TO COM
mence moving their furniture on the
closing days OF the present month
Work on the other stories will then be
pushed, the large store on the ground
floor being finished first, for the recep-
ton OF the News" book and stationary
departments Immediately after the
April conference The News" business
office and mechanical plants VIII not
be moved until the Annex Is completed
which will be early in the summer.
The situation In local commercial cir
Giles during the week seems to be that
money remains I'm active demand and
that rates Of interest are continuing to
advance. Some very large loans for
merly made on G per cent basis are
known TO nave been renewed at per
cent. The indications, however, are
said among those hest Informed TO be
that there will be material easing up
Of the money market within the next
thirty days
Local commercial stocks have been in
good demand the main transactions
having been made In Utah Sugar. at
Sl6l5 to Si6,25 Closing transactions
this morning were on q basis Of Sl6i5
The price OF granulated sugar remains
steady with a good demand In Utah,
Idaho and Montana. Coop Wagon
stock has sold at from Sl5S to SIS per
share. The old certificates viii be
called for and new common and pre-.
ferred issued In their place in the near
future.
The Deseret National bank paid It's
regular quarterly dividend OF 3 per cent
during the week and the stock stands at
$500 after the payment.
The latest quotations are as follows.
Deseret National .26O. 90
Y, G, NJ. /. ACKNOWLEDGEMENTS, 90
Home Fire Insurance Co. ,,,nui29 90
Utah Sugar Co.. ISSUED ....,.. 1915
ogden Sugar Co, .......n...,...,200 90
State Bank Of Utah ........,..,.,1i0. 90
Deseret Savings bank ..........19j.0 90
Coop Wagon Il Machine Co.., 1853 90
Commercial National bank ..100, 90
lions Savings Bank 4 Trust Co. 1870 90
Provo Commercial & Saw. bank. 100 90
Lehl Com. q Savings bank ,,..10O 90
Thatcher Bros, B'k'g Co Logan, III 90
First National bank. Ogden 5000. 1903 %
Rocky Mtn Bell Tel. Co. 0ssued)l0O Ca
Davis County bank, Pennington. 100 %
Barnes Banking Co. kaysyille 22O 90
ogden Savings bank ...,.,......lls.O %
In Grende Sugar Co. ....",.... 100 90
| church bonds ...s,..,..-,. ,..... 1903. 90
Consolidated Railway and Power
Co., bonds, go 100. %
Salt Lake City Railroad bonds
(can be taken up in 1909. go. 1902 %
Sumpter Valley -....,.,.,.,,,...iO2. %
Building Inspector Timer issued per-
mlts during the week ending February
s as follows: Halleran & Brisacher. le
east Third South. brick business block,