Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-03-06
BUSINESS NOTES.

| "N~~N~NNN~NN>rNv NT~STNNNNNNNN~N
The busiest mace In the city today
was the Office of the secretary aud
treasurer OF the Utah Sugar company
In the Deseret News building. All the
stockholders Of the Sugar company re-
| siding In the city poured into the Office
| IN a steady stream an day 10 receive
checks for their proportion Of the biz
sugar deal force Of clerks was kept
at work all night, and not till o'clock
this morning had they finished the task
| OF making out the necessary checks,
receipts and stock certificates. All out
OF town stockholders viii be sent their
proportions today
An Associated Press dispatch to the
News states that Mr. r. Il. Cutler
was interviewed IN New York yester-
day regarding the sugar stock deal, He
stated that the stock purchased would
stand In his name, that he had raised
the funds for the purchase, whether or
not any one was associated with him
was not given out,
The sugar deal caused a considerable
jump In bank clearings today, though
most OF the checks did not pass through
the banks TIL noon, so that the big
Increase viii be noticeable tomorrow or
next day The total clearlngs were
Sb2l 22S.8l az against 1859 O36g9 for the
same day last year. The expected adj
vance IN the price Of local stocks also
took place and there were some very
decided leaps In the fayorlte securities
u. G, NJ l. sold at sl5l per share, the
last quotation being sl45 Deserot
Savings advanced TO 10000 and brok.
ers say that $40 for Deseret National
fli6 for State bank, and Sl33 for Home
Fire would not cause any one to part
with those stocks. A heavy section
of the Sugar stockholders who obtained
checks today immediately turned
around and bought stock again, one
block OF $50 shares being purchased by
Mr.. Soren Hanson, the well known
merchant of Hyrum who has long
been one Of the largest stockholders In
the Sugar company. The price started
In at $1,000 this morning, advanced TO
sl6.lt and $40 IL, and the latest tran
sactlon was $685. The regular dlvi-
dend Of 80 cents per share is payable on
the Slst
Rowland Hall is TO have a $4,000
school building Of brick and stone
three stories ard a basement high, and
equipped with all the modern conven-
fences, II win be located at the corner
OF First and A streets, and on its COM
pletlon. the school buildings at the rear
will be used entirely for dormitory pur-
poses, The bishop has $4,000 already In
hand from an eastern friend Of the
school, and he expects to raise the re-
mainder through subscriptions. The
structure win be OF the conventional
school type. with the basement floor
devoted to the heating and usual cellar
plant and . laboratory and cloak
rooms. the first story win be given
mostly to the large assembly room, the
second story to classrooms, and the
third story TO the music conservatory.
The interior walls will be of fancy col
ored brick with metallic ceilings The
bishop hopes to begin work In two
months.
Dr. Henry LaMotte has bought from
H. d. Miller, the residence property he
has occupied at Second South and
Thirteenth East streets for $1,000
A. Fisher will build a society and
lodge hall on state street between Third
and For IN South streets to cost about
$40 900. and to be occupied by the Ger
man Harmonic society The building
viii be 3SxliO feet, and two stories high.
Architects say that the prevailing
color In the east for building brick Is
OF light huff shade, also, white mar
l. Ia. DO A., n
great call east for the yellowlsh drab
Ohio sandstone, but the cost OF trans
portation 20 this country prevents It's
here. ~
The contract was let yesterday after
noon to Holt 4 Son for excavating the
site for the new apartment houses OF
Mrs Emery Holmes at Canyon road
and First streets, at 40 cents per cubic
yard and the contractors began work
this morning. There are $500 yards of
earth to be moved.
Judge Hall has granted second pc
ttion Of Mrs Susanna y. Emery |
Holmes, guardian of the estate Of |
Louisa Grace Emery, minor for Inn
upon property belonging 10 |
!
an apartment house on the lot on The |
corner Of State and Brigham streets, |
the estimated cost TO be $4,000. This |
amount with the $50 ESQ TO be- spent on |
the improvements on the lot on First |
and state streets makes the total OF !
$40 000 10 be expended by the estate, |
The petition recites that the estate Is
now valued at 81 500 600. and that the
income Is $4,000.
A copy of the articles Of incOrpora-
ton OF the Stein Mercantile company
Df ogden have been filed with Secretary
lf State Hammond. The company
Is incorporated for $4,000 which Is d.
yided into 800 shares Of the par value
II one dollar each. X. Stein Is presi-
Dent and manager Mrs Johanna Stein,
vice president. and G. i. Dobson, sec
rotary and treasurer. The purpose OF
the Incorporation Is TO carry ON a
general mercantile business in Ogden
The International Investment COM
)any,a New Jersey corporation, has filed
a copy OF It's articles with the secretary
u state today and slgnihed It's inten-
ton OF complying with the Constitution
~ lHlN cldAf III Viufl W fnldbii0il hl
office here. II, C.,Norrls was named as
resident agent. with an office ia this
'lty The company Is Incorporated for
$4,000 with shares valued at $40 each
Il is the purp6se Of the company TO
conduct a general mining and milling
business.
Dun's Review has the following re-
alive to business conditions In this
lily for he past week: 'JObbing busi-
.css, on the whole, is fairly good, and
'eaers report fairly steady demand |
n groceries drugs, harness and hard
ware lines, with fair spring orders In
lothing. shoes, dry goods and notions.
ietall trade * quiet Some sections
rave had good SHOWS and rains the
'ast week but uneasiness Is stll felt
the water supply for the dry
eason, Collections are generally fair,
While money continues In satisfactory
upply and good demand. Local mer.
antle and Industrial stocks have