Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1904-02-20

Deseret National Bank .......... .s275. 10
y r. N ...... 1920
Home Fire Insurance Co,,....''' l5s'VV
THE Irtah sugar Co. pfd ..... $50
Common -. go ,..... see, $50
State Bank Of Utah .,..,....... 1850
Deseret Savings Bank ......... 266.OO
lions Savings Bank & Trust Co. lSl.Qo
Provo Com. & Savings Bank =, 1890
Lehi Com. & Savings Bank, loo.VV
Thatcher Bros, Bkg. CO.. Logan lli.VO
First National Bank, Ogden.,,.- 2V2'V0
Davis Co. Bank Farmington..,. 10000
Ogden Savings Bank ..., .,.,u, l5V,0O
Barnes Banking Co., Kaysyille. 2SO.QQ
Con. w. & NJ. Co., preferred.,. VOW
Common go. -. ..,.... ,''''. oV'YV
Fremont County Sugar Conn. 1000
Amalgamated Sugar Co., pfd,. s5Cl
Common 800, 49,. 80. go. 10000
Idaho Sugar Co.,..,. 80. ..r.... u'0o
Lewiston Sugar Co..,,. ..r. . lV.OO
Provo Wooden Mills Co..,...,... 5000
Peoples Coop Lehi..,.. ...,..," 1000
Bonds
Church bonds .....,n..., .,.,".,,lO1h
Consolidated Railway q Power Co.lO0
S. l.. CitN Railroad ,,...",.,",.lOl
sumpter Valley Railroad ..,...lOlh
Utah Light & Power Co....,., .102h
The bank clearings Of The principal
cities OF the country for the week end
Ing the 18th. show a decrease compar-
ed with the same week last year, OF "a
per cent. New York decreasing 1921 per
cent and Chicago 1i2 per cent. The
main cities which are In the increase
column are st. Louis, i7.6 per cent;
Kansas City 1888 per cent New Or
leans $50 per cent. Denver. li.2 per
cent. Salt Lake City had totals Of ST.
77e,2l5, which was an Increase OF SO
over last year. Our figures exceed
those OF such cities as Toledo, o., Ro-
chester N, Y, Hartford, Nashville and
Des Moines.
Salt Lake stands thirty-fifth In the
list OF cities whose bank olearings are
given by Bradstreet for the week end
ing Thursday night last. The figure Is
s2,7762l5. an increase OF SO per cent.
The heaviest increase is at Jackson
vile, Fla. Ss.7 per cent, New Orleans
coming next with 5S.2 per cent. The
list Of decreases Is quite heavy the
largest decrease being that of Fort
Worth, Tex, 60.S per cent.
A circular letter sent out by Brad
streets agency says; when prosper
ity IL visible on all sides. and every
prospect seems to please, new ventures
on the sea OF business are naturally
most numerous. That many OF these
are insuGlciently provisioned and must
inevitably come TO grief IL no less as
sured. The first essential of such an
enterprise must OF course be credit,
whether founded upon capital or char
acter. And yet In the year 1908, S6.6 per
cent Of those traders who became en-
barrassed in the United States and
Canada had either 4 very moderate
credit rating or were possessed Of none
at all. This Is smaller percentage
than was shown In 1902 or 1901, but
larger than In any previous year for a
decade past. With the two exceptions
noted, In fact, II is necessary to go
back to 1892, when 90 per cent OF those
falling werelpossessed OF only moder-
ate or no credit rating, TO find per-
centage as high az II was In the past
year. The conclusions to be derived
therefroIn are obvious"
President Frank Knox Of the Ma
tona Bank OF the Republic has bought
the Lace House stock OF goods and
fixtures for S2s750. He has also taken
the lease of the building running to
Sept. /. 1906. The assets invoiced s54, 900
for the stock, $4,000 for the fixtures
and $4,000 for the book accounts. Mr..
Knox is making up his mind what to do
with his purchase.