The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-10
the precious metal sent thither in recent
months.
Banking Is Profitable.


Banking In New York is sometimes u
profitable business. For over eight years
the average dividend paid TO holders OF
stock OF one institution amounted 70
ganized twenty-five years ago by mum
Der of prominent merchants. and IL Is
still controlled by men OF this class Al
though the par value OF this stock is sloo'
II recently sold for $500 per share. Be-
cause Of its small capitalization OF $780,
000 and It's surplus of over 1000. 600 the
bank has been able TO distribute these
large earnings among its STOCKHOLDERS;
While the regular quarterly dividend OF
% per cent has been maintained for
years the special dividends declared In
cent: fetal dividends. 22o per cent for
wear: 1906 100 per cent (no extra divi-
dends being declared 1907 $50 per cent;
total diydends 2Sg per ceaf aso ner asOS cep nso
1909. 1870 per cent; total dividends, go
per cent; 1910. i3C per cent; totai diHi- H
dends, 230 per cent. THIS bank has de-
posits aggregating $l6,00O.Oo
Coal Mine Fatalities.
Figures complied by Edward w;
survey show coal mine fatalities in the
United States In 1909 were fewer than In
1908. Notwithstanding an increase OF ap-
proximately 10 per cent In the quantity
of coal mined The tota, number OF
deaths from coal mine accidents in 1909
were 24l2. against 2i50 in the preced-
ing year. In the number OF non-fatal ac-
cIdcnts the record for 1903 docs not COM
pare so fayorably with previous years.
The number OF men injured last year
was 1879. an increase OF moro tnan l5uo
over 1905 and 1908 showed an increase
in non-fatal accidents or more than l4oo
over 1907. A part OF this increase Is en-
pJalned by more complete information
received during the last two years IN IN
io07 statistics were obtained from only
scventeen states. in 1908 the statistics IN
cluded twenty-one states and In l9os re-
ports were received from twenLy-sI"
states. In the anthracite mines OF PENN
sviva MIA the number of non-f fatal acci-
dents has decreased from 1863 IN iyV Z
| 10 ITO in 1908, and TO 1924 IN leOV. WINE
| those in bituminous mines have lncreasea
| from 3o47 in 1907 to 5602 in 1908 ana to
"Therc are but two harbors in the
United States-those Of New YORK nna
tonnage than that of Duluth. MIMI. sad SAID
| Arthur NJ Fontaine. member on .In sto
Duluth board OF trade. The great gram
and stock raising reserve OF n Morf' ono nennIe
is lust west and north OF us :, rms ols
trict makes -four enough ANNUALLY II mace
| INTO lonyes OF bread to girdle inc eartn.
and butter enough TO cover tho SIZES : ,de 4.
] ,nto steeI rails, to circle the earth many
times II Is the present and future
iron producing region Of OF she oome Woei' in the
| 6uancjal world Duluth never can oe s
robbod of it's advantage, at the head :, Ga
10 Gnest fresh water highway In th,s
or r' anv other country. The joohinG trade
Duluth has yen1s psreGssa sSst it TO is r~na anmazns q
II.h yI tie yvboIesale trade has come man
nfacturine' Watst The possibilities OF the coun
try around Duluth as an farm Opened
Lo" O. onnrrntjc settler means so mucn
More ny e" business for the manmfactMrcrs nno o
inbbers OF the city. Duluth VIII ne or on.
of the greatest cities OF the nof
in "A very few years