The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-25

no utility. But, AS one observer has
remarked, "If there were no considera.
tion except that OF money. some Of
these statements might be Of no value.
Other things to be considered, how
ever. are conveniences of time and
place in purchasing, and likewise
of variety of choice and Of quantities
in which to buy. Can ono imagine n
group of consumers living in New York
apartments getting together and buy.
ing carload Of potatoes of a Maine
producer9'
Gold Of Transvaal.
The Transvaal production of gold for
the full year 1910 promises to exceed
100000 ounces, thus reaching a new
high record. The yield last year was
T,2S0.000 ounces; in 1905, 7.053,000 ana
in 1907, 6,552,000. For the eleven
months of the present year the output
has totaled 6,S93,o00 ounces. and as
December should add at least $4,000
ready stated, pass seven and half mil,
lion ounces. Treating the position in
dollars iDstead OF onnces it is found
that last year the total value Just fell.
short Of $155. 100000; in 1905, $780,
900. coo; 1907, S137 900 900, and in 1906.
sl23, 100000. To date this year the
output has reached upwards of STAG.
o0o .nG0. aud about $50 900 900. or somo
so PEI cent greater than the gold mined
in the United States.
TIE "apitai of American corporations
S being distributed among the public.
Official returns supplied to the Journal
Of Commerce by 116 railroad and indus
trial companies having q capitalization
of 81 .067 900 show that there are T46,-
220 stockholders. Last year 10 cor.
porations had 6o69s4 stockholders. The
average amount held by each stock
holder is only $9,4S1, whereas last
year s records showed that the aver
age was sl1,650, while in 1908 the
y0l 900. .000 with the average holdings
amounting to $lo,7s7. This year 40
railroads, with a capital Of 81 ,025 ,000,
600. report 310.580 stockholders,
against 279.46s owning $3,747 900, 900
last wear The capitalization of 67 in
dustriaI enterprises, amounting to So
042 900, 900, is held by 435,64o stock
holders; year ago the same compa.
nies had a capital of $2.93O 100000
held in the names of 39o,l56 stock
holders.
Changes Are Noted.
Interesting changes have taken
place during the current year, increases
by certain companies being offset by
decreases on others. A glance at the
industrial list brings out the fact that
the steel corporation easily leads all
others with $4,000 stockholders.
gain of about $4,000 over 1909 and by
far the largest number ever recorded.
The American Telephone is second
with. 4o,2s4, against 31,702 last year
q gain of $3.50, due in part to an ex-
pansion in the company enormous
American Sugar occu-
pies third place with 19,436, q gain
during the twelve months OF 1031.
Copper follows with 49,
562. but this company twelve months
ago had total of 1899, there hay
ing been, therefore, decrease of 3297
Western Union, the next on the list,
also reports falling of from 13 1853
to 1888. loss Of 420. American
Woolen can boast of 10000 stockhold
srs. the Pullman company has 1l,l4s
and American Smelling 1882. This
completes the list Of industrial corpor-
ations having 10000 stockholders and
upwards.
Pennsylvania easily leads the rail
-oads in point of the length Of it's
stockholders list It has today 64,S69,
L gain Of $500 in the twelve months.
There is long drop between Penn
sylvania and the next on the list, the
Canadian Pacific, which is more Of an
than a Canadian owned
enterprise It has no fewer than 35,
791 stockholders,