The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-01-19
A BIG FALL IN FLOUR.
The Staff of Life Reaching
Its Legitimate Level.
THE GOVERNMENT BUILDING
The Monday Paper Sch eme-
General Business Notes.


1t seems that the maximum in the
price of -four has been reached, and q
crash may be expected this morning.
1.-The Ogden mills have forced the is
sue," said Salt Lake shipper yester
day. sit came little sooner than l
had reason to suspect it would, but it is
here just the same. and, in the language
of the great and only Tom Fitch, it has
taken up its permanent residence. Not
long since l purchased from Ogden
parties 5000 pounds of -four, for
which 1 paid them So per hundred.
This four I sold to dealers in this city
at the rate of So 10 per hundred
pounds, and later made a cut of Sc.
which brought it down to So 05. Even
this small profit was denied me, for 1
find Ogden agents in this city selling
in small lots for less than that figure.
This is little more than we can stand
| The result is, that l have determined
on a cut. and l believe that other
shippers will stand in with me. Satur-
! day morning, | propose to sell these
same brands at $2.SO-the same -four
that retailers have heretofore been pay
ing So. 80 fer"
"And where will the cut end?"
| 81 don't know; neither do | care
much. The dropis bound to come; the
| tension has been too great, and just as
soon as the ball is started rolling it will
60 with howl and whoop."
ITO what do you attribute this anxi-
ETY. of the millers to unload?"
"Simply because they are oVerstocks d,
and it is question of either getting rid
of the big stock on hand, or else closing
down until there is greater demand
than at present. Flour has reached the
highest point known for years, and it
| will be many moons ere you see it
climb to such an altitude again."
IT WOULD MAKE GREAT SITE.
"What are the chances of the govern
ment's being able to get Market ROW
corner for the proposed building?" a
reporter asked of Mr.. Henry W. Lswr-
ence yesterday.
well, we'd batter get the appropria-
ton first" was the cautious reply.
But in case it comes, do you know a
better location"
mo, its she best [ know OF for size
and location. Iii held now by myself,
Mrs. Annie Hooper Game, and Mrs.
Libbie Hooper Dunbar. When Cap
tain Hooper and l bought 1t, it was
with the view that it would make a
superb site for soma public building.
THE CHAMBER BUILDING)
A Chamber of Oommar ca huiI6inc ia
again being talked up, but the
plans are much moro mode,t
than those proposed a year ago,
when the feast oility of erecting
structure to cover an entire city block
was under discussion. The buildings
now talked of range from a three story
brick building to cost $25 900, up to q
handsome four story stone structure
worth 100000. Should the Chamber
decide to build, the result would prob
ably be something between these two
estimates. One prominent member of
the Chamber proposes that the build
ing should be at least three stories high,
the first floor to be used exclusively
by the Chamber. the second cut
up into Offices for renting and
the third DE arranged for dancing and
lecture nail, which might be rented to
one of the secret orders. Such build
ing in the proper part of town would
pay interest on the investment from
the start, and after the first year would
doubtless bring in good dividends. The
question of site is still in the future.
LoGAN's ADVANTAGES.
4 correspondent of the Logan Journal
has the following to say in favor of
Logan as manufacturing point:
Thinking perhaps plain statement
of facts showing some OF the advantages
of Logan over Salt Lake City or Ogden
as a manufacturing district might not
be uniuteresting to some of your nu-
merous readers, desire to submit the
following: In order to make the COM
parison complete, l will take wood
working establishment running to its
full caoacity with sixty horse water
power in Logan and the same steam
bower in Ogden or Salt Lake City.
presume all will admit that desir-
able location for plant and yards for
say a 100000 wood working establish
ment can be secured In Logan for at
least $40 600 less than in Salt Lake or
Ogden. Therefore the first investment
for plant will be in favor of Logan.
It will require two tons OF coal day
to supply 60-horse power engine. at
$3.50 ton. .......... per day ......... 50 90
On, waste, etc. 70
Repairs, packing, etc. '' so
Attendant, engineer .....-... %
Attendant, fireman.. ......... 20e
Ogden or
Logan. Salt Lake.
Foreman $500 -. 90 difference 90
5 Mechanics. 10 90 go. IL 80 80 2 so
10 IahnrnrS Is 0O 70 w b w