The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-12-26
ALTA CLUES NEW BUILDING. sALr LAKE City.

for the material men and added vastly
to the improvement of the city. Com
paratively few large business blocks
have been erected, but they have been
of a substantial character. The SPLEEN
did building erected as headquarters
for the Oregon Short Line on West
Temple street, is the finest of this
character, while the block erected on
Second South, opposite the Dooly
building, is worthy of note. The Alta
club building, now being erected vp-
posite the historic Eagle Gate, will cost
in the neighborhcod of $4,000, and will
be one of the most striking structures
in the city when completed. Another
great building is the projected Sheldon
Jackson Presbyterian college, the funds
for which have been secured, and
which is destined soon to take it's place
among the leading educational insti-
tutions of the state.
Returning to the volume of trade,
merchants of all classes seen by Herald
representatives report that it has been
very satisfactory. q. C. NJ. l., which
is considered as being sort of Their
mometer, makes a handsome showing
for the year.
A TALK WITH SUPT. WEBER.
Superintendent T. C. Weber stated
to The Herald yesterday:
Our trade for 1897 runs very close to
20 per cent more than for 1896. Prices
have been lower this year on cotton
goods and all lines of goods into which
cotton enters; in fact, prices have been
lower than we have ever known be-
fore.
Because of this there has been more
in weight and yardage sold this year
for given amount of money than iQ
1896.
COLLECTIONS EASY.
THE good prices obtained by the
farmers for grain, by sheepmen for
wool and sheep, and by cattlemen for
cattle has enabled them to meet their
obligations promptly, and in conse-
quence, collections up to within a
couple of months, at least, have been
much better than in 1896, and all we
could reasonably ask
RAILROAD RATES.
1.-THE railroad situation is satisfac-
tory, too. The segregation of the Short
Line was a good thing for the state
and throughout the year rates have
the Oregon Short Line and Rio Grande
Western have worked Loyalty for Sail
Lake and with good effect.
OVER THE s8,OOO,OOO MARK.
Coming now to details, z. c. NJ I
did it's heaviest business in September
when the amount was about $4,000 il
excess of July. Our sales for the veal
will exceed considerably $4,000, 600
while the total for 1896 was under So,
100000. Our factories have been KEEP
fairly busy the entire year, although
not working to their fullest capacity
| The market for our factory product!
extends through Colorado, Montana
and Idaho. with, of course, a heav!
trade at home.
FEW FAILURES.
1.-THE failures in Salt Lake this yea
have been very few, and those wer,
small ones. The depression at the min
ing camps has, of course, been a facto
against US. The conditions at Parl
City and Eureka notably have affected
/ the local trade somewhat.
A SUMMARY.
Summing up, we find that price
have been lower than before, while tn
| total of sales has been considerable,
/ larger, so that the volume of trade, il
/ order to establish that condition, ha
shown very marked increase. Col
lections, most important factor i
] the successful conduct of business
have been very good, while failure
have been few and unimpOrtant, an
iailread tariffs are satisfactory.
The outlook for next year is encour
aging, and while conditions have bee
good this year, we may reasonably ex
pect still further improvement in 1898