Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-12-23
looreciation Of Values in Stand
ard Dividend.Paying Stocks
The City's Cash Box.

The merchants OF Salt Lake report
a, exceedingly prosperous year. A
..,,nh canvass OF all the reliable
s-.,,ss Of Information shows that the
,..,,ase in all the ilnes OF trade ng-
",.. on, about % per cent over 1898.
A. 10 failures, II. q. Dunn & Co an
ounce that on the day this report was
,omplctcd. the amount Of liabilities In
,olyed In all failures for the year was
,,,s AZ; less than the liabilities OF to
a.. .ame date last year. II will be seen
,-o,n this that such institutions AZ
sied were comparatively small af'
hlu In fact, there have been but
,Ar,e failures OF any note during the
present. year and one OF thcm was the
New Mammoth Mining company.
strange as II may seem at FIRST
.,,,ee IL il nevertheless true that In
GOD times the number OF failures "
Invariably larger than during duh
tines. The compensation OF this lies In
he fact that such failures are OF little
sssseauence. At the mercantile
,seneles. the explanation IL given that
vhen times are good. q large number
q, people embark In various enter
th,es. all small. and many OF them ore
certain to 20 under. because they have
p,l,her the experience nor backing to
compete with the old established
houses For this reason. probably. the
lumber Of failures this year Is practi-
eilly the same as In 1898. although the
liabilities are 100000 less.
col. wEBBER's REVIEW.
Speaking yesterday OF the business OF
The T. c. NJ. /. for 1899. Col. Weber
nll:
Our experience for the year has
hen satisfactory. Not only have our
iales been remarkably good. better than
isr seven or eight years past. but COZ
lse,ions have held up splcndidly right
through to the end OF the year. and
this, too, Notwithstanding the loss sus-
nlned in the agricultural sections In
The north. through frost. and In the
ruth through severe drought.
The Increased price OF wool and
sheep, together with the splendid out
rgt Of the mines. have more than com
ptnsated for the losses north and south.
Another thing: II must be remein-
tsfed that nearly all the sugar used In
tbs State is now manufactured at
home. and perhaps upwards OF mill
Lon dollars that would otherwise have
Ten sent west for sugar, has been paid
70 the local sugar companies and this
large sum has been kept at home and
distributed among the bcct-ralscrs. SO
hat great deal OF this has found It's
way into the merchants hands. and
thus exerted its stimulating influence
tpon all the branches OF trade.
The result OF the business Of the
past year Ia really surprising. when the
iAortness OF the wheat crop and the
very low prices prevailing east and
stit are remembered. Much OF the
Wheat that would have been shipped out
1.-THE State under usual conditions has
sen held here pending rise In the
market"
THE HOLIDAY TRADE.
Avery important factor In trade cir
des has been the holiday trade. which
Proved very agreeable surprise to our
Merchants. They counted upon good
BUSINESS. but did not contemplate such
tsavy buying as has been done. The
Holiday trade. considered by itself.
hows marked gain over 1895.
CONFERENCE BUSINESS GOOD.
The business during Conference and
illr week was also better than had beon
'o0ked for. Owing to the partial failure
The crops. n marked falling on In
wade was expected, but II did not have
wat effect. Not only was the trading
h'aVy during that season, but u. e. NJ.
reported collections better than In
W. the showing at that Institution
nom October l to october IL being $780,
w greater than during the same period
last year. The trade at Y. c. NJ. l.
maependent OF the Conference and hoii-
sy stimulus was about II per cent
lsher than In 1898. and this with a u
WI cent crop In the country,
STAPLES GO UP.
COL Wobber reports a married. ad-
'Ahce In every line OF staples. Cotton
I0ods have advanced on an average II
,s' cent, while iron and steel products
ave gone up. In many instances. over
'hahdred per cent. Canned fruits show
"advanoe OF 60 per cent, dried fruit q
w cent, and the Increase affects cured
~'a's' eereals and crockery. so that U
%sy be said TO be general all along the