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

liz VIZ
The merchants Of Salt Lake report
an exceedingly prosperous year A
,.,shll canvass Of all the reliable
.ourees Of information shows that the
increase in all the lines of trade fig
n-.s out about % per cent over 1898,
AZ 10 failures, r. @. Dunn & Co an
,,nrce that on the day this report was
,ompleted. the amount Of liabilities in
,olyed IN all failures for the year was
usg7 less than the liabilities Of to
,bs same date last year II will be seen
tam this that such institutions az
nned were comparatively small az
airs In fact there have been but
three failures Of any note during the
,,.sent, year and one Of them was the
New Mammoth Mining company
strange as 1t may seem at first
,lanee II is nevertheless true that in
cood times the number Of failures Is
Invariably larger than during duh
times. The compensation Of this lies in
ths fact that such failures are OF little
consequence. At the mercantile
agencies. the explanation Is given that
when times are good, large number
Of people embark In various enter
prlses. all small, and many Of them ore
certain TO go under, because they have
neither the experience nor backing TO
compete with the old established
houses For this reason, probably, the
number Of failures this year is practi-
caGy the same as in 1898, although the
liabilities are 100000 less.
COL. wEBBER's REVIEW.
Speaking yesterday Of the business OF
The z. c. NJ. /. for 1899. Col. Weber
said
our experience for the year has
been satisfactory. Not only have our
ales been remarkably good, better than
for seven or eight years past, but COZ
eetions have held up splendldy right
through TO the end Of the year, and
this too, notwithstanding the loss sus-
alned in the agricultural sections In
The north. through frost. and In the
iouth through severe drought
The Increased price Of wool and
sheep, together with the splendid out
put Of the mines, have more than COM
pensated for the losses north and south.
Another thing; II must be remem-
bered that nearly all the sugar used in
ibis State is now manufactured at
home, and perhaps upwards Of a mil
Ion dollars that would otherwise have
teen 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 beet-ralsers. SO
that a great deal Of this has found Its
way into the merchants hands, and
thus exerted its stimulating influence
Upon all the branches Of trade,
The result OF the business Of the
past year is really surprising, when the
iaortness OF the wheat crop and the
very low prices prevailing east and
ve't are remembered. Much OF the
What that would have been shipped out
the State under usual conditions has |
tsen held here pending q rise in the
market"
THE HOLIDAY TRADE.
Avery important factor in trade cir
aes has been the holiday trade, which |
Proved very agreeable surprise to our
ne'ehants. They counted upon a good |
BUSINESS but did not contemplate such |
feayy buying as has been done The
Holiday trade, considered by itself,
n0ws marked gain over 1898.
CONFERENCE BUSINESS GOOD.
The business during Conference and
lalr Week was also better than had been |
"'sed for. Owing 10 the partial failure |
The crops. a marked falling of In |
tade was expected. but II did not have
na' effect. Not only was the trading |
navy during that season, but z. c. NJ.
! reported collections better than in
wv the showing at that Institution
non October to October IL being $780,
w Greater than during the same period |
VI last year. The trade at z. c. NJ. i.
~Sependent OF the Conference and hol-
way stimulus was about IL per cent
"sher than in 1898. and this with IS
WI cent crop in the country.
STAPLES GO UP.
Ool' Weber reports married. ad.
'Ahce In every line OF staples. Gotten
sVOds have advanced on an average II
seF cent, while iron and steel products |
ave gone up. in many instances. over
'nundred per cent. Canned fruits show
"a advance Of 60 per cent, dried fruit 20
w cent, and the Increase affects cured
~'a's, cereals and crockery, SO that 1t
Inc,
THE DAAfX IEIQINGc