The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1901-09-22

UTAH BUSINESS
ON FIRM BASIS
Has Recovered From Effect of
Buffalo Tragedy.
clEARINGS ARE SILL HEAVY
OUTLOOK FOR FALL TRADE
NEVER so GOOD.
clEARINeS ARE SILL HEAVY

The assassination OF President Nc
&inley and the transfer Of the reins Of
government to Theodore Roosevelt have
had no bad effect whatever on the bus
mess OF this community. The shock Of
the crime caused a stupor at first in
every avenue OF trade. but It was only
momentary; the rally was instantan-
eous, under the firm conviction that
the rev president would follow out the
policy Of his predecessor.
Some OF the local dividend-paying
stocks touched the highest p=.ces Of
the season during the week, which Is
proof Of the feeling Of security that
pervades the business community. The
bank ck srings for the week. although
not as sensational as they have been
many times during the season, are
sftll heavy and very far in advance Of
the clearings of last year. For the
week the clearings were 5000, $40 so.
and for the corresponding week of last
year thew we're S2.613.4O9.sS 50. IN this
connection it must be remembered that
there were but five business days In
the past week. The clearings yester-
day were s55S.S4S. 04. compared with
SS46l5S-Sf for the corresponding day of
last year
Activity in Local Stocks.
A greater activity in local stocks is
reported for the closing days of the
week than Las been experienced for
weeks past. The best quotations to
be obtained are as follows;
Deseret National bank ---...-.. $3.50 90
r. 9. n. 7. ....-.-............ IA 90
Home Fire Insurance company. 1872. 90
Utah Sugar company ..-...-..... 16 90
Ogden Sugar company ..-........ 1S5. 90
state Bank OF Utah .............. I44. 90
Deseret Savings bank ....... 1Tg 90
Coop Wagon q Machine COM
pany --...... $500. -....-.... 120. 90
Commercial National bank go. 100 100
Utah Commercial and Savings
odnk .-.--- -------- ...--. Joe. 90
lions Savings Bank & Trust
company -. ..........-..... 14O. 90
First National bank. ogden -. 1e5 90
Rocky Mountain Bell Telephone
,,, SoIllPahy 49, .---...- ----. 10000
salt Lake City Railroad bonds. 100. so
Outlook for Trade.
The leading merchants of the city
report that the outlook for faIs trade
was never so good before in the his
tory OF the city There is al abund-
ance OF money in circulation, the peo-
pie as a rule are prosperous, and are
buying goods for fall and winter with
q eat freedom. The improvements in
the stores on Main street are prac-
ttcaIiy completed and the stocks Of
goods offered were never so attractive.
me JoDberS are busy filing fall or
GERS and report the outlook to be very
nattering- Collections IL some quar-
tiers are still slow. but no uneasiness
- aelL because OF this as ii IS under
stood that but 4 small portion of the
years crop has beene marketed yet.
Building operations are still being
pushed on the work already begun; but
there Is a determinatir.I - hold off on
an new propositions OF large dinen-
sions till next year. This IS partially
que 70 the unusually high prices Of
some cl2sses OF material, and ii part
t0'tRe Srsst dit1culty in getting build
ing material. More activity IS noted
in real estate. and the demand for
store rooms On Main street is stiu on
the increase.
Building Permits.
The following permits to build and to
make Improvements were issued last
week BY Inspector Timer:
john Daynes. r street between
Souta Temple and First. two
apart nenG brick dwelling ---......-S 400
Deseret Savings bank. First street
between II and 1, two brick cot
a. Hawkes.. Sc East second south NV
street. bTicz cottage. -; 1000
street between South Temple and
First South. brick cottage........ LOO
- ana E, brick cottage -. 1900
T. H Lewis. Tenth South street
between Eighth and Ninth East.
brick cottage ..................-..- loo
George Ensign II street between
l. ;. Hodson. g . street, frame
cottage .......----.-. ....-.....--. 600
7. s Bascom. 81 West Fifth South
street, frame barn ............-..... 500
Alfred sorenson, So West First
North street. brick Gotta Gen. 700
Three minor permits ......-........... $50
Total .-...-..-. .--..--.....--...- .....Si9. $50