Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-12-21

boihe OF lne eases the old debts have
been paid Where such has been the
outcome the result has been applaud.
ed, or course there may have been
some dishonest advantages taken Of the
bankruptcy act in isolated cases, but
the business standing OF the COM
nunity has been preserved by the very
infrequent happening Of these and the
larger amount Of good that has Offset
them
TRADE CONDITIONS
Col, ~ G, Weber, superintendent of
- {. M 10 kindly favored a News
representative with an interview on
general trade conditions In this city
end state. He talked freely and re-
ferred the reporter TO some of the heads
of departments In the institution From
the conversation Of these gentlemen
cbieliy, supplemented from other
sources the following summary * con-
dcnsed.
New and gratifying features have
been developed during the year In
General trade conditions. The grocery
trade has afforded abundant evidence
that a higher standard Of living has
been established by many people Ia the
intermountain country, as fancy arti.
Giles ana goods Of higher grade are in
demand This fact IL further con.
lllmed In the iron trade, In a manner
that at first seems 4 little curious yet
is, after all quite logical and natural
Better kinds Of builders hardware are
now demanded, showing that the new
homes that are being built are TO be
more nicely finished
The clothing and dry goods trades
Fhow perhaps still more striking evi-
dtnce Of an advance in the standard of
Twins among the people Of the inter-
mountain region Costller goods are IN
demand, ana more attention than here
tofore IS paid to style, taste and fash
ION This means that dealers both
wholesale and ret9l must be alert and
W TO date In order to hold their trade.
An important element in the jobbing
trade of this city during the closing
year have been the canned goods
chiefly tomatoes, which have been pro-
dGced near here and distributed by our
JObbers, These are shipped over the
whole Of the area naturally tributary
to this city in other lines OF trade, and
also all over Montana and Colorado,
states that are not in any usual sense
tributary TO this city.
Money has been 50 abundant that
collections, as a rule, have been easy
end business failures have been few.
Confidence was never stronger In the
commercial world Of the lntermountain
region than 1t is now, and II has proven
such a stimulus to enterprise that
abundant employment has been pro-
vided for the working classes, at
wages higher than have prevailed for
many years.
IL is within the personal knowledge Of
the writer that the credit Of Utah mer-
chants is very high In business circles
IN the east The honesty and cOnserya-
tlsm OF the people Of this state, and
their wen established reputation for
raging their debts. has made their
trade highly desirable and much sought
ffter by eastern jobbers and manufac-
turers.
In almost every respect the trade
prospects for the coming year are high
w encouraging and satisfactory, and
unless there shall be a great change
in present conditions and appearances,
the opening year will be one Of crafty
ing prosperity 70 the mercantile fra-
ternity and people generally Of this
city and state, and Of the intermoun-
tain region generally
PHENOMENAL BANK CLEARINGs.
salt Lake is In very proper line
for congratulation upon the great in
crease in the amount of business trans
acted during the year and the big
clearngs recorded by the clearing
house." says Banker w. S. Mccormick,
upon this subject. "There are many
causes which have contributed to swell
the business done by the banks. There
have been several large mining and
ether business deals put through dur
ing the year which have necessltated
The transfer of considerable sums OF
money AS much as anything, though,
] think the mining exchange has been
great contributor to the Increased
clearlngs. The transaction Of the busl-
ress of the exchange necesstates the
rapid turning over of a considerable ag-
gregate amount Of money Improve
ment in all the general lines of busl-
ness has been felt all over the state,
and especially so in Salt Lake and
this has also done its part towards the
increased showing
"As to whether or not conditions may
be the same next year as this | cannot
say. It must be admitted that In the
realm of the precious metals there may
be some drawbacks Prices of silver
copper and lead have dropped and the
effect of these reductions must I'M
doubtedly be made evident In the
volume of money handled. Now there
NAV be conditions arise hereafter
which may Offset the fall In metal
prices, but II there are any such ! DO
not know OF them at present Appear
ances indicate that there may also De
a falling off In transactions IN mining
stock. Already there Is a shrinkage IN
the amount Of money involved nut IL
is evident now that notwithstanding
these conditions there may be a good
business year before US and there, ~
little need Of fear as to the outcome
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