The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-09-27
BUSINESS SHOWS
GOOD INCREASE
Salt Lake Situation Continues
to Improve.
BIG GAIN IN BANK CLEARiNGS
REAL ESTATE MARKET SHOWS
GREATER ACTIVITY.
BIC GAlN IN BANK cLEARlNGS

Another week has passed with an
improve showing in salt Lake bust
ness. In nearly every line trade. has
been reported satisfactory or better. In
real estate especially there has been a
quickening, and a good fall business is
under way. The formation Of an or
ganiZatiOn among real estate men is
taken as a favorable indication. While
Immediate results may not be great it
is believed that the association VIII
succeed i'm arousinE greater interest in
salt Lake real estate. which VIII result
I'm better outside demand. AS it is, the
roseate prospects for the future Of the
city are helping the present real estate
situation materially.
Clearings Show Big Gain.
The bank clearlngs have shown a
notable increase curing the week. This
swelling has not been caused by any
one or two big deals, but has been
steady each day. For the six days
ending yesterday the cleariugs were
s., 2SG. 625.77, compared with 81 450, 922-6 60
FOR the corresponding week of last year.
an increase of "a per cent. Yesterday S
clearings were S433.35S.90. compared
with $26S. S46.44 for the corresponding
day of Iast year.
Both jObbers ana retailers in merCan-
tile lines report a good business, the
only possible exception being in furui-
ture. a boom i'm weddings would i'm
prove the situation. Collections are
still not as good az they should be,
considering the volume of business be-
ing done, but money is i'm good supply
q the banks for loan on high-cIass
collateral The higher price Of silver
and the Improvement i'm mining condi-
tions have helped the general situa-
ton
The commercial stock and bond mar
ket has shared the general bUoyant
feeling. Yesterday was one of the most
active days Of the week, and lively
demand forced up the sugars. This was
due largely To- the report that the
sQUabble over the Lewiston sugar
project had been settled. and a posi-
bile bitter war averteG. Lewiston sugar
jumped during the forenoon from $40
to $l01o. The Utah Sugar preferred
went. to- $9.S5 and the common to S3.T7.
Quotations We're as follows:
Deseret National bank -.-..-... .S2S1 30
4. g.. NJ i.-...-.. ..-..... -..-.. 1855 90
Home Fire Insurance company. 14O 90
The Utah Sugar company (pre-
Ieifed) ------- -------.-.--..- . 50
The Utah Sugar company (com-
NOM ....-....-.- ......... ........ -
state Bank of Ttah.............. 149 90
DeseTet Savings bank. ..... 260 90
lions Savings Bank & Trust
company OBSERVATION-DISCLOSURES. ...... 1876 90
hank.....-.. .......... .......... $50 90
Lehi Commercial & Savings
bank....... ............ -. 100 90
Thatcher Bros. Banking com
pany. LOgan......... ............ 10 90
First National Bank OGDEN. 22I 80
Davis County bank. Pennington. 1O7 30
Barnes Banking company. Eays-.
viUe....... ............ ......... $50 90
Ogden Savings bank. -..--... 1861 90
Consolidated Wagon d Machine
company tpreferreD .... 800. 80 90
Consolidated Wagon & Machine
company tcOmmou) Gee. ........ - 90
Greeley Sugar company. .-...- 105 90
Fremont County Sugar company II 90
AmaIgamated Sugar company
tpreferred)....... .......... .... "a 90
AWaIEamdted Sugar company
Ccommou)......-... ........- .... 90 90
Idaho Sugar company. ...... = 35
Lewiston Sugar company .-.--.-- 10 10
Provo Wooden Mills company. O. 90
Peoples Coop, Lehi........ .-... 10 90
Church honds......... .............101 24
Consolidated Railway d Power
company bonds......- ........... rs
salt Lake City railroad bouds-.-.-I0Ial
SUmUter valley railroad ...........102
It8n County Light 81 Power COM
pam. btIlNS- e. d. kUi ~