The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-02-15
WINTER TRADE
MOVES SLOWLY
Customary Dizziness Pervades
All Lines of Business.
SPRING OUTLOOK is GOOD
OPTIMISM THE GENERAL SPIRIT
UNLOCKING INTO FUTURE.

Business was quiet in all lines last
week. although the average was about
normal for this time II the year. The
cold snap interfered somewhat with
trade during the latter part of the
week, but the weather has only given
encouragement for the future. The
storms brought a heavy fall of snow,
the winds blew this snow into deep
drifts in the guIlies and ravines of the
mountains and the extreme cold has
frozen/everything so solid that it will
be SLOW in melting-all of which goes
o assure the farmer of a steady and
adequate supply of water for irriga-
ton and the merchant of consequent
trade.
In local stocks and bonds there was
little doing. A few sales were made of
Utah Sugar company stock at 1895 for
tie preferred, and $3.57 for the COM
mon. an advance of 8 and cents re-
spectively. Home Fire Insurance stock
las been boosted 81, being quoted at
Sl45. An advance of One-fourth of
cent is noted in bonds of the Salt Lake
city Railway company and the Stump
ter Railroad company The CONSOLE
dated Wagon & Machine company paid
dividend of S6.41 a share on the com
mon stock. which sagged after this
pay Ahent from $40 10 $bi.
Local Stock Quotations.
Following are the latest quotations
on local stocks and bonds:
Deseret National bank. 1884 90
"a. q. NJ. I........... 1850 100. 90
Home Fire Insurance company. 145. %
The Utah, Sugar company S.
0OO,0O0i/ preferred .-...-..,.- 9.9o
Common S57
STATE Bank of Utah. $50 90
Deseret Savings bank. 24O. 90
Commercial National bank. 1OO.O
,zion's Savings Bank & Trust
company ISe w
Provo Com. & Savings bank . 100. 90
Lehi Com. & Savings bank. So. loo. 10
pany, Logan .................... III so
First National bank, Ogden...... 247 90
Rocky Mountain Bell Telephone
company .......-................ 96.9O
Davis County bank. Pennington 10. 90
Barnes Banking company, Kays-
VILE ACKNOWLEDGEMENTS. ~
/ ogden Savings bank.............. 155. 90
Consolidated Wagon & Machine
company preferred .-....-...... 100. 90
Common 500
Greeley Sugar company 13O.OO
capital $4,000 600 preferred. 81. 50
Common ACKNOWLEDGEMENTS. 100. 90
| Provo Wooden Mills company,
capital $500 goo ..................- 90
/ Peoples Cooperative, Lehi...... 800
Church bonds .................... 1919
/ Consolidated Railway & Power
/. company bonds Observation-Disclosures. 1OO
! Salt Lake City railroad bonds. 101A
| Sumpter Valley .................. 101A
| Utah County Light & Power
company bonds neutrality-suspicious. 100
Regarding local business conditions,
| George Rust, intermOuntain manager
| for r. G. Dun & Co, said yesterday:
Business Conditions.
I "Jobbing business is quiet. but about
/ what is to be expected for this season
/ of the year. There is a fair demand
| for clothing, groceries, drugs and hard
ware. with spring shipments of dry
| goods active.
Retail business is fair. Collections
| are slow Money is in fair demand.
with rates of interest steady. Not
/ much change is to be expected before
/ March l.
! Real estate business is picking up a
/ little. The demand is increasing and
| a number of good-sized sales are under
! way. but there has been little tangible
! result. Real estate men generally look
! for unusual activity in the spring.
Building Permits.
Building permits issued during week
Feb. IA. 1908:
L. A. Stevens. 10 s, between SO Z,
/ brick cottage ........-.-..--.....-S ST. OO
/ T. L. Holiday, corner Main and
! Grove, brick cottage. 1,S0O
/ Walter E. Read, Fourth South,
! between X and L, brick cottage 1900
$4,000