The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-06-24
BUSINESS WAS
SOMEWHAT QUIET
Trade Is Greater in Volume,
However, Than in Same
Week Last Year.
CROP INDICATIONS GOOD
COLLECTIONS ARE GOOD AND
MONEY is FAIRLY EASY.

Local business conditions have contin-
ued satisfactory during the past week.
Business generally has been somewhat
quiet as is expected at this time of year,
but the amount of business done was
much in advance Of the corresponding
week last year The reports Of good
crops all over the state have had good
effect Collections continue good. There
are ample funds TO meet requirements
end money is fairly easy.
The week in real estate has been rather
quiet though few transactions were
recorded. The chief Of these was the
purchase of the property at the corner
of Main and Fourth South streets by
NJ B. Lichtensteins on which he says he
viii build a handsome business block
Some other large deals are now in pro-
gress and will probably be closed this
week. There has been little or no sPecu-
lauve buying and most OF the property
sold has been small homes.
Speculation Is Light.
For some reason or other the specu-
1ative market has been unusually quiet,
though all the dealers report that they
have no complaint to find with business
generally. The location of the proposed
new union DEPOT on Third South street
has stimulated the demand for property
in that district, and this week VIII prob
ably witness some good sized deals IN
real estate in that part of the city. For
moderate priced four TO six-rOom houses
there has been good demand and a
COnsidera bic number of these have
changed hands during the week.
While there is considerable activity in
building circles, it is not nearly so great
as it would have been if building ma
terial had not been 50 scarce and the
price so high. There IS a strong demand
for lumber, and this the dealers are
scarcely able to supply. There is pros
pect of this being soon remedied, though
whether this will be in time to help this
rather scarce in the building trades and
not many skilled men are idle.
Wholesale dry goods men report a good
general business, but the retail dealers
say that the cool weather has had a
serious effect on the sale Of light sum-
mer goods This especially is true Of light
outing goods, straw hats and the ike.
The previous week was much better in
this respect Still they claim that the
volume of business was greater than in
the corresponding week OF last year. The
wholesalers report collections good and
credits remain about the same.
Wholesale gr0cers have been doing an
excellent business. much in advance of
the same period in previous years This
Is IN spite of some matters that make
for uncertainty There has been no change
IN the price OF sugar Tor weeks; In fact,
since the first cut made by the whole
salers at the coast This uncertainty at
first almost stopped the trade Of the
iObbers in this article entirely, but lat
terlv the retail dealers seem 10 have
eiplucked up courage and have been laying
Il in small stocks.
Canned meats are almost not sold at
: all as a result of the scandals respecting
the Chicago packing houses. but this is
expected to be only temporary.
Canned fruits VIII be higher this year
owing to the shortage in the California
crop. This is especially true Of apricOts,
which are only one-fOurth of q crop.
This has already affected prices. evapO-
rated apricOts, which were only 81 cents
last year. being 10 cents now. The scar
city in apricOts Will also affect peaches
and other fruits, though in peaches and
'prunes there IS no scarcity. Cherries Were
also only part Of crop and viii be
high It was expected that coffee would
he advanced. but the price has held and
is even a trifle lower in the face Of the
fact that the stocks on hand this year
are 100000 bags short Of last year Trav-
elers coming in report conditions in the
country towns excellent and the good
crop prospects stimulating business.
Good Week for Fruits.
Wholesale fruit dealers have had good
week. June and November are usually
the best months in the year, AID this week
has been quite as good as any. Though
The strawberry crop was. injured slightly
at the start, II has even made the mar
Eet better as there has been no gluL
WatermelOns viii be a good yield this
ear. The Nevada variety VIII begin TO
arrive IN about three weeks. and in the
meantime there are plenty Of the Texas
growth on hand. Oranges. which were
scarce, came in IN quantities during the
High prices still prevail in the leather
trades, though business has been fairly
good. The cold weather has had an eff
feet UDGn the local shoe trade, as well as
the dry goods business There has been
lttle doing in the light summer vari-
cites OF footwear. Stocks on hand have
been complete and il is expected that
trade VIII pick up as the weather gets
warmer.
Hay and Grain Crops Good.
Reports received by local hay and
grain dealers Indicate that the crops all
over the state, with the exception of
parts OF Rich county and in the vicinity
of Sanpete. where there was too much
rain VIII be exceptionally good, though
late The high prices have been retained
by the dealers on account Of this late
ness. added TO which is the fact that most
of the new lucerne hay coming was cut
too soon and in consequence was rank
and not of a good quality. They will in
all probability go down with a thud af-
ter the meeting of the dealers on Thurs
day The grain harvest will also be two
or three weeks late according TO adviceS
received by the dealers, though the Weld
viii be abundant The lateness in Utah
IS due TO too much rain. but in the east
the crop IS late by. reason Of the drought
On this account corn has been advanced
from > to cents in the eastern mar
kets. and has to a certain extent affected
the markets here