The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-27
GOOD BUSINESS
IN PAST WEEK
Satisfactory Activity Shown in
) All Lines Among Local
Dealers.
SUGAR STILL UNCERTAINTY
@BANI< CLEARINGS MILLION AND
HALF MORE THAN LAST YEAR.

Local merchants report the past week
10 have been above the average for the
: season. In ali lines sales have held up
veil and wholesalers have done d fair
y heavy business. The principal fea-
ture Of the week has been the uncer-
tatnty in the sugar market owing to
the war at the coast The bank clear
lEgs are more than million and a
= quarter more than the corresponding
week and the money marke has main
aimed is healthy condiinO and raes of in
teTest are easy
Wholesale grOcers report that bust
ness was never better at this time of
the year. The war between the great
sugar firms on the coast has rendered
the market iu that commodity uncer-
$tain. There seems TO be no prospect of
g settlement and local dealers expect a
still further reduction in addition to the
s. cents which sugar has already
dropped on the hundred pounds. The
eastern market responded to the coast
reduction but slightly. sugar having
fallen at New York but 10 cents. Yes
= terday it went back to the old price a
General rise of 10 cents taking place
everywhere but i'm Salt Lake, which re-
mains the same. There is no cutting of
prices in the eastern market and while
IN california cane sugar is down To $3.50
IT is $3.50 i'm New York. Local dealers
are buying only enough To keep them
from getting out altogether and are
waiting for a further reduction.
Beet sugar fell - cents at the same
time as cane sugar and should be
cheaper The local market was forced
10 follow the lead of the coast. The
outlook is excellent for a good crop this
year and the beets planted around the
different factories have been doing so
= Wen that thinning is already going on
IN some places. \ larger acreage was
planted this year than before. It is ex-
pected that the new factory of the
Western Idaho Sugar company at Nam
pa VIII be finished by September 1.
Real Estate Sales.
) The week has been quiet i'm real es-
hate circles and few large sales have
been reported though all the dealers say
that business has been good. There has
been good inquiry for small homes
and many small sales have taken place.
Some large deals dra pending which viii
probably be completed during the com
ing week
! Among the sales yesterday was one
company of brick cottage on Seventh
East between Tenth and Eleventh
South from u. L. Marks to NJ. TOrgen-
sen The price paid was $500
In" eigHt-TCOm house belonging to .
James Barlow at Us A street with 106
feet front was sold to Attorney A b .
1uFVncf who viii occupy it, The price
paid was S4Z15
WATR Jones. jr-, has purchased four I.
acres ou Twelfth South street from
MartiUeaU & Clark for $500.
There is "A fair amount of activity I'm /.
building circles. Now that the danger .
of any serious trouble fin labor matters .
tFdS been aVeTJJd. operations viii be F.
pushed Very many small homes are
going UP and some more extensive op- /
orations are likely To be commenced .
soon
Plans are now being completed by f.
Dallas * Hedges architects. for the
two new Granite schools Each viii be F.
~ ground T6XS1 fesC one viii be two .
3toTies of six rooms costing $1,000 and F.
the other three stories Of twelve rooms f
costing $4,000 They viii DE of brick
ana stone Tenders FOR their c0nstruc- .
ton wiz De called for I'm q few DAYS. .
The local hay dealers report that hav
Is coming In much better but thar much