The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-09-02
GOOD PROSPECTS
FOR FALL TRADE
Reports From All Sources Are
That Market Is in Salts
factory Condition.
HOUSING QUESTION
is AN URGENT ONE
More Apartment-Houses and
Cottages Must Be Built to
Meet Demand.

Reports from all industrial. CONNER.
cial and trade sources for the past week
ere 10 the effect that all are in an
eminently satisfactory condition and
the prospects, for the fall business in
every line is most encouraging, This
being the between season period. there
is hull in the retail trade, but it is
not so marked as in former years
with rates practically the same as the
former week, Live stock mon are bor-
rowers, there being large movement
of live stock to the Eastern markets,
Real Estate Market.
On the realty market there is an ex.
cellent demand for all classes Of prop
erty. AS to the rental proposition, it
really belongs TO a hygone period, for
no houses are left to rent; and il the
demand remains as active every hotel,
boarding house and similar hostelry in
the citv will be filed, for accommo.
dation must be provided for the new
corners 10 our city, One real estate
dealer estimates that more new resi-
dents came TO Salt Lake during the past
month than came here during the entire
year previous.
Several deals Of considerable i'm
portance were consummsted. Tuttle
Bros, report the sale Of Goddard court,
on East Second South, between Second
and Third East, for $4,000, the pur-
chase being made by Mrs. Sarah Lemon
of Salt Lake from the George Goddard
estate. Through this Arm James Cum
ningham transferred TO Mrs. Edwin
Holmes, for a consideration of $500,
tuat property NJ 20 East North Tenn.
pie, 6sx99 feet Mrs. Holmes proposes
VI Anpoo1isb ho hntll,n, NJ
ept and erect q fine apartment house.
Mr.. Cunningham purchased from Mr..
j. D. Beamer the seven room cottage
at 2l0 North state street for S3750,
Tuttle Bros, conducting the negotia.
tons. Other smaller sales were made.
Among the larger sales reported by
Little G. Little are the sale of the
soven.room modern brick residence on
Seventh East, between First and Sec
ond South, from r. Z. McConaughy TO
Sarah f. Whitworth for $4,000. and
works OF the Griffin Car Wheel company
to 2. n. Cuthbert of St. Louis for
s3120, besides a number of deals rang.
ing from s2250 down.
Hubbard & Hubbard sold TO C. l..
Roberts of Kansas the residence owned
by Mrs. NJ. A. Strickland on Fifth East,
south Of Tenth South, for $4,000, a
demand for property near the site of
the proposed Rio Graudc and Western
Pacific shops at Twelfth South has also
sprung up, and !. y. Courtney has sold
four acres there at $3.50 per acre. Other
dealers have been active, but the deals
have not been closed.
Field for Investment.
Returning again TO the question Of
apartment houses and houses for rent,
q ,rnAtob1o An1l fny
found here, Aside from the apartment
houses now in course of erection and
those contemplated, there is ample room
for the establishment of others that
would rent at figures ranging from S20
to s25 per month. These would meet
an urgent demand existent here, fur
nishing as they would, accommodation
for q middle class of residents. The
same is true of four or dve.roomed cot
tages to rent at the amounts specified,
and for any one who has $4,000 or
100000 10 invest, right here and now
is field which would yield handsome
return.
Wholesale Business.
Tho first rush is over in the wholesale
dry goods trade and iobbcrs are waiting
for repeat orders. Staple ginghams and
sheetings are reported slightly higher.
Colored goods and bleachcd goods are
somewhat scarce and tho former have
recently advanced "A quarter of cent
in price. The silk trade is encouraging
and cheap grade silks have been large.
ly excluded from tho market and sup.
plemented by the higher grade Iabrics
The dimiuution in the demand from
the smcltors Tor brick gives the makers
an opportunity TO furnish more material
for the local building trade, supply
much needed and which will hasten to
completion many dwellings
Retail Trade.
The general report from this branch
of business is that there is the usual
between season hull, but it is not 80
marked as in former years. The dry
goods merchants are preparing for fall
openings in all lines and already the
early fall business is opening exceeding
ly good All the stocks have been re-
ceivod, but are still unopened, and this
important part Of the business will be
done this week and the purse strings
will be unlooscd again The hosiery
market is very strong and the price Of
cotton hosiery remains stiff, notwith-
standing the lowor prices OF raw cot.
ton. There is steady call on the
hardware merchants for building ma
terial, and, rs usual, for mining mn.
chinery, The clothing trade looks for
n heavy fall business, now almost due,
as do the shoe men, although their sum
mer trade is not yet entirely exhausted.
Stocks and Bonds.
The stock and bond market has been
quiet. with inquiries for small blocks
Of sugar stocks, az the sugar season
approaches, with the result of enhanc.
ing the price of the same, Utah Sugar
preferred will pay 1% per cent at the
end Of the month and the semi,annual
interest Of per cent on Utah Sugar
company's bonds was paid yesterday.
During the month the Deseret Savings
bank will pay its quarterly dividend Of
2 per cent aud the Utah Savings &
Trust company it's 8 per cent semi an
nual dividend. Following arc the latest
quotations.;
Amalgamated Sugar Co., pfd ,.,... SlO1 90
Common .,.. .,.,., .......,... i76. 90
Beneficial Life Insurance Co... 98 90
Barnes Banking Co., Kaysvllle, -. 100 90
Con. Wagon q Mach, Co., pfd.. 11S 80