The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-06
TRADE COULD
BE MPROvED
business of All Kinds Not Up to
Standard of Last
Week.
MERCHANTS ARE HOPEFUL
PERIOD OF DEPRESSION is ONLY
TEMPORARY.
MERCHANTS ARE HOPEFUL

Not since the opening Of spring has
salt Lake witnessed such a dun week in
trade as last week Whether the people
have not recovered from the shock of
the San Francisco disaster, or whether
the hull was simply one OF those stag
nant periods common In the world of
trade and for which it is difficult to
lind any primary cause business men
business men are confident Of a good
trade during the rest of the month and
throughout the summer.
No startling deals in realty were re-
ported during the week although several
deals or Importance were made, and not
few or minor Importance. Realty men
say there IS steady demand for prop
erty. both improved and unimproved.
where prices are normal. but that
prospective purchasers are careful In their
Investigations and refuse 20 be caught
with the inflated-value hook.
Outside Money Coming In.
Substantial men of affairs in the com
mUnity say they do not want a boom of
any kind: that the city is moving along
IN fine shape and that the main object
is to attract investors who are looking
Tor a city in which to build either bust
races. That outsiders with money are
coming to realize Salt Lake has a good
by the class of inquiries that are COM
Banking men are not complaining and
LOOK forward TO a prosperous summer.
There is some demand from Nevada for
money. owing to the closing of the banks
Retail dry goods stores report a fairly
good business. but not up to expectations
as to what their business in the natural
OF the year. Clothing merchants are
likewise disappointed but they are not
discouraged.
Realty Deals Made.
Referring back to real estate. the most
important deal Of the week was the pur-
{ a n cfn Of
A piece of property on Market street back
Of the postoffice- Mr.. Deere bought
been circulated that he will erect a mod
ern building. part Of which will be oc-
cupied by the Utah Gas & Coke COM
pany.
futile Brothers made a few small deals.
Inc largest deal this firm made during
Mrs: I c. Close, pa North State street,
TO Gideon Snyder. for Sc 900.
There are several large deals pending
ons- The men interested expect to close
them this week
a week Of fine weather throughout
the state has had a cheering effect on
the beet planting, and in the agricultural
interests generally While money is plen- |
uful: II IS IN strong demand. fact, &C
cording 10 the banks, due 70 the i'm |
mense operations of the Utah Con-
Struction company on the Western Pa !
4 lfiC. This company draws heavily on /
All banks pending the receipt OF pay
Inents it's contracts from the Gould !
headquarters.
Local stocks have been somewhat
quiet. though there is better feeling
in sugars than for some time past
Advices from Nan1pa state that the
factory there is being rushed. and that
the beet crop in Payette and Nampa
fields is far advanced that thinning
has already begun. showing that this
part of Idaho is fully two weeks earlier
than others in beet culture.
Only a few changes in last weeks list
are noted. and the foilowing are the lat
est transactions:
AmalgamRted Sugar Co, pfd.......-s % 90
Amalgamated Sugar Co, com. ..... 40 90 (
beneficial Life Insurance CO... 101 90 /
Barnes Banking Co., Kaysville...... ~. 90 /