The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-11-04
TRADE REMAINS
Up TO AVERAGE
New Bank Established at Me-
phi to Meet Growing
Business Demands.
BUILDING TRADES ACTIVE
ALL LINES SHOW THEIR USUAL
sTRENGTH-STOCKS QUIET.

General business conditions for the
week ending yesterday have been good In
snite OF the inclemency OF the weather
for the past few days. Banks report large
amounts of money on hand with only
slight demand for loans. Interest rates
remain uniform at and per cent
The week has peen devoid Of any par
ti,uIar feature other than the proposed
ORGANIZATION of d bank at Nephl IN Whcn
L. s Hills of the Deseret NaIonaI odnk
is the prime mover. Inc TOWN All Zee, es'u -.
has one bank, but the growing needs OF
the community seem to warrant the es-
adjustment of another.
'rhe labor market is practically IN the
same condition as last week Employ
,nent offices are stiH unable to supply the
demand and the fact is proving or seri-
Gus consequence 10 builders ana oSheIs
whose business depends on labor. Ih5re
are practically nc idle men IN SALT Lake
az present and from all indications put
little relief may be looked for immedl-
ately.
Realty Dealers Busy.
The real estate situation for the week
presents no new feature. A growing dlS-
position Is noticeable toward speculative
brvfng which has made the marker
rather more active than formerly: Inc
transfers are not greater than for TWO OF
confess Themselves unable to supply the
demand for houses Many people WHO
came 10 the city with the lntenuon VI
buying or renting have found II sdNLns
Of time and money to build for them
selves with the result that the SUBURBS
ere now almost oveTrun with seekers III
search of lots Rents remain nlgn Al
though not more so than is warranted ov
existing conditions
Wholesale Business Good.
Jobbers report busy week. Orders
continue to come in in goodly numbers
from Nevada and Idaho is also contrlp-
,ltinc considerably to the totals. Tue
results of the recent business mems eX-
cursion 10 the Bullfrog country are nov now
beginning 80 make themselves Iet, a a..
those houses which took ADVANTAGE OF the
cheap rates to have representatives are
now coneTatulating themselves en- their
foresight. There have been no changes
of moment in the prices of staples during
the week.
Commission Dealers Active.
Local commission dealers report an
abundance of everything on ndhu Win
but little prospect of an immediate snort
age Oats and potatoes have both risen
slightly during the week, but apart from
tI.is there have been no changes In cur
rept prices. .
Poultry of all kinds is plentiful. both
eastern and the Utah product being on
the market. Wild ducks are in good de-
mand. but the dealers have been able 70
take care of the demand. Inc recent
stormy weather on the coast had the Ell
rect of causing a temporary shortage OF
fish and shell fish during the early part
os the week. but for the last two or three
GAYS the market has been well supplied.
Building Material in Demand.
The building trades have had heavy
week. All kinds of hardware is seilnS
readily. and the demand shows no signs
of abating. Contractors and builders are
doing all in their power TO finish up those
houses which are still in process or con-
struction, and farmers are spending coll
siderable money in the purchase of barb
wire and other farm necessities, most o.
which will not come into use until next
spring. The demand for sporting goods
has decreased TO some extent. There IS
no particular shortage in either building
material or winter sporting goods, except
that lumber is still inclined to be scarce
owing to the shortage of ears for ship
nlents from the mills to the market. Now
that the eastern stock movement has
grown less pronounced, however, IT is ex-
pccted that conditions will shortly read
Just themselves.
In RetaiI Lines.
The week has been good one in near
~ ali retail lines. Boots and shoes have
been in particular demand notwithstand-
ing the higher prices at present prevail
ing. Clothing Of all kinds is selling read
fly at prices rather higher than year
ago. Dress goods, blankets, sheets, cur
tains, carpets and blinds are all in heavy
demand as are stoves OF all kinds.
Local Stocks Quiet.
There has been but little demand for
local stocks during the past week, al
though many offers have been made TO
holders who are unwilling TO part with
their securities. Utah Sugar bonds sold
during the week at s102 and Utah Sugar
and Consolidated Wagon & Machine
stocks were also In fair demand.
The month is one in which no dividends
are paid and a result the market is
usually quiet
Following are the latest quotations:
Amalgamated Sugar Co, pfd.......S 80 80
common -. 80: .........:;......... log W
Barnes Banking Co, Kaysville 49,. 40 90
Consolidated w. & NJ. Co, preferred rs OF
Common 80. ...........-............. 103 OF
Commercial National bank. 100 90
Deseret National bank. ............... 294 90
Deseret Savings bank. ls5 90
Davis County Bank Pennington. l27 90
First National bank, Ogden. $40 %
First National bank, Murray........ 100 %
First National bank. Logsn.. l90 90
Home Fire Insurance Co............ III %
Lewiston Sugar Co.....-..-.-.. II 20
I%hi Co K Savings Bank........... 127 90
National Bank Of the Republic. 49,. $50 90
ogden Savings Bank .................. 235 90
Provo Com. & Savings Bank. ,........ 150 90
Rocky Mt Bell Telephone co... s. 90
Silver Bros. Iron Works Co ...... 100 "a
State Bank of Utah .-.............. POI Of
Sugar City Townsite Co........... $50 OC
Utah, Sugar Co. preferred .--... 90
Common ...-.- .-.--.-.--.---.........- 3 OF
The Idaho Sugar Co..-....-.......... Is
Thatcher Bros Barking Co. Logan 1875 0C
Utah County Light & Power Co... / o.
Utah National bank $50 OF
Utah Savings & Trust Coz. 1O2 o.
Western Idaho Sugar Co... s.
lions Savings Bank & Trust Co... 30 OF