The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-01-20
HEALTHY TONE IN
TRADE CIRCLES
Wholesale Houses Are Receiv-
ing Orders from All Dr.
reCtionS.
MONEY RATES UNCHANGED
SLASHING REDUCTIONS MADE
IN RETAIL CLOTHING.

The week in business circles has been
typical of mid-winter conditions. No
especial activity in any one line. but
a generally healthy tone prevailing in
all. Money rates remain unchanged
Win plenty Of cash on hand to take
care OF all legitimate business needs.
deposits are heavier than a year ago.
ana clearlngS about the same. Bank
eIs ana business men generally are in
clIiled TO take an optimistic view of the
future
Inc realty market for the week has
peeh devoid of special feature Some
sales running into the thousands have
been made, and several important deals
are pending. The firm of futile Broth
SrS Is pussy drawing up deeds and other
regal papers III connection with the re-
cent Newhouse purchases, and an
Houhces that the greater part Of the
money to be paid for the property re-
CeIltly negotiated for will be formally
turned over early i'm the coming week
There is still a good demand for houses
OF all kinds, particularly for or FIVE
room cottages situated along the car
INES. The supply of these is not large.
In fact, by no means equal to the de-
mand, and as soon as weather condi-
lions permit it is believed that the
building of houses of this character will
be commenced on q large scale.
Wholesalers Busy.
Contrary to all precedent. the week
IN wholesale circles has been an ex-
cepuonally busy one. Orders are COM
ing i'm from all points i'm Utah. Idaho
and Nevada. and houses are continuing
TO send their travelling men further
aield every day. The advantages of
such policy are becoming daily more
apparent There have been no material
changes in prices during the past week
and while eastern goods are at times
delayed considerably en- route on ac-
count of prevailing transportation con-
dltions, there is no particular shortage
in any one line and none is looked for
for the present at any rate
Commission dealers report a week of
unexcelled prosperity. Fruit of all
kinds is plentiful, with fresh carloads
arriving almost daily. Eggs have been
the main feature of the week, the pre-
vailing price being about So a case A
few days ago it was expected that there
would be decline in price, but the re-
cent cold snap has had the effect Of
preventing this so far, although it is
altogether likely that the next few
days will see a marked drop. Fish of
all kinds is plentiful at about normal
prices. Prospects i'm this line are per-
baps more favorable at this time than
they have been for some time past.
In Retail Lines.
The clothing trade for the week has
been excellent. especially i'm ready
made garments and overcoats. Large
reductions have been made to dispose
of winter stocks. The cold weather of
the past few days has caused a heavy
demand for footgear Of all kinds. more
no rffp ri hi
has also been good trade in rubbers.
and if this keeps up it is not unlikely
that n shortage will occur. Leather of
all kinds is still high and, from present
indications. is likely to remain so. Mil
linery is quiet, but now that the new
spring styles have commenced to make
their appearance. a brisk demand is
looked for in the near future The dry
goods market is active i'm all depart
ments, and heavy sales Of hardware
and sporting goods of all kinds con-
tinue to be the rule.
Stocks and Bonds.
Consolidated Wagon & Machine COM
pany and some OF the Sugars were
about the only stocks dealt i'm to any
extent. The demand was fairly active,
but holders were for the most part un-
willing to part with their securities.
The Deseret National bank and the
State Bank of Utah both paid quarter
ly dividends during the week of 3 per
cent and the Western Loan & Savings
company distributed 61s per cent to
stockholders. The Idaho Sugar COM
pany has declared a dividend of ~
per cent, payable March so. and in con-
sequence the stock has risen several
points. All the local industrials hold
firm at current prices. The latest quo
tations are as follows: