The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-14
MERCHANTS HAVE
ALIVELY WEEK
Two Big Excursions and Real
Estate Day Bring in Hundreds
of 0ut-of- Town Buyers.
LUMBER PRICES GO UP
MIDSUMMER SALES ARE ON AT
ALL THE STORES.

Local merchants will welcome more
get acquainted" weeks. The one which
closed last night proved a big success
from almost every viewpoint, and the
volume of wholesale and retail trade here
has been the largest of the summer.
A big excursion from the Tintic dis
trict and intermediate points early in the
week, Real Estate day Thursday and an
excursion from Butte, Mont, and other
points yesterday, bringing over hun
dred business men and their families to
town, is the partial record for the week.
1t has been a shopping week first and
last and the amount of business handled
by the retail stores has been the feature
OF the week. Practically every big store
in town has advertised a special sale for
the past few days and altogether a rec
ord volume of trade has been recorded.
The wholesale and jObbers Jared near
ly as well. for the majority Of the houses
had notified their country trade that
during the week they would allow spe-
cial discounts on ali bills Of goods or
dered.
Banks and Real Estate.
The banking situation is unchanged
There is plenty of money apparently and
clearings maintain the mark set the past
two months. Bankers are feeling more
secure on crop reports than they have
for some time and rates are unchanged.
The real estate men have been too busy
getting the celebration Of their day at
Saltair off their hands to handle any
thing very large in transfers. The event
was a success and will net the assOcia-
ton approximately 5000 for their cam
paign of advertising the city and main
tanning their association work locally.
The market. however, is active with in
quiries. Values are holding strong. Res
idence property has changed hands dur
ing the week in a very active manner,
Small business properties are picking up
under influence of an increased inquiry
along this line. Rental agents are having
hard time finding locations for COM
mercial renters, and there is every indi-
cation that rents will go higher if any
thing this fall on the smaller class of
stores in the downtown district.
Building Activity.
Contractors are taking every advantage
of the present run of good weather and
work all over town is being, rushed as
rapidly as possible. There is a scarcity
OF laDOr, skilled and unSk1lled, but not
sufficient as yet to cripple operations to
any extent. The big jobs are moving
along remarkably well. Thompson &
Starret expect the first shipment of steel
Tor the Newhouse building and Boston
block to arrive here the latter part of
this month and by that time they will be
ready TO set it up. The work of put
ting in the concrete foundation piers is
progressing satisfactorily and the retain
ing walls of the Newhouse building are
nearly completed. They are of rein
forced concrete The steel work on the
JuuBt bullulHB Is competed 10 the sec
Ond floor. The interior finishing of the
Utah Savings & Trust cOmpany's new
building is now being done. The present
Oregon Short Line depot is being moved
half a block north from its present lGca-
ton and work will soon be started on
excavations for the new station. Word
reached here yesterday from one of the
high officials of the Denver & Rio
Grande road at Denver that plans for
the new station of that line here are
now rapidly nearing completion. the orig
inal plans having been enlarged Work
men are now putting In six tracks on the
site of the new station TO handle ma
terial
The feature of the week with the Ium-
the Chicago office of General Traffic
Manager Stubs of the Hartman lines
that on September or October / freight
rates on lumber throughout the country
are to be increased from to 10 per cent.
This means higher prices for lumber to
the consumer. and with the building
now going on here and with what is IN
der way for fall this is an important
matter. Lumber is coming in very free
" at present. but dealers declare they
viii have serious car shortage to con-
tend with this fall and winter.
Other Operations.
The street railway is rushing work on
track relaying operations about town and
especially in the downtown portion of
the city. Trouble is being experienced
in several places by heat bulging the
rails that are unprotected by ballast or
pavement.
The street car company is seriously
crippled In many parts of the city
through lack of men. Work is soon to
be started on putting in the grand union
Icrr- of raF11-r ror71 F-o- 1A h. IN,