The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-11

temporary lull is giving them an oppor.
tuni'ty to secure a big stock with which
to meet the demand when spring trade
begins The retail hardware merchants
are stocking up with farmers hard-
ware, saddlery and harness. The ma
chinery trade has been good and the
trade in automobile supplies has been
excellent, Owing to the condition OF
the roads in the mining districts the
weeks business IN mining supplies was
dull, and as spring building has not yet
begun the demand for builders hard
ware was light. Deliveries from the
East arc slow because. 1T is said, tho
railroads have more work than they
can handle.
Wholesale Business.
The week g feature in the wholesale
grocery business was 3O-cent rise IN
the price of sugar. This brings the
price of sugar back to where 1T was
about three OF four weeks ago. Beet
sugar sells Mt $500 and cane sugar Mt
$500 Business generally was good and
the only grievance that the wholesale
procers have is the uncertainty as to
deliveries of freight, This uncertainty
is not limited TO long hauls, but holds
in regard to freight traffic between tins
city and some of the tributary terri
tory.
Conditions in the wholesale dry goods
business were somewhat improved by
the arrival OF delayed shipments from
the mills There seems to be no limit
to the amount of goods that the Job
bcrs arc able to take care of and az
a consequence first agents who handle
prominent lines of staple goods are
still advancing prices. The demand for
sateens, twills and print goods is very
steady. The Jobbcrs also report re-
markabe sale of print cloths and fancy
cottonS.
Department Stores.
The department stores are now feel
ing the first touch of Easter. Shoppers
arc beginning TO buy Easter suits, mil
linery, fancy hosiery and Oxfords. The
millinery departments are, Of course,
taking the lead and seem to constitute
the center OF attraction. The buyers
have all returned from the Eastern
markets and the deliveries of Easter
goods are arriving-a fact which is sur
prising the merchant, since he has not
forgotten his Christmas experiences.
Some of the goods which he had or
dered for Christmas arrived during the
month of January. There is Il heavy
demand for spring neckwear, ribbons,
silks, dress goods and waists, with an
occasional inquiry for Oxfords. The
trade in footwear was rather dull dur
ing the week, owing, doubtless, to the
cloudy weather. \ touch Of spring will
give this branch of trade wonderful
impetus.
Stocks and Bonds
The commercial stock and bond mar
ket was active during the week. The
greatest activity was in sugar stocks,
while bank stocks and bonds were firm,
with few offerings. Several hundred
Sh Of 10
sold for S2.40 per share. Some good
sized blocks OF Western Idaho sold for
from $3.50 TO 500 per share, and
Idaho Sugar company for $3.50, Ru
mors were current of consolidating a
number of sugar companies.
AT the end of the present month tho
Idaho Sugar company Will pay it's "a
per cent, and the Utah Sugar company
will pay the dividend of ~ per cent.
tutlons pay dividends in April.
4. c. NJ. l., per cent; Deseret Ma
tional bank, 8 per cent; State bank,
per cent; Home Fire Insurance com
pahy, 2 per cent; Consolidated Wagon
and Machine company, preferred and
common, per cent; Amalgamated SUI
gar company, preferred y per cent.
and common per cent; First National
bank, Ogden, per cent; Thatcher
Bros Banklng company, Logan, 2 per
cent; Ogden Savings bank, 2 per cent;
Provo Commercial and Savings bank,
per cent; Zion's Savings Bank aui
Trust company, per cent; Rocky
Mountain Bell Telephone company, lIa
per cent; Sugar CITY Townsite com.
pany, 21a per cent; and Utah County
Light and Power company, 3 per cent
on its bonds.
Following are the latest quotations:
Amalgsmated Sugar Co. pfd .s 90, 90
Amalganated Sugar Co., com ono. 16s 90
Beneficial Life Insurance Co. ....... 100 90
Barnes Banking Co. Kaysville - 40 90