The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-09-01
BUSINESS WORLD
j HAS EXCITEMENT
Crusade in Hope of Lower
Food Prices Is Event of
Chief Importance.
FAIR WEEK IN TRADES
TALK OF HARD TIMES AND PANIC
RIDICULED.


local commercial circles as any in years.
and the coming week promises to witness
even greater developments. The crusade
against the towering the high cost of
living here, started by the Real Estate
association in shutting out the Butchers
and Grocers' association from the Cham
Der of Commerce has awakened interest
to a large degree throughout the city, and
from present indications an investigation
into the local food trusts by a special
grand jury seems likely to result from
the public Indignation that has been
aroused.
.UnQuestionably there is a solid combina-
tiOn among the wholesale and jobbing men
OF Salt Lake and an equally strong COM
hination among the retail butchers and
gTOcers of the city, the two combinations
working together in a way that has put
the cost OF living In this city practically
on a prohibitive basis.
Public Awaits Developments.
Business men have taken a keen inter
est in the investigation being conducted
and the subject has been thoroughly
threshed over at clubs, in business houses
and on the streets The public is awaiting
Developments.
very fair for local tradesmen. Money
rates are getting a little sitter, but the
general financial situation is easier. The
Wall street predictions of hard times have
substantial business men throughout tile
country that the predicted panic is hardly
being mentioned. Eastern paper is being
offered Salt Lake banks at reasonable
rates, and there is a fair demand for
money, with deposits remaining normal
Local bank clearings are still ahead Of
ciearings for the corresponding week of
last year.
Realty and Building.
The real estate men have had their
hands fun with their fight against the
y. & G. association the past week. They
have had a demand for cottages ami
houses of ordinary size ard the majority
OF the dealers report good business, with
inquiry exceedingly strong. AdVices re-
ceived by the secretary Of the association
indicate that the realty mems recent ap-
peal to the country for investments in. res
licences in Salt Lake has caught the eve
OF the managers of western publications
Several coast publications have taken
editorial notice of the call and commented
favorably upon it. Meanwhile houses are
getting even more scarce than they have
been. This is moving time, but fewer
changes are being made than ever before
In Salt Lake.
Building operations are being hurried
along throughout the city. Contractors
with work just starting are making every
effort TO get their buildings enclosed be
fore Indictment weather strikes. Labor IS
scarce in many places and operations are
hindered somewhat Cor this reason Steel
is being set at the NewhOuse buildings, /
the first consignment coming in last week. |
The Judge building is progressing rapidly. |
The lumber market has experienced no
change. Prices are stiff Brick is becom- |
ing more plentiful and month-old orders |
are being filled. The architects about |
town report a very quiet time of it. Only |
small houses are being designed in the |
majority of the offices. The hardware
trade has been about y per cent better the !
past month than for the corresponding
month last year. The demand for mining
machinery is particularly strong.