The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-01-30
TRADE IS RETARDED
BY COLD WEATHER
Business Conditions Show Effect
Of Storms Over the En-
tire West.
VOLUME OF TRADE Is
UP To THE AVERAGE
Wholesale and Retail Mcr-
chants Anticipate Heavy
Spring Business.

General storms over thc rntcrmoun-
tain region the last week have put Il
temporary check on trade IN most lines.
but the merchants see no ,djScouraglng
note. while the volume of business for
the FIRST month Of the year shows a
handsome increase over the average for
January.
Retail trade has been as good as
could be expected, aud the patronage
Of the special sales in many lines of
wearing apparel and household goods
has been excellent. Some Of the smaller
stores have been yisibly affected be.
cause weather conditions have Kept
many lshorcrs from working. and buy
ing has been necessarily restricted 10
actual and immediate wants. The fact
hat prospective improvements and
building operations viii call for The
employment of every available laborcr
and artisan in Salt Lake within the
next few weeks is the silver lining 10
the cloud.
Shoe Trade Quiet.
Shoe dealers report quiet week,
with stocks al low mark, and the deal
crs in mon s clothing have moved their
surplus stocks at cut prices, so that
take care of their spring stocks. Trade
IN vehicles has been exceptionally good
all the month, and the demand for
farming implements is satisfactory.
The decrease in the demand for but.
ter has been a feature of tho produce
market, and sales of olcomargariue
have increased correspondingly 10 suck
point that more of this article has
been sold in Salt Lake in thc last
month than has ever been sold in the
samc period of time in Utah. The boy.
colt on meat products has not been
exercised in Salt Lake as rigidly as in |
most other cities of the country. but !
the demand has fallen off noticeably, |
according 10 local dealers.
Liberal receipts Of green vegetables
from California have made contrast |
with the last few preceding weeks, but |
high prices stand in The way Of a !
heavy demand.
Salt Lakes great aviation meet, /
which brought thousands of visitors 10
Idaho has proved boon to the mer
chants of the city, as well as to the
hotcis Many commercial travellers
from outside cities Will also profit hv
the attendance nj the meet. aS they
have engaged sample rooms and made
arrangements to entertain many out Of
Town buyers
hardware OrQcTSs
Good order sheets are being re-
ceived by the wholesale hardware con.
Germs. and they arc being filed al "A
rate that bids fair to place the vol
r1nc of January business far ahead of
last year : mark
Local bank clearings for the week
show n gratifying gain over the cor
responding week for last year, and the
clearings for tho month Will show q
gain of several million dollars
y feature of the business of the city
is the high rates of interest now dc
mandcd by eastern capital. rates gcner-
ally being double those current last
year, when there was an abundant sup
ply of cash offered around 4 per cent.
Collections are far and as good as
expected at this season Of the year
Local Securities.
John G. Cutler. ,Jr.. in his weekly rc.
view Of local business conditions and
the market for industrial stocks and
bonds, says:
Manufacturers throughout the coun-
Try report plenty Of spring orders. The
cold weather and snow. retardiug trade {
distribution somewhat, helped it in
others, and the agricultural promises
could not be better on account OF thc
scasonab!e weather. The big flood in
France has affected eastern speculative
lll'Ll hthS>
Locally. business conditions arc
bright with hope. The large quantity
Of snow stored in the mountains means
plenty of water for agricultural pur. :
poses during the hot summer months.
The merchants report fair trade during j
the bright sunny days OF the week ]
despite the snow OF the ground 1t is
a curious thing. hut foggv, smoky
weather in this section of the country
where we have so much sunshine, gives :
people the blues and they do less trad /
ing. |
Local securities are holding quite
firm. At The meeting Of the board of |
directors of the Consolidated Wagon G.
Machine company il is reported that I
tho company s showing for the past I
year viii justify tho setting aside of I
. 10 per cent dividend for tho coming Y
year, and thc declaration Of per y
cent special dividend, PAYABLE Febru
ary !, making the total dividends for :
the past year ] per cent. The stock !
Is quoted at Sl2l, cx-dividcnd Utah
Idaho Sugar company preferred has r
been in demand at SS.S1la: Z. C.. Home :
G. Real Estate company sold I
at 81 per share. and number OF small |