The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-01-16
TRADE CONDITIONS
SHOW IMPROVEMENT
Continued from Preceding Page.

Continued from Preceding Page.
| TO next year With this end in view,
prices on practically all lines have been
cut to an extremely close margin and
| the advertising managers of the large
| stores have carried out their instruc.
| tons TO tear loose and move the
goods, -
Advertising Results.
''Thls advertising campaign at the
beginning of the year has shown re.
suits IN an unmistakable Manner said
the advertising manager of large
local concern Saturday. ''Every store
IN Salt Lake has had some special in
ducements 10 buyers in the January
sales and the liberal advertising on the
part of the large stores has induced
buying movement that has spread to
every line Of merchandise. The result
has been that goods that otherwise
would have simply remained on hand
with their value decreasing all the time
have been exchanged for good money
and IN most lines the stocks on hand
are exceedingly small, although we have
managed TO keep good variety that
viii last until the spring shipments ar
rive
Incidentally, Salt Lake right now is
furnishing great business for the trav-
cling men. Most OF the large stores do
from the manufacturers. sending buy
erS east 10 make the selections and
making only occasional purchases from
the travelling statesmen. Now. however
stocks is some lines arc so depleted that
the travelling men have been receiving
rood filing up orders for immediate de
livery
Linens. dress goods OF every descrip
ton ready made garments. fancy goods
and shoes have been leaders in the
sales of the last week. The trade in
shoes has been particularly good, with
special sales the order i'll practically
every shoe store and shoe department
4 few local dealers are already max
ing special displays of carpets and
rugs, although the rush in these lines
is not expected until the opening of
spring.
Hardware Lines Active.
In hardware lines, orders were re-
ceived in gratifying volume from the
travelling statesmen who have Just
started out The demand for farming
implements and supplies is a marked
feature of this trade and The implement
and vehicle trade is anticipating rec
ord season Trade in mining machinery,
which, for the last few weeks, has been
practically confined to small goods and
supplies, is showing signs of more
activity with a promise of exceedingly
good demand before spring Lumber
dealers are anticipating record sea,
son, beginning in about sixty days, and
they are using every effort to bring
ing capacity. Within the last two days
there has been an increase in the de,
mand for building materials of all
kinds, this demand, like that in many
other lines, huctuatlng with the ther-
mometer,
The temporary suspension of business
on the Salt Lake Route on account of
the washouts in the Meadow Valley
wash has had its effect on local busl-
ness and resulted in shortage OF Cali
fornia vegetables on the local market.
Hotels and local iobbers have also felt
the effect of the loss of the direct line
to Los Angeles and the resumption of
through traffic again will be hailed with
delight by the business interests OF
Salt Lake.
The fuel situation has been serious
problem for local coal dealers the last
week, but there has been no actual sut-
fering in the cfty on account of the
shortage and the manufacturing indus
tries have not suffered, A gradual i'm.
provement in the conditions is expected
and the railroads give assurance that
they will continue TO do all In their
power 10 relieve the shortage.
LOCdl SGCullJlGo
John C. Cutler, Jr, in his weekly re
view of the market for local industrial
and financial stocks and bonds, says;
Locally. business has not been as IA
vorable this week as II was the first eight
days OF the month. The washouts caus-
ing the closing of the Salt Lake Route
direct to southern California brought
about higher prices for greenstu(ts, or
anges and other foodstufIs. The snow
storms in the mountains tied up some of
the freight trains on other lines, and the
prolonged cold weather made IT bad for
The sheep and cattle on the ranges.
The heavy demand on the banks for
funds brought about firmer money mar
ket. Bank clearings were lower than for
the same week last year, Then all over
the town merchants are having clear
ancc sales" etc. But despite all these
adverse conditions of trade the prospects
are bright for the active resumption OF
business earlier In the season this year.
Local securities are holding their own.
There has been good demand during the
week for Consolidated Wagon and Ma
chine company. and sales were made at
S1l9 per share. Large blocks OF Utah
Idaho Sugar company preferred have
changed hands at 1915 TO $3.50 per share,
Bonds have been in strong demand.
Quotations.
Following are quotations on local
securities, based in part on actual sales
the last week:
Amaleamated Sugar Co. pfd. S 90 90