The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-01-09
YEAR STARTS OUT
MOST AUSP|CIOUSLY
Business Men in Better Com
dition Than for Long
Time Past.
GRATIFYING RESULTS
OF INVENTORY WEEK
Annual Buying for the Spring
Trade Now Occupying
Merchants.

inventory week with the business
houses of Salt Lake has passed with
most gratifying results in almost every
line. Stocks arc reduced 10 q normal
basis. following the holiday rush. and
has assumed proportions which, though
seasonabIy light. arc better than for the
first week of any Of the last five years.
Trade III holiday goods. especially the
fancy lines, was unusually heavy and
few stocks of novelties for the Christ
mas trade are being carried over in any
department. On account of the extreme
" mild weather during the early win
ter, there was an accumulation of heavy
wooden goods, which is now being
cleared up rapidly since tho turn of the
weather. II rs a question in the minds
of some dealers IN clothing, however, as
TO whether the slow start i'll the sale of
winter goods can be overcome, and the
result has been determination 10
start a series of clothing sales, which
Will include practically every prominent
store in Salt Lake. Some of these sales
began last week, but most Of them will
be started this week and will continue
through January.
The shoe trade has also suffered by
the long season of mild weather al the
beginning of winter, and special sales
from now on VIII be continued by many
local stores through the month In order
to reduce stocks to a normal basis.
Annual Buying Season.
The annual buying season for the re-
tail stores is now on and more than half
of the buyers have gone cast within
the last ten DAYS, with the remainder to
follow within the next week or two,
In the dry goods line. the trade has
been all that could be attended 10 with.
out Inconvenience during the time OF
stock taking; the last week being the
only period Of the year when the large
retail stores are not really seeking busl-
ness. in the retail dry goods line. some
Of the big. midwIntcr sales are already
on and others Will he opened within
the next ten days. These sales are the
logical and customary se0uels to stock
taking, and prices IN prac tlcally every
line staple aud fancy, will be marked
to a basis which Will move them before
the new consignments come from the
cast,
While the special sales in the cloth
ing stores and departments include al
most everything IN that line, there is q
special trade in children s school suits,
and furnishings for men and women are
all specially priced this month.
Muslin underwear and linens of all
kinds will occupy a prominent place in
the sales to he started within the next
few days, and many women Of Salt
Lake will take advantage of the op'
portunities to stock up on white goods
of all kinds,
Trade IN carpets and drapericS is slow
as usual at this time of the year, but
the BUYERS are now making their selec-
tions and heavy shipments Will be made
to all of the large stores of Salt Lake
within the next sixty days. so that the
offerings in March and April. when most
of this business is done, VIII show a
wider range than ever before seen To-
cally,
In Hardware Lines.
In hardware lines it is "beiween
Seasons and most Of the travelling
statesmen who have been In for the holi-
days are preparing TO start out this
week taking orders for spring and sum
mer lines. In view Of the cipatcd
increase in building activity next spring
the hardware dealers arc prepared for
an unusually heavy demand for carpen-
ters tools and all classes of builders
hardware, The demand for farming
tools and implements for spring de-
livery is also far ahead of previous
years.
Collections, as usual for the first
month of the year, are slow, but pay
mentS are said to be more prompt than
usual for January, and no complaints
are made either by wholesale dealers
or financial institutions.
Demand for mining supplies, except.
ing small parts and repairs, is quiet
for the reason that new operations are
generally hndered by weather condi-
tions and deliveries to the remote camps
are practically impossible. The inquiry
for supplies IN this line, however, indi-
Gates that there will be a greatly in
creased demand as soon as the roads
10 the camps are opened up.
Automobile dealers of Salt Lake are
anticipating a record demand, and the
distribution of 1910 models has already
been started through the local agcn.
cics. The growth Of this business in
the last few years has placed il in the
ranks of The important enterprises of
the state. and an added impetus to the
trade viii be given by the coming auto
mobile show. On account of this show.
ers have placed their orders for 1910
models early, and the delivery has al
ready commenced.
An increased demand for several is.
sues of local financial and Industrial
stocks and bonds has been feature
of the market for local securities dur
ing the last week Consolidated Wagon
& Machine company stock has been cs-
pecially in demand on account Of the
approach Of thd regular quarterly div
idend payment of per cent this week
and the expected extra dividend Of >
per cent to be paid in February,
Following are the current quotations,
Chimney sweep is back. Griffin, at