The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-06-04
BUSINESS AND TRADE.

Business in this city showed decided
signs Of strength during the week The
bank clearances swung 10 the increase
column, and the business men expressed
satisfaction with their trade Although
there was u holiday, the roundup OF
the week shows very well. with The re-
turns for May giving a clear increase
over May Of last year. Both retail
and wholesale trade have been fully
up to the average, with retail mer
chants recording a good, steady demand
in all lines, The money market appears
stronger. and there is general help
| ful tone about business IN every way.
Building has been pushed with strong
activity, with new permits constantly
issued. The finishing work on the busi-
ness blocks and dwellings heretofore
undertaken is being diligently done.
| The Board Of Education officials
who went cast to inspect the best
modern plans for schoolhouses and
their Quitting have returned. and will
doubtless be prepared to go on now
or very soon with that structure. The
| Capitol Commission has determined To
visit Eastern States and inspect capi
tolls of cost bearing relation to the
expenditures that would be permitted
for Utah s capitol.
The realty trade in this city this last
week has been fair, minor sales being
reported, and the completion of deals
started sometime ago
Throughout the State there have been
signs of much activity in launching
colonization and reclamation schemes
in different sections. The dry farming
propaganda has received great boost
by the weather of this spring; he dry
! farmers Will undoubtedly do well this
season. There is constant flow of in
quiry relative to farm lands from dif
ferent parts of the country, these in
quiries ranging from inquiries about
| small farms TO large areas TO be i'm
proved by investment concerns or occu
| pied by colonsts.
The wool clip for the season has been
completed, tho result showing rather
smaller weight for the aggregate clip,
with longer and better fibre of wool.
The market. however. is not satsfac.
tory, and much wool Will be stored
The main track ON the Short Line
branch from Burley TO Oakley. Ida, has
beeu laid, and the announcement is
made that that extension viii he open
for service in July 1T will tap Twin
Falls and Goose Creek irrigation lands.
Attention Of mining circles for the
past week has been centcred upon the
| Supreme Court tobacco. decision, and
| various opinions are obiaipable rcla.
ness interests. There was considera bic
liquidation of stocks Wednesday morn
! ing by timid investors. bat the buying
| following the break Nas good. and
stocks began to fall into strong hands
in expectation Of better market con
ditious The markets East for several
DAYS have been attractive, and senti-
ment seems TO have been greatly en-
couraged
Copper circles naturally have been
attracted TO the reported negotiations
for big merger, but since Monday
nothing definite has been released in
regard TO such move. It is thought
by the best informsd that any merger
viii he held mp pending the settlement
of the American Tobacco company s
complications by the lower courts. II
is hoped that model corporation viii
| be the result of the court s action, Civ.
| ing some definite idea to the country
as to what corporations can and cannot
DO, and what they should or should not
ne
Tho local stock market has lacked
anything partaking Of boom times, but
stocks as q rule have held well, with
good public trading among the features.
The news hat the Knight interests had
entered into . new and very favorable
ore contract, by which Il great deal OF
low grade ore can be shipped imme-
diately 30 market, brings Il good ton
mage into available form for dividends.
| lIutlcS as a whole are very attractive.
and they doubtless will retain their
leadership of the local board
Copper is steadily strengthening in
price aud sales are being made i'm con
siderable quantity. The metal is eX-
pectcd to reach 1919 cents a pound dur.
ing the. new week. Lead and silver
have held quiet but steady for some
time past.
Throughout the country there is con
timed conservatism in business, but
! ihis is cnIiNcncd hN - growing conf