The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-01-07
General Conditions Are as
Good as They We're a
Year Ago.
WHAT SALT LAKE
BANKERS HAVE TO SAY
All of Them Take an Optimistic
View of the Situation, and
Predict Bright Future.

Outlook for business In Salt Lake
for the coming year was never better
than at the present time. General
business conditions are as good as they
were year ago, and the prospects are
better today than they we're last year.
During the last quarter of 1910
weather conditions initiated against
business, but taking the year through
the balance Sheets, when the books
were closed on December 81, showed
up better than did the year 1909
Talks had by The Tribune with
bankers of Salt Lake on Friday dis
close that these gentlemen take an
Here is what these fnanciers say:
M. II. Business conditions arc
as good as they usually are at this
dull period following the holidays.
but within six weeks two months
conditions Will be much better and |
look for brisk spring trade. can't
help but feel certain that we are GO
ing to have a very prosperous year.
Locally. the prospects are good and
nationally conditions are excellent
The money market in the east has
suited beneficially all over the coun-
try.
w. w. Armstrone-There Is no question
In my judgment but the business men
OF Salt Lake City In general are in
better condition today than they
have been in a number OF years pnst.
While the year 1910 was quiet one.
trade sales In nearly all cases have
been up with those OF 1909. and eco1-
omy and retrenchment have been the
order OF the day throughout the en-
tire year, The result Is, no doubt.
shown in increase OF profit and q
healthy. normal wholesome condi-
ton OF business in general. The out
look for the coming season could not
he better to the man of business. To
the business man who Is furnishing
which go 10 equip our mines, orr
mills and our farms. the outlook IS
very bright, but 10 the business man
who caters 10 the luNuries or the
speculative desires Of the people, the
year 1911. as has been the year 1910.
will not be extremely profitable.
Rodney T. Badger-Business conditions
are all right. The quietude of the
fall was natural, but. generally
speaking. conditions are excellent and
the outlook for prosperous year de-
cidedly favorable.
C. S. Burton-T do not know OF anything
which could be viewed with alarm or
which might tend 20 produce any un-
edS1neSS with EeicTEUte 10 lllduCldl
conditions either locally OF in the
country at large. On the other hand
do know that conditions are good
and that the country is decidedly
prosperous. Il is true, perhaps, that
locally the past year has not been
as prosperous as other years. but that
IS a condition which is rapidly ad-
Justing itself. and it is one which
should occasion no concern. Money
is easy throughout the United States
There is no trouble In the great
money centers OF New York and Chi
cago, Money recently dropped from
per cent to per cent which is q
certain indication Of prosperity.
II. P. Clark consider the business out
look for 1911 to be unusually good.
The crop production for 1910 was the
greatest in 9le history of the ceun-
try. Livestock OF all kinds is bring
ing good prices. The outlook in the
mining industry is first class. A new
and active interest is being taken.
that field, Local business conditions
show a marked improvement since
the holidays. ] can see no reason
why 1911 should not be one OF the
most prosperous years in the history
OF Salt Lake City and the state of
Utah,
w, r. Earls-Although the trade has rot
come up 10 expectations this fall and
winter. there is nothing In condi-
tions to give cause for any uneasi
good at least as good as they were
"a year ago. and the prospects are
better than they we're at that time.
w, S. Acknowledgement business con-
ditions are good and there need be
fear OF any instability In busi-
ness. The only thing | know OF
which might occasion any concern
with reference TO local business con-
ditions is the fact that We have had
open winter. with the natural re-
suit OF course. that there has been
falling off in retail business. In
some quarters the business has not
come up to expectations and more or
less concern has resulted How
ever. there Is no occasion for any ap-
prehenslon.
Heber M. WelIs-Salt Lake City is but
the fingers or toes of the great body
whose pulsating heart is in New
York and recent advices from the
heart are TO the effect that conditions
are much improved. / believe they
are. / note In the dispatches that
the railroads are approving great
budgets of expenditures for better
ments. and this is always a good
sign. Locally our payrolls have de-
clined somewhat. municipal improve
ment having slackened and many of
the buildings nearing completion.
But ] know of many improvements
contemplated In our city and its vi
vnity which viii rehabiitate the pay
rolls.