The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-15
BUSINESS AND TRADE,

BUSINESS AND TRADE,
roundup of the conference trade, and
accordingly a good showing in the
bank clearances. a gain over The cor
responding week last year,
The week 5 business has been good
with the merchants, with fall trading
in good volume. Additional shipments
Of goods from the East have bright
ened tho shelves and tho display win
dows. Counter sales IN cash have a
high ratio to charges. All business
firms carrying sessonable merchandise
had a good week. Collections are very
good
The building operations for the sea.
son arc being closed out. carrying good
activity right along, An important
building in project developed during
the week in the call of University
regents upon the State officials for
the 100000 available for building the
University administration building
The regents are now prepared to go on
with this work
In the realty market inquiry for
homes and properties is unusually
strong The aggregate of business on
hand is much in excess Of the figures
for the preceding week The demand
is not speculative, but the market
maintains r healthy tone Municipal,
corporation, and private improvements
continue. The price of building mate
rails is somewhat less as the demand
slackens
The chief railroad event of the week
was the annual meeting of the Union
Pacific and the Oregon Short Line sys-
TENS here. All passed off quietly,
with full stock representation. The
strike on the Hartman lines has
dragged on without noticeable change.
The Denver & Rio Grande engineers
closed their conference in this city
last Monday.
The exhibits at the State Fair
showed n wonderful year for all crops
in Utah. 1t was the greatest exhibit
ever made, and the farmers are corre.
spondinGly happy and well fixed with
the necessary cash to carry them
through the year and pay their taxes
throughout the State The markets
Weld high prices. with eager demand.
The feature of the past week in cop
per circles was the release of the Sep
tcmbcr statistics by the American COP.
per Producers Association, by which
it was shown that the domestic sur
plus was increased by 7,543,355 pounds,
bringing this surplus on October 1st,
to 40,S94 $50 pounds, Production dur
ing September reached the 1l5, 1853
pound mark, decrease of almost TO-
1000 pounds against August; do.
mcstic deliveries were 57,3l15S4
pounds and exports, 50,s24,o11 pounds.
The largest falling off was in exports,
the decrease over August being about
100000 pounds.
There have been several develop
ments during the past few DAYS indie.
ative Of improved mining conditions
In Utah, and two copper mining com.
panies, the Utah Consolidated and
Yampa. are doing especially we'll des-
pite severe metal conditions and past
The Utah Copper com
pany continues its steady output of
copper at low cost, maintaining its
prestige without a break, this being
the largest individual producer in the
world.
drop of practically ten cents per
hundred pounds for lead was an ad |
verse feature Of the week, although
this was forecasted the week before.
1t is not an easy matter to gauge lead, |
the industry being in close hands sta.
tlstically, but the metal naturally suf |
fers from depressed industrial condi. |
tiops as 1t enters into so many phases
of our business life. Weakening lead
prices are especially unfortunate at
this time. for many producers are shin. |
ping ore of such low grade that not
a great deal Of profit is left even with |
lead at $3.50,
Marketwise, conditions both east and |
west remain unaltered The big east. |
ern boards seem well deprived of weak |
tN''putS' anu participation IN STOCK |
dealings is left almost exclusively to
the professional element The shorts |
have about squeezed their fill from the
iemoralizcd markets. and tho con.
structive side is disposed 10 lend aid
at times which makes the bear element
rather careful
The commercial agencies OF the
country report the volume OF business !
as larger than at the corresponding |
period last year. with gradual cxpan.
sion. Reports from leading trade cen,
icrs during the week were especially |
,hecrful. No decisive change Is noted, |
however. in business conditions; and |
he increased activity is due 10 the
empty shelves. these empty shelves
.cstifying 10 the cautious buvinc Of
he merchants all over the country. In
ron and steel there is little slack
ness: but still business is we'll ahead |