The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-10
BUSINESS AND TRADE.

The business Of The weel, has shown
no very striking feature, bat thcre is
decided gain in The general roundup
of the situation. The general feeling
is that the prosperity wc so fairly en-
Joy rs going 10 continue. and that there
IS little fear for the future
The Salt Lake Route has ordered
500 freight cars: the short Line has
ordered twenty Mikado locomotives,
and sixteen of these are now on the
way Work is progressing on the in
terurban line 10 run from Salt Lake
to Payson. The heaviest demand in
years is now on for freight cars in
Idaho and Utah. and the roads arc
strainiug every effort to supply this
demand
In this city binding aud real estate
activities Indicate record year. Tho
business section is expanding rapidly,
especially cast from Main and Third
South and Fourth South; also west
ward between Main and West Temple
streets. The residence sections are
building mp fast, and better prices for
realty are reported by dealers. Con-
crete work on the Newhouse Hotel is
up TO the sixth floor. The De Bou2ek
building opposite Cactus street is com
pleted. The Cheesman Automobile
Company is finishing the last structure
on Auto row on Fourth South. The
Shubricl apartment on the corner Of
Fourth South and West Temple is
about finished The old Freed build.
ing on Third South between Main and
State streets is being remodeled for
the Paris Millinery Company, and the
work is well advanced The new
Keith-O 'Brien annex on the corner of
State and Third South streets is near
ing completion; the main building on
the corner is ready. j, Il. and Athol
Rawllns are erecting store building
on the corner of Broadway and Edison
avenue, and another similar structure
is being put up by the Troy laundry
near the corner of Second East The
Salt Lake Costume Company opens in
its new five-story building on the south
side of Third South, between State and
Second East. Henry Doscher is erect
ing q four.story building next door to
the east. Other structures and blocks
are being completed on both sides to
Second East. The building statistics
for the year also indicate an increase
over the phenomenal record of 1911 of
80 per cent by 1918. The demand for
home sites is strong, and also for small
farms near the city.
Work is being pushed upon the new
high school building on the East bench,
and also on the Administration build
ing Of the University. Contracts for
the construction Of the Capitol build
ing have been let, and the year closes
in a blaze Of glory for the building
record
Retail trade in the city is steadily
increasing. Merchants are laying in
stocks for big winter trade. Cash
sales hold a high percentage over
charge sales. Collections are good, A
stimulus is felt in the clothing mar
Ket due TO the ann ual cuts IN prices
of women's suits and wearing apparel
and men clothing. These reductions
result from reduced wholesale prices
made to clean up unsold fall stock.
sales are frequent, and
will continue. Reductions are general
over the city to clear counters and
shelves for Christmas stocks. Prepara-
tions for holiday trade are in evidence
The new Auerbach store draws i'm
mense crowds.
The year has been phenomenally
good in all respects in Utah, and the
settlement of the mining strike at
Bingham gives renewed impetus to all
forms of business and trade.