The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-02-18


after all, produces the best cfiects
The national political atmosphere is
clearing and tlils fact has had much
TO do with the marked Improvement in
business conditions. The fact that 1917
is a presidential year has not injured
the business outlook, the public having
already made UP It's mind 10 accept the
result of the November election with
eounamity. regardless OF which party
succeeds In electing It's candidate
Money is easier in this city than II
has been for somo time, collections are
better than in many recent months and
altogether a better feeling generally
prevails than Tor a long time past In
this section.
HEeER NJ. WELLS, Manager Utah Saw
inGs and Trust Cove have much
10 be thankful for. General busi-
ness conditions in and about Salt Lake
are exceptionally good for the time OF
year--iust between hay and grass, SO
TO speak. Appreciation in the price
OF tho things we produce is having a
stimulating effect upon tho nerves OF
business. Silver is up and copper Is
UP and wool IS up. One OF our clients
Informed me today that he had been
blocking out some sllver-lead ore In
his mine near Park City Tor several
months past With a view TO moving II
TO market as soon as he could make
favorable contract and that meantime
the rise In silver had added TO the
value OF this ore at least $4,000.
Although local copper stocks are not
materially enhanced in prlcn, the sem
tment OF local holders Is decidedly op-
tmistics owing 10 the sustained up--
ward and firm trend OF the price OF
copper. Another inspiratinG feature of
tho local bourse is the perfectly good
price Of wool upon which so many Utah
interests depend. 7 look to sec great
activity in real estate in this city in
the near future. There Is no better
indicator OF the feeling than our alb
stract department. aud just at present
II shows unusual activity. When men
like the Walkers pour their money into
business blocks II inspires confidence
In tho town. Investors will follow in
the wake OF sound business judgment.
was proud to read that the Deseret
National bank is favorably considering
building a new bank and trust block.
The more and the higher the better.
They are our jewels. The eyes OF the
investor is fascinated by a city fun of
skyscrapers. They are the magnets
that attract capital We will build
city here before we die,
JOHN C. CUTLER, President Descret
National bank-Money is very easy in
financial circles in this city and fair
~ good year seems assured General
business conditions should be excellent,
but do not look for the Improvement
10 extend to real estate business, While
business this year will be good look
for vastly, improved conditions next
year. The business revival which seems
certain this year will be merely a fore
runner for wonderful years business
IN 1918.
LOUIS n. FARNsWoRTH, Vice Presi-
dent Walker Bros. SanIeers-Salt Ialce
City occupies strong position finan-
cially and should experience a pros
perous year. The money market Is
easing UP, commercial interests are ad-
vanclng and prospects in all lines are
excellent, The improvement in business
conditions is already being felt and
strong feeling Of confidence exists.
CHARLES S. BURTON. Cashier State
Bank OF Utah-AlthouGh applications
for loans are being granted in larger
volume than at any time in the recent
the banks of Salt Lake CITY are larger
now than in years. The demand for
loans is large and Is meeting with a
cordial response. but despite this con-
dition the banks have more cash on
hand than at any time In wears. This
proves conclusiVely that the city is on
The eve OF a very prosperous year. with
business active and money plentiful.
Generally speaking. conditions arc eX-
celeut and tho outlook for the future is
most encouraging. There IS plenty OF
money availabl for all demands and
an era Of prosperity Is dawninG
HARRY p. CLARK. President of the
Merchants bank Business conditions
arc improving fast and the outlook is
excellent. A strong factor in the i'm
provement is feeling OF confidence
fact that President Taft will be renomi-
mated and reelected. Iie can he de-
pended on 10 stand between the pub
lie and any radical reduction in the
tariff attempted by congress for DO
lltcal purposes.
RODNEY T. BADGER. Cashier Utah Ma.
tIonaI bank-The business for Salt
Lake City Is good and future improve
ment. while possibly slow, will be
normal, healthy growth. While Tho
city would not be considered extraor-
dlnary in a banner year In the past,
IL is excellent as compared with prev
GUS years. and I feel very optimistic.
Sheep have had an exceptionally good
winter. and with the high prices being
paid for wool this important industry
Will add much 10 the prosperity of this
section: placing great sums OF money
prices, and the large building enter
prises are doing their share toward
bringing prosperity 10 the city.
w. w. TRIMMER, Assistant Cashier
Continental National bank-I can see
nothing but bright and rosy prospects
conditions arc extremely favorable for
splendid year Money Is easier, tho
products OF the state arc commanding
a high figure in the markets Of The
world, and the best OF udic3 lions are
found In tho deposits carried by the
banks Of the city. The amount Of
money 10 the credit or Salt Lake Citv
depositors is larger today than at al
most any other period in the history
OF the city.
BYRON GROO. Vice President and Cashier
Utah Commercial and Savings bank
W lille | md llttle or no Improvement in
present conditions. indications for the
future arc somewhat better, and | looJ,
FOR better tifncs within the year than
we have at present The Improvement.
when IL comes, should be steady and
The Dettcrment lasting.
RANK {. M'oURRrN. President Salt
Lake Security & Trust Company-Con-
dltions arc ripe FOR n great start To-
wards general prosperity 4 period of
liquidation Is now ended and there is
plenty OF money In the banks awaiting
investment as soon as n greater de-
gree OF confidence is established and
this condition Is rapidly approaching.
Owners Of ready money are in a wait
ing attitude and are beginning to
realize that the time is opportunc for
making Investments. There is a strong
disiucIinatiop towards advancing money
10 finance purely speculative enter
prlses, but legitimate business can Sc
cure any reasonable amount OF back
ing.
Tho conditions UndcrIl ing tho prcs-
snt financial situation are healthy In