The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-01-19
BUSINESS AND TRADE.

Tic week has had mild, pleasant
weather. with snow, and its business mas
been marked by great number of spe-
cial sales by the stores. Trade has been
extremely active in these sales.
Money appears to be plentiful ana
collections are good. The bank clear
anccs of the week show a gain OF ga
per cent over those of the corresponding
week last year. General trade is said
70 be exceptionally good for this season
OF the yenr. which is commonly dcslg-
mated the off season, or botwiIt and be-
tween Snow and slush in tho outlying
districts have interfcred with the com
ing Of many women into tho business
district to do their trading.
Home selling and renting continue
brisk Prospects for considerable in
crease in population next spring are
considered good,
Secretary D. T, Collett of the Manu-"
facturers' association, reports that
many inquiries have come from Eastern
manufacturers who contemplate vari-
Gus industries in Utah.
The realty market has been inactive
during the week, as is natural in the
winter season, but the outlook is bright
for good business in the near future.
Tho most important matter pressing
in the local railroad field is the effort Of
tho National Education Association to
get better rates for holding their annual
meeting next summer in this city, The
proposition is under consideration by
the passenger association.
Officials OF the Oregon Short Line re.
turned from trips over the lines of the
company in Idaho, reporting everything
we'll.
e. L. Brown. vice president of the
Denver & Rio Grande, being here on Il
business trip, tells Of the progress Of
improvements on that system.
A great order has been made by the
Oregon Short Line Of new engines and
cars for the season Of 1913.
The Salt Lake Route established a
new record during the week in running
train to Los Angeles from this city in
twenty-one hours and six minutes.
A pronounced weakness in the Lon
don copper market, and the almost COM
plete absence Of the consumer from the
metal counters Of the United States,
have resulted in considerable amount
Of uncertainty, and the decentralization
Of the market during the past week has
been remarkable. Domestic producers
have been acting in concord to more
or less extent in regard to keeping the
price of copper at 17M cents per pound,
but the break has occurred, and it now
appears as if it is each fellow for him
self. a still further reduction in price
is anticipated, and if anything will en-
courage the consumer to buy metal it is
this break in the price.
Weather conditions for several days
have been vastly improved over what
they were at the beginning Of the
month, and operations in the majority
of the camps of the State are back to
as nearly normal as could be expected.
The shortage of railroad cars is being
felt severely by the ore producers. one
drawback to the car supply being freez-
ing ore and the difficulty experienced
in unloading shipments at the samplers
and smelters.
An effort is being made by the of1.
cials of the local stock exchange to or
ganize a bureau supported by the bust
ness men Of the State, the purpose of
which will be to gather and publish ac.
curate mine data for the benefit Of the
public, and to encourage the Investment
of Eastern capital III Utah mining prop
critics The purpose Of this bureau is
commeudable, as ii is Eastern capital
that is especially needed for this pur-
pose in Utah.
Outside of the weakness in copper.
metal market conditions remain prac-
tically unchanged. Lead seems to be
pegged at its present point until more
definite action tariff-wise is taken by
Congress.
The general commercial agencies Of
the country report the sentiment con-
scrvatiye, but very confident Of contin.
ued progress and prosperity. Business
is up to the mark, although conserys-
tism is seen in the orders as made. and
there is IN eye kept always TO Washing.
ton in fear that tariff revision NAV
hurt