Show SHOWS FAITH IN SALT LAKE CITY GITY 6 George Ge rge M Hard Hardware Hardware Hardware ware Company Makes Change Chang I HOUSE HO SEWILl WILL BE JOBBER ONLY 4 CONFIDENCE CO I N IN I n THIS TERRI TERRITORY TERRITORY TERRITORY TORY CAUSES STEP STEF t Thoroughly impressed with the pres present present present ent and future possibilities of the Salt Sal Lake Jobbing field feld the directors of of the George M Il Hardware company decided yesterday to with withdraw wih withdraw draw from the retail trade and con conduct conduct conduct duct an exclusively wholesale business The capital will wl be increased and the firm will vill wU be the only exclusively whole wholesale wholesale wholesale sale hardware house between Omaha and the Pacific Paci c coast and one ope of the largest west of Chicago J H Paterson vice president of the I Wells VeIs company of Chicago one of the greatest wholesale hardware houses in the United States has en entered entered entered the th directorate and will be as associated associated with wih C N Strevell in the man management management management He will retire from the Wells Yens company The crockery department of the company was sold a short time ago to Callaway Calaway Hoock Francis Yesterday Y the tin tn and sheet metal and furnace departments were sold to John H Jones William M Il 11 An Anderson Anderson Anderson derson William W Y Edwards and Jo Joseph Joseph Joseph seph J 5 Kjar old of the firm who have been conducting this de department department department They wilt will wil do business under the name of Jones Anderson Ed Edwards Edwards Edwards wards Kjar with wih headquarters in inthe Inthe inthe the Menzies Menzles building on Pierpont PI street The rest of the retail business will 1 be besold besold besold sold as soon as a customer can be found and the firm f will wi withdraw from its is present quarters South Main street streetA A new building to cost approximate approximately ly Jy will wi be erected as soon as a possible on lots owned by the com COIn company company pany at Third Thir South and Third West Ves streets The structure will wi probably be three stories and a basement and it itis itis itis is expected that it will wi occupy practically practically rac all al the ground gound feet A Aspur Aspur Aspur spur from the Oregon Short Line will willbe wi willbe be built bunt so that cars can be run di directly directly recty into the building The company held its Is annual meet meeting meetIng meeting ing yesterday and three new names appear on the list of directors The three are re J H H Paterson of Chicago W S and George Georg e T Odell I The board was wa increased from five to seven members and W B Outcalt who remains as secretary retired to tomake tomake tomake make Foam room for the third third man The new board is as follows Charles N Strevell president J H Paterson vice O 0 J Salisbury W WS Ws WS S George T Odell W V Rice and George M Sd Scott Scot o The Th present capital Is and the surplus 00 The capital will wi later be increased Faith Fath in i the te Future This change chang has V been een en in contemplation platon for some Mr Strevell Str veil vell vel last lat We have felt fel that the possibilities of the th wholesale field fied feld were so great g at that it i would pay to devote our entire time to this busi business business business ness At present 60 per per cent of our total sales saes are in the wholesale de do department de and we believe beleve that tat with wih our ou better beter facilities the decreased expense and the Improved advantages in buying under un er the new system we can cn increase this business greatly heat The fact that we will wi be directly on 01 the railroad will willin wi willin i in itself effect a great gret saving With Wih the te field fed just as it i is we are I confident we We can develop much more business but in addition additon to t that tha we look forward to great development in inthis inthis Inthis this territory At present we are sell selling sel ing goods in Utah Idaho western Col Colorado Colordo Colorado orado ordo and and Wyoming Nevada and parts part of Montana We expect to increase our business in this thiS territory and to pread out clear into Oregon Development of Territory People are settling Up tip this terri territory tory rapidly and with the be building of two more railroads into Salt Salt Lake and the carrying carrying out of other othe projected en enterprises enterprises enterprises the development should be great indeed We want to t be ready for it it especially since we know that there is already a good field feld without counting on these prospective changes Mr Ir Paterson Is 15 one of the te best whole wholesale wholesale sale hardware men in ln the country and his entry into the company c means ns a great hea t deal The business will be managed joint jointly ly by Mr Paterson and myself He will wi go east in a few days to spend the next two months laying in an en entire entire T tire tle new stock We shall not hadle handle mining machinery machiner but will do a whole wholesale wholesale wholesale sale business in everything classed as hardware For the present we shall continue our wholesale business from our present quarters quarter moving into our new completed building just jut as soon as it i can cn be Mr Paterson has been connected with wih the wholesale hardware business with wih headquarters in Chicago for twenty seven seen years ear Opportunities in n Salt lake lakeI I am making this change because bec use useI I believe beleve the opportunities are better betterin bet r rIn in Salt Lake than Chicago he said aid This city is admirably located for a jobbing center and my frequent trips to the te west have convinced me that there will wi be great development In this part of the country The tributary ter ten territory is immense and the city should in time do a great jobbing business It I is years since George M II 1 Scott founded the te business now con conducted conducted ducted by the George Ge rge M Il 11 veil vell el Hardware company The firm was then known as Scott Dunham Cc CG Later it was changed to George GeorgeM M Il Scott Co Mr Strevell came to Utah from Montana and founded the Strevell Hardware company in Ogden Five years ago the two concerns were merged under the name of the he George Gerge GeorgeM M Hardware company compan the present organization |