| Show UTAHGOO S N DEMAND Market for Provo Woolens in the East I SMALL QUANTITY SOLD HERE i TJccd Smoot Says that Notwithstanding Notwithstand-ing the Talk of Supporting Home i Industries the Provo Factory Depends De-pends on Eastern Buyers for a Market Mar-ket for from 85 to 90 Per Cent of its ProductThinks Other Woolen 1 Hills Would Pay HereBusiness Curing the Week I Reed Smoot superintendent of the Provo woolen mills was In Salt Lake yesterday en route to the East where strange to say most of the customers of his mills reside It Is strange he I said but absolutely true that between Eli and 90 per cent of our product goes out of the State and at the same time woolen goods come Into the State from o almost everywhere We old Utah people peo-ple have heard sustain home manufactures manufac-tures preached from the time we were babies It came from the street the pulpit and the press Today there are those who actually believe that Utah Is doing more to encourage home Industries Indus-tries than any other State In the Union But this Is not true Utah woolens are sent East and come right back to the town In which they were made labeled Imported or made In England or made In France as the case may be and our people pay almost twice as much as would have been necessary T had they been bought here In the first x place Why even Colorado sets ua a good example A friend of mine Is doing do-Ing a good business with a neighboring State He took considerable pride in tho appearance of his goods and was loyal to his State In that he had the word Utah appear In goodsized letters i let-ters wherever It was possible Merchants Mer-chants with whom he did business had no complaint ad to the quality of the goods sent them but wrote him that f their customers insisted upon having articles raised In their own State whenever when-ever possible The result was that the labels were changed These same people peo-ple are now consuming Utah products but they bear the name of their own State This Is a case that Utah might well emulate OUTLOOK IS EXCELLENT As to the woolen Industry I do not remember the time when it had a more favorable outlook than now Prices have largely advanced It Is true but as a matter of fact people are getting I Just as good value for their money they are getting wool not shoddy The making of a market does not In the least worry us The question is not Where shall we sell but How much I shall we be able to supply The Provo I woolen mills plant In now the only one operated In the State but there is room for many others We need have no fear of serious competition from the inside when we have such an outside demand for our goods Tho establish ing of two or three more big woolen mills here would be In my opinion a good Investment So far as homemanufactured goods are concerned what I want to Gee and what I hope to see Is the people making a demand that wo sell to themnot a pleading on the part of home manufacturers manufac-turers to sell There Is no good reason why this should not be the case The people of the East who take Utah products pro-ducts do not I take It do so out of philanthropic motives or with the idea of building up the State but rathor because be-cause they find It to their own personal per-sonal advantage to do so We talk much about our loyalty to home industries Indus-tries It Is folly Were it not for the people of the East and West tho woolen wool-en mills at least In Utah would soon bank their fires Mr Smoot will be absent a couple of weeks or more Tho State of Business Merchants complained yesterday that trade was dull compared with a year ago and It was generally admitted that the unseasonable weather was responsible re-sponsible for it all Buyers from tho towns tributary to Salt Lake were not as numerous as they would have been had the weather been more favorable when the day opened There was avery a-very fair business done however Savings Deposits Increase One very hopeful sign Is in the Increase In-crease In the savings banks deposits Heretofore they have usually fallen off during the holiday season and especially espe-cially so after the beginning of the new year Cashiers seen yesterday however say there has been an increase In-crease Instead of a decrease Demand for Church Bonds Around church headquarters It Is said there is still a demand for church bonds which are now selling at 103 and accrued interest bringing the actual ac-tual price up to 10330 Holders say they have no special desire to part with them even at that figure as they have decided that higher prices will yet be offered In Southern Idaho D H Bietham a prominent merchant mer-chant of Blackfoot Ida Is In Salt Lake on a periodical business trip He reports southern Idaho as being In avery a-very prosperous condition and believes the new year will see many improvements Improve-ments made and new enterprises augmented aug-mented Business Notes There Is a strong demand for divi dendpayers among commercial stocks e Banks generally report an accumulation accumula-tion of money which is almost phenomenal phe-nomenal Sugar stocks have receded a trifle Utah being quoted yesterday at 1470 Dcserct Savings bank stock sold In small quantities during the week at I S13C Cashier Smith was very much elated over tho way the money has been rolling In A patent for Picric flash powder has been applied for by a Salt Lake company com-pany of which Charles Rogers Is at the head It is alleged that It is superior su-perior to any other Hash powder ever yet put upon the market and It Is the Invention of a Salt Lake boy Collections from country towns have been very fair during the weelc and merchants generally Infer from this that the grangers are doing very well |
