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Show I GOOD WEATHER BRINGS 1 SPLENDID RALLY IN l BUSINESS, ;i; Wholesale and Retail Mer-chants Mer-chants Report Better Trade f ' Than Last Year. !M ) i I ; Financial Conditions Good and . . jjj L Local Mney Ready for All : : Safe Enterprlsss, 1 i Building Operations Slow to Start, - but Plenty of Work in Sight for Mechanics. MARKED improvement in nil lines of business was noted during: tho past week, the heavy Increase ot 4f 6ale3 by retail dry goods mer it chants being especially Indicative of a Unhealthy condition ot affairs generally. BL WTho improvement is largely due, no Wr uoubt, to the good weather having off caused a general resumption of building operations and the starting of much mil new building, giving employment to Iff many worktngmcn who were tempo-Wti tempo-Wti rarlly idle. Merchants in both whole-sale whole-sale and retail lines reported business M not only better than it had been before f . HMD JCtll, UUl UIUV.ll ...... j j for the corresponding week of last year. ' j Building Slow to Start. I "While building does not show up in 3 the central part of the city to tho ex- ? tent that it will later in the season, j i there is an Immense amount of it In : ; progress- Twenty building permits, j representing a total Investment of $75,- 1 000. were taken out by a single contrac- ' tor during the week, and many houees el have been started for which permits have not yet been secured. Ground St was broken during the week for the It new SSO.000 public library building on i' , State street, and the wrecking of old buildings is In progress to make way m. for the new Empire block to be built by ft ' Perry S. Heath at the corner of South lb ; Temple and First West streets, jflfe i- In regard to the financial situation, tfl! - the head of one of the most stable lnsti- IX tutlons of the city said: j; Money Is All Right. sv "Salt Lake City is certainly in better condition than it has ever been before, and It is really only the beginning of 5 much better things. The passing of the f i financial flurry in the East without a I,- panic placea the West In splendid shape. We havo been husbanding our resources In anticipation of the worst 2 that might happen, and now that tho 1 '' worst is over we are in position to pro-lr, pro-lr, ; gress as we have never progressed be-fore be-fore It Is no flight of fancy, but an 3? actual fact, that this country Is no . longer dependent upon the East for II money. Not one-tenth of the mortgages 1 arc held In the East that were held ten years ago. All of our loans are now be-.--jllfc, lng taken by home people, and It re-ijw-' quires no strain upon their resources. SWj As an illustration of tho situation, a customer who last fall was leaving the M ' city for a time left with my house $50,-j $50,-j ;i 000, which he Instructed us to loan at 5 per cent. He was careful, however, to &t limit the time to six months, for the 3K reason, as he explained, that in that time, on account of the Eastern sltua- 6 Hon, money would be bringing a much larger rate of Interest. He was sur-:I sur-:I prised upon returning a few days ago to And that the demand for money is t not so strong as It was when he went gtf away. A "This means that from now on there (l is going to be money to invest In im-'o;l: im-'o;l: if Provcments and the extension of indus-ip indus-ip fi tries, in building and real estate, and jd'i? t other avenues the investment in which or? makes for better times. The bursting 3 : of the industrial boom In the East u means, also, that more Eastern capital tl will seek Investment In safe Western Jli j industries and Western real estate. The next years will see the most re-J re-J J jnnrkable advancement, In a conserva-J conserva-J J- tlve way, In the history of thlB lnter- ' 7 mountain country." Commercial Stocks. i Stocks of the dividend-paying "com-S "com-S lmcrc'als" are reported in good demand, f2 Ti'ith few offerings. The latest quota-gP quota-gP ,f tlons aro as follows: 2j-Dc3cret NaUonal bank 5279.00 f 7. CM. 1 161.00 Homo JFiro InHurnnco Co , 140.00 Utah Sugar Co., preferred 9 S3 ' common 3 25 State Bank of Utah H5.00 Deeorot Savings bank 27-1.00 Zlon's Savings Bank & Tru3t Co.... 137.00 fi .Utah National bank 100.00 S 'Provo Com. & Savings bank 123.00 )r-Lohl Com. &. Savings bank 105.00 'National Bank of the Ropubllc 127.00 r Thatcher Bros. Banking Co., Logan. 113.00 First National bank, Ogdcn. 203.00 JR. 7u Bell Telephone Co 82.00 "Davis' County bank. Farmlngton.... 107.CO Ogden Savings bank 14S.00 Con, Wagon &. Mach. Co., preferred. 01. CO i .' common 53.00 4 ObYemont County Sugar Co 10.00 'Amalgamated Sugar Co., preferred. 92.50 J ' common '. 105, 0) 1 Idaho Sugar Co 10.30 '3 -Lewlston Sugar Co 10.00 i Provo Woolen Mills Co 50.00 People's Co-op, Lehl 9.50 7 R Bonds- j Church , 102 Con. Railway &, Tower Co 300 :i B. L. City Railroad 303 " Pumpter Valley Railroad 102 '( Utah County Light & Power Co 103 .J A |