OCR Text |
Show MERCHANTS NOV TAKING STOCK Post-Holiday Trade Hot Dead, Year's Business Exceeds That of 1903 by 15 to 35 Per Cent. Big Building Projects Give Splendid PTomiso for the New Year Stocks and Bonds. About the best that can be said of the trade of tho last week is that it was very good for the mid-holiday season Most of tho merchants wero up to their ears In the work of taking stock, but. In splto of this, business wus by no means dead. The report most generally given was that the volume of trade ln mercantile mercan-tile lines was considerably hoay ier than for tho corresponding week of tho previous pre-vious yeai Taking of stock, fo far as completed, makes an excellent showing for the year, the Increase of business over that of 1903 being generally from 13 to 35 per cent. Salt Lake Jobbers ure especially pleased with the increase shown ln their business, busi-ness, and are enthusiastic over the outlook out-look for still better things promised them for the coining year by the final success suc-cess scored by the Commercial club In securing a readjustment of freight tariffs tar-iffs which, It la believed, will do away wdtn mmv of the discriminations against which they have labored. Tveal Estate Quiet. Real estate Is naturally Qiilet at this time, but the close of th year haa witnessed wit-nessed an Increased demand for Income property Investments which promises well for a lively market with the opening of business for the new year. With the Short Line's magnificent new passenger depot, a new SCO-room hotel on a prominent promi-nent Main street corner, a half-mllllon-dollar sanitarium at the hot springs, and several new apartment-houses as a starter In the way of building for the coming season; with the completion of one new-railroad new-railroad and operations In progress on two more; with the mining Industry flourishing flour-ishing and the promise of work being starteel on several big Government Irrigation Irri-gation projects, there is every reason to anticipate the liveliest real estate market mar-ket the city has seen for many years, with corresponding prosperity In all other lines. Money Seeking Loans. There continues to be no lack of money seeking loans on good security nt rates of Interest wHfcn B very few years ago woulrl have been regarded as extremely low, and the fact that there are comparatively com-paratively few takers Is considered a sure Indication of good times. Commercial stocks were rather slugflsh during the week The principal demand was for Utah Sucar common, which sold at J4.47Vi. with $1 :C asked Heber J Grant & Co. paid a double dividend. First tlonal of Ogden p ita a special J per cent dividend, and the Consolidated Wagon and Machine company ordered Its regular preferred pre-ferred dividend to be paid Monday, eight duys ahead of the usual time. Follow-big Follow-big are the latest quotations Deseret National bank .. .$277 Or) Z. C. M. 1 162.00 Home Fire Insurance Co 142. e L'tah Sugar Co., prei erred a.uu Common 4 -4TVfi State Bank of Utah 150 O) Deseret Savings L..nk 303.00 Zlon's Sav Lank and Trust Co... 149.00 Utah National bank Ill no Provo Com and Savings bank 133. 00 Lehl Com. and Savings bank 112.00 Thatcher Bros. BanUng Co., T. gan 113.00 First National bank. Ogden 220.00 Ricky Mountain Bell Tel. Co s' i'i Davis County bank, Farmlngton . 110.00 Ogden Savings bank ISO 00 Con. Wagon and Machine Co . pfd. 93. fa Common tJS.E-O Fremont County Sugar Co 10.90 Amalgamated Sugar Co.. pfd 05.(10 Common 143. 00 Idaho Sugar Co 11.10 Lawlaton Sugar Co. 10.50 Sugar City Townslte Co.. 101.00 Barnes Banking Co 116.00 National Bank of the Republic... 115.00 1 Bonds Church bonds 101 CO Con. Rv. and Power Co, bonds... 90 00 S L City Railroad bonds 101 00 Sumpler Valley railroad 101.00 Utah Co. Light and Power Co., bonds 101 00 Bank Clearings. Bank clearings for December show a healthy Increase over the same period of 1903 The total for tho month Just cle.seel wa.s JI7.T7:..e7: 1, as against $17,2t:,4 17 ; for tho oame month of the previous year, an Increase of JS29.C25.45 The clearing? for last week, with comparison by days with the earno week of 113, were as follows: fol-lows: ir04. 1903. Te,-einber 27 . $ 707.706.80 J 4-.1 0 19 December 23 710.906.50 462. 841 M December 29 M7.783.CS 606.S93.li December 31 692,109.01 606.S93.12 Total $S.SS9,C 56 3.515,r.66.Cd Decrease. $115,370.08. |