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Show GOOD PROSPECTS FOR JAU TRADE Reports From All Sources Are That Market Is in Satis-factory Satis-factory Condition. HOUSING QUESTION IS AN UftGENT ONE More Apartment-Houses and Cottages Must Be Built to Meet Demand. - Reports from all industrial, commercial commer-cial and trade sources for the past week are to the effect that all are in an eininontly satisfactory condition and tho proBpecta for tho fall business in every line is most encouraging. This boing the between soaeon period, thore is a lull In the retail trade, but it is not so markod as in former years. Money is reported as in fair demand, with rates practically the same as the former week. Live stock mou are borrowers, bor-rowers, thoro being a large movement of live stock to the Eastorn markets, Real Estate Market. On the realty market there is an excellent ex-cellent domancf for all claeses of property. prop-erty. As to tho rental proposition, it really belongs to a bj-gone period, for no houses are loft to rent; and if the demand remains as active every hotel, boarding-houso and similar hostelry in the citv will bo filled, for accommodation accommo-dation must bo provided for the newcomers new-comers to our city. Ono real estate dealer ostimatos that moro now residents resi-dents camo to Salt Lake during the past month than came hero during the entire year previous. Several deals of considerable importance im-portance were consummated. Tuttle Bros, report the sale of Goddard court, on East Socond South, between Second and Third EaBt, for $10,000, the purchase pur-chase being made by Mrs. Sarah Lemon of Salt Lako from the George Goddard estate. Through this firm .Tames Cunningham Cun-ningham transferred to Mrs. Edwin Holmes, for a consideration of $5500, tnat property at 70 East North Temple, Tem-ple, OoxOu feet. Mrs. Holmes proposes to domolish the building there at present pres-ent and erect a fine apartment house. Mr. Cunningham purchased from Mr. J. D. Beamer tho seven-room cottage at 210 North State street for $3750, Tuttle Bros, conducting the negotiations. negotia-tions. Other smaller sales wore made. Among the larger Fales roportcd by Littlo & Littlo hro the sale of tho Boven-room modern brick residenco on Seventh East, between First and Socond Soc-ond South, from R. ID. McConaughy to Sarah E. Whitworth for $5000. and sevenfy-eight lots, near the proposed works of the Griffin Car Wheel company to E. II. Cuthbert of St. Louis for $3120, besides a number of deals ranging rang-ing from $2250 down. Hubbard fc Hubbard sold to C. L. Roberts of Kansas the residence owned bv Mrs. M. A. Strickland on Fifth East, south of Tenth South, for $8000. A demand for property near tho site of the proposed Rio Grande and Western Pacific shops at Twelfth South has also epruug up, and J. N. Courtney has sold four acres there at $350 por acre. Other dealers have been active, but the deals have not been closed. Field for Investment. Returning again to the question of apartment houses and houses for rent, a profitable field for investment is found hore. Aside from the apnrtmont houses now in course of erection nnd those coiitemplnlod, thore is ample room for tho establishment of others that would rent at figures ranging from $20 to $25 por month. Thoso would meet an urgent demand oxistont here, furnishing fur-nishing as they would, accommodation for a middle class of residents. Tlio same is truo of four or flvo-roomod cottages cot-tages to rent at the amounts specifiod, and for any one who has $50,000 or 8100,000 to invest, right hore nnd now is a field which would yield a handsome return. Wholosalo Business. Tho' first rush is over in tho wholesale dry goods trade and jobbers are waiting for ropont orders. Staple ginghnniK ano sheetings are reported slightly higher. Colored goodH and bleached goods are somewhat senrco and tho formor havo recontly advanced a qunrtor of a cent in price. Tho ailk trade is encouraging una cheap grado silks havo boon largo-ly largo-ly oxcludcd from tho ninrkot and supplemented sup-plemented by the higher grade rubrics. The diminution in the demand from tho smoltorH for brick gives tho makers an opportunity lo furnish more mntorial for the local building trade, a supply much needed and which will hasten to completion many dwellings. Retail Trade. Tho gononil report from this branch of business is that thor is tho usual between season lull, but it is not so marked as in former yours. Tho dry goods merchants ro proparing for fall openings in all linos and already tho early fall business ia opening exceedingly exceeding-ly good. All tho stocks have boon ro-c'oivod, ro-c'oivod, but aro still unoponcd, and this important part of tho business will bo done this weok and the pursa strings will bo unloosed again. The hosiery market is very strong and tho price of cotton hosiory rcmnins stiff, notwithstanding notwith-standing tho lowor prices of raw cotton. cot-ton. Thoro is a steady call on the hardware merchants for building material, ma-terial, and, as usual, for mining machinery. ma-chinery. Tho clothing trado looks for a hoaw fall business, now almost duo; as do the shoo men, nithough thoir summer sum-mer trado iH not yot entirely oxhaustod. Stocks and Bonds. Tho stock and bond market hnH boon quiet, with inquiries for small blocks of sugar stocks, as tho sugar souson approaches, with tho result of enhancing enhanc-ing tho price of the isamo. Utah Sugar preferred will pay I'M per cent at the ond of the month nnd the semi-annual interest of 3 por cent on Utah Sugar company's bonds was paid yesterday. During tho month the Desorot Savings bank will pay its quarterly dividend of 2 per cent and tho Utah Savings & Trust company its 3 per cent semi annual an-nual dividend. Following nrc tho latest quotations: Amalgamated Sugar Co., pfd 5101.00 Common 175.00 Bcnoflclnl Ltfo Insurance Co 08.00 Barnos Banking Co.. Knysvllle.... 130.00 Con. Wagon & Mnch . Co., pfd.... 118.60 Common 104.00 Commercial Notional Bank 180.00 Desorot National" bank 3514 .00 Desorot Snvlnga bank 485.00 Davla County bank. Farmlngton.. 125.00 First National bank, Ogden ...... 210.00 First National bank. Murray 130 00 First National bank, Logan 100.00 Home Fire Insurance Co 174 00 Lewlston Sugar Co 11.50 Lehl Com. & SavlngB bank 126.00 National Bank of tho Republic... 145.00 Ogden Savings bank 225.00 Provo Com. and Savings bank .... 140.00 Rocky Mtn. Boll Tel. Co 88.00 Silver BroB. Iron Works Co 100.00 State Bank of Utah 202.00 Sugar City Townslte Co 153.00 The Utah Sugar Co., pfd 3.50 Common 2.20 The Idaho Sugar Co 8.25 Thatcher Bros. B'kg Co.. Logan.. 136.00 Utah Light & Power Co 1.00 Utah National bank 150.00 Utah Savings & Trust Co 102.00 WeBtorn Idaho Sugar Co 9.20 Zlon's Sav. Bank & Trust Co 211.00 Z. C. M. 1 203.00 BONDS. Church 100tf Salt Lako City railway 101V1 do second mortgage 100 Stirapter Valley railway ,..102 Utah County Light & Power Co 103 Utah Sugar Co 10li Bank Clearings. Salt Lako bonk clearings for the week ending September 1, 100G: 190G. 1005. August 27 $ 706.S42.72 $ 771,010.33 August 28 C07.073.0S 658.Stl.04 August 29 564.463.98 506,983.63 August 30 553.4S0.69 670.780.28 August 31 630.022. 63 796.460.15 September 1 635,715.75 674,994.03 Totals $3,747,098.85 $3,304,081.43 Incrcasa $ 353.014.40 |