Utah : its people, resources, attractions and institutions . Hotel Utah. The rates fur room without bath, $ and $ per day. Withbath, $ per day and upwards. Everything in the way of superior service that may be foundat the newest and very best hotels of this country—and at sensibleprices. Under the management of Geo. O. Relf. 32 Z. C. M. I. Zions Co-operative Mercantile Institution, the first departmentstore in the United States, was organized under the immediate di-rection of the noted pioneer, colonizer and leader, Brigham Young,October 16, 1868. It is better and more popularly kn
Utah : its people, resources, attractions and institutions . Hotel Utah. The rates fur room without bath, $ and $ per day. Withbath, $ per day and upwards. Everything in the way of superior service that may be foundat the newest and very best hotels of this country—and at sensibleprices. Under the management of Geo. O. Relf. 32 Z. C. M. I. Zions Co-operative Mercantile Institution, the first departmentstore in the United States, was organized under the immediate di-rection of the noted pioneer, colonizer and leader, Brigham Young,October 16, 1868. It is better and more popularly known as M. I. The chief purpose of the establishment of Z. C. M. I. was theregulation of trade for the benefit of the people of Utah. At thetime of its organization merchandise was hauled from the Missouri. river by ox teams, a long and tedious journey of one thousandmiles, the actual distance covered being about one thousand andtwo hundred miles, occupying from three to six months. Due tothese conditions, temporary scarcity of goodsin common demandFrequently occurred, and merchants were not slow to exact ex-orbitant profits when such conditions prevailed. To obviate this and promote the general welfare, instead ofthe enrichment of a few, was in the mind of the projector of M. I. Success attended the venture from the beginning. The move-ment once begun grew rapidly, so that between the organizationand commencement of business over $245,000 had been of this, however, represented goods, as five of the local mer-chants had fallen in with the movement and had turned over theirgoods for stock in the company. Business commenced March 1st, 1869, the first years sales Z. C. M. I. 33 amounting to $1,230,700. Incorporation took place in 1870, with apaid up capital of $220,000.
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Keywords: ., bookcentury1900, bookdecade1920, bookidutahitspeopl, bookyear1921