Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-08-04
MONEY IS TIGHT
IN SALT LAKE
TiuhtenIng Of Rates Among the
Banks General Over the
Country.
REALTY MARKET is QUIET.
hardware Drop on a Little Willie
Lumber Prices Continue 10 soar
Trade Review.

mere Is but little change 90 th'
lrs' business situation this week, ex'
,sri that trade IS falling on 90 some
iirsctions
IN banking circles there is q litt'
tightening of fates an over particu'
srIy IN New York and 20 a degree
,,t salt Lake market o.. affected NoO
York city. pes cent bonds are tarth
bringing par Tho occasion s. h'
De, hist tho world is short Of cash
q, there Is greater movement ir
business than there is money 20 prop
sr.y facilitate the same. Conditions
lr the salt Lake market are HEALTHY
sut at present there r. no surplus
money
However. crop conditions continue
very favorable and the publication Of
reports on The 10Th inst VIII hardly
eil % show a hI.h average NJ crop
Yields Call money remained CONS
psrarvely easy during tho week. but
hanks are reported as showing iii'lo
disposition 10 lend ON long credits
r1nd business e reported very dun
MARKET Is Dull
The real estate marke, continues
ury Dun this week and nothing do
hg is the slogan an along the line
Vtry few transfers % any moment
ere being made. ana the only thing oi
lr'crest I'm the trade Is mo coming 70.
rNal Of association headquarters M
q west Second South street where
they have been 50 long TO he Swan
building on Third South street. east OF
the Metropolitan hotel Otherwise
,is real estate men are indulging I'm
r'ssate dreams Of tho more or less
Immediate future,
DROP ~ HARDWARE.
The hardware trade has experienced
= sight falling or in It's retail depart.
mslt owing TO the inability OF con.
tractors 10 get brick and lumber which
ha. brought matters 10 standstill
However. there Is quite a strong de-
mand for railroad and mining sup
plies Hardware is about the last
thing that goes into a Iiew building.
and when there IS shortage Of
brick. lumber or cement. the hardware
market Is affected However. there
has been the usual steady call for
harnesses and agricultural machin-
cry, and dealers in harvesting ma
chinery and tools report a strong mar
kct Then steel trade conditions are
becoming more active. tho wholesale
and retail business was never better
AT this period of tho year and record
breaking railroad earnings are have
ing a beneficial influence.
LUMBER STILL HIGH
The lumber market continues stiff
AS ever only a few DAYS ago Mr. lum-
Der was advanced 81 and now shingles
are about 70 soar again. The car
shortage n as bad as ever, and alto
sether tho trade seems as chaotic as
'ssf week. The continued advances
Ir, beginning 20 have the expected
eject 50 that IN some branches Of the
trade the demand on the mills Is cas-.
'rF up. This Is Just what the manu-
fsciurers desire
WHOLESALE DRY GOODS,
The Wholesale dry good trade IL ship.
ping out goods from this city 10 the
smaller iohbers and retailers out IN the
state Tor ne fan trade. and the last 81
the corsgrmerts 10 the Salt Lake
houses from the eastern manufacturers
SIRE being received The retail trade
continues more than ever IN itglively
efforts 10 get rid % the summer goods
which will. soon be out 81 season, as
'fis Is The last ~ the summer months.
and tic f1ll is appreclably near. One
local firm has Il representatives IN the
eastern market buying fall goods which
NilI begin 10 arrive IN this city IN four
weeks Prices on summer goods are
Therefore being put lower and lower
0 mar in "a week. people who feel Ike
purchasing FOR next spring, can do 80
Pretty cheaply.
CLOTHING TRADE FALLS.
Tho clothing trade reports a slight
telling on. 50 that business is not as
good as 10 was the previous week Lo-
'I dealers are getting rid Of their sum
mfr stocks. 80 we'll as the dry goods
men, preparatory to loading up their
tables with fall clothing. which Is be-
shining already 10 arrive from the
manufacturers. Dealers say the styles