The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-09-30
LOCAL TRADE
STILL BRISK
Indications in All Lines Are for
Continued AC-
tivity.
REAL ESTATE STILL QUIET
WHOLESALE AND COMMISSION
HOUSES ARE ACTIVE.

Business conditions during the past
week have been quite active in certain
lines and rather quieter than for some
time past in others. The week as a
whole is far and away ahead of the
corresponding week of last year, how
ever, and there is every evidence that
the present era of prosperity is here to
stay The demand for money continues
brisk, with. if anything. higher rates
prevailing than heretofore. The rates
on mortgages has been increased some
what, although IL is stated that should
the state tax on mortgages be removed,
as now seems possible, banks will deal
In this security to a much greater ex-
tent than at present. Interest on ordi-
nary commercial paper at thirty, sixty
and ninety days remains practically
unchanged at to Z per cent, but in
view of the recent increase i'm the rates
on both call and time paper in the east.
II is not unlikely that another week or
SO viii see an increased rate of inter-
est.
Real Estate.
The realty market for the week has
been quiet following the example of
the two previous weeks. There have
been practically no large deals, notwith-
standing the fact that several have
been on the tapis for some time past
and have been regarded as certain to
come TO head some time during the
next few days. The demand for houses
continues as brisk as ever. the princi-
pal activity being in houses of four or
I'VE rooms, and cottages of about the
same size. OF this kind of dwelling
there tc inc H.
been FOR ne time past. notwithstand-
ing the fact that contractors and build
erS nave been doing all in their power
Tor weeks past to finish up the houses
now in progress of construction while
the fall trade keeps up. Houses for
rent are equally In demand, flats, tene-
ments and cottages, mostly at about
$50 to $25 a month. There are q num-
Der of large houses on the market for
rent. but of the smaller ones the de-
mand is far and away greater than the
supply.
Building Trades.
The demand for hardware of all
kinds remains brisk, and the sales for
the past week have been larger than
the corresponding week of any previ-
Gus year for some time past Stoves
IN particular are selling readily, not
outstanding the fact that there is a
distinct shortage i'm variety Several
carloads have been received in the To-
cal market during the past week. how
ever, and several more large consign-
ments are expected daily Builders
hardware is i'm good demand. and will
be for some time to come while the ar
rival Of the shooting season has result
ed i'm exceptionally large sales of guns
and sporting goods of all kinds
The shortage of brick, which grew so
pronounced a few weeks ago. is gradu-
ally lessening, although contractors say
that there are still times when they are
forced 10 suspend operations for want
of it. This is due altogether to the
shortage of labor to do the work OF
loading and unloading cars. as all the
kilns have large quantities Of brick on
hand. requiring only the men to move It
TO get il on the market. The demand
for labor in nearly all lines is ahead of
the supply, and employers say that
there is no excuse for any one remain
ing idle who is willing to work Con-
tractors are especially i'm need OF la
Dor and are going to extraordinary
lengths TO secure il. Employment bu-
reaus are holding out all kinds of in
duCementS. but with very little effect