Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-03-31
LOOKING TOWARD
APRIL BUSINESS.
livestock Growers Have Been
BID Money Borrowers During
The Week.
MANY SMALL REALTY SALES.
p,e.cncc of Henry Phipps is Watched
with Interest by Dealers Who
Arc on the Alert.

rha week in business circles has been
.,o ~ anticipation largely owing to
..a uncertain weather, the anticipation
rs,sting of hopeful expectation for
ara month which opens on the morrow.
IN banking, local fnanciers report
,omnaratively dull week. due not only
A. che weather. but also to the irregu-
,.r,tv I'm the mails caused by washouts
"a delayed traina But there has
been a pretty steady demand FOR
sNnnev principally from livestock
srouers who need money for handling
heir stock: and the rate Of interest
Sas rlled high, Z TO . per cent on ac-
count OF the high rates prevailing In
Nav York. The increase In the bank
Hearings over the week of the previ-
o,s wear has ranged from $4,000 to
s96O 600, which Is a good, healthy sign.
In short the money market during the
yeek was steady and firm, but without
anv specially marked movement.
MANY SMALL REALTY DEALS.
The real estate men report quite an
aggregation of moderate sized sales
well scattered over the city, and the
changing ndluS VI bpIlib tAAlfhkt WI
Inc south side The march OF rail-
way progress has largely cleared off
inc buildings from the blocks ON the
west side where the sites Of the new
nnion passenger stations and freight
depots have been located. so that that
section of the city makes the observer
think OF the demolition of blocks i'm
New York above Thirty second street
where the Pennsylvania railroad is
preparing TO erect its enormous sub
way station The real estate men are
now holding regular smokers In addi-
Ron 10 their luncheonss TO discuss
vays and means OF properly advertis-
ing the city, and from reports the pro-
fe@sion generally Is only waiting for
settled. dry weather. to start the real
estate ball to rolling.
PRESENCE OF MR.. PHIPPS
The advent of Mr.. Henry Phlpps. the
noted ex-steel mQgnate and philan-
,hropist. has occasioned ripple OF eN-
element In the local profession, as he
Is the reputed owner of about 81 OO0,-
200 worth Of Salt Lake real estate. and
considerable OF It which IL centrally
located can be enlarged TO the manifest
advantage Of the business public
Tho Galena block for instance. at
Second South and state streets. might
with profit to Mr.. Phipps and the pub
lie be Increased to a six story Office
building, and parties interested in
State street properties claim that If
he would take special interest In the
properties he owns on that thorough
fare, State street could easily be made
the principal business street of the
city. But Mr.. Phipps Is close
mouthed man; he keeps his own coun-
sci and If he makes up his mind TO do
anything, 1t may be several weeks be-
fore he decides Just what shall be done
DRY GOODS HOUSES.
In the dry goods market there Is
slight tendency toward falling whole
sale prices in manufactured goods ow-
Ing to the desire of few mills to get
rid OF surplus stocks. But prices of
raw material are stlff, and likely to
remain so. The weakness of manu-
featured goods is regarded only tenn
porary The retail trade. consider
ing the uncertain weather is good The
sales are OF course In light weight
goods, with calls for bright colors and
attractive patterns, Long kimonas in
somewhat startling patterns but very
pretty are finding ready sale. When
the weather clears up there will be
quite a heavy trade in dry goods. The
glove trade Is very fair. as with every
purchase of any amount of dress pat
terms, there must be gloves of the same
color TO match. The same may be
said Of parasols. The millinery trade
VIII be better when weather comes
that won't spoil the head finery. There
Is quite demand for ladies suits and
cloaks
THE CLOTHING TRADE.
The clothing trade reports the rid
dance Of winter stocks, and only me-