Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-05-05
saue Brush State Gets Million
OF Salt Lake Cash During
The Week.
THE INSURANCE SITUATION.
pry Goods Wholesale Prices are High
And Real Estate Somewhat "slow'
-Gcncral Trade Review.

The past week mas peeh ra'hei i"'S-
A., most business circles due to the
california situation, not a few tfades-'
Van are claiming. The banking sit
,,o,ion has been notable by the call
made from the Nevada banks on tho
salt Lake banks for about million
dollars IN cash supplies. The Nevada
hanks have always used the San FRAN
cisco banks as cort OF cash reservoir
from which to draw coin supplies as
,nisht be necessary. But now with this
source completely shut off,. the Nevada
institutions have been forced to look
elsewhere. and Salt Lake Is the near
ost and in fact about the only money
confer TO which they can turn. Local
banking men say there is not over six
millions IN the Nevada banks altogeth-
or This call on Salt Lake Is likely TO
continue until the San Francisco bank
ing situation shall have been straight
oncd out.
strong demand for money is report
ed from the banks, With rates fair, and
the banks can loan any amount. In
some OF the banks deposits are reported
as not increasing this week.
INSURANCE CONDITIONS.
Local insurance agencies are COM
pacent over reports from their conf
pauies that the San Francisco losses
will be paid-in most cases without
touching their surplus or impairins
their capital. In this connection coin
AZ n
other great CONGREGATIONS. The real
loss from the Boston fire has never
been accurately ascertained. The fire
covered more than so acres, and tho
estimates of the loss averaged about
SIS 900 0O0-that is. about one"tenth or
tho whole valuation OF the city. o5l
soparate estates and about 1000 firms
being burned out, Not wool house
was left and only one wholesale CLOTH
ing house. or the wholesale boot ana
shoe houses. there remained but one'
and OF the dry goods commission houses
but three or four.
A good deal IL said about the long
time that will be needed TO adjust the
losses OF the San Francisco fire. A wore
regarding this aspect OF the Boston fire
viii be OF interest According to tho
Massachusetts insurance commissioner,
1872 companies were losers by the BIOS
ton fire. the nre occurred III 4NoNc,
Der. but early IN January tne nnn 900
soner reported that losses OF soo,ovv,v.V
had been adjusted. The assets aggre-
onted nearly Sl50,000,0O0, the averaB"
Ta,io az losses varying but traction
,ror AZ per cent. OF the companies
nyolyed In the Chicago fire, loS wcro
doing business III massae 49,, an round
ispo ,hrs ga 600 ooo--aimost identicalls
N-r. .alanCinnGd
the same as the loss &c, oovai en- New YORK
companies DOING ou'i'e'' ;"
by the Boston iire'
IN DRY GOODS LINE.
,r.aa the whole
IN the ury Roous ..a 80, os cot
SAFE prices continue ~. ~ dan,ands for
ION Is adVaholih, NV ''s ,en,Saoturers
goods Is very suuls, IT., ta de,ov
are accepting oiuI.s su ,Sotr n,yn time
anu ~ l"Vt aie ~ I'LL ,rade ia re
III IlIihs .neIIl' i ars, I,,,rovlng under
ported very goou anu N''''o''>
The demand for new hats is espec-
ANY markeu; allu son'n ,o nron,.
ilee' a aau pat oa ,V a, ras asked to-
.'eu' ~ $3.50 did not Inv the raw
10y, ~ ,". Nc IVA maize them I'M
nl"'e,i ~, w n, nc this could
.ue',lscl'es' pa' .i'i.h =. a',arter az
pe oole ~ o ,s, ia ~ IN articIe, and
the We. Va ~, .nV 49,, ,,,nn,an could do
.'pnJ ~ al ia ~ a. h,,t thov are com
.na,' "au u'1 ~ W. u. "a" arsn IN tboss
pal"''seN ~, I'll oa,' he dotact~
oSsvs ms ,tS, VI s"e W., a,,etarr an the
800, % ''''t ,,o,aaa" he con,in-
49, S a., ~, 49,, lou, 10 SOU
49,, w. ~ IVY ~, N 80 Nv"
''''" YES "'''"' Wy '''''
VOihA iN 'loi HIM.
tne o'o'n."s s."ee peop'e repo'.
49,. h,', 80 III ivy uu "Ve
"VN So, Ero.n,san W ass''gs !"
t ta,,1,,'' uisus'ei uara-
t iIs,, ,.i''e ~, Vi uaue seherany
ilo"et MI. na'a letter 'nam ,as.
VAL ny nav lau.. 700 Is uuIi, put
~ a "uVN VI WV straw mats wiz pc
slh 10 appear, anu there promises 10 De
stu sa'e tiiis SEASON.
~ hen wear business mas also been
Sulel anu PRICES remain the same as
last year.
REALTY MARKET "sI Ow"
inc real estate market has been
NildE UcalS nave been made. there have