Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-08-18
LOCAL BUSINESS
AND TRADE REVIEW
Increased Ability to Get Brick
Gives Impetus to Building
And Other Lines.
BANK CLEARlNGS STAY HIGH.
Real Estate situation Is Improving and
sales of Dirt are Becoming
Tar More Numerous.

The commercial situation is improv-
Ing with the ability OF contractors TO
secure brick and the local business
outlook is more happy. In the banking
world, the demand for money is mod
crate this week, but with the expec-
fancy oi lively times this fall which is
now close at hand.
At this time Of the year, the money
market is always quiet. while the gem
eral condition is good All Of the bank
deposits are holding their own pretty
well, and the rates OF exchange are
uniform and steady. Il was remarked
in one Of the banks today. that It is
cheaper 10 buy drafts from Salt Lake
banks on the east than To patronize
the postal order department Of the gen.
eral postofiice. For instance one can
buy a $50 draft on banks east and
west for five cents.
ROSTER IN REAL ESTATE.
The real estate market is beginning
to take on roster hue one firm re-
ports having sold II places I'm the last
10 days, and four places in one day
Outsiders are showing UP TO make pur-
chases. and they are apparently easy
TO satisfy. July was very quiet--it al
ways Is. and the dealers rather ex-
pected that August would be much on
the same order; but on the contrary,
the month has proven so far quite ac-
tive, so that there are reasonable hopes
OF continuance and still more ac-
tive condition OF things In the month
10 come. The buying Is general over
the city. Each purchaser has his pref
erence as 20 what part OF the city he
Will invest In, and no one section seems
70 have the full run over any other
part
There is building In progress all over
the city. north. east. south and west,
and In the center, and houses are GO
Ing up all along Seventh street with
prospects OF building continuing clear
up TO Thirty-iirst street, the water
main limit While some purchasing is
being made for investment merely,
most Of the money going into real es-
tate now IS for Improvement.
DEMAND FOR HARDWARE
The hardware men are happy again.
and the world looks better to them
than II did two or three weeks ago.
They say the occasion Of this eNuber-
ance Is the releasing Of brick from
smelter demands so that the city trade
can have some relief The result is
the piling up Of brick I'm front OF the
many houses and other structures
about town that have been held up
because of the brick famine, and ma
SONS, carpenters, pasterers, painters,
tinsmithS, plumbers. and everybody
else interested in the building trades
are getting back 10 work. and the de-
mand for building supplies is greatly
increased. This Is bringing many GUS
toners into the hardware stores with
all classes and kinds Of demands for
all classes and kinds Of hardware used
In construction.
The wholesale trade Is active I'm sales
Of wire for fencing and other purposes
~ mining supplies and the fan stock
OF stoves Is beginning TO arrive
There is a steady demand for sash
weights and ventlators. joist hangers
and finishing hardware.
LUMBER YARDS WELL STOCKED.
The lumber yards are well stocked
80 there will be no scarcity OF that
class OF building material. The local
wholesale buying l. about finished for
the season, which will give the mills
chance 10 get in some effective work I'm
filling their orders. The car shortage
continues. with no certainty when il
can be relieved Prices are unchanged.
and at present there Is no prospect Of
their going any higher
WHOLESALE DRY GOODS.
I'm the wholesale dry goods trade
there IS a tendency toward higher
prices. mainly because Of the awaken
ing Of oriental countries 20 the fact that
they must have American cotton goods.
The recent boycott heavily reduced the
exports but the shortage has been felt
so on the other side Of the Pacific that
attention Is once more turned this way.
The result is that the mills are getting
well sold up on their Cottons, and
prices are growing SITTER and sitter.
With orders six weeks 10 two months
behind. In woolens. many New Eng
land mills making fine yard goods have
sold out ~ months ahead. which means
mat prices Of this class Of goods will be
sustained for many moons TO come. Re
cent sales OF coarse yarn cloths have
given the market an impetus that Is
likely TO be felt for some time.
RETAIL MARKET.
I'm the local retail markets the deal
ers are eXerting every nerve 20 get rid
or all " their summer stock IN all lines,
~ 10y Monday next the fan goods will
Dc arriving. and dealers desire 10 get
Tho same onto their shelves for display.
The new arrivals will show that women
are favoring more and more light
weight dress fabrics for fall and winter
wear In the shape OF large lines OF silk
articles for the coming season.
In dress fabrics, yoies. etamines and
Panama cloths are TO be worn ex-
tensively. and they nccessitate the
wearing Of a drop skirt OF silk bro
cadC. Extensive lines Of fancy goods
win be shown in plain and fancy silks,
hrocades. warp prints, plaids and Pc
kins. Almost every color will be
shown. IN browns, navy blues. reds
and grays. Yellow Will be worn for
evening dress. with taffetas IN black.
browns and dark tones generally for
street wear. one local hrm exhibits
\ most beautiful evening gown IN baby
blue and pearl white silk effects prin-
cess style. which is attracting consider
able attention.
CLOTHING TRADE.
The clothing trade continues very
good. as Is also the trade IN mems wear
and hats. Tho shoe trade continues as
before In excellent condition. with the
run on low cut shoes continuing. and
no sign Of cheaper prices except as
dealers are sacrificing certain lines Of
goods 10 get ria Of them for the sea-
son. Leather is stlll high. and prom
Uses 10 be higher. and the fall trade Is
just opening.