The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-03-25

exemplified in Salt Lake and vicinity
better than in most any other part of
the union. While some of the retailers
are complaining of the lateness of the |
season, saying that the heavy snow
falls and bad wea Their of the past few
weeks has had a tendency to keep back
their spring trade, others are telling of
good shOwings and fine prospects.
The past week has been one of retail
spring openings in Salt Lake. Every
dry goods house in the city has had
special spring opening day. The amount
of trading has been above the average
for that reason.
Dry Goods Offerings.
Dry goods offerings for the coming
season are prettier than ever before
Soft fabrics giving a clinging effect are
being shown in great pTofusiOn. White
and cream white gowns will be stylish
this season. The quality of all goods
is high grade. Prices are rather high,
as well. This is said TO be occasioned
by the shortage in the wool clip.
Wool has gone up per cent since the
first of the year, making finished wool
en- fabrics cost prOportiOnately more
than heretofore.
The millinery shopkeepers put in last
week getting ready for the great spring
rush. All windows are full Of beautiful
creations. The shOpkeepers state that
from present indications the coming
season will be a record breaker.
Stands High in cIearings.
Again Salt Lake stands near the head
of the list in the matter of increase in
bank cIearings From the reports re
ceived yesterday Salt Lake is second in
the list with an increase of 1858 per
cent. The total cleartngs amounted to
S451S.1 07. Seattle, Wash, still leads
Salt Lake by a fairly large margin.
That Salt Lake should continue to be
one of the leaders in hank clearings in
crease is a significant fact. 1t shows,
it is said, that this city is one of the
strong and growing financial centers.
The immense amount of work going on
around the city. that is the building of
smeIters and great reduction works,
plays an important part in the bank
showing. However, when the cOnstrUc-
ton work ceases. there will be an army
of wOrkmen to take the places of the
laborers now doing the construction
work This will have the direct tend
ency to keep bank clearings large.
Real Estate Market Dull.
Real estate men have complained a
little during the past week on account
of the small number of sales consum-
mated. There have been a great num-
Der of inquiries. but few deals have
been contaminated. The weather has
not had much to do with this sudden
slump in realty dealings, for Old Sol
has been giving Salt Lakers plenty of
reason to believe that he really exists.
The brokers are not quite sure as to
the cause of the slump. Most of them
attribute it to the fact that March is
i'm the nature Of being between seasons. /
The spring rush for homes has not yet
begun and the winter demand is past. |
Several business properties are under
consideration by investors, according to /
report.
The demand for furnished houses is /
growing with the coming of spring.
Tourists are beginning 70 wend their
way westward, many OF them stopping
here The tourist travel. those who
come west for a stay Of several weeks /
or months are the ones who occupy /
most of the small furnished apart /
ments and houses. All classes of rental /
property are in demand, it is said.
Boot and Shoe Trade.
Boot and shoe men are not experience !
ing any great trade at present. It is |
yet too early for spring and summer
shoes and a little late to sell much
heavy winter footwear. Rubbers are
not selling we'll Within a few weeks |
conditions I'm the shoe market will |
change 1t IS believed, for most every
one will lay off his winter boots for
lighter spring and summer ones. The |
shoeman's good season is still before |
him.
Hardware men are smiling again. |
The opening of spring is the signal for !
the beginning Of active residence con- |
struction. This means that hardware, |
especially builders hardware, viii be in /
demand from now on. From the pros |
pective amount of work to be done in
all lines OF construction the coming |
seasons business will be one Of great |
qualification to hardware dealers.
Farming implements are beginning to /
grow in demand. Several dealers re-
port that from present prospects more /
farming tools and implements will be /
sold than at any time in the past de- /
cade. The reports show that the win /
ter wheat crop is safe. Plenty of snow
has piled up I'm the mountains during /
the past several months to warrant the /
statement that water for irrigation /
work will be abundant. This means /
that crops viii be large. The nipple
ment men viii share with the farmers
a good year.
Wholesale Markets.
Wholesale grocers report that coun-
try merchants are beginning to replen- /
ish their stocks. All trains going out
OF Salt Lake for the country districts
are laden with groceries and provisions
20 meet this demand.
The commercial stock and bond mar
ket has been fairly active during the
past NCSh- socaiCS ave itoA bSSti Huiiici =
Gus. but the inquiries indicate a lively /
interest In local securities. COnsolida-
fed Wagon and Machine stock was one
NJ the heaviest sellers of the past week
Following are the latest quotations on
local stocks and bonds;
Amalgamated Sugar Co. pfd.-....- 800 % /
AnalCamated Sugar Co. COM. '172 81
Beneficial Life Insurance CO... 10l-O0 /
Barnes Banking Co. Kaysville...... 127 .0o
Con. ". & NJ. Co. pfd..--.--.-...... 1880 4
Con W & NJ Co common -.....- los o.
Commercial National Bank ....-..-.. 121 81
Deseret National Bank ........... 29s %
Oeseret Savings bank ----..........-. 40 o.
Davis County bank ............... 134 % |
First National hank. Ogden....--.... 209 e.
First National bank Murray. 125. o.
First National hank Ty0rau 1oQ 60
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