Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-10-06
Utah Cattle and Sheepmen Are
Putting Much Money in
Home Banks.
AS TO SUBURBAN REALTY.
Building Is Proceeding Rapidly Over
The City Though II Is Affected by
Scarcity OF Labor.


week have varied with the weather
The sudden change from fair 10 raw
cold weather helped trade In aome
directions and injured It In others In
banking. money has been easier than
II was, the regular bank rate OF per
cent prevailing Deposits continue
70 increase, quite heavy deposits be-
ing made by sheep and cattlemen'
who have disposed OF large amounts
of live stock at eastern Strengthening
points, and while actual moneys may
have been deposited IN the east, the
credits are made NJ the Salt Lake
banks, and the total amounts held IN
hand are thus largely increased. Bank
ers report an increasing demand FOR
money, q factor being sums borrowed
By contractors and builders
REAL ESTATE MARKET.
The real estate market has been
very quiet this week, with q falling
on in the number Of inquiries, though
this Is considered only temporary.
People have apparently tired OF ask
ing for houses, and are either buying
or going into the suburbs The pres
ent stringency IN real estate ought
10 help Increase the population OF the
surroundings that may be classed as
part OF the suburbs Of salt Lake, as
interurban communication Is very
fair and steadily increasing In ef-
tlclency The transfers for the week
have been up to the mark in point
OF numbers. but IN total OF consider
ations. the figure Is not large How
ever real estate men say they can
make often moro money IN commits
sjons In moderate sized transe ctions
than In transfers where the consldera-
tions are in large amounts. The as
sociation voted at this weeks lunch
90 ratity the action OF the Manufac-
turers a Merchants association and
the d. A. & NJ. society, IN naming the
consolidated exhibits IN the Swan
building, the Chamber OF Commerce.
BUILDING BEING PUSHED.
The weather has been favorable TO
building operations, and contractors
have made the most OF the opportunity.
However, they report continued fam
Inc nv building material generally so
that building operations are restricted,
though By no means as much as In the
summer, The stringency In structural
s;eel has been partially relieved. but
b.fficulty II reported in securing pressed
brick. Moreover. there Is the old story
uf shortage In the labor market. u story
that Is repeated In many trade lines.
The delays are at times exasperating.
hut as much as can he done Is under
why, and many new houses will be un-
der roof before steady cold weather sets
In,
HARDWARE SALES,
lhe hardware trade has been having
n lively week in sales OF electrical
machinery, and mining machinery gen.
orally. There has also been fair trade
IN builders hardware, while supplies
for contractors and grading outfits have
been In great demand. There Is a
desrth at present In scrapers, wheel
barrows and plows, while there is a
scarcity IN harness makers that IL an
noying TO the trade. Harnesses and
EadIery goods could be sold In double
the present quantities, II the goods
could be had. Dealers report the heav-
lest trade IN their history in guns and
eportsmans goods. Last year, the mag
axine shot gun was "all the go" This
year. the call Is for breechloadcrs. Shelf
hardware is reported as rather quiet.
LuMBERMEN WANT CARS.
The lumber trade Is in quandary.
The cry Is cars. carsl cars! and there
ase none TO be hand. Moreover. the
strike of the freight handlers at Port
land has stlll more complicated mat
ters SO that the northwestern mills
have notified the trade that Il Is I'M
possible for them at present 10 I'LL any
orders. The Salt Lake yards are fairly
well iil!td this week, but IL will be but
short time before n local shortage
will occur, The stiff prices make deal
ess apprehensive of an advance, al
though there has been an advance OF 50
above the July prices.
DRY GOODS TRADE.
with the advent OF conference. the
dry goods trade In particular Is ex.
perioncing something Of boom, and
there are lively times In both tho
wholesale and retail departments, Cot
ton goods are holding firm with a
steady trade along most lines. Thera
Is continued call for fabrics over 81
inches. which the trade explains as tho
occasion OF the relatively higher values
OF wide and narrow goods from tho
same yarns.
Competition I'm prints Is keeping prof
Its close, so that II Ia reported that
printers viii refuse TO sell II prices are
Put any lower Heavy sales are report
ed of Ringhams, denims, checks and
plaids, though tho production Of glng.
hams has been restricted by scarcity
Of labor. Hleached goods are scarce,
with the finer lines sold far ahead into
the next year. while the constant re-
peats OF orders keep the markets bare
and prices IN. The bleacherles will not
be able TO clean up their orders now on
hand until the last OF the month, and
The leading houses profess TO be In
lIsc-..... H. mum La u 10. I'm