Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-04-14
SALT LAKE BANKS
ARE ALL BUSY.
usIotM Tone Given by the Sugar
Company's New Bonds
During Week.
DEPOSITS ON THE INCREASE.
,o,,,ity In Retail Dry Goods and Mill
linery stores--t'enerai Review
OF Trade,

r.s local commercial situation be-
,ss more hopeful this week, with
the advent Of weather that Salt Lake
nsone have been. hoping for this MANY
tay. The banks have been doing
a steady and strong business, the hand
ing Of the new sugar company bonds
being the marked feature OF the week.
ord one which caused the clearings to
aoar Half OF the bond issue wa
,.ken by the lions Savings Bank &
Trust company, both for itself and for
ane,on,ers OF the bank who bought
,Srough II. There Is n fair demand
err money from the banks, with steady
ro,ss Of interest. though the momentary
,tobtness OF money IN the far east has
Nd a conservative influence on western
hsnkIng institutions generally. Deposits
are reported as increasing, particularly
m the savings banks, and the general
tone OF the local money market Is
healthfu and deserving OF confidence.
The national banks had their quarterly
rai from Washington for statements.
and the state banks VIII at once follow
suit,
REAL ESTATE QUIET.
The real estate men report a quiet
week. althouh there have been few
large transactions, running up TO Slb,-
900 these being for purposes of invest
ment. and one-the sale Of tract to
be cut up into building lots. with a new
street running through the property.
There is likely to be considerable pur-
chasing Of tracts this year for this pur-
NOSE. and with the addition of new SUBJ
divisions and thoroughfares, the street
nomenclature Of the city Is becoming
more complicated and the danger in
cresses Of duplication In the names of
avenues The Real Estate association is
preparing an appeal 10 citizens general
Is 10 take n more active interest in the
city's physical commercial, industrial
and educational welfare, and there is a
growing disposition among all classes
10 dIscountenance evil efforts made In
certain newspaper quarters to discredit
the town, and Its people.
LOOKING CITY OVER.
Now that pleasant weather has come.
and the roads are drying up. the real
estate men are putting In more time
driving about town with prospective
purchasers, and bringing before visit
Ors the advantages OF investment IN
Salt Lake realty. The sale OF building
lots continues fairly active, and new
homes are going ny all over the city.
Il has been found quite irritable to
build moderate homes and then sell
them, and Oh the outskirts OF the city
these little homes are going up at
remarkable rate, on account or the good
ear service given by the street rail-
way company. With the extension Of
tka 81 Nata In ln
country between this city and Murray
will be more rapidly built w than
ever.
DRY GOODS AND MILLINERY.
The dry goods trade has been COM
paratively quiet In wholesale lines. but
the retail trade has been fairly active.
Country people brought money with
them to conference, and did considera-
bic trading. for which the country
merchant will suffer more or less The
uncertain weather has kept local wom-
en- purchasers back; but now that tine
weather has come and with Easter COM
Ing on the morrow. there Is marked
and sudden increase IN Easter shopping.
The milliners have done a good busi-
ness in the last two days, making up
for poor trade earlier IN the week, and
local dealers report that the hats sold
this year are of greater variety and
run TO wider extremes than ever before.
Feathers, flowers, cloth, framing, lib
bons Of all hues, sizes colors, COM
binations, shapes. patterns and designs
are To he had at any. every and all
costs. and a woman can swing out to-
morrow with picture hat that will
shut out the view of the pulpit from
10 men in an Easter congregation or
at the theater. II she has the price,
There has been quite a demand for
cloves gloves OF the long gauntlet
kind due TO the fact that this year
ladies' waists have short sleeves, The
display Of shirt waists IN the local dry
goods stores has become bewildering
the price running up to s26, but there
is a limited demand for this style.
THE SHOE TRADE.
The shoe men report no changes Of
note In the market beyond the fact
hat business Is double what II was a
year ago; and In stores where stocks
were bought at lower prices, the retail
prices have not risen. The sale OF rub
bers Is practically over for the season.
The clothing and mems wear dealers
report a steady and gratifying business
through the week, with a hopeful out
look for the spring trade.
FURNITURE MEN HAPPY
The furniture men seem jubilant. and
prominent dealer reported today that
the week had been remarkably heavy.
II not the best In the history of the
house. People are getting settled in
many new houses, and are rcfurnishlng
Old ones, which calls for furniture and
many rugs and carpets, More rugs are,
however, being used than carpets, as
me fashion appears to be turned that
way with the growing use of hardwood
floors.
HARDWARE LINES.
The hardware men report very
Qulet week. and that contractors are
not having much to say about building
ms spring, Just at present. However.
we outlook is not discouraging, and a
general good business Is looked for
DOM IN town and from the mining and
construction camps.
Inc agricultural implement dealers
are In good humor with the return OF
soon weather, which IL bringing IN the
Iaarrmers In goodly numbers to buy ma