Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-04-21
EARTHQUAKE AND
LOCAL BUSINESS.
Belief That Misfortune Favorably
Affects the Conditions
Here.
HEAVY RUSH IN DRY GOODS.
Real Estate Is Quiet But Dealers Ex-
pect to Benefit by the Pacific
Coast Disaster.

The business situation for the week
has been depressed in number OF d.
rections by the San Francisco disaster.
However, the local banking situation
has not been visibly affected, and the
Salt Lake money market Is fairly easy.
In fact one banker says he believes that
the Salt Lake market will be favorably
Influenced by conditions on the coast.
There was n heavy demand for funds
ON the east from the west early In the
month, but that ceased about April 10
and on the same day the long desired
and hoped for announcement was made
of substantial gold import move
ment This WAS quickly felt In The
markets.
Deposits are increasing faster this
apring than last year at this time, and
There Is steady and good demand for
money for investment in all kinds of
improvements.
Generally speaking, Salt Lake and
Utah money markets are in healthy
condition.
The dry goods men report very
good trade, except IN the line Of kid
gloves. The demand for the gauntlet
cannot fill orders, ana buyers have to
leave their orders and get the goods
when they can. The parasol trade Is
hardly beginning, but by another week
will be fairly well started. The dry
goods men claim that business for the
week Ia ahead OF what II was year
ago for the same period. The millinery
business has quleted down after Easter
but is sure to pick up later.
IN CLOTHING LINE
The clothing trade is satisfied with
the weeks business and the prospects,
rs the spring trade has started In well,
and the complications on the coast have
not affected this market. However,
there will be a heavy demand for
short time on the great eastern cloth
ing houses for supplies for San Fran
cisco, owing 20 the complete destruc-
ton of stocks of goods there. And when
this feature Is considered. there will be
p pressing demand for all kinds of gro
ceries, clothing aud everything else OF
the staple articles used in life.
The demand for hats IN the Sah Lake
market has been unusually good his
week. and soon the straw hat trade
will omen. Business IN minor lines has
been very fair, considering the excited
condition of, the public mind for the
time.
REALTY OUTLOOK BRIGHT.
The local real estate men report
quiet week, on account OF conditions on
tile Pacific coast. But look to see the
situation brighten at an early day, as
some OF them argue that many resi-
dents and many investors living else
x.stI1 IN, int 10 %
in San Francisco on account of tie I'M
certain outlook for topography stabil-
ity. The entire California coast Is
slowly rising so that more earthquakes
I'm the not very distant future are anti
Cipated. In view OF this, IL Is held here
that San Francisco will build UP very
slowly, and Salt Lake will catch good
deal of the real estate investment mon
eys from elsewhere that otherwise
would have gone to San Francisco.
BOOTS AND SHOES.
There has been no change IN the boot
and shoe markets this week, but deal
ers call attention to the fact that prices
ought now TO be sitter than ever on
account of the situation In San Fran
cisco. 1t seems that the good people
OF that city have been noted as very
heavy buyers OF shoe leather, so much
80 as to attract the attention Of the
trade. The fire has cleaned out the
Immense stock held in the San Francisco
stores. and to keep the 100000 people
decently shod will put all the manufac-
turing establishments Of the country on
their metal 1t will be rush, rush, rush
for weeks to Ill the orders coming from
the west coast. This will not help
prices any in this city, and citizens
might as well become reconciled to the
possibility Of even higher figures In
this state.
HARDWARE BRIGHTER.
The hardware men are feeling bet
Ter, as the fair, open weather continues,
and the feeling appears to obtain pref
~ generally over the country as the
demand for steel and iron products and
copper is still Unprecedented. II is ex-
pected that the Amalgamated Copper
company will declare an extra dividend