The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-02-10
SPIRIT OF SPRING
IN TRADE CIRCLES
Week Is a Lively One With
Signs of Increasing Ac-
tiVity to Come.
BANK DEPOSITS INCREASING
ACTIVE WEEK IN REALTY AND
INQUIRY is STRONG.

The spirit or an early spring perme-
sting the rank and file of Salt Lake in
dustriss this week seems to have given
new life to the commercial situation ana
the week has been an active one for bust
ness men.
There is a feeling OF an unusually ac-
tive season ia the atmosphere that s
maIerialiZing with unexpected rapidity.
The bankers. real estate men. wholesale
and retail merchants are getting into
their spring work several weeks earlier
than they expected and as a result the
various markets have experienced a
heavy weeks business.
Bank deposits are increasing, and the
large amounts advanced 10 Ctah sugar
manufacturers early last year are com
ing In Bank clearings show slight de-
crease.
II has been an active week in real es-
tate. Several good deals were consum-
mated ana several contracts for trans
fer made The feature OF the realty mar
ket, however is the strong inquiry on
all sorts OF property. The inquiry on res
idence property is increasing and from
all indications moving season this spring
VIII find fewer unocOupied and available
houses and flats I'm the city than ever
before. Wednesday the real estate men
AZ n luncheon at the Commercial club
Endorsed the project Of extending the city
limits TO Twelfth South street and east
Il Twenty-first street.
Work for Architects.
Architects are receiving orders for any
number OF residence plans and an UNI
usually large number OF plans for apa TT
ulent houses are being prepared i'm the
different offices. The architects are com
planning, stating that every one is anx-
ious 10 get his work done In a hurry
and that orders are piling up with but
little time left To execute them before
the active building season opens
The prospects for getting an sorts Of
building material into the city this year
are looking better now than some weeks
ago. The situation in retail lumber cir
cles is clearing up i'm particular. and
stocks are rapidly being replenished.
Goods Still Delayed.
The continued congestion Of freight on
eastern roads is causing trouble for the
wholesale dry goods men. Stocks of va
riOus goods are low and in some cases
entirely out. and prices show Il tendency
10 advance. especially in cOttOns The
retailers are getting out their spring
styles and the display windows for the
past week have held some stylish stuff
IL is early. however. for the best of the
spring styles and goods TO be displayed
Special sales on winter goods have been
the order OF the week at nearly all the
large stores and these may be expected
TO continue for at least two weeks long
er Shoe men are getting in their spring
lines and II some cases are exhibiting
them IN their windows. ONfords promise
TO be more I'm demand than ever and
styles are very nobby.
Bad Roads Injurious.
Hardware men are still waiting for their
eastern orders TO arrive With the coun-
Try roads i'm good condition and the Ne
Nada mining camps accessible. dealers an
ticipate a heavy spring business in all
lines or hardware goods
Commercial stocks and bonds are hold
Ing steady. There have been a number
Of small sales at market figures during
the week and a few bonds have been
taken up. The Consolidated Wagon &
Machine company paid a per cent spe-
cial dividend on preferred and common
stock during the week and the preferred
stock has sold since then at Sll7 share
A few small blocks OF sugar stock
changed hands at prevailing prices Cen
orally speaking. the commercial stock
and bond market is In excellent shane
and good demand for bonds bank
stocks and other dividend paying secur-
tiles IS noticeable
The latest quotations are as follows: