Arizona republican., 1907-08-25
SUMMERS BUSINESS
 IS SATISFACTORY
Far Better in Every Line Than Any Preceding Year and Fall Outlook Good.

l SOO0.
 The commercial situation in Phoenx has been during the summer and is at
 present as a whole very satisfactory
 for approaching -fall conditions. The
 principal thing to attract attention has
 been the unusual activity in contriou- tory m ming sections that has made the money movement in local , banking circles above the normal and has increased the deposits and the calls for loans to some extent. Otherwise bankers report conditions as quiet as may be expect ed but far better than last year. More over banking and business men state that the strike of telegraphers has in a measure caused lull in some lines of action. which will not be changed until the skies are cleared. People are be- coming used to having to resort to the mails for the transaction of business and therefore a little less speedy in their methods. Mining men have also noticed this phase of affairs in the.r efforts to move certain deals the past month.
 The summer realty business of 1907 will go down as a top notcher com pared with the past years The aggre- gate sales for the last three months will show a large per cent increase over other summers. However. inqui- ries for property and rentals have been lesser in August than preceding months. and real estate men expect it will be quiet for few months yet to come. Desirable houses for rent are -.aa-N~ Hg ls.fl n find himself up against a hard propo- sition. notwithstanding the number of new houses that have been erected this summer. The price of real estate has advanced steadily with favorable reports of the progress on the Roose- welt dam and every day some owner comes into the offices where his prop-l erty is listed and puts a higher valua- ton on it There are exceptions but captions prove the rule.
 The hardware men report that the trade has been far above the average every month. There has been some demand for builders hardware. but the most noticeable demand has been for supplies in the adjacent mining dis tricts. The orders are many of them for fall delivery. when operations will be more energetically pushed. The same feature is shown in the express sions obtained from local wholesale grocerymen and meat dealers. who have made larger shipments than us- ual of necessities to camps and pfos- poets. One firm says that its whole sale business has been better this sum- mer than 1t was even in the winter season The hotels have likewise felt the improved conditions in mining in the number of transient visitors The largest falling off has been in the to- tals for August up tO date.
 The lumber trade reports better and more satisfactory conditions. There has been a slight adyonce in some stock owing to increased demand. The gen. eral business is better than last year Lumber for mines. heavy timber and planking have been much used. The stocks on hand are good as the dealers are taking advantage of the oppor- tunity to load up before any further advance or any increase in freight rates or before there Is a possibility of car shortage.
 The railroads. which keep pretty close touch to the pulse of business nave Hdu an increasing lTelsnt DuSl- ness in Phoenix and from adjacent points and have handled one of the largest passenger traffics of many years. People appear to have money and want to enjoy some of it in travel This is a healthy indication as to the general prosperity. The ice companies have had an increased tonnage this summer due to a good local demand and the fine output of the cantaloupe crop.
 The labor market shows q good call for men but scarcity of answer The railroads could use more on their sec tion crews if they could get them. Most of the mining camps felt the scarcity till the past month when oper- ations have not been so energetic and some men have been let go and sought other employment. The fall is likely to see things tighten up in the labor problem. The erection of the big No- ble block in this city has given em- ployment to about I50 men, who were in other years scattered out in other fields. A score of smaller houses have gone up recently and more would be started but for the lack of good work men. The retail trade is closing out the old stocks at lower prices and cleaning up for the fall shipments, some of which are now arriving.