Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-04-27
A REVIEW OF
LOCAL BUSINESS
------------------------
Money Market Quiet Without No.
ticeabIe Tendencies of
Any Kind.
INQUIRY FOR REAL ESTATE.
Tho Brick Scarcity and What Manu-
facturers Say CONCERNING It---l1er-
chandisc and Other Lines.

The commercial situation this week Is
improving with the weather Barking
affairs are reported az quiet, with no
features of note, but with q steady
prosperous run OF trade. The quiescent
condition of the market is held TO
be due to conditions prevailing IN New
York One prominent bank official
here llolds that, Notwithstanding op1n-
Ions to the contrary local banking con-
ditions are dependent on the New YORK
money market. and that New YORK IN
turn is dependent on the English imam
cial center 1t is held that, though the
situation this week is quiet the OUT
look is encourag ing from the fact
that the Bank OF England has dropped
Its rate OF discount firm IA 10 per
cent. The bank clearings keep UP their
increase, the figures being such as to
bear very encouraging look
REAL ESTATE INQUIRY.
There is not much TO say as 70 the lO-
cal realty market beyond the fact that
there is continued and steady inquiry,
and numerous residence property sales
con tinue 10 be made. Conservative real
estate men regret that there ~ a ten-
dency among not a few real estate
owners 10 take advantage of the tempo
rary scarcity of houses 10 push UP REM
tails when there is really no lust ocCa-
sion foT it, There are hundreds OF new
houses being rapidly erected in this
city; In Fact so many, that before fall
there ought to be enough 30 supply the
demand. But for the present there
seems to be a little rush In from the
outside which leaves desirable resi-
dence property rather scarce.
BRICK SHORTAGE
Contractors are complaining about
the temporary shortage in facing brick
The manufacture of this class OF brick
LIS attended with special uncertainties,
AS 1t is burned in different Kinds of
kilnS from those In which the ordinary
brick is made. and each burning Is of
several shades of color One particular
shade takes the popular fancy, and
There is an Immediate demand for it.
That shade cannot be supplied right
off, and then there is IA cry about a
scarcity, famine. and all thar sort OF
thing. However. the local brick conn
lpanies say that they Will have several
hundred thousand facing brick ready
by Monday next, of desirable shades,
and il there is any delay it will be
because of the scarcity of teams short
age in facilities for delivery. OF or
binary brick there is apparently no end
Much less care Is required in burning.
and while facing brick are shaped in
molds. the ordinary article IS what is
known as wire cut, which requires much
less time and care The Newhouse ex-
cav atoms are being pushed so rapidly
that excellent progress Us being made |
The seepaGe question VIII not give
tts IL
out the wafer as fast is it |
runs in.
HARDWARE LINE.
The hardware trade reports an i'll
crease OF business for the current
month just closing of 50 per cent over
the business of April, 1906. This is
described as a natural. not a phenom-
email increase and an improvement over
even present conditions for the coming
month is predicted. There Is great
call for builders hardware, roofing,
structural iron and steel, contractors
supplies, wire and wire nails, fencing,
mining machinery, sporting goods,
garden tools, prosp ectoES ouIfts, har-
nesses, etc. There Is great trouble
in securing harness hardware.
Material of this kind has been ordered,
only To- be received at the rate of OLE
case for every 200 ordered
LIGHT LUMBER RECEIPTS.
In the lumber trade, the receipts for
the week or ~ days are reported light,
and the amount OF outgoing business
IS rather small for this season OF the
year. This is attributable TO building
operations not being sufficiently ad-
tanced at this season OF tins year to
bring the demand up 10 the nlslSEmuat
However, the prospects are fair There
S still u great difficulty III getting ma
erial. The embargo on the North
am Pacific which WAS lifted for the
lime. Is on again because the few
lays OF the lit We're suIlcIent to COM
,est The road with lumber shipments
Dealers have confidence in the market,
md are placing oTaers Tor july, Au-
gust and September delivery, at pres
mt prices, manufacturers using hard
yoods are contracting ron deliveries as
Instant as january /, 1909 Local stocks
ne IN fair shape, except In few lines
uch as cedar shingles but In gem
raj, stocks are somewhat lower than
year ago.
DRY GOODS.
The Wholesale dry goods trade is not
ding muen locally The continuance
[ hgh prices is reported along all
ines, so that there Is no telling where
he tide wall cease. Orders OF long
tanalng are now being 1tliad by east
IN manufacturers and bls JobDesss
ut the shortage IN glnBhans seems 10
O u standard quantity, and SOME
pecial lines can not be- mad al all IA
act, dealers report pretty much uh
taplp GOODS scarce, and state there
mi be u scarcity OF fine goods for lsOs.
ne primary market people are nuYis-
lg their customers 70 cover themselves
t once, or tney WON'T be able to get
iany classes of goods at all when shS
OCULAR time Tor ordering COMES founu,
'Tices of silks are strong, ana prices Oh
INKS ribbons and viewers are RuVhie-
ig. In the retail nlaTkeis. dealers re-
orr a rush in all directions, OF course
IA spring goods, so taat general pusi'
ess is heavier than ever, in the east
here Is a great demand for onion
rosn velvet SUITS but this is "a rad
rat has not yet struck Salt Lake, az
nough an occasional costume of 'hls
haraoteT is seen on Main street There
q steady call foT new spring sulls,
lckets, waists. boys clothing. em'
rolderlos, and all lines OF light weigh
Mfls, The demand for gloves stlll con-
nues. the millinery market was never
, a Hveller condition. there Is
larked demand FOR neckwear. The de-
land for linen cTashes and towels Is
lr ahead of thp supply, With prices ~
, rs pOr cent higher than the FIRST Oh
10 year- Dress linens are In heavy
,auest, especially IN champagne, which
to be the fashionable shade this SUM
ler, Natural browns are also goo'l
a, b1 I