The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-28
SPRING TRADE
IN FULL SWING
Retailers in Several important
Lines Enjoy Prosper
GUS Season.
FREIGHT SITUATION BETTER
RESIDENCE PROPERTY ACTIVE
IN REALTY MARKET.

AHo SDElnE lTdue Is IN lIll SW4Ek III
Salt Lake and general business is heav-
Ter with the local merchants than ever
before. The past week has started things
off in earnest, apparently. for the dry
goods men. the clothiers and the shoe men
have experienced big sales and are very
optimistic over the outlook for the re-
naming spring and the summer months.
The wholesale dry goods merchants are
experiencing rather a quiet period, due to
the high prices of all lines of dry goods
There seems to be little possibility of the
prices going lower for some months. Old
orders are being filled at present and re.
tailers are short on all lines of ging
hams. The high prices are prevalent all
along the line, especially so in silks and
velvets.
Freight conditions are Improving rapid
~ and goods from the east long overdue
are arriving in larger quantities than at
any time this spring. Shoe men are get
ting in their summer stocks and they are
selling rapidly.
The clothiers are experiencing heavy
sale of boys clothing and OF all lines of
summer goods Tan hosiery is proving
popular and large sales are being made
In this line of clothing
The Real Estate Men.
No property of any size has moved here
the past week Plenty of residence prop
erty has changed hands, however. and at
excellent values. In spite of the fact that
the more valuable commercial properties
are not being taken up as rapidly as at
the first or the year, values have been
going up instead of decreasing, as was
predicted by the skepticeL At least
dozen buyers have been in the market the
past week for business properties and be-
fore the middle of the coming month 1t
IS expected several big deals will be
closed. Samuel Newhouse is expected
home from Europe early next week with
more definite announcements of plans for
the hOfa1 q will ha oil
ker corner. The residence on this lot is
now being removed preparatory for exca-
yations for the hotel. Excavating on the
Boston block and the Newhouse building
on lower Main street is progressing rap
idly. Water has been struck on the for
mer property and the engineers are put
ting down test holes. believing that the
water can be drained into these holes
and pumped out as the excavations are
put down for the foundations OF the big
building. The brick work on the Judge
stood that as soon as the building Is above
ground and the first floor constructed.
day and night crew Will be worked on the
structure.
Contractors are having hard time get
ting facing brick. The market In this
product is exhausted, but dealers are
promising early relief. Several kilns are
about ready for market but they have
the cheaper bricks and they are being
used as extensively as possible. Scores of
houses are at q standstill as far as con-
struction goes on account of the scarcity
OF the pressed brick. Prices are the same
as they have been all spring. though
premiums are being offered IN some cases
by builders anxious TO get buildings in
closed.
The rental market is as bad if not worse
than two weeks ago. The influx Of peo-
pie who want homes is undated and
there is scarcely house to be had any
place in the city, as the dealers have
secured every street in their efforts to
house clients. Rents as predicted are be-
ing advanced, but II Is probable that they
viii resume their normal level.
Hardware and Lumber.
Hardware men are jubilant over the
amount of business they have handled
during the past month, as II was greater
by half than the business for last April
Lumber receipts are lighter than ever
before, as the Northern Pacific has put
another embargo on northwestern lumber
The few days during which the embargo
was lifted was sufficient to longest the
road with lumber shipments. Shingles are
practically out of the local market.
The banks report no change in their
business. Cle2rings are running higher
than for corresponding DAYS last year and
the general tone of the situation is good
Stocks and Bonds.
A number of transfers have taken place
among the sugars during the past week
at better prices than were named a week
ago. AS a general thing, however, the
other stocks are inactive.
The following are the latest quota
tons: