Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-05-04
BUSINESS MARKS
A STEADY GROWTH
With the Advent of Settled Spring
Weather There is Activity
All Along Line.
MONEY is A LITTLE TIGHT
with Considerable Investing In war;
ious Lines OF Commercial ActiN-
Ity in Salt Lake and Utah.

with the advent of settled spring
woather, the business of the city cou+
t,nues to improve with STEADY
growth. In banking money is little
tight in some quarters, but with
rood demand at regular rates, as there
is considerable investing in various
lines of commercial activity. Bankers
report the eastern financial markets
as narrow and irregular, influenced
either way only by dealings of profess
sional traders. The crop news con-
tinues to play very considerable part
I'm the price movements, and it is to be
assumed that for the rest of the month
stock prices are likely TO fiuctuate IN
sympathy, Although ii Is believed that
there has been the usual amount of
exaggeration of unfayorable crop
news for speculative> purposes, the
opinion seems to be that the winter
wheat crop will not be as large as in
1906. Reports from New York state
that quotations for call money are now
even lower than they have been AT
any time last year. and even the BIDS
for time money have been lowered by
/ to per cent all round. This easy
market IS uSCGlDeu To a. Npllulllpu VI
arrested demand Rates on the New
York market still rule high, as CONF
merce demands large sums from the
inland banks, and the spring needs for
farming also play an important part,
REAL ESTATE STEADY.
The real estate market has been
steady but comparatively uneventful
the past week. What interested the
realty men most was the discussions
mt the semi-monthly lunch last We'd
nesday, of the tourist situation II
was stated that 100000 tourists
passed through this city last year,
But the trouble was that they only
spent two or three hours in Salt Lake
and then resumed their journey. 1t
was stated that the railroad ticket
men and Pullman employees were TO
blame for this, and a committee con-
sisting of w. G. futile and w. j. Hal
loran was appointed to consider the
situation and report. The committee
has ascertained that in the first place,
the ticket men at the initial end of
the route have been advising tourists
that only an hour OF two is necessary
to see all that there is in Salt Lake;
secondly, that the Pullman conductors
and porters tell tourists than If they
remain over day, they cannot secure
berth accommodations, to avoid the
extra work of making changes on the
part OF the condl rs. and to pre-
vent the loss of tips pu the part of the
porters. as long distance travellers are
more likely to tip up than shorter
distance tourists,
The committee will recommend that
an auxiliary association to the Real
Estate Association be organized and
correspondence opened with the three
classes of operatives referred to, with
a view to so arranging that tourists
stopping over for one day or two days,
need not lose their Pullman accom-
modations. Another plan Is to send
representatives out on the four roads
centering in this city, to talk to pas
sengers and induce them to remain
over in Salt Lake one or two days
The committee figures that 250,00O
tourists would leave in this city 81
500, 600 in 365 days, II they could stop
over as desired, the money going to
the curio dealers, hotels, restaurants.
livery men, streetcar company, dry
goods stores doctors, dentists, and in
other directions. With this in view 1t
is argued that the game is certainly
worth the candle. Moreover, the vis-
itors would in many cases interest
themselves in the local mining mar
kets. in real estate and the natural
resources OF the state IN general. An
effort will be made by the Salt Lake
Real Estate association to secure the
names of 1000 to 5000 citizens who
VIII subscribe 81 every three months
with which to push this scheme to
interest tourists in Salt Lake.
BUILDING ACTIVE.
The building trades are active, and
more steady now that spring is here
for good. While the general run of
house construction continues good
there is a great deal OF reconstruction
of residences going on. Old houses are
being made over again as good as
new" a scheme that Is Improving
many neighborhoods. Plumbers re-
port good deal doing in the way of
plumbing regeneration which is much
needed in not few localities. The
brick men are still 80 to so days be-
hind on facing frick, though there Is
common brick ITO throw to the birds"
But 1t is claimed that before July the
facing brick orders viii have all been