Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-04-20
Business Situation Continues
About the Same Despite
Cold Spell Prevailing,
BANK cLEARINes INCREASE.
Financial Stream Runs Smooth and
Deep With no Ripp1cs on the
Surface to Speak OF.


about the same. except that the advent
OF unusually cold weather has curtailed
Some Of the local trades, In banking.
as one fnapcier puts 1t. the stream has
run smooth and deep, with no ripping
to speak of on the surface. The clear
ings show a daily Increase over The hg-
urss OF the corresponding days of the
previous year. with but one exception,
30 THAI the general volume OF trade is
shown to be considerably on the In
GREG Sc The Deseret National bank de-
cleared a quarterly dividend of per-
cent, $4,000. last Tuesday, and this
institution with the others reports a
good demand for money. The matter
OF the proposed Bankers association Is
still belng talked up. with indications
that during the coming month such an
organization win be effected. The fine,
white stone front OF the new building OF
the Utah Savings & Trust company is
nearly up, and makes very pretty APP
pearance. i Will be q great addition
to the street. The Salt Lake Security
a. Trust company has just completed |
It's new safety deposit vaults which are |
approach ed from the floor above by n !
broad and elegant marble staircase
THAI would he a credit 10 one Of the |
hlS New York banks. There is moth
ing like il in this par, of the country.
The Commercial National bank has
force of mem actively preparing the re-
Gently vacated Mullett quarters on the
ground floor of the bank uiding, for |
occupancy by the bank which has long
needed enlarged facilities for business.
The banks all around have no COM
plants 10 make except that the rush OF
business at times is trifle strenuous,
REALTY MARKET.
The real estate market has been very
fair ON the whole. though devoid OF any
spectacular features. Dealers report
steady buying and selling in homestead
realty, and comfortable little homes
are springing up all over the city.
Bishop Woolley characterizeS the num-
ber OF new houses going up as thicker
than hair on dog" He says he recent
ly saw sc new houses going up within
a radius of four blocks And these are
needed for the city Is growing rapidly
and people are coming In here from
the outside and want places OF abode
But while there may be at present a
scarcity. there ought to be plenty OF
houses and places in which to live by
fan The Sharp Flats VIII be ready
for occupancy in a few weeks, r., f.
McGurrin Is about 10 erect q $4,000
apartment house on Brun swick ave,
Birrel. tho realty man is 10 build large
flats near the state university. and
other parties are making similar plans.
The building is of course lively but
there is scarcity of brick reported
again. manufacturers Waking orders |
now TO be filled in 60 days. Bad roads
and a famine In teams are a factor
in the delay; but according TO a promi-
Eent real estate man the demand al :.
ready Is so unexpectedly great for the :
new houses going up that brick makers :.
will be put this season to their metal to y
supply the demand in anything like y
good time. III is considered fortunate e
that The great Newhouse blocks will p
eed but very little brick, as were brick o.
to be the principal building material, u
there would DE something OF a repeti- c,
ton Of last summers experiences, One {
OF the brick com panes, the Salt Lake, | II
has invested $4,000 In teams SO that 1t | Il
VIII not be dependent upon the whms q
and caprces of team owners, and Will
thus be able To deliver brick with reas- ii
enable facility. Efforts have been made
10 bring about hauling of brick uptown =
over the State street railway tracks. a
This is done in other cities. and there Is =
no reason why 1t should not be done 7
here: but so far nothing has been ac- Y
complished
HARDWARE OUTLOOK. D
The hardware trade was very good y
his week until the last two days. when -
The sudden change in the weather ratlte L
n sobered down things There is still :,
l rush for spring goods, automobile z,
supplies being particularly in demand n
The cutlery business Is reported as ex- la
,ellent' also a good call for autonla tic u
irlng gums Tor sheeph orders, There Is y
call for garden hose and tools. re- o.
l1gerators, Ice cream freezers, rakes, ~
no. But the demand for mining sup n
Plies has eased up for the present. 81
RECORDERS IN DRY GOODS. s.
The local wholesale dry goods trade W
eports the markets steady. with no in w
LEGATIONS OF any sagging, The situation ~
; being controlled by the ability OF "
he producer 10 produce goods, rather W
" facts, faneles or figures in the price VI
II cotton The high prices are consid- "
RED as likely to curiail trade IL they w
'eep on. as people will shortly begin TO w
Gel as though 1T will be best to make ~
he clothes they have do. But Just at z.
resent there is big movement IN
lereha ndizins all over the country, Re
rders are being literally received on Sa
prlng s'uffsi but most OF the travelling "a