Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-08-31
Fair Market for Money Largely
For Local Live Stock in
Best Demand.
ACTIVITY IN REAL ESTATE,
shortage in Cars, Still Perplexing
Lumbcrmen--Vuriet In
Dry Goods.


% as the close of the summer season
would naturally produce, and the con-
duet of quite a number of lines of busl-
ness on mail rather than telegraph
Is basis, because of the strike. The fight
ON the Butchers & Grocehs association
has not yet affected general local busi-
ness conditions. In banking, there are
no material changes from the previous
week, locally. But rates are stiffening
little, due to q sympathetic, rather
than any vital connection with the east
ern markets. Eastern paper is being
offered the Salt Lake banks at 26h per
cent. Deposits are holding their own,
there is fair demand for money for
local nvestments-largely live stock.
Salt Lake banking men are gratiaed
that after the violent fluctuations of the
eastern stock market for the previous
two weeks, there are prospects of a
quieter condition. with better ten-
deucy and feeling in Wall street. In
money circles the recent speech of Sec
rotary Taft is well received, as being
uncommonly sound, while the recent
reference of the president to alleged
financial indicators said to be working
TO create as much financial distress as
possible to dscredit the administra-
ton. is regarded as ephemeral. The ac-
ton of the secretary OF the treasury IN
increasing government bank deposits TO
Offset the crop moving strlngency Is
favorably commented upon. Greater
interest than usual is attached TO the
secretary's announcement. because the
distribution Is no longer made in one
lump sum. but in installmsnts, with
the idea of meeting the actual require
merit" as they arise In the different
localities. The recent shary advance in
com wheat and cotton has occasioned
some appreher sion, but nothing oe a
very material character salt Lake
bank clearins;s continue to keep consid-
olably ahead of the figures of the pre-
y'ous year
MORE ACCOMMODATIONS NEEDED
The realty situation is attracting
hire than usual attention because hf
the congestion of population caused by
its increase of 10000 within year. So
while building operations have Eeen
lively. they Rave not .suf,icsd for the
acc N notation of the in comtns crowds.
hs real estate men report the conges~
L; II greater as time goes on. so trey
q appealing TO the public for relief.
They say something must be done. and
tne II an early day, ana ha!e sent out
+ circular, In which they say, we call
m the capitalists at home AMI abro ad
come to the relief of Salt Lake. we
you TO build homes to rent TO
pie who are crying for them 1T good
NAL prices. We will undertake 10
rent houses at profitable rentals, as
,st as they are offered. and will guar
.1tee I. steady demand"
There Is considerable activity in the
bme building market; but the cost of
thor and materials is so abnornally
Ugh that very large percentage of the
uilding projected earlier in the year,
1as abandoned. So unless conditions
can be made more favorable to build
Ag, the Real Estate association may
IL advisable to give up--for the
ae being. anyhow-so strongly adver-
'pg Salt Lake as TO start hundreds of
qies this way from various parts of
ti.a Sountry. when there are not houses
for them to live in. The brick men
say that there is plenty of brick on
hama, and If any contractor cannot get
what he wants 1t is because there is a
shortage on teams. The Salt Lage
Pressed Brick company reports two
million brick in the new kiln, with 10000
to $4,000 being added daily, so there Is
evidently brick ito fling to-the birds
II there are teams enough to haul them.
The realty men are at present having
their hands full in prancing on the
c)rpus deficit of the Butchers G. Gro
GERS association, although their mani
festo published savors of brandy and
soda compared with the straight high
4 proof spirits of the fire and slaughter
resolutions put forth by the Butchers &
4 Grocers in-well. depreciating the moral
Il worth of the Salt Lake Real Estate as
ISOLATION. The realty men have been
successful In shutting the BIS and Gs
out of the chamber OF commerce, and
\ consequent consolidation with the NJ. &
VI. association, thus preventing Alonzo
'ensen from displacing c. O, Harris. tho
Try efficient secretary of the NJ. & M
UGH TO Alonzo's disgust. Mr.. Harris
placid and serene over the result
Nth this defeat, the attorney general
uniting for evidence on which TO base Q
ait for dlsincorporating of the BIS &
\ IS, and the daily press warming the
scket of the latter, the association Is
nding Jordan is a rocky road to
'avel."
LUMBER AND HARDWARE.
n Tho lumber trade reports the situation
about the same as last week, with q
Jew new Jobs In sight; though some
II dealers report more new Jobs to which
TO deliver lumber than there have beer
during the past summer. The trade re-
III ports three new warehouses In pros
Hpoct which will call for an expendltur,
ol A5Vu0O Gencrul conditions are re
Vported as pretty good, except in thu
Em0tter OF cars, and that particular
phase Is as bad as ever II not worse
But local stocks are in good shape, 81
no one win suffer materially, though
there may be some loss In maintaining
asaortments. The fall trade ought t
pc very fair at least as good as las
vycar
There is little change In the hard
V%hre trade from that of last week and
lhe business OF the month Is oonsid'
fged about IL per cent better than the
PANE month OF 1905. The demand FOL
seasonable goods continues, to this
lass now being added stoves which
being received In large ship
lents from Chicago and Detroit
unges are coming along also and thu
oods called for last week are flndint
ready sale this week. II seems Al
Hnough the demand for mining ma
lhery and contractors supplies
ould never cease.
VARIED DRY GOODS MARKET
In HtN.-