Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-08-03
Increase in One Day During
Week Was One and Three
Quarter Millions.
RAILWAY BONDS LIoulDATED.
commercial Conditions Generally Sat-
tsfactory, With Demand Unprc-
cetented In Some Lines.

WOO, commercial conditions are re-
.,ed satisfactory this week, thoush
T.. some lines there is very little ooins'
-, ,ha banking field the feature Is the
.ooord breaking increase In the clear
,ouse transactions. the increase on
dov the list inst, being one ana
,hree-ouarter millions. This was ou'
- the liauidation of the old SAT- LAW
S,,.,, railway bonds of 1901 py ule
1r,rriman management OF the IVA"
,ght & Railway company, SUCCESSOR
a. the old organization. The present
,napv Is by no means hampered as
~ nreyious management was, for lack
~ means necessary to put the phSs'a'
yronerties of the company IN accep'
'hia condition. There Is now plenty
20 ,,onev and plenty Of material, ana
H. orlv thing to make the management
zoo, Mt all like having the nightmare
4 tne hostile attitude of the city couh-
ell. 20 vary
The demand for money seems 10 Na.y
With the different banks, accoIoihe -
the nature of collateral oHereo' o"s
ranking institution in particular WIN
NOT accept mining stocks as secur,'y'
arother has no objection TO TINS oiass
o,,a.eral One is careful ABOUT
s,n,, IN real estate; another Is not
en- particular; SO that the Damn '"
,oors ON the easiest security puts o".
Inc most money. and reports that
Money Is only in fair demand VI .d
II Is in strong demand vary end 8
i,oIy Rates are quoted at . anu
,,ar cont Local banks are lhterests s,
~ p W. present eastern furry, when III
nistas unsettled conditions down e"st,
sS ono Salt Lake bank was oneIe aa
am from New York. soo,oVV
Svorth of commercial paper at o1s pu'
cent The offer was sun unu S,ast e,r
Ss5ar, finn at last accounts. Easterh
S,,ices rsport the attitude of the leu
.aI government toward corporations
e" as,in, n continued unfavoraple IN
s,,anee on the market. Time money
.,,,nins tight. Railroad earnings con-
tinue to be very good, ana pusiIie1i,1
throughout the country SHOWS up We" e..
1-ha iron reports are encouraging, pue
nv ine sa,Irre Of the farmers to secure
tho heln necessary to assure iu'i
s o, of the crops Is rather as
couraging.
AL III II
Very little of note is doing tnese
dsvs in the real estate market, thous u
line dealers profess not 10 pc ioic, ~
siderable selling being rep tna, there
are now $50 of these being erecteu
n,,.r the city. with prospect OF ,ne
Sriid,nr continuing through the VIII
~, 1, tho weather is at all favoraple'
A. Zach of these will consume a Ton
Of coal per month during tne ., N
,nonths of cold weather. the
crease in consumption from .' &c ,he
,a,,rce alone will be $500 tons TOT Wy. y.
go houses. The query is where Is
ali this extra coal to come from -.
TIVE Zeal Estate association AT .s
,,,a,,oon meeting of last "wednesday
hoard reports covering tne ousis 90,
~ ANIMAL outing day. ana closeu ~,
the accounts. A number OF priNes sun
remained unclaimed
PRICK MEN PLEASED.
r,o brick men are pleased at the
,ossation of all complaints aoou.
the;, alleged shortcomings. ana say
thev are prepared now to do a Iarks'
,,ms,nass than Is at present peihe oi
teraa The Kaysvilie company re-
,oived its new brick machihe ...,,
dav so that 1t Is now reaoy W
out 100, 900 brick per DAY "i'''1'
difficulty.
HIVES OF INDUSTRY.
The sites of the Newhouse bniidngs
are hives of industry Two mug
derricks have been erected III tns
ceIlar Of the south structure, eaSl
with a steam hoist to operate ~, IN.
structural steel is being received IRON a
PIttsburg. and the concrete Loouns'
for the piers are being hhlsheu ny
There is an Immense amount OF con-
rrate going into the substructures
Of the two buildings. The steel worN
for the second story of the Raiiroeo
EXCHANGE building Is being SET IN 10
sltion. and the fire proof constructors
Is being laid on the Same noor'
Active work is in fun blast az nv
Short Line station on the p rel,nI.,,
aries for the new union passenge'
s,ation New projects are being tax
ed about. with the reasonable propa
lillty of sanitarium at Becks no
snrInrs by another season. ana III
electric railway to Gariieid.
LUMBER TRADE GOOD.
The lumber trade reports acceptance
OF many orders for material tcr sih'ii
homes about town, with many eo.lhs.
OF three TO seven rooms In prospec'
and more figuring on home building
than has obtained for the last fou
months. Labor continues high, put
Is not so independent as II mas peen
The lumbermen concede that me w.
roads Will make an effort 10 adVahce
rates, but in this they VIII DC oppose
BY every one In the business Dealer
say that aside from the interest of IN
consumer, the manufacturers OF the ia
oific coast cannot afford to have rate
raised east OF the Rocky Mountains un
less the same thing is done for TN
southern pine mills. II this Is not done
the southern people VIII nave sue
marked advantage over the Puse
Sound mills that Oregon. WashinBto
and California mills Will be shut out o
the eastern markets. Dealers say ina
at present they only officially know o
one advance, that In pine lumber froi
California, and really do not expect @
much of an advance In the east as
feared.
At all events, dealers In this marke
are taking time by the foreloek ana ar
getting In all the lines Of stocks the
can before October, when the new Pre-
posed advance In rates Is 10 take effec
F'orty-flye cars are now In the Sa
Lake yards loaded with lumber titA
have, some OF them. been on the roa
for six weeks--on sidings, IN YARDS, .
ogden, aud strewn along anywhere :
there is no scarcity In lumber stocks
the Salt Lake yards al present
uARnWARE ROSEATE