Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-04-11
BUSINESS IS
ENCOURAGING
ocal Conditions Are Gratifying
IN That They Are Recovering
Normal Equilibrium.
oplsK EASTER TRADE IS DUE.
,.o, for spring Purchases Glad
,ens the Heart of the Merchant
In salt Lake and Vicinity.

-, bnsiness conditions this week
rotifvIng. In the banding or iinan-
se,d matters stu wear an en-
,,rr look. In the financial para
ssanb OF these business articles fire.
e an, reference has been made to con-
s,.ta,s IN New York, and 1t may be
80 what bearing have cen
,,.Ions there on the situation in Salt
lake? The answer is that the whole
rid by use of ocean cables anu land
telegraph lines. has become me nnan-
oIol tamily, so that conditions, good or
sad refect themselves to the remotest
quarters Of the earth, and local pros
meets have come to hold close rela-
.,orship with the larger commercial
csnters OF the country, Bearing this in
Mind one is glad to know that COM
,nercial conditions all over the country
are certainly surely, though slowly, re-
eoyering their normal equilibrium.
The recovery Is the faster in the GEN.
,ral parts OF the country; slower TN
ths two coasts, The situation in y wv
YORK while Improving, is improving
slnWlN. lntIt SttIliS 10 Dt IL lA0Up
zion to wait and let things adjust them-
sslyes TO the normal level without m
healthy and extraneous aid. Money is
formulating there, and The pos
meets are that it will continue 10 actu-
mulate so there need be no fear but
there will be sufficient money TO move
tse COPS next fall, without disturbance.
RAILROAD reports for the first quarter,
thus far, are beginning TO b. fOreshad-
OWED though not yet in hand. Tn9y
Indittie shrinkage in gross revenue
very considerable, and the roads DO
not seen to DO able to meet these
conditions with any consid 4fa,le re-
duc.0n In expenses. There seems TO
be i disposition to try and Yet along
without cutting wages, reaching re-
suits by employ ng fewer man, fewer
days, and fewer hours. This will prob
ably be more satisfactory to the men,
for they can see the railroads are in
cllned to deal generously with them.
So there is not much talk of striking,
and no great amount of complaint.
IMPORTANT FEATURE.
An important feature of the week
has been the action of Hartman and
Morgan in caring for five and a half
million of Erie notes which matured
April s, The uncertainty as to what
would be done in this matter threw a
pail over New York until the matter
was disposed OF. But now that the |
sky is clear, the situation l.. more hope |
ful. In the manufacturing districts, |
especially in New England, industrial |
interests are suffering considerably for |
lack OF market, and production is |
ssing curtailed In consequence. While |
his Is TO ha no 90
eject on employment of help, yet It is |
not an nmixed evil, as II prevents an |
undue accumulation of goods, and e. de- |
preston Of business by price eompeti- |
ton. IT must be confessed the business |
recovery Is not as rapidly as was |
thought some little time ago. Yet the |
fact Is that the recovery, slow though |
II may be, is along sound lines. Patience |
Is called for. and matters will adjust |
themselves according to the laws of |
trade
Real estate has been steady during
the week, but with few features. Newell |
Seeman bought for $4,000 from j. e. |
langford. So feet front on North Main, |
Just beyond the Jenkins Terrace, where |
ne Is proposing to erect an apartment |
house for the full depth of i65 feet. |
lnere nave been quite a number of |
sales, which In the aggregate |
amount to considerable. The brick |
men report continued heavy transac- |
TONS and think the building situation
Is very hopeful. There continues a |
great deal OF talk about building this
.prlng but not much has as yet ma
teHalzed
LUMBER RBVIvING.
The lumber trade reports plenty of |
cars at moments notice, with trade
feVNing generally, tho ugh retailers
are not buying much, as local stocks
eic IN pretty fair shape, The prospects
lOr the spring trade are considered |
good, particularly as the mines are
iiesumlng operations and calling for |
umDers. Prices are reported as weak |
~ ever with no immediate prospects |