Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-04-25
LAST WEEK QUIET
IN TRADE CIRCLES
Merchants Look Forward for
Better Weather to Help
Business.
BUILDING MANY APARTMENTS
financial Circles See Practically a
resumption OF Conditions Obtain
ing Before the Recent FURRY,

This has been comparatively quiet
u.els in local commercial circles. Pin
anoial matters remain generally un-
changed Prices for the best local
stocks and bonds remain very firm
and practically have got back TO
the Agurcs obtaining before the panic
But any securities, the reputation of
which is not firmly established, ind q
dull trade. General conditions are
far from discouraging, and a healthy
demand keeps up for money at normal
rates. but borrowers without undouut-
cd security can scarcely secure accpin-
modations. In the outside world
conditions are various and conflicting
II must be acknowledged that fuan-
cial matters at the large eastern mon
CIV centers, as well as in European
centcrs are indeed stagnant. rhe
very highest class of securities lind a
market a. fairly good figures; but any
thing that is not true and tried fiuds
a meager sale. All large business con-
Germs of the country are ourtailing eX-
penses to the utmost so as to minim-
lie their losses.
The real estate men report Il quiet
week, the only ripple of which is the
sale of 60 feet at South Temple and
Third West streets nj $444 per front
foot, to A. Fisher. There is great
deal of building going on, mostly east
of Main street. This includes not q
few new flats, as for Instance, two on
Brigham street, between State and
Second East streets, to cost $4,000; one
AT First avenue and ID streets one on
Third South. between Fourth and Fifth
East, and one between Fifth and Sixth
East street; one on Second East street,
between Second and Third South
streets. to cost S125 600. These with
the numerous apartment houses al
ready built, ought to ease up the rental
situation considerably. There is a host
of moderate sized dwellings, building
on the east bench and in the south
eastern section of the city.
ON NORTH BENCH.
The north bench. too. is being built
up, so that by another year, it Will
not be nopportune to talk about a
street car line on Twelfth avenue. This
could easily be extended east around
the city cemetery to Fort Douglas, a
very fine ride, The Judge building is
soon to be occupied, most of the offices
in the building being spoken for. The
brick and stone work on the Newhouse
DullunSs is now wen up 10 lne IOulln
story.
The lumber trade is becoming more
and more cheerful each week. but the
bulk Of the material going out of the
yards is going at about what II cost
in the first place, being the last of
last years purchases. Shipments are
running freely. except on orders for
special sizes. The wholesale market Is
becoming more normal and steady, but
must depend on purchases from the
railroads, which consume 40 per cent of
the lumber cut in this country. There
viii be no general resumption of saw
mill operations until the railroads be-
gin buying again. The trade reports
large transfers Of timber particularly
to- the Milwaukee & st. Paul railroad
and allied concerns. for the protection
of a railroad supply for the roads for
years to come,
HARDWARE TRADE BRISK.
The hardware trade reports the in
crease of the April business over that
of the March previous, as about the
same percentage as that of April, 1907,
over the month prior to that. Bust
ness has increased so that it requires
all the help the local firms can com
mand to handle 1t with anything like
promptness. There is a great sale of all
hlnuS Oh SelSOUdDlt BObus, lICluulis
builders hardware. steel goods, garden
tools and hose, fishing tackle, sporting
goods of all kinds. automobile and BIZ
cycle sundres, ranch and contractors
supplies, and some shipments of min
ing machinery the demand for which
is picking up though somewhat slowly.
In wholesale dry goods, the trade re-
ports dress goods sales up to the nor
NAL, most of the styles being largely in
Copenhagen, peacock, navy and royal
blue shades. Browns are being also
taken in a full range of colors. In
woolens and worsteds for the heavy
weight season. the olive and myrtle
green tints are proving popular, with
broadcloth holding up strong. For ear
ly fall the stripes and checks are be-
ing worked up into suits and skirts.
For the trade making garments for
misses and children, the call Is for
plaids and novelties in high colors'
Cheviots and staple cloths In black
and solid colors are moving slowly,
though well distributed. with fine tall
ored suits for fall up to the average
for any recent year. Jobbers say the
broadcloth coat VIII be u leader this
fall and so will the other staple lines Of
kerseys and neltons for medium grade
outer garments The demand for adj
dltional stocks of lingerie waists ana
complete suits for misses and women
substantiates the predictions of the
designers Lingerie suits elaboratelv
trimmed with embroidery are selling
TO retailers In greater quantities than
last year Sales are holding up Wen
In solid color suits in wash fabrics and
I'm fine white goods with colored braid
Ing for trimmings. In fact, JOhberS