Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-05-09
|R|IS|NESS HALTS
At M|D-SEAS0N
air Conditions Obtain, However,
In the General Trend
Of Affairs.
uoueY MARKET HEALTHFUL.
canton of Normal Conditions
.,es opacc with Renewed Faith
IN Eastern Financial Circles.

rs0 local business situation shows a
,,irued advance toward re-estab-
4 .bment Of permanent prosperity. In
banking world the tone of the
4 ov market indicates as last week,
i faithful conditions. Banks have be-
4 - 10 return the s45,00o,000 called for
A the secretary of the treasury, but
4 ooelnts from the interior have so far
meet any loss sufficient to cause fear
IN any strlngency'
Il Under the title of THE Promise In
H. west" an eastern financial maya
4 no publishes the following pertinent
= oracraph which certainly applies to
Il ondItlons in Salt Lake:
A Banking has been particularly sue
y ossful In the west, showing that there
a everv reason, as well as promise. for
f. wonderful growth and develop
&1ent. In recent banking failure the
q ourt allowed the banking institution
(which purchased the assets of the
y led concern, two years in which to
&enav the creditors. Before the first
y an mas ended all the liabilities will
4 I'VE been cancelled. This is but one
N stance of the solidity of affairs out
~ For anyone looking for OPEN
a &c for capital or industry there Is
&oytainlv no better field than out
Gr5nrh these districts, where there are
Snaninrs for all kinds of talents and
~ money.
LEGAL conditions continue about the
Z mo with plenty of money to loan on
xuiisfactory security. Deposits are in
<reaslrg. and the bank clearings are
Knowing up well.
Il IN REALTY CIRCLES.
Thu realty market has been satisfac-
~ during the week. There have not
&een sales of special note. but there
&aye been many of moderate amounts.
fne prominent real estate firm re-
Iris small sales for a week amount-
IN to $4,000. Fifteen apartment
&ouses are reported either in process
n erection, or in immediate prospect.
Ind It is claimed that all of the suites
a rooms to be contained in them will
a taken before the buildings are fin
HE'D The flood of cottages continues
"A grow. They are springing up like
|&ushrOoms all over the eastern section
y the city, and there is considerable
Ullluins IN progress oIl tht Nt'se Siuc'
"A has been noticed that property
4 llues have held their own all through
IA hard times" Rents also con-
hue unchanged
n LUMBER.
eS'rhe lumber trade reports good pros
oects with business maintaining itself.
and stocks moving fairly well. How
ever, dealers think Ii will be nearer
midsummer before any considera BILE
Nj vement of lumber takes place: and
height rates will largely influence
HARDWARE.
The hardware trade reports condi-
Pms good with patronage from out
De Increasing, and barring mining
achinery sales which are still rather
bw, trade is steadily improving.
kalers report heavy sales of ham
ocks, photograph supplies, automobile
tppies, refrigerators, paints. oils.
Indow glass. They say il is proving
De best year the paint trade ever
bd in this city. There is likewise
good call for sporting goods.
DRY GOODS.
SIn the dry goods trade, wholesale
ing of fall dress goods. There are
fayy receipts of calicoes from the
Nils in new and original designs. job
! the general dry goods market, al
1lmulating the retail business.