Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-04-24
Real Estate Investors Are in the
Lead in the Call for
Money.
SEES SIGNS OF REVIVAL.
Henry Clews says the Future Is FILLED
With Bright PrOmlscs--A Review
OF Local business.

among the more prominent OF those
seeking 20 make loans. Many OF the
borrowers are using their money in
building outside of the city limits but
close 70 the car lines, thus escaping the
taxation that burdens property within
The municipality. This Is one cogent
reason given Cor the phenomenally rapid
growth Of the suburban residence sec
lions. Money is fairly easy and is
growing easier, owing to the increased
shipments Of wool which are begin
ming to bring the needed financial re-
turns. Rates continue unchanged. and
the bank cloarings are ranging from
30 to 100 per cent in excess OF tho
clearings for the corresponding dates
Of l90S-all OF which is very crafty
ing.
Henry Clews in his last circular letter
SAYS;
In business circles there are con-
tinued signs OF revival. This is par
ticularly true OF the building trades
in which there Is much activity in the
erection OF large buildings resulting
from cheap money lower raw materials
ana ANAAthEtQ NAAAlfllNA OF lH nOls IntEt
Is also much activity in the structural
department OF the steel industry The
railroads are now placing orders moro
freely, and il Is not improbable that
April viii be a record breaking month
in structural material orders. OF course
prices are exceedingly low and in many
cases profit has been reduced 60 a min
imum. As a result economies are
being enforced in every direction. sone-
hKr 1nEgamfTp
times by lowering wages. Another
sign Of activity is shown In the large
purchase for wool by manufacturers
who see orders ahead, The cotton
Industry IS also IN satisfactory condi-
tion the retail dry goods trade is be-
coming more active. and on all sides
signs are multiplying that we have
turned the corner and that better times
are ahead. II Is not TO be supposed
that the period OF readjustment is end
ed-that must go on; because in many
cases prices OF commodities are stlll
upon too high a plane, But the lesson
Is being taught that prosperity is pos
sible upon a lower basis. a condition
which Is really more desirable because
more stable and also more equitable
when the necessities Of life can be had
at more reasonable cost The tariff
question Is now out OF the way as a
stock market factor. and cannot even
disturb general trade very severely, as
no harmful changes in the schedules are
expected"
HARDWARE
The hardware trade reports but little
change IN the character OF the Susi-
ness transacted. but that quantitativaiy
81 is steadily improving. with no rea-
son evident why the increase should not
he a constant quantity. The change
for the better In the weather is pro-
missing factor. as Il fosters and encour-
ages out OF door operations in the
mann lines OF activity IN which the
hardware trade Is interested. These
include a call for the smaller agricul
tural instruments, garden tools, wire
and wire fencing, fishing tackle, basa-
ball goods, ice cream freezers, etc
There is even call for next fall goods
for stock, as stoves and heaters, stove
piping. ana the Ike.
LUMBER
The lumber trade reports city trade
as active, but with most or the business
now being done with stocks already
accumulated, and in hand. Receipts
from the mills are not heavy The
character OF construction likely 10 DO
conspicuous this season will be that
not requiring HlANu AuulheAs AZ lhl Au-
stance concrete and stone work, which
only calls moderately on the trade for
lumber material. Several coast lum-
bermen en- route west from an eastern
trip report business active in the cities
but inconsoquential In the country o
gions Prices are not especially strong,
but sellers are not specially eager TO
move stun.
WHOLESALE DRY GOODS
In the wholesale dry goods trade, To-
cal jobbers are busy shipping out s2rin
goods These include poplins having
ribbon stripes running through IN
fabric In a variety of fine colors,
applique goods. which are in great de-
mand. crlnkled seersuckers. satin mes
salines. etc These goods are the high
est product Of the dyer's art. show
Ing not only skin in ooloring manipu-
lation. but In tho fine quality OF the
analine dyes used. In the general mar
ket, gray cotton goods hold strong at
recently advanced prices Brown do
mestics are sui slow, but the stocks
are not large. particularly those s0l1
under well known brands. Wide dycK.
too. continues inactive but with the
new building operations going on, avn
Ing agents are beginning 70 look Tor
better things. In the dress goods mar
ket the demand at present Is largely
on the light summer lines. Some noe
city dress fabrics that have tesn
moving slowly since the opening
OF the light weight season are IN
much better demand. There Is "a strong
call for seaside suitinss, and for plain
piece dyed worstods IN summer weights.
For the fall there promises 10 be a
strong demand FOR sergcs. ana on
cloakngs there Is a moderate business
being done Broadcloths Tor fall Ia
weights for outer garments as well as
for skirts and costumes, are selling
readily shepherds plaids and mohairs
On plain and fancy enects. are NOV
Ing more freely than earlier In the
Ea3gon. Print cloth prices remain
firm, but bleached goods values are un-
certain. The demand for the better
made qualities OF fine dress ginEhams
wiz be maintained Tor the season.
Prices are attractive ana the service
ability OF the goods attracts custo-
mfrs The variety OF pattern and color
effects in dress ginghams this year IL
greattr than ever before and many
retail stores are making special dis
plays. Fancy cOttous are active. The
market has been Hooded with some
lines or printed crnklea that stretch
Tie width ln lnundying and cause a
hagging III sleeves and waists AN Of
which Is Affecting the call for these
goods Bordered patterns are popu-
lar, and cotton ponEees have been
called for quite freely Ia knit goods
values are close, with not much prohi
% manufacturers 1n curIent business.
VA SILKS there IL q strong demand tof
cashmere WeaVfs and meEHalincsi with