Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-01-30
IS JOGGING ALONG
BUT THAT IS ALL
Financial World Sees Nothing TO
Stir il Up During the
Week.
BUILDING OUTLOOK is GOOD.
punncss Of Trade, Not Uncommon for
january. Seems 90 be the Fea-
turc In All Commercial Lines.

FINANCIAL conditions during the past
week. are very similar to the farmers
old horse, merely jogging along. There
has been practically no change here,
or ion the wider markets OF the country.
If there has been any change II is IN
the direction OF an increased sluggish
ness. and the Immediate future is not
promising any unusual activity. al
though the outlook Is hopeful in the
building lire in Salt Lake. That phase
OF Industrial activity seems undated.
Henry Clews says in his last circu-
lar. A most unsatisfactory feature
at the moment is the universal dull
ness OF trade January Is proving a
decided disappointment ia this respect
and the volume Of business will UNI
euestionably be considered below that
o. December. The iron trade Is ex-
ceedingly quiet and not employed 10
more than half OF IFS capacity Rail-
roads have ceased placing orders
mainly because they have satisfied
urgent requirements and are inclined
u postpone further orders in expecta-
ton Of securing further concessions
On values. Railroad traffic returns,
moreover are not satisfactory as
shown by the continued large NUM-
Der of unemployed cars Tarim
agitation is also deterrent
upon business, much more so
than desired but there are
many who hesitate about making fu-
ture commitments so long as there Is
auucortainty i'm this respect IL car
ries little weight with many that no
tariff changes are possible within six
months, or that the tariff will be re-
vised by its friends and at time
when our Industries We're never so
little in need Of protection. Some of
our Industries have been SO overcoddl-
ed for years that the mere suggestion
of the Withdraw Of support causes a
SILVER
Time, however, viii show that no in-
furious changes will be made and that
ample period win be given for rcadiust-
ment With the ith of March e new
administration comes in. and Mr. Taft
will undoubtedly call "a special session
OF Congress to consider tariff changes
this being imperative for the redemp-
tion of party pledges. Discussion may
easily last until June or July and new
tariff acts do not usually 10 into eff
feet until six months after passage.
Judging by developments at recent
tariff hearings a stin fight will be
made against injurious reductions. and
because OF weak Democratic opposition
such efforts are likely to succeed New
ertheiess, In the eyes OF many it win
be period of uncertainty and post
ponement and right or wrong, such
ideas VIII temporarily govern Mean
while some Of our largest industrial
concerns dependent on the tariff are
going along accepting an the orders
they can secure without regard to tariff
possibilities. II is also significant thar
importers shelves are unusually bare
or supphesi and large imports are ex-
pected IN spite OF possibly lower duties
The brightest spot IN business at pres
emit is IN cotton goods, for which there
has been a good demand, especially
from the interior. The prevailing inLI-
cations, however, are Tor a period OF
quiet and readJustment in general BUSH
ness which may last until the tariff Is
settled, or some idea is obtainable re-
sarding the next harvest
HARDWARE.
The hardware trade Is gratiaed with
present conditions and the outlook.
Business for the month just closing Is
reported as 83 is per cent heavier than
Iot the corresponding month OF the
previous year and trade Is more
steady Prospects are encouraging. as
confidence continues to increase.
though somewhat slowly as eastern
capital Is taking its time ln drifting
once more this way. Spring goods and
general hardware are being shipped
OUT with ranges also, though for stoves
the season Us past. staple goods are
granite ware. mechanics tools TIN
Maie, builders hardware, sheet metal
goods. fencing in carload lots. with
mining machinery doing better as time
progresses, though somewhat slowly
as yet. Collections are fair They
are likely 10 be a little slow for the
next 80 or 60 days, as the products OF
The country are not being moved as
eA'endedly as they would We're the
loads better
LUMBER.
The lumber trade reports that tho
storms In the northwest during the
last two weeks have seriously crippled
mll operations; 80 that az present, 20
10 10 per cent of the mills have shut
down The result Is that shipments
are slow, ana 10 does not look as
though they would be- resumed under
20 days 10 two weeks ln normal slzt.
This, OF course, affects the market. 10
h understood the mills are trying to
eet better prices, with the market STIFF
ienng perccpubly Higher figures
may therefore be anticipated for nne
lumber and shingles in lhe next week.
sash and doors are already advancing.
ln fact tho sash market Is at poin.
Where one can not cell what TO expect
. Do ihe next "a hours
REAL ESTATE.
Ine real estate market seems 90
nave been "a case. this week, of moth
lns doing" ana dealers are resting on
lheir oars, waiting as they claim un-
lI tho legislature does something o1
me liquor question
L1a brick makers report theIr antici-
l"Nons OF "a very heavy building year.
WHOLESALE DRY GOODS
Ih. detection OF the wholesale dry
goods market as to cotton goods has
ne'pme $50 marked in thc cast that
Managcr Woodruff of a.. a. Co.
Wholesale dry goods department has
t'he 90 New York t0 attend auction
safes of special lines of c0ttong hy "a
number of mills which found theme
'''Fes stocked up on really nnc cote