Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-08-28
Banks Report Considerable Ac-
tivity Funds for Build
ing Purposes.
1 HARDWARE Al . 4 e. TRADE. GREATER.
Local Markets Show Qnicttng Down Of
Dry Goods, Preparatory to S
Fall Business.

NJ
town and out in the country. Ths
supply is fully equal to the demand.
+ Otherwise the week has been rather un-
.eventful. The bank clerks are prepar-
ing 70 resume their semi monthly meet
ings next Thursday evening when talks
will be made by the delegates to the
Seattle convention. ss
Henry Clews in his last circular let
ter says: &,
Reports from the west are very OBJ
3timlsttc, and the belief IN trade i'm
provement strengthens rather than
Weakens. The harvest Is now begun
AZ many sections and results are report
go as satisfactory 1t Is still too early
l Tor any !: satisfa Glory data as to corn.
( august, 1T must be remembered, usually
being period Of deterioration. Never
! theless the expectation. still holds for
/ a 0O0, 0O0, 900 busfiel corn crop. Along
With this wave Of optimism, however,,
s - q note of caution. Western buyers,
& II is to be noted, are taking hold Of tex
tile and other manufactured products
very cautiously, fearing that present
+ high prices may check consumption and
leave them stranded with large stocks
of high priced goods. Since the tariff
agitation was settled. a decided sense
Sof5relief has been felt in many manu-
featuring circles. and prices in numer-
GUS cases have already advanced In con-
sequence. There must, of course. be
limit TO the level to which values can
be raised, and, apparently, that limit
Will not be reached until the point OF
exhaustion; or until the consumer
through sheer inability must refuse to
pay. A favorable development has
been the recent decline in cereals to
more reasonable prices. This will tend
to somewhat offst the high cost of liv-
ing by providing cheaper food. It,
should also facilitate amuch needed in
crease of exports. The liberal gains
In recent railroad earnings confirm re-
ports OF improving business; for. though
rates are frequently better than a year
ago, the gains without this additional
revenue are large enough to demon
strate a very considerable enlargement
of traffic.
HARDWARE TRADE GREATER.
The hardware trade reports business
this month from Is to 20 per cent
greater than during the corresponding
month. of. the previous year, which is
1t was in July of 1908, that the com
mercial renaissance began. Business
this year Is found to be- steady and
substantially while last year, 1t was
I largely fits and -fuctuating, one
day good, and the next day not good.
z Dealers say that now they can count
3 on every day being good, Collections
are gratifying in town, but not outsin
the rural districts where farmers are
waiting for payment for their crops
before they can make payments. The
continued increase in sales of builders
B hardware continues to occasion COM
nlent Trade lis being opened up by
iobbers In eastern Nevada: but as a
general thing, jobbers are shy about
doing business in that state for the
present. An exception to this is
3 Phoebe. ~ -
SHORTAGE OF CARS
The lumber trade is becoming alarm
ed at the, growing shortage Of cars.
which Is making anything like CELEBRITY
in shipment impossible While there
5 has been no special advance in prices
on general lumber, quotations are
5Esti{fening on shingles, and lath. The
s business, owing to the continued build-
ing which shows no indications of
cessation. Y,
DRY GOODS QUIETER.
In the wholesale dpy goods trade,
local jobbers report a slowing down OF
business as most of the fall and winter
J
4 try stores have not yet got rid OF
their early fall stocks. Other lines
than cottons are showing healthier
tone, with All activity In stock silks
OF special interest as showing the
credit condition of the retail
more than any preceding one
western retailers have been buy
le ing ready to-wear fabrics in a large
way. Jobbers report large additions be-
: ing made to Bingham factories, as buy
ers have not been able to secure all
the. glnghnms they could sell in the
past few years. Some buyers think
these additions will crowd out other
fabrics, such as prints, while others pre-
dict an overproductions of Bingham
styles Trade In domestics is Quiet,
with business in fine gray cottons prac-s
ticaliy at standstill, owing to the
& unwilingness of mills to extend cons
tracts until buyers are ready to pay
higher prices. "A very liberal business
has been booked for spring on linen
finished white goods, and o novelty in
lnercerlzed jaquards has appeared in
the form of a swallow pattern on very
fine cloth, which Is proving a. faVorite
with the trade. Manchester reps In
white and colors are selling freely for
fall and spring. There is a strong call
for heavy Waistings
KNIT WORKS WAITING.
The knit goods market is waiting,
while the best selling underwear of
knitted variety has been union and ath-
letic goods. Burlaps continue active,
with jute advancing. Linens are being
marked up, with jobbers doing a good
fall trade in housekeeping linens, as
stocks in retail hands seem to be very
snort. Damasks, towels sheetings, pil-
low cases, towelings, and other lines
are going higher in price, Taffeta silks
are in marked demand, retailers pur-
chasing more freely for fall consump-
ton, Blacks are the best sellers, but
other coIors are good. Some attractive
sllits are being turned out in corded
tlks having more or less dull finish.
New fabrics are to be brought out
frequently. while silk cashmere has
taken 80 we'll for costumes that manu-
faeturers are now using it as a ground
work for the jaquard weaves. Mesa
4 lines are also proving a favor1te. rus
sab silks are popular. being used TO
meet the spring needs.
FALL. GOODS ARRIVING.
The retail tradereports arrival of adj
vance fall goods, with buyers still In
the east Styles are to be quiet this
fall. but in decreasing quantities. There
MIL be nothing in hats for several
weeks yet.