Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-04-03
SENLANNUAL
DIVIDENDS PAID
Savings Banks This Week Have
Distributed Half a Million
On Deposits.
NO GREAT DEMAND FOR LOANS
Future Being Watched With Close In
tcrcst Particularly in Regard Co
Crops and Tariff

the past week has been o. rather
Quiet one in city monetary circles eN-
ropt the seml-onnual payment OF I'M
f.rast bv the savings banks ON their
deposits amounting To- FULLY q quarter
of O million In most cases. This
interest was rodopositod as au addition
fo the principal The banks report
tho demand for loans not very strong
This week. with plenty of money m
tho vaults To- lend on acceptable Soc
curlty. The Utah National paid am
uor cent dividend ON "Wednesday The
disturbance i'm the Bingham bank has
been fully covered during the week
o. the daily papers, Cashier w ID.
Fitzgerald being relieved from further
duty boy orders of The court and ID.
q. Blocm appointed To- act boa his place.
GENERAL OUTLOOK.
Henry Clews On his last circular
lstter says:
''rhe future IS being watched with
close interest particularly iu Ie.drd to
crops ana the taum For winter whca,
the OutlOON at present ls quite -ID,iac-
tory, much more So than a. moth o.
two ago. Very shortly preparations will
ne In order tor planting aba COPS, ana
us prices for farm prouu Is at D. es no
are unusually prontaule the OatlooK is
.0r a FUN acreage curing the coming
GEAR. The country requires AN Increase
in yield of at least per cent
Il am its principal crops. CO..
tpl perhaps excepted, and il So le
cases an Increase of ass mucn a.
10 per cent would Doe advisable. Il hor
through larger acreage OF better cuiu-
rat.on. This would insure more reason.
able price for food products, thus TO-
duCing tine cost of living about which
so much complaint is justly heard 10
would also stimulate larger exports. the
decline of which during the last year
haas been one of the most unfortunate
compartments OF our bus.u ss de-
preston. Larger exports of agricultur-
an products would do more than any
thing else towards restoring the eQul-
lnrIum Of our foreign trade, would
stimulate business al home, would IA
crease railroad earnings and insure
continued prosperity To- our fame -
because the larger yield would amDy
offset any shIinkago IN values re- ult-
ing from increased supply The COun-
try has suffered long enough from the
I8lacics OF restricted production, which !
arc nothing less than industrial sui |
,Ile.'
HARDWARE ACTIVE
The hardware trade this week IS IN |
marked contrast with conditions of The !
previous week. The latest tale to tell 1
B. one OF revived activity, in fact the /
greatest activity in two years, orders /
one being placed now In larger guam
titles and Tor better qualities OF goods /
than ever before. There s0ems e. be ]
Iaosening up, especially in idaho, The
buying from there being Tor spring
goods In large quantities. Howe er,
collections are slow, though in 80 or %
days. when the wool clips have been
mal keted, there Will be more money in
the country.
LUMBER SLUGGISH.
The lumber trade reports retail prices
iu the city as very moderate on ac-
count OF tho backward spring which |
has compelled dealers 10 carry heavy
flsoks which they are anxious 10 re-
lcVe themselves OF. Dealers say it viii
be "a good time for people TO buy bo-
fore the reaction sets IN. as TINS Is
sure 70 come in the shape OF advances
later. Every indication points toward
E0od business In the various ceuters o.
iue state. as there Is sure TO be some
very heavy building this spring.
DRY GOODS BRISK.
The local wholesale dry goods trade
cay that travelling men report crafty
ing sales along the road. with hopeful |
indications for the future. Blanketugs, /
kult goods. underwear. etc, with inc
various staple lines. The tone OF the
general market Is reported little hrm-
Dr export demands checking decline in |
l0mcstics. The Easter trade is not
up 10 the normal. but buying lor W St
,rn houses continues good. Dcuius
ID H. d
wholesalers for counter trade. but The
same quiet condition that has prevail
al for some time is stih noted orders |
for ucIng- and other cOlOred goods are !
being filled On moderate quantities
business ls reported better on fan lines |
900 general than Ina amy OF the current
aason's goods The print cloth mar
l.t is quiet also although tho mills
are not worrying. The mark 4 o. firm |
Iu blgachcd COttons, with short makers
complaining OF being unable 90 get
enough of certain lines OF the huer /
counts Western markets are calling
inr staple lines ia prints II a.
hard for the iobbers 10 get hold of
g.lghams although the mills are run
ming TO full capacity The trade in
plain sheer white fabrics has been bet
ter OF late. Cutters of neckwear, waists
and aprons are having "a good recorder I
trade. with duplicate business better
Boo some cases than the initial trade
There ls "a strong demand for WDl made
HIplius ana reps lu white and ln cole /
o.H. DimitiCs are wanted. and almost
Hur kind OF hne linen finished fancy
win sel ou sight m prompt delivery
Da1 be promised. There has been o.
good demand with wholesalers aI tho
season FOR me finer qualities of dumes-
Gle white quilts. There is NOT much
I'ins h the KNIT goods. with the mills