The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-10-17
GOOD WEATHER is
CAUSE OF ACTIVITY
Trade Conditions During the
Past Week Have Been Nest
Satisfactory.
GRATIFYING MOVEMENT
ALONG LINES OF TRADE
Local Atmosphere Is Pregnant
With RumOrS: Local Stock
Quotations.

Aided bv unsurpassed weather condi'
lions. tho past week in Salt Lake Nltv :
business world has been one of gratIiy-
ing activity. In all lines of trade re
ports arc that the volume Of trade has
been good and that, while there has
been an absence of boom in any line,
tic market has been steady.
The bank clcarings for the week may
be taken rs an indication of the en-
larged range Of commerce. AS com
pared with the similar period al last
wear tho bank clearing house reports
IN increase Of more tnan mlli0n ana
Il half dollars.
In the money market the demand
continues strong. For number of rca-
SONS, however, loans are not being made
iu an unusual degree, One OF these
reasons is the impending demand Tor
ready money with which TO pay the
wear : taxes. Another is that the re
marlablc building operations require
money on demand. The financial sit
uaiion is given by all the bankers as
being satisfactory.
The price of rubber lS 'hc main fea-
;urc in the hardware trade. The quo.
iations for this product are quite donblc
those that previously ruled Building
hardware is in big demand; this ~
due TO the fact that houses and build
inas are gong up in every section OF
the city. Guns, ammunition and other
hunters supplies lrc nj the crest. The
shooting season j. promising. the game
plentiful and The sportSmcn alert. The
approach OF winter has caused heal
thy demand in stoves aud furnaces and
their repairs and attachments.
Lumber Dealers.
h. al
shortage of cars The activity of build
ing operations has had the effect of en-
larging The demand for lumber, sash
and doors There has not been an extra
ordinary influx of orders, but the trade
is healthy.
The demand for cement is greater
Than the supply. \ number of the new
buildings that are being erected are of
reinforced concrete and consequently
much of this material is used The com-
plant is here made. too, of car short
age. resulting in much delay III arrival
uf shipments
Wholesale dry goods dealers report
u healthy state in their branch of
commerce BeIatcd delivery is a source
of much annoyance. This Is not due
Ia the negligence of the railroads cn-
iirclv. but eastern manufacturers arc
Slow in placing their cousi Gnmcnts on
board ears
In MANY lines the tendency is stead
ilv toward higher prices. This Is par
licularlY true of cotton goods. some
~ the spinuers refuse 10 quote prices.
selling only on ruling value basis.
Mnrh Of the msicadinesS IN the cotton
goods market may be attributed to the
unsettled conditions in the south. Those
who failed 10 lay in their dress ging
hams carly may find themselves cup
against it,. for it is almost certain
hat the prices will 20 higher. Heavy
browns show au increase in price. staple
prints arc also higher.
Real Estate Market.
The real estate market during the
week has at least one distinguishing
feature The salc of the kimball cor
uer and other property adjoining ON
The east, and the announcement by John
e. DAILY and s. v Dcrrah that a half
block of sevcn-story business buildings
viii be erected as soon rs possible
means the expenditure of three quarters
Of a million dollars-half- million for
The buildings and a quarter OF Il mil
lion for the sites. The great structures
ON Main street To be built by Senator
Thomas Kcarns was officially sanctioned
by the building inspector. whom he is
sued n permit. The permit calls for
100000
The total incorporated in the build
ing permits for the week have creased
the total for the first half of October
Ia $l,0SG.250. Tho total for the year
thus far is STOP go. Last year 5 en-
tire total WAS only - 1928 900. The per
mits up TO October of 1908 was only