Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-02-13

tation I'm spirit than has been expert
enccd In many months. BY general
consent the tariff Is blamed for this
state Of affairs. yet. while an element
OF delay and uncertainty Il cannot be
held responsible for many OF the signs
OF depression which are daily coming
under observation. Iron and steel
products are not dropping because OF
an impending change of the t8irf. os-
pecially for nothing hurtful is expect
ed in that direction Iron and steel
prices are declining simply because Of
lack Of demand. Railroads are small
purchasers, notwithstanding the ease
with which they can raise money. and
our finished steel plants are running
TO about only 60 per cent OF their ca
pacitN Buyers have been distrustful
because steel prices were held up in
face of depression after the panic, and
they remain distrustful because thew
know that prices depend more upon
artificial regulation than upon the
open play OF campetition-which Is
always safer test Of real value than
the arbitrary decision Of great COM
binatiOns. Copper. too. IS weak for
similar reasons Tariff has nothing
10 do with this commodity. but prices
have been so long governed by arti-
ficial conditions that buyers have lost
confidence and will not take hold ex-
cepf at lower prices. In this they are
encouraged by large supplies. by the
falling on I'm new building enterprises
and by the general feeling that the
country, whether il likes IL or not.
must endure a period OF further quiet
end read1ustment"
NOT A BIT SCARED.
The real estate situation continues
hopeTul Notwithstanding the senseless
wall from short sighted members OF
the realty brotherhood that prohibit
ton would wreck the state one
prominent realty firm has deals on
hand aEgregatiug $500, 600. and shows
kilograms from half a dozen large
cities requesting the firm 10 notify
the Eenders as soon as the threatened
vacancy Of 1870 stores I'm Salt Lake oc-
ours, In case OF prohibition legislation
as they stand ready 90 pick these on
portunltics right up II As also a fact
that a well known realty dealer who
claims 10 personally favor prohibition.
nut Tor commercial reasons has taken
a stand against it, has now IN his pos
session "a similar telegram. but rs saw
Ing nothing about g. 10 IS beginning
70 be realized that for every business
site vacated because OF prohibition.
there viii be half dozen bidders
from outside
n hf iitA' 'tN Alf AfNNhln COLLECTIONS ana
general business good. considering The
time OF year Many orders for spring
goods are being shipped out. these IN
Guiding car lots of fencing and ropo
for reshipmeut 90 retailers from dis
tributiug poiuts There is also O. strong
call for household goods
The lumber trade is interested over
the successful meeting of the western
retail dealers at Spokane. and who arc
now returning home. q. -. Hayden OF
Washington state was chosen pr,sI-
dent, in place of the retiring executive.
George r., Merrill OF this city. who has
held down the chair for three years
and is anxious 20 give someone else
chance 20 try his hand az o. General
conditions on the coast arc anything
but satisfactory. There are few pao-
PIE IN this section who really apure-
ciate the damage suffered in the north-
west especially in Oregon. on account
Of the late series OF storms