The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-05-01
GOOD CROPS MAKE
BUSINESS BETTER.
Reports From idaho and Utah
Rural Districts Are Most
Encouraging.
SPRING GOODS IN DEMAND
NUMEROUS CALLS FOR MONEY
STILL MADE ON THE BANKS.

Continued demand for money has
been the feature Of financial circles
during the past week. If there has been
any particular feature. SO far there
has been an ample supply OF cash to
meet all demands. although one insti-
tuition Of the city has stopped all loans
for real estate investment. Crop re-
ports have thus far been encouraging.
especially from Idaho. and everything
points to excellent conditions with the
coming of summer.
The tremendous building activity
continues to stimulate lumber business.
There has been no change from the
heavy demand OF the previous week
excepting the increasing shortage OF
cars and the consequent uncertainty of
shipments. Dealers report q scarcity
of pine lumber. as compared with the
supply Of fir. There has been an ad-
vance on glazed window glass, and the
heavy demand for cement and inability
of factories to respond quickly to the
call has caused an advance OF 5 cents
per barrel.
Increased sales in hardware lines IN
dictate that business is good, most of
the trade being in seasonable spring
lines. Most dealers report q gratifying
advance over the sales of last year
DdSGUd1l SOOuS anu OuLuLS
have been called for in great quantities.
Harness and saddlery is selling well.
with constant strengthening as the
season advances and farmers are COM
PEELED to secure new outfits TO carry
on their business. Heavy mining ma
chinery has been slow, mine owners
apparently not concerning themselves
with installing new plants until there
is change in the mining situation.
+-aar 4f,s,-- n
Of the week has caused a generally
quiet trade in retail dry goods lines, al
though there is a tendency on the part
Of some people to stock up in clothing
outfits for the summer season. Al
though there has been a good deal OF
warm weather. apparently people have
not shown any decided disposition to
discard winter garments early in the
season except in special cases. As
might be expected, activity in whole
sale dry goods has been greatest in
lightweight spring and summer fabrics.
Although jObbers generally report
I trade dull. there appears to be no pros
/ peCt Of a congestion in the market
| Bleached fabrics are moving better
/ than for some time, and ginghams
/ denims, coarse cheviots, chambrays
and other colOred cottons seem to be in
excellent demand
! Spring housekeeping time has acted
as a stimulus to the house furnishings
+ trade, and dealers in carpets. curtains
and draperies have been well patron
/ lied The erection Of several new apart
ment houses and rooming houses, be-
/ sides the opening of new hotels, has
/ caused the letting of several large con-
/ tracts which have strengthened fur
nishings trade III q large degree.
! Total bank clearings rallied on Satur-
/ day, the last day of the month and
/ showed an excess of a million dollars
with an increase of more than IL per
cent over the showing for the CORE
| spending day Of last year. The total
was 1,191, 1919, as compared with to-
/ tai Of S1,065, 43S.5S. The increase, there
/ fore. was SIPS, 715.21
! On account of small daily totals dur
/ ing the first part Of the week, clear
/ ings fell off somewhat for the week
and showed S5,67S, 430.43, as compared
with a total Of s5,974,6SS.6S for the cor
responding week of last year. Monthly
totals held up fairly well, and in thu
face Of large showings for the month q
year ago were less than $4,000. 900 be-
/ hind the grand total for April, I9es
The total for the month Just past was
sos, 2SS, 013. 40, as compared with a total
Of sSO, 04S, 062.15 for the corresponding
month Of last year.