The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-11-06
STEADY DEMAND
MADE FOR MONEY
Fever of Campaign Has Ten
denCy to Slow Local
Trade Pulse.
HARD WINTER ANTICIPATED
Good Crop Yields Throughout the
Country Promise a Betterment
Of General Conditions.

While local trade conditions for the
week just ended have not been the
best. causes which augur no serious
or continued gripping OF business are
Rscribed by local jObbers and retailers
as prevailing. and these have been ag-
grayated by the fever heat OF the To-
cal campaign.
That the man of small means an
ticipates a hard winter. financially, is
evidenced by the alacrity with which
he is settling outstanding accounts.
The situation is declared peculiar by
those who keep their eyes on the COM
mercial barometer, presenting a spec
tacie Of recalcirance in contracting
further obligations, but with cOllec-
tiOns never easier.
A steady demand for money obtains
among stOckmen, however, who need
funds 10 carry them through the Win
ter. This is one of the bright spots
on the financial horizon.
Railroads entering Salt Lake report
precipitous falling OFF in passenger
traffic since the first Of the month. but
this is easily explained by the fact
that summer tourist tickets expired
with the end of October and many
were remaining in the west until the
limit OF their tickets.
Good Crop Yields.
According to the weekly market
letter Of Henry Clews, the general
condition is improving. Good crop
yields throughout purely agricultural
states are bringing producers their re-
ward for the years work, and with
good prices prevailing, money in these
states is being spent freely for the
things which may be classed as lux
uries.
Railroads continue TO withhold or
ders for improved equipment. as they
have been doing for many months,
awaiting information as TO the out
come O. the general recession. Even
now, with the dizziness ebbing, steel
mills report IS per cent Of their blast
furnaces idle. The necessity for steel
products has not lessened, however,
and orders which have been accumu-
lating will be poured in on the mills
IN flood tide within the next few
weeks. The pending rate decisions
are also declared to have much to do
with this timidity in the purchasing
departments Of the railroads.
The effect of unusually pleasant
weather for this season of the year is
being felt generally throughout the
country, according to reports from
the hardware trade. The demand for
heavy hardware common 10 severe
weather has not started in any sec
ton Of the United States, and this is
another condition that past experience
indicates will be relieved within the
very near future.
Lumber is moving slowly every
where, JObbers reporting business even
Mater than they had anticipated. The
sales in cement have fallen on until
the trade can scarcely longer be con-
sidered, and with freezes 1t will quit
entirely.
Building Projects.
Open weather. which has been dis
astrous 10 the hardware and cement
trade, has had the same effect on dry
goods, although spring goods are
being bought in large quantities. Sea
sOnable lines have thus far proven a
drug on the market
New building projects belonging
properly 10 the calendar Of the week
were scarce. although the week has
seen the start of several which were
previously in contemplation. Among
these is the new Liberty playhouse on
State street. A row of small one-stOrv
brick store buildings are announced
Tor West Second South, to be built by
Motifs q DOWse, opposite the SaItair
depot, and the extension OF the lease
OF property occupied by Elias Morris
q Sons, 21-A9 West South Temple.
has brought forth the declaration that
a new building will be erected there
by the lease holders. DIR. Heber ].
Richards of Provo is the owner of this
site, which has been occupied for the
past thirty years by the present occu-
pants. The new lease calls for A
tWenty-five-year extension