The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-06-05
TRADE STEADY IN
SPITEOF QUIETUDE
Opening Of New Copper Bank
the Financial Feature of
the Week.
SEASoNABLE SALES GOOD
GRADUATING TIME HAS A GOOD
EFFECT ON BUSINESS.

That there IS general tendency 70
pick Up In business lines and the oui q
look for the summer is much better
than Il was a few weeks ago. is the
remark made By many business men
here during the last week. and the
real estate dealers exhibit great con-
ddcnce that there will be even greater
activity after a few weeks. The tea-
uro OF the week In financial circles has
been the opening Of the splendid new
banking rooms Of the National Copper
hank. The organization OF this instl-
tuition IS ample justification, II Is said
that there g. n constantly incE casing
business. and that the prospects Tor
the future are excellent
In SPIKE Of a slight quietness In
many lines OF trade. matters have
boon steady. The demand for money
continues good. and local fnanciers
report an encouraging feeling due 10
improved eastern conditions. Week
before last bank clearings fell on
slightly. but they recovered during the
past week. and showed q gain OF 81
141.40f.11 over the corresponding
week or last year The total TOT inc
week Just closed was S5.6Ol.LO3.t I. as
compared with a total of S4.659. 1924
FOR the corresponding week OF 1903
the gain thus being more than "a per
cent Total bank clcarings for Satur-
day were S1.03S.3ff.f6. as compared
with the total Of S1.266.76S.15 for the
corresponding year OF last year. There
was thus a falling of Of more than
100000 for the day. All other days
OF the week have shown a gain over
the showing OF last year. The tota
for the week a. small. however. on ac-
cot Mt Of the holiday on Monday
which decreased the amount Of bust
ness done.
A Steady Demand.
In the hardware trade there is
steady demand for goods especiall,
for summer goods and fan OUTING
supplies. The call for builders hard
ware is not as heavy as Il might be n
this time OF the year, and apparently
there Is letup In the excessive
amount OF building which has distin
s-uishcd the city for the past TIVE
years. In the general total. building
permits run ahead OF those or las
year. The excess has been made M
during the first three months Of tn
year. however, and the last tw'
months have shown less activity thai
the same period en- 1903.
Seasonable goods sell well. however
and lawn mowers. garden hose. shee
metal. tiaware. fishing tackle and I'll
sorts % sporting goods have sold well
A large part Of the trade comes from
Idaho. n g. said. especially the whole
sale trade. this explanation being tina
the Idaho fishing laws are not 81
stringent as those Of Utah. and mer
chants there are stocking up for tn
season. There his been n dccide'
gain I'm the amount Of mining ma
chincry sold recently over the trad
OF the previous few months. This in
dicatcs that the mining business
piekinr up considerably. nnd there :
said ~ be n reaction from speculation
IN land and infurtriel securities &
favor or mining investments.
Dry Goods Stimulated.
DIV r0ods hnve been quiet. al
though tho annual sales hove stirnu
late7 business considerably tn
corning % ~raduation stimulated bus'
ness n roo1 deal. also and goo
many q tho purchases have been n
r0ode - rthaf nurn0ee In wholesal
dry -ood- fines the situation is SLOW
ne ERE rrr~-r1c- huvinv hae ended an
fan business hoe MT vet efarted. q
account 81 tho retailers keeping srna
rfCciye on bond fhcre has been n roo
deal ~ reordorinr. however. and pren
nratiou- arc now tefr~ made for p
business Manufacturers or rea Ty-tc
wear Iinan costumes have sold a
enormous quantity ~ goods ana ger
eral lines have also been active.