The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-04-03
BANKS FIND BIG
DEMAND FOR Cash
Borrowers Want Money for
Starting of Industrial
Enterprises.
TRADE OF WEEK IS GOOD
MERCHANTS IN ALL LINES RE-
PORT HIGH VOLUME OF SALES.

Business conditions during the past
week generally were of q sound and sta
pie nature, but trading, especially in the
dry goods line, both wholesale and re-
tail, was only fair. The money market,
according to local bankers, was rather
lively with demands Cor money for all
kinds of legitimate enterprises. The
clearings during the first part of the
week were short, as compared to the
same period of last year, but at the
close of the week they picked up again.
With the hardware trade, business
has been good. The month of March,
which just closed, proved 10 be 60 per
cent better than the corresponding
month of the previous year. This is
said to be due partly to the fact that
many orders sent in during February
and held over on account of stormy
weather were delivered In March. The
articles going out at present are mostly
sheet iron goods, wire netting, wire
cloth, garden implements. fishing tackle
ana other kinds of sporting goods, as
well as builders hardware and ma
chjnists' tools. While the trade in min
ing machinery is still weak, the trade
Ia lighter machinery is very fair.
Little change IN prices is reported by
the lumber trade, except that shingles
are stronger than ever. Shipping con-
dit,ons still remain anything but salts
factory, the congestion IN the northwest
still prevailing on account of the search
ty OF cars. With every indication that
these conditions viii prevail for some
time TO come, 1t is evident that the lum-
Der trade here will have to do some tall
husriing to keep enough lumber on hand
to supply the orders coming in. So
great is the demand for cement that all
the factories in the state are working
at full capacity to keep pace with the
increased demand.
Contrary to expectations, the ante
conference week was a quiet one with
the wholesale dry goods trade. Pros
poets for the coming week are good,
however. Job0ers report that March Of
this year was considerably better than
the March OF 1909. Fully 10000 wool
bass have been sent out to the sheep
men Of the state during the month,
most OF these in the past two weeks.
Prices are being marked down to stifh-
ulate interest IN buying. Report or
ders are being received on silks, with
spring stocks low, quick deliveries be-
ing urged on certain lines, and trade
spotty in others. There is an improved
demand for novelties, though the fall
trade is said to be unsatisfactory, deal
ers clinging 70 staples. Scarborough eff
fects continue TO be the favorites, pom
gees. shsntungs, tussahs being well sold
up. Raw silk remains fairly steady.
A cut in fine fabrics of half a cent is
noted There is q strong call for fancy
cottOns, with pOplins and serges as the
popular sellers. The hosiery business is
quiet. with the trend of the demand for
more staple things in colOrs.
41uy,c14a1Txy and almost ma
ably quiet week is reported by the re-
tail dry goods trade with practically
nothing doing in the morning. The
goods now being purchased are mostly
staples, tho variety being extended as
warmer weather approaches.