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Show ? H : The Realty Market Is Especially , ( Strong, Active, and J Helpful. I ! I BANK CLEARINGS HIGH ; i WHOLESALE TRADE HEAVY H ; The Stock and Bond Market Shows Many Heavy Sales, Strong Prices. ' Ever- succeeding week brings more ijjjj pronounced and unmistakable evidence 'k of the approach of an unprecedented period of local business activity. Jn :Vj most iiiercnnrilc lines this .Hanson of ,':,v the year is the "Great Divide," as it follows tho period of cut-price sales .and precedes the heavy spring activity. It is nn nekuowlodgnd fact that the np- j3 proach of spring always marks a moro ( ijJ radical departuro in incrcanLile lines ' than any other titno of tho yoar, for a with tho a rival of warm weather the rrv buyers demand spring goods and in lib- ;r, era! quant ilii's, whereas in the fall the ' change from light to heavy goods is . ''i more gradual. The local establishments H ,1 are therefore well stocked to meet this -jJ demand nnd tho only reason that they Vi are not crowded (o their capacity is the .y fact f,li at the factories cannot furnish HJ 1 tho goods and that, the rr.ilroads arc j still liehind-tiino in making deliveries. 3$ Easier trade is already beginning to in- '4 Ihience conditions especially in the matter of women s wearing apparel, i and as this is somewhat earlier than '', usual it is anticipated that the Easier M business will far surpass all former rec- M The Bank Clearances. Tho weekly statement of local bank- .-j ing conditions is again encouraging, as 'J it shows a stead' advance in volume Hj ' and reflects a general prospoiiiy. The ,'l demand for loans was about the same IL ns during the week preceding and the 4). financiers assert that speculation in mining stocks is becoming gradually more active, and that much of the H Tijj money is being diverted in this Jircc- mIJ . tion. The deposits for the past mouth H t- exceeded those of the same mouth of the preceding year by $015,000, and j the bank c.lcari'ugs for the past week ''W showed an increase over those of tho $ same period of lOOfi of $76S,G1G.7G. '' Following arc the statistics: fl " T- 1907. IflOG. ' U iMnrch 4 ?J .GoO.GT-i . HS $ Sni.S10.-16 PH kl -March 5 520,076.25 7S3.S03.0S '"5 March C, .904.4 IS. 50 iViV.510.GJ. ft March 7 $20,136. Gfi 717,312.60 PH ') March S 091.55G.92 7S5.SJ7.S3 IH f March 0 Sf,S,ft!7.D0 703,380.36 (,. IH :j; Totals $5,364,260.70 $4,595,613.94 H "i Increase, $768,616.76. jH 9 Realty Buying. IHI 1 Real estate men are waiting for the IHj : approach of spring weather, and antL- IHI ;! cipate excitiug times when the usual H ;' heavj spring buying begins, but mean- IHI .',J while tliev 'are not resting on their IH . oars, for the activity in residence prop- IHI c-rtics shows no signs of abatement, ana IH i ' the demand for business sites is still IHj !'! active. An evidence of this is the fact IIB ,J that. W. H. Dickson and A. C. Ellis IHj :i bought an excellent business site on IH i i-i West Temple street during the latter IH .If art of the week from H. C. Hill, while other big deals were brought so near a U' culmination that there is every assur- IH ' , v, ance of their ultimate consummation. IB Deals on the order of tho one men- IH j tioncd form one of the most gratifying IJ " .if signs of the timeF, for it 18 a matter IH r ol record that resident parties can do IH :i more to attract, foreign capital bv an ' expression of confidence in local "busi- IH II ness values than could possibly be IH TJ done in Any other -way. Tn fact, every IH 'id day contributes to the conditions which u will result in an unusually heavy real 'a estate and building business this spring -S and matters have oven now como io a IjH Jjj pass where such activity will bo inevi- IH . -(j table. IH $ Building Activity. IH i Although the heavy spring building IH 1 activity has not .yet been inaugurates, IH j the contractors are doing more work IH than ever before at this season of the IH 'J.' year. They are now finishing the inte- ;tl rior work -with which they havo busied '' K themselves during the winter and are IH getting read; to begin work on new IH it buildings. IH , if -Much of the preliminary work on the IH , &ite of the proposed Bio Grande depot IH has been done, nearly all of tho houses IH 'ifrt on tho line of the new streets called IH for in the franchise having been re- ; a moved, and bids for the construction IH t' work on the depot are now being con- M sidered. Tho occupants of the New- IH ' ; - house properties have been notified to IH ii vacate in order that work on tho first jH ;rffl two buildings nlay be Jiegun. Accord- jHI , '( ing to the notices which were served IH 1 last, week the Casino skating rink will jHI 1 . have to bo removed by April 1, which IH :f indicates that work on this big project IH ' ! "will bo begun about that time. Tu IH idt mentioning the work that, is being dono IHL IS on improvements, that on the site of IH M rs- Judge's Railroad Exchange build- IH , ing cannot be ovcrlnoked. "Regardless jHI rtjj of all possible drawbacks a large force IH .ffl of worlcTnen is engaged in excavating IHI ' & aud a considerable amount of the pre- IH , uj liminary work has Already boen done. jHI $ lach work is also being done on resi- IH ' : dence structures, ospcciaUy buildings of IH 'f, moderate cost, -which are going up on IH every hand. The marb-c work in tho ll casement, or the Salt Lake Security IH ''J and Trust company's building is also IH i 1 being put into position, and will soon IH . tifi completed. The basement is to con- IH . : a tain the deposit vaults. A certain sec- IH . ;3) tion -will be reserved for night deposits IH J and in inaugurating a syBtera of night IH !fl banking this company will bo the pio- IHI : ! J xieer in the intermountain countrj-. IH I? The situation as regards building ma IB ; jj ierials has nor. changed materially IH ', pince the week preceding. The lumber IH ' ;tj supply -was ample, with no change in IH ! 3 prices, and tho brick factories are IH in striving to obviato a repetition of last ll year's conditions b' providing aAreat- IH ' ' 3 1 eupply and increasing their cupacity ll ,l and output. IH '. ij Thn Merchant Trade. IH , j j Business iu hardware was not as ac- IH jiR tive as during the preceding week and ll Vm? the only way in -which dealers could IH account for tho comparative inactivity IH fm was by the weather conditions. But IH ' IB when the hardware men consider that H , iS their patronage has increased wondor- H 11 fully since last year and that their ter-PPpH ter-PPpH ' H ritory has also greatly increased they B 'J have no complaint to make for tho temporary lull is giving them an opportunity oppor-tunity to secure a big st ock with 'which to meet tho demaud when spring trade begins. The retail hnrdwaro merchants nrc stocking up with farmers ' hardware, hard-ware, saddlery and harness. The machinery ma-chinery trado has been good and tho trade in automobile supplies has been excellent. Owing to the condition of tho roads in the mining districts tho week's .business in mining supplies was dull, and as spring building has not. yet begun tho demand for builders' hardware hard-ware was light. Deliveries from tho East aro slow because, it is said, tho railroads havo moro work than thoy con handle. Wholesale Business. Tho week's feature in the wholesale grocery bunnies was a 3()-cont rise in Uic price of Biigar. This brings the price of sugar back to where it was about three or four weeks ago. Boot sugar sells at. $5.20 and enno' sugar at. $5.:i0. Business generally was good and tho only grievance that, tho wholesale grocers havo in the uncertainty as to deliveries of freight. This uncertainty is not limited to long hauls, but holds in rcgnrd to freight, traflic between this city nnd some of tho tributary territory terri-tory OonditimiR in the wholesnlo dry goods buisitcss were somewhat improved by the arrival of delayed shipments from tlie mills. There soeius to ho no limit to the amount of goods that the jobbers job-bers arc able to take care of and as a consequence first, agents who handlo prominent lines of staple goods aro still advancing prices. The demnnd for satcejis, twills and print goods is very steady. Tho jobbers also report a remarkable re-markable sale of print cloths and fancy cottous. Dopartmont Stores. The department stores nrc now feeling feel-ing tho first, touch of Enstcr. Shoppers arc beginning to buy Easter suits, millinery, mil-linery, fancy hosiery nud Oxfords. The millinery departments arc, of course, taking tho lead and seem to constitute tho center of attraction. The buyers' have all returnod from the Kastcrn markets and tho deliveries of Easter goods are arriving a fact which is surprising sur-prising tho merchant, since ho has not torgotten his Christmas experiences. Some of the goods which he had ordered or-dered for Christmas arrived during the month of January. There is a heavy demand for spring neckwear, ribbons, silks, dross goods and waists, with an occasional inquiry for Oxfords. Tho trade in footwear was rather dull during dur-ing the week, owing, doubtless, to tho cloud' weather. A touch of spring will give this branch of trade a wonderful impetus. Stocks and Bonds. The commercial stock nnd bond market mar-ket was active during the week. The greatest activity was in sugar stocks, while bank stocks and bonds were firm, with few offerings. Several hundred shares of Utah Sugar company common sold for 32.40 per aharc. So'mc good-sized good-sized blocks of Western Idaho sold for from $9.60 io $i).70 per sharo, and Tdaho Sugar company for $S.fl0. Humors Hu-mors were current o'f consolidating a number of sugar companies. At the end of the present month tho Idaho Sugar company will pa' its Pa por cent, and tho L'tnh Sugar company win pay tho dividend of per cent, preferred stock. The following institu-tutions institu-tutions pay dividends in April; Z. C. M. 1., G per cent: Deserct National Na-tional bank, 8 per cent: State bank, 3 per cent; Homo Fire Insurance com-pany, com-pany, 2 per cent; Consolidated Wagon and Machino company, preferred and common, 2 per cent; Amalgamated Sugar Su-gar company, preferred 1 per cent, and common 2 por cent; First. National bank, Ogden, 3 por cent; Thatcher Bros. Banking company, Logan, 2 por cent; Ogden bavings bank, 2 per cent; Provo Commercial and Savings .bank, 2 per cent; Zion's Savings Bank and Trust company, 2 per" cent; Rocky Mountain Bell Telephone compauv, 1 U per cent; Sugar Citv Townsito' corn" panv. 2h per cent; nnd Utah County Light and Power company. 3 per cent on it3 bonds. Following are the latest .quotations: Amalgamated Sugar Co.. pfd s 00.00 Amalgamated Sugar Co., com 16S.00 Bencllclal Llfo Insurance Co 100.00 Barnes Banking Co.. Kaysvllle 140.00 Con. Wagon fc Machine Co., pfd.. US. 50 Con. Wagon ,fc Machine Co., com. 10S.00 Commercial National bank 1S5.00 Deserct National bank 297.00 Deseret Savings bank 520.00 Davis Co. bank. Farmlngton 130.00 First National bank. Ogden 325 00 First National bank. Murray....... 136.00 First National bank, Logan 19o!oo I-Iome Fire Insurance Co 171; 00 Lewiston Sugar Co 11.15 National Bnnk of the Republic. 156 00 Ogden Savings bank 04$ 00 Provo Com. & Savings liank 155.00 Rocky Mt. Bell Tel. Co , 55 no Silver Bros, iron Works Co 110.00 State Bank of Utah 00 1 00 Sugar City Townidte Co 14500 Utah Sugar Co., pfd 9 go Utah Sugar Co., com ' 45 Idaho Sugar Co ... g'cs Thatcher Bros. Banking Co 115 00 Utoh County Ltght A Power Co... l 05 Utah. Ind. Telephone Co 35 Utah National bank 155 00 Utah Savings & Trust Co lio'oo Western Idaho Sugar Co 9 70 Western Loan &. Savings Co 106 00 Zlon's Savings Bank & Trust Co. 211.00 C M. 1 20600 Bonds. Salt Lake City Railroad iol Salt Lake City Railroad 2nd Mtg..l01i Sumpter Valley Railroad io Utah County Light & Power Co 10I Utah Sugar Co jo2 |
