Show BAD WEA WEATHER HURTS BUSINESS Spring Op gs Delayed by i Conditions ol of the Past Week I GAINiN f l BANK CLEARINGS t ON y ON SURPASSES ZION INPER CENT OF INCREASE Locally and nd nationally naly bad weather has important part In corn com circles Dg openings have been ij y g an ct s has been stagnated to some extent extant As the weather man s a better week coming i itIs belle d that business will pick up v Prove more satisfactory tory Salts Salt Lake ke GIty is again one of the fo foremost Pia I laces s in the United States In the matter of bank clearings In Increase increase crease weeklY report shows it t be second in the places sh g a an in rease in the amount of money handled The percentage of In Increase Increase crease is given as being This per is exceeded by Seattle which place shows per cent Increase The cause of Salt Lakes Laks howing Is the same aina asit has bas been for fr the past Dast sev several several eral Immense amount of ti n being done in and around the A year ag there was comparatively speaking little cr no co construction Work goIng on Now millions are being spent by and Compa Companies nies at th the very doors of Salt gaIt Lake All the money used In thIs work passes through Salt Lake banks making the clearing house swell to great proportions proportions While It Is n undeniable fact that Salt Sait L Lake ke Is having a healthy business growth still this growth is not wholly responsible for the showing made b by bythe the banks So long as the construction work continues and the mines produce the bank clearings will be large and all merchants will be prosperous to the very fullest extent With the comple completion tion ti n of t th tile great smelters the bank clearings will be a trifle less This loss will be e made up however by the amount of money paid out in wages to the laborers employed in the finished Money Market Firm local oney market is firm an healthy There is plenty of money in banks s for safe investment Interest rat s are no higher than they have beeR been The demand for money especial especially ly for farmers loans is growing a lit little littie tie tle with th the approach of spring sank Bank Bankers ers Say S nu t n nd matter what demands may be made upon them thein they will he be heable beable able to supply all wants During the past Week realty brokers have been kept busy Several good deals were consummated and many more are on the tapis The transfer f fone one Ime property lo just west vest of staIn sheet on Fourth South from F FD FD D CUlt ClIft to Aaron Keyser was made last week The rhe consideration was 15 cash Real estate men say this price shows the upward tendency of for pr perty located in the vicin vicinity ty ity of the postoffice A year ear ago It is isaid said aid was asked for the same property lut there were no takers at hat figure Business realty is beginning to have havea a equal almost to that of resi There are under con contract contract tract or eo o several deals for corn corners rs and property located n the heart of the business district All the under consideration will bring prices 2 20 per ner in advance of those asked for the same property one year a ago o according to brokers It is that th the coming s ring and Summer will iU be be ea i g tor for forthe I the real estate dealers Rental Property Scarce I Rental property is still the bane of I Ithe the existence of the brokers There are few vacant houses although the build 1 lug ins records show there have been sev several several eral hundred constructed with the past year ear Architects are busy with plans for more than fifty residences all of which will be built during the coming three months At the meeting of the officers and di directors directors rectors of the Utah Trust j company it was definitely decided to 10 award the contract for drawing the plans for the new building to be erect edby that company to Ware za It is estimated that the will cost in the neighborhood of It is to be bunt built just south of f the Ken Kenyon Kenyon yon hotel on Main street The structure will be three stories high The corn com company pany will om uSe use part of the buIlding for br bank purposes and the other part will willbe i be rented out for offices It is believed that work will begin on the new structure structure ture about May 1 Spring Openings Delayed Cold weather weather and storms always have havea a bad effect upon the dry goods mer merchants merchants chants and milliners Last week sev several several eral shops had planned spring openings but owing to weather conditions these were postponed Eastern shipments have been delayed by storms It has been almost impossible for merchants to get their spring orders through on time Spring goods although displayed in the windows of nearly all shops have found but little sale during the past six days Shoe dealers are sending out warn warnings warnIngs ings to old customers to the effect that it will be to sen the same grades of shoes as formerly at the old prices A general advance of 50 cents per pair will be made on nearly all the better grades of footwear Orders have been sent out ut by wholesalers to their traveling salesmen to take orders for immediate shipment only This action has been taken because Of the constant constantly ly changing price The entire leather market is stiff and 1 prices rices are moving upward From the large arge amount of building going on around Salt Lake the hard hardware hardware ware merchants are reaping some little reward The volume of bu business iness is so large as would naturally be expected but it Is all cash business and therefore desirable Prospects for a great hard hardware hardware ware business were werd never brighter than thal at present say the dealers The har harness harness ness ness and trade is having better business than for many months past due probably to the constant call of construction camps for heavy harness goods |