Show GAIN e IN INI I f CLEARINGS I Big Increase In rease in Business of the theanIs Banks anIs k 4 1 ACTIVITY IN BUSINESS 0 I GOOD OUTLOOK FOB FOIt LIVELY BUILDING SEASON C A first class showing ing was made by I tile banks of Salt Lake the past w week ek the clearings being com corn compared compared pared with for ithe dhe corre week of last year e r For Sat Saturday Saturday Saturday the clearings were compared with the corresponding day of last lost year Local trade was throughout the week accounted for in part by b the stormy weather But in spite sp te x of f many complaints from merchants in some csome lInes of business the volume of trade keeps up well and collections show a n tendency to improve There is not an eligible store room In the city vacant and a d as spring approaches an increased ed demand for good business s locations l is felt This In itself Is taken talen to be a good sign The outlook for building as the tile open opening opening opening ing of the building season approaches is attracting attention atte top and nd all aU in a position to know look forward to a season of more than ordinary activity The federal building the new school building on State the new library building the Elks building and the All AllHallows AllHallows AllHallows Hallows college building added to the large buildings now in n course of con construction construction construction will give gl the city an air of stir sUr and progress in this line that was largely missing during the past year The matter of af reducing the interest on bank deposits from 4 to 3 per cent centis cen centis t is one that was isas much mU discussed in fin financial financial financial ancial circles during the Week eek e k but no definite action has yet been taken by any of the banks interested and the situation remains the same as when the subject was vas first broached some ome months ago except that the officials of some of the banks have the matter under serious consideration The first effect of this reduction would be to force a large volume of or money into tuto the chan channels channels nels nets of investment and speculation and aed this thie in many matiy respects would be a very good thing for the community Activity in local commercial tl stocks during the week w wS wAd s confined canned largely to Utah and Ogden sugar There re was very ver little variation fn In prices eli all along ng the line and the total of the stock t ck that tha changed hands a da ways was not large |