| Show S iONi i f SO In v I Local Banks Show ow Effects ff of I Post leoti Atmosphere Of Security i CLEARING g H HOUSE JJ E RETURNS Special Sp ci uro This Th Week Weel Is tile Iho 1 t cess ce Shown SI wl Over Correspond CorrespondIng Ing Year i Tho local ocal banks b k aro ar in an au amiable frame of or is their officials are arc on ac account of o tho tue late presidential 1 ilal election and there is j a sense of ot relief und and ands satisfaction cllon all through the rho lia I interests In of tho the country countr tot for fOli i they the feel that established conditions will not be bc disturbed to any appreciable blo ble for f r four years e A special feature feD ro of f the tie v Weel eok was WitS tho the excess of tho the Cleat Clearing Ing House HO for Lor several sev soy several eral cral days dILYS over V VC r the tho returns for tho corresponding periods of ot last Year jear This hL is highly encouraging as ns It shows how local business b conditions are set iet He 1 I jung down Iown to their normal status In Intact tact fact on a a more substantial basis than they Were a year jear c tr ago when tho the fin financial ancial hUrry lI rr set in During the week weck there has hll been a quietness ss In mone mono tary tary ar transactions cUo s outside of boating beSting circles elides on account of the tho cl Bullion the banking community h Is ready to settle down to regular business with assured anticipations ot of o permanence I In tho the returning pros pios prosperity The outlook for securities many ninny favorable features fc tures As Henry Clews says sa In his lis East circular Hall road c are ato steadily n lid cl freight rates are advancing Af Al Altti After ter the election It is anticipated that rates rales will be more generally advanced the tho result being that with tho the economies economics mies Introduced since the petite panic many j ot of the tho roads will bo be In as good If f nut not better bett r than before are arc our oui biggest spenders spend svend spenders ers ers Improvements held up UI a It few 1 months ago win will soon be renewed on ona onIt ona a It larger scale cale the result being it I Ij t j freshened r demand foi for materials especially steel and amid a bet bol better ter tel demand for foi labor laboi There Is no doubt but that another sK Ix months will Mill witness a It great betterment in inthe the Iho railroad situation Another fac factor tor strongly affecting the stock marked Is 18 the continued cheapness of money which Is likely to last until business bustnes i activity is resumed resu upon a larger I scale caIo With money monc at Its present level many tocks stocks look fairly cheap and amid such su hlL a disparity in l returns r be between betwee between tween twee l the two is Inevitably a I a strong stimulus to speculation If the thc market strengthens on on satisfactory elec elc election cletion N tion HOlt results as 02 it seems Inclined to do thero there will of course bo be mote moro or 01 less J realizing by sonic bomo sonio of ot the tho big insiders who aro are still carryIng larger surplus lines than they thoy desire deslie But so bO long Ion Ions s s continue as flat Oat flattering us ItS m thoy now are and so long longas as condition continues c s sto to Improve setback It Is true security prices are aro high hi andIn and in the tho opinion of many tho tile thore recovery re ovel has boon been too rapid such buch differences l of opinion being tho life lC and nd test t st of ot the tho market but tho panic Is behind us and no repetition need bf be b expected exp while the tho situation ic ro mains as sound s und as a m It present pre ent Money Moncy MonC I Is s easy the tIme world pel over chiefly because of ot commercial depression but abroad as hero here tIle the processes arc are at work and if tho the patient t there theio has huI lla less recuperative r powers than our ourselves ourselves selves the th recovery re rc is none the tIle less sure bure A jear year ago the panic was at Its worst with money quoted at above too per Jer cent after having ruled at an un ex cx excessive rato all ali over tho the world Tile Tho ho quickness kness with which tho the country has recovered from the thc severe severo blow It t re 10 received In Iii the tho fall of ot 1907 and from trum a L period of most severe sovere depression Is quite a remarkable proof of ot its Im menso menro resources and recuperative pow power power er 1 LUMBER LU mER TRADE Tho The lumber trade reports largo large buy bu buers ers era coming into Int tho the lumber market to toan toan toan an extent that makes m It bullish Loin Lum Lumbermen bermen hermen as a class are largely Taft men In fac Cee t d the thc national lumber trade papers have been aggressive In that dl di direction lon and the tho trade is ts feeling tho the benefit of the election in the Increase almost at onto once of confidence Prices aro arc expected exp to advance steadily but not rapidly Dealers rs expect to see s sas as ns high by the middle of tho the coining jear car as they thc were a year jear ago Time The local demand keeps up 01 faIrly well There Thre IB Is complaint from f oni om dealers of excessive competition as ns three new yards hao been started in Salt Lake this yell year I making a total of about 20 now In III op 00 This Is considered d entIrely out of proportion to the tho population of tho tile town HARDWARE OUTLOOK The trade reports leports a IL con coil continuance ot prosperous times with col collections colI collections I j and becoming more maCro and mo more mor o satisfactory Tho farm farmers farmers ers era are aro being paid rum for their crops and amid andIn In III ii turn are aro paying their outstanding obligations The trade says pays this month ought tobo tob to b good g od for Cor debt cancellations Stoos are aro the tho best bOst b st sellers this week ek wIth lIh seasonable n abie l c staples goIng g out in i I gratIfyIng quantities such suel as jig nails halls wIre who bolts butts and builders hardware going out In large quantities There is I a ii slight falling failing oft off In tool sales but that Is not thought though t much of and sup plies piles are ato selling Melling well In lii fact the con comm of oC the th hardwAre Is rati tying t to all engaged In It The Thc feature of the week celt has IHl been the decision ot of tho th Salt Lake Lako Hardware company compan one of tho the largest concerns In the coun tr to go go ahead with their thell proposed lIve Story warehouse that will contain sl sIx acres agres of floor space spice and cost It will be th greatest of oC Its kind in the tho entire DRY DIlY GOODS The local wholesale dry diy goods trade reports cotton goods advancing tho advance In li the last lat week weel having two tWI cents per pei jard yard Time Tho has imas been quiet inlet during time tho week owing to 10 Its It beIng eing b L election season but theme them has haM Is been a u steady stead movement ot of staples largely as mis lS fillers flers for foi unexpected de do depleted stocks and amid on 01 a IL few orders order In tho time general jobbing mat mar kot ket there are l re sharp i cd in Iii finished gray gry goods High Ity tv staples continuo continue to 10 have time the ence enee but theta Is an ami all all mii nf of caution about t pin chafes es Linen LI mm m cauton mo am mm ro with wih a good gooe spot noted 11 In n knit goods goOd and amid hosier cloth sales are rm re promo id hut him I with wih vi tim cloths eloth less ics active UlAn than himi mm whIr goods roods Ginghams are in steady do donand nand with special attention being paid aid to browns and amid AHl linen while the he demand 11 for foi fO gingham is IsIO IO 10 steady st ady that lines Inc of chain chani brays zeph and plaids have been icen enlarged to Include colom logs In he time f 1 0 lines lilies rime rhe margin of ot Is s better and has been a i call all fm for forwell well veil made staple prints Tim aIde hand erase has helped out omit Fine Fin ine bleached goods mire are as lagging with wih activities confined most niost I ly j to low lo fabrics Jobbers ay my his has 1155 been one of the tho most Ible able ble years ears ever known foi for some ole of o the tho bl best ost t domestic do bleached goods gootis for foi v hile hilea a full ful product has been sold old the thc gray pr y goods goods om which time the tle bleached goods gools no are made have ha not sold soul mini nn hotter bettor heter Itan tian other othel dull doil In sonic some sOle o olie or orthe othe the lie white goods houses theme theio has bus been bOen quite a demand for feu ot of tho basket busk t weave welve that thal were quite fashionable a 1 few years ago lo Mer Mercerized Im 4 erl ed lal ls In active 4 demand with full ful prices juices being behlS paid pall by retailers for aimy an delvery within 60 61 days are arc reported ported r as bUY Ing Imig InS more moore freely fr eJ some orders being given for fO silks and Ind cottons for tor fo particularly sheer retaIl lug at lit lt medium pi Ices Jobbers report silk lines hines runnIng short with wih rs find finding findIng ing trouble in securing fancies and mind satins for winter Mills 11 Is making satin aln have Ilave mill all 11 their looms loon f running to lull full ful capacity with wih ahead to 10 keep them busy bus for tor a good long hong time tIBIa Silk fl ribbed weaves are finding a ready cab saU sai and Ind rough lough weaves are selling well In Ill Insoft li soft finishes Linens are Ire In good de demand demand mand but with stocks reported running aio 10 ni In lii II small supply |
