Show SLUMP IN TRADE FELT DURING WEEK Real Estate Men Chiefly Hit by Short Panic on Wall Street PURCHASERS HOLD MONEY Feeling of Stability Returns and Dealers Look for h 1 t. t Steady Demand l li i Salt Lake men though not noti directly concerned in the financial flurry in Wall Vall street su-et during the last 4 week have in tn a measure felt the panIcky pan pan- 40 4 Icky conditions there Money Ioney has ms no not been lost o t b by local men mon In Wall all street slice only In lii small amounts but the grea great greaL losses sustained b by 13 others have tended tende to slacken en trade here This Tills Is notably th the tho ease case in real estate and building buIldIng- b The e merchants felt the panic In Wall all Wallstreet street less Jess than un uny other class of or men For st tal da days ars s last week local o l men were ere unc uncertain Just ho how far Car tho the Wall Wallstreet all extend l. l There were street pane l would man many whispers to the effect that man many Vow New cw banks b. were unsound and that the closing of the Iho trust companies would be bethe the smallest sn part of 01 tho the panIc pan pan- rumored that the runs on ic It was wal banks would extend l v weRt est and rind n a panic would sweep tho tim country Ju just t as In InI I I 1893 But events v of or Friday Frida- an and l Saturday Saturday Sat Sat- show that the tho fears we Wc wore r groundless Local ban rs ha have 0 told of oC t tiLe hc soundness of ot blI and 11 conditions in Uta These statements have hac allayed all fears ars here and ha have haC havet C Ct given ghen bu business men men- mena a more optimistic t view Jew of oC the situation There will be no chance for or runs luns on local banks ard and there will be little or no 10 up let-up In busl- busl ness Lo s Lo-s s bi In Coppers Effective e. The losses sustained by local men tr In coppers during the lie last six weeks fc 3 largely Argel responsible for the tho slowing down in real estate estale and build build- ing inS have ha either been cut cue oft off entirely or have ha been reduced b by man many mines This means that many Salt Lakers have have- had their theil Incomes cut down The surplus re received l from mining ventures have hac as a rule been used in building and In fn tho the purchase of ot property Although there have been no large deals dens consummated during the thelast thelast last week it is safe to conjecture that there are lUC a number on the lie tapis The Tho prospective buyers say sar real estate men nien are arc simply walling waiting for Cor time the stock market to take a a. decidedly upward tendency From tho the advance in the price of oC copper metal an and l the general though sma small advance b by nearl nearly all stocks In the last two da days s 's of last week It would seem seem It Is asserted that real estate will begin to pick up again Butte and in fact tact all Montana has been pouring a golden stream Into Salt Lake realty dealers' dealers hands ls for several months Since the thc close down i in man many 9 Butte properties a large Jarge part of oC tho the gol golden en stream has been stopped l. l One real estate man who has l more moro property to Butte citizen Ahan Jh any other broker Sult 1 y l Al ness with Butte men Is quiet but thai the Inquiry fc I Salt Lake Latto property isso is ii 50 so strong that he feels certain it wit wll be Je not more than lan GO days before Butte Investors In are swarming into uno Salt r Lake ke One gleat reason reacon for Cor this ho lie says flYS I Ii that Buttes Dutte's future Is uncertain an and I business men do not cat caio to take talce th the thc risk of permanent Investments there A A Pc Fc- xI l. l One or 01 1 two t-LL-o announcements mad mado last week gf give bull building ln contractors contractor sumo some hope C H. H Midgley I is to erect several severa apartment houses The Time fIrst fits one of oC the time buildings Is Js being planned l now A new lie theatre theaU is to be Jc built buill on State Slate street While this structure wll will not lot be large it will be of ot sum clent size to tu keep a large alge force Coree of men employed most must of uC time the Plans for a large number of lime fine dwellings are arc now being prepared These plans will be Je submitted to con- con tractors for bids within ten days or two wo weeks Work ork on time tho Newhouse l buildIngs s Is progressing rapidly A large arse amount of or material has ai arrived rived and nd Is II being put into place as fast as Two now churches are aro to be reeled erected one for tho the Danish Lutheran on oil i First avenue at tho the corner curner of or E B Estreet street and the time other for tho ho Baptists at Second South an and l Fourth East streets Building material is plentiful s say ay contractors and an any building to tobe tobe r. r be done one soon will vIll not suffer through lack Jack of supplies supplies- Prospective build build- er cis however complain of Um tile the high prices asked for materials Hardware dealers dealers- report port a most satisfactory satisfactory satisfactory sat sat- week rhe They say sar that conditions conditions con con- arc such now that there is a steady y demand for tor every cry class of hardware building shelf and heavy Mining inin machinery is still in bl big demand de tie- le- le maud mand notwithstanding Iho tho retrenchment retrench retrench- ment In the tho mining industry Harness Harness Har Har- ness stores report a big demand deman l for their theIl lines Say Its It's Too Much Sunshine hine Fair Fall weather has its ba bad effects The clothing men arc are out of or sorts because Old Sol will continue to shine Overcoats and heavy clothing are arc a drug on the market It will not nOl be belong belong long say ay the thc clothiers b bore Core they have ha their re en revenge e for or Ij 1 I r i t nJ D them hem will come a rush for Cor wanner ci clothing o I Ii I rig What is true of tho tire cloth clothing In stores stoles is s true of tho the dry fliT goods shops The Business done last week in all dr dry goods g stores was only fair Call There Therea i ia is isa a good deal of uC looking says sars managers managers managers man man- agers of the big department stores but little bu buying Shoe stores are laving having fairly good trade Mens Men's furnishings furnishings fur Cur are in big demand l at pres- pres C ent nt Taken all in all business has been better than fair fall in Salt Sail Lake during ho tho last Jast week Prospects are that with the settlement of the time financial dIsturbances bances in the time E t business will pick Ick up considerably here The in industrial industrial In- In conditions arc of or the best In Itah Farm Jarm products are in bl big de demand demand le- le lemand mand and prices price are high The rhe farmers farmers farm farm- aria aria- ers em will have havo plenty of mone money to spend this winter and local business businessmen men sa say the money Y will be bt spent pent freel freely free free- l I ly Is plentiful all over tie the state This also means that thal there will bo be mone money made b by the tho laboring classes all winter and this will add ad to the prosperity of this city elt |