Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-04-15
Money Market in a Safe and
Wholesome Condition.
STRINGENCY IN CALL LOANS
Otherwise There Never HAS ursn
such Expansion In the HusIncs.
History Of the Country.

cas- weekly revl.w az ,r,a, ,.u, 49,,
w" 'N'
'"in"'i""' hcre " sun increase IN
All legitimate business and the produce
tive power " great Industries increases
.,,,,, ,...,,..h ...,.,,. 80 49,. -,
',."s" ~ '' '"''' ''"'hH W
'hhe' rhe sharp reaction w specula'
ton n week ago IN no way affected the
producing capaclty Of furn.c,. ar ,,iits
,,d 49,. -. a., -, ...., -,.r,'
~ ~. ''''''''"' Nhl'
tho uisturb"nce OF husinca caused by
the formation ~ great combinations
has I'm n large m.nsur, ,a,..t Tn.
- -,
""noS mathe' " III SAFER and more
wholesome condition, ana In spite OF
four heavy payments by large ayndi.
entea a,nnun,,ry IN .t,,, .noo, M,
~. -. ,, ~, ,V'''V'',
"H9 t'"Nh '"i''s ihe "hlg h'tihseh'y
has been In call loans.
IL " now owing to speculation alone
that payments through the chief clear
inE houses have been 40 per cent larger
than In the same week OF 1889 and
1858 per cent larger than last year.
New York transactions far exceed those
OF any previous week. uts,.to2i09 IN
amount, but outsidv New YORK the
clcnrlngs were as per cent larger than
In 1928 ana 4iG per cont larger than
In 1892.
The truth " that no such expansion
IN the general business ~ the country
mas ever been before and " such req
ordH only were considered there would
be grounds for fears that a wild passion
" trading had again lifted the whole
business community on It's feet nut
Instead, there " found surprising In
crease In the chief industries. Naming
first rome Of which only returns uf raw
materials Imported give definite indica-
lions, raw silk Imports Increased VI
per cent for eight monts ~ the fiscal
year over last; hides 20 pct cont. India
rubber 20. tin a. aud nhres 10 per
cent.
THE output of pig Iron April LIST was
1916 tons weekly. ~ against 2gs igs
tons March Let. with lis.iis tons de-
crease In stocks unaold ANA Gc0O tons
In warrant stocks. Indicating con.
sumption In manufacture OF i.usG0ll
tons In March. The haste of forty other
furnaces 10 get into operation with
their possible output of 30 900 tons morn
weekly, has helped 10 keep prices ~ pls
1ulte steady. nithoukh strong. hut Tho
demand for finished productp IL IN,
fiom satisfied. The Maryland Steel
company has ordera fnr ss Dad toms ~
ste"i nils for Inc cbines" En,sern'
Plates have sold AT g. 10 Tor sheared nj
plttshu,v but The ie,,iiu, min. ,h.ys
and mills cis.yhere. are crowded Tor
month"; and many viii NOT ouote M MI
Inrr. contracts vere stnsed In str,,e.
turai rorks. an. 10, z 10 ION. iusf h,.
for~ IN. ADVANCE IN priees. but chlra
go o,drr. ihis xsecL .a,e,,.d q ooo ION.
rsidss,worh ami .vcrvk M, th.r,, n
much business In sirbt.
apar and sheet mills mr.. hind,re1 bv
trosnrets ~ ennsnildatIon mi ibnnvh
~, nr,.rs f,, hsrs M, t,issa ius, ,',,,
n, thn wns, Inc phtiad.IrhIa r,arl., ~
,narc st.ady Steel mar. ,ns,' 60 n,., Inn
a. pi,,sh,,,s ana he h.,,,,,, d,r,ana ~,
sic.is MAZE. ,,ris,'s ve,N' irr,s,,isr a,,h
many or1"rs rcft,sed
,srbe cnnn,syiiic rnl,e rroduc, ,-a ~.
,,rs a. ,hn ,,,.'L .,,r,,, - ~, ,s,,,.
NM n,iesa az, s'.,dv ~ he,",a a,o,,d
lie cnnner Az sfrnrg n, as "a an1
srar,e snh lin wen, M, VIM i,ntn,
declining only 1, Oh per cent
w ,,.h'HH .''F ~ - ~ N,.N