Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-05-04
CROP OUTLOOK
IS BRILLIANT.
,.,,.Iv Cause Of Great Activity !"
Wall Street.
FEW LABOR DIFFICULTIES
r,ode whoiesome--Duiiness 'n
re,,ile. Con'inue'-H"''ne"
n. Healthy.

york May ar; G. Dunn q
"a, Weekly Review OF lraae 'oinC
Oo' An cav, "The greatest activity
10" ao in Wall street diyerts atten-
e'v' measure from progress in dis
uV p,,,ce and manufacturing opera
u'D' p,t while on every hand stock
uV' r., interests are counseling caution
attempting to prove that prices are
a univ more than the condition of some
- opr railroads warrants, the fact re-
,rs that. without a brilliant crop
a",look and a great activity of general
,rade. Wall street could hold no such
.n,yal Labor difficulties are fewer
Vap isss threatening than for several
anU before in the first week OF May
!sa VA vices Of merchandise hold well,
' stability Of prices ana vigorous
.,'.scutlon Of work at mills indicates
isorbolesome condition Of the IRON ana
Wv Wv. market. Throughout the entire
wv . N PRODUCTS Of this industry the
ia a.,s,, demand for immediate delivery
V u,"1 oll previous records yet max
'snolntain a conservative position
sa nrlces are not pushed up to the
S'n mint IL Is In the finishing steel
',s hat there Is the greatest ur-
FI.acv for shipments. and full capacity
nssurad for the next three months,
tn@r hly there Is a prospect or re-
,ni,o Judging by the light engage
sI',G of biz iron, and following the
rnnorraleled activity of the past SIX
,oHn,hs. season Of comparative quiet
world not be surprising nor unselcome.
Tbere was q rush to get In orders for
100, rails before the higher prices be-
Sems Effective. and the erection OF new
hnuS,nes has proved great demand
s,r Structural material, which is also
IN condderabe request on foreign con-
tracts, 49, 49,.
Tics A further reduction OF lois
cents FOR standard print cloths did not
accelerate options. as buyers appear
conadent that goods viii soon be avail
able at q. cents, There Is no improve,
ment in woolens, and Coates brothers
average Of 100 quotations Of wool on
NAV Isl was IN cents, against 1873
cents an April list, and 22.76 cents year
ago Small concessions are reported In
few grades Of shoes Western job
hers are ordering more freely, and ship
ments from eastern shops are larger
than in the previous week Of a year
age, Leather is quiet, aside from ac-
llNty In betting
oFurther advances were scored In the
cereal market, Chicago SPECTATORS be-
ing forced TO cover May corn. contracts
a al IS cents Attractive prices brought
more liberal receipts at Interior cities,
n and also stimulated operations onathe
& farm, traders having forced the next
VI crop options 10 what seems an unreal
~ sonabe level since there Is evidence Of
M large Yield despite delayed planting
~ through excessive moisture.
81 Wheat also attained a higher point,
"A advancing In sympathy with corn. Ac-
4 corlng to correspondents OF Il. G. Dun
d G Go. there Is reason TO expect heavy
a spring wheat crop this year. In the
principal states a full acreage has been
planted and the weather Is most favor
able for termination. On the Pacific
tVaSt ana IN Ol0tT uO1ntsllC spTlUB
wheat sections as well as In Manitoba,
a larger area than usual Is devoted to
raising what this year.
The maryelousy healthy condition
Of business is best appreciated when It
Is discovered that the defaults last
month were the smallest in ninety-one
months, with the exception OF May to
d August 1899 Inclusive. In manufacture
ing lines there were but 1853 failures,
With a total Indebtedness Of sl.997, 60i,
d against rs last year for A,5liO0S. Az
ID 1879 reported the smallest liabilities of
any full year in two decades. last
q months good showing Is made manifest
a BY default In manufacturing concerns
n y0s' smaller than two years ago.
"a Trading failures were 555 for 1879, S23
81 and banking defaults were $500, OOO."