New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-08-17
PROSPERITY ALL AROUND.
COUNTRY,S OUTLOOK FINE.
Reports Sent Fisk 6 Robinson Most
Encouraging.

20 the officials of a number of the leading banks
and trust companies throughout the country
relative TO trade and crop conditions and pros
poets. Most Of the replies have been decidedly
favorable, especially as to business conditions.
As these answers have been made after mature
consideration by men who have every reason to
know conditions. they are Of special interest at
this time. Extracts follow:
The cashier of bank in Pittsburg: Judging
from me general business conditions existing IN
view which seems to obtain in New York at pres
emit Business mere is good. with resulting strong
n the steel business; there always is to certain
nai 81 Inns Itle OF me year 10 takT a4i
MUS are sold up and the railroads are not can
IS excellent; with strong demand at good prices
. a director OF Cleveland national bank ana other
Institutions: I think there has been much eXag-
dition Of the banks in the West There are al
ways some banks that will lend too much TO
10 observe Middle Western banking has been con
some men who have money in the banks who have
not made investments in many months are now
facts that, while have felt very conservative
am now Beginning to get over this Kind of feeling
because ! see very much less real reason for such
The president of Cincinnati national bank: As
I think If only concerns those immediateIv en-
gagged in this line. and has not made the slightest
try. 1 have endeavored TO interview every banker
] meet as to conditions of crops. and think we
but very much such crop as we had in 1901 We
The treasurer Of an Indianapolis trust company:
Business conditions with merchants end business
men are good, and the outlook, so far as they
indicate TO US, is encouraging. Aside from the Sc
curity market We DO not note any evidences OF
conditions in this section being affected by East
ern conditions. The outlook for crops at this time
An IndlansPOlis bank president: We We have been IN
general business activity here but there
little indication Of this kind Within the half-h hour
increase OF % ner cent in sales over last year and
another. a manufacturer showing approximately
80 per cent increase The indianapolis Clearing
TO 50 per cent over Corresponding months last year
Our own deposits have shown steady increase
than sixty days ago. There is practically no APP
bank correspondents One thing. has been note
worthy.the apparent absence Of panicky de stgs
liquidation which you have been having. -,
ness sc conditions throughout the West appear in
every way fayorable an lines OF trade are run OF
that are made. Our merchants. almost without an
pared with year ago, and they all appear hopeful
concerning the future So far the crop outlook Is
The president of bank in Kansas City: The
genera @ doe are business some of the
wholesale houses tell me that their sales are CONS
not see any sign of decrease in the near future
very best quality The crop in that State.
though, is not promising. The drop in stocks has
not affected this country at all. Taking everything
here Is good for business with the Indications that
The i president of a national bank in Louisville:
The mills Of this city are as BUSY as 5 Eyer ana
with whom I in contact is that they are as
fun of orders as ever. and will need as much
letup in business; it is only in securities and stocks
which is occasioned by New-Ho rk CONDITIONS ana
not fear any ietdown in this city and its
With clear note that never saw business, out
side Of stocks and securities in better condition in
Another Louisville national bank president: RE
the business conditions in this city and section
very Satisfactory. d b ana GaEs
making money. The crop prospects are not so good
a bank president Of Norfolk, Va: Our truckers
season, which has brought into our community a
great deal or money. We have strong demand
5S' ~ MEET tbs libes e Cotton crnp
promises to be fair with the prospect Of good
price which ought to cause II to move promptly
suppl OF money Cotton shipments ought to cut
an important figure in our foreign exchange; which;
Of course, will be a great help in the financial
The president Of national bank of Atlanta. Ga:
Inc crop orospeeI Is proiisinyY, th3 5 coon
We are SATISFIED that money viii be easier in this
section of the country than ever before as farmers
do not owe very much money. Taking 1t al IN all
we see nothing to be frightened about relative to
the future SO TAR as crops are Concerned OF ereats
IN this section OF the United states. LeglilInate
exceptions. The banks loan money TO merchants
are not eted at ali By the deportation Of stocks
IN New-Yorl, as there are very few stocks traded
IN here. and not very many held only for local
The president of bank in New-orleans I'm
reply would say that business in this city and
section IS good, and prospects are favorable. The
crop prospects 1 80 s0 far are 6 daDo5ahe but 1t is
The vice-president Of trust company in New
Orleans: AT this time the crop conditions
very encouraging: In fact more so than for several
good and sugar cane fair New Orleans and this
section Of the South improving steadily. Finan-
year. The merchants report sales and collections
better than usual. and If fact. if the crop cond-
lions continue as they are to maturity. we cannot
The president Of railroad in the South: I'VE
consider the situation strong and satisfactory.
Crops in the Southwest are good. Those that have
been harvested such wheat and oats. show
than average yield The corn crop in
the soGthwest is made and is far above the aver
IS .hree weeks late but the plant is strong and
fect. and have been so for the last month. with
an average crop and good prices in prospect farm
supplied WITH orders and running i fn teI T f
cspscitv Jrne is USUALLY the dun Tnontb with fi1
manufacturers. but IN June of this year our mills
month in their history and at full list prices In
my opinion the financial condition of the country
generally is sound Money for legitimate business
IS in good supply and the policy Of the banks in
safety" "''-l'' inc iiiieS Oh
Ing out Of account the manufacturing interests of
this section OF the state which are small but
never better. We have had two wears Of 'dro1Jth
and very short crops but all OF our crous for the
they are abundant The people Of this section have
had of corn hav
vegeta bles and fruits; there is no mistake about
we have had PERHAPS little too much rain In the
last few days but. barring any unexpected calami-
o 81 he State The resent 70 5hf