The Evening statesman. [volume] (Walla Walla, Wash.) 1903-1910, 1907-05-11
WEATHER CONDITIONS HURT
Review Of Trade for Week Shows
Advance

TACOMA, May 11.-Seasonable rain
fall would be a favorable factor at this
time in forwarding crop prospects ana
improving the future trade outlook
While there are no evidences of injury
from this source, more moisture and
warmer weather, would have an ex
cellent influence on the situation. Grain
has the advantage of the fact of a
heavy snowfall and more than the aver
age amount of moisture in the
ground from which to draw, and the
open season has proven advantageous
in prosecuting spring work. while the
situation is still in markedly good posi-
ton. There are varying reports as to
/ the losses accruing to the fruit crop
from the cold of two weeks ago at the
actual condition. but later reports in
dictate that earlier advices were exag-
gerated to a considerable extent, and
the output, except for earlier and less
hardy varieties, will be we'll above the
normal.
RenOrts of crop damage throughout
the country have had a considerable
local effect in boosting local prices for
grain and feedstuffs, though current
market conditions are largely governed
by factors that are peculiar to the Pa
cific coast, and the exhaustion of
stocks, coupled with strong demands
have assisted to raise values well
above the normal level, with no pres
ent prospects for recession. Wholesale
and retail trade continue to move along
sa tisfa Glory lines. There is a fair VOL
90 I,,-s
especial features are in evidence. The
situation has improved moderately, as
far as collections are concerned. and
conditions are about a normal plane.
though still showing some effects from
the interruption to the distribution of
revenues from some of the leading
sources of activity throughout the
nor Invest earlier in the season. Build
ing and general development work is
progressing we'll. with the brightes-
nOssible prospects for extensions as
the season advances. The rapid extern
sion in onera tons on the part of the
a be supply of labor, and already ap-
DrehensiOn is expressed as to the
prospects for securing sufficient help
for caring for the crops, with the GER
tainty that profitable employment will
he provided for all classes of consul
mers. Construction work is hampered
20 an extent by the difficulty in secur-
ing material in many lines, but is well
maintained above the level of last year.
There is a continued strong movement
in new popula ton acquisitions
throughout the entire Pacific north
west. and substantial investments con-
tinue to be made in industrial and COM
mercial enterprises. The movement of
|realty is perhaps not so large as would
be anticipated. in considera ton of the
significant local DEVELOPMENTS as re-
cards the railway situation, but par
tial explanation of this condition is to
he found in the enormous volume of
local Improvement work in progress.
Local property holders are required to
meet the heavy outlay for paving.
street improvements and repairs to an
extent that checks investment by local
men. and. while there is a strong de-
mand for residence pronerties to aC-
commOdate the growth in pODula ton.
general conditions are not favOra bic
to diversions of large amounts Of east
ern capital at this time. nor is it en-
tirely to be denlored that this is the
case. The Pacific coast is peculiarly
favored in the volume Of clearing
house transactions, indica ting a greater
activity here than elsewhere through
out the country. but the conditions are
fairly we'll maintained throughout the
country, and. aside from the usual in
fluence of crop damages at this season
of the year, the outlook is good for con-
tinued prosperity.