Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-07-31
j|IVS GENERAL
ON ALI. Lines ! J
IL Years Business for First.
six Months Has Been
Gratifying.
BANKING SITUATION 81 y i 9 y. T EASY \: ]
non outlook Encouraging Not Alone
70 Farmers, but in Financial
Circles as Well. y

4 non outlook Encouraging Not Alone
no Farmers, but in Financial
Circles as Well,
| -
.rhe local banking field has found the
Auation easy this week, with an am
1. supply Of money easily balanced.
mo fact that crop prospects are Of
,,ch excellence is highly encouraging
the monied interests both OF this
,ate and elsewhere. There have been
! snecial features, but business has
een steady and good. Henry Clews
! his last circular letter says:
Adyces from the interior are uni
ersally optimistic, and sentiment here
Il equally hopeful. From the great
rrlcultural regions of the west reports
6 to crops are very encouraging, and
mes for another profitable season to
,rmers are gradually approaching re-
lization The corn crop, the biggest
actor in our business outlook, is still
improving, and there has been no dim
,lltion in the prospects of a bumper
ield at very good profits. Even should
rices fall below those realized for the
list crop, as has been previously point
4 out in these ady!ees, It looks as Il
1e farmers of the United States will
his year produce somewhere about
,,OO000OO0O of new wealth. This is
prodgious amount and must have a
Dry stimulating effect upon CONNER
al, Industrial and financial affairs.
ankers In the west are universally
ppeful owing to crop conditions; Mer-
aants are not carrying large supplies
goods, and factorfe3 are obliged to
cadly Increase their output It is
Tue that business does not yet equal
Il volume the record attained before
he panic, and that owing to imitation
I values the actual Improvement in
usiness is often not as large as app
EARS Nevertheless, Improvement is
10 order Of the day and the outlook
,r a satisfactory fall and winter trade
all parts of the country Is excep-
pnally good, especially when the tariff
ssuetis closed, which will now be at an
irly date.
Imports should become more normal
Z soon as the tariff uncertainties are
,aIt of the way, and our exports should
ecover somewhat under the effect OF
lrger crops The tendency, however.
ppears to be towards diminished ex-
orts of grain and meats for the rea-
pn that our home demands appear
be increasing more rapidly than the
upplles, Exports Of manufactures are
ortunately increasing. It would cause
surprise, however, IL we should ship
considerable gold during the last six
ioilths of the calendar year, much de-
nnding upon the freedom with which
Europe may take our securities. Of
ihich&lfSall demonstrations prove true
here will be plentiful supply before
cry long.
HARDWARE.
The hardware trade reports a very
satisfactory condition, both as8to sales
nd collecting, the business of the
ponth Just closed being IS per cent
lcrease over that of the same month
list year. Trade is substantial in all
mes and departments: In fact increas-
ng steadily every week. The mail Or
err business is highly encouraging, as
ustomers are not waiting for alesmen
D call. The building material demand
Dntinues very strong, as there are
many large structures In process OF
constructions. The demand for sheet
.on and tinplate roofing is also in
reasing. The trade anticipates a
eavy fall business.
LUMBER.
The lumber trade reports the whole
ale shingle market as stiffening, and
nth trouble in getting shipments
iuyers must anticipate their orders in
rderE to get things through--in fact
lore so, than for the last two years
n fir and pine there has been prac-
cally no change from the previous
ieek, City business has been goad,
18th the yards worked to their full
apacity. The planning mills are de-
Eyed on account OF heavy orders. For
ne year so far. business has been 80
er cent heavier than In the cores
ending time of last year.
WHOLESALE DRY GOODS.
The wholesale dry goods trade re-
prts very heavy stocks on hand for
he promising fall business, one large
puse having $4,000 worth of goods
n hand, the heaviest stock 1t ever
ad, The fail trade promises to be the
lrgest the local TRADE has ever known.
here is the usual report about al-
ances in cotton and printed calicoss.
obbers report fall dress goods in de-
aand with supplementary orders being
LACED. Broadcloths and serges are
nm. Wooden dress goods manufactur-
rs have lines for fall at attractive
rlces. Agents and importers are san
uire regarding dress goods for spring,
the wholesale and department store
lades are placing import orders on
lece dye worsteds and woolens a.i
yell as on yarn dyed fabrics. Many
ew cloths are to be shown by domes
lc manufacturers to compete with
oreign novelties. Special offerings In
loaks and suits are attracting buyers
ome of the lingerie costumes. linel
iresses and fancy cotton goods suits
OF. misses and women have been SELL
ng at full value in the first hand mar
ret.
RETAIL.
The retail trade reports conditions
EXCELLENT, particularly IN neckwsar,
iandkerchiefs, embroideries, trimmings
tc In fact the neckwear trade is the
seaviest in the history of the local re-
nil business. There is q big demand
Or automobile wells. General trade is
God; In fact 1t has been good in all
Ines. especially summer goods There
las sprung up quite call for G.. "A. r,
FOODS. In national colors. Leather
FOODS also are proving rapid sellers.
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BUSINESS NOTES