Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-09-11
u,eenerql Monetary Situation
seems Encouraging is Re-
mort From the Banks.
,oNey COMING FROM EAST
-. Vast improvements Now
ncins Pushed in VA" """
ON Pacific slope.

,.rsi monetary situa'loh Se'''
3h't H.. SD the report Is from the
Neo'' r.norts from the agricultural
ea' ..,s no. only encourage eut appear
c'u" ,s, Local conditions continue
r' ,.nced with the demand for money
l'-,'. I'D steady. and the supply edua'
60" o." a.,snd Considerable money
TING nom the east to be loaned
-ents here. as 1t would be imposs'.
sa,ting men say, for the local
p', A. mrnlsh all the money Tor
,c,provements now being pushed
va va ,inanced on the Paeinc sicpv; ~ II
VA hat. exclusive OF thS i"i,' 81
$40 uio't so Goa OOO OF foreign capital
WVnDu-e, In this state. and inciud-
Is r,,liroads. the total amount
m ,end he treble that sum-
SITUATION IN TIE EAST.
,.or, ,levs in his last circular let
h ,hc outlook there Is less enthue
H ~, iva or three weeks aSo ma
s-5is,elv after settlement OF the tai'N'
neu' y probably due TO failure OF cN-
lns .,nt expcctations to materialize,
us'ae rinration IN the corn ant
a crop which took place In August.
- ,teld OF both these great stall
lW Fan below 2 rider expectations.
~,H On rfop may SIN favor us witn
~ hico.ef Weld on record. bat a SOME
W., s,riou- dcdcicucy Is Practically
.r,sso I'M cotton owing TO prolonged
Nth IN the SOUTHWEST. ara TINS can
ro hut have retarding effect uloh
s.-ions where Inc shortage r. slcdtee'.
srne COMPENSATION VIII Dc ueilNei
a, The high price OF cotton nut pros
ss,ity III the south viii BE- spotsN' ann
some Of the railroads VII nave huS'
~. .otton to carry than usual ~
80 prices realized for corn mis-,
~, .eecf tle west. Last year TINS
go vas valued AT 81 800 0l0,0c and
I'm at 500 OO0 000 and &c Is now
ess.t,onable whether either OF these
"a crops viii exceed in value the
Mia az 1905 J., has been estimated
,s., his years agricultural products
,o1d reach the sum OF s. 600 100000
e,mnared with s., zoo, 100000 last yea.
mis- iq,ue still seems possible in view
n the better Weld and good prices for
many other crops hut the too hopeful
b1ryest expectations Of month a2o
haye certainly been modified by last
months unfsvorablc weather condi-
lions IN rlitc. however. of the tonng
dogn n extreme optimism. the bust
mss situation Is very satisfactory;
hank cle3Hnrs la August wcse more
ihan % per cent ahead Of year ago;
trade IS steadily Increasing IN volume:
conditions are sound. and there Is every
prospect for continued expansion dur
Inc me remainder of the year AZ no
time since the panic has the volume OF
trade been SO large. and Il is several
years at least since tho relations be-
tween production. consumption and
credit have beer as sound and salts
factory as they are today.
HARDWARE BRISK.
The hardware trade reports practical
B no change. with business steadily
good Large quantities Of goods are
bing received from eastern factories,
but with the increasing demand from
niaiers over this territory.these stocks
are not likely to remain In the ware
houses very long However, jobbcrs
are well prepared for any demands
that may BE- made on them Collections
ere reported better. In 80 to so days.
ite trade anticipates heavy volume
" business, particularly in the line OF
staple goods. Tho demand Tor build
ds hardware continues undlminisheG
SHORTAGE IN CARS.
The lumber trade reports an increase
Do the shortage Of cars. with conse-
luent difficulty I'm getting through
shipments Prices remain firm with no
diminishing In the tendency Ia rise
Iet trade is very good. both wholesale
and retail the local yards running low
m stocks Shingles have gone up sew
'Fal points in the past week The
onen weather encourages building
which causes a steady drain ON stocks
ADVANCE IN DRY GOODS.
The wholesale dry goods trade Is
AoWer this week than last. but still II
oHsk' the call being for winter goods.
Fi,h as blankets. quilts. fannels, fan
nelets etc lobbers say fall dress
goods are making record IN the
wholesale trade All Of the staple and
.aAey Worstcd lines offered at prices
Close 10 those OF last year. are being
wneied by the retailers ON the high
faue Wnrstcds, some of the larger
ras'efn mills have completed their fall
nyih and are using their looms on 1910
splhs lines The market for cloak
VIZ ss % reported 10 be the best since
~ Vaiment makers are taking "a
nlk'f ysrdaec on staples. as well as
" novelty rlnakings Jobbers say that
lH cloths DOB worstcds viii show l5 10
~ pei cent advance over the spring OF
hfoldcioths arc ia keen demand.
n prices ON stanle lines firm and
snehsnged. Lines Of separate skirts.