Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-03-20
WEEK WAS QUIET
IN MANY LINES
Rather Unusual Conditions Pre-
vail. but Situation Is Viewed
OptimlstiCaiB.
COLLECTIONS RATHER SLOW.
country Banks SIN Continue Linn
uation- Required lu Panic Season
Good Trading anticipate O.

10 has been comparatively quiet
v..a Boo banking although business
Dan. been steady. and 40 times strong.
,..m,rous loans are being made Tor
1..i.ne. great deal of which d. zoe
... uu iu salt Lake. In fact. some
,s tra banks do not lind 10 convent
.rl OBJ lend au the money desired.
fu.h money Is wanted out of town .or
...auou and farm improvements.
v.He Che demand for money for de-
,rapment of mines never ends. some
caution Is necessary, however u his
i.ftar matter Idaho is calling Tor
.ev amount of funds with which To
..t.uH her enormous irrigation sEs-
t.,.. tho success of which seems 10
fu.Htr tine loanIu- of all the $500 .eys
decided m This direction Deposits
r.uHIn steady. confidence is apparent
D. General and we'll grounded
Henry Clevs Bon mis- last circular
hr important element of conse-
afI.n.a is the crop situation. me
...utrys greatest need today is "a big
HARVEST Prices of all food and agri-
cultural products are too high, greatly
Increasing the cost of living, and no
recession can Doe anticipated until the
farmer gets 20 work and produces
more abuudantlv This he can we'll
AFFORD to do for farming has become
much more profitable Industry tldn
r former days. and there Is sure 70
ha ready market at profitable prices
fa. aII the grower can possibly pro-
Hu.e our farmers should be shown
that 10 ls for their interest To strive %
tH. utmost for large production. Al
present they are the most. it not the
only prosperous class In the couu-
ur Yet they cannot indefinitely
prosper at the expense Of other class
r- and their own progress viii be
prolonged and made more permanent
hy doing their snare towards reducing
the cost OF living As that element
declines there viii be more TO spend
u other directions, other industries
viii become more prosperous, the
number Of employed VIII increase. there
viii be "a larger number Of mouths TO
feed. and q consequent better demand
for food products. our monetary out
look rs I'm every way satisfactory
Cheap rates for both call and time
funds are probable FOR tho next SIX
months tO come Ioauablc funds are,
30 anything oVerabundant and re-
fleet only too plainly the prevailing
iuaCtiOu of business Gold exports
are increasing and a further etdux OF
the precious metal is anticipated so
long as interest rates continue 40 low
and imports continue to grow as az
present The arrivals OF foreign mer-
chandise during the last few months
have been steadily increasing, and Il
SIS cheering ~ note that the increases
have been largest in raw materials
for domestic manufacture. our exc
ports ~ agricultural products nave,
however been seriously restrained by
high prices thus materially facilitat-
ing gold exports Fortunately. the
supply Of gold iu this country Is SO
large as 10 cause no uneasiness AZ the
considerable cfnuN. but this constant
Ioss of gold on such "a large scale.
when OUT excessive supply of paper
currency remains an comparative
eilndstill is not a tendency that IS
entirely satisfactory
LUMBER.
The lumber trade reports very lit
tle doing. with no change Tn tine whole
sale market from what IL was q week
ago ~ DIS said there win be an advance
iu pine lumber before long. However,
The trade does not believe the advonce
win stick 81 10 Is made. The storms
0f the past week put a Quiotus for the
present ON birding operations
HARDWARE.
THE hardware trade reports pracu-