Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-07-17
ILUL IN BUSINESS | \
MARKS THIS WEEK I |: ] X.
prevailing Warm Weather is Re-
sponsibIe for Between Sea-
sons Mercantile Calm.
CROP SITUATION PROMISING
larger Yield and Better Prices Re
sponsiblc for Undertone Strength,
Or the Stock Market.

OF the Stock Market.
The local banking field appears To-
have not experienced any special feat
i,lres the past week beyond the re-elec-t
aim OF the old board of officers by the
directors of the lions Savings Bank s..
Trust company. Henry Clews in his
last circular letter has the following to
SAY OF special interest to the far west:
.'The most important element regard.
Ing the future is the crop situation.
This, too as a whole, is very promising
BIG CORN CROP.
THE corn crop continues exceedingly
promising, and predictions are still be-
Ing made for record breaking $780,
900, 900 crop. This is the most Import
ant crop of all, not only to our farmers,
but to the railroads. The practical.
certainty Of high prices foragriculturaI
products, even should they recede from
present levels, means another profitable
year to the farmers, 1t means also
heavy traffic for the railroads. and
should be beneficial in providing an
abundance of feed for the cattle rails.
en- The government report showed
Z much Improvement in the condition of
wheat, and the output OF winter wheat
is likely to prove largei>in quantity and
better In quality than at one time all-
ticpated. Corn was reported So points
better than last veal, and 4.5 points
better than the ten-year average Win
J Ter wheat was! LIS points better than
a Senr ago and ID, 2.S points
above the ten-year average while
spring wheat was 2,6 points
z higher than last year and 4 IS points
above he 10-year averag e. We are
also sure of q big hay crop and good
oats crop.
FARM PRODUCTS HIGH.
Prices of all farm products are very.
high. In view of the prospects of n
good harvest, 1t Is possible that Some
recessions may be expected during the
next few months. but since no great
surplus is In sight 1t Is quite certain
that the farmers; as a class, will enjoy,
another very profitable year. Last year
the value Of agricultural products was.
estimated by the department OF agri-
culture at s7.f7s. 100000. In view of the
larger yield this year and better prices,
1t seems fair to assume that our farm
ers will this year realize fully $S,dN0,-'
600, 900 Of new wealth, n sum so huge,
as to almost defy comprehension. This
fact goes far towards explaining The.
n'ndertone of strength of the stock
MARKET I'd 81. s
BUSINESS GOOD. AZ:
The Hardware Trade reports a. con.
ti1uation OF good business conditions
with a continued marked demand for
building material, for sheet metal
goods for galvanized metal stocks, and
general staples, etc. The trade Is graf.
ifed to report collections as.continuing
good. There has been an unprecedented
demand for garden hose, Withstand g
ing the advance in prices due to raises
by the rubber trust. The stocks OF
this line are Well cleaned up at pres
emit rhea mining machinery depart
ment reports encouraging times with
an Increasing call from the mining
camps which are now losing sight OF
the former hard times. s
CARS ARE LIMITED.
The lumber trade reports difficulty in
getting SHIPMENTS through from the
northwest due to- congested conditions
in freghtss generally. At the same.
time railroad officials are notifying the
trade that there will be shortage in.
cars this fall. Business Is picking up
With the railroads in increased sales to,
them of tie, bridge and other construc-;
ton tilnbers, the purchases being heavi-
er than for. some months past Cen
eral trade Is likely to be heavy this
fall; at the same tirne there Is COM
plaint of slow collections, as parties oW--
ing say they are waiting for the crops
to move when they Will have money
There Is no particular change in local
market conditions, except that one or
two concerns are complaining of high
operating expenses. and several are en-
deavoring to sell out, as the business is
not productive OF a fair protit-so 1t Is
claimed sT55a
LULL INsDRY GOODS
In the wholesale dry goods market
trade is reported fair, tlough$not brisk.
as II Is hardly time vet to start in on
the fall trade So special wants. among
the trade are about the only feature to
call for shipping, though there is a
general readiness to prepare for good
falI trade which opens up on the 2oth
inst There Is quite an advance report
ed in double width sheeting. bleactied
sheetings, staple ginghams, etc. There
is also an active preparation for a,
heavy trade in decorative material dur
ing the G. "A. r. week. with efforts be-
ing made to be prepared for any
amount ofZcalls
End Of the season sales, jobbers say.
does not Indicate any revival of interest
In, fine printed wash goods, such as
LAWNS, organdIes etc, tsis said that
it.has been years since these were such
poor sellers. They have been crowded
out by spoplins, reps and other piece
dyed and solid color goods.
Knit goods are more active, With
hosiery buying. much better than a year
ago, while underwear mills wan better
prices, Ribbed fabrics are in active
demand. There is a strong demand for
linen, buyers not being checked by the
high. prices with the largest orders in
the history of the trade placed for next
snring, Fall silk prices are higher, adj
Sances IN the raw material greatly
steengthened the market Practically