Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-27
Money REMAINS
| DECIDEDLY TIGHT
T---------------------
.tanoial Situation Locally Shows
| Bot Little Change From
I-~r Last Week.
REALTY LOANS HARD TO GET
pI6Is outlool, at Large Is Not Quite
i'''so Cheerful rs II Was
Week Ago.

The financial situation locally shows
u,,ie change from last week. Borrow
~ with collateral Of unquestloned
,hsracter can usually get an account
M. bit real estate loans are mostly
,ordned to private lenders The local
h.ak elearings continue TO shrink aud
srs, now considerably behind the fig-
-.,, for last year. This continues to
~ ascrlbed by some as largely due to
uspsys sent out OF town for automo-
Miss, The situation at large Is not
ouj,o 40 cheerful as II was week ago.
rhrsiencd agitation on the tariff ques-
.,o,,ororatcs To mako the situation
rsll nuiet. II not bordering on abso-
'oH dulness This is regarded In bank
nenhlrclcs here as very unfortunate.
vtst the tariff was once nSed. even
,bgsfh not for the best. Il could not be
IN alone for short time NJ least This
sviphating agitation Of the tariff Is
cosflre the country untold millions In
ihsshope Of slackoned activities
NJ SOME UNCERTAINTIES.
henry Clews says in his last circular
lst4F
tanNfN are Eilli tfNtldA uncertainties
sifb MS tho crops. the political outlook,
ma standard oil and Tobacco cases,
ma question Of railroad rates, etc.
ghicb arc 10 he settled. hut the worst
restsotinr these II would seem has
hem fully discounted. Very soon two
n ,tho pivotal crops. corn and cotton,
alh b. ont OF danger. The prospects
,on these are still improving. Corn
pr,snlses TO reach about a 5000, 100000
- q g.
a0e0Oo0 bales ~ cotton, which is
showing less deterioration IN August
thsn usual Thcra is stu the danger
oftelrIv frost. but each week reduces
ihn-rca table 20 such damage. Spring
wheat crop Is already turning out bet
'ehthan expected After the Labor day
HOLIDAY business should begin 10 re-
snme more normal activity The va
earone win be over. and the stock
market should feel corresponding in
snirltlnn. Altogether the outlook IL
reasonably cheerful. The process ~
resdjustmcnt has been thorough I'm the
stock market and IS now being worked
out IN Industrial and commercial quar-
ters There Is no reason Tor undue APP
nrehension: on the contrary there is
sound reason for believing that sftor a
further period Of rest the whole coun-
ny win be entitled TO fresh forward
INNNtNlNlAA uHNfl a. AbNNA anu iANAt AANA
nal plane"
HARDWARE AND LUMBER
The hardware trade reports sales for
the current month rather quiet though
IN general lines. the business record FOR
August Is "A stdnd-Off" with thar ~
the same month last year. The iobbers
have not pushed sales as hard as they
night owing, they say, to the uncer-
tlln condition OF the money market
nj with optimistic mind expect condi-
Sons to brighten at an early day, with
Increased sales for next month, and
Improved collections The latter are
rot quite as satisfactory as they might
Be- but are just fair" on account
q the market. the wholesalers have not
pushed collections with any amount ~
VIM Fan and winter goods continue
TO be shipped out. particularly stoves.
md stove furniture-st8ple articles just
u prcseut. feed choppers also cutting
something Of a figure.
The lumber trade reports absolute
luIetness all along the business Poto-
nae; no change IN prices no changes
n shipments. mo nothing" There II
ven no ripple IN the cement market.
Local jobbers say the northern forest