Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-06-04
MONEY DEMAND
CONTINUES GOOD
~. ,mOrovement in cIcarings'
r a., Crop Prospects, and oth-
'' :, favorable Conditions.
r.,AL CONDITIONS STEADY
Good. Wholesale Dry
D' ~ood. slow, Lumber Quiet Re
"a DRY Goods Better

al banking situation TOT the
lA noen marked by the opening
We. n the finest and best equipped
..5sg Institutions in the country INC uno
49, 80, Copper bank in the Now
s.,,d,ng The elegance and cost
,or of the fixtures and fur
ars without precedence in this
~ the world. and a st. LOUIS
IA' nan who was In town TINS
l1nnns III had never seen any hner'
EteA ss..ssis say they are doing an ex-
me oii s.,sIrsss TO start with. could not
csleh' Do better, 50 that the OUTLOOK
ven ~ at;fying. The general SIT
5 ihace bas been rather quiet dur
giipn ~ a,c.s though a fairly STEADY
ig Wy hss a,een done. Tho demand
bssness .' continues good, and local
iii moAe' -anort an encouraging feel
anahCN, y. iupnroyed eastern conditions.
iag cue ~ "iear,ngs last week fell be-
lAs ee"~ - the corresponding week In
loW u,,,,o,,s year, but this week the
ils ,s on the other side or the
NAIt' ina salt Lake chapter OF the
kasu institute of Bank Clerks has
Aussi. ' delegates to the coming annual
tn1sea a,ton of the national body, win
COM ee...,,ed intention OF bringing the
u s,. a1vo of 1912 to salt Lake.
cLEws IS CAUTIOUS.
y.n,y ciews in his latest financial
i,,i. ,.a ne,i''' business is quiet; some
,.es PARTICULARLY in the teSuie
s.,rehes. being extremely dun, a
g '''.,' batter tone is observable IN the
u.s. - industries. and more activity Is
..5.,, shovn in the iron trade, although
y! 20 s,sel corporation Is only running
", ,ho,,t 70 per cent OF It's full capacity.
49, are making fair progress the
...a,ber In the past few weeks having
: W ,,ore favorable As stated In pre-
US sdvIces. good crops are more vital
:, continuance OF good business man
.1y other single factor, and this year
!. 4 especlaily important that the couh-
.-1 nave a good harvest. our Foreign
,rase continues 10 show a deiiciency IN
,,so,ts hut the recent downward ten
5saey OF commodities In genera snouiu
INA To restrain imports ana stimulate
sr5orts thus restoring tho nuch De
,ir,5 equilibrium In our foreign trade
The decline IN wheat is an especlaI'y
tsvorable Incident Fortunately, Europe
i. IN a much easier financial position
,san expected lessening the probabli.
,'ss of a further drain upon our sold
upply. which would be unwelcome I'M
ssr existing circumstances. The faNo'-
sbls features In the market are these;
SATISFACTORY crop progress, easy money
patl crop requirements begin' ana up
rroaching adjournment OF Congress.
. 81 q nFsNhlpff1-
sii.a the nresent ease being largely
s,,sraelgl Interior hanks have been
contracting their loans when possible
sri grninc FUNDS o. New York, the
r,sln being an ample supply here OF
In money Bankers are wisely. keep
nc ,beir funds we'll I'm hand The west
~ situation rs attracting much atten-
n because OF the considerable over
mansion OF loans by western institu-
IONS frequently on collateral cf ques-
oned stability. There has been n
neat land boom all through the west.
ehIch state and national banks and
.iher financial institutions have had
ruch 10 do IN financing While there
.ss been nm unueailoned and healthy
iN In land values. still excess has
-oken out IN MANY places. and there
. Danger NJ reaction. with so large an
mount " funds locked up In such
peratons, the western banks will be
rs able 20 take care OF the crops next
~ than usual This means firm rates
y money when the crop movement be-
FMS and New York may be called upon
" assistance 10 n larger extent than
'r several years"
HARD WARE TRADE GOOD.
The hardware trade reports that
slness continues good with steady,
loaantlal demand for goods. How |
er. collections continue poor. Build !
= hardware Is not in as heavy de- !
ana as Il should be for this time OF (
ar but there Is steady sale OF |
Sonable staples making UP for this
snelency the sales including lawn |
overs garden hose. sheet metal. tin /
are screens Of all kinds. fishing /
SAle' sporting goods. etc. There is |
peuer sale OF fishing equipment in |
aho than In this state because the |
sho game laws are not nearly 80 |
,,meent as In Utah The sale of /
ming machinery Is an Improvement
W me las, Few months. MS there |
IN 10 De reaction I'm favor OF /
'1Ing lnves ments from speculation
ana and lndustrials. The trade Is
-1n interested in the recent success