Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-07-02
0U|ET WEEK IN
: BANKING CIRCLES
,,,,,.tion Is Looked Upon as En-
coOrauing. However, in View
OF Crop Prospect.
TRADE is SEASoNABlE.
-. Merchants Report Demand
SIR Fabrics suited to the weather
with Good Trading.

IL in banking has been quiet
.regial features, business go
~" .,o,g smoothly, but with Slackened
ps Tho demand for money has not
~ ~ strong. mo- doubt because oi
'',a ,.s,s,rtions Ia commercial circles
ps sa osrticularIy in tho building line
anu - the situation is not consider
hos,e.'.S,,ragine In fact the reverse, be
ca . o.' urOspects for the crops are iaf'
,'.s,bsisnding the drouth'
mEws WEEKLY CIRCULAR.
u.n. clevs In his latest circular
~ says. Holiday quiet VIII besih
y W. canning week. the present pollt-
y collation. is more or less disturb
M hssldes there Is an uhdercurrcht
wy ,Sblic unrest Big crops WIN lih-
~ large demands upon ih'erloi
- which they In turn may De CON-
-grd TO transfer to the cast W WHO"
~ the New York banks VIII De op
XII 10 take a larger snare thaH usual
nnl"nr, b,wcyer. has been so full
77,ia,tad that when II arrives II
eosiI, prove less important than
ra1.,sd The fact that trade Is duli
Af,s,hers will tend to maintain
49,, ease. This inactivity In bust
1. however, can hardly be consider
~ hrii argument I'm stocks; ana It's
-, vtou railroad earnings remains
~ seen. especially In view OF the
-, ,n,y.ase In expenses which the
@,s,,,ds are now compelled To race
w. ,r,n trade is not at present IN
.Sory satisfactory condition, ana the
,..a.ncy M prices H. downward. the
IN Goods Industry Is stu going
s,,rgb period Of stress, manufac-
80 beiug obliged 10 Curtail heavily
ING 10 their inability TO secure the
W-ber prlces necessary To cover the
ssrsassd cost of cotton. Another Inn
,,srt industry not yet adjusted to
i.ssspt conditions Is the copper trade,
Ltf.h continues 20 suffer from over
.,,drotion From many points OF Wow
4 ,s satisfactory 10 note that the tend
s,rv OF commodities Is downwards TO
4 more normal level: yet on the other
hand IL must be remembered that low
y prices for agricultural products
mean smaller profits for farmers. The
latter have had a number OF very fat
tsrs and can well afford one or two
han ones. eNceut where they have been
tsmptad into extravaganza and undue
speculation"
HARDWARE.
The hardware trade reports an in
crease Of Is per cent for the month OF
June over the figures of the Same
month In 1903. while there is slight
Increase In business oyer that OF the
month Of MAY. Conditions are salts
. 4 trt al with tTnna
steady and satisfactory. and a healthy
outlook Lines OF goods Of wide va
rs,y are being shipped out, with quite
O run m enameled goods, tinware for
4 household furnishings,ond staple stocks
Il gerer8iv Shc, iron and steel plate
are active with bsrbed wire fencing,
nails reirIgerators, ice cream freezers
a. good sellers.
LUMBER
The lumber trade reports business
steady but comparatively featurcless.
Prizes remain as they have been for
he last three weeks, II anything tend
\ hg lover Shipments are somewhat
icN owing 20 q slight difficulty in
getting cars The cement market is
sitter .htn ever. with manufacturers
4 rmIeled 20 accept orders subject to
delay As the demand this building sea-
bon is without parallel.
WHOLESALE DRY GOODS.
me wholesale dry goods trade re-
~ sales Tor the calendar year 70
w az. an Improvement over the same
go Ior 1903, and business was good
through June. The shipments now are
IvsuHlntr stufs, with filing In or
ana The irst consignment OF fall
goods being received from the east