The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-08-21

TO the 1900 level, where the lime and
quartzite come into contact. is the as
surance that the DAILY West manage
ment had broken into ore on the 1900
level. All over the State the mines
are being shaped to take the best ad.
vantage Of the increase III metal prices
deemed logical with the improving in
dustrial conditions.
There is no doubt of the sincerity
with which the big copper producers
are following the plan of curtailment.
The copper situation has Frightened so
materially that the interests which, Il
few weeks ago, were vigorously de-
manding u reduction of copper output,
are today wondering with something
closely akin TO alarm if we are not on
the ragged edge Of Il copper famine.
In view of the numerous large produc-
ers soon to begin operations, famine
is hardly likely. but the wisdom of dis
tributing the surplus of the metal be.
fore this new production is available is
commended by the world.
Eastern stock market conditions as
a general rule present a satisfactory
strength, but repeated warnings are
given to go carefully, not becoming
pronounced bull or bear, in view of
the fact that the markets are about
equally balanced. little of good or bad
news being needed to influence the ac-
tion of securities, The. Salt Lake stock
market is gaining strength slowly but
healthfully.
The harvest throughout the State bids
fair to be fully up to if not above the
normal. The yield of the dry farms is
especially encouraging. this encourage
ment being particularly lively i'll view
OF the fact that the dry farmers were
very despondent until they began 10
harvest their grain. Then the yield
showed well, and dry farming will have
boost from the operations of this
year that will send it strongly to the
front. For the argument is, if in
long, hot, dry season such as we have
had this year, dry farms do well, they
would certainly do even better in an
average season.
The ranges have been good by reason
of the fact that the early precipitation
was ample and the grass and forage got
well started before the drought set in
In the country at large, crop re-
ports and fall iobbing trade show co.
incident Improvement. With the bet
ter news from the harvest, trade of
every kind looks up. Both corn and
spring wheat are showing up better
than was expected month ago.
Reports from leading industries show
little change. Iron and steel are quiet
with restricted production, and there is a
fair demand for structural supplies, with
no further decline in quotation. The
tone of the dry goods market is better
especially with shippers and selling
agents, but business is still limited
Cotton goods and cotton yarn are firm
Business in wool firsts and worsteds
is of a more limited character, al
though there is more agreement re-
gardlng values The manufacturers
seem to be having prices pretty much
their own way.
Industrial operations are fair, though
some fear of strikes is manifested in
different parts of the country. and in
various of the productive employments.
The metals continue firm, with rather
a dull market, silver being shade
better than last week and copper on
the gain.
In Wall Street there have been some
signs of strength during the week, but
this is quickly followed by the reac-
tionary tone and by threats of depres-
sion and weakness,
On the whole, the country is in
fairly prosperous condition, and bust
ness and industries will doubtless see