The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-10
lTED STATES
b PROSPEROUS
/, IA Good Promise That 1t
viii So Remain and
Continue.
|nROAD TRAFFIC is
LARGER THAN YEAR AGO
lhOk for the Larger Fall
frapS Is at Least Reason
ably Satisfactory.
pcKl,
nv PRESTON @. ADAMS.
- Wire TO The Tribune.

.rsassd Wire TO The tribune.
- Work. July 9.-With the end
r,Ns first half of the year 1910. the
" States finds Itself in pretty good
:4,os m In a business way. IT is true
srs some pretty knotty problems
soIyed during the second half OF
m notably the rate question with
r7jlncads and congressional cleo
mi men who take broad view
~ financial situation do not antici-
Y sny trouble. New capital issues for
sIx months exceed 81 .oOo,o0o,ooO.
4 rSarters have been taken out for
.rIss i capitalized at sl.000.000 and
4 = 10 The extent OF sl.120. 900 900
y The last five months. contrasted
4 iust over $500, 900, 900 for the same
q In 1903. showing that the spirit
'.s,srnrIse has revived TO a remark
. sr,sct. Nor is II without signifi-
4 ihat immigration is increasing:
4 January about 100000 steerage
-,-rers arrived at American ports, a
4 al almost 10000 over a year ago.
Railroad Traffic Heavy.
-,I,rosd traffic is larger than Il was
m months ago. and. although loud
-1hIn,s ere heard today concerning
. s1finkage In net earnings. there is at
a possibility that the returns for
<royent months will not be painted
d % black. now that the railroad bill
4 bssn signed by President Taft and
A ihs agitation for higher freight
"A has entered q new stage. Trade is
4 booming. but there has been little
no orerproduction (saye in copper :.
A lac price levels are no longer as
rrrous as they were six or twelve
,1hs ago. As for crops, a good winter
|ntt Is now assured, while the out
\ for the larger fall crops Is at least
.foably satisfactory. The many dis
.anes that were threatened between
.'sl and labor have all been settled,
hat Today industrial peace reigns
E1Ehoul the country
In Prosperous Condition.
ne claim cannot yet be made that in
No has been everywhere eradicated
lat smiling content yet prevails from
h end Of the land, But substantial
rlress has been made. The cost OF
8 has come down appreciably and
1aises 10 become materially lower,
|<hg II altogether, the country is In a
-Eoerous condition. with good promise
Sil remain so. More encouraging re-
sv arc being received from the steel
iGty. especially from the finishing de-
1iaent One of the most prominent
lures Is the radical change in the at
~ Of the railroads. which are max
\ free applications for shipments on
ccacts and arc placing many small
rs for bridges and other structures
W paris OF the country. Although no
y t0nnages are coming out. the ag-
rp'a Of small orders Is quite salts
Esg.
Steel for Salt Lake.
<s demsnd for fabricated and struc-
aiesl from other interests than rail-
g 3 active. Many small orders are
- placed In all sections. but more
lnrsry In the central west and far
g The American Bridge company
+ luii booked an order for the Crane
Frys shed al Salt Lake City. for
.naol al Denver. for a bridge at the
''h furnace at Duluth,
Gold Exports.
ntse years ago New York was levied
y the Bank Of England for gold
Sn means Of special inducements
ne Hrst time since the Boer war,
4 years ago Egypt was the sore
ihe gold exported from New York
'tlaon during the current year. while
to,ns Forward under what is ally
;I'lood as Special arrangements.
moi; nevertheless. have been
- nad not the London institution
so 70 raising the price Of American
4 ~, MID form Of special facilities.
y va. our foreign trade balance has
aanslormed from one Of excess Inn
,uso one OF excess exports. II would
IN plooaoie that the next transatlan
"a ,siYssment would be In our favor
- u more than possible that this
= me United States Will receive
= europe q considerable amount ot