Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-06-25
financial institutions curta''
Loans in All Lines to
Some Extent.
INLET IN MANY MARKETS
.,a.crs Are Not Keeping
stocks Larger Than Actual
Demands JUSTIFY

tl's''s, the convention OF state
Az ~ a.ss held and was much on
panA'', the delegates. Mr. Riter's
!''l ,',npg with postal savings banks
I'y, md much interest, special at
80, being given from the kno"l-
'tn''' 49,, congressional action might
''A' ,.y hiring about what the essay
=, deplored As a result OF 'he
-, the bankers OF the
e0n,'"'b became better acquainted
s'sw sssh other tnan ever, Whllo
N'.a vas an interchange OF views
Ws,'' acted as a lcaven III the Dough
'sA seal opinion The Coast Banker
" ss.n Francisco was represented by
~ ~, ,itor. George Il. Edwards.
There has been little money loanou
sask There has been consider
w Complaint In building circles about
11stGlty 10 borrow money needed ~
: "a improvements. However, tne SIT
'.,n /. looking better Tor the com
80 rsek The financial skies arc
ssshtsnIng with the crop prospectus
a, confidence. upon investigation mas
l.,,Asrably inCIc8 me utHlaSS
,rom drouih. while considerable Is not
a. much as was az one time supposed
Thus The chances are that dry Idr ~
rbsat will pull through ana except IN
few localities score a COCO crop
s.. ,sc, that Congress Is about 20 ad-
,ourn is also Frightening the financial
skies. ...-.,,.
HENRY CLEws' VIEW.
usrry clevs in his latest letter
feature " much Importance Is the
ir,n,oying tendency IN foreign trade.
M NAV returns amounted to &lSl 900
IA or nearly 81. 900. 900 more than tho
ana month last year. The imports
lu-lng the same month were about
40 N0 0o0 or only $A0O0,O0O In excess
y, Ia, wear. This Is a larger gain in
sv,oris and a smaller gain in Imports
nan seen for many months, ana
5enonstrates that owing TO declining
MARKETS and lower prices our foreign
irade Is returning 10 more normal con-
8tons The excess of exports IN May
vas sli. 900 900. the largest balance FOR
long period and compares with
balance OF over 100000 a year ago.
mis- welcome change In the tendency
Of our foreign trade Is exceedingly sig
nlfcant, since under former conditions
ws we're constantly threatened with an
sbnormal drain ~ gold. With condl-
tons a. they are, the outlook Is Tor
neral lmportatl0ns OF the precious
. -stal during the autumn, especially II
4 here should be anv financial strin-
Eercy on this side. as at one time was
Anticipated. though now less probable.
on Inc unfayorable side OF tho mar
! ket these factors should not be lost
A sight o. Political unrest: tarift pros
= PEGS. Mr. ROOsevClt'S return; back
ward condition of the crops dull trade;
excessive demands on capital, and less
favorable net railroad returns. These
factors however while not to be over
cooked DO not need 10 be unduly con-
sdered having been very largely. II not
entirely discounted 80 far as the Sc
curity markets are concerned by a
PIX months continuous inactivity, but
conditions are not uusound and there -
every reason TO anticipate a revival
la;er on few warm days would
quickly compensate Tor the backward
condition Of the crops. and 1t should he
remembered that the latter are rarel"
much injured by an abundance of mois-
tur There are few Instances IN which
our markets are uvcrsupplied, although
tt ttlhlfHN NL NfUldNl Is thu~lHE -
general downward movement In COM
modify prices The latter is really a
NOS, welcome development. inasmuch
10 {, means the establishment OF
,iade on a lower and safer level; alsl
a lowering IN the cost " living which
las been the source Of so much pub
c discontent
HARDWARE.
This Is proving a good month with
ine hardware trade, comparing favor
aoy with the same month of last year.
sales continue 90 keep up satisfactory
y With regularity Of demand that Is
Aso encouraging. collections are
steadily Improving, the past 10 days
showing % TO a marked degree, SO
,na' easier times are anticipated.
stneral lines are going out. as re-
srators. screen doors. wire cloth,
Haihg tackle which has made a
record IN sales this season There are
many fll-in orders for retailers who
.l'e disposed OF certain lines Of
Ec@ and must Immediately re-
wSSnsn Garden hose always is a good
-Ier IN this country. The saddlery
-pl harness features also have done
~ However the mining machinery
,l, does not Vick up well, accord
~, 70 NE trade, though camp sup
'''S ana small machinery are good.
LUMBER
=, me lumber trade reports no change
ui,S consequence during the week
~ pIleeS steady Shingles are about
rs,s ~, ana cement r. I'm greater de-
i,g .uah ever. Shipments are COM
us along IN good shape. and tho do
"'anl is steady and satisfactory.
Wholesale DRY GOODS
me lne wholesale dry goods trade locally
r,s,',ss buying as largely from hand ~
t-,-l country stores generally NOT de.
s,,I,. 70 carry more ~ stock than
s,..5, uade win warrant Seasonab,e
- orr SONG out in small lots. Joh-
rooa. generally report little call for
srse,i. WIN new low pices not
rsrEa1k purchasers to anv
are extent. hence the mills
rartall0er1lE forced 10 further
mai s.',IiN although wholesale ana
"a -, 'o.hs are considered low print
ra'a's 's''!es are wanted. Printed eeo
wen ~ the better grades ha-o soia
srec,s anu Printed PerstA.. ana hlort,
have ~ aark shades FOR fan deliverS,
ham. zen selling well. Dress eins.
lnteres, proving good sellers mnsb
sne 49, 's-ug taken in now desi-ns ia
cotton ~. fancy cottons. A do.nes,fc
yarns W.. o'e. IN which double ana wis,
attracts, used 90 prevent Slipping a.
irond ~ Considerable attention IN.
hr no, costumes is toward the Aorne.
.hesr. '1 ,o. can b. best Accomplished Win
Nd materials. Solid colors IN MI.
i,ady.I gHsees are holding we'll the In. Inn
lrssr. continues There are no 80, ~
'learei On, '.ss. and stocks are be nR
luick csii Ns az markdowns. There is n
'lso sbsr Nan ,9I popular styles in foularas
lgs d.s"uss, and fancy silks ~ 80