The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-03-26
FUTURE LOOKS
VERY BRIGHT
Interest Rates Are Low and La
Dor Conditions Are Regarded
as Satisfactory.
LARGE RESERVES OF
PRODUCTS OF THE FARM
Jobbing and Wholesale Trade
Good and Crop Prospects
Are Favorable.
BY Leased Wire to The Tribune.

oS Leased wire 10 The Tribune.
NEW YORK. March 25-While the
stock market and trade In general was
not as active during the week as the
season OF the year would demand for an
active year In business. there are many
factors that consplrc 10 make the fi-
ture very bright. Among these might
be mentioned 'low interest rate eight
months trade balance of s4lS.000. 600,
low supplies of merchandise. liqudated
condition of the stock market, more sat
isfactory condition Of labor: large re-
serves OF farm products. and blc
crop promises. The jobbing and whole
sale trade has been good and the re-
tail trade has been that OF a prosperous
season In general way ii may be
said that the right OF way must be given
to the favorable clements In the situa-
ton because they represent gradual i'm
prnVement In each instance over con-
ydition that was very much the reverse
one and two years ago.
difference In the kind Of borrowers
undoubtedly makes AN important differ
ence In the position OF stocks, but there
Is no way Of knowing II as large a pro-
portion Of stocks as was ever carried on
borrowed money is not lodged at the
present time: Neither is II at all sure
that the stock ma rkct has been definitely
dragging along bottom values. for the
present holdings of stocks. no matter
by whom held is at level far above the
different bottoms Of the last decade, Re-
tive prices. the stock market decline
ended last year jus, above half way be-
tween inc extreme Hlgn and low points
reached in tho various ma jor swings Of
the last len years. The important bull
movements of 1901 1902. or 1901 and
OF l90S-1o09 were all made from start
ing points much the same in each of the
three ycars-I900. l903 and 1907.
Cutting of prices on cotton goods has
become more general. but these have not
led 10 any great activity and buying
continues on the same cautious lines as
heretofore. The, fact of the matter Is
that the textile industry, or al least
the cotton branch Of il. Is In poor shape
This is reflected In the action Of certain
New England mills in selling their high
priced cotton instead Of converting II
into fabrics AT the going prices, Addi
tiona evidence Of tho unfavoraho sltua-
tion In New England is found In the fact
that corporations there have begun TO
pass or reduce dividends. after n con-
tInued policy of sustaining them during
the last previous depression. The re-
tail trade OF the country shows some
improvement In particular sections and
special lines. but automatic conditions
have been against ANYTHING Ike the GUS
tomary activity at this season. Com
plants about the condition OF winter
wheat in some parts Of Kansas and
Oklahoma have been heard and dr. con
dtions In the northwest wore regarded
With some apprehension until rain finally
fell.
The crop situation in Texas was fine
and in the southern Atlantic states the
outlook for big planting Of crops gen
orally Is highly favorable all Of which is
helping sentiment and trade conditions in
the south.