The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1911-03-18
TRADE MARTS
IMPROVING
Money Getting Easier And
Manufacturers Opening

""S'ee' mas tDe following TO say
on the trade situation:
The presence OF numerous buyers
Ia the principal markets has tended
TO produce moderate degree of i'm
provement in house trade, and early
farm work is progressing under favor.
able conditions, while fall.sown grain
appears to be in good shape. Inciden.
tally the progress of the season has
impaired a little more zest to retail
trade. Yet conservatism is everywhere
visible, buyers. especially of textiles
and clothing, are purchasing cautious
ly, and mill owners are selling goods
made up from high-priced materials at
little or no profit. In a word, the fail
IRE of business in general to expand
more freely is disappointing A pol.
icy OF small-lot buying appears to be
favored by most purchasers, aud the
efforts of the larger purveycrs to
force sales meet with little response.
The coming session of Congress, at
which various tariff schedules may be
treated, together with the probabilt y
of action on the Canadian reciprocity
matter, tends to produce more or less
chariness. The lateness of Easter as
well as the poor condition of country
roads is also factor. Flour remains
dull, lumber is quiet, and though
building should pick up somewhat
from now on, the figures of permits
and estimated expenditures show that
extension work is not so active as at
this time last year. Demand for foot
wear is satisfactory enough in the
west, but in the, east 1t is backward.
Special machinery is in light request,
and there are reports of considerable
idleness at some cities, skilled mechan
les as well as common laborers being
affected. On the other hand, farm la
Dor Is in good demand, and paints,
oils, drugs, fertilizers and millinery
continue to meet with god calls. Com
modify prices still weaken, changes
which will prove beneficial to the ul-
innate consumer, but which will hard.
ly satisfy the farmer, who may become
less prone to expand acreage. Money
remains very easy, and loans on good
collateral are easily obtained. Deposits
in banks of discount are very heavy,
and Chicago reports that they are of
record proportions. But the plethora
Of idle funds simply corroborates cur
rent reports of backward or conserva,
tive trade. Collections range from
about fair to slow. Stock market op
erations are dull, and the marx OF
seems to be well-night shorn of prb-
lie interest. Security markets are
very dull, the movement of American
troop to close to tho Mexican border,
the reduction Of the dividend rate by
leading trunk line, and liquidation
of specialties by pools. all being fac
tors. Bank clearings are lighter than
last weeks and per cent. below last
years, for which the reduced volume
OF payments at New York is largely
responsible. Export trade in corn is
OF relatively good volume. but foreign
consumers continue to purchase spar
ingly of our wheat, and the latter CO.
real, considered on the basis of price.
is still out Of line with oversee mar
kets. The failure to pass the proposed
reciprocity arrangement with Canada
at the last session of the Congress
which ended March 4 gave a slight
flip to flour, but trade in that com.
modify is still considerably below an.
ticipations.