The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-05
l)SS TRADE
1907
,try's Business Activity Set
!, New Record and Outlook
still More Promising.
c0RpORATIONS ABLE
5O BORROW MONEY EASILY
iapnds Increased Though
.uutry Still Awaits Impor-
iaut Jourt Decisions.
nv PRESTON c. ADAMS.
- Wire TO The Tribune.

IrSfed wire W "a"
M YORK, Feb. 4.-The second
I, ,o the new year opens with a de-
n more optimistic feeling In bust
,os financial circles. And there's
'.son In fact, there are several OF
/, cnops have been made, gathered
ala. the farmers and the interior
.,snts and professional men depend
scon them are prosperous and happy.
have money and arc spending II.
Inevitably reacts on the big dis
.,lrr ccniers and transportation
.,n;cs and they. too. are beginning
"a a brighter View of the future.
4 foreign trade returns have had no
4 Iunusnce upon responsible bank
'Tbc December exports reached the
.rlle'ed total o! s22I. l55. 600: and
falluwlng s20T. 10g. 400 in October and
~. oaO In November. served 10 turn
|<rsss OF Imports into a balance OF
zis 10 the amount of S30l ,60i.000 for
ralendsr year. The 1910 shipments
Il slsgf. Ill 900. or less than $50, ,000.-
Nov the hish record Of 1907. while
|sste.1ic foreign trade for the twelve
|ts resrhed 50 ~, ,@l9. 900 for the first
hi cur history.
|cAmse. these returns must be con-
"a n conjuaction with cola tcral
xslsnucs. unusually early shipments
tfor q, extremely high prices were
nlaD!e for an abnormal share OF the
nsIon in exports during the final
rionlhs OF thc year. and naturally
t,~nlt- ss,,,sn Rf
danle remains 10 go forward
/ ihe tendency is now in the right
tlpn. and as Europe is taking our
'.iles there Is scant danger OF en-
Esnely heavy exports of gold DUR
te nest two months.
Waiting for Decisions.
fnsnciers are also more hopeful
'fblng the forthcoming decisions of
niersisle commerce commission and
sDp-cme Caurl. Lawyers who have
b followed events in Washington
that several signs have been dis
BE- that The reconstructed supreme
I. Is more inclined 10 bring out points
plight have favorable bearing upon
1ofenients' position than was the
61ins the original bearings.
for tho question Of railroad freight
/. Il may be stated That The grant
4 nodcrate concessions will probably
'tesred with good grace by the rail-
snd that th"Te win thereafter be
fesied strong desire 10 stimulate
urption Of business activity. cspe-
II In he meanwhile large amounts
N cani;sl havc been raised for ex-
'nS, Improvements. equipment. etc.
Many Securities Sold.
hoocgates are being opened and
Hfortes arc pouring forth by tho
rs. New haven has, without the
i5st fuss. sold $4,000. 600 short-term
J. Stlbcerd announces 2 Slg. 900. 0OD
'ns OF per cent bonds. American
lnone has disposed Of $4,000 600.
.eFe d Hudson received permission
y Si.eon,O0Q. Several minor issues
% Deh' and others OF greater
Ei ~ are known 10 he pending.
n,s. OF course. i, is the proper thing
AZ very enthusiastically about the
ol We bond market. the sober
would appear To be that the de-
heretofore has been chiefly from
~snt houses. or wholesalers. who
na'e done only q moderate busi-
fSih Hhat might be called ulti-
e'hsumers In other words, hopes
,tAceei"d actual results. But bet
fsc u believed 10 he near at hand
'nae mohev is not wanted for specu-
of strictly metcantile purposes.
coupon Clippers Are Busy.
ssIors Viii receive during the month
'sM oi S'o.ss5.S52. representing dis
u1shts IN the shape Of interest and
~, s.ls 10 De pnid out by railroads. in
Ei ana traction curnoraiions. These
? compare with SIS ans. SIS I'm Feb
year ago. This total is large.
y eo soon after the record break
'@nuualy disbursements OF S226 Ta7. =
VI the months grand total divi-
WI contribute si7.tS5.352. and in
1, mSmeutS S;S.500. 600. against s4s,-
nn1 @o,oo0,000. respectively.
n .f,a.is'enulng the fact that n num-
4 Iolporatlons Increased their rates
1900 extra dividends. the total
ns ny. are smaller. owing i'm n large
~ ~ 20 The fact that the Pittshure
A. ETC railroad declared per cent
~" ~ eA,ra % per cent a near ago.
ouly per cent Is expected this
',r.;,.1 NV bond and note Issues were
i '''' Tor the gain in interest pay
N A. pe ieared that Acting Secre-
al n.ncuiture Hays was right when
frlces to Stay Up.
l. useiess to expect that there will
|d n,,non e,urn 10 the old low stan
iaye @ rs conditions In the couu-
4 S an sns,ngcd. s,,gs When the latest sta
nj wni iiNef out by the census bu-
.ul,nr,I oe found that the value OF
s. lands has gone up. This
1 TIM dorprise 10 those who talk
Il Is Insertion sllon Of farms for the citw,
& = a tact. nevertheless ' ''''
q IN p,vLrLhans is not the right word
8 aSS,,,i Al ms Connection. for when inI
HON. themselves to these nnw i
! fcr feaS ss they must, there is no
!efiono !efio''ers {. VIII nor complain ovor ,bo
"a presiaIn me salary Of the Steel
from $iO0. 900 To- s50 oon