The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-30
k|NESS MEN
iRE CHEERFUL
b of Cotton, Wheat, Corn
Manufactured Goods Ger
tain to Be Heavy.
MARKET DOWN
FOR SPECIAL REASONS
Prices Expected in Big
When the Clouds Are
Cleared Away.
rIre 70 The Tribune.

~ wire 70 The Tribune.
YORK. July 2s.-Another week OF
.,,oyenent hns passed. thus
the foundation previously laid
- trade conditions In the au-
<,an,nus rains have fallen In the
s1ucInr states, soaking almost
y rotton and cereal belts. bright
materially all late pasturages,
lives In the west and south to
I'll nolnt In years and aYertlne
7 --sfaned water famine In leading
|-var RESPONSE the securities mar
- have made to tho betterment
ronditjons was prevented by the
oy the Interstate commerce COM
4 M the Tong and short haur' case,
-iesment In British home politics
4 snute stage reached in the rela-
&.fwesn Germany and European
n the Moroccan question AL
{he consensus OF opinion among
.ionai bankers that the Moroccan
Eoi,ld finally be settled by COM
| Temporary war scares ensued
-Eeafly unsettled European financial
4 ana caused more or less selling
a by the foreigners on each day
|sfsrstate commerce decision had
Influence on the shares Of the
"a. Hill and Could systems, as
-6perties are expected 10 bear the
4 the loss OF approximately 5000
@ruBs earnings likely to be entalled
-educed freight schedules, a fresh
M Influence near the end OF the
10 the proposed investigation OF
nv the whole money power OF
.ncIal district under the auspices
1ouBe Of representatives
6urfeit Of Investigations.
street is being surfeited with
1lonal investigat lions. So far the
a these has been only 70 increase
a interest In stocks and intensity
|fleh feeling. All this has placed
|rket In a good technical position
1Ily when some OF tho clouds now
4 over II shall have passed away.
|urther collapse OF the cotton spec
vas an Important feature Of the
The secret Of this lies In the fact
y market continues healthy and a
progress In the reimbursement of
II connection with the liquidation
|uoditios. The favorable outlook
6rowing crop, OF course. was the
n factor In tho liquidation OF
I'VE commitments, although the
IA war scare and the drought in
ere also influences.
ants have been induced TO hold
onseQuence OF the heavy and rapid
the staples and thus the adjust
Tween raw material and fabrics
k delayed. Under the cIrcum-
Ia only natural there should be
||nerence In reconciling the dis
Views of these two interests, but
1lfon will come In time and then
[[0n mill industry will make
'|eser approach TO normal condi-
N II has for q long while.
Exports OF Wheat.
nd the decline in the grain mar
|nleh WAS temporarily checked at
4 by the political unsettlement In
and the exaggerated reports OF
by rust In the spring wheat belt,
been anything like that In cot
pas nevertheless been attended
e Interesting developments. The
portant OF these is the fact that
q OF wheat has been brought
<porters limits and larger freight
ents have been made. From
fauons the export movement for
fsnt month VIII approximate
bushels. a very large increase
year. The potential feature Of
pat The United States is likely
! some OF Its lost prestige as
'Fpducing country.
lpments OF corn are also running
OF last year.
deductions from existing cir
fes are favorable both for the
and external trade of the coun-
% the close OF 1911. In the last
W cotton exports aggregated
phles. In the present fiscal year
ezpected 10 reach or to closely
t.uoo' 600 bales. As already out
|sre is every prospect that there
material Increase I'm breadstuff.
tkne time our outgo Of manu-
FOODS is likely 10 he maintained
present nigh basis and II may
beyond that Fiuanciers. mer-
na all Identified with the lead
2uial interests Of the country
the current outlook. hence
growing cheerfulness IN prac-
airectons and not much credit
leo 10 Washington activity as
~ OF all present troubles.