New-York tribune., 1912-07-15

the ground is in a good condition. and the
farmers and grain men report the plants
thrifty. We believe from the reports sent
us that. on the whole, we VIII nave an e"-
ceptionally fine crop
The Central National Bank. OF Los An
| geles: -,.u,
"Tn replv TO yours Of the 9th u!t., VIII
state in answer TO your first question tha'
business is constantly improving
"second-That other institutions IN our
line are enjoying the same betterment
"Third-owing TO the fact that Los An
ee,es has had no depression since the uou-
bles Of 1907, the constant increase IN Ous!-
rees the heavy influx OF people, increasing
the incubation, and the great business a'-
,ivitv enjoyed By US, am not N posi'ioh
70 fudge as TO the prospects OF renewed
prosperity generally. as my ooserVaI''I.s
have been purely those of our local cofu'-
ton and we have had nothing but pros
perity for some years back.
The Union National Bank houston 81.
oEirst-Our business is improving. wy
show a large increase over this time lo''
year.
Deeeond-Fronn our observation. and from
,bs published statements Of other hnanciAl
Institutions here, there has been IhaF
,,onroveroent all around. This increase IN
the banking business, however, reflects inc
growtb of our city; believe no city OF inc
so,,a s,ze is growing faster than Houston
at this tine.
.Third-It seems 10 US 10 be Ntte re-
rnarkable that all lines Of business are fooA-
ing up, Notwithstanding the pendlng sieo-
tions The lunber industry. which mas Dec"
lagging for some years, has greatly i''',
proved. and ether lines arc showing mara
inprovemont Notwithstanding the country
is tc-n, badly by reason Of the po!iticai si'u-
alton"
The First National Bank, Of GadSaeh'
Ala.
Responding 70 your letter Of recent aalo'
we are pleased TO advise that conditionSS ~ u,
| this country are vastly HhPFo'eu
| notwithstanding the fact that the inei .
chants complain less business thig yeS a.
than as compared with last year. ms .
easily accounted for, however WHe!i ,n'
wet seasons are cons!cered Ihe cropI, d1 lo,
! however. are in excellent conditlon c!1di
! and healthy. and while small, weather 'on.
ditions at this time are favoran'e 10 t"7
! proper development: ,,,. ooo.,,,t
Our business IL lIlpi ~ ,
| for this by believing that the peOPie q,
| large are more economical and are hVihs
closer than last year. -. =,
Viewing tho condition from our point e.
view, which is dependent on the manuiayt- ~
ure Of steel and iron and farming, we aLo az =
| encouraged 20 believe that we are on 'ho
| eve OF an era OF development
The Whitney Central National Bank OF
New Orleans:
Replying 10 your letter OF the Let inst
I have TO advise you that business in this
! section OF the country Is on an extremely
| sound basis and shows improvement N
| some directions, but has been adversely 81,
| fected by recent hoods Of the MISSISSIPPI
River This is being Offset by Increased e1-
port business with South ana Central Amer,
| lea, and IL Is our opinion that the genaral
business conditions Of the country VIII sno"
| a steady Improvement for some Tune 10
come. / believe that We are at the begin
ming Of a perfect period Of renewed pros
perity, provided we have sound ana sane
| legislation at Washington.
| Inherent conditions throughout tne
United States are absolutely sound and nat
ural resources are being developed along
conservative lines. If business can only be
| let alone and free Of obnoxious legislation. l
see no reason why highly prosperous con-
] dition should not result.