The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-04
WEEKLY TRADE REVIEW,
High Temperatures CurtaI Distribution
to Some Extent.

10 Some Extent.
NEW YORK, July S.-Dun's Review
Of Trade Saturday Will soy
High temperatures throughout most of
the country curtailed retail distribution
some Shat while the holiday accentuated
slightly the prevailing duIlness in most
wholesale lines, Needed rains in the
agricultural regions have improved tho
crop outlook and harvesting of winter
wheat is progressing under ideal cir
some gain In cotton, prospects, while the
government report on Thursday placed
the condition at SIS per cent against
So.4 year ago. The submission OF a
interests OF the Union Pacific and
Southern Pacific railroads was. on the
whole, a factor IN investment markets,
although renewed war In the Balkans.
this time between the allies. renders tho
European monetary situation more un-
settled.
The lul in the iron and steel trade
continues as 10 finished lines. but a
larger demand for pig iron appeared dur
Ing the week than for several months
past. Buying OF equipment by the rail-
roads has been restricted OF late. but a
fair volume OF new business is coming
forward in finished products Stocks OF
the leading, textile distributors and re-
tailers a the end OF the first haifyear r
Is being confined TO Immediate needs un-
III the tariff bill. now nearing its final
stage has been passed,
Business In leather shows an improve
ment with steadicr demand for all
grades, and footwear statesmen report
fair sized orders for immediate delivery.
although contracts for spring are below
expectations. Railroad gross earnings.
so far for June. show an increase OF rs
per cent as compared with the SAL me
month a year ago.
Total bank exchanges at 10 leading
centers during June made gain OF 0.i
per cent over the same month last year,
but loss OF o,S per cent as compared
With the corresponding month IN 1911.
| United States are $50 against 1877 the
| corresponding week last year. Failures
| In Canada number ee, against % last
| year.
| NEW YORK, July 3.--Bradstreets Re-
view OF Trade will say Saturday:
The widespread hot wave SoI,no And the ia apo ro
Stimulated retail In light summer IA
brlcs and furnishings. but made for quiet
| in most wholesale and industrial lines.
the later In most, cases arranging Tor n
rnsuIt Is a somewhat irregular week
closing a half-year, which. viii not fuI,
filling sanguine expectations. had proved
| heiter than fears, bred OF tariff revision
| and world wide light money. had lea
most observers to predict Most meas
ures of trade volume and progressis
make satisfactory eonpa N r,sTfs nofIso WIT ax
cItcment and hcsttating trade Bank
ciea rings for June and the six months
| ,berc we're fewer failures in June
than in any month for two years ps past,
and the six months agEregate is below
| th.t of 1872 although a few large fail
ures have swelled Liabilities above last
rhe really nominal features OF the
week are mainly favorable. chief OF these Csc
being the breaking OF ar extremely no,
ya,ee which destroyed life and inperiled
Srops MaHs The, the resumption Of pig iron buying
on scale not seen Tor months past
oiheit al the expnnse or prices; the lnrg-
ar s, .o,sa Of raw wool reported for ione
time tin past. likewise at low quota tions; ,hs M
| odwant OF much needed moisture In the
urn and spring wheat areas; the as
surance sur of q record winter e Wheat j. crop TOP
ano r rho unfavorable features are The
u Gorn that tho selas sSer os sua Gn
sna snu ;,iI, be heavily short Of last yenr
the shading of spring saInS Mnsat foloMlng yisd ihs
Slo" ''1 .raIns far 81, -I.ia,li $ q = sEsL