The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1915-06-11
Business and Finance

SHOWS improvement COInpanleQ by
an encouraging outlook. In the inter
mountain country conditions are inn
proved and encouraging, while in the
north central and middle west condi-
tons are good with greater prosper
ity anticipated.
To sum up the entire situation brief
ly, crop conditions as a whole might
be termed very good, while the finan-
cial situation is satisfactory. The eff
feet of the establishment of the Re-
assuring. The war has brought con-
are adverse, but has produced stimu-
estate situation is quiet, but while
loanable funds are abundant, there
exists a relatively small demand from
desirable borrowers. Manufacturing
shows mixed conditions, while retail
trade is generally quiet and reduced
Crop Conditions and Outlook.
In the southeast conditions are gen
orally good, but until recently have
been retarded by lack of rain. The
cotton acreage and fertilization is re-
duced, but with greater diversihcation.
In the southwest conditions are very
good with increased diversihcation,
satisfactory prices and fine outlook.
Conditions in the Pacific Northwest
are good with satisfactory prices and
a hopeful outlook, but present move
ment is restricted through lack of YES
sells. Prices are high and conditions
excellent in the Inter NJ ountain re-
gion and the outlook is very good,
while in the North Central and Mid
die West conditions are entirely salts
factory with increased grain acreage,
high prices and very favorable out
look
Financial Situation and Effect of the
Operation of Regional Reserve
System.
In the Southeast the financial sit
uation has improved although still
slightly below normal. while in the
Southwest the situation is favorable,
In the Pacific Northwest, it is strong
and more Eastern paper is being
bought in that section than previous
ly. In the Inter Mountain country
the situation is sound, with increas-
ing deposits, while in the North Cen
trail and Middle West conditions are
sound and improving with deposits
running very high.
The effect of the operation of the
Federal Reserve System as indicated
by the reports from the sections re-
ferred to seems to have been to pro-
mote conhdence-to be steadying and
afford better feeling of
security, and to provide a valuable
auxiliary, particularly in emergencies.
Effect of European War.
In the Southeast owing to the cot
ton situation the effect was at first
very serious but now is much less
felt, and the beneficial result of en-
forced economies has made itself APP
parent. In the Southwest confidence
was impaired and economy necessita-
ted, but the situation is now becom-
ing normal. Increased grain plices
resulted in the Northwest, but lum-
Der shipments have been greatly cur
tailed through a scarcity IF facilities
for shipping by water. In the inter
mouni4n country gram and live stock |
prices have been helped. but other
interests retarded, while in tie north |
central and middle west increased |
prices have gradually dispclled The |
original depression.
Real Estate Situation, Mortgage Mar |
ket, Rates, Etc.
In the Southeast the situation is dull |
but improving, with money plentiful |
and only fair demand. There is no |
very large volume of new building |
and rates are ranging from 5 to 8 per
cent. In the Southwest the situation |
IS fair but inactive, with a moderate |
amount of new building, oney plenti-
Jul and in fair demand with rates at |
from to 6 to 8 per cent Dull condi-
lions prevail in the Pacific North
west with new building very light, a |
normal mortgage market with ample |
funds and rates ranging from So to
per cent. In the inter-mountain sec
ion conditions are quiet but improv-
ng with some new building and |
money plentiful but in small demand,
rates being from So to per cent.
Real estate conditions in the north |
central and middle west are almost
normal, with new building quite ac-
i've. funds ample and in fair demand.
Rates are lower and range from to
per cent.
and Retail Trade Con-
ditions and Outlook.
Manufacturing in the Southeast is
generally fair an improving, but CON
litions are mixed. Enforced econo-
MES have caused dullneSs in the re-
all trade. but this condition is grad
lally improving. In the Southwest
manufacturing is slightly below nor
nal and retail trade reduced though
airly Satisfactory. In the Pacific
Northwest manufacturing is depressed
~ reason of shortage of vessels, but
is anticipated. Retail
rade is slightly below normal In the
nter-mountain country, both manu-