Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1917-12-03
BANK RESOURCES.
DES'PI1ELOANS
SHOW ADVANCE
IBy Associated Pres$l

SAN FRANCISCO. Nov. L. BANK
resources in the twelfth federal re-
serve district instead OF being ad-
versely affected by first Liberty
Loan, showed marked advance over
the corresponding period last year ac-
cording to a statement on business
condition issued here today by the
District Reserve bank. The statement
reports disturbed labor conditions but
a superb agricultural situation.
The salmon pack, reported previous
| " from other sources as generally
very light. will show an extraordinary
total although weak in spots, the re-
port says In part 1t follows:
The Second Liberty Loan has had
the center of the stage during October.
Subscriptions to the first Liberty Loan
closed June Is and the last payments
were made August Is. Consequently
| the pressure upon banks because OF
with drawaIs and borrowings occasion
ed by the first loan would appear
within this period. Some timid banks
feared great reduction of resources.
The loans, however, OF the national
banks in the eight reserve cities Of
this district, show an increase Of only
ST. 900, 900 from June 20, 1917, to
September II, 1917, while deposits in
creased So, 100000. During the year,
September ~, 1915, September II,
1917, deposits in the same banks in
1917, deposits in the same banks in
creased $S0,80O, 600 ranging from an
increase of III per cent in Los >Ange-
les to 24.2 per cent in Seattle. While
complete reports OF state banks are
not available those published indicate
a~similar trend. -
In Arizona the I. ". W. agitation
has ceased although the Miners Union
has not yet voted to return to- work
in the copper mines. The most serious
recent depreciation has been the fir
ing of grain. and feed in the San Joa.
quin valley in California.
The yield; Of grains is below normal,
except in the case of barley. The hay
crop is about normal with decreases
.in Oregon and Washington and in
screases in California, Idaho and Utah
-gI~ The October 1st Government fore
cast, gives Washington's commercial
apple crop as $4,000 barrels, an In
crease of 100000 barrels over that
of last gear The increase would
have beensgreater but. for the codlfng
moth. A large canning and evaporat-
ing establishment erected in the va
Nma district will save four to five thou
sand tons&qof windfalls and inferior
fruit: heretofore wasted, The North
western Fruit Exchange reports the
1916 apple crop in excess of $4,000
cars, compared with $500 cars in1915.
During the past three months a new
record has been established in The
shipment from California this season
OF $1,000 carloads Of deciduous fruits
and other perishabre = commodities,
The California peach crop this year
exceed that of last year by 1906, 900
bushels. A threatened box shortage
may hamper future shipments Of de.
-ciduous fruits. The California prune
crop win exceed all records. The
condition is given, as az. compared
with a six year average Tof III: The
condition Is Southern Idaho,:% how
ever, will be only about 40 per cent of
normal due largely to hot weather
early in October. - l. n...... <.". 81
The California bean crop aggregates
$4,000 bushels from SS5, 900: acres,
being twice that of 1916 from 25S, 600
acres. The value OF the lima bean
crop in Southern California is estimat:
ed at 80, 100000 that of other varities,
s4,000,000. The crop of pink beans in
the Delta region near Stockton, Cali.
fornia,. viii, be from $4,000 to 100000
sacks. soy, -.
Constantly increasing hay prices,
with alfalfa now quoted at s25 per
ton, are causing many farmers in Cen.
trail Oregon to ship their breeding
cattle to market. - i