The Coconino sun., 1925-10-16
BUSINESS SHOWS BIG
IMPROVEMENT In SEPT

i General improvement in business
was apparent in practically all lines
with opening of the fall season in
September. With principal industries
of the state in sound position, the
i outlook for the rest of the year is ia
| vorable.
The cotton crop has continued to
make good progress, and the govern
ment estimate of October / forecast a
production of $4,000 bales for Ari-
zona, against an estimated crop of
! $4,000 bales forecast month before.
/ Ginnings to October / were 1852
bales. Considerable interest is shown
! in winter vegetables, and early lettuce
be the largest on record, latest esti-
mates being between 5000 and 1000
acres.
! Outlook for the cattle industry still
improves, with a good demand for
feeder stock. Buyers have bco1 ac-
/ tive, and many contracts for iaI de-
livery have been reported. Feeder
prices are somewhat higher, and fat
cattle prices have been we'll maintain
/ ed. All lambs and old ewes available
/ for fall shipment have been sold, at
good prices. Range conditions are
/ generally good.
! The copper market sagged little
the end of the month, closing it at
| Ia 3-8 to 141 but the basic situation
remains favorable and an upward
trend is expected. Shipments have ex-
ceeded production production so far
this year, and stocks on hand are the
lowest since the war; Arizona's pro-
duction shows no material change,
and development work is active.
Excellent progress has been made
on the various large construction prof.
ects under way in the state. The wide
attention being given Arizona's pres
ent and future importance is illus
trated by the number of branches es-
tablished in the state in recent months
by large outside corporations. One of
the latest national concerns to come
into the Arizona field is the Shell Oil
company, which has invested $500,000
in distribution plants covering the
southern part of the state, with an
initial employment of 100 persons.
Banking transactions in principal
cities during September as reported
bore out the upward turn of business.
Eight out of ten cities showed ma
terial gains over figures for August,
and nine out of ten showed increases
over the corresponding month of last
year.
Livestock Movements Show Increase
Additional precipitation maintain
ing good range conditions, and consid-
cradle activity in contracting of range
cattle for fall shipment, were the
months principal developments in the
livestock industry. All lambs and old
ewes available for fall movement are
reported sold, at good prices, and the
fat cattle market also has been well
maintained.
Rainfall in September was general
over most of the grazing area, and
both ranges and stock are in good
condition. Outlook for the fall cattle
marketing season is improved over the
past few years, buyers being active in
all parts of the state and large num-
Der of feeder contracts reported, some
advance in prices also being shown.
Fat cattle prices have held good
level, due in larTe part to activity of
the Arizona-C California Cattlemen's
Cooperative Marketing association.
Shipments of cattle to points out
side the state for the first six months
of the year aggregated 10000 head
against $1,000 the first half of 1924,
the increase being due mainly to ship
ments to outside feeding grounds
forced by range conditions then ex-
listing.
Some sheep are now on trails south
to winter feeding grounds, and this
movement will be general in another
month. Recent rains have made good
feed on trails and desert. Lambs have
brought good prices, some outfits sell
ing eve lambs at Ii cents a pound.