OCR Text |
Show STATE OF TRADE. Dumis Mercantile Reptrt speaking of the state of trade in (jtai for the half year ending June 30,189ft says: Tlie progress noted in thi p,eodmg two report! has developed into a new 0ra,.fca,prormnes .unprecedented .unprece-dented prosperity for the conirigyear All' leading ciuei ot this section have had a nsiarkable increase in property valuations, which is Unity maintained by ft strong demand, extensive kud8 operations, and continued public improvements. crops, wilh the exception of fruits, present a teitwty ol being larger and finer than for many yc$n and tlie shipment of produce greater in consequence. The yearly wool clip, heretofore, estimated at u,ow.ooo pounds, an- the excellent condition of tae 'attle interests, vith the good prices prevailing, will pm a large taction upon firmer basis. With an tnnatl mineral production produc-tion ot io.(x,ooo. the legistaiiaifavorable. to silver and lead, is mliising new life jntQiaesc industries that will result IH benetically busMSS. Trade prospects pros-pects in eusnng lines are mag asellenl. and larce additions to the banking capital i' adinR point ts fuinisrung cheaper money 14 japroviu facttnies; the only feature subject to tfvrm criticisrn, is the tacit ai extension 01 the jobbins trade. I he local iparketssecm unable to contmi.fcith of the trade at their doors, and but liue is made in keep ing country business at horna, f"it,Ebt di-criminaUi,n is responsible for this, and lecRl j,w.-srs dependent upon railroad facilities cnrjliant aas:aiilstill; large capital that ccmld be profiuajy rp!oved in jobbing is diverted tn other locati'irs, aili the future shows but few indications of relief. |