Show BUSINESS TRADE AND FINANCE The past week has been one of considerable con-siderable activity in local business houses all arc getting ready for the oncoming holiday trade which la certain cer-tain to be heavy and many expect n recordbreaker The bank clearances of the city showed the remarkable and gratifying gain of noG per cent compared com-pared with the corresponding week last year This showing tells eloquently of the strength of trade which was actively active-ly l stimulated by the seasonable storms which mark the beginning of the winters win-ters work and also hold forth excellent excel-lent promise for t plentiful supply of Irrigation water next season During the week the Westminster Presbyterian church bought a site for a new place of worship and will build a 30000 church on It next season The contract for the new Y M C A building build-ing was let on Monday it Is to be n fine threestory structure and will cost In the vicinity of 5530000 The University Club moved Into its new quarters on Wednesday It Is a fine building on Brigham street south side a short distance dis-tance cast of the Eagle gate the buildIng build-Ing cost 500000 and Is elegantly furnished fur-nished The storms have practically ended the building season except for finishing structures that arc enclosed I his been a great year for new construction con-struction especially In dwellinghouses of which more hae been put up than in any former year In the history 1 of the city The mines continue their phenomenal output and the smelters of the valley arc taxed to their utmost capacity to keep 1 out of the way of the accumula hating piles of ole The coal mines are working at full capacity except at Sun nyslde where a dispute exists between the unionizing sentiment and the management man-agement for the settlement of which the State Board of Arbitration has tendered ten-dered its services The raise In the price of coal In this city first of fifty cents a ton and then of twentyfive cents had no Justification whatever but is Imposed by force upon an unwilling un-willing people who see no chance to help themselves The railroad situation continues bright the speedy work below Cnllen tes of closing the gap in the railroad between this city and Los Angeles Is materially accelerated by the operation of the tracklaying machine while the Moffat road and the Western Pacific continue to be favorably heard from From all parts of the country Secretary Secre-tary Shaw says the reports indicate a continuance of prosperity I is otherwise other-wise stated In the dispatches that the dominance of the International exchange ex-change situation by this country Is revealed re-vealed by the foreign trade statement stntemeJt for October which quiets the remaining remain-ing apprehension over the money prospects pros-pects but large additional bond Issues by the railroads and symptoms of continued con-tinued contracton in trade partly offset off-set the Improved financial situation The October exports amounted to 160370059 which Is the greatest figure ever shown in a single month with the sole exception of Otcober 1899 I was an increase of 50000000 over September Septem-ber and 570000000 over August The months Imports wore valued at S1 nu003 showing an excess of 78439054 in exports over the imports which again Is the greatest excess ever shown In a single month with the exception of the same month four years ago Bradstreet reports that colder weather weath-er has greatly stimulated retail trade and quickened Jobbing demand in seasonable sea-sonable lines In some places the holi day orders exceed those of last year and good agricultural conditions enable en-able obligations to he met more promptly prompt-ly l On the other hand labor troubles the closing of iron and steel mills and hesitancy in buying are Indications of slowing down Not much Is doing In wool Business failures are under the average Dun reports labor organizations accepting ac-cepting reductions In wages without controversy orders more numerous In several branches of business but little expectation of liberal buying in steel till next year Construction Is decreasing decreas-ing and mild weather checks distribution distribu-tion of merchandise Traffic congestion conges-tion Is not much complained of railway earnings show a gain of fii per cent over last year which testifies to increased in-creased facilities Bank clearances for the week compared com-pared with the same week last year show a decrease of 317 per cent In New York and of 23 pet cent In the cities outside l of New York l loss for all oC 114 per cent The New York bank statement yesterday showed considerable considera-ble decreases In loans deposits reserve re-serve specie and surplus and was considered con-sidered distinctly unfavorable by the street The country on the whole Is decidedly decided-ly healthy and strong In Us trade and financial circumstances but New York manages by unscruplous manipulation manipula-tion and wild speculation to keep constantly con-stantly In hot watcr |