| Show BUSINESS AND INDUSTRY The excellent outlook In Utah for farmers miners and livestock men gives vitality to all forms of business Grain promises a recordbreaking crop the mines are producT more than over and more profitably cattlemen are obtaining good prices and wool is away up This city is in excellent condition con-dition and realty is firm with good sales The purchase of the old Continental nenlnl corner and the old Clawson homestead are two of the Important transactions of the week These encouraging en-couraging features of the home sll uallon ore fully met und sustained by i the conditions of industry trade and financial operations throughout the country Bradlrcet reports retail trade as expanding ex-panding ivi tim some improvement In collections industries particularly in iron and steel and lumber are active the country over The spring strikes arc referred to but not treated as affecting af-fecting the general progress Pressure of foreign iron at the seaboard has caused a cut of 1 per ton In Southern foundry grades and 50 cents in other kinds of pig Anthiaclte hurts been cut as usual but is still 10 cents higher than a year ago showing that the consumer in this line has had to pay time expense of last years great strike Business failures for the week number lli ntr iln < f 17T lno vnftlr nnrl I 17rt In n v the like week last year Dun reports another week of good weather as bringing out a large volume of orders Many manufacturers receive urgent requests for Immediate shipments ship-ments Floods have caused serious losses at L few points along the Mississippi Mis-sissippi and traffic was Interrupted on railways in that vicinity but on the whole the freight situation is more satisfactory sat-isfactory than at any previous time this year Quicker transportation has relieved the fuel pressure and the Industrial I In-dustrial situation would be unprece denledly favorable were It not for the prevalence of labor disorders Railway earnings in March Increased 13 per cent over I lust years and 211 per cent as compared with IDOL During the month of March commodities as measured by Duns Index Number declined to 09 Ifi7 as compared with 101007 This decrease is only seasonable and Is about the same as occurred In the corresponding cor-responding period last year The bank clearings show l very decided de-cided gain In New York City amountIng amount-Ing lo 21C per cent In the other cities 0 the country the gain was fiC per cent the aggregate gain for all being 17C per cent Salt Lake City continues to make figures which will be a good basis for comparison next year The Xew York bank stat menl yesterday showed large reductions in the surplus reserves this bad an unfavorable effect ef-fect upon the market and n denial of the rumor of a selllument of the Southern South-ern Pacific case helped to push prices to the lowest level of the day The bank statement showed decreases all along the line with the single exception excep-tion of circulation and tho Increase in that was so sllghL as to cut no figure The great feature of Lime market con Unues to be colon In which f9rtunes arc made and lost in a day All in all the country is enjoying an Industrial I business and commercial prosperity T that as the President says was never before equaled by this or any other people I is 3 high proof of the benefits of Republican policies and care and ability In the transaction of public affairs and promotion of the general welfare I |
