Show I THE COMMERCIAL SITUATION l i The cold weather I of the past week has been good for business it allowed the merchants to dispose of their Intel In-tel stocks whtlt was left of them In Utah trade has been brisk and the outlook out-look for the ensuing season IB excellent The commercial reports for the country show that business keeps up to Its high standard Dun reports vigorous vitality In trade notwithstanding inadequate transportation transpor-tation facilities The effort to reduce the transportation congestion at a fow points but served to intensify the blockade block-ade elsewhere and this has now affected af-fected ocean traffic also There Is a notable activity In the building trade Retail dealings are fully sustained but distribution is hampered Wholesale and Jobbing trade Is steadily improving improv-ing though deliveries cannot be guaranteed guar-anteed Foreign commerce Is keeping pace with domestic trade Hallway earnings dining Jajiuary were 08 percent per-cent larger than last year and 177 percent per-cent In excess of 1891 I might have been expected that conditions would have called for a material advance in the cost of living but Duns index num her of prices proportioned to consumption consump-tion showed an advance of only one ton half of 1 per cent Iron and sled Industrial In-dustrial conditions remain in the condition l condi-tion of activity previously reported Failures for the week were 2fi9 against 203 last week 2C5 the preceding week I and 261 the I corresponding week lant year a remarkably equal number IJradstreet reports that unfavorable weather retarded hut did not arrest trade anti Industrial developments which continue In exceptionally full volume Spring trade Is earlier and of larger volume than In any previous I year and steady prices show present and expected stability The current reports from the dry goods trade arc among tho most cheerful ever recorded at this season of the year Iron and steel arc active lumber production and demand are active hardware Is In heavy demand The railroad facilities continue Inadequate and notice that only perishable and quickmoving1 merchandise mer-chandise I could be freighted shows the congestion The fuel situation Is not much better owing to the car congestion conges-tion but thin mid weather brought Improvement Im-provement in the coal sItuation Bush ness failures numbered 208 for the week compared with 220 last week 237 In the same week last year and 2150 In IS91 The bunk clearances show a considerable consid-erable gain 75 In New York city and 72 in the cities outside of New York an aggregate Increase for all ot 7 4 percent per-cent Salt Luke City 1 again In the wrong column with L decrease of 17 PCI cent though there is no apparent reason for It In tim business ulluatlon The Now York bank statement yesterday yes-terday shown an Increase of upwards of 0000000 In locum which lias broadened broad-ened speculation because of the roWIng roW-ing abundance of loanable funds Deposits 10Ioa11 posits inqruaaud over 8000000 and the reserve required has Increased over 2000000 On the other hand the reserve have decreased over 7OQOOQO and the surplua las decreased over 59000000 principally on account of money loaned There Is no decrease in the great business busi-ness prosperity of the country nor in the financial and industrial outlook for the year |