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Show TRADE, BUSINESS, AND FINANCE. The week has seen tho beginning of the hot, dry season; at least, that Is the Indication now, and It Is the time for 1L But the water will doubtless prove ample for all irrigation purposes, pur-poses, as the reserves have not been seriously drawn upon; tho cool weather weath-er has kept the snowbanks In the hills practically Intact. The ranges continue good,, and stock Is doing well. The wool jea,on Is over, and It has been an exceedingly good one from the flockmasters' standpoint; they exacted from the buyers the full value of Ihelr fleeces. Tho shlpmmt3 of sheep for tho stock yards are lo be unusually heavy: the sheep came through tho winter In good 'condition, and It hns been a comparatively easy matter to get them ready for the market. mar-ket. Tho mines show up constantly in splendid form; the output Is great, and Is on tho Increase; the old producers open up new ore channels from time to time, keeping up their reserves In richness and strength, ' and not only sending their streams of ore to tho smelters in full volume, but being prepared pre-pared to add to It on demand; but new mines are continually adding, to the flood of mineral wealth. New discoveries discover-ies along the line of the Salt Lake routo are of hlghv promise. The smelters aro doing well their sharo in adding to the wealth of the country. They aro enterprising, efficient, effi-cient, and conservative, doing excellent work and adding at need (or even anticipating an-ticipating that need,) to their facilities for handling and reducing tho ores brought to them for treatment. Judging Judg-ing from the reports from Tonopah and from along the line of the new road to the southwest, the need for enlargement of and added facilities for the reduction reduc-tion works of this valley will presently bo more urgent than ever. The news of .the week from the construction' con-struction' force of the Sari Pedro, Los Angeles & Salt Lake road (the Salt Lake route) wa3 very good during tho week. A number of officials of the company came thrpugh from the Los Angeles terminal, and reported everything every-thing In good shape. They drove over the route of the uncompleted line, somo hundred and forty miles, and compute that In about six months tho through trains may be expected to run between the cities. That will be more tha'n keeping Mr. Clark's promise to tho peoplo peo-plo of this city. Tho Denver road, building to this city from Denver, and which Is scheduled lo be completed two years from this sum5 mer, seems to be working steadily on-construction, on-construction, but little news comes from It. But It Is a satisfaction to know that work Is being pushed as rapidly as possible. From the Western Pacific, planned to be built from San Francl?co to this city, nothing has been heard during the week. The general business outlook throughout through-out the- State Is away above the average. aver-age. With such certainly of unusually large crops, and good ranges; with the good wool season, -and the live-stock outlook so bright; with the mines producing pro-ducing as never before, showering half a mllllonJ of cash upon the community every week; with the immediate prospect pros-pect of the completion within the year of the new railroad to the coast to San Pedro through Los Angeles, and a new and richly opening mining region, It would be slrange Indeed If tho State had any other than a highly gratifying business busi-ness outlook. In this city trade is fair, and collec-v tlons good; money is plenty, and the banks are considerate with their customers. cus-tomers. The clearances of tho w'eek, compared with those of the corresponding correspond-ing week of last year, show a falling off of 9.S per cent, but as Mr. John E. Calne, secretary of the clearing-house association associa-tion here, says, this may or may not represent the real condition of business-Trade business-Trade Is good for the season, and the collections are fair. The building season continues vigorously vigor-ously brisk, and everywhere, In all directions di-rections within the city, new houses aro going up, and tho average of these Is high in cost and in style. Every indication indica-tion is that the. building activity will continue throughout the year. In the country at large, the favorable crop returns havo helped business nnd the outlook, though general trade and Industry have been quiet. The tendency to await developments Is marked, but an excellent fall and winter business Is looked for; this from the Improved crop conditions. The adjustment of the lake strike was an especially favorable event of the week. The bank clearances showed a falling off of 24.S per cent in New York, coin-pared coin-pared with the corresponding week last year; those of the banks In other cities showed a difference of less than one per cent. The New York bank statement? Issued yesterday, showed Increases aTl along the line, the most (mportant being upward of seven millions In loans and twelve million In deposits, four million In specie, six million In reserve, and three millions each In reserve required, surplus and extra .United States deposits. de-posits. The stock market has been more animated ani-mated during the week; with considerable considera-ble trading, but tho fluctuations have been small. Tho general condition of trade has been conservative, but strong In basis and In outlook. |