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Show BUSINESS AND TRADE. During the woek just past tho Comptroller Comp-troller of the Currency has called upon the National Banks everywhere for ro-ports ro-ports of their condition at tho close of business on Scptomber 1st. The banks of Utah aro making an excellent showing, show-ing, indicating strength and abundance of resources, with tho reserve kept well with tho requirements. un Wednesday the Board of Public Works awarded contracts to Mr. Dale L. Pitt on his bids for six minor sower extensions. The work will cost in tho vicinity of $7000. At tho Council session on- Thursday evening, tho proposition was reported from the Avater works committee to put in a high-lino water pipe on the north bench east of City Creek canyon. This is part of tho water system provided for in the issue of bonds authorized by voto of the taxpayers of tho city, and there does not seem to bo any reasonable rea-sonable ground for opposing the plan. It will probably be agreed to at the Council session tomorrow evening. Building work throughout the city-is city-is being pushed with greater activity than ever, in order to secure completion of work before the unfavorable weather sots in. There i3 also a better condi tion with respoct to obtaining funds to prosecute this work from tho banks, so that wo may expect a glorious Gnish for tho yonr's building operations. Conditions have improved in tho real estato market, prospective investors are making more frequent inquiries, and a number of important propositions are under way. Tho general business of the city is strong and active, trado showing a revival re-vival of strength in view of the certain activities which the change of weather unuj; uu. The most encouraging development of .tho week in mining circles has been the number of mining companies completing com-pleting tlnancial arrangements to rcsumo operations, prominent among tho number num-ber being tho Yosomito Mines Company of Bingham, at ono time a producor of rich load ores, but now with coppor resources in shape for extraction at depth, and the King William Company of Tintic. Tho several mining deals being heard of involving cither a chango of ownership or tho raising of funds for development, would indicate an easing up in the tight financial situation. sit-uation. Eastern stock markots have been governed gov-erned by Western conditions for some timo past, but especially during tho week just closed. Tho tour of Ex-Prcsidont Ex-Prcsidont Roosevelt has been watched' closely by market authorities, and Wall Street ovidently was anxious to discourage dis-courage what littlo public particioation thorc was in the markots by seeming to fear the effects of the .Western speech-making journey. Uniformly good reports aro received in regard to tho copper situation. The programme of copper curtailment is being be-ing adhered to faithfully in the Michigan, Mich-igan, Montana, and Utah camps, and the exports of the metal will show a good increaso during August over July. No largo sales of copper have been reported re-ported for over two weeks, but tho demand de-mand is steady, and not of a naturo to give undue emphasis to the price. Lako coppor is held firmly at 13 cents, and electrolytic has not exceeded 12 cents per pound on the present upward movement. move-ment. A renewed demand for spelter is roportcd, and stocks aro said to be well distributed. withv no troublesome surplus on hand. This is expected at least to maintain steady spoltor quotations, quota-tions, with a possibility of nn advance in price. Mine conditions throughout the State aro highly satisfactory, but the unfavorable unfa-vorable financial situation has prevented the development of many prospects which failed to accumulate a sufficient working fund when times woro easier. In tho railroad situation tho Western Pacific has the lead for tho week in its now opening, and the pressure of travel requires the putting on of an additional train. This pressure was responded to, bo that we have now a full trnin service serv-ice on thnt new lino. The improvements of tho Oregon Short Line system in Idaho have been marked, and the projected Improvements for next yenr are on nn oven moro extensive basis. Tho high line track of the Salt Lako Routo down the Meadow Valley Wash is being put in with such energy as to insuro safety and guard fully against any risk of washout, no mattor how much rain there may be. The crops of tho Stato havo turned out exceedingly well. The grain yield has boon oven moro abundant than was expected. The farmers are getting good prices for their products, and tho live stock men for thoir meat. The wool mon havo mostly sold their wool, and though prices woro depressed by tho manufacturers' combine, tho returns have been fair though in many enses somowhat disappointing. . The general result will be to distribute Inrge amounts of money throughout tho Stato, and put the farmers in bottor financial condition than over before. Throughout the country thoro is a mnnifest disposition to slow up, this boing gauged by the decrease in bank clearances, especially in New York, whoro that doerease as compared with tho corresponding weeks of 1909 hag been marked for somo timo past in tho bank schedules. ' Good reports come to tho jobbing centers cen-ters from Western cities and there is a fair movement of staples to tho Mississippi Missis-sippi Vnlley region in response to tho grain and cotton shipments Tho movement move-ment of grain is said to be unexampled unexam-pled at this season of the year. A quiet consorvativeness prevails in most departments of trade and industry, and the general confidouco of oxtonded activity in fall trndo is everywhere prevalent. Already, marked improvements improve-ments in coal and steel and in the do-rnand do-rnand for pig iron aro noted features by tho commercial agencies. A striking ovent of tho week was the advanco in August cotton to twenty cents, the highest prico in many years. Still, crop advices put tho cotton condi; tion on a better ratio than it was last yoar, with larger acreage Railroad earnings in Ihroo weeks of August showed a gross increase of G.l per cent., as compared with last year. The prevalent tono throughout the stock market, and in general activities everywhere, was that speculation must be kept down, and business hold to cautious, cau-tious, conservative lines. On tho whole, tho year's operations promise good sue cess, and there is an abundance of money for all legitimate purposes. |