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Show Local Securities Iif his regular weekly financial review, John C. Cutler, Jr., haa tho following to say regarding market conditions generally: gen-erally: "In a great, growing country Uko ours there are always Irregularities and uncertainties, un-certainties, and history shows that business busi-ness usually adjusts Itself to them. So far this year tho people havo been ho extravagant that the Imports have been In excess of the exports. "There Is conflict of opinion ovor tho situation created by tho railroad rate settlement, set-tlement, but sentiment, as a rule, Is optimistic. op-timistic. "The government crop reports for the week show that the area sown to spring wheat Is about 10,742,000 acres, or 1,340,-000 1,340,-000 acres more than sown last year. The areas sown to rye. oats and barley aro also larger than In 1909. so that a favorable fa-vorable view, -has been taken of these crop reports. "Commodity prices havo declined somewhat some-what with Improved crop conditions, but If bumper cropa are obtained prosperous conditions will continue. "The Bank of 'England lowered Its discount dis-count rate from 3i to 3 per cent, and money Is easlor at eastern markets. "In Utah we aro more or less freo from tho unrest notlccablo throughout the cast. The people generally are Industrious In-dustrious and contented with their lot in building up tho different communities. communi-ties. "Although there has been a lack of rain and many dry farms have suffered, the rich soli of the valleys of our slate, planted with seeds and Irrigated by the pure, sparkling water from tho snows stored In the surrounding hills and mountains, moun-tains, produces splendid crops of wheat and other grain, and loads tho orchards with flno fruit. "The Zlon's Savings bank pays S per cent dividend tho 20th and tho Utah-Idaho Utah-Idaho Sugar company pays 18 per cent dividend June 30. Other Institutions pay dividends In July. Business Is rather quiet and money Is In fair demand. The changes in trade show some improvement improve-ment "Local securities have displayed moderate mod-erate activity In the week." Local Securities. Amalgamated Sugar Co., prcf....$ 08.50 do common 105.00 Barnes Banking Co., Kaysvlllo... . 145.00 Con. Wagon & Machine Co 120.50 Con. Life Ins. & Inv. Co 01.00 Continental National bank 140.00 Deseret National bank 209.00 .Dcserot Savings bank S45.00 Davis Co. bank, Farmlngton 150.00 First National bank, Ogden 330.00 First National bank. Murray 140.00 First National bank. Logan 125.00 Home Fire Insuranco Co 210.00 H. J. Grant & Co 130.00 Lowlston Sugar company 19.80 Merchants' bank 106.00 National Bank of tho Republic 1S7.50 Nephl National bank 120.00 Ogden Savings bank 285.00 Plngrco National bank. Ogden ... 250 00 Provo Com. & Savings bank 185.00 Rocky Mt. Bell Tel. Co 50.00 Salt Lake Security & Trust Co... 117.00 State Bank of Utah 237.50 State Bank of Brlgham City 160.00 Thatcher Bros. Banking Co., Log., 158.00 Utah Bnk'g Co.. Lehl & A. Fork.. 140.00 Utah-Idaho Sugar Co S.65 Utah National bank 141.00 Utah Savings &. Trust Co . 112.50 Utah Implement-Vehicle Co....... 100.00 Walker Bros., bankers 250.00 Zlon's Savings Bank & Tr. Co.... 652.00 Z. C. M. I. 212.00 Z. C. Home Bldg. & P.. E. Co. pref. 1.00 do common 1.00 Bonds. Con. Ry. & Power Co. (city) 07 Sumptcr Valley Railroad 99 Utah Light & Ry Co. (city) 87 Utah County Light and Power Co... 100 Tho Utah Sugar Co 1021 Bradstreet's Eeview. NEW YORK, June 10. Bradstreet's tomorrow to-morrow will say; "Unseasonably cool weather still arrests ar-rests retail trade and retards crop progress prog-ress In the northern half of tho country coun-try and trade 1b quiet Jn the southern districts, though cereal and fruit crop3 there are making progress. "Jobbing trade reports reflect quiet in consumptive demand, and a moderate reorder re-order business which Is frequently classod as varied, but small In tho aggregate. ag-gregate. "Trade as a whole still hesitates pending pend-ing a clearer view of crop and price outcome. out-come. Industrial reports point to considerable con-siderable curtailment of output proceeding proceed-ing from uncertainty as to tho latter. "The temporary settlement of railway rate troubles and tho postponement of advances In this Item of cost of business operation have given a brlghlor lingo to feeling In some basic Industries. Tho week's prlco movement Is toward a slightly higher range, reflecting largely crop uncertainty as regards the coreals and bullish operations in tho remaining old crop months, but the monthly returns re-turns of price movement point to a continuance con-tinuance of the readjustment of commodity com-modity values on a lower level, where high cost will not, a3 In the past, automatically auto-matically check consumption. "Future trade in cotton goods Is backward, back-ward, with operations cautious. Curtailment Cur-tailment of operations Is still In advance, some estimates of the reduced volume being In the neighborhood of 30 per cent. In woolen goods, trade is also backward, back-ward, and there Is some Idle machinery. Sole leather is steady, but on local and export account. Upper leather Is quiet and tanners are reported curtailing operations. op-erations. Bad weather restricts trade in shoes. "Pig Iron is more active, but prices are weaker. Business failures In the United States for the week ending June 0. were ISO. against 160 last week. 107 In the same week of 1000, 253 In 100S. 161 in 1907 and 170 in 190G. "Business failures in Canada for the week wore 3G. against IS for last woek and 20 for the like week of 1000. "Wheat, including flour, exports from the United States and Canada for the week ending June 0, aggregated 1.700.-0no 1.700.-0no bushels, against 2.070.663 last week and l.Sn7JSl this week last year. "Corn exports for the wecek are 239.G39 fS1".551 -3S'""10 last week and 14,311 In 1009. Commercial Statistics. WASHINGTON. Juno 10. International commerce, according to statistics secured se-cured by tho department of commerce and labor, showed a marked Improvement In al the principal countries of the world for the year ending in April, 1010. A report of the bureau Just iEsued stated-. "International trade, as Is well known, roll orf In tho period following tho financial finan-cial depression of 1907-S, and. as a consequence, tho import and export figures fig-ures of nearly all countries were smaller in 100S than In the Immediately preceding preced-ing years. The Ineroase shown bv the figures of tho current year Is therefore In most enses moro dlstlnctlv a. return to normal conditions than un'aetual advance ad-vance over those which existed prior to the financial depression of 1007-08. "In many cases, however, the flgurca of the current year are materlallv larger than ever before, and it Is probable that the total of International trado In the calendar year 1010 will aurpnss that of any former year." In the United States exports during the ten months of the current fiscal vear averaged 145 S million dollars per month against 140.3 millions per month lust year and 161 millions per month two years ago. Imports for the same period averaged 131. S millions per month an against 107.1 lust year. 101.S two years ago and 110.5 three years ago. |