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Show NEW YORK BANKS 1 FULLJPMONEY 1 Sixty Millions of Dollars Are KB Tied Up in Vault of One H Institution. wm CALL MONEY IS NOW II A DRUG ON THE MARKET 1 H Banking; Circles Confident That BE There Will Be No Money B Pinch This Summer. ttl BY PEESTON O. ADAMS. IE By Leased Wiro to The Tribune. Ill NEW YORK. Aug. IS. The New York Bfi banks aro still accumulating money to HK meet the great demand which is bound to begin next month, when tho crops be- wm&L' gin to move in earnest. One bank alone 111 t has between 560.000.000 and 570,000,000 in HI? its vaults and all the big banking Inntl tutlons are more strongly Intrenched with Hr cash than they havo been for a long time. As a result of the situation call money WW? Is a drug on the markot. Time loans. however, aro not sought, and tho rate is stilly maintained. In banking circles It WMK Is not believed there Is much chanco for Bn a money pinch this fall. H?f Shipments of California Products. iwlfr1 From statistics Issued by the Southern H Pacific It apoars that shipments of Call- JH't.. fornla products to tho east between No- Z'-vembcr Z'-vembcr 1 and August 1 reaenca a total of 2S.000 carloads, representing 517.000.000 'SI? Income to the shippers and 616.000.000 '' pounds of freight for the road. The ship- H-k ments of greon or deciduous fruits H' amount to 4700 cars, against 3400 cars H In the same period last season, shippers H ;x receiving so far some 52,400.000. This Is the best green fruit season the growers mi' havo had, and shipments Tor tho year H.9 arc expected to amount to 14,000 cars, Hp with a total value of 510,000,000. ! From the Colorado desert country 1900 Hk cars of cantaloupes have been sent out, HE against 1400 last year, bringing the grow- crs 51,000,000. The California vegetable shipments aro Hti constantly Increasing, amounting so far HsS this season to 3600 cars, and will soon give the railroad 10.000 cars annually. H urangos now proviue aoout js.uuu cars mfft of freight a year and lemons 5000 cars mm more. The crops on tho coast this year S have bo en unusually largo, and tho con- IS sumption eastward has been neavy. The fa partial failure of the crops In the mid- Wm dlo west has created an extra demand M from -that quarter. California has had mm more competition than ever this year la from eastern peach growers, as on ac- :I9 count of laying out of new orchards In mm Delawaro and Marylnnd the crops In WM those states have been bigger and tho IM quality bf fruit has been and Is better KH than for a number of ycaTs past. -MB Business in the West. (ff Alfred G. Bauer, who has just returned Ml from a four weeks' trip in which he 9S visited all of the principal distributing 9 and producing points In tho wost. says U that business conditions in that part of SB the countrv are excellent. Thero is an Bja optimistic feeling in all departments of the grocery trade which finds expression ; In a stendy buying movement In all staple '.mm lines. Crop conditions, however, aro not ilQ all that can be wished, and. according to JIN Mr. Bauer's observations, thero 13 bound iwS to be a shortage of supplies In a number iW of Important canned goodH staples. "Dur- H Ing my four weeks' trip throughout tho (B middle west." ho said, "I was much In- in lercstcd to learn of the vast Improvement in business, and tho jobbers In that sec- , 'H tlon did not know what the word 'panic meant. I found on this recent trip that ira every Interior Jobber had all tho business ho could tako care of." J Short Line Improvements. tj From statements mado In Wall street ; 11 yesterday. It appears that improvements ; 1 1 under way by the Oregon Short Line sys- 1 E tern in Oregon and in that section, and 1 which aro expected to bo completed this s I voar. Involve a total cxpendlturo of about 1 $25,000,000, It Is said that tho largest expenditure, arnountlng to .59.830,000. is I for the extension from Natron to Kla- j math Falls, a distance of 191 miles. This ? Is known as the Oregon Eastern railroad. Next in importance Is tho construction of V: 133 miles of road from' the mouth of the t Deschutes river to Redmond. In Cook T county. This will represent an outlay of t 55,230.000. Construction work and Im- 1 s provements by tho Pacific Railroad sa Navigation company from Hlllsnoro to Tillamook, about ninety miles, will call for 53.SO0.00O, while tho erection of the : stoel bridge at Portland will cost 51.640.- , s 000. The Beavcrton-WIIsburg cut-off. In- ' f:, eluding the construction of a steel brldgo ; : '6; over tho 'Willamette river at Oswego, will 1 , . 1 call for 51.200.000, Other projects aro I (,- also under way. . Big Order for Selectors. I An order for 6000 selectors, the largest : : over given, has been placed by the Santa : , M Fe. Tho selector Is n device for ringing singly any ono of the stations along tho ' i lino that is connected with tho office of . tho chief train dispatcher by telephone. , - The Santa Fc claims to now havo tho ;,p largest mileage operated by telophono. When construction now under way Is tin- fj. ished. 7000 miles of tho company's lines u will be equipped. Cm John D. Ryan fulllllod expectations by t heralding his arrival from Europe with (K an optimistic Interview on copper. Her ( H are extracts: "I found that copper con- n sumption In Germany was going on at a , W tremendous rate, and on an cvor-ln- ( m creasing scalo. Consumption In France, j m Italv. and England is also showing a M steady expansion. While abroad I bad . . conferences with the largest producers M and consumers of copper in England. 1 ?1 Germany and Franco, and tho general 1 opinion expressed at these meo tings was il that production was In excess of con- fj sumption, although consumption In now 1 on an unprecedented scale. Personally. ,v I think an improvement In tho metal j situation will bo shown from now on. i Heavy Loesos by Fire. ; V Th losses by flro In tho United States 1 ?? and Canada during tho month of July . I j, aggrocato the unusually large sum of f . f- 526.S47.000. which Is over 511,000,000 moro . fi than was charged against the samo month last year, when tho rocord i showed a total of 515.S30.900. A very considerable portion of this Increase Is due to the serious lumbar yard, lumber mills and timber land fires In tho north- j western states and Canada, which ng- . gregatod closo to 56,000.000 In losses, and , to tho conllugratlon at Campbollton. N. . . B.. where a loss of 53.500.000 was In- ,j currcd. The lire Iobsos slnco January 1, : 1910. now reach 5126. 07G. 000. as com- .'fl pared with $119,633,900 for' the tlrst f soven months of 1909. nnd 5H0.S20.000 3 for the like period of 190S. During July ; 'J this year there wore no less than 277 t . Tiros, which caused a loss oi iv.uuu ur ovor In each Instance. ,. ) The announcement of Edward T. Jef- ' fcrv. president of tho Western Pacific , ralfwav, that his company had mado nn alliance with tho Toyo Klson Kalsha ;v, (Orloutnl Steamship cbmpany) for ex- ; $ change traffic at Son Francisco canal. . jKw caused little surprise. Notlco of the . abrogation of tho .agreement bctwoon tho Toyo KJeen Kalsha and tho Southom Paclflo wob given somn weeks aco, but j ;jafl tho now arrangement, with thw Western j Vm Pacific will not go Into -effect until about ' ;JiR tho first of tho year. It is understood ,1 t that the "Western Pacific Is In a posl- 5 tlon to render hotter service to tho Toyo : ii ICison Kalsha thun the Southern Pacific. U |