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Show I Flllfll SITUATION IS MUCH IMPROVED H Bank Clearings Show Up Well and Money Is Gelling Easier. TVnt tho past week marked a slicnt "but healthy improvement alon .sonoral' H linns in the local financial situation seems to bo the opinion of bankers awl business men of the city. Tho demand for money was strong- than usual, ana whilo rumors worn current that it was 'too scarce, the. banks, for the most part. show that there was plenty on hana. easily obtainable upon legitimate se- H curitics. Tho hick percentage ot scour- H ily required in commercial stoccs chanped little, while strong securities in the shape of real estate or livestock K chattel mortgages brought down the usual ratio of loan-money. Outside of tho city. epunlry banks H have asked for accommodations lo meet the demand from farmers for hclo in harvesting their crocs. Agriculturalists, -produco bnyers, .bankers and observing H business men who have been over the country, unanimously report that the crops between the Pacific cor5 1 and thr H Missouri river give promise of being tho heaviest on record. Tho beet, grain and potato yields will bo unusually heavy: hay seems to bo flourishing, and dry farmers of the inierraouutain region declare that their wheat crops will have a minimum ynH of twenty bushels and a maximum yield of forty 'bushels. These indications for the west have already affected the HH financial market to advantage. Condi- i tiona in tho east, whilo viewed with H somewhat of returninc optimism, are not so favorablo as "last year. Reports have beon received of the damage done H tho crops by the recent hot wave that H swept that: rart of the country. This means a falling off in the general yield H' although a chango of weather has brought about a .better feeling. Nev-H Nev-H ertheless, the west with its promise of bumper crops will be called upon large-ly large-ly ro meet the strong overflow demand prophecied. Prices will bring good re-H- turns and the money world will be great l1- benefited. This outlook loos-eued loos-eued money somewhnt during the week B and fall prospects arc viewed with fa- B The bank clearings for the week B amounted to $7,095,197.03, as compared B with $5,718,613.67 for the same week IB last year, showing a gain of $ 1.376,- 5S3.36. Ycstcrdav's clearings were $1,098,653.61, as against $S40,00.95 for B the same day last year, showing an i- B create of $205,452.(36. The gains of the B da' and the week indicate more aeliv- IBB ity in monev circles and a maintenance of the steady improvement of finance. |