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Show FlittCIAL CIRCLES 1 C'OODJONOITION Money Is Said to Be Moving Freely in Nearly All Channels. RATES ABOUT THE SAME Early Marketing- of Grain in the East Helps the Situation. The feature of tho past week in local financial circles wan. the froeness with which monoy moved in nearly all chan-nols. chan-nols. Increased demand for funds with which to fimineo A'arious improvement projects, both large and small, within and without the city, tfave nn impetus to the loan market and circulation channels. Reclamation projects and hydro-electric development plaoB claimed considerable attention of local banks, especially tho purchase of tho Knight Consolidated Power company and tho Rloctric. company of Provo by tho Ttah Power company, representing Xow York and Maino inforcstK, which comprehend bringing a majority of hydro-electric projects in this suction un-. dor one control. Money Is Plentiful. According to report tho bnuks havo a healthy supply of money with which to meet tho requirements of nil logitimato projects and improvement plans. Interest, Inter-est, rates remained the same, generally, although thero was a tendoncy to decline de-cline in somo special instances. Fruit has not .yielded the ruturns expected ex-pected of it, because prices havo boon comparatively low, and because, of tho action of tho elements. Whilo the quantity of yield has been cut down, reports froni over the intermountain country indicate thit tho aggregato harvest of agricultural and horticultural horticul-tural products will insure valuable returns re-turns to Utah farmers and fruit growers. grow-ers. Clearing's Are Normal. Tho bank clearings continue normal, j ycPtorday'a figures being $l,l3S,b"40.46, while the clearings for tho week amounted to $13,835,1 70.SJ . From the east comes tho report that receipts from early markoting of grain are more than double thoso of a yoar ago. This, it in declared, will rclcaso a great amount of mouo3', a.ud at tho samo timo brighten considerably rotail trado throughout tho country. This activity ac-tivity also will bo rellected in n further revival of industry and also in railroad rail-road traffic. The railroads havo beon taxed to their capacity in handling freight, aud gross earnings aro consequently conse-quently showing handsome gains. |