Salt Lake Tribune | 1919-05-27 | Page 5 | Business and Crop Conditions are Good

BUSINESS 10 CROP COIWIGOOE Twelfth Federal Reserve District Report Gives Exhaustive Facts. A rapid advance in the growth of alfalff and clever crops tn Utah and Nevadi during the la.st month is noted tn tin latest report issued for the twelfth fed eral reserve hank district, covering gen eral business and agricultural conditions Although agricultural prospects durinf the past month have suffered from a lal of moisture, throughout the district, as f whole, winter and spring wheat, baney oats and rye Have mtde satisfactory ad vancement and are in good condition. Bain has Veen noedtd in practically al sections, particularly in the southern part of Utah and California, but tnere Is : good supply of water In all irrigated uis tricts. On the ranges there Is ample feei in practlcallv nil sections, except In part of Nevada. Idaho and Cre-gon. Livestocl generally I? in good condition. Prelim lnarj" reports from the principa centers Indicate that the number of lamb and calves for the season will oe from 1 to 20 per cent greater than last year Shearing is nearly computed in Utah am Nevada!" Labor, the report says, is now alrnos fully employed in alt sections of the dis trict except Utah, and tlure is ;.n increas. In shcrtase of farm Inborrs and sUUie mechanics In the shipyards. The numlip of unemployed In Utah is 5000, practical!; th same as last month. Building construction in this ri if trie (-onrlnnes to show Im-rcnsod activity. Per mits aggregating ?S. 150. 041 were issued ii nineteen principal cittes durlnj? April, ai IncTcnse of 31.3 per cent over March, am of 47.3 per cent over April. 191S. Commrcinl f:illurs in the ?ven state of this district during April numbered 1.1 or S1.6S pt cent, less thrn those reportei in April. nrd total liabilities amount ed to 27. S7.". or 90.1 per cent less than j vear nfo. Interest rnres enntimjr firm and sta tionary, the customary rv.tes in inuustria c e r. t e r's r ar. gi n g f ro m 5 ' j per ce 1 1 1 to per cnt. In the agricultural centers 5 is 7 per cent.