Deseret Evening News | 1908-01-11 | Page 7 | Trade Outlook Much Brighter

TRADE OUTLOOK MUCH BRIGHTER C I Commercial Loans Being Made I WI With h Greater Freedom Than of Late MONEY MARKET IS EASIER Machinery Idle Curtailment of If Output line lias Fairly SI St iid Imd Now Nosy York Jim Juli JO H G DUll DUD t Weekly IV or ot Trade tomorrow will cay my Sentiment hits has Improved In lit response to t tho brighter outlook commercial loomis loans being made with inure muro freedom than any an recent date As All much pro projected business bu was wan only heId hoId back bacle by ty b Inability to e funds the easier market encourages that postponed contracts will no nov bo placed Tho percentage of ot hilt hn perceptibly IIO declined Iron and ond and stool steel production unit had fallen tallen very ory or low before the tho occurred output ot of pig Iron at nt ho beginning of ot this month being smaller than nt III any an anytime time in four tour years This curtailment of output has maintained prices fairly steady tho the average now being higher than on July 1 3 1906 Several con contracts contracts contracts tracts for tur structural aro arc lindor negotiation but hut most mills are aro idle pending the accumulation of oC moro more business Thus fur fill tho the lower quota lions for tor galvanized sheets and tin tinplate tinplate plate have not stimulated purchase eK Numerous railways railway are arc negotiating for tor delivery of ot rails raIL for tor tha tho year 1908 1508 and this business should bo be placed very soon Some transactions In packer brand brond branded brandim ed im hides have been mlle made at slightly higher prices than prevailed last week welk with no Improvement In imi which now hOW comprise most mom of ot the receipts Foreign hides are aro distinctly stronger stranger