The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1882-10-07
TELEGRAPHIC
The New York Markets.

New York, 6-FolloWing is the report
Of the condition of trade here for the
week ending to DAY General business
has been somewhat quieter, this week,
owing partly to the late stringency in
money ard the uneasy feeling ia the
stock market, but the money market is
now easier, and stocks are improving
somewhat. Stimulation of trade all over
the country is beginning to be felt, and
there is feeling of security all through
trade circles. In dry goods there is no
material change, but it is, If anything,
little quieter sll around There is an in
crease of orders from statesmen on the
read. In domestics, the movement
from first hands continues steady but
moderate, and jobbers seem to have de-
termined upon reduction OF stocks be-
fore going into the market again. There
is large increase in. the importation of
foreign dry goods, principally silks and
other expensive fabrics. Importers
believe in large demand
for these goods this winter. and with ap-
psrently good reasons. There is fair
distribution of wooden goods Of all kinds,
and good inquiry. The grain market
which has been dragging heavily for
some time has become. gradually frmer
and has made considerable advance, clos
ing strong with prices we'll sustained. This
applies to all descriptions: The position
Of corn is much more in favor Of buyers
than other descriptions, and there are in
dicstioDs that old corn may be consider
ably oversold. In pork there has been q
fair amount of business doing with prices
gradually improving and fluctuations be.
ing very slight. Rates are advancing in
accord with the improvement in grain.
Lard has been quite steady and with
slight advances, closing fairly strong with
q better feeling. Cotton-The weakness
Of the early part Of the week has been
recovered from. Fluctuations have not
been wide and the market closes with
considerable improvement. Petroleum.
The week has been marked by wide
and rapid fluctuations. the range of
prices being from about 95@99c for crude.
The market closes barely steady at about
CSC. In refined oil 8 moderate amount
Of business has been doing, but owing to
the position of crude the price IS nominal.
Freights-There is nothing of special in
terest to note. Grain freights are frAc-
ton weaker, but other descriptions are
at little better rates. Butter and cheese |
The situation in both is materially i'm
proved within the past week. a scarcity |
of fine grades of butter has caused an ad-
vance of 1c., fine creamery now being
saleable readily at sac. This has caused
somewhat of 6 movement in lower grades,
but the advance is not so marked IS in
high priced goods. In cheese. shippers
are operating very freely, and an sd-
vance Of 1c. has been obtained; 12Ho. is
freely given for September make. Coffee
is week s2d prices are variable. Prices
are still unsatisfactory TO importers. The
cousumptive demand is light. Tea is
without animation. The demand is mod
crate and there is no speculative activity.
Lumber. The trade is fairly active with
no material change in prices. The furni-
ture trade is dull. Boots and shoes. The
jobbieg trade has been somewhat quieter,
owing to the weather. Near by and
southern buyers are we'll represented, land
active trade is anticipated shortly.
Prices are firm. Manufacturers are
mostly on cid orders, but are expecting
demands upon them Immediately.
Leather is in fair demand in all grades.
The market generally ruled firm, end
the jobbirg trada is fairly active. Am
erican pig iron is quiet, with little or no
new business reported. Prices are firm
and deliveries on old contracts continue
large. Scotch pig iron is quiet, though
there have been some few sales at full
figures. The rail business is dull.