The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1882-07-22
.TELEGRAPHIC


New York, following is report
of the condition of trade here for the
week ending to-dAJ: 1t has been good
average week in general trade, despite
the drawbacks Of strikes and otner dis
Iurbing elem ents. STEADY progress APP
pesrs 10 have been made with the lowest,
and better tone is apparent IN business
circles. The boom in The stock market is
still kept. There Are, Immense daily
transactions, and influences are 81 Work
TO secure its continuance. IL seems taV-
orable ct hsme and abroad: rorelgn
exchange has been strong and railroad,
governments and other bonds very active.
The demand for dry goods appesrs 70 De
very fair for the season. New buyers
are arriving in the market constantly 70
replace those who have left, and the pro-
gress of business 10 sAtlsfactory 70 the
trade generally. and argues we'll TOT Inc
coming fall season. In the grain market
the prlce of wheat has steadily declined
until Wednesday LAST, when, after con-
siderA bic drops the Market resumed more
strength and reaction set II, prices so-
Vancing some cents oushels ana CLOS
ing with q moderate degree OF hrmuess.
| Corn has been weak and followed some
what the course of wheat, but wlthoutas
great depression or &c considerable rese-
ton. Oats, although no doubt Anected
by the condition Of Wheat and corn, have
been very firm and the decline hss been
q comparatiVely small one. Prices gen.
orally have been we'll sustained and some
advance made, the market closing very
strong. In the provision msrket lard and
PORK have been weak and unsatisfactory,
but there have been no heavy declines or
wide fluctuations in values. There seems
to be timidity on the part OF both buyers
and sellers, as to operations, and any
moderate varistion from former prices
| leads 10 business. This also has served
| to somewhat improved the rates on Pc
troleum and other descriptions. Bust
ness in all grades Of pig iron continues
| light, the strikes keeping the market con-
sidersbly demoIslized, although the stop
mage of production naturally tends to
Keen prices firm. Dealers in msnufac-
tured iron continue to do fair business,
| and while the boom in that branch Is an
nuestionsbly over, still there is good
legitimate demand. The leather trade
remains quiet, good business only being
done on small orders. The market close.
with moderate strength st something be-
low the prices Of last week. The petro-
Ieum market has been quite steady,
with no wide fluctuations. the range
heinp about 2 cents from crude.
In freiRhts the decline of prices OF grain
has led to some business, and better
inoairy for grain room at full rates. In
boots and shoes fair buHiness is being
done, and there is quite o number Of
hovers in town, and fair seasons bus
mess is expected. Manufs ctureTs are
mostly through stock taking, and 81
work agsin receiving share OF the
orders. Hardware business Is improv-
ing and although the trade is not active,
deslerssee to think that the period o.
inactivity is passed and are looking for
ward to . good fall trade. The coffee
market is moderately active, the demand
has sprung up for diatripution, which hAG
steadied prices but large operators are
out of the market and no large trans
| actions are reported. The market fol
new sugar remains about steady and Ii
dependent upon the requirements Of re-
Ifners, whose trade has not opened yet tc
any worry great extent. Refined sugars
have been fairly active at somewhat bet
ter prices land concessions are made II
some cases to attract sales. The teS
trade is dull with some little business
doing. They are waiting for the open
| ing Of the regular season. Prices remain
about tie same. Arrivals Of cheese bav
been heavy, 80, 600 boxes having reaches
here within the psst two days. Price
have weakened for the week quarter o
q cent, and further decline is probable
entirely local. Exporters are not oper
/ ating st all. The receipts are from 9, 90
to 100000 packages week, more tina
half of it going into cold storage. 1t
thought q larger amount Of business
held here now than at any other petio
ct this time,