The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1882-08-05
TELEGRAPHIC NEWS
The New York Markets.

New York, 4.-Following is the re-
port of the condition of the markets here
for the week ending to-day: General
business for the past week has bsen mod
srstely active, the number of southern
and western buyers in the market being
larger than usual at this beriod Of the
year n dry goods. Domestics are in
good demand at the prevailing low
prices, and large amounts have been
moved on account of previous orders. A
| been done, though buyers are still eau
,iouI and prudent in purchases, bat more
freedom 10 observable as the season goes
on. Large cash purchases are made
when inducements are offered. In grain,
after the rapid decline Of the latter part
of last week. prices gradually advanced
until ThurEdsy, when they reached about
the highest figures of the week for wheat,
and the market closed fraction below
the highest rates. Corn showed a
moderate decline, and recovered
without any wide fluctuations in
values, which are not materially different
from those of week ago. The July
corner in oats WAS settled up without any
material difficulty or embarrassment TO
any of the parties concerned, as far as
we have been able to discover August
deliveries opsned quite hrm. with prices
from to above those Of later months;
the later months are fraction better
than they were q week ago. Lard has
been strong and has made considerable
advance, tough closing somewhat weak,
81 prices some 35 to 80 certS above
those Of . u eek ago. Pork has shown
strength without any material advance in |
value, and the fluctuations have been
slight. There is q disposition On the part |
OF both bears and bulls in operations 10 |
.his description Of provisions, With al
bearish diAOosition in relation, 10 later |
months. The cotton market has bsen |
dull and rather unsatisfactory. The vol |
ums Of business has been cutie moderate,
and there appears TO be but few outside |
operations. There are indications OF
possible corner in August cotton, and.I
prices on this description have advanced
somewhat like twenty-five points during |
the week. Petroleum has been some
what Irregular, though fluctuations have
not been WIde. The markets have been
Influenced By reports of increased or
decreased flows OfceFtAin wells. FleighIS
have been better on account Of the lack
Of vessels. There has 5een another de-
cline within q feH days on account Of the
Increase in grain. Other descriptions
in freight ! hhVs not materially
changed. There is little change in the
situation so fer as produce 10 con-
cernsd. Receipts Of both butter
and cheese have been liberal, hut prices
are mHintAiced. In the last day or two
'here have been some scarcity il the
liner makes of creamery butter, bus Door
grades seem steady to accumulate here
Iron has been dull, but strong It
thought the strike is nearing its end,
though no sign has been given on the
part Of tn men as yet. The supply OF
American pig lead is fully eluai to the
demand. Foreign pig iron is in slight
Business in boots and cheese is fairly Ac-
md vest are already in the market
Manufacturers buy on sll goods through
he jobbinR trade as yet is light. A good
letter feeling in theIieather trade, and
rices, though the business doing is on
mall margin of profit. Il is said there is
very moderate demand for raw sugar,
1ough prices rule steady on the basis Of
re. for fair refining. Refined sugars
re quiet, with prices a shade easier.
he tea markets. outside of the auctions,
very quiet, and yesterday did not ihdi-
ate much change from the previous
cures; 4,440 chests we're cold. Brazil
rsdes OF coffee are rather more in de-
lend, at firm prices, on the basis of
&c. for fair cargoes. Mild varities are +
better demand. 2