The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1882-07-08
The New York Markets.

New York, 7.-Following is the repor
Of the condition of trade for the Weel
ending to-day: The week has been I
broken one on account of the holiday
and business has been much retarded bv
the strikes, but the outlook is regarded
as favorable for trade, and reports re-
ceived SIS to the crop prospects on the
whole steadily grow better. The dry
goods trade especially has been restricted
By the strike Of freight handlers, which,
with Interruptions has caused the bust
ness of the week to be unusually small.
Much mo.e would have been done had
the railroads been properly equipped, TO
handle the freight offered. As it is s
large amount of trade Las been tenn
porslly driven from the marked. The
feature in the grain market was the heavy
l6c. bushel, for that month, in one day.
Later months suffered but little depres-
sion. The market has been quite steady,
with soE ething ofRn advance a. the close.
Corn has been active and strong, and has
advanced some &c. or &c. q bushel for
cash, and near by months, ard closes &
fraction off from the highest prices. Oats
have been quite irregular, but the fuctu-
alton has not been wide, and the market
closes somewhat weak at an advance of
&c. over g week ago. The lard and pork
market has been active and strong; prizes
have been steadily advancing, and The
market closes strong, with indications of
q further rise in cotton. This has been
broken from the LIST to the 9th. The
market has been active in view of sp-
parent depreciation in visible stocks.
Prices advanced some twenty-five points
and closed fairly firm. In petroleum
there has been a considerable amount Of
business done. and prices were we'll sus-
tanned until the recent flow Of oil to a con-
siderable amount from new wells served
to depress the market, and prices have
declined to fraction over SOC. Freights
have been moderately active, with
more inquiry for grain loom, and
petroleum freights are In good request,
Snd the market closes fairly firm. Raw
sugar is somewhat quiet and prices firm;
refining ~ cents. Sales have been linz
tied to the wants of refDers. In coffees
there is nothing special to note. Prices
are maintained but the future seems as
uncertain as ever. Experienced Operat-
ors anticipate lower prices. There is
moderate distributing trade. No change
to note in teas and prices are fairly main.
tanned, but the trade is largely ct the
mercy osimportaiions made by outsiders,
who force their goods on the market
and keep prices down. The market for
American pig is still Influenced by the
holiday period, and very little business |
IS transporting, but such sales as are re- |
ported are at full figures. The feeling in !
he market is strong. No transactions OF
10y moment are reported in Scotch pig |
ron or rail. The boot and shoe trade |
las been very fsir for week 60 broken |
nto as this has been. Retailers are very |
,usy and constantly in the market re-
which made up most of the |
rade of the week. Manufacturers are |
upplied with orders, and duplicate TO
asst them till the fall trade fairly COM
nences. Auction sales of boots and |
hoes have been good, and an average /
mount Of goods have been disposed OF.
rhe leather market is quiet. There Is
othing new 10 note. Prices are I'M
hanged. The arrivals of cheese in the
ast week have been very large, 75,0OO
oxes having come in two weeks, and the
market has dropped from 4 to a cent,
nd a further decline is anticipated. /
Butter mas held its own for the past
7eek, and there has been no change IN
rices, arrivals about equalling the de-
land. In lumber the prices hold steady
! a comparatively inactive market.
here seems to be no disposition TO pur-
hsse much beyond the current works,
wing to the prevailing opinion that con-
essions may yet be made before fall