The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1882-11-26
LATEST TELEGRAMN.
COMMEROIAL
MONEY MARKET

MONEY MARKET
New York, 25.-Monev closed :.
gvts, generally unchanged; stocks gener-
ally strong; Western Union 904; Quick
silver, 8; Pacific. 81; Wells, Fargo. 127;
new 1ork Central, 128; Erie, 357s;
Panama, l67; Denver s. r. i. 403; Union
racine, IU22s bonds lis; Central Paci-
tic S5h; bonds, ll41&; Sutro, Il.
PRODUCE.
Chicago, % Wheat unsettled, gener-
ally higher winter 9644, spring "a, regular
| 931s cash, year AZ bid January. Corn.
weak, unsettled, lower, 671 cash, u No
vember. Pork weak, lower, IL cash,
1919 year. Lard lower lilo cash, 1873
January.
Pittsburg 25.-This morning session of
the oil exchange was devoid of any ex-
cited features. The market opened dull,
with sales at 81, declined to 954, but re-
coVeded and closed at noon 96 bid.
FOREIGN MARKETS.
London. Is. - Four and half per
cent. bonds 1929.
Liverpool, 25.-Cotton, fair demand,
uplands 61si Orleans, 635. Sales, 10, 900
bales.
COPPER.
Baltimore, 25.-Copper quiet, III.
DIVIDENDS,
San Francisco, 25.-Bulwer declares q
dividend of 10c.
MINING SHARES.
New York, 25.-Miniug stocks fairly
active; Chrysoite declined from Is to
10 and Horn Silver from $50 to 25 !;
Leadville Con. very active, advancing
from 81 to 81; Standard sold at $50 and
Bodie 81 2.65; sales 50 225 shares; total
for tho week, 423,s23 shares total bull.
| lion receipts in New York fer the week
from the mines, 1888, $50.
TRADE REVIEW.
New 70 K, 25.-The markets have as
q general thing ruled quiet during the
past week, with nothing transpiring call
| ing for especial comment. There have,
however, been some few noteworthy ex-
ceptions, and these exceptions have been
confined to1hcse commud ties which form
the basis. Of speculation. The combina-
tions most noteworthy among these is tt g
corn market, which has been successfully
'corDered, and cash and Novembe
prices run up to enormous high figures,
| No. l corn having changed hands at
higher price than could be obtained for
No. 2; red wheat sold at Kn advance
of over twenty cents per bushel. Bulk
of new corn arriving is damp and will
not grade 2. hence the November corner,
and it is anticipated there will be cor.
ner n corn that is deliverable this year.
The market has been unsettled and
unequal with variable prices fuctuatil G
| toquite en- extent each day on some coca
sions. The lard market has likewise
been Irregular, prices having materially
declined during the first part Of the week,
| but reaching forward the latter part.
| Wheat has been neglected, corn having
attracted the attention Of grain specula-
tors, to the exclusion of most other CO NJ
modities. The wheat market has
ruled pretty firm, however, and prices
at current writing are higher than they
were during the earlier paIt of the
week.
| Among the more important fuc
tuations in prices during tbs last three
| days, is heavy decline in crude petro-
leun; the late advance 10 which seams ia
have been greater than was warranted
by the law Of demand and supply, OF
than could be sustained in the present
condition of the money market; refined
is also lower. Outside Of the few articles
specified, trade hes been moderate.
California products also quiet. Woo
Inactive; sales 5000 pounds; spring, ESQ
25 cents; hons, easier and unsettled
though it is difficult to buy strictly good
quality; new, have sold at 105@105 cash
to brewers, and in Oneida County sale
Of 500 bales of medium is reported 81
go cents for export; here exporters Offer
50 cents for good hops, without response
All the stock of the London market il
reported by cable as having been closed
out at e25@26 per cwt., with better feel
ing at the close. Hides dull and easier
Borax. mustard seed and quicksilver re
main unchanged.
|