The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1882-08-26
TELEGRAPHIC
The Trade Review.


port of the condition Of trade here fol
the week ending to-day. There ia a
well-marked Improvement 10 genera
business. The movement Of grkin i:
larger. There are signs or strikes com
ing to an end. AMI the news from Eu-
rope has h@d the effect Of sustaining the
prices Of We st piles. Exchanges in
New YorI State show an Increase over
the corresponding period of last year, al
though outside OF this city there still con-
tinues to be slight decrease. While the
grain market has been very Irregular
and unsettled, with frequent and rapid
fluctuations, the range has not been wide
one. Operators as a rule have been
dlslncllRed TO take hold, aud those who
are already in haste have shown some
anxiety TO get out when the market IA.
yored them, and the bulk of transactions
has been in this line OF operation. In
wheat there has been fair amount of
business doing. The indications of =
corner In Chicago have had some effect
upon this market. Deliveries of August
and October have been fAvOrites, and the
huctuation has been within the range Of
about &c. per bushel, cash. Corn b IS
been In fair request, At good prices, but
In options there has been much uncer-
talnty at present regarding the corning
crop. Oats have been the most active of
all grains, and August still maintains its
lead considerably in advance Of later
months, but IN these, with the exception
OF Septemb Der, prices have been quit
steady. In pork and provisions the mar
ket has been dull and prices quite
steady, with fluctuations within the
range Of few points, and showing at the
close n ore strength. Another dull week
10 cotton. The volume Of business has
been quite moderate, with no material
change in prices except in August deliv-
cries. which have shown some weakness,
and are approaching nearer the value of
later months. In wool there is fair
amount Of business doing. Prices are
we'll sustained, stocks are not accumu-
lsting much, and there is no disposition
on the partuf holders to shade prices for
the purpose of making trade unless the
amount is quite considerable. A fair
amount OF business is doing in petro-
leum, with fluctuations not wide, varying
according TO the reports Of the
production from the oil regions.
Freight has been dull as q rule,
and somewhat eAsier in most
descriptions. Desirable vessels for pc
troleum shipments have been in good re-
quest, and have brought 10 some instan-
ces fancy prices. The dry goods trade
continues to improve, though some think
it is hardly up to the usual fall standard.
Buyers are still conservative and pur-
chase cautiously. The principa jobblng
activity comes from he south and S nth
west, western business having SIS yet
hardly commenced with vigor, though
buyers are arriving in numbers. frices
rule strong and firm in the domestic
station, and WOODEN goods. Domestic
and foreign dress goods are in good de-
mand at strong prices. Leading i'm
porters of foreign dry goods report q
steady increase Ia the demand for silks,
cashmeres and Velvets, and Withdrawals
from warehouses largely exceed those Of
the corresponding week Of last year.
Boot and shoe iobbers report q good
trade with the south and southwest, and
nearly all kinds Of goods are selling
freely. Manufacturers are busy. Prices
for fall goods will range about the same
as last year. The iron trade is in more
hopeful condition, though prices are not
materially altered. There is some talk
Of an advance in bar iron next month,
though the strikes will soon be over,
which will remove the dangerous and
disturbing factor. 10 coffee, Brazil stock
as q rule is as yet firmer, but holders are
willing to listen to fair bids, and make
some concessions. The option business
at the coffee exchange is more active.
Several large sales are reported at private
terms. Prices Of milder brands are we'll
maintained, as the proportion Of fine
stock is not large. The demand for
raw sugar is dull and uncertain.
Fair to good refining is quoted at
7H@Hc., and sales have been made
freely st the lower figure, Refined
sugars are moderately active, sed the
supply offering fullT equals the demand.
Concessions are made on some grades to
induce purchases. The tea market is
moderately satisfactory to holders. some
sales being made at about steady rates.
but there is not much change from last
week, either in prices or volume OF the
trade. In butter the demand continues
good for choice, fancy stock, and values
are more firm. The large amounts OF
stock in cold storage remain almost in
tact, though some of the lots lately put
in ice were telDg sold to fair extent.
Holders appear willing to make sales il
buyers can be found, at reduced rates.
Choise creamery, q @ % cents. Re-
ceipts Of cheese have been large, with q
dull market, with prices nominal,
though in buyers favor somewhat
Eleven and one-eighth cents is about the
best rate to be expected, though sales are
reported at lie. Poor grades Of cheese