The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1882-09-09
TELEGRAPHIC
View Yorls Trade.

New York, S.-Following is the re-
| port of the condition of trade here for the
week ending to-dsy: Tire state Of local
trade is to all appearances highly favor
able, md very sctiVe. Fall business Is
in progress, While legitimate tssnsac-
tons are exceptionally large. speculation
seems to be kept we'll within bounds.
Money is easy and 10 large supply, and
everything looks we'll for a continuance
of The present condition. The dry goods
business is quite active. and buyers are
here in large numbers. Jobbers and COM
mission houses alike report 3 satisfactory
trade. Dealers still buy cautiously, but
the tone Of the market is good and the
price we'll sustained. Domestic Gotten
goods Of the best makes are firmly held,
but the supply Of lower qualities largely
exceehs tha demad. Foreign dry goods
are mostly active, and importers seem
satisfied with the amount Of business
doing aud in prospect, The boot and
and orders continue to come in quite
freely. Manufactures report business
not quite so good with them, but better
things are expected in 3 week or two.
Collections are better. There is active
business in all kinds of leether. Prices
are firm aud stocks notably low. In
wheat, red was again lower, which ln-
duced free purchases to cover, resulting
IN al advance, but the market was irreg-
ular, and closed weak at s to u, but
lover. The demand f + export is more
active. In corn, inactive speculative
business is doing, but after various huc
tustiOnS the market closed weak, espe-
cislly for September delivery. Little
attention is paid to stock FOR prompt de-
livery. Oats have been freely dealt in
on speculative account, at lower and IN
settled prices, recovering slightly, but
closing weak. In provisions, pork is
again selling at q decline. Speculation Is
very light, and the export demand l..
slack. In lard, the market was lower
and almost panicky, the alleged
being raids by one or two large holders,
but some large orders for expert have
been closed, and the market closed
drmer, with prices in favor Of ls;er
months. Spun cotton is held steadily.
Options are g little higher. and close
steady on reports of light receipts here
and stronger advices from Europe. The
demand is moderate for consumption
Petroleum is more active, aud
exporters are purchasing more freely.
Prices are held fairly steady. In freight
transactions are moderate, though there
is more inquiry for grain room in conse-
quence Of easier rates and lower prices.
Receipts Of butter are large, and holders
find it difficult to keep up prices, but they
are quite firm and not inclined to cencede
anything. Buyers are cautious, and pur-
chase little more than is necessary for
immediate wants. Cheese is we'll sus-
tanned, and somewhat better prices are
quoted. Exporters are buying freely of
best lots, which are quoted at .1lH Raw
sugar is quiet; fair refining is quoted st
~, and a few transactions are recorder
Refined sugars are in good demand, and
hold firmly. Tea is steady, with mOder-
ate demand. Rio coffee IS more in de-
maud at prices q little easier, closing at
9 to ~ for fair cargoes; other kinds are
dull and unchanged. The lumber mar
ket shows q fair demand Of activity, and
ust. Prices are held firm, but difficulty
Is experienced in getting the advance OBJ
taine6 by first hands. Prospects for the
fall trade are favorable. The furniture
trade opens satisfactorily, both 10 volume
and prices. In American pig hon the
consumption is large and deliveries on
old contracts heavy, With current de-
masds sufficient to prevent accumula-
tisn. The Scotch pig iron business is
light, and q few sales only are reported.
Prices are about the same, or lower il
anything. In steel rails some large sales
are reported. Negotiations are said to be
pending for some large parcels for win
ter delivery. Iron rails are neglected.
and prices nominal.