The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1883-03-08
LATEST TELEGRAMS
COMMERCIAL.
PRODUCE.

PRODUCE.
Chicago. Wheat, lower, lEegu-
lar, los March, SIS April, corn lower, 30
cash, 575S March, 5S3s April; oats.
lower, 4215; rye, lower, 651z; barley,
nominal, rs; flazssad, higher. 1333@4;
pork, lower, 1895 March, is OH April;
lard. lower, II 121S March, 25@27K
April,
COPPER.
Baltimore, cooper quiet, 1904.
EXCHANGES.
New York, T. The clearing house
exchanges for the week compared with
the corresponding week Of last year,
show the following gains and losses in
transactions ia the chief business centers:
Gains - Philadelphia, 81; Chicago,
$40; Cincinnati, 1.9; Baltimore, 8 0,
New Orleans, 294; Louisville 22.S;
Piltsburg, 5; Kansas City, g; Hart
ford, II 6; New Haven, IL; Memphis,
80 6; Peoria, 1876; Lowell, 100 l; Wor-
cester, 1911; Springfield, Sic.
Losses-New York 299; Boston go;
Memphis 0; SanFrancisco 8 6; Milwau-
kee SO; Providence 1.8; Indianapolis
1870; Cleveland 1873; Columbus 1910;
Portl md "a.
The Pubic says: The volume Of bust
ness in New York has been greatly afec-
ted as to uncertainty as TO the tariff, new
happily ended, but the volume Of bust
ness elsewhere, though somewhat un-
steady, has on the whole exceeded that
of the corresponding month and week Of
last year by about per cent. This has
occurred in spite Of considerable lrregu-
larity; the returns at times have pre-
sented a dishesrtening appearance.
Month Of February, taken as whole,
Cincinnati and Louisville were only
cities Of first class in magnitude outside
of New York that reported declining
transactions. At Cincinnati and Louis
Vile floods Of wholly unprecedented
severity would have fairly accounted for
a still greater increase in the volume Of
business. The loss at Milwaukee may
be attributed to difference in time OF
moving wheat, than to the transfer of
speculation to other fields. Indianapolis
and Cleveland appear to suffer from local
causes, in fact thore is no point of i'm
portance 10 the whole commercial hori-
ION where evidence appears of real
shTinkage Of business that is not attrib1t-
able to local or temporary causes.
1t is we'll to remember this record
is presented in spite Of depression
in iron and other important industries
This has occurred in spite Of considerable
and very general check, which expecta-
ton OF vastly important legislation has
given to business. 1t cannot be denied
that these causes have had great effect
upon the trade of New York. The
wonder is that no corresponding depres-
sion sppesre 10 g continued way, or on 8
large scale elsewhere, This we are
obliged to attribute not to the
failure of those patent causes to affect
transactions at other cities, but to cub
stantiate the increase in volume of other
classes Of business which are lot directly
affected by legislation, or by the state OF
the iron manufacture. The fact is that
the whole country is now depending ON
The period of great preductlveness,
whereas in February, 1882, it was rs.
stricted in expenditure by the general
disaster to crops in the preceding year,
Now that uncertainty in regard to Con-
grsss is ended and in a manner
generally satisfactory to trade
and to most industries, q marked
improvement in business seems to
bs expected with much reason,