The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1884-09-14
AND MINING.
Preparations for the Fall
Trade.
WEEKLY ORE AND BULLION.
Views at z. C. Nj. I.-FayorabIe show
ing - Mr.. Jennings Opin-
ions Latest from tho
EEines-Local Stocks.

A HERALD reporter called at q. C. NJ. I.
on Friday morning to learn, if possible,
some of the views entertained in that
mammoth institution of the outlook for
the fall, and to gain what ideas he might
of the condition of business generally.
He was kindly received by Superintend-
ent Eldredge, who expressed himself as
willing to give THE HERALD any inform
alton that lay in his power.
al should like to know" said the re-
porter, whether you are curtailing your
fall purchases this season in anticipa-
ton OF dull times?"
dredge's reply. "Our business has kept
up remarkably well during the dullest
months, and it shows now constant
signs of improvement. Here" said he,
picking up slip OF paper that lay on
the desk before him, az have the report
of our secretary for the month of Au-
gust, 1884, and for the same month in
1888. The volume of business done in
August was less than $4,000 under that
transacted year ago. For the nine
days in September oil this year there is
not difference OF $500 in the same num-
Der of days in the same month last year.
SO, you see, we have little reason to Or
der less than we do every fall"
''How about your semi-annual divi-
dend2"
"Oh, that will be declared as usual at
| the meeting on October 9Th. We shall
pay per cent. for the half year and
carry besides Il fair amount to the re-
serve fund" At this juncture Mr..
Sears, Assistant superintendent of the
institution, entered the Office, and was
drawn by Mr.. Eldredge into the CONVEX
| Sation. His views were practically the
same as those entertained by the Super
intendent. 1.-THE volume OF business
may be smaller this fall" said MIR.
Sears, mot because of any great falling
off in trade, but because prices rs rule
! are lower than they were year ago"
| The reporter inquired what he thought
o. the grain outlook. well" WAS the
answer, 1.-THE grain product occupies Il
very small position in the list OF our ex-
ports. The largest sum ever realized in
any year from sending out our surplus
grain was $3O0, 90, and that cuts u small
llieure compared to the sum realized
from our cattle, wool and mineral ex-
|
| ing of freghts, that he thought there
was very little reason to fear renewal
of the war of last year, and the alarm
some merchants feel regarding the &C
ton of the railroad ma nates in. their
meeting on the I'D instant, he
thought was not well grounded.
| Hon. William Jennings was found
greatly annoyed at the item published
BY the News concerning the withdrawal
OF his firm from business. Il have re-
ceived this morning." said he, "$3, 600 in
invoices of goods shipped; yesterday
lreceiyed $1,000, and every mail brings
more. We may not order quite sc
heavily this fall, but it will be for the
reason that we laid in so extensively
last spring under the cheap rate, ant
! for the additionalreason that such goods
as f1annels, yarns, blankets, ETC., which
we used to order east, we now manu-
facture at home. l have no fears fo
the fall trade The month of August
with US, compared very fayorably witt
the same month last year."