The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-10-09
sa,t shr
Rradstreets, Businsas Rssume.

NEW YORK, October Especial tele-
grams to Bradstreets, while recording a
moderate check in sales in some staples,
make plain new evidence of an excep-
tionally heavy volume of business. The
bank clearings now begin to reveal full
proportions of commerce al transactions,
with a verv heavy total for thirty cities.
During the current week, as especially
Wired to BrGdStrestS, the - aggre
gate clearings are 81 ,200, 255. 487
against 1896 843 .523 last week, and
and 936, 73S, 1875 IN the like week of 1855,
showing gain of 20.4 per cent. this
week and of 28.1 per cent. against last
year. The heavy dealings in the New
York 8 ock market will account for a
share Of the increase at New York, the
total for the week amounting 20 ,233 -
600 shares, against 645 900 last week
and /, 156, 900 in 1884. The total earn
ing of forty-niue railways for Septem-
Der, reported TO BradStreets is $50, 250, 900
against $751; $50 005 in 1885 and SIS 124, :
900 in 1884 For the nine months the
aggregate is $i39, 505 900 or 1925, 900
more than in 1855. r..-. COS.
Inc New York stock market
was actIve, feverish and in
Auenced by a highly speculative feel
ing. Prices advanced irregularly, al
though toward the close of the market
quieter feeling prevailed, Bonds were
firm. Money was extremely firm and
foreign exchange was weak and close
to the gold importing poiut. ,-t g
The sales. of dry goods. cotton,
wool and, to some degree, lumber,
have been somewhat checked, but there
remains confidence on all sides of a
good demand in the near future.
Pig iron is now 81 per ton higher in
all directions. Southern and Western
furnaces are heavily sold ahead, and a
, dozen consumers in New York
for early delivery would put
No. l up 50 per ton. For this grade
$40 is now asked, with a probability Of
$40 by January 1st. tELa stHi
Dry goods are firm. Print cloths are
higher, and brown and bleached sheet
ings are fractonally higher. Stocks are
not increasing. - s
Wool is qaieter, but strong. In spite
of the speculative buying home prices
are below foreign. The loss of cotton
in Texas by the late storm is. re-
ported to amount to over 10000 bales.
The estimates of the loss to the western
tobacco crop are placed at from
8 to 10 per cent. Louisville
reports incline to a lower figure. There
appears to be some doubt as to the ex-
tent of the loss by frost in the Virginia
and North Carolina tobacco regions.
Tobacco and cotton, as well as petro-
leum, are dull and featureIess, without
material change in the price at New
York
The hog products are depressed and
lower.
There is no sign of gain in wheat, de-
spite the late excellent export demand.
The receipts ct the west and northwest
have declined some. Flour Is depressed
and lower, with continued heavy for
eIgn consignments. A11
The industrial situation is dis
turbed by an extended strike and
lockout of the textile oper-
atiYes at Philadelphia. the threatened
lockout of the knitting mill hands in
the Hudson River Valley and the
Threatened strike of 10000 pork packers
employees al Chicago, against rein.
forcement of the ten-hour day. '.F Is
The improved cane crop prospects
have further depressed sugar, and the
increased prospects of corn have caused
decline in whisky.