The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-04
TRADE.
BradStreet's Report for the
Past Week.
CONSTITUTIONAL CENTENNIAL.
The German Military The Faster
Falls-AEreed to Agree
Cholera.
The Weeks Ira e.

Ahe eek IRA Q.
NEW YoRK, December 3.--SpeciaI
kilograms TO BrGdSirssi's point to mod
crate gains, in the movement of gem
eral merchandise from Boston, New
York, Baltimore, Detroit. Milwaukee,
ST. Paul, Minneapolis, New Orleans and
San Francisco. Except IN so far as tn
IS due to increased bread-stuffs and
other exports from the Atlantic seaports
named, the gains are due 10 the slim
ulated retail demand for dry goods,
groceries aud notions, owing TO cold
weather and TO the approach of the
holiday season. There Is no material
change at Philadelphia, Pittsb1rg.
Cleveland, Louisville, Chicago, ST
Louis and Kansas City. Almost points.
widespread confidence is reported in
the future Of the general trade, not
withstanoing the noticeable check 10
the movement of goods from the first
hands III textile and other lines. The
total bank clearIngs this week at thirty
two cities. snow an unprecedented in
crease OF $2j2. 80 OU over last week, the
total Icing Sl.Z6S. 1888 against ST.
OOj,006 5US q week ago, and 81 ,Og7, 245 go
for the week ending one year ago.
There is an increase Uf p per cent. over
last week and Is per cent. over the like
week last season.
Tae weeks gain at New York alone is
SlSi 600 600. OF about % per cent, due
very largely 10 the heavy speculative
transactions IN railway shares and
bonds, petroleum and produce exchange
dealings. Inc increased exports also
IA a aH.Hf a IL L. q
increase OF 81 per cent. was owing 10
a heavy gain ia tue volume of railway
slare speculation, no:iceably in the
Reading stock. BJstOn's gain of IL per
cent. was caused 70 some extent BY a
like influence, but that Of 50 per cent.
at San Francisco must be explained
by an outbreak OF the mining
stock speculation for ore, and that
of 40 per cent. az Chicago largely TO the
increased grain, provision and railway
share speculation. The domestic money
markets are easier in few instances.
since tie first Of the month. The mer-
camille collections at the west and north
west are slow, owing 20 the continued
disposition on the parc II the former TO
hold back his produce for higher prices.
The New York stock market, this
week, has been the scene of wild specu-
lation III Reading. which made con-
siderable advance on meFhat
organization plan will he favor
able TO il. This gave Il decided
upward impetus 10 the ma rkst.
''IanCies" being prImine.t in tradi <
while the excitement was at its height.
Realization selling for foreign account
set in ana was accompanied by bear
raid, under which prices had a sharp
reaction. At the same time the
changing OF loans usual at the begin
ming Of the month caused some diffi-
Guilty IN Carrying large line of fancies
and speculative stocks for the latter
part Of the week the market has been
duh and feEerish Heated specu-
lstion is also in progress in min
ing shares The weeks transactions
aggregated 5 .SSS,136 shares. againet .
eos, 40 shares III the preceding week,
I.9JS SD shares in the corresponding
week of ISIS. and l,722, 305 in 1854.
Reading contributed about 1000
shares TO this weeks total, and 6O9, 900
shares to that of the preceding week, or
altogether about double the shares of
the capital OF the company in two
weeks. Bonds are firm and advancing
in anticipation Of large demand for
investment after January 1st, at the
west and south.
The Dig iron market is quiet and &C
tive. Some southern furnaces have
left the market ewing to the
absence OF stocks and heavy
orders ahead. During this week
wheat op lois at Chicago and
New York have advanced 4@41<
cents, and for spot 4 cents per bushel on
increasing exports and speculation and
small stocks abroad.
Indian corn went IL cents higher
with the small stocks aud heavier de-
mand, and wheat -four with a better
inquiry for exports and reduced pro-
duction, has been marked up Is
cents per barrel.
Dry goods AZ first hands remain dull
and steady. except ginghams, which
tends upwards. Wooiens are only firm,
while prints are = cent lower.
Wool is affected ulfavorably BY the
London sales. which are of 5@l0 per
cent from the previous auction sales.
The Louisiana sugar crop Is now
estimated 81 $1,000 hOgsheaus, a reduc-
ton from the previous estimates. There
Is more activity il the hog products.
Speculative markets are in sympathy
with the upward turn TO grain prices,
and owing 70 an increasing outside de
mand, pork has advanced 50 per bsr.
rel. and western steam lard 4 cent per
pound in the week.
On the whole. the week is marked ~
a distinct increase OF speculative actiy-
ity at all points.
The total number of failures in the
L yited States reported TO BrafsEe si's
this week Is 2SS against 20i last week,
and 2i7 in the week one year ago. Tie
total from July lst 10 date is 8, 100,
against 10 253 N 1855. Canada has hsd
/ org failures this yesr, against 1.lSs asst
year, and 20 IN lSSi.