The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-11-27
rhsTrAde Prospects.

NV YoRK, November 26.-Speciai
kilograms TO BTadStreets record rather
less activity in the movement Of gen.
eral merchandise, although At Chicago
there has been an increasing volume Of
sales, particularly of dry goods, and
in a less noteworthy degree at ct.
Paul. Minneapolis, Milwaukee aud
Burlington, The aggregate sales IN
staple lines has been cu-taled, OF
course, by an intervening holiday
Restricted trading has been more con-
>picuous in eastern centres, owing TO q
decline in the number of mail orders
received and to q notable absence OF
interior merchants. 1t is reported
from st. Louis, Cincinnati, Philadelphia,
New York and Bo ton. At New OrleaI 3
also the general trade, while larry
satisfactory, is below late expectations.
Country merchants tributary to that
market are not reported to be gener-
ally as prompt in payment as desired
and refiners, unable TO get satisfactory
prices for sugar, are storing their pro-
duct. At Kansas City, there is fairly
active movement Of general merchan-
disc, but the total volume Is less than
that of q fortnight ago. Interior do
nestle money markets, as q rule. are
10: quite as firm as last week. At
Chicago there is less demand for funds
for manufacturing and CONNER
cial enterprises, but larger de-
mand for grain and other speculative
ventures. at Cincinnati funds ere
| flowing back from the country, and at
Milwaukee they continue 70 go west
ward, but in diminished volume.
The total volume of bank clearings at
| thirty two cities for the current week.
Is 81 COS 072, $50, against Sl.1O3 1SS, 2OI
I last week, and 81 ,033, SIS Oh in the
fourth week of November 1885. The
/ decline as compared with last week. Is
/ but 90 per cent. of that called for by the
loss of one entire days transactions,
thereby pointing to proportionate in
crease in the amounts transferred.
SpeculatiOns in wheat, petroleum and
railway shares continue full, while
I exports and imports or produce anu
manufactures remain in large proper
/ lions.
The New YORK stock market is. ex-
cited and strong and under the stimu-
lation of the settlement OF the express
war. the prospect OF peace between the
Baltimore il Ohio and Pennsylvania
7 with anticipated dividends on the
Western VanderbiiE lines, speculation
tends toward the trunk line stocks
LutAE - sian AA4AANL 6--@@AA-C-A
\ paid TO the fancy" and southern
stocks. The transfer of the week, i've
days, were 1855, 40 shares, against
2. 625 .9z5 shares IN the week ending
November 10. Bonds were strong ana
advancing with sales for the week 10
the amount. of Sl2,714, 200 against Sl4 :
; I'm 500 last week and ~ .l47 .30C
preceding week. The funds AZ New
York are steady IN spite OF Efforts to
: manipulate for high rates Foreign
exchange is slightly trmer. At eastern
centres the movement OF dry goods has
! been Disappointing. Prices II most
Hines are ustainsd and the outlook for
heavyweight woOlens continues bright.
Prints, however, have declined y cents
from 81 cents for CAS-, after month
of extreme frmness. Stocks have in
, creased of late. Raw wool is quiet, but
tends to favor buyers, as concessions
have been made TO manufacturers want
ting large lines. There is rather less
confidence as to higher prices. Pig iron
. continues very firm, with no change n
: prices. steel rails are more active and
more profitable to the makers than has
generally been made public, and prices
: are 81 higher, at S35 q $50 per ton. The
tobacco crop report indicates that the
western leaf crop will aggregate about
235, goo hogsheads, agains. $4,000 hogs
/ heds IN 1885; that there has been a de-
cline in the yield Of about 80 per cent
| in bright Virginia and SO-th Carolina
and OF about Is. 900. 600 pounds or nearly
10 per cent in the seed leaf crop, mainly
through the falling off in Wisconsin
against the output of last year.- The
speculative breadstUffs trade are real
ling more fully the iong-eIpected
J strength Of the statistical position oi
wheat, but thus far in spite Of that fact
J and continued heavy exports, the price
lof the cereal does not advance much