The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1888-03-25

OF pig are unchanged, but offers of all
other grades continue at concessions.
Pr ces OF manufactured iron are unset
tied, not only by western, but by foreign
competition, foreign iron being offered,
duty paid. at So per ton below current
prices at Philadelphia. Coal declines 25
cents again, though stocks are light; the
Lrhlgh strike, after six months of suf-
fering, ends in defeat of the demand for
higher wages.
With transportation arrested, no in
dications of value are obtaif ed as to the
textile manufactures or the dry goods
trade. Transactions are light, but
prices have yielded no further, and 'tne
lull in cotton goods" it is stated,
causes no uneasiness." The strike al
tie Wamsutta Mills has ended in agree
ment, and decline of an eighth occurs
IN raw cotton, notwithstanding the
large exports in February. The guam
uty of cotton sent abroad was 1913, 621,-
Sl3 pounds, against 1875, 1876, 667 last year
out at an increase OF $79J 600 in value
The exports of breads utfs in Febru-
Try, were in value 81 100000 below last
years, and of wheat and -four III GUAM
ti Y equivalent to 9 166,479 bushels
agains III 204, 1917 last year. For eigh
months of the crop year the decrease
has been IL. 100000 bushels, which fore
shadows a large surplus to be carried
over in July. The Bureau report of
wheat in farmers hands March lst, en-
girely accords with previous estimates
Of the crop and have yielded ~ cents
,or wheat anu l cent for corn.
In othe markets, few changes OF i'm
portanCe are noted, though the COM
plant of dulness becomes more general.
jUffee is nOminaly Ii to 1917 cents for
spot, against Az last week, while oil
nas advanced 2 cents, TIE railroad
strike at the west spreads to other reads,
though the Burlington appears to have
overcome its difficulties, and it is said
to nave agreed to an dvance in rates
Its heavy loss of half million in earn
ings for January, before the strike be-
gan, shows how important TO many
Dads at the west is the settlement OF
their quarre's. But New York Central
e'rnIugs show a deficit for the first
quar- Ter, and the general tendency is to-
marus reduction OF profits.
The reports received from interior
points show a continuance OF trade
deemed fair for the season at most
riti's, with slight improvement at two
or three, but with complaint of unsatis-
factory trade at as many. At Mil
Waukee heavy losses by fire are not ex-
pected to affect business generally, and
at Detroit it is observed that dealers IL
Michigan find collections from farmers
unsatisfactory, and the output OF goods
is not large. At Cleveland there is some
closenes5 in money end slOwness in col
Iections. But the general tenor of re-
ports does not indicate scarcity OF
money in the interior, or unuS ual de
lay in settlements. The Treasury opef
atoms for the past week are not We;
definitely known, communications hay
ing been Interrupted, but indicate 8
absorption of 50 100000. The partial
statements of foreign trade indicate
considerable excess of imports over ex-
ports for February, and large exces
.his month, but there are reports OF
foreign inquiry for good bonds. In the
absence of large dealings, prices o
stocks have slightly advanced, the re
port that the western wnr Of rates will
soon end being credited.
The business failures occurring
throughout the country during the Ia,
even days, as reported to r. Il. Dun d
Co., by telegraph, number, for I'll,
United States 2O2, and for Canada Is
or total of 228, as compared With (
total of 253 last week, and 244 the wees
previous to the last. The gur
the corresponding week III 1887 were
352.