The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1890-01-19

buyers and sellers in every direction, and
lessons retail trade, except in drugs. In
other branches, business has been fairly
active, but not UP to expectations, though
the prevailing belief is that the lack is
only Temporary, and that large business
scNp---,------->-.
Reports from other cities are little less
favorable. The comparative dulness in
December was expected to be followed by
activity after New Years, and there is
some disappointment. Philadelphia notes
dulnesS Ia dry goods, slow movement of
clotnlng, and prospects that large stocks
Will remain unsold, and dulness in tobacco.
liquors, dyestuffs, and groceries, the preva-
lent sickness being noted as a cause, with
an enormous business in drugs. Boston
observes more life since the arrival of
cooler weather, but sales of boots and
shoes are curtailed because winter supplies
nave not been sold; groceries are quiet,
and sales of wool were but 2,446, 900
pounds, fleece being firm, but territory
woods being lower. Chicago reports double
last years movement in dressed beef and
grain, but decrease of third in coal, and
decrease in hides and wool, dry goods
sales below last years, moderate dealing
in boots and shoes, and quiet in clothing.
At Cleveland trade is rather inactive, at
Detroit fair, and at Milwaukee quiet, with
unfayorable prospects as to large country
collections, owing to the weather and the
practice of dating ahead. st. Louis enjoys
good business, though the weather has
somewhat checked sales, and foods have
embarrassed communications with Texas.
AT Kansas City trade is dull, at Omaha
generally good, and at ST. Paul the spring
trade is opening fairly. The mills are all
operating at Pittsburg, and iron products
are steady, coal more active, and the glass
trade fair. Respecting money and collec-
tons, the situation is about as last re-
ported.
No important change is seen in the great
industries. Cotton continues to do well,
and wooden goods have opened at last years
prices, but as yet without specially salts
factory indications. The iron trade is still
in doubt whether the heavy increase in
production has been matched by the in
crease in consumption, and while the pre-
vailing apinion faVors higher prices, it may
be noticed that moderate lots are occasion
ally offered below current quotations, while
in bar iron she feeling is less confident of
late; in plateia'on the movement is not very
active, and no sales of rails are reported
Undoubtedly the enormous building last
gear sustained the iron trade; at New York
aud Brooklyn the value of new buildings
was sos ,000, 900 against $40, 000, 900 in 1888.
and at Philadelphia the number was 9, 432
against 1915 in 1888; but construction at
such rate cannot be expected to continue
The coal trade remains dull, and affects
prices of coal stocks, though the average
for active stocks is about so cents per
share higher than week ago. But sugar
trust stocks have been pushed down to
about So, notwithstanding higher prices for
raw sugar.
The business failures occurring through
out the country during the last seven days,
as reported to R. G. Dun & Co., number,
for the United States. 1874, and for Canada,
80, or total of 1913 failures, as compared
with 322 last week, and 2SS the week previ-
Gus to the last. For the corresponding
week of last year the figures were ISL,
representing 35l failures in the United
States, and 80 in the Dominion of Canada.