The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1891-04-26
Trade in the East.

with better weather, there is visible i'm
provement in trade and collections, and.
while it is but slight as yet, the outlook for
the future is generally regarded as encour-
aging. Crop prospects continue excellent.
There Is less monetary pressure at points
where some stringency has existed, and in
the chief industries some Improvement in
the demand appears. The uncertainties
regarding the extent and effects of labor
troubles have not been recorded, but the
coke works appear to be gradually WELD
ing, and the long strike of morocco
workers at Lynn is at an end and while the
demand for eight hours in building trades
has been conceded in many instances. The
threatened strike of miners for eight hours
VIII not, from present appearances, have
the support Of miners in some Pennsyl-
wanna districts who were expected to Join
in the movement. Meanwhile the volume
of trade continues nearly as large in aggre-
gateValue as 1t was year ago, some de-
crease in quantities of important products
being balanced by an advance in the level
OF prices, which was nearly 10 per cent
higher than year ago April l, and is still
more than 13 per cent higher.
The iron trade shows greater shrinkage
than any other, the decrease in charcoal
iron production in March having been ]. S95
tons, and in ali iron, with corrections in
cOhS output, @L,0oo IONS, Gne output is
o., 81 tons, or 1866 lower than year ago
But stocks unsold are now being reduced
and where purchases of ore for the year
and contracts for coke and freights have
been MADE, 1t Is expected that many fur
naces now idle will start again. There is
seen somewhat better sdemand for fin
ished products, especially for structural
iron and rails, and 10000 tons of rails have
been sold during the week, making
orders for the year thus far about
100000 tons. The anthracite coal trade
Still drags, the reported output 9,059 GIL
TONS being /, 713, 1852 tons greater than last
year to same date. Consumption of copper
is slow, and tin is q quarter weaker with
lead dull. The spinners' takings of cotton
continue slightly greater than a year ago.
with exports very much larger. Wool is
dull, Boston sales being but 2,2S2. 100
pounds for the week, but old supplies are
well-nigh exhausted, and until the new
clip comes forward, much activity is not 10
be expected. The demand is remarkably
strong for dress goods, but still disappoint-
ing for mems wear woolens.
AT Boston the demand for merchandise
generally has improved, and retail trade
has been quite heavy; boots and shoes and
leather are quiet hides in moderate de-
mand, but South American frmer, and
lumber more active. The grocery trade at
Philadelphia is only fair, the glass trade
HUltl, dn0 luG QCUIduO 1OE uIB EOOQS me-
dium, but the outlook for paints is better.
and the hardware trade is larger than at
this season for two years, though at low
prices. In nearly all trades there collec-
lions are slow. Some kinds of finished iron
at Pittsburg are weaker, but
glass unchanged. At Cleveland trade
is generally inactive, but good
in groceries and hardware. and
some improvement is seen at Cincinnati,
especially in groceries, and also in general
trade at Detroit. The sales OF dry goods at
Chicago fall a trile below those of last
year, and clothing is quiet but shoes active
and collections in all these trades good
Receipts of lard and butter show slight de-
crease, ana of dressed beef and cheese some
increase with considerable gain in WOOL
At Omaha, ST. Paul, Minneapolis and Den
yer trade is fairly good, prices of lumber
and flour improving. Business is dull aft
Kansas City and Memphis, but improved at
New Orleans and Atlanta.
The treasury has again paid out this week
more money than it has taken in, and has
also issued 81, 100, 600 more silver notes. but
exports of gold continue. The Bank of
England lost during the week over 50. OO0.-
600 gold, and raised its rate from to 81
Der cent. The exports of merchandise are
Increasing and for two weeks at New York
exceed last years by Is per cent. In March
the exports of cotton, breadstuffs, provis
IONS, cabIio anu pSbrOISum from all the
chief ports were in value $52, 499 637.
against $50, 766, 262 last year. indi-
eating no increase in the aggregate of
exports, while the heavy imports of sugar
raised the aggregate about 6,400 600 at
New York alone above that of the same
month last year. Probably imports began
TO exceed exports in that month, and an
outward movement of specie may be ex-
pected until new crops come. But securi-
ties are well sustained, in spite of the ap-
parent failure of the Western Traffic asso-
citation, and unless depression in these
and heavy foreign realizing occur the
outgo of gold need cause no disturbance.
The business failures occurring through
out the country during the last seven DAYS,
as reported to r. G. Dun q Co., number.
for the United States, 217, and for Canada,
"A. or a total of PSI, as compared with a
total of 243 last week, and 243 the week
previous to the last For the correspond
Ing week of last year the figures were 2I4.
representing ISL failures in the United
States. and 33 in the Dominion of Canada