The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1891-03-22
Trade in the East.

Foreign Influences have again disturbed
the money market a little, and increase ed
the prevalent conservatism of feeling. The
embarrassment of bank in Paris, on account
of dealings in Argentine securities. was
met oy heavy advances from the Bank of
France and other large establishments.
which is evidence that the situation is seri-
Gus. Directly, the effect here should be
slight, but it is impossible to say how the
already strained condition at London NAV
be affected, and serious pressure at London
would be felt in sales of securities in New
York. The prospect for new railroad
building, and consequently of rail produc-
ton, is not helped by the monetary situa-
alton, and stocks have been considerably
weekend. But there is more active speech
lation in breadstuffs, pork products and
cotton, which have advanced, and the out
look for farmers has rarely been better at
this season than it is now Of the great
industries, nearly all are expanding and
employing labor fully, but the coke strike
and other causes have produced a remark
able shrinkage in the output of iron.
The prospect for the building trades is
rather dull in New York, but at other cities
particularly at the west, it is remarkably
bright, with the single condition that
threatened labor troubles do not Interfere
The wool manufacture is doing remarkably
well, though the prices Of goods do not adj.
vance; the mills engaged on dress goods
and knit goods are especially active, and the
worsted works are on full time with fair
prices. In the boot and shoe industry
shops are fairly employed, and some new
works are going up, but speculative furry
in hides and leather has made business less
satisfactory.
Reports from other cities are fairly favor
able. Boston notes more buyers of boots
and shoes, from all parts of the country.
but their dealings are very cautious. and
they refuse any advance on last years
prices. Some kinds of leather are higher
again, but domestic hides are more freely
offered at lower prices. Crude rubber is
firm but not active. Wool moves steadily.
3,252, 400 pounds being the weeks sales
lumber is fairly active, and coffee strong
AT Philadelphia the prospect for building
In the spring is good. and the wool trade IS
active with light supplies. The hardware
trade is good, but prices are low and collec-
tons slow. In iewelry, paints, LIQUORS. to.
bacco and harness and saddlery, trade is
rather quiet with some hardness of colIec-
tons, but in chemicals fair At CHICAGO
the dry goods sales considerably exceed
last years at the same time, but the nav
ments are not so good as was expected, and
in clothing and boots and shoes the situa-
ton is the same. But building permits ex-
coed last years TO date by one third. Wool
receipts are larger, wheat much larger
and cured meats show an increase com,
pared with last year, and hides, oats and
rye are about the same, but in flour. corn
barley, lard and butter decrease appears.
and in dressed beef a decrease of half
Pittsburgh notes no change in iron or rails
but for some Improvement window glass
AT Cincinnati whisky advances with good
sales and sales of tobacco are heavy. Cieve-
land notes hopefulness for spring trade |
and Detroit observes prospect for great
activity in building
weather have had much influence, imnedN |
ing the lumber trade at MinneanoIis
though prices are good, and the outlook ex'
cellent, and at ST. Paul the iobbers are sat
SIZED. AT st. Louis distribution in ali |