The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1892-04-17
Trade in The East.

In New York, another week has brought
additional proof Of actual Improvement in
business at many points. That trade has
disappointed expectations to some extent
is obvious, and there are some who claim
that reaction has begun of unknown du-
ration. which appeared in Europe last year,
and which was only deferred here because
of extraordinary crops. These have to sup
port them unusually low prices and in some
departments q shrinkage in sales. But
others argue that disappointment is due to
excessive expectations, and especially OF
the failure TO take into account the great
volume OF Indebtedness left from real estate
speculation at the west and south, and the
influence here Of bad crops and financial
depression abroad. These have TO support
them much evidence that the actual busi-
ness transacted, all branches considered,
is greater than ever before at this season,
in spite of all obstacles aud complaints.
The reports from other cities are on the
whole favorable. At Boston there is
further Improvement and a large retail
trade; dry goods jobbers are active and
mills very well employed; western reports
are favorable, and southern better. The
boot and snoe trade is active, with demand
up TO present capacity. Leather is in steady
demand at full prices, and hides are more
active and trmer. The clothing trade is
don prices. At Hartford trade in hardware
is cutie good, in groceries good, in wool
and dry goods fair. AT Philadelphia the
failure Of an iron house, following that of
the Lehigh Iron company, depresses that OF
trade, nbut the dry goods trade is better
with satisfactory demand. No improves
ment is seen in wool, and groceries are dull,
though sales for the year appear greater
than last years. Tobacco is improving,
the liquor trade good, ana chemicals steady,
and in paints and building materials an
exceptional trade is seen. At Pittsburgh
iron stocks increase, aud there is no i'm
provement in products. shipments of coke
being the lowest for the year thus far, but
the glass trade is steady, and trade in hard
ware brighter. At Cincinnati the
hat trade exceeds last years. But in
building prospects are clouded by threat
ened strike. AT Cleveland all lines i'm
prove except pig iron and ore, and money
is in mere demand. At Detroit trade equals
last years, but freights are less firm.
Chicago reports largely increased sales Of
merchandise, with collections easy in all
branches. Receipts of corn and barley in
crease three fold. of wheat, oats and rye
two-fold. compared with last year, Of
dressed beef one-half and of -four one-thIrd,
and some increase is seen in hogs, cattle
and wool. with decrease in lard, butter and
cheese and especially cured meats. At St.
Paul jobbing trade is brisk, and at Min
neapolis there is a marked increase, with
unusual prospects for the lumber trade,
but -four is dull and low. At ST. Louis
trade is reasonably strong with especial
Improvement in all building materials, in
spite Of bad country roads and railroad
vTashout. Trade at Kansas City is quiet,
though receipts of grain and cattle are
light because of bad weather. At Omaha
business in dry goods and shoes is very &C
tive. and other trade fair. AT Louisville
business is quite satisfactory, but dull at
Memphis, stacking at Savannah though
prospects are bright. and only fair at New
Orleans, though In cotton there is some i'm
provement and sugar is strong and active.