The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1892-01-17
FINANCE AND MINING
Lead Goes Down, but Silver
Holds Up Well.
THE ORE AND BULLION OUTPUT
Annual Report of the Clearing House-Marys
vale Matsers-Business at Home
and Abroad.

1t goes without saying that business dur
ing the week past has not been very brisk
If there is a season Of the entire year when
trade is slow, il is the two months from
the close of the holidays to the first
of March. Wholesale dealers, as rule,
report a fair trade only, but dealers in
miners supplies say their iobbing is away
ahead of that Of a year ago, due, in great
measure. of course, to the opening OF
many new districts, and the immense
amount of prospecting that is going on over
the entire territory. The opening OF the
spring will see the mining activity doubled
over its present proportions.
Real estate sales are very few ana con-
siderable distance apart. Building is not
as active as it has been owing to the IN
usually severe weather Of the past two
months, which has caused cessation OF
MANY classes of work which were IN full
blast a year age at this time. At the pres
emit however, the prospects for prosper
Gus wear were never better A year ago,
there were grave apprehensions expressed
by many, and with good reason, that the
limited snowfall meant scarcity OF water
during the spring and summer OF 1871. The
fears, however, were not realized. Ihere
was cool spring, moderate summer, and
the snow piled up in the hills melted only
as fast as was necessary, thus giving a
steady and ample supply of water during
the entire year.
This year, however, an abundant supply
of water is everywhere assured, and THIS
means bountiful crops Of every kind; with
mining prosecuted vigorously and an easy
money market, which now seems certain,
there is no reason why 1892 should not be
the most prosperous year in the entire MS
tory to the territory.
In other leading trade centres OF the
country trade is very fair for the season.
In New York, there are no unfaVorable In
dioations. In Boston business is better IL
some lines, with considerable activity IN
dry goods, new goods being opened and
selling freely. Boots and shoes improve
slowly. manufacturers having fair employ
ment, but being anxious for further orders
At Hartford, wool, hardware and groceries
are in fair demand, and dry goods dull. A
Philadelphia liberal orders are noted fol
spring materials, and while trade in Other
branches is now very light the prospect i;
considered good. Baltimore reports
healthy money market, and Cincinnati &C
tiyity in clothing, and moderate trade IL
whiskeys, with a favorable start for thi
year. Cleveland trade is good for the sea-
son, and rolled iron in good demand. A
Pittsburg the outlook seems better, pig
6SS>
demand. Chicago reports some increase IL
receipts of barley, cured meats, cheese anC
cattle, receipts of oats nearly double las
years, of -four, corn, rye, and pressed bee
fully double, and wheat three times las
years. Dry goods sales are light, though
payments are better; sales of clothing ant
shoes are larger than year ago. and none,
is in fair demand with the supply ample TO
legitimate trade. Milwaukee finds goo'
indications for the spring trade, and heaV.
snow helps the lumber business At ST
Paul trade is quiet as usual with excellen
prospects. At Minneapolis the car famine
is over and the output of -four l72 600 bar
rels, against 114,000 last year, with lumbe
sales of 1891 exceeding those of 1890 b,
1000, 900 feet. At St. Louis cold westhe
causes better trade in heavy clothing, an
other trade Is seasonable, the grain block
ade having broken. Trade at Kansas Cit
is quiet, and money in light demand. Col
lections throughout the northwest are yer
tair, though slow at most other points.