The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1892-01-03
FINANCE AND MINING
Lead Continues Steady; Silver
Vaciilates Slightly.
THE ORE AND BULLION OUTPUT
The Outlook, Financially, for the New Year
News From Many Utah
Mines.

There has been but little change in the
business status of salt Lake during the
week closed. From reports received from
ether cities and towns both east and
west. however, it is fair to presume that
cur holiday trade was equal to that Of any
otLer place, population considered. At
Jnis season of the year, as usual, gen
Cral trade is light merchants being
engaged in taking stock, and otherwise
"a a. a knowledge of the business done
curing the year just closed The volume
Of trade, according to good financial
authorities, measured by clearings at the
various cities outside of New York, was
per cent more than last year for the
first half OF December, and latter reports
show an increase of about per cent. The
movement of products continues extraord-
mary, all roads eastbound suffering from
car famine caused by the avalanche
of freight offered. But this very
blockade is proof that an enormous bust
ness is in progress, and the marketing OF
products prepares the way Tor larger dis
tribution of merchandise.
Reports from other cities show less COM
plant as to collections, and large trade In
progress. Boston reports quiet wholesale
trade in dry goods, but retailers are dong
q big business, and shoe manufacturers
still have orders to keep them busy. At
Hartford most branches of trade are quiet,
and collections dull, but at Baltimore trade
in clothing, dry goods, and boots and shoes
is good for the season. AT Philadelphia,
the iewelry trade is unusually busy, the
grocery trade light, but equal to lS90's,
trade in tea, coffee and sugar fairly active,
aud in chemicals quiet and steady, while
raho orn of s
Pittsburg trade is unusually good in all
lines, with iron and steel manufacturers
more hopeful, aud the glass trade fairly
good At Cleveland wholesale trade is
good, though the shoe trade is dull, but
holiday business brisk, exceeding lS9O's.
General trade is good at Cincinnati and
prospects very fair, cigar makers exceed
ing 1905 work. At Chicago sales aud
collections of merchandise exceed 1905, in
spite Of soft country roads. and the holiday
trade was phenomenal. Money is easy and
demand good. At Milwaukee, open
weather and bad roads retard trade, but
the holiday business excels last years.
though traders in country towns are SUI
fering. At ST Louis mild weather also
checks trade, but holiday business is very
large, and trade in clothing, shoes and
other seasonable goods above the average,
and money is easier. At Kansas City holt
day trade is brisk, though the blockade al
fects receipts of cattle and grain, and
other trade is fairly healthy. AT ST. Paul,
in spite of unreasonable weather, iobbing
trade is good and retail trade very active,
and ct Minneapolis the cut of lumber for
the year is 450, 600, 600 feet, the output OF
-four 201, 900 barrels against lS9, 600 in 1890
and the general feeling confident. Al
Omaha trade is good, though money is
close Southern cities report less cheer
fully, the low price of cotton causing dull.
ness at Memphis and Galveston, and alsC
at Savannah. But at New Orleans bust
ness is more active and larger in volume
though cotton receipts are heavy and sugar
is fairly active, with money in strong de
mand.