The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1894-06-09
As VIEWED BY BRADsTREET.


AS VIEWED BY BRADSTREET.
New York. June S-Bradstreets tomor-
row viii say: Nearly all the unfavorable
business conditions OF the past three
weeks continue TO Exercise an influence
The few exceptions where improvement
is noted are of practically local import
ance Retail trade 1t many centers has
been interfered with by unfavorable
weather and by further restrictions of
the purchasing power of thousands of wage
carriers by further industrial trouble, or
by shrinkGge in products.
Business failures do not increase mater
ialiv in number or Importance, the total
being POI compared with lS3 last week;
29S in TIE week a year ago when the
commercial and financial disturbance was
beginning II make itself telt- The see
saw of prices Ups in the opposite direction
this week, most strlklngly in cereals, oats
having advanced 592, wheat SIS, ana corn
J1s: potatoes are 20 cents higher, pig iron
is up sharply at st. Louis and live stock
at Kansas City has advanced.
CONSPICUOUS decreases in the price of
STAPLES reported are in leather and wool,
due to heavy receipts OF the new crop.
At large eastern centers there is no i'm
provement in general business. New Eng
land cotton mills continue TO produce in
excess of demand. There are evidences Of
Improvement reported at the west AT
louisville there is more demand for gro
ceries, but leaf tobacco is quite active,
q good business being reported. There is
in Chicago, although the interior mer-
chants tributary 10 that market have not
begun to buy in advance of actual needs,
and, on The other hand, the spread of
the coal strike has checked business there.
Available wheat in the United States,
Canada and afioat decreased more than
10000, 600 last month. against an average
decrease in the month of May in the five
preceding year of about 100000 bushels
each. Five months decrease of domestic
and Canadian wheat stocks 1894 is "A
high average compared with like proper
lions of five proceeding years. Nowith-
standing these exhibits Bradstreet's re-
turns point to an accumulation in the
Emitted States and Canada of S0O00000 Of
wheat June l. only S50o.000 bushels less
than on June !, a year ago, and twice or
three times as much as was so held on
June in several preceding years.
Special kilograms fkom leadiisg trade
xenters throughout the Canadian dominion
have continued to grow somewhat un-
favorable from week to week within a
TIE number of business failures in the
dcminion this week is 81. against 36 last
week Sc in the week a year ago. and "a
IN tie week year before that
BRADsTREETs FINANCIAL REVIEW.
New York, June S.-Bradstreet's Finan-
cial Review tomorrow win say:
Speculative activity has been on slight
1y Increased scale. Narrow conditions
however, continue TO surround the market
and the want Of any general interest IN
The professional element in Wall street
and other cities seems to be still reSpon-
sible for the bulk of the transactions in
The share list though this week has pre-
the part of some of the larger spectators
The extensive short interest has furnished
material for a fairly general Improvement
ia quotations, based on the adoption of the