The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1894-05-05

New York, May TX. II DUN @ 20. )
weekly trade review tomorrow will say:
A point of encouragement is the heavy
buying of WOOL amounting to 6,492,boO
bounds for the week 1t three chief mar
l5ets against $4,000 last year, and in
April sales Of 2l,S3S.95S pounds. against
1e, 79S950 last year. AS these sales have
Tor years been in steady relation to the
general consumption of wool, it is fair to
irfer that in spite OF the stoppage Of
some important works and in spite Of
uncertainties as to labor and as to legis-
lation. consumption wiz continue for some
weeks at least.
The enormous unsold stock of wheat,
which has made a lower average of prices
in February, March and April than was
ever AnoWn IN any previous month, has
depressed May wheat TO the lowest point
eli record, although western receipts were
only 2,USj.t5b bushels. against 2,4S6,JJU last
year, and Atlantic exports, Lis 80
against l,2iS,9lO last year. 3'ne decline Tor
spot has been snght, with no change for
july
corn yielded a quarter, exports falling
suG0enlS below, while western receipts
ne&rls doubled last years and pork pro-
Inc most encouraging sign is the
marked decrease III liabilities Of firms
taiing which We're only Sl44S,l+4 for the
ldsL - eek Of April and Ter tour weeks,
80. iGS. of when s. ~ We're of manu-
Il uters- and Si,64iJ6( of trading COLI
cerils. The amount of Liabilities at the
SoUtn was >-,3l3,6VJ against SSll0.lU3 IN
eastern ana q. b42, PSI IN western states.
The failures this Week have been Zo5 III
the United States against Is last year
As SEEN BY BRADS1REET.
New York, May 4.-Bradstreets review
of the state of trade tomorrow will say:
The amount of general merchandise
throughout The country is smaller in vol
ia nd afaVE
Tor 1all delivery are with few exceptions,
not meeting expectations. JoDbers in
leading lines at most OF the larger cities
report sales, almost Without exceptions, as
oil a hand To mouth description.
The extension Of the coal and coke
strike, accompanied by riots at Cleveland
ana MeSaba, has emphasized the depres-
Sron. The industrial situation, therefore,
has not improved.
Strikes Of iron ore miners. and among
building trades. with an extension OF the
coal miners strike, anu the almost total
cessation Of operations in the coke re-
gions, have sweiied the total number of
IDLE industrial workers TO fuzzy 2l5.UJJ.
smut downs OF Industrial concerns de
pendent on coke or soft coal for fuel are
increasing.
The price movement tops the scale with
Indian corn, oats, cotton, coffee and re-
lined sugar all lower. and wool and some
varieties of Woclen and cotton goods have
met with a marked tendency of quota
tlo2s to weakness.
Wheat scored its fifth or sixth lowest
price on record during the crop year, 60l:
at New York.
A relatively favorable industrial report
comes from Detroit, where there are fewer
unemployed.
At St Louis, four months shipments are
in excess of last year.
Transa ctions in wool have slackened
ana prices of some grades are weaker.
Stocks OF wheat in Canada, afioat for
and in Europe during April fell away
5.26g,O00 bushels, a smaller April decrease,
except in 1891, than for six years. Should
those stocks fall away during May and
June even as rapidly as for several pre-
ceding years. American afioat and Euro
pean supplies on July 1, VIII nearly. If
not quite, equal the heavy STOCKS avail
able July J. 1895. Exports OF wheat both
coasts, amount to 2,T13,G00 bushels, COM
pared with 2.727,0O0 bushels last week,
2,776.0D bushels in the week year ago.
3.95l.000 bushels two years ago and 2.3i9, 0O0
bushels in the corresponding week of 1891
San Francisco telegraphs a reviving of
general trade. Not that any less damage
is known to have been done to California
wheat than was previously asserted. Elk
ceptionally favorable crop reports are re
ceived from Nebraska.