The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-02-22
BRADSTREET'S REVIEW.
BUSINESS OF THE COUNTRY DU.
RING THE WEEK.
Emergency Bond Issue Has Revived
Confdence-VVOoI Continues Weak
"A Glance at Affairs Abroad
Sugar Il Little Stronger.

New York. Feb. 21.-Bradstreet's on
Saturday, will say;
General trading during this, a. short
week. has been more irregular. The sue
cess Of the latest emergency bond issue
has revived confidence in the general fin
ancial circles. Iron and steel are no more
active, recent advances being barely
maintained.
The outlook in the soft coal industry is
more settled owing TO efforts to form
pool, and steadier prices and wages are
expected. Prices have not reacted mate
rally, concessions in quotations in cattle,
lard and oats being the only losses to
note; Cotton goods, it is true, have been
barely steady, but hogs, nork,, cotton,
iron and steel remain firm while prices
for wheat, corn, coffee and refined sugar
made fractional advances during the
week.
Prices of wool continues weak, about
100000 pounds of Xxx and above having
been picked up by manufacturers below
u cents.
In dry-goods, foreign dress woolens are
relatively more active, jobberS' supplies
being taken about as fast as received.
Cottons are quite dull, buyers being 1sc
lower in their views than sellers. Milder
and brighter weather has stimulated
sales by retailers and jobbers somewhat.
Exports Of wheat from both coasts OF
the United States Seattle telegram miss
inS), are naturally smaller than usual for
amounting to 1.0S0,970 bushels, against q,
572, 600 last week; 1,730000 in the week a
year ago; 2,546000 two years ago, and
10000 three , years ago. Net railway
Gross earnings of 1873 railroads for the
year are SS67,62S,6sS, and net $267, 073S72. a
decrease respectively of Ill and lis per
cent. from 1894.
In 1893 a similar comparison showed a
decrease of 1.6 per cent. in gross and "a
per, cent. in net. The best showing is
made by the eastern railroads, which
show the only gain &.5 per cent? over
1893, OF the roads showing decreases the
best exhibit is made by the southern
roads, decrease of less than per cent
The Southwestern and Pacific roads made
| the poorest shoWing-25.S and 1873 per
cent decrease.
Financial Review.
New York, Feb. M.-Bradstreet's FL
nancial Review for this week viii say:
The disposition to wait for the conclu-
sion of the bond issue and its effects was
even more marked this week. Specula-
fact dwindled away to nothing and the
only apparent interest was confined to
some bearish manipulation in the high
priced stocks. AT the same time the rest
of the stock list showed a firm undertone,
which was not shaken by the threatened
success Of the silver men In the United
States Senate, or by the news that a
small premium was paid for gold not
wanted in connection with the arrange
ments of the bond syndicate.
The trading for the past week has been
entirely professional. Outside interests
were at the lowest ebb and though Lon
don has taken kindly to the New Yam
KEGS" as the four per cent bonds are
dubbed in the jargon of that market it
has shown no disposition to interest it.
self in our railroad stocks.
| The Industrial stocks have been
! strangely neglected. Sugar has shown a
| little stronger tendency. American To
| bacco has had another break and the
| transfer of the control of part of the
| Chicago Gas properties to the new par
ties and rumors that a floating debt has
! been unearthed were both without influ-
| ence on that stock.