The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-11-28
DUN's REVIEW OF TRADE.
Business on the Whole Said to Re
EnIarging.

New York, Nov. Pr. G. Dun & Co.
will say tomorrow in their weekly re-
view of trade.
When the rush of orders after cleo
ton slackened many began to think
business dwindling, but subsistence of
| deferred orders is not decrease in bus
mess. Disappointment is observed in
the iron and steel industry because
various combinations have been and
are still retarding orders by prices
winch buyers believe cannot be main
tanned, and the same is true in boots
and shoes and in few branches of
textile goods; but business is, on the
whole, enlarging and employment of
many more hands will extend purchas-
ing power. The settlement of the
window glass controversy starting
many thousands Of hands and the col
lapse or Sofae important iron combina-
tons with the same effect give prom
Use OF more business. Broadly speak
ing, the gain has been greater than
anybody expected and ii is not sur
prlsIng II small part Of il is. in excess
OF the present consuming demand. Re
ports from all parts of the country
show clearly the enlargement of trade
not at all points to the same branches
but evidently helped by a more con-
hdent feeling. Monetary djficulties
banks with an uncomfortable lareA
supply of idle money are hunting boz
rowers as the borrowers were recently
hunting lenders. Enormous gains i,
bank deposits-$37, 900, 600 in two
Weeks-lndicate something of the
amount OF funds recently boarded.
Wheat has risen over 6 cents for the
week, without material change in for
elsn advices, which have been on the
whole less stimulating. Corn has svno
pathized with wheat only a little and
IS coming forward freely. The most
important factor in the wheat marker
is that visible supplies do not gain as
much as has been expected. Cotton
has gained only sixteenth of IT'S CON
siderable decline and the remarka bIv
heavy movement puts the SPECTATORS
for an advance in constant difficulty
and yet there is all the time to be re,
membered the fact that the crop was
nearly one month earlier than usual
and the present excess over last years
movement may be materially reduced
hereafter. Nevertheless, the fact an
pears that northern mills are taking
much less cotton than in previous
years and the demand for goods is
evidently disappointing. 1t cannot ne
said that prices in this department are
the hindrance, for even with racen+
reduction in quotations, the bales of
Sld1le coltoliS are comparatively small
Wool is still bought largely for spec
ulation and earlier purchasers are
holding, but the mills are not yet doing
much more than in October A few
more have been started, but there is
scarcely any demand apparent for
staple goods. The boot and shoe in
dustry is still hindered by the general
refusal of dealers to pay the advanced
prices demanded by manufacturers.
for tho lir1,ita6
are Immediately required, and while
most manufacturers are working on
orders taken weeks ago at lower prices. |
which will keep them busy for some
weeks to come, very little new business
is coming in. No further advance of
has been made in leather,
and the market for hides has sharply |