The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-07-16

1t may be out of place to print in
this column the appended; perhaps it
more properly belongs in the political
portion of the paper, but as it pertains
TO business, in conjunction with poll
tics, and this department of The Her
aid has to do with mining and bust
ness, it may, after all, be admissible
Robert Lindblom & Co. are among
the heaviest commission brokers in the
city of Chicago. The head of the firm
is very wealthy man and director
in the Chicago board of trade. What
Lindb1om says in relation to business
Of any kind is regarded as law and
gospel by all who know him. no matter
whether il relates 10 the price of old
corn or matters of political nature.
He has been in bushes in Chicago for
twenty-siX years and there are few
people who do not have a general
knowledge of the stability and stand
ing of the firm with which he is con-
nected.
In the last circular issued by the
firm, after commenting upon the out
look for crops, the price of pork, lard
and short ribs, he says:
Wall street is evidently pleased with
Bryan's nomination, for stocks are
higher all around, and even provisions
are higher. Oats scored a. real adj
vance. Cash oats are at a premium
over September, and yet we are afraid
TO buy September oats at prices way
below panic prices. The same may be
said abour corn. July which was H.
below September, is now within g of
it. The world has the nightmare and
its reason has fled to the woods, where
the editors OF the great dailies now
abide. Products must be put higher or
there will be too many silver cranlls on
the DrairieS in November 1t might
be interesting to see how it looks now.
Bryan is very sure to carry Alabama,
Arkansas, California. Colorado, Flor
ida, Georgia, Idaho, Indiana. Kansas,
Kentucky, Louisiana, Michigan, Mis-
sissippi Missouri. Montana, Nebraska,
Nevada, North Carolina, Oregon, South
Carolina Virginia, Washington, West
Virginia, Wyoming, Utah. Total. 235
enough to elect him. He has show in
Illinois, "a, Iowa, 13. Maryland. s. Min
nesota, 9, North Dakota, 8, Wisconsin,
u, and everything west of Ohio has
been given to Mckinley very literally
Good generals should not be too conf
dent
This expression, coming from man
who handles stocks of all kinds. gov
eminent bonds and all manner of Sc
curities, shows that straws sometimes
indicate the direction of the wind.
Mining news was not as brisk yes
terday as one could wish. although the
several firms and companies in the
city report that there will be consider
able activity after awhile when mat
tiers relating to politics have settled
down. The reports from ali over the
country indicating slump on the part
of the PODulists for BRYAN are having
a good effect, while the news CT an
overflow meeting in old Faneuil hail.
1.-The Cradle of Liberty" in favor of
George Frederick Williams. the silver
delegate from Massac husetts, is looked
upon by men interested in silver as a
good omen Silver men here generally
believed that when Williams returned
home he would be greeted with de-
cayed eggs at the hands of the gold
bugs of Boston. but the Associated
Press report although wonderfully alb
breviated, was so succinct in character
as 10 leave no doubt that the leaven is
working
Not only is this feeling prevalent
here. but in the east people are coming
to think that silver is all right. A
ledCiHS DIOhST Oh the city. who at
present does not care to have the inside
particulars of the transaction men
toned told a reporter yesterday that
he had received an inquiry for some in
formation as TO good silver investments
from a party in Portland, Maine. and
one from Albany, New York. since the
nomination of Bryan. He declares that
the writers of the Communications had
admitted that it was conceded among
the sensible people in all the eastern
states. that whatever might be said of
the situation by the ultra gold men
that the cause of the white metal was
going to triumph at the polls on No
vegnber 8. and they wanted to get in
ION the ground floor"
The news from the Populist conven-
lions in South Dakota and Nebraska
had a good effect, and in the general
good feeling which followed the an
nounceqnents. the action of Warren
Foster, the Populist candidate for con-
gress in this state. in declaring that he
was going 10 work for Bryan. was very
favorably commented uDon and Foster
can wake up this morning knowing
that several hundred people here have
endorsed his course. Although these
matters have more relationship to
politics than to mining. strictly speak,
ing, all are having effect upon those
who are Interested in this great indus
try, and If the ground swell which can
now be heard over the United States