The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-12-25
TIE REVIEW OF TRADE
Holiday Purchases the Largest In
Five Years.
THE BUSINESS in WOOL
LARGE CONTRACTS FOR MON
TANA AND TERRITORY.
Pressure For Immediate Delivery
Keeping Many Establishments at
Work That Are Usually Taking
Rest at This season-Iron De-
mand-Output of Coke.

New York, Dec. PR. G.. Dun & Co. s
weekly review of trade: The weekly re-
ports show q remarkably large holiday
trade at many points the largest for
five years. Moreover, at this season when
Wholesale business usually shrin6s, the
pressure of demands for Immediate de-
livery, which results from unprecedented
distribution to consumers, keeps many es-
adjustments at work that usually begin
their yearly rest spell somewhat carrier t
Instead of decreasing the demand tor
products shows an unexpected increase in
several important branches. Foreign
trade continues satisfactory even in COM
parison with the record of a year ago
when exports exceeded SIT 600 600 in De-
cember. Bank failures at Philadelphia,
due to Individual operations, cause no dis
turbance, and commercial failures for the
month have been less than half last year 5
to the same date.
OUTGO OF GRAIN.
The outgoing food of grain is not
checked by Chicago speculation, though
more corn than wheat has been moving.
Wheat exports, flour included, have been
1858, 321 bushels for the week, against s.,
$3.50 the previous week, and l,546,443 u
year ago, and in four weeks Is. l66, S95
bushels against 9,0395S7 last year. This
years wheat movement for the half year
nearly ended he's been close to the maxi
mum received in 1891 Wheat has varied
llllle, ClOSlUS 4 CeillS nlSllGI 1OI TIC WCch
after deliveries of su. prlsing magnitude at
Chicago, and corn closes nearly cent
higher.
WOOL CONTRACTS.
Wool mills have begun buying domestic
wool heavily and especially Montana and
territory, as if assured OF large business
for the season about to open. Contracts
of unknown magnitude have been made it
is said, many at previous prices, but
others at q moderate advance. Wool is
more firm. traders having disposed Of
3,3OO,0C0 pounds territory and 55Oo,OO0
other domestic at Boston and sales at
three cities reached 1903 100 pounds
There is a strong demand for iron and
its products, beSsemer rising to $40 and
grev forge to 50 at Pittsburg. Owing
to >ssible changes in freight rates, south
ern pig is offered % cents lower.
CAR BUILDING.
A triking feature is the unusual de-
manG for the season in building cars, of
which 1000 have been ordered at Chicago
by OF e trunk line. and rails there have
advan ed to $40 in new business. with
sales he of 5000, tons for home use and
1000 for 4'exico.
Building Contracts in unusual numbers
for the season come up, also contracts
for three drainage canals at Chicago. The
Illinois steel works have eight months
business booked with more orders offered.
The output of Connellsville coke 1912
tons, is the largest for any week this year
and contracts to supply a Mahoning
made. Anthracite coal is 10 cents stronger
with colder weather. Tin is slightly weak
er owing to large shipments.
Failures for the week have been 292 in
the United States against 297 last year,
and SO in Canada against A last year.