The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-06-25

New York, June PAR. G. Dun & Co. S
Weekly Review of Trade will say in to-
morrow issue: Very little of the new
( business seen, in proportion to the ag-
! gTeGate, has been caused by the war. Not
any has been discoverable by ordinary
tests prevented, however, by war. Neither
has the collapse of the wheat speculation
caused the expressive relative decrease
of shipments. for exports continue re-
markaDi-' large. Gold comes or does not
come, as we want 1t, the world 5 markets
being evidently at our command. An Of
ferlng of bonds by the government brings
out at the start bids for more Inan three
times the amount offered, While the popu-
lar subscription already for three-Quart-
ers oil the amount eXniUitS IL strong hight
the confidence of the people.
Wheat ceased 10 tan, and begins to
rise IN price because foreigners needs are
not yet satisfied. Atlantic exports for the
week are: Wheat ana flour Included j.
zi6,zI5 bushels, against l. 1881 last year;
racine exports. oil, los, against S7,0S9 last
year, and II is SOt OF a speculative char
aeter- The world need OF grain is great
CT than ever and 231,Sl7, 767 bushels wheat
and zG7 81, 4S3 bushels corn have gone
abroad already, with a week to snare
lar more than was ever exported in one
y ear After railing 10 50 cents for cash
! and az. for July, wheat rose to So for
cash and 70 for July, with foreign de-
maEd.
Corn was steady, without much fiuctua-
ton, exports being 2574, 723 bushels for
the week, against I,6t1922 last year. Of
other grain, exports nave been unusually
neaVv.
The industries at the season when stop
Da@es are TO be expected, maintain pro-
duction surprisingly. There are very few
Interruptions on account of labor and
wage scales for the coming year have
nearly All been amicably settled. The
IRON IndUStr-- is very dull in the east,
with the COMPLAINT that prices do not
rise. bGt at PIttSburg and the west the
works arc getting more business con-
Stantly, and are even competing 50 sharp
~ that prices are slightly lower for
bars. cut nails, steel rails and gray forge,
while southern iron is also oAered lower
there than at the east. The enormous
demand from agricultural regions for i'm
PIGMENTS, fencing, cars, railway equip
feature of this remarkable year. Minor
metals are fairly steady, with tin at 15.2
cents; lake copper at Ills, with %, 741
tons produced In the United States and
6,iS6 abroad in May; and lead is strong at
3-SJ. Win only moderate transactions.
Wool is a shade stronger, 100 quoted by
Gates brothers averaging 1872, against
H-d on June l, but western demands are
relatively 4 cents above prices which
manufactures will pay, excepting to fill
trade is in doubt, though with more hope
full prospects, sales OF wool have been, in
three weeks, only II, sos, 800 pounds at the
three chief markets. against 29, 5S5 100 in
the same week last year, and 23,72S.2G0 in
the same weeks of 1892. Cotton has weak
ened three-sixteenths. with excellent crop
prospects, but larger demand for goods
is seen. though not as yet enough to cause
any advance in prices Reports of dis
trlbution are generally encoura ging.
Failures for the week have been 2S5 in
the United States, against 216 last year,
ana Il IN Canada, against "A last year.