The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-09-17

New York. Sept, .16.-R.. c. Dun &
Cos weekly review Of trade will say
tomorrow: Business is passing well
through the difficulties that attend the
winding up of a war. which are gener-
ally greater than those involved while
war is in progress. The rush of or
ders kept back while war lasted by
those who thought it Shrewd not to
take any chances. has lifted prices a
little and caused larger demand for
the time than can>continue, but though
az has passed there is evidence that the
consuming demand is very large. How
large can only be judged after some
weeks of waiting. But once more 1t
DOCKS as if hose who wait longest are
likely TO y, most.
The buSil ess of the country is ex-
banding, 50 that payments through
clearing houses in the second week in
September were 22.5 per cent larger
shan in 1892 and for two weeks, Il per
cent larger. From these and railway re-
turns, and such trade reports as are
instructive, it must be concluded that
much more business is being done than
n the best Of past years, though not
always with more. profit Wheat has
syone forward much more freely and
the prices advanced 2 cents. 1t is sup
posed that the advance is largely due
AZ lililillE QClIlduQ COIIIlIl3 upon L ndI-
row supply. Exports are large, 3,007,-
S94 bushels, flour included, from Allan
tic and 20i,0 51 bushels from Pacific
ports, and for two weeks 5,697, 800 BUSH
els from both coasts, against 1,796,S53
bushels last year. Receipts of wheat
for two weeks of September have been
14.6sSis95 bushels, against 1867, JOG
bushels last year.
The foreign demand will be smaller
and the American crops larger than
East year. The slight yielding in corn
was due rather to the government re-
port. which is not entirely discredited,
than to any change in movement, which
mas been small compared with last
year. The exports for two weeks have
oeen 4351, 3S1 bushels, against 1915. 1868
bushels last year.
With the starting of 10 furnaces, idle
month ago, not included as yet, the
weekly output Sept. l, was 213,043 tons,
against zoe, III tons Aug. l. and the de-
crease in stocks, 1893 tons in two
months. Indicates a consumption but
little below a million tons per month.
Structural work is the heaviest yet
known at Pittsburg, though smaller
than last year at New York.
Bar mills are crowded with the gen
eral railway demand for automatic
couplerS, and orders for street cars to
Japan and plate mills are crowded west
sumption is heavy and the rail mills
not yet ready to accept orders, which
they cannot deliver for months, being
engaged far ahead. Southern pig has
been sold for export 900 tons in all,
including $1,000 tons to Scotland and
orders for $1,000 tons more have been
refused. Tin is quiet at 1905 cents
and lead at cents, with copper strong
at 1232 cents and spelter at 49, in
spite of a sensational rise at London.
Heavy sales ahead have blocked the
project for a tin plate trust at present.
Important cotton mills have stopped,
and print cloths hold 2.06 cents with
other cotton goods unyielding, but
cheap materials binders operations for
those who have stocks made from
higher priced cotton.
Wooden mills represent rather bet
ter orders, although much machinery is
idle, those who have not old wool bid
ding much below the current prices.
which are so far maintained that sales
for two weeks have been only $685., 300
pounds, against Sc, 629 400 pounds last
year, and 17,015, 100 pounds, in the same
week of 1892.
1t is worthy of notice that $4,000
pounds of Australian wool was sold at
Boston for shipment to Europe, while
the mills cannot buy at present prices
except for mixture with other woods |
many insist. just as they did eight |
months ago, that the old stocks must /
be about exhausted.
Failures for the week were ia in the |
United States, against 204 last year |
and % in Canada against 40 last year.