The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-09-02
Astonishing Feature Is the Magni-
tude of the Demand.
STILL ON THE INCREASE
LARGER EMPLOYMENT, BETTER
WAGES FOR WORKING FORCE.
Sales of Wool During the Past Week
Have Been Moderate-Wheat Has
Declined Because of Better Re
ports From the Northwest-Fall-
ing OF In Failures.

New York, Sept. 1-R G. Dun &
Co.'S weekly review of trade will say
tomorrow: The astonishing feature is
the magnitude of demand, rotwith-
standing prices which would ordinarily
check it. In products directly con-
sumed by individuals. the larger en-
ployment and better wages of the
working force gave explanation Eff
forts to meet the demand call for more
stores. manufacturing works and ma
chlnery and facilities for transporta-
ton as II every mans wages were in
part diverted to build up the nations
machinery of manufacturing and dis
tribution. The occasion promises quick
profits, the building is largely for the
future and it goes on in spite of IN
usual prices.
Bessemer pig, again raising the price
for that and anthracite to 500 so. south
ern foundry TO $500 at Pittsburg, with
heavy sales; grey forge to $40 and
southern at Chicago to S20.65 with ic-
cal coke at s21. Structural shapes were
advanced S. per ton week ago. cut
nails 70 cents per key this week: plates
81 per tom; common bar iron to $1S7jb
at Pittsburg and tool steel to cents.
pipe and good orders for bridges at
Chicago. Few works can promsia de-
livery before December, and most of
the heavy contracts placed have been
for next years delivery
Recent advances in boots and Shoes
and leather do not prevent large bust
ness, and hides have slightly risen at
Chicago. Shipments of boots and shoes
from Boston, 81 per cent larger than
Tn Vpr-a or
cent larger in August than in any other
year, and "A per cent larger than in
1892. Buyers press for early delivery.
Manufacturers refuge many orders, and
some already have contracts farther
ahead than they wish. Leather is a
little stronger. with heavy business.
Sales of wool have been moderate, g.
32S, 200 pounds for the week, and for
five weeks ~ Cos, $50, of which 35.459, $50
were domestic, and when the last great
speculation was in progress. sales in the
same weeks of 1895 were 81, 500, 292
pounds. of which 39,11S,9S7 We're iomes-
tic. Some hesitancy in buying by man
ufacturers is attributed to current
prices, and in quarter blood washed
fleece and unwashed and combing light
some concessions have been made, so
that the average of 100 quotations by
Coates Bros. is about 20. SO cents against
20.4o Aug. l. Mills have strong demands
for goods, and the clay worsteds have
further advanced. In cotton goods the
demand exceeds the supply, and many
kinds have advanced, although the ma
terial has declined
Wheat has declined. mainly because
reports of injury in the northwest have
been discredited, and the exports from
the coast for the week have been g.
010.010 bushels, against 2.7S5,759 last
year, and for five wesks, 16,114,650 BUSH
els, against 16.S15,S39 last year. The
western receipts have been 1881, 474
bushels, against 20,S20,595 last year, in
dioating in recent weeks some DISPOSE
ton on the part Of the farmers to hold
their grain.
The enormous exports of corn-20, S02,-
129 bushels, against 10999,595 in the
same weeks last year. and the western
receipts, 1922 100 bushels, against 49,
62O, 1877 last year-are not to be forgot
ten and have caused decline of cent
in prices.
Failures for the week have been 141
in the United States, against III last
year and twenty-five in Canada,
against twenty-five last year.