Show 1 FINANCE AND MINING 1 1 I r Dividends on Deseret Bank 1 and Gas Stock s FEATURES OF EASTERNTRADE 1i i 1 < Bank CIearInE BnlIlon Receipts Lead and tllror Markets i JtXoalton Boom IF Trade during the week has averaged fair The regular quarterly dividend of the Dfseret National Bank 5per cent on saOOtXO was declared on Tuesday i last this is tit theTata of 20 pews share t per annum The Gas Company paid its I us ial 2 per cent dividend on the 1st this ia for the summer quarter and is at the rate of 10 per cent per annum the I company paying two 2 per cents in rammer and two 3 per cents m winter I Special telegrams to Itradtlrettt this I W eekjipoint to the distribution of a smal le volume ofgeneral merchandise than in any previous week during the year r This appears to be regarded as a natural outcome at this season and representative traders at leading cities continue to express confidence an active and profitable trade in the I t autumn The total bank clearings at 29 I cities for the week ending yesterday specially wired to Bradtfreets amounts I to 747712512 as compared with S25 401608 last week and with J74175420G in the fourth wee c m July 1885 Here 44 is a decline of 77792 0 on the week J and the nearest approach to the total in the corresponding week one year ago recorded for months The increase compared with the like week m ISSSJs but 5 033 000 pointing to the low ebb I t in midsummer trade The total earnings I togs of tent five western and noth 4 western railway companies during the j third week of July amounted to 2233 I c 000 this year 2051000 last year and r 0190CD two Tears ago The gain in lSS6 over 1885 Is but J237000 and in i 1SSC over 1SSI is 239000 Considering r k t the cut rates of one year ago and the check to general trade due to the panic I in 1SS4 the record is of a very moderate I 1 gain The customary demand for it funds is indicated by the hardening oft of-t J interest rates backed by the improved + I demand for funds at Boton Philadelphia i Philadel-phia Cincinnati Chicago Milwaukee 1 Burlington and New Orleans ii Ore and Bullion I r J The ore and bullion received at the various banks in this city for the week I I ending Saturday August 7 188G i j amounted to 10015260 against 5209 i m362 for the week past They were reported as follows Sf McOonncL < C Co a Pdscoe bullion IsO Crescent ores 13000 n Queen of the Hills ore 783600 Silver and lead ore 800000 Etormont bars 340040 r Total 2287110 By TT Ki Fargo d Co 1 Bae bullion j 51490000 Ores r 142828 Ptaeba 290G803 Geld Ur 40000 i I E Total 89513SG i By Jot lh lon National Alice bullion A 150176 3 1 By T R Jones < L Oe I Gennania bullion f 201 061 Lead and silver ores 1269U10 I Total 33 01471 Total shipments for week160452 I The base metal and ore outputfor the reek eoling yestenlay was as follows 21 cars bullion I 48193200 35 ore 101285400 7 copper 19300000 Tffect 01 the Saver Decline on Lead As indicated in our report last week l this market has been lower and quiet t The decline is solely due to the offerings of foreign lead at prices down to LID and 822 bv steamer Domestic lead Has been sold at 485 in car lots and i down tO 4 SO in larger lots bnt the business busi-ness has been small and prces are Ij wholly dependent on foreign offerings i these have been quits large both of Qercmu and Spanish amounting to perhaps2 tons and are somewhat i Urgent Cables to the Metal Exchange today quote soft Spanish at 1215 + Freights from German ports can be had at 5s How far the heavy decline in l silver is going to affect the production of lead in this country can not yet bee be-e matec but it will undoubtedly have some reducing influence fanmal I Apthetlo Horn iltrr 4 The only sign of the existent of I Horn Silver at present are the few sales of the stock made in this city No information 1 in-formation regarding the future movements move-ments of the company can be obtained I The price rules at from 250 275 I t Etehmnt Silver Still Downward 1 The price of silver still declines and i 1 has reached the lowest point yet ret i re-t I corded The effect of this steady decline de-cline is very injurious to our silver rain t t jug inteaeste but it also demonstrates that no isolated action by our t government t govern-ment hrs or can have any Influence ont on-t the price of the metal It alse emphas i i t ices the opinion held by this journal i I that all commercial nations should unite in adopting a standard ratio between t be-tween cold and River Journal I i 1 Moolton Bootainc j J Hvultoa attracting attention Another I I An-other dividend ol 29000 has been del tr de-l dared payable August 5th and it is F staid that several others ZOhII1 sight i in the treasury The reports from the i 1 mines are ass very favorable The I stock Srmat from3e WJburnall I |