The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1867-05-11

From, The Mrlr YorL Illdenen,r.,,,.


We regret to be obliged to report an
other week of extreme dullness in the
dry goods trade. One or two, leading
jobbIng houses NE doing an yaoti ye
business, but the rest are Complaining
bitterly. Country merchants seem to
be afraid to buy goods in the present
state OF the. market, fearing any day, a
great tumble in prices. The recent fall
in cotton, the cold rainy weather, war
news from Europe, and very credit
able disposition to reduce stock and
prerare for "hard pan prices" are the
main causes which have produced the
now will be gained, It is believed, the
coming season. Ipdeed;l If any other
than avery consefvatiye} policy were
pursued, much mischief Would doubt
less be the result.
Our manufactures, particularly in
wooden goods, are, as a class, losing
money. Mills are stopping work, and
their owners regret the large invest
ments made during the war TO extend
their business. The dizziness oftrade
reported among the jobbers is still
marked among the commission houses.
In many cases they fihdIit impossible
to realize enough from their consign-
ments to meet manufacturers accept
ances. Were 1t not for the present easy
money market, this would cause seri-
GUS difficulty, and result, probably, in
great financial disaster. We have had
for years great prosperity In trade.
Prices for merchandise steadily ad.
vanced, month after month, until the
close OF the war. Who could fail TO
make money under such circumstan-
ces? Nobody. One had only to buy
goods, even reckleSsly, in order to pros
nnFs Hn6 in "a 1nFu1 rNNn 10
more reckless a man was the more he
piled up money. Millionaires of late
have been as plenty as blackberries;
and we must expect, in taking the
downhin track the gold, prices, that
the .fmmense fortunes't will be some
whatimpaired. ~ - - -
Brown cotton goods are, as a whole,
steadily tending downwRrd. A few
well known, popular brands remain
pretty firm. Bleached goods are in the
same condition. Best makes continue
hrm, and are sold ahead; but others are
accumulating in stock and are lower.
Stripes and ticks are mnch lower under
recent peremp oryaueion sales. PIiLtl
of best makes are yet in demand ut
steady prices; others are neglected
Manufacturers hardlysknow what TO dc
with their surplus stock ofthese goods
An auction sale of importance, it is fear.
ed, ywopld result badly. Denims and
cottonades have had a break down q
two to five cents yard, and prices arr
now unsettled. Sales very limited
Printed lawns are discriminating II
stock, and are pressed on the market.
Infer or goods are, drug, anG
can only be sold at a great loss
Rolled jacOnets are weak, bul
arei In steady demand. Muslin
de LANES are down three cents yart
and close heavily. Cloths and cassi
meres are heavy, selling only in small
lots. No important demand yet from
the clothing trade for the fallJ cDrilll
are weak but are held more firmly
than many other goods. Carpets arr
in active demand atunchanged prices
new spring styles are wanted. CottoG
bags arelower. Corset Jeans ateisellin|
to fair extent, but prices are weak
British goods are generally selling at I
great sRcrthcej and can only be disposed
of at auction. French and Continenta
fabrics are very irregular in price
Some few goods are scarce, as is Away
the case In this market, and they brinl
a good price; while others are hard t
sell at so cents on the cost.
Collections are better from the coun
try and our merchants; rs a class, an
In sound condition, While they ar
losing money, a large majority of then
are able to discount their paper or buy
entirely for cash. tEEYTI lsEA ~ )