The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1867-10-12
COKHBRCIAL AND FINANCIAL.
DRY GOODS.

The trade of the week has been dull,
owing in great degree TO the scarcity
in money: and the consequence has
been giving way of prices, which will
probably not be recovered. 4. L.
Stewart & Co., who have generally been
the first to put down price, reduced
their prices on American prints about
one cent yard; and, as these goods
have been the finest on the list, and
have helped to sustain the market, the
other kinds OF domestic cottons, OF
course, Immediately responded by de-
cline in some cases to the extent of two
cents and half on certain styles OF
brown goods. There is nothing re-
markable in this fall; for, while the
raw material is daily declining in price,
nothing but very lively demand
could have sustained prices for the man
ufactured article. The business OF the
week has been much lighter than it
ought TO have been, and no doubt con-
siderable disappointment has been ex-
perienced but no cause for alarm e1-
lists, for the jobbers are not heavily
overstocked, nor Is there anything like
an unusual accumulation of goods in
the hands of the commission houses
and manufacturers agents. And then
the lightness of trade at the present
times insures a continued demand later
in the season than usual. The press
ure in the money market was at its
after greater ease is confidently antici-
pated.
In most descriptions of brown sheet
ings a fall of at least one cent a yard
has taken place, and any pressure to
sell would lead to a still further de-
cline. In the lighter makes OF I'M
bleached goods the demand is not so
good as in the heavier qualities. In
bleached shirtings and sheetings there
is less trade than in brown goods, and
prices have declined from two to three
cents; and this yielding of prices has
not had the effect of inducing larger
purchases. In drills, corset jeans, dem
inns, and cottynades the demand is
only moderate, and prices are not firm
ly smaintained- Ginghams are more
active, and cambrics, rolled jaconets,
and silesias are in moderate demand
without material change of price. Mus
lin delaineS of good styles maintain
their prices, but the demand is slack.
The stock OF shawlS has become very
large, and prices of the better kinds
have been reduced. Italians and sea-
sonable wooden cloths, except the bet
ter kinds OF coatings, are not so firmly
held as they were. Flannels keep up
their rates, but the sales are limited.
Blankets are in good demand at the re-
vised rates, bull sales are not So large
as might naturally be expected at this
season. Linens, of American manu-
They are less liable to huctuation of
prices than any other description of
| domestic goods.
No change of importance is to be no.
ted in foreign goods. Prices Of meri-
nos and dress goods are n shade lower,
and transactions in them are perhaps
| less in amount than they were last sea-
son. The importations and withdraw
ais from bonded warehouses are still
large, and the auction rooms have been
well supplied during the week with all
descriptions of goods. The attendance
has been good, but the sales have not
been encouraging to importers. 1t is
probable that a revival may take place
this week, If the alienation in the
money market should be as great as
has been anticipated.
1t is an event worth noting in this
department Of our journal that MIR. A.
T. Stewart, the leading dry goods deal
er of America, if not of the world, re-
turned in the Scotia last week, after a
three months absence in Europe. The
return of Mr.. Stewart occasions some
what more of a sensation from the cir
cumstauces OF his sudden death, in
Paris, "a fortnight since, having been
reported Independent, l0Lh.