The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1877-04-27
BUSINESS NOTES.

OSllAls StEeet RalIhhI stSCh ~ OueI-
iag a; 60 cents on the dollar in town.
Owing to the fact that some OF the
subscribers to this stock are in ar.
rear, for their subscriptions, the com.
pany are offering loan in this mar.
Eet They have lssuei 81, 900 irst mort.
gage bonds at 2.IO per cent. interest
and $4,000 second mortgage at 8 per cent
.aterest. OI this loan, $1,000 OF the first
mortgages we're placed some time ago
lad there remains $1,000 first mortgage
and $4,000 second mortgage. The bonds
are offered at par The road and equip
4ent cost about $4,000, and tLtse bonds
are mortgage upon it.
C. W. Brockunier, E4q. who is travel,
,ag in the East, finds things very dull in
tue glass business.
General business -sems to be doll in
Tue region oi Charleston, judging from a
paragraph in the last Courier.
We were speaking TO a commercial
traveller the other day and asking him
how trade was. He said he could hardly
give goods away; he says when Maiden
- dull (which is something unusual) II
Is dull everywhere else. Everything
aeema 10 indicate dull times here
The Nail market ia discussed as follows
By the Pittsburgh NaautdctprE OF yes.er.
day
The general position OF the market
ramalns substantially Gs noted in our laat
report. Business continues quito active
buyers apprehensive OF an advance, con
inue TO buy pretty freely while makers
IN view OF the fact that current rates at
lord little or no margin OF profit, somt
claim that they do not more than cover
actual cost OF production, are indifferent
shout selling. As noted in these columns
Of last week, there is a general aversion
On the part Of makers to selling large lots
'one OF them are refusing to sell except
80 supply immediate wants Of regular
rGstOmers, and the market il firm but
Unchanged"
'oHcernlng the termination Oi the
'Irike among the window glass employees
at Pittsburgh the Manufacturer remarks
as follows:
The most important matter we have
10 record is the ending OF the strike, the
galherers and blowers having agreed tc
resume work at the old rates, and those
factories stopped in consequence oil the
strike will be started up at once. Oui
manufacturers all have very fair stocks
but many OF them were short Of smal
ilzes, and experienced more or less diff
Guilty in filling assorted orders, and in moi
few instances they were obliged 10 bor
row from one another. Trade is back,
ward, as compared with what 1t should
be ut this season ofthe year. No change
IN card or discounts, which We continue
10 quote at 20 per cent of by the car.
load, and GO and 10 to 60 and 20 for small
r. lots"
A reporter oi the Dispatch has beef
visiting the hotels in Pittsburgh with 8
view OF ascertaining their experience it
the way Of : revival iu trade. The pro
.pSietor OF the we'll known Monongahela
House reported az follows; cuisines.
itthiS house has improved little this
'pring, but it is not by any means as
good as in former years, say from 1872 tc
1915. In response 10 the question, "DoeG
o0t your bad business date from the panic
ot 1887 Mr.. @. replied that the panic
lid not begin TO be felt by hotel keepers
ioE year after it had wiped out men in
other business. The late reduction of
rates, at this house, does not seem 10
haze increased it's patronage. The fact
g many OF the old patrons of this
house, country merchants for iuatance
are now stopping at the second and third
class hotels. Before the reduction OF 25
per cent In the rates this house was do.
ING business OF 100000 year, and
u rs doing no more than that now,
Hence the cash receipts are $4,000 per
~ TMAum less than before the reduction.
me reduction in the running expenses
"'n not amount TO much. Dining room
u'eh who formerly received So per
H,n u,Vu'n ana ehambermaids who we're paid
'lV per month, refused to stand a reduc.
.'oh ol ~ per cent. 1t is fact there.
loFe' tha! the reduction in rates was sl.
Tended with heavy loss. The numbsr oi
quests registered al the house since 4nriI
lstis 1850" ''s '''''e AP'''
The most Interesting experience Wa.
lhatgIyen in by the Superintendent Of
'ae Union Depot Hotel. This house mads
reduction in its rates lev mop,bS soo
to s. per day from So so. They alan %, o.
duced the force Of employees and their
"ages, and claim that they are now mpk.
ing more money than they did before tbp
reduction. "They say great change bp,
come over the men who travel. Where
'ney formerly would register, take rom
anu Keep 1t all day, they now 20 10 tba
"f'h,room, which Is free, after which tbsv
,aNe breakfast, pay for It, and 20 ont 10
san'aes their business. They seldom re-.
'l'h to dinner, taking CHEAP lunch
,o@ewhese, It Is supposed, but are bacs
70 supper. Thus ihe house onlv So,, -
p.lI ior TWO meals where they for.
@ttly got out OF the same customer ths
PF,Ce OF three meals and room TSs NJ
'eGueIIOn in rates, however, has brorsh, ~
sass ot patrons who formerly stnnnsJ
he cheaper houses. Included IN ibis
VET" are the CONNER ciAl travellers a