The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1879-10-23
Rus1NEss MArrEns.

BALTIMORE ( ONO stock sold yesterday
: at l51 and 1921.
NAILS are active and firm at Chicago at
s. 20 rates.
HAVEN'T been 80 busy since the war;
is the password Of the iron men up al
Pittsburgh.
The sales of wool at Boston last week
were three million pounds and manufac.
turers are purchasing freely.
TIE speculative boom in New York
still goes on. Yesterday was a great field
day. Nothing like it for years.
In loading cars few years ago the rule
was one ton to wheel. Now it is two,
and on some roads two and one.half tons
to wheel.
"LAsr year." says the Pittsburgh Ttle.
graph, "about 1900 Geographic messages a
day were sent or received in this city;
now there are 1000 day.
The business revival has crossed the line
into the Dominion, and Montreal reports
that her wholesale trade in all departments
was never better than now.
INseyeral Of the larger factories Of Phil.
adelphia travelling salesmen have been
called in, as the establishments have all
the business they can attend to and their
facilities are fully taxed by the orders now
on hand.
ADvICEs from leading Western cities re.
port great activity in general business and
large distribution OF merchandise to int.
riOr points. This is particularly true Of
Chicago, whose merchants are now sell.
ing to traders OF the far West and North.
west enormous quantities Of assorted mer.
chandise. One reason for this activity in
trade is that the farmers there are getting
81 pcr bushel at the railroad stations for
their wheat, the highest figure obtained
for long timo. The advance in other
produce has also been large.
The record Of clearinghouse transac.
tons continues to show a growing vol.
ume Of trade as well as an advance in pri.
ces. The record for October II, as pub.
lished by Tie Public, shows an increase OF
IS per cent in nineteen cities over the cor
responding week last year. The gain in
New York was 74s per cent, large por-
ton Of which was due to speculation in
stocks. The Public estimates the increase
due to other business at nearly So per
cent. The gain outside OF New York was
10 per cent. But excluding San Francis.
co, where there was loss OF 500 per cent,
the gain outside Of New York was nearly
307 per cent. The heavy falling off in
San Francisco was doubtless due In great
part TO the effect OF the anticipated legisla.
ton under the new constitution upon
the business Of dealing in mining
stocks. The gain in Chicago was
SS,2 per cent, or considerably more
than the average gain exclusive OF
New York and San francisco. The largest
gain, WAS 76.A per cent, in New Orleans.
This is an extraordinary gain, notwith.
standing the fact that business was I'm.
usually depressed in October last..year, and
1t would seem to indicate that there is
some prospect of defeating Interpolation
provisions Of the new constitution, upon
which the apeople-at least those Of them
who carry shot.guns-are to vote on the
Cd OF December. The manufacturing cities
do not make 60. good o showing as the
commercial cities. Pittsburgh gains only
II per cent, and violence less than l per
cent while Lowell loses seyen.tenthssof l
per cent But for all that, it is . well
known TACT that the manufacturers ofthis
country are now more tlouFishing than
they have been tany previous time since
the collapse of 1873. The gains in ex.
changes are largely due, no doubt, TO an
advance in prices; but there Is reason to
believe that they are mainly due to in
crease in business.
ASoruEs evidence Of prosperityis 10 DO
found in the comparative statement Of
failures, Tho report Of Dun, Barlow (
Co. shows 1889 failures, with liabilities
amounting 10 SIG, 275, $50, during the third
quarter Of the current year, against 2, 1853
failures, with liabilities amounting TO $6e,.
SIS, S6S, during the third quarter Of last
year, There were two and aquarter times
as many failures, and the liabilities were
more than four and quarter times 40
great, during the third quarter OF
last year than they were during the
third quarter Of this year, II Is true that
during the third quarter Of last year fail.
Iires were unusually numerous, because
people were taking advantage Of the last
days OF the bankrupt act But compari.
son Of the returns Tor four years shows