The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1881-05-28

reached on wednesday and Thursday,
Corn Is neglected by both shippers and
speCulators, A smaller stock than usual
makes operators cautious, for fear OF pos.
slble corners, Coffee, after many weeks
ot depression, has experienced decided
Y recovery, and quoted prices show an ad.
4 vance Ot u itVm the lowest point, The
= business is not attended with any excite.
: ment, which fact is regarded as Indicating
q solid improvement Sugars are Arm,
, and for qualities Of refined goods moatly
distributed from this center prices are to
10 higher.
The cotton season Is drawing to close,
. and Notwithstanding the crop Is larger
| than was generally expected, there Is O
good inquiry for staple flE both export
and spinning at advancing prices, The
lower grades, which have bsen particu.
} laTly depressed, show q more decided ad.
vance, The speculation indicates that
there will probably be q sharp turn for
May deliveries before fual settlements are
made. Refined petroleum ia held with
more confidence, and no contracts for ex.
port account can be made except at an
advance on previous figures, The mOtal
trade 10 quiet, with no material change to
note In business.
CROP PROSPECTS AND TRADE AT CINCINNATI.
CINCINNATI, May 27,-The weather
during the past week has been uninter.
ruptedly warm and clear. There has been
no rain for nearly two weeks, Apprehen.
sions of damage to the crops from the dry
weather begin to arise. 1t Ia too soon 10
judge OF Its effect on the growing wheat,
but II checks corn to some extent.
Financial circles have been quite weak
In ordinary business, but In securities
there has been decidedly brisk demand.
Prices are almost beyond belief. For In.
stance, Cincinnati iours are quoted at
l05, while skies sell at l05 Deposits ale
increasing, discount rates are ilrmer, there
10 lighter demand for loans and the gen.
eral indications are that the general trade
has reached a normal dullness bslouging
to this time OF the year.
Dry goods hitherto have been an ex.
Ception 10 the general rule. The dullness
begins now to show falling of, though
The dealers are hopeful Of an early and
prosperous revival.
Wholesale clothing sympatnizss to some
extent with dry gods, the summer de.
mand not being sufficient 10 make up for
the loss OF trade caused by very extended
winter, besides an unutu, ,lly busy period
with the farmers has q telling effect GU the
Gales TO country dealers.
Iron has been dull, and sales OF pig are
now made at decline OF one dollar pc
ton. Dealers report an active buying
season, which necessarily brings pros.
pect Of stitfeniug In prices.
Grain has. been quiet and weak, and
wheat, corn aud oats advanced, the lat.
Ter materially, but the stock has been
light and transactions not large. Provi.
aions weakened gradually to the extent OF
making buyers aud sellers cit still. Prices
do not fall rapidly, but transactions are
light Railroads begin TO fiud improve.
ment In freight, and manifest increase In
the passenger business. The summer
movement begins earlier than usual.
TUE FOREST CITY.
CLEVELAND, o., May 27,-The petroleum
market continued quiet the past week and
prices are steady and unchanged. The
volume Of railroad business is large. There
is scarcity Of coal and ore cars, and
freights are lrmer than formerly. There
are no changes TO report In ore snd prices
remain as before; Inquiry is only fair;
pig iron dull prices weaker, and the gen.
eral feeling here is that the ore production
must be stopped before there can be an
appreciation In prices. Manufactured
iron Is quiet and sold at concessions from
card. Nails are In fair demand and prices
for the best brands are fairly sustained.
Metals very dull.
TIE WEEK AT CHICAGO.
CHICAGO, May N.-'rhe business week
so far has been satisfactory and active in
banking circles. The clCsriDgs will be
over $50, ,OO0, 900, a handsome increase over
year ago. Money has been plenty and
rates firm at 5R7 per cent for A No. se.
curity. Eastern exchange weak at about
80 cents per 81, 900 discount. The weather
has been favorable for trade. Jobben re.
port good orders from tie city and couu.
try, the latter being largely by mail.
The staples, dry goods, baRging, carpets,
millinery, hats, manufactured clothing,
furnishing goods and groceries are meet.
ing with steady but not unusually heavy
demand. Sugar is dvanCing steadily, but
coffee has experienced decline
and Is still weak. On Change
there has been considerable ex.
element consequent on rapid fuctua.
atioDs. There has been a heavy BpeCula.
tive movement, approaching In its feet 10
. corner, but II iB not possible to discover
whether there iB any combination or not,
The weight OF evidence seems 10 favor the
view that the market is advancing leglli
tnStely, on what are supposed TO be eta.
tisticaI facts, and by the logical prospects
for the future crop.
There have heen many stories, inClu.
ding one that Jim Keene Ia bossing the
coil, and one that Armour Ia bulling II,
lThearRuments Tor q rise are the lAteneBsoi
the season, and the Bteady heat which,
even thus early In The season, gives prom.
ise oil future drought
The helieI Ia that wheat is pretty well
out Of the farmers bins. Shipments OF
wheat are being made regularly and aie
heavy In amsunL Returns from the
wheat regions are col aiclinR 40 usual,
but 30 Jar there Ia no indication oil The
failure oil the crops In any quarter. The
dry weather ls the only thing TO be feared
and that will be The chief cause for high.
er prices II there will be any. The fiss
ior the week was over eight cents on
July option, and the reaction was com.
pafatively email as TO other cereals.
EXPORTS AND IMPORTS.
WARRINGTON, May 27.-'The excess Of
exports over imports for the twelve
months ended April 80 1881, VIVA $685..
Ol3 DBi, and for the twelve months ended
April 80, 1880. $i7S. 400 2lS.
RXP' R1s or FLOUR.
NEw YoRK, May 27-The Traveller fur.