The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1881-08-06
THRIVING TRADE.
Tnn RECORD or rae CLosINe WEEK
In the Aain nSr.s OF the Coua.ry-Proa'
pseIS ana Condition. OF the piasE'
! cas- haFhSIs-A CoEaeF iA'
- August wheat, etc.

hopeful feeling 10 notable in nearly ever!
branch OF business, II the condition Il
New York 10 an index Of the country gen
orally, business must be in highly pros
porous state.
In dry goods, among iObberP and com
msrciAl houses, trade 10 starting, apd II
some Of the larger houaeS 1t Is already &C
tive; goods moving of; many buyers ID
town; not much speculation in prices
the people seem 10 be buying goods be-
cause they really want them; II less mer
chAndiss 10 imported than formerly, what
Is imported 10 more quickly entered fol
consumption, and less goes into bond
than OF any former period.
In the hat and cap and furnishing goods,
and the kindred trades allied to the dry
goods, there 10 q large influx Of out Ot town
buyers. The hat trade particularly 10 be,
coming more active, The season In straw
goods, 80 far as the TstEilers are concerned,
has been so backward and uncertain that
many OF them had 10 sell their goods at q
sacrifice.
The improved condition OF the iron
trade noticed last week continues, The
demand Govern nearly all bEanches Of
this great pivotal interest, and the i'm
Provement seems to be general throughout
the country, consumers placing orders
freely, feeling confident that prices have
touched bottom and that the tendency
will be upward. The demand for Scotch
pig iron does not keep pace with that Tor
American, small transactions only being
made. The boot and shoe businssa con.
tinuea good, An bESnehes Of trade are
quite busy and orders are coming in salts.
tactorily, and the general opinion still 10
that the volume ol transactions this season
will be large and at good rates.
The domestic hardware business 10 still
improving, the demand Tor some lines oi
goods being go active that manufacturers
are getting behind with orders. Prices are
firm and, generally speaking, the pros.
poets Of toe trade seem very encouraging.
% the produce exchange, wheat has
been Irregular, but on the whole strong
and the tendency Ia upward. Corn and
oats advanced somewhat. There Ia large
business doing In options and the market
10 ruled by speculation, Lard and pork
products have been, as Q rule, steady,
closing easy.
In cotton the business has been quite
lHge. There ls en- ppstent corner In
August cotton, which month has been
largely oversold, and there 10 q difference
In price between August and September
Of from 10 10 so points.
There has been no marked change 10
petroleum.. The market 10 very quiet.
In ireights business is light with rAies
steady and In moderate demand.
In lumber, pine woods are gradually ad.
vanCing In price and large demand In
the near future is anticipated.
Ia sugars the market Tor raw continues
quiet. Refined Is slightly higher With q
lAir demand, but mot vigorous intrade!
The sdVices from Havana and Londonsre
not bta very ehCourSginS 4 character, and
the tendency 10 TO restrict business. z i
In Brazil coffee prices continue firm,
and there iHa moderate business In mild
cofees. There 10 tendency 10 better
priceG The arrivals are not large and the
demand fair. On the whole the coffee
markets looks more encouraging than for
some time, and there 10 Q better feeling
among holders.
In teas there is q better feeling With
hopeful anticipation for the Immediate
future. Business, though moderate, is
regular, and prices are well upheld
A bout 1000 chests were sold at auction Of
fair rates.
Failures 10 business continue generally
10 be cot fued to the smaller class OF
traders, and II the sc.rcty OF business
disastera Ia criterion 10 tha trade through.
out the country, II 10 eminsntIy satlliac
tory at present. During the week Just
passed failures Throughout the country loot
up fifty .hvet oil these six occurred on the
! acidc coast, thirteen In the W Western 9tatep,
ten In the Eastern States, nineteen In the
Middle States, and but one or two 10 the
Southern States. In New York City there
were Ave or six failures; one was that Of
VIM. P. Brown, In the silk manufacturing
business, with liabilities OF $l76, 900, aud
small assets.
CHICAGO.
CHICAGO, August s. The financial
events in this city The past week haSe not
been remarkable, except that the cleArings
for the six days are the highest ever
known Tor one week In summer. They
we're $55, 900, 900, estimating Saturday, The
monthly settlements on '0hauge and the
existence OF corners ID grain, syelIed the
sum total 10 considerable degree, but the
legitimate increase was also large. The
rnargiS ot business has been exCeedii R'y
plenty, and found takers aL 8 10 u per cent
Oh call discount and per cent on time.
Eastern exchange Is per cent discount
and very little going Calls from the
county for currency we're aldo light. The
market Tor local secdrlaes Nab ddll, owins
chiefly 10 the Htmneps oil holders.
Al In the general trade there has been au
appreciAbe dropping of on aCo1nnt oil the
hot weather, although the mail orders are
larger than Tor the came time last YER.
There is little change 10 note III prices 10
"p p1osi' wbich vss 40 ,cs,ce la.t year I.