The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1881-12-03
THE STATE OF TRADE.
LIE D1hIH VI 11ehbu'
THE WEEKLY BUSINESS REVIEW.
Fall and Exhaustive Reports from the PrOnl'
asAt Commercial and Trade CsntSrS Of the
Country Showing the Condition Of
Business AHd Tuturs Prospects.

DuIlnsIa AHd Tuturs Prospects.
NEw YoRE, December 9.-There
somewhat OF lull in general business
though particular lines Of trade continue
iairly active, Speculation is becoming
brisk and the export trade shows signs o
revival, though still smaller than ex
pected,
Grain was somewhat irregular, but sub
sequently better feeling prevailed ant
considerable tirmness was evident at the
close, with tendency toward an advance.
This applies especially to spot corn.
Lard and pork products have been quiet
and steady, the market closing with u ten
dency towards m advance.
Cotton steady, closing easy at about tC
advance for the week.
Wool active, without important change.
The dry goods trade is fairly satisfactory
for the season, being mainly employed,
however, on back orders. Prices are firm,
as stocks are not unduly large
The situation in the produce trade is
somewhat improved. Butter il higher by
two or three cents on choice grades, and
the supply is not now in excess Of the de-
mand. Cheese Is firmly held, and ship
pers are more disposed TO operate, There
are large impOrtatiOns from Canada and
Europe, the domestic crop being short
and not keeping well, Prices will be high
in consequence Of tho all winter demand
for the finer grades,
Pig iron continues good and prices firm,
The market is in such state that the man
utacturers arc not disposed to make con-
tracts Mt the present rates for future deliv-
cry. Scotch pig continues strong, There
is considerable inquiry for steel rails re.
ported, and several largo contracts are
pending.
Leather Is quiet and firm, particularly
for the finer grades, In boots and shoes
only n moderate business is reported,
The Brazil coffee market Is weak, with
no disposition to carry stocks over. Raw
sugar stocks arc smaller than last
year and prices are held firm. Inquiry
from Ieilners light Any revival In the
trade would neCessitatO higher prices, The
tea market Is unsatisfactory. Teas offered
ut auction have been withdrawn until n
more favorable opportunity. The market
is heavy, and prices at present are in favor
Of buyers.
Failures for the week: 10, an increase Of
10 upon last weeks figures. OF these, east
ern II and PaciAcO o. The failures in the
South, are among the more important
class oftraders than usual.
CHICAGO.
Chicago, December 2.-There has been
an active counter business ut the banks
most OF the week, particularly the latter
days, owing to heavy settlements, which
ran the cearings up to S59,OOO,OOO for five
days, and will make them for the week
upwards OF $GO,O0O,0OO, To.day's clearings
were ls,4OO,000. Money continues active
ut full rates Of TO per cent for all kinds
Of securities. The farmers are sending in
large quantities OF hogs and cattle, and the
drain from the banks to the country Is very
large. This depresses New York exchange
and so to 70 cents oil per $1,000 Is the
prevailing figure.
The general wholesale mercantile trade
is fairly active, and the aggregate OF busi-
ness done will makca satisfactory showing.
The prospects Of mild winter seem not TO
affect prices, which Are generally stiff.
Receipts are rather weak, but everything
else is at nearly top prices. On Change,
the daily fluctuations In wheat has been
from ] to II cents, but despite the steadi-
ness ofthe market there has been agood,
live trade, and II considerable aggregate nd.
vance, the cereal selling up from 81 "a for
January, OIL Monday to to 81 2OA to-day.
Each day marked gain In price, and the
market closed on call to-day with heavy sales
OF 100000 bushels, and only triiling
decline from the best prices. The receipts
are falling to ridiCuOusly low figures, and
prices climb up as the disposition to with
hold grain manifess itself. There seems
to be no present probability OF great in.
hux ofgrain, not even II prices should ad-
vance far above their present status.
Corn was more active In comparison,
than wheat, and higher. The advance in
price was steady and regular each day.
Sales were made oil Monday for January
nj 5SlC, and to-day at GlsC, the outside
figures for the week. The fluctuations
were quite marked, being 1ic on some
days. The receipts Of corn were quite
heavy and in excess Of hipmGnts, but they
were far below tile ordinary receipts at
this time OF tho year. The October corner
still holds on well, but does not grow and
prices Of options are keeping pace with
cash sales OF January at 42ia444c, the low
est Monday the highest to-day.
Provisions were remarkably steady and
firm at Sl7 l0al7 % for January pork and
Sl1 l7!all 45 for january lard The sales
were numerous, but there were no marked
features in the trade. Whisky, under the
Influence OF the late agreement, advanced
from 81 10 to 81 II, closing strong but with
out many sales being effected.
Tie receipts Of grain for the five days OF
the week aggregated 100000 bushels, or
not much more than half those for the
same period last year. The shipments fell
below the receipts by half million BUSH
els, being 1,20J,6 900 bushels. This was also
smaller amount than last year. Naviga-
ton Is practically closed, and the railroads
cannot get freight for the East. The pro-
grumme seems 10 DO the same as that OF
last year, to fill the elevators and crowd up
prices.
CINCINNATI.
CtSctSxArt, December 2.-The week has
been characterized by general disposition
to dullness III nearly every department of
business, but It closes with an unexpected
improvement. In the banks theie has
been moderate demand for money
Pork packers are holding back for various
roasona tnninlV bpCHtsp tho trHnthnr hpH