The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1882-04-08
THE STATE OF TRADE.
THE WEEKLY BUSINESS REVIEW.
Eurl and Exhaustive Reports from I'll. pronl.
h.st Commercial aud Trade Csntsn Of the
COSntrJ, Showing The Condition Of
usiusa and Raturs Pro spssts.

NEw YoRK, April There Is more ami
nation reported in commercial circles ant
larger business Is being done in mer
chandise, but still trade is not as active a
was supposed 1t would be ut this time
Speculation in products has assumed larg
er proportions than ever before, nearly
three times Us much, for instance, having
been sold In New York in the tl4st three
months in 1882 than In the same period in
1881. To less extent the same may be
said Of other commodities. This immense
speculation is the worst feature Of the q.
nanciat situation, and round prosperous
business is the sufferer. No business Of
importance was transacted to-day, aud as
the week Is q broken one q detailed report
could not be OF great value.
PTTTsDURGH.
PITTsBURGH, April There is absolutely
nothing new to report in trade since last
week. Business, under the stimulating in.
huence OF the pleasant weather prevailing,
was quite brisk, but the leading markets
have not changed.
Pig iron, manufactured iron and glass
are moving along steadily at firm prices
with m encouraging outlook for the near
future.
Petroleum was moderately active, United
certificates selling between 77s,, and S0l,
closing last evening q tribe frmer at 7Si.
Sales aud Fesales during the week ., 428, 900
barrels; shipments 229,OOO barrels.
Coal continues dull and depressed.
Shipments to lower ports have fallen of,
only 100000 bushels leaving since last
week.
The failures for the past seven days, re-
ported to X. G. Dun 4 Co., mercantile
agency are l07, distributed as follows:
Eastern States, IS; Southern, 80; Middle,
20; Western, IS; Pacific, s; New York City,
{. This is about the same as last week us
far as numbers are concerned. The fail
uFes in New York City were Insignificant.
CINCINNATI. :.
CINCINNATI, April THE past week has
been marked by exceptionally mild warm
weather with Light rain, and the progress
of vegetation has been very rapid. Farm
work is also well advanced and more than
ordinary activity marks the course Of all
agricultural industry. This is no doubt
stimulated by the high prices oil all farm
products. Corn, for instance, being near.
Jy twice as valuable as it was d year ago.
Wheat is twenty cents, and oats fourteen
cents higher than year ago.
There has been much better tone to all
kinds Of business during the week. Whole
sale dealers generally are unusually busy
with orders. which come in much faster
than has been the rule for many weeks.
Groceries continue to beactive and firm.
The continued advancing OF prices seem to
promote rather than 10 check orders,
though the busy farming season must soon
be felt in the checking OF orders from
country points.
Dry goods show marked increase OF
activity with firm prices, notwithstanding
slight weakeningiR cotton. The volume
OF business, however, is hardly equal 10
what is usual ut this season.
Pig iron maintains fair prices, but there
is disinclination 10 buy largely, and also
some accumulation Of stock. Maauiact-
ured iron remains firm with good de-
mand.
Leaf tobacco continues fairly active, but
was easier at the close Of the week.
Corn has been unusually " active, reaching
Sic for No. . mixed, but is easier to-day
and has declined to Soc. The trade in
corn is much heavier than year ago.
Much OF the demand comes from the
South.
Wheat has had tendency to recover,
but the demand is only local, and prices
remain about steady.
BOSTON.