The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1882-01-07
THE STATE OF TRADE.
THE WEEKLY BUSINESS REVIEW.
Fall and Exhaustive Reports from the PrOai.
mont Commercial and Trade Osntsn Ofths
Country Showing the Condition Of
nailnsas and Future Prospects.

NEw YoRK, January 6.-The condition
OF trade for the week has been so much
broken up and demoralized in various
ways by the holidays that no very consid-
cradle amount Of business has been done.
Trade generally is eminently in sound con-
dition, and the outlook the coming year is
most hopeful.
Quietness still prevails in the dry goods
trade, both in job and commission houses.
The spring trade, however, is commencing
and orders are beginning to come in from
more remote country districts to consid-
cradle amount Trade is very healthy and
prices firm.
In the grain trade, wheat and corn have
been irregular and unsettled, with mode.
rate fluctuations As q rule the market Ia
considerable strength.
Tho lard and pork market has been weak
and unsatisfactory at slight decline.
In cotton the tendency has been down.
ward, with slight fluctuations.
In wool theie were but moderate
amount OF business transactions, both man
uiacturers and dealers being busy settling
up their accounts for the year.
The demand for American pig iron con.
tinues good, and prices are firm. Some ef-
forts were made at the meeting Of the West
ern manufacturers to advance the price OF
some kinds OF manufactured iron, but they
were not successful, as il was considered
that such step would at once advance the
price OF pig iron, to the injury OF the trade.
In raw sugar there isno material change.
The stock in hand is gradually working
down on the demands Of the refners.
The coffee market is heavy for Brazil
grades and nothing doing in invoices.
There is large old stock, and the new
crop is fully equal to that OF last year. OF
milder grades the stocks are not too large
and there is a regular demand. There Is
very little Mocha to be had and II is bring
ing good prices.
FAILURES FOR THE WEEK.
There were l46 fixtures for the week re.
ported throughout the country by R. q.
Dun & Co.'s Mercantile Agency, which is
a material reduction as compared with the
closing week OF 1881. The Eastern States
had sixteen, Western thirty-6ve, Southern
fifty-iour, Middle twenty-iour, Pacific nine
and New York City eighty-two. Business
troubles in the Southern States shows no
diminution, butt all other sections OF the
country there is animprovement The New
York City failures are mostly in small re-
tail trades, and have no significance.
CINCINNATI.
CINCINNATI, January 6.-The first week
OF the new year finds business still in dis
turbed condition, consequent upon the
yearly adjustment OF affairs, though It can
hardly be said TO have been fair index
OF what is to be in the future. No doubt
the aggregate transactions are less then
during the clearing week OF last year, but
ut the same time the lull may be accounted
for without conceding that there is gen.
eral dullness. The only apparent disturb.
ance during the week has passed away. 1t
was strike OF the shoe lasters, and their
relation to the manufacture was such that
their idleness virtually stopped consid-
able part OF the manufacture OF shoes. An
agreement has been made whereby the
strike is averte1, slight increase OF wages
having been allowed.
The crucial test OF the new years settle
ments has not yet, up to this time, developed
any weakness among the leading business
houses, and no failure has yet been
Chronicled.
The markets have been generally active,
with tendency in nearly every direction
to higher prices.
Hogs have not made any material ad-
vance but are firm ut slightly higher prices
than last week.
+ Provisions have made steady but
slight advance in prices, closing firm at
the end OF the week. The most marked inn
provement has been in corn, which sold
to-day at 7l!c. This is owing to the small
supply. Oats are also scarce and firm at
higher rates
Wheat has been in light supply, and the
urgent demand has kept prices up, No. 2
red winter selling to-day at 81 40.
Rye and barley were firmer without ma
terial change in prices.
PITTSBURGH.
PErrsBURoH, January G.-The volume OF
business was much larger the past week
than for a fortnight before and the markets
were quite active and stiff with prices not
materially changed.
Pig iron was strong at the late advance,
sales continue large and the market has
evidently settled down to firm basis at a
quotation Of S25 90 to S26 90 for gray forge.
Manufactured iron is moving along steady
without any new feature. New orders are
coming in, but the manufacturers appear
unwilling to advance the card.
The glass trade is quiet. As usrlsal, at
this season, there is no demand for window
glass, and the factories are stocking up.
Bottles are in light stock, and in heavy de-
mand at firm but unchanged rates.
Petroleum was active, weak and unset
tied. United certificates were quoted dur
ing tho week at 70SaS2!c; closing irregular
this afternoon at Sic Sales and resales
l l,22l 900 barrels, shipments $40, 900 barrels.
The coal trade was quiet. Shipments to
Louisville and Cincinnati by river since
last Friday aggregate 3,073,0O0 bushel.
Cattle active; selling at 20a25c higher.
CLEVELAND.
CLEVELAND, january O.-The taking of
invoices and the holidays has somewhat in
terfered with the volume Of the iron busi-