The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1882-07-29
STATE OF TRADE.
THE WEEKLY BUSINESS REVIEW.
Full and Exhaustive Reports from the Promi
hsht Commercial and Trade C.atres OF the
Country, Showing the Condition Of
BusIas" and Futurs Pro,psets.

|
NEW York, July oS.-The markets are In.
nuenced by favorable weather. improved
harvest prospects, the ease OF money and
war news from Europe. Most interests re.
port better trade and improved prospects.
The dry goods business no,iceably is
more active, with better loans. \ larye
number OF buyers are arriving from the
South and West.
In wool the outlook is nther better,
Manufacturers have been more inclined
to buy, without any apparent willingness
to pay better prices. Holders are firm, aud
there Is general tendency towards a
hardening Of prices.
There arc no new features in the iron
trade. In boots and shoes fair business
is being done, and the outlook for the fall
trade is considered encouraging. 4 mod.
crate business only is being done in leather
OF aQ kinds, and prices are firm.
Brazil grades OF coffee show u iirmcr
tone than noticed in long time, and n
considerable amount Of business is being
done. Mild coiIees are in larger demand,
and some large invoice lots have been
sold. In raw sugar there has been some
considerable demand from refiners. Prices
are rather better. The market closes
steady. Refined sugar is in more active
demand at steady prices.
The failures OF the week reported 10 New
York were Ill, slight reduction on last
week. OF these the Eastern States furnish.
ed is; the Western, 80; Southern, 10; Mid.
die. %; Pacific States and Territories, s;
and New York City, 5. The only failure
OF note in New York is that Of W.. vii.
cox 4 Co., lard dealers, with liabilities un-
secured OF about $4,000. The probability
is that they will pay in full, half cash and
the balance on time. A new concern will
be organized.
CHICAGO.
CHICAGO, July 2S.-The clearings (esti-
mating Saturday, aggregate for the week
A5,000,000. The wholesale trade Of the
city is getting into state OF midsummer
activity, and the merchants look forward
to booming fall when the big crops have
been secured and money begins TO circu-
late swiftly in the country. Dry goods are
the least active Of the staple articles, but
prices keep up well, while for groceries OF
the ordinary kind there is strong and
growing demand with gradually Il stlirtn-
Ing in prices.
The aspect OF affairs on change was never
more promising Good fair prices prevail,
l "a har ntn
there will be a healthy movement OF the
large crops that are promised on every
hand. Winter wheat is coming in bulk,
never before dreamed OF. Fiity.tivc cars OF
this years crop were received to day.
Copious rains last night all over the
Northwest stopped at once all talk OF drouth
that had been rather prematurelv started
on Change, and did great good to the corn
crop and vegetables generally, while doing
nothing injurious to the wheat gathered or
standing. The weather is making up TO
the corn fields what it robbed them OF in
tue spring.
BALTIMORE.
BALTIMORE, AID., July aS.-The past
week presented very quiet financial mar
ket- The crops are rapidly coming forward
TO supply means to the agricultural portion
Of the people. The grain market was
more active, receipts OF wheat large and
transaction heavy on export account.
Wheat was very active. The Mon
day market broke J.. cents on
the lowest sales Friday. The de-
cline continued until the close
Thursday, when the price for spot and Oh.
tions had been beat down to the closing
prices OF Friday last. To-day there was Il
check, and prices recovered about . cents
per bushel, but again declined, and the
market closed easy at an advance OF one.
hall 10 one cent over the lowest prices OF
the week. Oats are very slow with abund-
ant receipts, and holders are obliged to
make concessions to effect sales. Rye is in
light receipt aud demand. The price went
oil 10 TO 10 cents for the new crop. The
flour market was slow and all grades were
subjected TO decline OF 25 cents per barrel
from the prices OF last week. The proyis.
ion market was fairly active in a jobbiny
way and prices were maintained generally,
though pork was reduced 25 cents per Dbl.
PITTSBURGH. M
PITTSBURGH, Pa, July 2s.-All branch.
es Of trade continues dull and no Inn
tcrial improvement is looked for un-
til the existing labor troubles have been
amicably settled. Pig iron is dull and de-
pressed. a few sales being reported at un.
changed prices. The demand, however, is |
OF hand 10 mouth character. Manuiac.
tured iron is without movement, the de.
mand is light and prices are dull and un.
changed. Glass is quiet, nothing doing.
Prices are steady and without change.
Petroleum ruled active excited, and ire. |
gular. United certificates were quoted be. |
tween 57i and G34 closing, this AFTERNOON |
quite firm at Bls. Sales and resales for
week were very large, aggresating 5,G75, 900
barrels. Shipments, Ala, 900 barrels. Cat.
tie very dull, common to prime selling ut |
.50aSt.70.' Sheep active, the first part of |
the week, dull and lower at the close, fair
to prime 4.00a4.00; common 3.OOa3 so. |
Hogs dull receipts $3.50 head: Philadelphia
S.6UaS.90; Baltimore S.40aS50.
LOUISVILLE. s
LOUISVILLE, July 2S.-Provisions during
the week ruled quiet, and in fair demand
for consumption. Prices have been on the
down grade, and mess pork Closes to-day
so cents below the quotation OF last Friday, |
with other meats proportionatelv lower.
Wheat closes very weak, with prices S |
cents under those OF week ago. Corn
holds its own under fair demand. Oats
are without material change. Flour has |
fair sale for the local trade. Stocks are
very low, and there is no disposition to re.
plenish until wheat reaches the bottom
prices. In leaf tobacco, the character OF |
offerings are generally good, and prices are |
strong with un upward tendency on all |
kinds, particularly on common dark to.
bacco.
CINCINNATI. .,-.,
CINCINNATI, July 2s. : The weather
has been favorable for the past
week for the growth OF corn and for