The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1882-01-14
THE STATE OF TRADE.
THE WEEKLY BUSINESS REVIEW.
Fall aaa Exhaustive Reports from the PrOmt.
A'nt Commercial Aad Trade Csatsn Of the
COuutry, showing the Condition Of
Burlns" and Tuturs Prospects.

Cantryi showing the CohdlIion OF
BuIlns,s and Failure Prospects.
NEw YoRE, January ls.-Buslness has
been exceedingly active for the week
Immediately succeeding the holiday season.
Orders fore merchandise from all over the
country are liberal. Prices are firm fol
most commodities, and there seems to be q
hopeful feeling in mercantile circles.
Wheat and corn have been steady, with
a fair amount Of business doing at about
previous prices. The market closes weak.
Lard and pork products have been fairly
active, but the advance Of the latter part Of
last week has been nearly all lost, and the
market closes weak.
The volume Of business in cotton has
been quite large, with prices Auctuating
within the range Of twenty points. The
market closes fairly steady at fraction
below last weeks prices.
In wool there has been q regular steady
business doing-not large in amount, but
sufficient to keep prices steady at about
previous rates.
The demand for American pig iron is
good and the price firm. A fair business
Is being done in Scotch pig. In other
branches oil the trade business Is good and
prices firm.
The produce trade has shown little ami.
nation. Prices steady.
In the sugar trade the only feature to
note, is that the production OF hard sugar
will be quite limited for some time, owing
to the burning ofthe Havemyer refinery,
and prices have advanced about one cent.
Prices OF raw sugars are firm in conse-
quence, and holders arc not inclined 10
make concessions. The demand for the
distributing trade is moderate. The sugar
market will be governed very much by the
amount OF new crop, which will be known
very shortly.
In tea there is no change, though some
speculation has impaired more firmnesS to
the market. Importers generally are sui.
ierlng losses by the present low rates.
In Brazil cotEees there is nothing special
TO note. Large operators are keeping alool
from the market in view OF the incoming
crop, which is believed to be large.
The dry goods trade is quiet, though
there is slight improvement since last
week. Buyers from the South and West
are arriving in considerable numbers, and
brisk trade is looked for shortly. Those
who are here are buying very freely, and
the outlook for large spring trade is very
good.
TIE FAILURE RECORD.
R. G. Dun & Co., of the mercantile
agency, report the failures throughout the
country the past seven days as 20S, the lar.
gest number in any week for more than
twelve months. The reason for the increase
probably is that large number of persons
insolvent toward the end Of 1881, for var.
ious reasons have contrived to hold over
until after the opening OF theNew Year, and
are now trying TO compromise and settle up
before spring. This seems to DO particu-
larIy the case in the Southern States, where
the failures foot up to seventy-four, in the
Western States fifty, Middle forty, Eastern
twenty-five, Pacific coast seven, and in New
York City fifteen. No failure Of particu.
lar significance occurred in New York dur
ing the week.
CINCINNATI.
CINCINNATI, January l3.-The condition
OF trade for the week has been quiet. The
weather has been rainy considerable Dor
ton of the time and has had tendency L
restrict business.
The appearance OF smallpox causes nt
alarm here and does not operate to keer
any body from the city who desires to dc
business. The fact that smallpox is ir
other cities, and the general intelligence
that prevails with regard to the risk Of get
ting within its influence in attending L
business diminishes the ungrounded fea
that formerly controlled the people wheI
this disease became moderately prevalent
The work Of entering upon business 70
the new year has fairly begun, and from
all quarters come indications OF tooC
condition and prospects.
Iron still sold in advance OF production
at rates which are highly satisfactory t
producers. Manufactured iron has read,
sale at good prices.
In dry goods the volume OF business i
not large, but there is fair demand anC
the indications are for an active trade L
come.
In boots and shoes there is. a good trade
BrcadstufIs have been advancing durinl
the week, and closed much flrmtr.
Corn was depressed by heavy receipts
but rallied to-day. Oats are dull anC
lower. Rye and barley are in fair demanc
and steady.
Whisky has been active, even under al
advance 10 81 10.
Provisions have been dull. Lard fluc
tua.ed from day to day, but the prices o
pork and meats are unchanged.
There is no disposition to press stocks OF
the market, hence prices arc maintained
although the transactions are nominal.
CHICAGO.