The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1882-03-18
THE STATE OF TRADE.
THE WEEKLY BUSINESS REVIEW.
Fall aud Exhaustive RspOrts from the rrOaI.
usnt Commsreiat and Trade csR..n OstAt
COuntry, showing The CohdltlOa Of
Business aud FSturs Prospects:

steiuy Uecllne IN tue value OF secutluel
This seems 10 have given way to tone {
. greater confidence, probably in sympath
with the improvement which set in o
Wall street, and the week closes with a
easy money market, better price for nlel
chanaise and a more hopeful feeling gen
orally.
| There is general sentiment OF disap
pointment in the dry goods trade at the re
suit OF the spring business thus far. Buy
eFs are not anything like as liberal in order
us this time last year, and several larg
representative houses state that the sale
are II thousand dollars per day less tran il
the spring Of 1881. Nevertheless, good au
thoFities predict q more active busines
very shortly, and hold that there is suiIi
ciRnt cause to account for the temporary
dullness, quite aside from any unbound
ness in the country generally.
The grain market gradually tended up
wards and with hardly break or cessation
in the advance. Corn WIS the leading fea
ture, having advanced 5a6c per bushel
selling at 75c for May, the highest price ut
tained for the season, The market closed
strong
Lard and pork have been steadily ad
vancing with slight fluctuations, and CLOSED
steady Mt the advance.
Cotton, in the early part OF the week
was fairly steady, then there was an nd
vance and the market closed strong.
q No feature Of special interest in the wool
trade.
In petroleum business has been quite
large and prices closed fairly strong at q
fraction less than ruled week ago.
Freights dull and unsatisfactory. Petro
leum room is in moderate request, and the
steamers are doing something in grain
Outside 81 this there is sick market.
| In American pig iron business is in.
active. Prices will be kept up and the
stocks in first hands do not accumulate
rapidly. In Scotch pig iron the market Is
dull, unsettled aud lower. Prices are said
to have been accepted in several instances.
In other foreign iron the demand Is very
moderate. There is some demand for steel
rails, but iron rails and old rails are neg.
lected. The hardware trade continues
fairly satisfactory, prices are firm, trade
cheerful and good business is untieipated
for the spring.
The boot and shoe trade is rapidly as.
Stunning spring proportions and orders are
coming IN with greater freedom. Buyers
are taking pretty full assortments. Manu-.
tNcturers are busy and find it difficult to
fill contracts in their line. They aaticipate
being actively employed during the season,
In the leather trade some considerable
improvement is noted, and now That the
season is so tar advanced large orders from
manufacturers are expected. Export de.
mand is good.
t In the prices Of teas there is but little
change US shown by the auction sales
Stocks are held pretty steadily by private
hands, and there is no disposition to make
concessions. Buyers purchase but moder.
ately, and do not ancticipate wants.
In raw sugars the market is dull and
buyers are not inclined to do much. Re.
fined is in good demand, firm aud un-
changed.
The demand for Brazil grades OF coffee
continue moderate and prices UNCHANGED.
Holders show no disposition to make con,
cessions. Mixed cotiees are in light de,
mand and unchanged.
The feeling in the butter trade isa tritle
better.
| CHICAGO.
CHICAGO, March l7.-ATouey for the mast
week has been in good demand and the
supply rates steady ut 6a7 per cent. The
cieatings amounted to $36,000,000 esti.
mating Saturday. Eastern exchange was
firm at 75aS6 per cent premium. Currency
flowed toward the country in scanty drafts,
Stocks were steady. General merchandise
WIS fairly active. Mail orders were liberal
and staples are selling q triAs weaker for
some, few, however, like coffee and rice,
tending upward. The weeks tendency on
Change has been towTrd higher prices on
4tt articles, and in wheat the advance has
been marked and regular.
To-day wheat was less active, but there
was tAir aggregate trading, almost wholly
on speculative account. The movement
continues light. Adviccs were favorable,
and the offerings were fair. The market
opened shade stronger, but declined la3c,
rallied lic for May, lie for June, q for
July; weakened q trihe, fuctuated and
finally closed about !c lower for MAY, i9c
higher for June and .c higher iOr July than
yesterdays close; April was about lie
lower than yesterday. Whether the de-
mand OF the thirty leading men for an in-
vcstigation into aud the suppression OF the
corner in April has frightened the manipu.
lators, or whether they are transferring
their opentions into june operations, was
question that excited much discussion to.
day.
The clique has allowed a very large part
oil the April shorts to settle, and the
Indications are that June will be manipn.
lated next. The sales to-day were 81 S2Iu
! S33 April; 81 26sai 275 May; 81 241ai 965
June; 81 2lal %! July. Corn was in mod.
crate speculative demand, unsettled and
irregular, prices receded lalc, then rallied
4aIc and closed lasc lower again, but. a
little below yesterday. The Shipping de-
mand was fair, but the receipts and ship
Ments were small. The sales were O27aG9fc
April; O7sa6Slc May; B7laG7i June; B7IaBSs
July. Oats became quiet agaiu and all
trading seemed to have stopped by mutual
consent, rs there were few oilers, orders or
bids. The closing prices were about
stcaAy, except July, which declined Iaic,
The sales were 42la42sc April; 44Ia45Ic
May; 4SSat4 June.
Pork was fairly active and ruled 5alOc
lower throughout the day. Sales at Sl7 ia
all ?5 April sl7 S74al7 50 May; Sl7 Goa
II 81! June.
Lard was fairly offered and the demand
corresponded with the prices, closing easy.
Sales ut $40 65alO 70! April; $40 62lalO 10
May $40 D2lalI June.
I On call priOesSwer a little higher for
wheat, trttle easier for corn and oats, i6a
H!c lower for pork and 2la5c lower for
lard: The sales were small on grain and
moderately large on provisions.
pIrTSRUBGu.
PlrrsBuRoII, March l7.-Trade in all
branches is moving along steadily, with moi
much change from week to week, The
outlook for spring business Ia very encour
aging, and the manufacturers and mer
chants anticipate brisk season in a few
weeks
The market for pig iron is dull, with a
weaker feeling. A number OF sales have
been reported at o slight reduction, Tht
1 4 4 I r a