Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1882-12-28
Rasiness.

happiness.
Ii is stated that the loss in earnings to
fbhe warning roads i'm the Northwest will
4 not amount to much over S2OO,OOO.
Ohio has in the neighborhood of
! eighty railroads.&c., 900 miles of single
/. track-representing together SlOO,OOO,-
600. The gross earnings. amount to
$10O,0OO,OOO.
About 100000 of the Toledo, Cincin-
natl and st. Louis loan was subscribed
at Boston on Saturday, and George
William BallOu guaranteed 500, 900
More. 1t is an s per cent. bebenture
aoan.
p George Moore, Secretary Of the Cot
ton Exchange, testified before tn" Sem
ate Committee that 600, 900 bale ..Jf cot
ton were actually handled here last
yea<, while the sales for future delivery,
or gambling sales, amounted to 81, 70O,-
LOQ bales.
: The total tonnage of anthracite coal
from all the regions for the week end
hing December Is, as reported by the
Several carrying companies amounted
to 5S7, ,572 tons, against 81, ,9S4 tons in
'rthe corresponding week last year, a de-
Ferease of 57,4l2 tons. The total amount
of anthracite mined for the year is 2S,-
~O70, ,95S tons, against 2S,2l5,3l4 tons for
!. the same period last year, an increase
>of -, ,643 tons. The quantity of btu
rminOus coal sent TO market for the
! week amounted to 9S,O37 tons,
! against l03,057 tons in correspond
ing week last year, q decrease of
5000 tons. The total amount of btu
minOus mined for the year is 1881 ,322
tons, against 4,SS3, ,0lS tons for the cord
responding period last year, q decrease
of 55l ,696 tons. The total tonnage of
all kinds of coal for the week is 6S5, 800
tons, against 74S,04l tons in correspond
ing week last year, decrease of 81, 432
tons, and the total tonnage for the coal
year is 33, Al $50 tons, against 32,097,
333 tons to same date last year, an
increase of 3ll, ,947 tons. The
quantity of coal and coke car
~ried over the Pennsylvania railroad
for the week ending December l6
was 229, ,5l6 tons, of which l73, ,5S5 ton
swere coal and 55,93l tons coke. The
total tonnage for the year thus far has
been 10, ,645, 500 tons, of which 1896, $50
tons were coal and 2,749, 40 tons coke.
--4hese figures embrace all the coal and
coke carried over the road, east and
west. The shipments of bitumiuouS
coal from the mines of the Cumberland
coal region for the week ending De-
eembcr Is were ], ,429, ,l52 tons, de-
SlSease OFF,, ,046 tons as compared with
Lhe corresponding period OF last year.
Business in iron for the past week has
been unusually quiet and without any
interesting features. In the offices there
is a squaring up Of accounts, and in the
mills repairs are being made. The gen.
eral tendency is tOlower prices. Buyers
are not taking advantage of the decline
TO any extent. a conservatism prevails
Hon both sides, and nothing Of i'm
portance will be done until after the
first of the year. Manufacturers and
brokers express satisfaction at the out
look for demand next quarter, and are
satisfied that the present prices are
the lowest likely TO be reached for two
or three reasons. First, because cost
of production has been reached in
two or three directions, as for instance
the making Of pig iron in Isolated fur
. naces, and second, the demand for the
past few weeks has been restricted to
actual requirements. 1t Is stated that
consumers at mills and founderies are
running close intending to make pur-
chases after the holidays for three
months future requirements. If this
should be true generally very active
demand would only be accepted with
corresponding Improvement in prices,
because of the fact that there are very
light stocks to fall back on, and the
productive capacity is, if anything,
fittlein advance ofeurrent requirements.
Whatever value these probabilities
NAV pOsSess. the facts are that prices
have reaced a low limit, and that in
uuiries are in hand for considerable
Socks of iron, running from 100 to
! 007S~+t,ps. Quotations are given at
SfS "a 10 $50 so at furnace for gray
foroe and S23 80 to S24 20 delivered, FOR
We D. S25 TO S26 for No. l, Sales have
bssn varv moderate. Very little has
- Sone within few days in either
FngH. n or Scotch iron, though II Is nm
Sn.s,ood that negotiations for large lots
Sers been partially completed. Besse-
% ni, has sold at So so for winter
aNI,,.iT A few quantities are IN the
49, - which will terminate in bust
inns. within a dsy or two at about that
Ile,r Muck iron sold at $50. A few
&c hest sold at so. Charcoal blooms
- uuoted hit S66 to S6S. An
thr.cite are . quoted ut S5S. Tne
.nn,L,S il quiet. Sales have been made
hnIo,y inIl ~ these figures. Merchant bar cart
~ zen fixed at 20. Sales Of small
inss i,S. ,re being made down as low as 22O,
Scee riing 10 quality and location oi
1r;l, Country mills are making a Wig
~, effort TO get their share OF busl,
- nv. concessions. IL Is supposed
r thsre will be little less competition toI
a h,,.ipess hereafter, and that some sor'
pSIsrmony will prevail between east
"A krn and western manufacturers IN com
"a he',n~ for business. Skelp iron j
81 k,t.,,.d AT 2.S0.sr4-2.40 Nails are II
dSi,s active VI 3 $50 30 IN In. s@ni nal
y, = ts,z-ztR Sar winte
81 * bu
No. q hi