The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1882-06-10
STATE OF TRADE. \
The WEEKLY BUSINESS REVIEW.
sal' aad E1haa'tlvss Report, From II. pros /.
a"t counsrelal aad Trade C.sters Of th.,T 4
WA cssatry, Showing the lCsadltien Of
BuslAsss aad Fatsrs Prospects. WI

| Bu'las's aad Fatsts Pro'tsets. WI
Telegraph adviccs from New York show
that while business is restricted In volume I
!here Is evidence Of an improvement I
feeling in commercial circles because Of
ihe near approach OF harvest under cir.
eumstances continually favorable 10 q layye
yield' The chief drawback TO any i'm.
provenent in trade are tho iron strikes at
rlttsburgh and elsewhere. Wheat, while
declined during the early part part Of the
week, revived late and closed two cen, cents
higher. Other grains were. quiet. There
was a good feeling in the wool market, tho
tendency in prices being upward. The
feeling as to the new crop Is unset.
tied. The stock OF desirable wools
Il reported to be very 81 low. I
The strikes are having but little effect
upon the trade in American pig iron as yet,
tue transactions being numerous and the
volume OF business no smaller than before 4
tho strikes. Scotch pig iron Is quiet, and
me business in iron and steel rails Is yery \.
light The failures for the week reported
70 New York were l06 against ! IS last week,
me Eastern States had 4 l2, Middle 10,
western IS, Southern 22, Pacific States and
Territories Q, and New York City o. Tho J
failures in New York have but little sip.
niticance. h 3 b 81 (
At Chicago the market continues dull
and is without any particular features.
The week closes with no indications Of i'm.
proyement, although money Is abundant
st fair rates. The large immigration
promises to brighten matters considerably
in the near future. T The bank clearings
Tor the week estimating Saturday, will
be 100000. The general wholesale mcr.
camille trade in the city is not as active as :
usual, and the backward weather has work..
cd very. decidedly to the disadvantage Of
dealers in dry goods and kindred articles,
The week s on ,5 Change, has Is been
an active and exciting one. &At times
prices advanced for wheat, oats and pro. Z
visions, but declined for corn. aThe drop
ping of has not, however amounted to
much. Last year at this time wheat
was Sl.0S!, or about "a cents lower corn
l3s cents, or about &c cents lower; oats IS Z
cents, or about l2 cents lower pork SIG 05ss
Or about $3.50 lower, and lard 5000, or
about 10 cents lower. ~; -. ;,ss ;,ss'.!, c
The week at Baltimore was one Of ex-5
treme dullness. The grain market being
in sympathy with other branches OF trade
was spiritless and without any special feaa.
tures Wheat is quoted about 4c off in
prices from the opening prices OF the first
Of the week, with the stock in elevators
considerably reduced Corn was a shade {
on at the close and the demand small.
Oats remain firm, while barley closed fully
&c Oh from last week. Provisions are higher
and firm with an advancing tendency.
Sugar has advanced shade with quiet
market, and coffee rules steady, with onlvy y
q moderate demand. Beef cattle are firm. 1
!y held ut last weeks prices. Hogs, though
not in large supply, are firm at the higI,-
est figures Of the year. Sheep and lambs
are in plentiful supply at more reasonable
There was no improvement in general
business at Pittsburgh this week over pre-
yious week. The labor situation is appar-:
emily as far from settlement 5as Mt any
time since the trouble began, and
the uncertainty as to the outcome and the
length Of the strike restricts II trade in
nearly all branches. Manufactured iron
Is in brisk demand and prices (; arc
iirm. Orders are coming q in |, freely,
but the manufacturers assert
tnat they are Il simply - panic
orders resulting from the, prospects, OF
a. long confined u lockout and cur
tailed production. The same condition
Of Affairs applies to nails, which are al
ways in heavy demand at this season Of
the year.. M. 3 1:sI.5i 81
Nearly all branches OF trade at Boston
are reported to have been dull during the
week, purchases OF every. kind OF mer.
chandise being limited strictly to actual
requirements. The sales Of wool for the
week we're l,G53, $50 pounds against ! 1,l0o,-
72S the previous week. The shipments Of
boots and Shoes from Boston to points out
side Of New England this week were 1886
cases against 1923 last week. The iron
market has been Fyisihly, affected by the :
strikes in the West. American rails are
being offered at S25 per gross ton. On the
other hand, plate iron has been advanced
)? per ton, and the mills running are full
OF orders. ,.t So 81 4: :sls, s II
For the first time since April. Cincinnati 4
and vicinity, experienced whole week OF
dry, warm seasonable weather, and the
farmers hopes Of good crops are thereby
raised. The warm weather is rapidly filI.
ing the markets with early fruits and yepe.
tables. There is slight improvement re-
ported in general business but not enough
to make any marked increase in the VOL.
ume. The usual activity; however, is want.
ing in grain, and a weakening market in re.
ported, except in wheat, which held up
firmly, owing to light offerings. Provisions
are much firmer, with a decided upwar,
tendency, except in lard (which is dull and I
heavy. ~ !; /, IA ~ 4
Trade at louisville during the past week
has been without special features. Il A boom
was experienced in provisions, and prices
at the close Of the week were higher, with
the probabilities Of a further advance, The
reports from the farming sections are more "a,
encouraging for good crops than they were
at the end OF May. = In ] the leaf tobacco ]
trade the character OF the sales for The past
week were about the same rs for the month /
past. Steady and regular prices are being
maintained on all low grades, which consti.
tnte about three-fourths Of the sales. Nails
are in short supply and are quoted at an j
advance OF 80 cents per :kcg. 4 Prices are
sill for all grades OF iron at al, advance; h
Texas Wooi.Crowcrs,.i Il n X. s
BAN ANTONIO, TEX, June O.-The Stale
Wool. Growers Association met in this ely
today, about eighty delegates being Is'll,t pre-
sent, personally representing four million
and q half Of sheep. o. S. Newell, of Kin.