The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1883-03-19
THE BUSINESS WORLD.
THE GENERAL CONDITION OF TRADE.
Reports From the Commercial C.nt,rs of the
Country = Substantial Improvement Noted.
The Wool Trade VERY QaIst-LIttie Anl'
nation In the Iron Market.

NEw YoRK, March 1.-THE report by
telegraph to Bradareets this week from the
trade centres OF the country shows improve.
ment in localities, but 1t cannot be said the
spring trade is generally satisfactory to
those who expected sn active and profit.
able movement. The cotton market re-
mains without special feature under con.
tinued large receipts. The foreign bread.
stuffs markets are now governed by the
changing outlook in the United States. The
correspondent Of BradstHeI' at San Fran
cisco telegraphs that the wheatgrowers in
California are apprehensive, owing to the
continued dry weather.
Some slight animation in the pig-iron
market at Philadelphia and few notable
contracts for steel rails at the same city
constitute the only features in the iron
market during the week. The improve
ment throughout this industry continues,
but business does not progress With that
animation which was looked for. Prices
for pjg.iron and steel rails are unchanged.
Petroleum is steady but lower under the
luuuouCe VI tue ulkl ldtts IuI LuuueS VII
call. Transactions in certificates are light.
The anthracite coal trade Is quiet, but fair
for this season Of the year. The full time
at the mines arrangement for next week is
to be carried out solely because OF an agree
ment at the first Of the month to work tif-
teen days and shut down twelve days dur
ing the working days in March, and not TO
any intention to increase the supply. Be-
ginning with the last week in March half
time will be resumed, and continued,
probably, until May.
There has been an advance in rates Tor
ocean tonnage, and further advance is
looked for. The demand for tonnage for
petroleum has increased. a.
There were 2S3 failures in the United
States reported during the past week, five
more than the preceding week, ninety.
three more than the corresponding week OF
1882, and eighty-three more than the same
week Of 1881.
WOOL.
BosroN, March 1.-THE Adrertiser in its
weekly review Of the wool market says:
The business in wool the past week has
been 424, ,450 pounds in excess Of last week,
which was mostly due to an increase in the
sale OF foreign wool. The condition OF the
market, to judge otherwise, is quiet and
dealers are clearing up odd lots Of OFT.
quality stock as rapidly as possible. All
desirable woods, such as heeces, combing
and medium wools, are very firm, and
stocks are getting very much reduced, SO
that no lower prices can be expected on
such. As yet nothing directly can be traced
to the tariff. The receipts Of Australian
have been quite heavy this week, but they
we're sold prior to arrival, and little, II any,
will be offered on the market. Manufac-
turers are fairly well supplied with wool by
recent liberal purchases, and are taking
supplies very cautiously.
We should quote the selling prices OF
the market OF leading descriptions as fol-
lows Ohio and Pennsylvania No.
fleece, 47a4Sc; \ and XX, 43a45c; Michigan
X and above, 4OaiSc; Territory fine, 23a
2sc; choice medium do, 26a90c; Texas fine,
22s25c; medium do, 2SaSOr; Texas spring,
2Sa32c; medium unwashed fleece, 2SsS5c;
unmerchantable fine, 29aS2c; No. l comb.
ing, 4Sa50c; unwashed combing, 2SaS5c;
fine Ohio delaine, 4Ga47c; fine Michigan
do, 44a45c, and California spring, 25a33c;
Southern defective, l6a20c; do fall, lSa2Oc.