The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1883-09-03
STATE Of TRADE,
BUSINESS eReArLYiMPRoyED
And the Prospects for a Brisk Fall Trade very
BrIEht-FsAtures OF ImprOvsmsut-NO Mate.
rial Change Ia the lrOu Trids-TOus
Of the Wool Market IOrs QaIst.

New York, September Especial tele'
grams to BraddreelS this week state that a
distinct improvement has taken place in
the fall trade movement reported one week
ago. At Minneapolis, ST. Paul aud Kansas
City the prospects are brightest for an
early and full volume Of trade. While
trading has been greatly Curtailed Of late in
the northwest, the harvest Of wheat is now
about completed, and farmers in that Ie-
gion have never been better able to supply
their wants than at present. The call for
dry goods from Boston, New York and
Philadelphia is conspicuous feature OF
the weeks report, and duplicate as well as
new orders by mail are building up large
total OF transactions. In the south the
most favorable reports respecting general
trade come from Savannah. Chicago,
Louisville, Peoria, ILL.,, and Burlington,
Iowa, are enjoying a good seasonable trace.
From Chicago large sums are being shipp-
ed by the banks to the interior in response
to the liberal receipts OF produce by rail
from the entire region tributary 10 that
city. Business is said to be steadily i'm
proving at all OF the cities named, and the
report is made that the outlook for the fall
trade is very favorable indeed. At Cieve-
land and St. Louis but a moderate volume OF
business has been transacted OF late,'
although there arc no depressing influences
perceplible. Pittsburgh has been similarly
affected. At Cincinnati, Detroit, Milwau-
kee, Evansville aud Topeka but moder-
ate degree OF animation has been observed.
The general industrial situation has not
changed materially, aud the building
strikes in New YORK continue. The wheat
market has been dull and depressed, This
has been caused by heavy receipts at the
west, excellent hGrvesti, Z weather and
lower cables from Europe. Corn, for SINH
lar reasons, has atterly shown some weak
ness, and speculation has been restricted.
There is yet time for frost TO injure this
cereal, but ten DAYS OF weather like that
OF the past week will insure more than
full average crop, although its quality may
have to be called in question. Provisions
have been weak, after more strength and
slightly higher prices earlier in the week.
The Neglect OF consumers as well as speCu-
lators, and heavy stocks abroad, in connec-
ton with continued increased receipts Of
hogs at the west, are responsible tor this.
There were 14S failures reported to Brad
streets during the past week, OF which l26
were in the United States and twenty-five
in Canada. The total in this country is
the smallest number in any one week since
October II, 1852, is tifty.three less than
last week, but sixteen more than in the
corresponding week in 1882, and twenty
two more than in the like week in 1881.
IRON.
There is no improvement 10 note in the
price Of American pig iron in eastern mar
kets. Orders for tho same continue to be
Of from ten to twenty-five ton lots, and
buyers can scarcely be induced to take in
excess Of their immediate requirements.
Yet the business (total) done in August lat
New York; will average nearly II not quite
one.third in excess Of that in August, 1882.
July last was likewise largely ahead OF the
same month OF the preceding year. Prices
are about s. per ton lower now than then,
which tells Its own story. Dealers are not
making much but can carry on this sort OF
trading for some time to come. While
there IS no immediate prospect OF an ad-
vance there is every reason to believe that
prices will 90 up before they 90 down, and
holders are encouraged thereby. AT the
west there is relatively more activity, but
nothing which in any way tends TO cause
an upward movement in prices. The gen.
erAl improvement in the iron market at
Pittsburgh is continued, and Chicago aud
st. Louis show frmness somewhat in ex-
cess OF that exhibited here. Yet New York
dealers continue confident OF the future.
The saes Of scotch pig iron during the
week have not varied from the nominal
amount sold from week to week for some
months past. The product is firm and un-
changed in price. Some few outside lots
have been sold at less than full rates, but
were so disposed OF owiHg to circumstances
which exercised special influence and
which have no bearing on the general
market. The receipts for the week were
about 1900 tons,
-, WOOL.
BosToN, September, THE Adrahsr in
its weekly review Of the wool market says: