Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1883-11-05
THE WEEKS TRADE.
The COTTON MARKET CRIPPLED.
Bv the Recent Failures in liserncol-
Ctsin Values on the Advance
The Visible Supply on the
Decrease.

NEw YoRx, November t.-Bradstrcets re-
port says: There has been decrease in
the volume Of business In some depart.
ments during the past week, a. natural
result Of the advancing season: but In
general the trade movement hiss sustained
about the same proportions as last week,
and the situation as . whole shows no i'm
portant change. Trading Is moderate ana
steady, but without noteworthy activity In
any line either for export or home require
ments. A decrease in
The Number % Business Failures
Is reported in the Southern. Middle and
New England states, and the aggregate for
the United States and Canada Il smaller,
the totals being 2l5 this week, against 2iS
last week and 2i3 the previous week.
The consumptive demand for cotton,
wool and other staples OF manufacturing
supply has continued moderate. The mills
are running % usual, but manufacturers
are apparently indisposed 70 anticipate
requirements.
speeuIAtioa In Cotton
has been crippled and the market consid.
erably crippled here and abroad by the
failure Of Morris Ranger and several other
Liverpool firms, whose ventures have been
heavily on the bear side OF the market, but
no American houses have been involved.
The dry goods trade has continued quiet.
Consumption has been delayed by the re.
cent mild weather, and jobbers' orders - .
rule have been for small sssortments. The
favorable change in the temperature is ex.
pected to bring out good
Many Defers ed Orders.
although the greater part Of the fall trade
is now over Distributors are carrying small
stocks, and supplies OF desirable fabrics in
first hands are not excessive. The anthra.
cite coal trade has developed no improve
ment, and the market 10 weak, although no
actual concessions have been reported.
Furnsnce sizes are accumulating better
feeling is apparent in the iron trade. aud
1.-THE outlook is more encouraging. S1ne
large sales OF inferior brands Of pig iron
have been made at low prices, and IN all
branches OF the trade there are indics.
tions OF
An Improved Demand;
although as yet no general activity isnotei.
Inquiries are reported in Pennsy!vsnis
mills for about l5o1J tons Of steel rails.
but at lower rates than makers are Rs yet
willing TO accept
Gram values have generally advanced.
The price OF wheat shows u net gain for the
week Of \ to ? cents, largely as = result
markets. There has been some evidences
OF increasing interest on the par. OF foreign
buyers, but the jump in prices. as we'll -
The Continued scarrity OF Vessels
and high freight rates, have prevented any
Improvement in actual business Tho
We. rs clearances from New York. rhila.
deIphia, baltimore aud Boston foot up
about ]. 10000 bushels, half OF which was
in the form OF Hour. The remote possibil-
i,y OF further political complications in
Europe have been made 10 play part In
the speculative markets for both wheat and
corn this week. The statistical position OF
whe.t is, il Anything. less favorable. The
visible supply in this country Is 10000
Larger than Week Ago
and the amount on passage from all parts
of the world TO Great Britain and the Con-
tinent he's increased over ,gnuOo bushels.
The latter feature is due TO larger ship
mcn's from India and Black Sea ports.
Receipts at Western centers have been
lighter at times, but as rule have not de.
creased in proportion to the expectations
of the trade, which hiss been looking for
more considerable falling OF In conse IIIenoe
OF the advancing season and the bad con-
dition OF the country roads.
Corn has Advanced
about cent in all markets. and closes
strong on the general expectation OF late
NOV, ment Of the new crop. Exports from
four leading Atlantic ports aggregate about
sO0rD bushels Tor the week. aud the visit
BILE supply shows a dccreaso Of $1,000
busltls