Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1883-03-12
BUSINESS.
A Healthy 0utisek 10 ali Dlrsc-
.tions.
Amarked and General improvement ia the
Codition ofwade Attributed to the
Restoration Of Confidence Since
Congress Adjourned. 49,.
CATTLE AND HOGS IN THE WEST

New YORK, March 1.-THE telegraphic
reports to Bradstreets' last week from all
the leading trade centres Of the
the country are confrmary of the antici.
pated improvement Of business conseq uent
upon the adjournment of Congress and the
enactment OF Tariff bill. The dispatches
are uniformly favorable as regards the
prospects Of the spring trade. Wheat has
shown a declining tendency during the
week, owing to the fact that the accumula.
ton of foreign wheat in the United King
dom is large, and THAI consequently, there
seems to be less urgency there to provide
against the shortage in the next crop. The
rumors of damage to the winter wheat in
Indiana and Illinois have, however, sus.
tanned the market and prevented q decline.
Corn has has remained comparatively nm
changed.
The leading iron markets throughout the
country report an improved feeling, due 70
the adjournment Of Congress and the cessa-
ton Of tinkering with the tariff Ameri.
can pig.iron makers have announced their
readiness to accept contracts for immedi.
fered at $24 for No. I anthracite and $2s for
No. 9. These prices were foreshadowed in
this column last week. Consumers, how
ever are inclined to hold of q while longer.
Manufactured iron Is in improved request,
as is spiegeleisen, although the latter is
quoted at $40 and $3.50. About %. 900 tons
Of steel rails have been contracted for dur
ing the week at $50 and $40 at mill. The
situation, therefore, is one of moderate
gain only.
The speculative petroleum market con-
tinues TO iuctuate as the reports OF new
wells are made good or proved TO be false.
Stocks OF Refined oil abroad are heavy, and
the outlook here for an increased produc-
ton and the large stocks have prevented
exports in spite of the decline in prices
during the week.
The coal trade, both anthracite and btu
minus, continue quiet, the former awaiting
the arrangement OF the spring schedule OF
prices, and latter the opening Of naviga-
of anthracite to date is about 400 900 in eX-
ress OF a like portion OF 1882.
Ocean freights continue low and the de-
mand for charters is very light. Berth
rates are not high. and the movement OF
produce abroad Is rather quiet than other.
wise.
There has been a fair consumptiye de.
mand for wool in all markets and prices
shave ruled steady.
Cattle In the West.
Advices from Fort Benton, Montana, re.
port cattle and sheep as having wintered
we'll and being in good condition. It's said
that sheep owners who since the winter OF
lss0-Sl have prepared themselves with an
abundance Of hay have as yet fed little or
or none of it to their hocks. The
stock interests Of this Territory, are
in a highly prosperous condition. Ii
is doubtful il any considerable quantity
OF stock cattle could be bought for less
than S35 per head, including all branded
calves. Sheep have not advanced in price,
but ali unusual demand for them bave thus
sprung up. 1t is almost certain that the
sheep interest of Montana will increase
rapidly, now that il is becoming accessible
by railroad. During the last six years the
wool product of Texas grew from $40, 900 rs
10 800, 900 lbs. The ratio Of increase in
Montana will be larger than this during the
next five or six years.
Hog Packing.
The Cincinnati Price Current says: The
first week OF the new season, commencing
March ], affords little to comment upon in
a comparative way. Receipts OF hogs at
Chicago have been about the same as for
corresponding time last year, shipments
somewhat less. leaving about 1900 more
for home use at that point. Returns from
the few other places indicate some
increase ever same time last year in
the aggregate. and for seven points
from which We have information the total
is 5000. against 81, ,0o0 hogs packed during
the same time last year. The condition OF
hogs now being marketed Is understood to
he considerably better than year ago:
The demand for product is we'll maintained
from consuming districts. but speculative
confidence has weakened during the week
and prices have been reduced, closing at
the lowest point