The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1883-05-01
anninnia Proapecta.

The condition OF business generally Is far
from satisfactory, very largely owing to the
prevailing impression that the crop outlook
il bad and that industrial troubles OF q seri-
GUS character cannot be delayed longer
than midsummer. There has been no
positive improvement within q week,
though o better tone is manifesting itself at
the great centers. The Financial Chronicle,
q close and careful observer, not Of bullish
tendencies has this to say Of the situation:
The iron industry must soon adjust itself
To the changed condition OF affairs in that
branch OF trade, and q proper equilibrium
between production and consumption be
established, as we'll as a more nearly even
scale OF wages for the different sections OF the
country be devised. Then a milder tempera.
ture can hardly DO much longer delayed,
and with more propitious growing weather q
decided improvement In the state Of the
crops will take place. Indeed, already there
are very encouraging signs 10 the sections
least affected by the past weeks cold weather.
The reports Of very heavy. damage to the
wheat plant on account Of winter killing, so
prevalent q month ago, have been considera.
DIV mUulutut anu III hH4y ul1tElCtn ftIl
pronounced progress for the better has been
made since the first OF April, though OF
course the plants still backward, and has,
therefore, as said at the outset, been but Lit.
tie II any affected by the cold temperature OF
the past week. At the same time this cold
weather has notinterfered with spring plant
Ing, and everywhere In the farming districts
the work has been actively prosecuted dur.
ing the last ten days.
Tho outlook for the crops, therefore, Is not
unpromising at the moment, and a. railroad
earnings, though not as heavy rs they have
been, still continue large and above the cor.
responding period last year, and as money Is
easy and flowing toward this centre, and as
there is a fair export movement In progress
accompanied by . smaller import move
toward lower figures by reason Of railroad
loans negotiated abroad, as there are all these
favorable influences, q most hopeful feeling
prevails, though 1t Is not TO be denied that
operations are conducted with extreme eau.
ton, audthat there Is o very generous dis.
position To await the outcome Of the crops
before engaging UPON ventures OF alarge or
difficult character. And this disposition Is
we'll reflected In the transactions at the Stock
Exchange, where prices fiuetuate within
very narrow limits, and speculation Is halt
ing, timid, uncertain, and business insutfer-
ably dali. As TO the probable yield OF
wheat. It Is manifestly too early as yet TO
form any kind Of Judgment
Railroad earnings have Ia terly been some.
what less favorable, not that there 10 any do,
cided or general falling OF from the figures
OF q year ago, but simply that the increase
mo longer 20 large as II was. The explana.
ton offered Is that farmers have bean so &C.
tive with their spring work that they have
not been able 70 give much time to send
Ing produce 10 market, and that as q conse.
quedce the railroads have had q smaller vol.
ume OF this kind OF traffic. Especially is this
stated to be true OF the roads In the South.
west which In n or two CAGES show . de-
oreaAa.