Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1883-10-29
BUSINESS OUTLOOK.
a ,Iaiet and Ursvsntful Week In
Trade Circles.
BUYERS IN ALL FIELDS CAUTIOUS.
A Good DelHad for Wheat, While. Wet
Weather Gives Sustaining Force 10 the
Corn Myihket-F aswes on
the Cscrease,

Nrw YoKK. October 2S.-Bracstreets re.
ports saw: This has bsen quiet and un'
eyentful week in geners a! trade circles. An
even. steady demand has prevailed for most
descriptions OF merchandise, and the move.
mept in the aggregate has been fair in oil
DEPARTMENTS; but there has been notice
able absence Of activity or excitement in
the markets. Operations are on q conser-
yatiye basis in all lines, Buyers take what
they need FOR immediate distribution, but
generally refuse 10 anticipate requirements.
This sort Of
Trade L. HcaIthfuI
and will be likely TO prevent recurrencs
OF depressing reactions such as have dis
,urted COD tidence and caused numerous IN.
solyencies in the recent past; but 1t is not
the kind Of trade that merchants have been
accustomed TO in other years under equally
favorable conditions for active movements,
and the change is Disappointing and provo
Cative OF n good deal OF complaint In some
quarters. Tne general feeling, however, IL
hopeful The business failures reported
this week number 2lS, rs against 2i3 last
week. Nearly hslf Of these suspensions
occurred III the West and south.
There have been
No RadicRI Changes
in values in any o! the markets. Staples
Of manufacturing supply have been sell
ing rs J,Uirtd for immediate wants, but
there has been no general activity. An
inventory OF wool stocks i'll lesding East
ern markets discloS's the fact that the
available supply OF domestic clip Is much
smaller than at the corresponding period
A
firm fu'ing among holders, although the
volume Cf business is ~ per cent higher
than few weeks ago. The distribuiiye
trade in dry Goods and similar lines has
continued Uuiet. but there have been no
ru:,Nurthy price changes in any depart
wC't. Another large failure in the
Manufacturing Clothing Trade.
snd the announcement ot an impending
suction sale Of 1900 pieces OF woolens,
c,mprl,ing the enl.Te stock OF bankrupt
n.n m New York, have had a Julcilng
eject urou the market FOR goods The sn.
rhrrCire coal trade is quiet. The lins anu
city trade in domestic sizes has Coaitnu'i
SAT-, iuytuTy. bat furnace Goals have IJuni
A SLOW market. Eastern buyers. antiri'
pating lower prices. have been holIing IH 4.
out circular rates are unchanged. ihr
iron market continues weak and unsettled.
made at further concessions, and IN CON
struc,iOn iron and material for engineering
requirements there has been
LtttI- More Activity.
but trade generally has been unssiistac-
tory.
Export trade in grain has continued un-
satisfactory, the combined clearauCss OF
corn and wheat. including Hour, from
Atlantic ports Bggregating but hltle more
than / SOU, 40 bushels for the week. There
has been, however. n little better inquiry
for wheat, and larger business could have
been done but for the prevailing scarcity
and high cost 81 vessels at all ports. spec
ulstion has taken its cue from the oondi'
lion Of foreign demand. and, while at times
more active, hss been aS rule hcsltaiing
and uncertain. but with, IL anything, "a
more general
Leaning Toward the BUit" kide
Of the market Prices have huciuatei
within the range ot y to lc,, but the net
result OF the week business shows lituo
variation from In. rates current a week
ago. The stock in sight in this country
has increased $500 bushels, but the
amount on passage from all parts ol the
world TO Gre st Britain and the Continent
shows n falling oil OF AcupO bushels. As
the movement from interior points 10 be-
ginning 10 inCrerse, IL IL generally beleVed
that the visible supply Is now very close "
not quite up 10 The
Maximum for the Crop Year.
The weight OF opinion among operators ~
in favor OF higher prices ~ soon ~ sHpor'
ters begin TO take hoId with more freedom,
aid the indications of improving dem'nd
that have been noted this week have in
nurnced 4 more confident fesliDg through.
out the market. The corn trade has ruled
very quer, but the Wet weather which
promise, TO delay receipts OF new crops. has
proved stusIaining influence in the market.
and prices at the close sre shade better
'har last week. The visible supply has de-
r,r.ed |. IGs. .clT bushels, bat ~ still 1,3p
iu ru,I ,ls larger than year ago.