The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1883-03-05
THE BUSINESS WORLD.
THE GENERAL CONDITION oFrRADE
Reports from the Commercial Csntsrs OF til.
COuntry-Substantiai Improvement Noted.
Condition OF the Wool narkst-No
Special Change In the Iron Trade.

4 Condition OF tho Wool Harkst-so
Special Change In the Iron Trade.
NEW York, March S.-The dispatches to
BrGdstrests this week from the trade centera
OF the United States again tell Of improved
feeling in general trade, and this in spite Of
a comparatively large increase in the mum.
ber Of failures reported for the week. The
cotton situation is unchanged save as a
somewhat greater faith in big crop figures
gives q downward tendency to prices.
Wheat showed declining tendency up to
last Thursday, in consequence Of the i'm.
provement in the weather throughout the
west and also Of the increasing arrivals at
western points. But the cable reports ol
the very uniavorable aspects Of the crop
prospects in the United Kingdom and in
western Europe on the day caused an
advance in the foreign prices Of both
wheat and corn, and this was
reflected in an advance in American mar.
ke,s, which for the week was nearly lc per
bushel on wheat and from II TO &c on corn.
The exports OF breadstufis from the seven
Atlantic ports for the week 10 February "a
were little less than in the preceding
week. The imports Of dry goods at the
port Of New York for the week to Friday
night, March 2, were S4,502,56 against
s., ,l49, l2S last week, showing an increase
OF over 100 per cent. The amount with
drawn from warehouse also showed q
nearly equal increase, the total for the
week being 81, ,l57, ,0i7, against $2,3ll ,0S3 in
the preceding week. These are the largest
figures Of imports this year, and show a
large increase in the volume OF business.
There were 260 failures in the United
States reported during the past week, SO
more than the preceding week, 10S more
than the corresponding week OF 1882, and
126 more than the same week Of 1881.
| IRON.
The iron market as yet has enjoyed no
actual improvement, but, as may have
been inferred from the discomfort exhib.
tied at the Congressional debate over the
tariff, "the feeling" in iron and steel cir.
cles is greatly improved. This, Of course,
is due entirely TO the prospect Of relief
from congressional interference, owing to
the near approach OF the time for the ad.
journment OF that body. The condition oi
the market lor american Pug ls unchanged.
II ls extremely auli, the contracts ~, as RUE,
nave neeh iew anu iar peIWeen. w lhecufreht ~
q1otations ior NO. anu NO. are 20 anu
pa, but II Is . mater - OF common hotoriety,
among members OF Ine tIaae, AZ least, that
on sucn contsacts as nave already oeen
maze these ns9res nave peen suolect 10
shading. one ol the leaaing pug IRON com
panies mas aireaay agreed 10 70 Sa season aeilVc w.
cries agrsgaGhg oetweeh ovoOV anu 4o,voo
tons OF NO. : at szV oV, or ABOUT - oo DC,
low the Gutfent 9uotatons OF tIat graae Oh
IRON: waterman m eompanies nave taken
most OF thls. Lnete ID goou reason 10 oe-
leVe, ailef carelul inquiry among leauine
mahuiacturers ana tepresentatiNes, tnat IN
ABOUT TWO weeks season con!racts WIZ oe os
iresiy a made at nguies averaging apo9t 20
ala ~, respectively, iof NO. anu NotS'
Inc scotch pig IRON market at New I orK
continues unchanged as 70 prices and d! ieel.
ing. Inc sales during the week VIII ioot
up ABOUT ,zoo tons Oh various prands, ana
the arrivals ABOUT l,ooo tons, some OF
which go into store. About l,O0o tons oi
Bessemer pig IRON nave also arrived, nay
ing been SOLD prior 70 its receipt at TINS
port Manuiactured IRON Is duil. kehned
par continues TO DC quoted a. 2.2a2'Sc, ana ,
~.