The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1883-12-24
THE OLD KNOT RETIEl
STATE OF TRADE
The Barter and sale sf a Week and the
Present Prospect.

Tne bnfter anu Saie St Week anu Inc
Present Prospect.
NEW York, December 2s.-The move
ment OF general merchandise during the
week showed a falling away as compared
with the week preceding. This Is in large
part due to the customary decline in. whole
eale purchases just prior to and during the
holiday season.
In industrial lines wages have been and
are about to be. very generally reduced,
The steel rail mills have nearly all sue
ceeded in arranging with their men for q
10 per cent reduction. A number Of the
machinery manufacture in New England
have curtailed production by employing
fewer workmen.
Thread and print mills are discussing
like action. The market tor; raw iron, Is
very irregular. Prices are obtained al
rates best; suiting those making them.
There has been one sale of Pennsylvania
iron OF 5000 tons for rail purposes, at Sl7
per ton cash. Manufactured iron Is as dull
as ever. Pennsylvania mills have very
generally closed down until alter the holi.
days. The orders reported here for steel
rails aggregate abouti20.0O0 tons.
THE GENERAL MARKET.
There has been no important feature in
the grain market. Wheat basgained from
l cent and u cents per bushel since the
l4th inst, and corn. has lost about &c per
bushel. The former cereal has had to con-
test the influence OF nearly 900, 900 bush-
-. ..o.naaa In TIM x,iaIhia annnlu ond a
moderate demand from abroad, while the
gain in the visible supply Of corn has
amounted to nearly half a million bushels,
and speculation has been very dull.
Provisions closed steady and firm at a
distinct advance on the week, pork being
held at SIS per barrel and each lard at 9fc
per pound. Receipts OF hogs at the West
have been delayed by the weather, and
the home and export demands have been
fairly well maintained.
Petroleum has been relatively dull dur
ing the week. Refined has been in very
light request, but retiners have held prices
up to 6Ic for 70 degree test, without Offer
ings. Certificates have been dull and de.
clining. t
FAILURES OF A WEEK..
There were 2SO failures in. the United
States, reported 10 Bradarests' during the
past week, thirty-one more than the pre-
ceding week, forty.four more than the cor.
responding week Of 1882, and 1856 more
than the same week Of 1881. About u
per cent OF the failures were those Of small
traders whose capital was less than So, 900
Canada and the Provinces had thirty-three
an increase Of one.
WOOL.
Bosrov, December 2S.-The Advertiser II
It's wool article says: The market has beer
almost without any new feature over a weel
ago. AS manufacturers are now very gen
orally upon heavy goods, or are about h
be 90, the demand for descriptions Of WOO
may vary somewhat Thus 1t is expected
that an improved demand for Xtleece vii
soon be recorded, but Xxx remains firm
The stocks Of this description are elaine,
lby some to be larger than supposed, a
though still small, In view Of the recen
good inquiry. 0ne manufacturer goin
over the market Is eaid to have found 500
600 lbs Of 1t easily. All ordinary descriI
tions OF wool are generally In buyers fayo
but there has been an increasein' the sale
Of Territory. The market Is dull, as
usual at this season Of the year, and fu
extreme quotations (as given below ca
only be realized for choice selectione. Th
unsatisfactory condition Of ths goods ma
lket, now almost without exception, causI