Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1883-11-19
TIE WEEKS TRADE.
Effect of the Weather and sp-
preaching Holidays.
THE OUTLOOK IN THE IRON BUSINESS.
Speculation in Wheat and Other GRAMS
Hesitating and Urcertain-Specu-
IatOrs Holding AIoof
From Corn.

NEW YORK, November lS.-FolIowlng Is
a summary of the weeks business as COM
piled from the telegraphic adyices received
at Bradstreets agency:
Retail business in nearly all lines has
been stimulated during the past week by
the cold weather, and the improvement in
this respect has been reflected in increased
activity in some of the wholesale markets;
but the distributing trade as a general
thing has continued moderate and on
basis of actual requirements. The move
ment, however, is fully up to the average
for the time of year and
The Situation is NOt Unsatisfactory.
Trans. Atlantic steamer lines are well en-
ployed on miscellaneous freights, and the
general export outlook is improving. Bus
mess failures continue numerous in the
Western States and are increasing in New
England. The total number reported for
the United States and Canada this week Is
235 apainst 2l5 last week.
The cotton markets have hardened
slightly for futures" and spot prices nave
been generally well maintained. Exports
have considerably increased, but the ag5re-
gate for the crop year to date is still lOO,OOV
bales less than for the same time last year.
CUnsumptive requirements have contln-
ued moderate. The wool trade has ruled
quiet, but values have Deen well supported
IN all markets, in conSeQ uence OF the light
stocks and
A Further Advance In Competing
Qualities
IN Australia and England. The distribu-
tive trade in dry goods has not been active,
Uut the cold weather has quiCkeued con-
sun! ptiOn and. there has been Il more gen
eral iLqu:ry for reassortments. All the
orders are being booked for certain special
ties for spring requsrements, but as rule
iobhcrs are not looking so far ahead. The
IoCal Industrial situation shows little
change. All the wOrsted mills are well
emrioyed, and some additions to the pres
ent capacity on this class OF textiles are in
centem plation. 4 few leading carpet mills
are working full and even overtime on
popular goods; but good many are not
running all their looms, and the general
outlook for spring trade in this department
is not altogether satisfactory. Cotton
manufacture shows varying degrees OF &C
tivity, but while some mills are fully en-
ployed the majority are
Running on Part Time
and a good deal of machinery is idle.
There is continued complaint of lack OF
profit margins in this branch Of the textile
industry. In the iron trade some large
sales OF forge have influenced a better
feeling and some expectation of an i'm
proving market, but mill owners, as a
rule, adhere 10 very conservative policy
pending change for the better in the de-
mand for the finished.produCt. 1t is believed
that the action of Western nail makers in
ordering a Suspension of production from
December - until February 4, will pre-.
vent further cutting OF prices here and in
the West. The structural iron mills are
well employed, with prospects of good
winter business. Pennsylvania Car works
have
Large Orders for Cars for Coal and
Freight
and all the bridge works are busy. ID
mestic sizes OF anthracite coal have been in
hett,r demand, owing to the cold weather
The line and city trade is active, but a
scarcity Of vessels has restricted business
for Eastern shipment There is cousid
erahle accumulation OF broken coal. which
is being reduced to more salsble sizes
Tie fluctuations in grain values have
been within the range OF = to lc., and the
net result OF the weeks business shows lit
tie change from the prices current week
ago. ChiCagO quotations are &c. lower and
Ess, m prices about the same as last week
the ullerence being attributable to the
respective close OF navigation and an al.
vance in rail freights from the West to the
East. Exporters have shown more inter
est tt times, but
The Volume of Business
on foreign orders has continued moderate,
as bids in most cases have been too low
either for the grain or for vessels, which
are scarce at ali Atlantic ports. The actual
clearances from New York, Philadelphia,
Boston and Baltimore aggregate less than
10000 bushels OF corn, and little over
| SO1, 100 bushels of wheat, including -four.
The visible supply statement shows de
cresse OF 700,0J0 bushels OF corn and 3jl,.
900 bushels of wheat; but this falling off in
the domestic stocks of wheat is more than
offset by an increase OF 800, 900 bushels in
tie amount ahost from all parts of the
world for Great Britain and the Continent.
The amount of corn on the ocean is 200, 900
bushels
Less Than Week Ago.
The receipts OF wheat at Western centres
continue fairly liberal, and new corn has
begun to come forward, although not as
yet in any considerable quantity The
quality of the new crop is fair for the sea
son. Speculation in wheat has been hesi-
tating and uncertain. There has not been
sufficient Improvement in the export situa-
tiun to encourage an advance, but the
Ireya!ent expectation of decreasing stocks
| st home and abroad and an early change
iur the better in foreign demand has re-
strained short selling and prevented any
material CeCline. Spectators are holding
Ccf from corn, because OF a general un-
certainty as to the movement and cOndi
Of the new crop. The cold weather is
4 L. .1,