Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1883-02-01
TRADE REVIEW.
The Condition Of Busiasss at the
Close OF tho Week.
The Iron Market Dragging Heavily Along
ABs.ter Feeling Perading the Wool
harket-Fluetuations In Wheat
-Exeitemeat In Corn.
FAIlusEstH wEsIviRGixiA.

Nxv Yo,x January 3l.-Bradstreets. just
;.sr.a in raw ieying the business OF the past
81 ,.r,. Dispatches from the trade
c.n,e, of the A ,untry reveal that doubt -
- m. action of Congress with respect 10
t,r;{ legislation . nearly everywhere hsv.
ing . retsrdipe in duence upon the move
usnt ~ bn,;n.., In the west tfads has
b.,p slov, ovipe TO ths heavy storms and
consequent bloekad. 2 In ne sa.s usos
Ire =.
The market continu, = 10 drag heavily. IL
10 now generally admit TED tbat the dspres-
zion iscaused by the tai III nnksrins gong
on at Washington. Al mmcdiate ad'
journment BY Congress, \ amer man the
,ros,sct NJ an inde6nits continuation Of
the proceedings - at preseI - progressing
would be preferable. Manufs cturers repE,
no advance In prices. One 10, ioi 20 tons Of
puddled bars was sold at Phil yocaphia our
ing the past week at private tahs fiae
iron continues dull and out demand
Tank and sheet are not notio no'y IN re-
quest Steel rails have coniin ued quiet
during the week. No contracts moment
are reported and rates are quoted tsogtoO
at mill for large lots. Pig iron n mains ..
last described-inactiye, with buy, 20 CUT OF
the market Prices are unchanged Stocks
are loW-in fact very low, and & we're ap'
pears TO be no intention Of incrcas ing de-
mand or extra production until tm texts!.
lug tariff unceI IAiniy IL done a~ayN ,iih.
The Scotch pig market at New ORR 10
ouiet At unchanged prices. The sale tdur'
ing the week amounted 10 about 900 toas
OF various brands OF spotlots. The arr vais
..l .hA,tN A M h1
south and west close competition aud ~,
of man uiacturing enter less keenly 80
the present situation. and the state Of he
iron market at centers in those regions %
reported better than east of the AileshS v
pics.
TIE general movement during the pas,
week has reached satisfactory proportions
end q better feeling pervsdes most Of the
domes tic markets. Confidence In the sta.
bility of current values is increasing and
when supplies are needed manufacturers
pay the rates asked with lees hesitaucy.
There Is not much disposition 10 antic.-
Pate requirements, however, unless some
81 ccial bargain Is offried--and opportuni.
ties Of th,s kind are rarely presented, -
sellers generally look for higher rather
than lower prices In the future. There 10
nothing in the present condition OF
ailsirs TO indicate any immediate improve.
ment; but stocks are 30 well In hand that
any change that may occur Is likely tobs
in sellers favor. The supply OF tne cloth.
ing Wools 10 ample but not large. aud there
is no unwieldy accumulation Of any kind
Of washed fleecss. Long staple .ools are
closely sold up, and there Is no abatement
Of activity In demand as mills running on
.a.l .hrtr all haa
and spinners are crowded with orders.
Western markets are rather lirmer. but the
severe cold and transportation difficulties
have prevented any general ACTIVITY NJ
country points during the week. Recsips
at the sesboard have considerably de
creased.
Americas wheat Market.
The markets for wheat have been excited
and auctuatoi rather widely during the
past week, the general result, however, be-
ing an advance in prices. On Monday the
speculation In Chicago had advanced the
the price Of February wheat 10 1904. which
was l0c advance In the prices OF the same
option since January 2. The more deferred
options had also advanced In tha same pro.
portion. May being o. higher than on Jan.
considerable extent, followed Chicago, but
the advance WAS only little over half -
great
Notwithstanding the large wheat crop Of
lss2 IN this country the visible supply OF
wheat In The United States does not In.
crease mnrh beyond Whist IL was NJ the
corresponding dates OF tho previou, year.
when the crop was very small, and In visw
/ IL the decreased estimates OF the crop, its
| to be doubted " We have any larger Ell.
portable surplus Of wheat than al this TINS
iwo yesrs ngo.
The stat. m~nt Of tho visible supply Of
~l,at in Ghr United States aud CaBsds on
January ~, % compared With January Is.
shows an ihsisase of 3sI ,6s3 bushels.
Cevo.
The corn market has been excited and
has experienced some rather violent aur
tur,iops NJ The result Of the specuIstions ID
Chicago, which have taken the shape Of
corner In the January option.
IA remarked IN our article Of lest week,
| ti-'e ~ Q prevailing belief that The corn
."'", has been over estimated, and this,
with the continued demand In the country
for feeding purposes, the diminished r'
riysls st the principal western points are
Sufficient reasons for the present high
prices. The statement OF the visible supply
| 20. ss compared with January Is, shows 90
| Increase Of 49, ,2s7 bushels. The high
prices Of corn has caused large oonsump.
tion OF oats.
west Vivg1Dia HsslsssA
Braxton Court Houss-Bazter 4 Camp
bell, fsnefal store, are reported 20 hsvs %.
| signed.
Ksy,er-D. McDougald 4 son have ~
| signed TO Guess A psge, Liabilities heavy.