Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1883-11-12
CONDITION OF TRADE.
Effect OF the Weather and the
Elections.
DuLINEss AMONG THE IRON MEN.
Speculation Causes a Sharp Advance
in the Price Of Grains Coal
Accommodating Rapidly at
the Seaboard.

New YoRE, November ll.-Bradstreet':
reports say:
The recurrence OF the fall elections in
several States and continued mild and un
favorable weather in some localities have
had restrictive influence upon business
in some departments, and the week, on the
whole, has been quiet one in the general
merchandise markets. Trade, however, is
not quieter than usual at this time OF year.
1t is the season for sbating activity in most
branches, and, aside from the increasing
movement that may be expected for awhile
in certain specialties adapted to the coming
holidays, there is reason to anticipate q
gradual
shrinkaRe In the Volume OF Business
during the balance of the year. So far,
however, as the prospects for the steady
recuperation and future healthfulness of
legitimate trade and industry are con-
ceIued the situation is not unsatisfactory.
The underlying feeling in commercial cir.
cles is generally hopeful, although specula-
tion is dispirited, and conservative meth.
DDS prevail in nearly all branches OF trade.
The feeling is especially strong and cheer
ful in the farming community and among
general tradersand manufacturers through
out the West and Northwest and in the
Pacific Coast States
The Weeks Failures
in the United States and Canada number
III, against 2l5 last week and 2l> the pre-
vlous week.
Tie cotton markets have ruled quiet,
and the net result of the week changes in
values is slight gain to buyers. Exports
have been lighter Dy 1000 bales than for
the corresponding week last year, and since
September l the agr rrgate clearanceS show
a decrease of 10000 bales. COnsumpIive
requirements are moderate. The distrIbu'
tive trade is quiet, and some lines OF sta.
pie fabrics are beginning 10 accumulate.
although the general supply is still under
good control.
The Yarn Trade IL Dull
in all its branches. Consumers Of wool
have been buying sparingly but values
have been fairly maintained. 1t is believed
that manufacturers, with some exceptions,
have bought good deal more wool dircc'
from growers this year :han IN former years,
and are therefore in better position 10 re.
sist any upward tendency of values than
usual. The condition of the WOODEN goous
promote caution in manufacturing circles.
In consequence of a scarcity OF vessels, an.
thracite coal has accumulated here, but the
general position OF the trade from the
standpoint OF the selling interest is
Represent ed as Satisfactory.
Inquiries from the East and South are fire.
quent, as stocks at those points are getting
low. The domestic sizes are scarce, but
f,lr
tiful and dull. A noteworthy feature o!
the iron and steel trade has been break
in the price OF steel rails to :35 per ton at
works. This price, it is said, barely covers
the cost of production even under the
most favorable conditions. a lot Of 10000
tons was sold at this price, and large
amount OF business is under negotiation at
the darlirs The uansrsl nntlnnk in the
by the
DuIIness in Manufactured Iron.
Some of the merchant bar mills have re-
duced capacity, and the wages OF labor; and
further reductions OF both, are considered
probable.
Speculation has caused sharp advance
in prices in all domestic grain markets, ana
the onward trend Of values on this side OF
the ocean has influenced some improve
ment in English and Continental markets.
The relative position has not changed suiti-
GENTLY to admit OF any materia. increase
in the outward movement, hut the export
outlook is better than last week, and there
is a general feeling that foreign orders will
improve il American markets sustain the
advance long enough TO confirm the c1nil-
dence that is now apparently gaining
ground. There has been
Considerable Fluctuation in values
and closing rates are not fully up to The
highest point reached during the week;
but, as compared with this time last week,
quotations are 2c to &c higher for both
wheat and corn. The advance in wheat
has been established in the face OF con
tinued liberal movement from the interior:
which has caused a further increase OF
:. .i'luehels in the visible supply. This,
, 'gr., re than Offset by decreae
80 bushels in the amount allot
, 1t Britain and the Continent. The
.io,R Of corn in sight in this country has
decreased about 2OO,000 bushels, aud the
snnnly on the ocean is go, 600 bushels
Smaller Than a Week Ago.
The rise in the price Of this cereal has
beep helped By the inferior grading o
much of the corn now arriving, AS well a.
by the falling Off in receipts and the pros
nc ct of a late marketing OF the new crop IN
%, sfnuence of recent unfayorable wea he-.