The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1883-12-03
STATE OF TRADE.
THE GENERAL BUSINESS SITUATION

|
Not Remarkably Brisht-rhs Ifatnee Of the Al
prosehIss Holldays-BOom In POrk-Ths Iron
aark..stni Conllnuss Dall-APair Bus.
Il in.ss In Hool-Buytr Numerous.
i NEW YoRK, December 1.-The genera
movement Of merchandise during the weel
as reported in special dispatches to Brad
Streets, has been more moderate than 70
some time past. The holiday character Q
the week has curtailed the volume Of trans
actions. The approach Of Christmas an,
New Year's, whils stimulating certain de
pArtments Is retail lines, in no way help
wholesale dealers or jobbers, except 10
reaesertment lots from holders Of special
ties, which are salable more particularly a
this season. The dry goods movement ]
generally duller, and sales are quiet. AT
few western points ouly are sales reported
to be ofmodera.ely satisfactory proportions
although the present season is general!
classed as dull time. 10 industrial line
there has been more restriction OF product
ion.
Wheat prices in the week are up about
lac, failing to sustain the promise oi the
| incipient boom Of fsT days ago. Corn
has shown more strength and has gained
1c in price and upwards, in closer sym.
pathy with provisions, which have enjoyed
genuine boom. The gjzstting OF the
order in Paris resembling the prohibition
of the importation oil American polk, while
not promising immediate heavy additions
to the export demand, warrants some gain
in price, which Is perhaps being more than
discounted. Lard asgained 10 per pound
and pork 50 per barrel in the week. P&-
troleum Ia steady. Tne situation continues
to favor higher prices, which, Of course,
may or may not be permitted 70 go into
force. The loss to stocks oi crude In tank
during November will average about 0O0
barrels daily, which will make about 70O.-
COO bairsls less since August l. Ocean
freights are firm but dull.
There were 233 failures in the United
States reported 10 BradStratS during the
past week, more ,hln the preceding
week, 40 more than the same week OF 1857
and "a more than the same week oil 1881.
IRON.
The American pig iron market is quite
as dull as last reported. Prices are nomi'
nally the same, but for spot cash are in
reality lower, and the outlook is for lower
basis still. Prices Of No. ], while quoted
at $50 50. arc for cash $50. No. . Y, while
$40 50, may be obtained for SID. And grey
iorge, which Is named at $l7 80, may be
expected for cash offers at 25c less The
demand is moderate, and, while produc'
tion is more limited, the former has not
causht'up with the latter. Manufactured
| iron Is yet dull. Lsss than % Is accepted
| for cash offsrs, and makers fad no salts
factory outlook this side OF the latter part
OF January or February. There Is some
demand for sheet and plates and q better
reqnest for structural, but merchant
bar is s.sguant. Daring the PISS! week
the Times published dispatch from
Cleveland ssyiug that the steel rail trade
was especially depressed by the sale Of steel
rails al S33 90 per ton, against the recently
cut price " SS5. This Was not true. The
report was tie outcome ot the alleged sale
Of steel rails at the West atS3o. The tele'
Tgram was based on the supposltion that
rails at $50 so at the West were equal to
$35 ut Pittsburgh. But where authority was
gained for the statement tha! the L9cka
| wanna Steel Company had cold rails q,
500 50 II is imp 1eslple to say, for 1t is not
uua The authority for the denial is the
President Of ,hs Company. The Scotch
pig iron market Is lower and not stronger.
The arrivals this week amount to 500
tons and sales are nominal. November's
sales will perhaps aggregate twice those Of
November 1882 Thoss OF 1888 10 date will
exceed those OF 1852 TO q like date at New
York. None OF that arrived last week waa
stored. The total in stock Is about 5000
tons.
wool.
BosToS, December 1.-The Adretiiser In
its weekly review Of the wool market sayt:
The business OF the week has been very
fair, considering that owing to Thanksglv-
ing day, It Is not a full week. The sales
have been $4,000 less than a week age;
the decrease has been very largely in do
mestic wool, Of which the Gales have been
i l,562, 600 lbs, against 1,207. 800 last week,
or q degree Of $4,000 lbs. OF foreign the
sales were 24l, 200 lbs, against $4,000 last
week, or decrease ot 50.So0 lbs. The
largest decrease was in the Gales OF un-
washed and unmerchantable, Of which the
sales were 102 500, against 200. 500, making
decrease OF 12S, 800. OF Ohio and Penn
sylyania the sales were 2Sl 800, against 81 !
600 a week ago, or decrease Of 19,700.
Again, buyers have been numerous,
but their offers are not very generally Sat
isiactory 10 dealers. There bus been more
inquiry for good Michigan wool, end de-
siiable lots will command S5i with some
thing extra at So; but manufacturers are
extremely careful OF buying, and more in'
clined TO Offer. SIC than to pay even 35t.
Stocks Of tine feeces are 30 l:ght that they
will all be wanted. The business In comb
ing wool Of desirable grade is fair, and the
tone OF foreign markets has strengthen
ing influence. Pulled woods continue quiet,
and the tendency Ia to lower prices. Maine
supers, which have been as high as 44s,
can now be bought at 42t. The wide range
in the prices Of the sales oil unwashed and
understandable wool is noticeable: Ad.
vices from San Francisco are that the fall
woods are all in there, with prices ranging
from 7al7c.
->S&-
Leaped 10 Death.
CHICAGO, December 2.-Abeut 5 Pm.
18th ,,a,, hxiclr and atopa hInrk