The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1883-11-05
THE BUSINESS WORLD.
THE GENERAL coeo TON OF TaAtE
R.sortoi TO bs 0, a n.rs poa.rats Character thin
or"m' weeks ta,t-So Change In the Irua
Market worthy 0, nots-rhe Weol Trade
Llrsnsd Up Somewhat by large Sales.

Market Wodhy OF hots-The Eeol Trade
Lrensd up Somewhat by large Sales.
NEw YoRK, November 3.-The move.
ment Of general merchandise during Tie
week, as reported by special telsgramB
from leading trade centes 10 Bradarea's,.
has been Of more moderate character than
for some weeks past. AT a number Of cities
the, October trade will compare iayorabiy
with that in the corresponding month last,
year, while at most distributing points the
volume OF traffic for August, September
and October will messurably exceed that
taking place in the like three months In
1882. Jobbers in general lines at eastern
centers are mainly doing a reassortment
trade. In various portions Of the west the
unfavorable weather has continued toin-
teriere with general trade. In some por-
tions OF the northwest the mUvrinenl of
goods has continued TO be active and in
excess OF the rate OF distribution at the
east. Tho tendency OF farmers at some
points to hold back their wheat and corn
for higher prices has had an unfavorable
effect on traffic returns. The industrial
situation Is no worse than 1t has been for
some time past. The glassmakers, bitumi-
nous coal miners in western Pennsylvania,
and various other trades 10 a lesser extent
have been involved in disputes with their
employees as to wages, and In some in.
stances have already capitulated.
Wheat on Thursday advanced to about
70 over the close on Friday Of last week.
but lost 10 yesterday. Indian corn advanced
about &c to Thursday evening, aud added
another TO yesterday. There has been no
substantial gain in demand It is the opin-
ion that little real gain Is likely to be made
In prices OF these cereals before January l..
Provisions are slightly higher, due, forthe
greater part to manipulation. Ocean
frejghts are dull, and exports generally are
light. There were l0j failures in the United
States reported to Braistreet's during the
past week, II less than the preceding week,
IL more than the corresponding week Of
1882 and 10 more than the same week Of
1851. 7i5'
IRON.
There has been no change in the mar
ket for American pig iron during the
week worthy Of special notice. Prices
still remain at S2050 ior.N I X, and
$40 50 for No. 9 Y. Sales Of late have not
been in excess f those in preceding
weeks. 1t is reported, and obtains belief
in some quarters, that some lots OF No. 1
have been disposed Of for $50 spot cath
"fer investment" but 1t Is worse than use-
less to try and verify 1t. Pig iron Is lower
than 1t has been before since 1870, and is
being produced somewhat In excess Of de-
mand notwithstanding the putting out OF
blast of some eight or ten furnaces within
month. The time for the customary fall
business activity has pafs d and nothing
in the way OF areyival Is looked for in the
immediate future.
On November the Western Nail Associa-
tion will meet 10 decide whether the nail
mills shall suspend operations temporarily
or not. Scotch pig iron has not materially
changed in quota Ions. Arrivals will ag.
gregate about 1000 or 800 tons, and sales
are nominal. None Of that arriving was
stored. Deliveries are a little more. active
owing to low canal fieghis. Spot price ex.
ceeds by 50c those for November shipment.
The American Iron and Steel Association
has received statistics showing conaidera.
bic falling of In imports OF iron and steel
from Great Britain Theimpor,siot these
products last month foo;sd up 55,Ii4 tons,
against 6G, ,g23:tons for the previous month.
The total imports TO- the nine months OF
this year were $4,000 tons, while for the
corresponding period last year they were
$50, 005 tons. -.
wooL..,
BosToS, November Ss-The 1araiiaa in
Its weekly reyiew.of the wool market Baye:
The sales Of the week, as reported by the
several houses, show an increase OF /, ,OG6,.
600 pounds sver last week. The increase
is entirely in foreign wool, as the sales Of
domestic were less this week than last, or
2.2ls GOO pounds, against Q. 100000. or a de-
crease Of $4,000 pounds, OF foreign, on
the other hand, the sales were 1,S7S00O
pounds, against 1900 last week, or an in.
creasent 1905, 600 pounds. This is the
largest business for any week since Scptem.
ber 81. Is, 5l,4,
The sales reported this week will be
rather oi Q surprise to the trade. In gen.
eral, business, II the opinions Of the lead
ing houses were consulted, has been no
better than q. week ago. and yet the sales
have been over 100000 pounds larger.
The businessin domestic, twill bo noticed.
has been less than last week, by 24S00O
pounds. There Is o fair tone to the market,
and holders are not inclined to accept the
lower offers tof manufacturers, or sales
would be larger. Much Texas wool has
now come forward, and prices are about
the same here and there, the better grades
being in most demand. Medium territory
woods are slows and easy, but choice Mon.
tana is scarce and In demand at full prces.
Dealers are still Sold ahead in combinR,
and delaine woods sell as fast rs opened.
There are not many lotsof &N woods offer.
Ing, and prices,are strong. Manufacturers
continue beariAh, but II Is generally
thought that theiauction sale OF fannels
will strengthen the goods market.
Vary Churchill Found.
ST. Louis, November 4.-Thomas J. Gal.
lsgher, the well known spBhthg editor Of
the GIObs.Dsmocrat, who has been working