Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1884-04-07
TRADE IMPROVING
Through the Demands Of the Ad.
vancinp SEASON.
BUT THE WOOL MARKET srluL DULL.
The Condition Of Iron Industries Ia.
changed, While Speculation Causes
Break Ia the Prices Of Corn,
Wheat and Pork.

NEW iosK, April 6.-Reports received %
Bradstreet's agency show that The businsss
situation continues quiet, but svincss .
tendency to gradual improvement - 70
suit Of the advancing season and the more
general development Of spring requirs-
ments in the various lines Of trade. The
volume Of business In most departments is
slowly increasing, but individual opera
tions as general thing are characterized
by extreme caution. There 10 not much
trading in advance OF we'll assured require
ments in any line. The general drift Of
values has been about the same - for. ~.
eral weeks psst-dowuward on bresdstufis.
provisions md petroleum; upward oo cot
ton and some Of It's manufactures, and
without decided change either way on
other textiles or on iron or coal. The
weeks failures number lis In the United
States and "a in Canada, total OF 2l3, %
esainst 20i last week. The failures are ex-
ceptionally few in the West and South,
but above the average In the Pacific States.
Wool and lren.
The continued advance In the prios Of
cotton has strengthened the market for
cotton yarns and cloths, but the rise In the
latter has been small compared with the
increased cost Of production, and the situa-
tion Is still very unsatisfactory to manufac.
turers as indicated by the determination OF
Southern mills-annouuced yesterday.to
curtail their output until the market ini.
proves. Cotton 10 y cent per pound
higher than q month ago. and many
brs nds OF sheetings and shirtings are
s,i .yailanla al AaFlv March nrlCHD.
while the small advance on Others
has not covered the additional cost
Yarns are from 10 ~ cents pei. pound
higher, but moving slowly at the advance.
The partial stoppsge OF Southern looms
and spindlss Ia generally expected TO have
q favorable effect on the market New
England mills are running - usual, but
production unless higher prices can bs OBJ.
tsiued. Several fractional advances on
brown goods have been secured this
week. Wool has continued very
dull, aside from staple feeces, the
supply Of which Is insufficient 70 meet
the wants OF the worstsd spinnsrs. De.
mend for woolen goods at first hands has
shown little improvement, but there ie
more activity in the jobbins cloth and
clothing trades: A good deal OF woo!sa
machinery 10 idle In various parts of the
Middle and New England States, and when.
ever practicable man ufaoturers are limiting
prod uction TO actual orders. The anthra.
cite coal trade has continued quite aud
without new features Of interest The
condition OF the iron trade has not matefi'
ally changed. Consumers Of pig lack con.
fdence, and are buying chiefly Tor near
requirements. Manufactured iron 10 selling
fairly on small orders.
Speculation IN Grain.
There has been continued activity In The
speculative markets for grain and pro.
visions with further general decline In
prices. Last week the depression was
chi, fly noticeable in wheat, while corn and
provisions were comparatively well sup.
ported, but this week the demoralirstion
bas extended to the long interest In all
cereals and hog products. Tns rush TO
sell has continued almost without Inter.
ruption throughout the week, and has car.
ried prices for wheat 10 @ lower point than
hes been reached for many years, " ever.
AT this time Of year. The depreciation IN
ysIu,s since the the inauguration Of the
"bnII panic" about two weeks ago, 10 In.
dicat.d by the following comparison oil
Chicago prices for the principal speculs:
tive staples for May delivery Of the close Of
business on three successive Saturdays
Wheat per bu...". ~ 70 w
PCrR foR e Per bSi""...sls % 81 W ZIG I3
Lard per lou lbs. 20 80 suS
There is little or no speculative support
to the wheat market, even t present
prices.
The Crop Prospects.
Crop prospects were never more favora'
bic at this stage OF the season, and With
lsree stocks in sight at homo and sbrosd.
and warm weather approaching thsrs
seems 10 be little In the situation, except
he unusually low prices, 70 encourage
renewal Of speculative buying Tor an up
ward turn In values. Export trade COO
tinu.s slow snd unsatisisctory, - the
con fidence OF foreign buyers has been
impaired by the continuous decline
N prices: but there 10 general ex'
pec,ation OF Q larger outward move.
m. nj % soon as the present exottstnsnt
sesIs away. Corn receipts at the Vast
hsye fallen of. aud the statistical posiaou
Q general regarded ss stronger for this So.
ole than for wheat, but the bull elsmsp!
IN the market has been unable 70 Withstand
,be effect OF the free selling moysmsnt
| started by the decline In wheat. EIp0ft
pu.ipess shows no improvement TIE
br.sk in prices on hog products has inhu-
spc.d little more shipping demand fof
lard. and the general outlook Tor lsgtdmas
bntipets is more hopeful; but st the me-.
mint trade u depressed by the unsettied
~ Tia maFkAt