The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1884-11-17

business Continues without Animation.
Iron Market Flat-Wou Trndp.
New ioRE, Nov. l3.-Thc general trade
situation throughout the United States, as
reported by special tc.egrams to Brad
streets, continues without animation.
Wholesale merchants and jobbers do not
report renewed buying, nor has the very
conservative haud:to+mouth method of
purchasing been more than maintained.
in industrial lines the situation 10 less en-.
oourasing, Iron mills at the center OF
that industry arc running OIL half time in
II number Of instances. The trade Of
textiles at Philadelphia and vicinity is
very much depressed, and the enforced
idleness among mill employees Includes
about ls,G09.
The general financial situation continues
to present that apparently favorable iea.
ture, m ENORMOUS excess OF surplus funds
at the banks, which in reality reveals the
amount OF capital out OF employment, and
the accompanying falling oil in produc.
lion. Funds arc 10 longer coming east
tr0m the west, and country customers Of
western banks have ceased sending for
money, which ioreshadoWs q check to the
rapid shipment Of wheat to market, Col.
l~p:tions generally throughout the country
are slow, noticeably at the west and less
go in the southwest.
Heavy receipts, an HprSeeclentedly
large visible supply At this,date and rela.
lively slack exports OF wheat, backed only
BY 4 moderate demand. lot wheat options
down this week al average OF &c per
bushcl. Cash wheat No. . red lost Sic.
Reports from the northwest confirm the
previous statements rs IA 4 reduced acre
age planted to winter wheat. Provisions
are Weaker OF free receipts Of hog, 4 slack
tclnund and with apathy on the part Of
packers aud operators. Cash lard has de-
clined 5 points on the week. Mess pork
declined 81, to SIS. In dry goods tho dull
ness hitherto prevailing iias been in part
relieved by a better order trade for small
reassortments. Production and consump.
ton OF textiles continue on a REDUCED scale,
HAd prices are very low loe all fabrics.
taGS.
Makers OF ard agents for pig iron DO
TO: lave much to lell Of interest In their
own particular line this week. The mar
ket is flat, stale, and they only can say
bow profitable, Prices are held as last
quoted, on the hhafs Of $40 for best grades
OF Mol Outside brands OF eastern make
No. | iron are offered at $40. Sales are
limited, and when made arc (or small lots
cRly.
lii manufactured Iron there is no i'm
provcmens. At most points mills are run
ming on reduced time and orders are small
and scarce, Common iron Is selling as
low as 1.45c and refined at Lose. Plates
and sheets arc very dull, and the outlook
for shaped irons IS not bright. There is
no change to report in steel nails, prices
being held at S2Oa3O. The orders this
week have been small.
WOOL.
BosroS, Nov. l5.-Thc Adreriiar in its
weekly review OF the wool market says:
y feature Of the situation is that there is
very little pressure to sell wool, hence,
prices, in spite of the light business, arg
fairly well sustained. Holders feel that If
they have 10 risk taking a loss, they may
as well risk taking n larger one than they
would have il they sold now. They are
strongly Of tho opinion TINT wool is about
low aS it ia going, and rs It is known
that many manufacturers will be out OF
wool next month, they consider the out.
look fair. The present tariff scare will,
feel, surely wear of, particularly
when manufacturers who Threatened to
ut down note that other manufacturers
will, ii tho goods made are in. demand, in.
crease their product. Another feature is
hat it is extremely7diticult to purchase at
] price any large lots Of wool, and manu-
lecturers who desire round lots have to
secure many small lots to make up the
at this season thete!is a strong de-
on the part Of commission houses 10
accounts as the end OF the year ap,
oroachcs. bargains are very close, manu-
:acturcrs even pressing for +. 0. b,