The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1884-04-07
THE BUSINESS:,W0RL
A SLIGHT IMPROVEMENT IN TRADE
uhdtr The Influence Of brighter Wtathtr-lhs
Drop Ia Wheat Causes Other drains and Fro.
'hiohs TO oSu,nps,hxi-A QaI.tl Iron MARKET.
Wool Market Without S.m Features.

.
y 'hion' TO oSu.npashz>-AQ Qal.t Iron Market.
y Wool Market Without Nav Features.
r NEw ioRK, April 5.-Thu reappesrance
h Of brighter weather ut many Of the moro
important distributing centres throughout
!. Inc country has been reelected In reports Of
/ q visible gain in The demand Tor staple
i goods aud seasonsble articles in other lines
Special te,egramst to Bru,istrett's record this,
but note as well that n. a number of tho
large, moatly eastern cities, no improve.
ment has been made which has as vet had
any perceptibleA elect on general trade.
The outlook, however, Is for alow gain
in the distribution; o., ,4merchandlss with
the continuance offspring ,SealhefSfThe
clothing trade Is backward: sCotton goods :,
Of some varieties have been advanced, pri-
marly owing to the increased coat Of raw
cotton. The movement Of general dry
goods mas improved some, though not at all
points. The demand for, boots aud shoes
Is more pronounced, and hides and leather
arc more active.
BREADsTuffs AND rpOyleloNs.
Tho interest i'll commercial circles las
centered on wheat. which has sustained q
severe drop in price since the slight recov-
cry on the .0:h ult. No. . red at New
York has lost &c per bushel, twothirdu Of
thst:amouut within two duys. Corn has
eympashized and lost half as much. Good.
crop weather Msst, /: weaker scables .1,,ialls 4,
export demand and general teHlr- 10 cell
have caused the breaks! Provisions, loo,
are weak aud lower, partly in sympathy
with grain and partly on account, Of ma.
nlpulation. Western lard dropped soc at,
New York. the options 81 anil pork ,,Sljpsr, \,
barrel: The grain markets at Chicago are
entirely demoralizsd. ...T".0'','"'
Corn is unsettled and -weaKe N syni.
pathywith wheat and provisions, although
l'iha' decline IL less severe than in any o.hsr,
article. 1t closed at the lowest price, Of
the day. Pork M Chicago was weak, un-
settled and declined 5Os, par barrel, and
closed at about the bottom.
THE FAILURE RECORD
There were li3 failures in !ha Uaited
States reported 10 Trudsi,cefs during the
pas! week, as compared with l6e in the
preceding week, and with 100, ll9 and 1l3
respectively in the corresponding weeks OF
1883, 1857 and 1851. About 81 percent
were those OF small traders whose capital
was less than S3,0G0at GanadaShad. 30, u
decrease;o OF L, i Ia "a
: There are'but lew new features 10 report
concerning the iron market. Pig continued
very quiet and prices are unchanged,
though firmly held on the basis Of S2O5O
for No. y. At present furnaces supply
ing eastern markets are making deliveries
on season contracts taken two months ago.
The statement is also made that euch de.
liverles are about equal To present product
i've capacity. Consumers Of pig iron are
therefore fully employed, although but few
sales are being recople1 from day to day.,
fftnis ut it6fninaIis-
unchanged Tprices- ArrivslsN .during The
week will not aggregate ] 900 tons, 200 tons
OF which were disposed OF ut conceesionsto to
prevent loss by storage. The market Tor
bar iron is dull, and although makers in
Isome instances are endeavoring to get
higher prices, they do not appear to have
met with much success. Steel rails are
$S4 ,50,35 90 nominally. There have been
isaleaof Inferior lots, and {of good lots as
| lwelE! !thnderT Competitive ipressure) at $34
Isnd at;l lower tiguresatthe mill.At52 i,LLl-rr,-
eBosToA April The Aaysr;ii isers in ;Sits
weekly, review ot$thew market says !.
The market has ruled about as in The more
recent weeks-quiet, without snap, and
prices generally in favor OF buyers, with
more maniieat desire OH the part OF dealers
TO soil their wool before the new clip comes
forward. Accounts with commission mer.
chants have to he closed up before the
new wool ia shipped, and this pressure to
| sell ia likely to continue. The improve.
ment in wool can only come through wool.
en- goods, and Of tha, there ia not tho iaut.
Test sign. Indeed, go Improbable is that
business that: :rather than make goods at
q loss, or5t0r g. lnarket, / manufacturer arc
seriously conaidering the matter Of shutting
down. Some Of the corporations have de-
cided the past. week to shut down. Only
mills making speciaties are doing we'll.
Clothing manufacturers in the West and
in New York are particularly do.
ttermined ip their attitude Of bear.
ting @prices5f and have bought few
goods. 1T is, not surprising that manuiac.
,urera Of woolenB. in their turn are bears
upon tho wool market, and buy onlywheu
Obliged to. Probably no season has been
so prolific in sample bays as this. Manu-
fac.urers see the large importations of,Ans-
tralan wool upon the market and the new
clip at hand, and do not fear but all their
wants can he readily met. s. Some 5000
bales OF Australian wool have been shipped
from Australian ports to- the United States.
The 1000 Dales bought in London were
not OF the hea: quality aud some cross:
breds were taken by manufacturers. The
holders OF Australian wool here are moro
willing TO ssil<at oss than before, nj.
though somesexpect their wool will he
.,.Sanled. bai6fss fhNsnass Clip al. ,iiueuwoos
Ewilljbe aVailabl ble! Tlle neSs london colo-S.
nial sale will commence either April 20 CT,
May Sand may have HI important influence
upon Australian wool now here. The
news from Montevideo is ,ha. cheap woolB
are plenty, and choce grades firm. Ono
OF the beat clips Of wool in Monteyideo--
the Drabble-hSs been sold TO 10 10 Eng
land. -
/ :t .OMIn CROPS. =,