The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1884-12-01
s,VOLUME iXXXIII. N UAIBER 81.
TRADE TOPICS.
Ths situation ma Reviewed by "llra,l
l. nlaig- '7' 'l.5' atrcets.n f1., F-.t#l. Trr

. d ". ~ .
New fonK, Nov. 20.-The general con,
merclal situation throughout the Unite,
States as reported to Brad,iretis In spccia
kilograms from important trade centre
shows no marked change, although ther,
are several reports Of more encourapin,
nature than havc been received for a Ion!
time. In New England the dry good
market for staple cotton goods is tlrmer
owing 70 tho stiffness Of print cloth manu-
facturers and tho we'll sustained asyanc,
In the price OF tho same, three aud ono
eighth cents less VI percent per yarl
tho lowest) to thrce and three
sixteentiIs cents plus II percent. Ihi.
mas created n better feeling IN several ol
the more important distributing centres,
but u.s. yet the demand hus not shown any
material Increase. At New York tho dc.
mand for dry; goods Is irregular, but the
tone Of the market Is improving with the
gradual reduction OF !: surplus stocks.
prlces Of spot cotton arc barely supported.
The extreme view, that Northern spinners
are likely TO encounter competition from
foreign buyers in tho near iutarc, and
that prices nrc thus likely to be advanced,
is met by the fact that Liverpool is quite
well supplied with cotton already. Near
futures are n few points higher and more
distant ones lower. i,t6lz, ',.aslITrG 'I'''.
& THE INDUSTRIAL sITuATIoN. ,.
The industrial situation continues the
record oi the last month with increasing
reports OF shutting down OF iactoscs and
mills, and Of enforced reductions OF wages.
The market for Eastern pig iron is flat
and prices are nominally unchanged. Tho
belief is strong, however, that II reduction
IN price Of 81 per ton ut least il lkelyto
W announced ut an carly day to effect
1885 deliveries. 1t will be Interesting TO
note how much, il ut ull, this cut will
effect the shipments Of Southern pig iron
north OF Maryland and east OF Ohio.
Special reports to Brndsireis this week
show that oyer 76, 900 tons huve been sent
into the East direct from the Southern
furnaces. In direct shipments via Gin.
cinnati, Eichnon1, and other distributing
points must materially increase this total.
Steel rails arc. weaker and quoted at s27a
$50: The total production of anthracite
Goa! promises not 10 exceed &, ,0O0, 0O0 tons,
and the quantity 10 bc carried over may
equal 2.2o0, 0oO tons, against 100000 tons
carried over January LIST last. Prices are
still aemoralize.l und the outlook is not
bright. 9. w .a;" sIsI1~
Il az, = FAILURES. H n III n. \
There. were 2222 failures in the United
States reported to Bradslrtets during the
last week, as compared with 25l in the.
preceding week, and witN o32, 1SC, and
los respectively in the corresponding
weeksof 1888, 1882 2nnd 1851. Abouts5 per.
cent were those OF small traders whose
capital was less than $1,000. Canada had
%. decrease Of 4 n 5,
+ wool. = ..S
BosroS. Mass, Nov. oo0-The wool
market is not so buoyant as last week,
although small sales huve been rather
numerous. Manufactures are now buy:
ing with a view to sending ont samples Of
goods the first Of the year, so til at there IA
some special activity. ButitSis estimated
That ahont one.third to onc.l,alf of the
possible output Of wvelens in New England
g cutnit by,the; complete, or partial stop
page OF machinery, and this .curtailinent,
though i may strengthen prices, OF course
ilhlhlshes the volume OF sales. Quota
Lions are fairly well sustained on the level
q the. past fortnight. Only the choicest
1ne combing and dclainu ieeces com
nand ,3Sc per pound, and the Very best
pulled alone ietcles Soc. = 3: