The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1884-11-10
THE BUSINESS WORLD.
Arade Throughout the Country Interrupted.
The Wool Market, ht rl-7


New foRH, Nov.s.-Bra,l.rtd. Jo,trna
IN It's commercial summary says: Genera
trade throughout the country as rel,or,e,
to Brnds.tea'a4as been very generallv IN
terrupted. Very little new business o
any magnitude has been reported, and the
sales made by agents and iobbers in gen,
eral lines have been fewer than before and
quite as mnch Of the han'.,o.mou,ll
variety. This places the movement Of
merchandise begun during the week at q
lower total than in any week noted during
the year, and 1t Is due, Of course, to the
absorbing interest which has been taken
ia toe returns concerning the election for
PRESIDENT. Boston, New York, Philadel.
pliia, and Baltimore adviccs fully bear out
this view, while ut St. Louis and Chicago
It Is II anything intensified. At the latter
city the outlook In general trade circles,
politics apart, Is given as antavorable.
Inc movement OF products east Is SO
restricted that currency has had TO be
shipped TO New York for purposes OF do.
nestle exchange, a most anomalous cir.
cumstance at this season. AT one or two
smaller cities only Is there any reported
gain in general trade. - G1'IT
The dispatch from Boston Is frightened
by the statement that there Is n somewhat
better feeling among the dry goods com.
mission houses, based on the cheapness OF
their stocks and the disbelief in the like
iihood of any future decline. Yet word
comes from Fall River that the mills are
running and that stocks are piling up as
prior to the late s.oppage. - +.
Iron is very quiet ut most distributing
centers. Pig is quie. and unchanged in
price ior best eastern brands. Steel rails
are held at from s2S to $50 per ton, with
orders scarce. t@ iS7l 7I1' :
g.s WOOL.
BosroS, Mass, Nov. S.-Thc .id,ertiMr
in its weekly; reviewof the wool market
says: The market has been very quiet,
but considering that little or no business
has been done since Saturday, the total
of the sales is very satisfactory. The price
Of wool depends upon the financial neces-
stiles Of the seller and the strength Of the
buyer. Wool is unsettled in price bv
these conditions more than by any Others.
fleeces are not in excessive supply. and
the best are III the hands OF strong men
who can hold their stock at full prices
There IS evidently 10 be a return TO
coarser worsted, for there is u greatly in
creased inquiry for coarse worsied wools
Some commission hou ,es are ot!eringtheir
wools more freely, declaring il un.
advisable TO carry woods with the present
outlook for goods. The probable election
OF Cleveland has, it can truthiully be said,
been quite 4 scar. 10 some manufacturers
who fear all sorts OF evils by foreign goods
being admitted free, and they are not
likely to enter the market for wool inst
yet, unless obliged TO. There car, be- no
increased demand for wool until WOODEN
goods shall be more active and also at
better prices. As it is goods must either
advance or niateria! and labor decline for
the manufacturers to be able to continue
to make most goods. Some specialties can
be protitAbly made ut the ruling nrices.
but in general this is not correct. Labor
is now Just about what it was two yeurs
ago, and yet the cost of living is less.
Manufacturers have not reduced wages. MS
they have been hoping that at any time an
might set in. But it has not
come, and labor will have to take its share
OF the depreciation. sli,'a