The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1884-04-28
THE BUSINESS WORLD.
NO CHANGES IN TRADE cIRcLEs.
The Prlem for Staples G.nsrAliy Lom-Brssd,isns
andPro'i'iuas Experience Failing or Iadtk.a
Rsact-Ths weeks Fallurss-irou Trads
Dull-Toas ofths Vol aaiket Strong,

Nkw YoRK, April 2G.-The past week in
general trade circles, es sreported by special
telegrams from businGfs centers to Brad.
i. streets, reveals no change from that preced.
ing, worth noting. Throughout a good por.
tion Of the west storms have prevailed with
their customary effect on the distribution
OF merchandse and early spring teamwork, =.
tflCcs lorstaplcs, with oEe OF two e2Cep.
tions, are low, and the demand is light,and
there Is no Nprospect oil revival In tho
near iuture. Farmers throughout the west
and northwest are well on with planting,
and reportsa9 10 tho progrtfs OF the winter
plant and spring seeding are almost entire.
ly favorable. The most conservative re-
ports place the increased acreage in Dako.
ia at 95percent. Pacific coast auyices prom.
iso All enormous gain In the wheat harvest
as compared with 1883. This, however,
will be subject to tho possible drouths OF
later months, II not to some doubt based
on previous overestimates from that quar-.
ter.
| DIEAD;TufiS AND PROVISIONS,
Provisions have been very dull and have
fallen away, and reacted again in sympa-
thy with wheat. On Thursday and yester.
day there wPs marked advance in prices
OF wheat options, followed by spot prices
June wheat touched 81 l2!. The advance,
in part the taking advan,ageot an oyelsoli
market, Ia largely based ON the notion that
all OF the available good wheat here will
be wanted at homo before tho new crop
comes in. The gain in spot wheat for the
week is 5as, on the options G.llOc per
bushel. Exports were checked. Corn wac
slower in movement. Wheat at Chicago
yesterday was active and excited at tho al-
vance due to higher New York aud Eng.
lish markets and the demand 10 cover,
Shipments were large, but chic fly consigned
by bull manipulators TO aid tho advance.
Legitimate houses who buy on orders eaid
they were without business q. anything
near existing prices. The close was very
feversh. Cropreporis yesterday were iav-
orable and tho weather brilliant. Corn at =
Chicago was unsettled; il opened firm.
The demand was almost exclusively sptcu-
lative. r-,-.,.--...
FAILURE RECORD.
There were 16I failures in tho United
States reported 10 BradSlrcets during the
past week, as compared with los in the
preceding week, and with lSG, los and lO2
respectively in the corresponding weeks OF
1883, 1852 and 1851. About So per cent.
were those OF small traders whose capital
was less than $1,000. Canada had ia
decrease OF s.
a.. IRON.
There are no new features Of importance
in the iron trade. Business is dull the de-
mand is for amal lots fer hand.to.mouth
requirements only for pig iron. Stocks to
be cure are small, and arc not increasing.
The large proportion ot furnaces shut down
appears to prevent their accumulation,
The receipts Of Scotch pig iron amounted
to l 400 tons during the week, all OF which
was previously sold. Prices OF both Scotch
and American iron are unchanged. The
demand for bar iron 10 no heavier. Prices
are about the eamo, and makera find that
competition for some orders keeps quota.
tions at the lowest level. Steel rails are as
last noted, cheap and in demand, with
moderation. The request for rails, how.
ever, is proportionately better than for the
other varieties noted. The markets through.
out the country are likewise the reverse
from active, although at some points
special demands have from week to week
given better complexion 10 the market
reports from those places than from others,
Reports from the United Kingdom state
that the iron trade there at the end Of the
first quarter OF 1854, was worse than on
January l., and that in volume it was man.
ifesty diminished.
WOOL
BosToN, April 2G-The Adre,tiser, in its
weekly review OF the wool market, SAWS.
The business OF the week, qs the gales re-
ported by the several houaea show, bas
been the the lightest Of any week this wear.
even including tho holiday.brokeu weeks
Washington's birthday and Fast day,
The GALES OF Michigan wool have been
larger than reported, We have repson to
believe, by at lePst $4,000 pounds, as one q
house madO no report OF any slles OF wool
this week. The Auburn Wcolen Company
hPs been in the market after such this
week, and the available stock OF good
Michigan has been greatly reduced by their
purchases. The tone, in spite OF the small
business, is strong Tor all grades OF wool
that are at all in demand, for the supplyis
light OF such. It will be noticed that thero
have been continued ea!es OF Ohio NX at
4Oc. and \ at 81 DC. Some manufacturers
have been il the market for deaine, and
choice lots have been taken at full prices.
Coarse Tools are very scarce, and with
fair demand would advance, but as it is
that is not expected. Light shrinking me-
dium pulled wools are well sold up, and
the demand is in excccs Of the supply,
There hes been moro call Tor sample bags
oil Australian. and the stock OF heeces ia
such that holders are encouraged
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RIVER NEWS.