Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1884-02-25
THE TREND OF TRADE
Very Moderate During the Past
Week.
CORN AND WHEAT ON THE DECLINE.
Iron Still Firm, With a Fair 0utIook-WooI
Active and Dealers Confident
Review Of Recent
Failures.

the United States during the past week has
been more moderate. The weather at the
west and northwest has been OF such q
character as to materially curtail trading,
and special dispatches from those regions
p6int to q noteworthy decline as compared
with weeks Immediately preceding. The
roads have also been impossible in many
localities, q circumstance which, besides
interfering with the country merchants
business, has Interrupted collections so
>thata thasssneesQt- -the same il diatiAe1s4
below that of recent weeks. Stnl, The
falling away noted is clearly of the
nature of an interruption, and in no wise
due to decreased demands, which explana-
lion likewise includes the regions which
have suffered from floods through the
Ohio Valley and vicinity. The breadstufis
market has shown a decline on wheat from
&c TO 1Bc per bushel and on Indian corn
from lS@2c per bushel. Exports have
remained inective, end, as he visible sup.
Fly has decreased again and receipts at the
West have continued 10 msintain a low
level, prices apparently refuse stimulus
other than from abroad. Wheat az Chicago
Thursday was
Weak and DepTe' sed
by indications Of better weather and an
absence of outside buyers support. 1t de-
clined nc from the Opening and &c from
Wednesday. The prospects are that few
days of better weather will cause further
break as sdvices from the country say there
is still as much old crop in as at this time
last year. This is justified by q compari.
son of receipts. Corn sympathized with
wheat and declined &c. Receipts we're
nee and stocks were rapidly accumulating.
There was no demand for No. , for ship
IT ent. Pork and lard and shortrih sides at
Chicsgo are firm and active. The former
advanced Csc. per barrel, and lard and ribs
SOC per 100 pounds over the lowest sale on
Wednesday. The demand was purely
speculative for future delivery, as there
vas no shipping business. The advance
was due TO nanipulations OF the bulls who
frightened the shorts into covering. The
Indications are that the weeks receipts OF
hogs will be ss large as those OF the CORE.
spending period in the two years lmmedi-
ately preceding. Provisions at New York
have taken their cue from Chicago, and
the break there during the week was fully
reflected here.
The Iron Marhet.
There are no specially new features to
report in the market this week. The firm.
ness in pig iron previously noted has con-
tinued. Sales have not been particularly
noteworthy and prices continue firm as last
quoted. The majority OF the furnaces sup.
plying this market have their capacity en-.
gagged until July. Makers do not want to
I'D In tu in
session, and it is doubtful If they will be
to any extent Steel raii makers are con-
tented with the situation and outlook, and
il is quite certain that no probable demand
IL the man uiacture VIII inouss th."> 80
materially advance prices soon. sa4es Oh
pig iron or steel rails here dunng the week
have been very moderate, though the
strength of tue position of holders has
been fully maintained. Scotch pig re-
ceipts, due 10 the arrival OF two steamers,
reat he'd 500 tons. most OF which went at
once into consumption. Prices ere un-
changed and firmly held. There are no
new features in other lines.
The Wool Trade.
The wool trade has exhibited far de-
gree of activity during the past week.
Transactions in the leading Eastern mar
kets have reached good aggregate, al
though purchases have been chiefly in
moderate-sized lines proportioned to the
nearest wants of the looms. The situation
as regards values is not materially changed,
but the feeling, if anything, is more con-
fident among holders Of the more desirable
grades. This is especially true OF quarter.
blood flee ces and all kinds OF oOmDing and
delaine woods, for which there is steadily
impruyire demand. The supply oil this
class of wool is small and the brighten
ing outlook OF the worsted trade IN
creases the confidence OF sellers. lnere
are indications Of revival OF activity IN
the manufacture OF jerseys and the whole
worst.d industry is more active some
mills nows running overtime. MeiiuH
combinc woods are firm but move less freely
than Ouartrr and common, and show
smaller dilI renee in value than last year
This is due in par, TO the disproportionap
reduction then made in tue tarih-the out!
being lowered more on yarns than on tot
raw material. The general outlook Tor th'
wool trsde Is fsiIiy encouraging and there
is al evident feeling that the staple IL more
likely TO improve in value than TO decline,
hut there is no tendency TO soecul4tion
Late foreign aGvices are les favorable f2r
carpet wools, but at the colonial sale' nov
in progress in London values are fairly
msintsIned on clothing wools.
The Goal Trade.
The position of the trade has not changed
particularly since last week. The demand
for anthracite is relatively moderate.
Bituminous is meeting better request,
and the increased call for the same for
manufacturing purposes is attracting
good deal Of attention. Moderate activity
cnaracterizes tine movement Of anthracite.
East and south the demand for anthracite
is not what had been expected. The guam.
tity mined and msrketed from Jan nuary to
compared With 2,t9I,O38 tons Tor the cor:
responding period in 1888. a decrease OF
3,37l tons. The total production OF an
thrsciie during January was 800, ,52l tons,
against 2,075,74l tons in January, 1855,
decrease Of l76, ,lG9 tons. To this, however,
sbc uld be sdded The quantity consumed
by TN ployes and for steam and heating
purposes about the mines, in order TO get
AZ the gross output. The stock OF coal oa
bspd al tiGewater shipping points, January
81 wss 631 ,gs7 tons; on December 81, 1888,
7is, $3.50 tons; decrease, 1888 tons.
The Industrial outlook.
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